Chancellor William Chandler III is known for decisions that gave broad deference to corporate boards, including the 2006 Disney decision and this year's Airgas ruling. Vice Chancellor Leo Strine appears to be the leading candidate to succeed him. Chandler hasn't yet identified the firm he'll join.

After a hostile reception by the Justices at oral arguments, plaintiffs lawyers doubted the high court would endorse U.S. securities claims by foreign investors who bought shares of foreign companies on foreign exchanges. They just prayed the damage would be limited. Those hopes were dashed by the Court's unanimous ruling Thursday. We've got analysis from the lawyers who argued both sides at the Court.

It took Calhoon and his partners at Baker Botts nearly a decade to get claims that Vivendi breached the terms of a multibillion deal with their client in front of a jury. But it paid off on Monday, when Calhoon won a $956 million verdict for Liberty Media Corp.