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April 25, 2024 | Law.com

Federal Judge Reverses $1M Exemplary Damages Award in Favor of Employee Accused of Misappropriating Trade Secrets

"The evidence was more than sufficient for the jury to find that Parzych was doing more than simply looking for another job opportunity while still employed by ZipBy: It is disingenuous to compare an employee searching for a new position during his lunch break to Parzych's covert attempts to acquire a valuable asset behind his employer's back," U.S. District Judge Indira Talwani for the District of Massachusetts wrote. "Parzych's argument otherwise ignores the facts and the law at issue in this case."
4 minute read
April 22, 2024 | National Law Journal

Brownstein, Akin See Record Q1 Lobbying Revenue Amid Influx of Business

Holland & Knight and Hogan Lovells also grew their Q1 lobbying revenue.
3 minute read
April 22, 2024 | The American Lawyer

A&O and Shearman Continue Lateral Hiring as Merger Date Approaches

Both law firms have continued to add, and lose, partners in the lead-up to the merger.
4 minute read
April 22, 2024 | Daily Report Online

On the Move: Federal Prosecutor Heads to Moore & Van Allen

In other moves, Bradley Arant Boult Cummings adds a banking & financial services lawyer, while Freeman Mathis & Gary adds two former managing partners from a smaller firm.
8 minute read
April 22, 2024 | Law.com

The Next Threat to Tech: Regulation

Another fundamental threat to tech is emerging as well on both sides of the Atlantic: regulation as a common carrier.
3 minute read
April 18, 2024 | Daily Report Online

2024 Southeastern Legal Awards Honorees Announced

The Daily Report and Law.com are pleased to announce its 2024 winners and finalists for the second annual Southeastern Legal Awards. Previously known…
4 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Average Compensation - All Partners

Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Lawyer

Profits per lawyer is an alternative way of looking at firm profitability, intended to reduce the influence of factors such as leverage. The average is about $518,000, and the list-topper is about $3.04 million.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Equity Partner

For the Am Law 100 as a whole, average PEP was up by 9.3% in 2023. Thirty-seven firms had growth rates of at least 10%, compared to 14 last year. Twenty firms had declines in 2023.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Revenue Per Lawyer

For the Am Law 100 as a whole, average revenue per lawyer, the metric that we've long regarded as the most reliable measure of a firm's financial health, increased by 4.9%. In 2023, eighty-five firms posted a gain in RPL.
2 minute read

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