Legal Sector Gains More Jobs, Nears Pre-Pandemic Levels

Top Stories

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  Feds Will Reconsider Trump's Endangered Species Act Rules

  By Juan Carlos Rodriguez

  The federal government on Friday promised to rescind or revise five controversial Endangered Species Act regulat...(read more)

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  Facebook Faces UK, EU Antitrust Probes Over Ad Data

  By Nadia Dreid

  British and European antitrust enforcers are investigating whether Facebook has been using the data it collects ...(read more)

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• BREAKING: High Court Says TPS Holders' Illegal Entry Bars Green Cards

  By Sarah Betancourt

  The U.S. Supreme Court ruled Monday that recipients of temporary protected status who entered the U.S. unlawfully cannot apply for a green card, finding that the grant of their protected status does not count as admission into the U.S.

• Wachtell, Simpson Build $30B PE Club Deal For Medline

  By Benjamin Horney

  A group featuring private equity firms Blackstone, Carlyle and Hellman & Friedman will make a majority investment in medical supply giant Medline at an enterprise value of more than $30 billion, in a deal announced Saturday that's guided by Wachtell Lipton and Simpson Thacher.

• Barnes & Thornburg Says It Didn't OK Ex-Partner's Lindell Suit

  By Dave Simpson

  Barnes & Thornburg LLP and a partner have gone their separate ways after the attorney failed to obtain the firm's approval before filing MyPillow CEO Mike Lindell's lawsuit Thursday accusing Dominion Voting Systems of using "lawfare" to silence his allegations that the company rigged the 2020 presidential election for Democrat Joe Biden, a firm spokesperson said Friday.

• SEC Removes PCAOB's Trump-Era Boss

  By Dean Seal

  The U.S. Securities and Exchange Commission on Friday removed William Duhnke as chairman of the Public Company Accounting Oversight Board, pleasing Wall Street critics and frustrating the SEC's two Republican commissioners.

• 2nd Circ. Backs Bribery Convictions In NCAA Hoops Scheme

  By Zachary Zagger

  The Second Circuit on Friday upheld bribery convictions against an aspiring basketball agent and an Adidas marketing consultant stemming from the second trial in New York federal prosecutors' college basketball corruption probe, but it said jurors should not have been given an instruction that may have undermined one of the defendant's credibility on the stand.

• Uber Can't Get Early Win In Passenger's Assault Suit

  By Dorothy Atkins

  A California state judge on Friday questioned whether it's worth Uber's money to try to seek early wins in one of multiple lawsuits pending before him that claim Uber's alleged "toxic-male culture" led to women being sexually assaulted by drivers, saying "the bottom line is we're at pleading stage."

• SEC Signals New Direction On Proxy Advice Regulations

  By Tom Zanki

  The U.S. Securities and Exchange Commission's decision to reconsider new rules governing proxy advisory firms signals a policy shift that could alter or undo what is seen as a corporate-friendly regulatory regime installed at the tail end of the Trump administration.

• Opioid Bellwether Trials Against Pharmacies To Be Bifurcated

  By Emily Field

  The Ohio federal judge presiding over the opioid multidistrict litigation on Thursday split five upcoming bellwether trials against pharmacies into two phases, trying claims by local governments that the pharmacies created a public nuisance by overlooking suspicious orders first.

• EU Won't Budge On COVID-19 Vaccine IP Waiver

  By Grace Dixon

  The European Union on Friday handed over a proposal aimed at boosting global distribution of COVID-19 vaccines by easing regulatory hurdles, but it stopped short of calling on countries to suspend intellectual property protections on the vaccines.

• Ace Dodges Bid For Hotel's Closure Costs In Branding Battle

  By Matt Fair

  A Pennsylvania state judge showed little patience during a hearing on Friday with a request from the owners of a shuttered Pittsburgh hotel building that they receive $2,000 per day to cover costs after being enjoined from reopening as part of a branding battle with boutique hotel manager Ace.

• Akin Gump Says It Can't Rep Bouchard Owners In Co.'s Ch. 11

  By Vince Sullivan

  Citing irreconcilable differences, Akin Gump Strauss Hauer & Feld LLP has asked a Texas bankruptcy judge for permission to withdraw from representing parties associated with Morton Bouchard III in the Chapter 11 case of Bouchard Transportation, the company his family has owned for generations.

• Judge Gibney To Open Up 3rd Seat In Va.'s Eastern District

  By Matt Perez

  U.S. District Judge John A. Gibney Jr. of the Eastern District of Virginia plans to take senior status later this year, his office confirmed to Law360 on Friday, giving Democrats a third opening on the "rocket docket" court.