In past years, many BigLaw firms have played follow-the-leader in matching associate bonuses to those set by the most profitable firms, but as law firm profit gaps grow, experts say it's likely that bonuses at less profitable firms will remain on trend with past years even as their counterparts up the ante for a select few associates.
Massachusetts Attorney General Maura Healey said Wednesday on Twitter that she is investigating Uber Technologies Inc. for last year’s cyberattack, while New Mexico Attorney General Hector H. Balderas demanded answers to a list of questions he sent to the company about the breach, in which Uber said hackers stole personal data on 57 million riders.
A Second Circuit panel on Wednesday affirmed a lower court’s dismissal of a proposed class action accusing Sling Media Inc. of adding unwanted advertisements to its Slingbox mobile streaming service, concluding that the consumers did not plausibly allege a deceptive act or practice on Sling’s part.
Larry Nassar, the sports doctor accused of sexual abuse by hundreds of Olympic, college and younger gymnasts, pled guilty Wednesday in Michigan court to felony criminal sexual conduct after years of alleged sexual abuse of young female athletes.
A Montana federal judge on Wednesday refused to nix a pair of suits challenging the revival of the Keystone XL pipeline, saying that the federal government can't evade environmental challenges simply because President Donald Trump delegated permitting authority for the controversial project to the U.S. Department of State.
The U.S. Commodity Futures Trading Commission on Wednesday announced that it had imposed nearly $413 million in sanctions in fiscal 2017, less than half of the penalties issued in the previous fiscal year and the lowest since 2011.
The Federal Communication Commission on Tuesday announced a plan to review and possibly modify or eliminate regulations that keep in check the percentage of national broadcast audience a company’s television stations can reach, a move critics have ripped as paving the way for unhealthy media consolidation.
Pharmaceutical giant AmerisourceBergen Corp. has struck a $625 million deal to settle the government’s False Claims Act investigation into the drug wholesaler’s practice of repackaging and selling injectable drugs, allegedly without regard to product purity, according to documents filed with U.S. securities regulators Tuesday.
A sports agent who once represented 53 aspiring National Football League players hit the NFL and the NFL Players Association with an antitrust suit in Massachusetts federal court Tuesday, accusing the league of stifling competition and implementing a "sham" three-year agent certification rule to keep new agents out of the industry.
The day of reckoning is nigh for America Invents Act reviews as the U.S. Supreme Court will hear arguments Monday to determine if they are unconstitutional. Here’s what attorneys will be watching for as the justices take up a case that could abolish a key tool for invalidating patents.
Law firms have lagged behind sectors like technology and health care in downsizing and modernizing their real estate footprints, but firms recently have been making changes as they too try to woo millennials, Cushman & Wakefield Executive Managing Director and legal sector expert Sherry Cushman told Law360 in a recent interview.
The U.S. Securities and Exchange Commission’s whistleblower program, now entering its seventh year, is maturing and gaining momentum, according to an agency report released Nov. 17, and whistleblower attorneys say they hope the Trump administration recognizes its value by staying out of the SEC’s way.
Companies and financial sponsors are expected to dive back into dealmaking in the coming year as they opt to stomach any lingering uncertainty from global regulatory and political challenges in order to take advantage of favorable economics and tap into growth.
By Jacqueline Bell and Cristina Violante