Facebook announced on Tuesday that it would start booking advertising revenue in each country where it has an office, rather than recording everything through the company’s international headquarters in Dublin, a move that follows scrutiny over the social media giant’s dealings with its Irish subsidiary for tax purposes.
Once a taboo topic in the halls of BigLaw, litigation finance is winning over converts. And the peer pressure is building for rival law firms to join the bandwagon.
We asked, and you answered. Here are the results of Law360’s inaugural survey on third-party legal funding.
They often don’t know exactly what they’re buying, and there’s an ever-present chance they could come up empty in a given case. Here’s why investors are flocking to litigation finance anyway.
A Delaware Chancery judge on Monday threw out a shareholder lawsuit challenging power generating giant NRG Energy Inc.'s stock reclassification of its yieldco, ruling that the standards under the MFW precedent that can protect controlling-party takeovers from stockholder claims were met, and can also extend to reclassification transactions.
Days before the Federal Communications Commission is expected to vote to roll back the legal underpinning for its net neutrality rules, it announced plans Monday to partner with the Federal Trade Commission to share information and enforcement duties for service providers that don't honestly disclose their open internet practices.
U.S. Securities and Exchange Commission Chairman Jay Clayton, acting in response to a surge in public awareness of cryptocurrencies and initial coin offerings, acknowledged the potential value of the innovative technologies on Monday but urged “Main Street” investors to look before they leap.
The launch of bitcoin futures trading will likely pave the way for broader market acceptance of cryptocurrencies as investment products, experts said Monday, volatility risks notwithstanding.
The U.S. Securities and Exchange Commission on Monday said it had shut down a $15 million initial coin offering for a California-based online food review company because the digital tokens being sold to investors had not been registered with the commission.
Holiday parties are supposed to be a chance to cut loose at the end of the year and celebrate the successes that came along the way, but this season employers are worried these traditionally boozy bashes could land them on the growing list of companies accused of letting workers behave badly, attorneys say.
The U.S. Supreme Court said Monday it will not hear an appeal from an attorney convicted of fraudulently inflating a medical device company’s stock by drafting press releases about nonexistent purchase orders.
Clarissa Cerda, GC of voice technology security company Pindrop, shared with Law360 what she's most excited for in 2018 and her thoughts on alternative billing arrangements.
The U.S. Supreme Court refused on Monday to review a California appellate court decision that claims under the state's Private Attorneys General Act cannot be arbitrated, effectively rejecting arguments that the Federal Arbitration Act preempted state labor laws like PAGA that disfavor arbitration.
The U.S. Supreme Court on Monday declined to review an Eleventh Circuit ruling affirming dismissal of a lesbian security guard’s allegations that a Georgia hospital violated Title VII by effectively firing her over her sexuality, leaving in place a circuit split over whether federal law bars discrimination against gay workers.
Law360's MVP award goes to attorneys who have distinguished themselves from their peers in litigation, deals and other complex matters. Find the MVPs at your firm here.
The elite slate of attorneys chosen as Law360’s 2017 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.
After reports surfaced claiming Ninth Circuit Judge Alex Kozinski had showed female clerks pornography and engaged in other misconduct, the high-profile jurist told Law360 on Friday it was “regrettable” if he had offended any of his staffers.
The U.S. Supreme Court on Friday granted certiorari to fertilizer manufacturer China Agritech Inc. in an appeal that will determine whether the American Pipe decision allows new named plaintiffs to borrow statute of limitations tolling from prior failed suits in which they were unnamed class members.
The Federal Communications Commission's general counsel said Thursday the FCC must "respectfully decline" New York Attorney General Eric Schneiderman's request for information related to comments posted online in the net neutrality rollback proceeding, emphasizing that the commission doesn't solely rely on the comments to make its decisions.
The Federal Trade Commission is set to consider when a breach of consumers’ data becomes an “injury,” at a workshop companies and privacy hawks are watching for clues on what kinds of data breach lawsuits the agency will bring going forward.
Litigation funding in Canada has dramatically shifted since its original introduction, notably with the expansion to commercial cases and the development of portfolio financing. This has provided access to justice for clients who may not have been approved for single-case financing, and also helps law firms and lawyers differentiate themselves from competitors, says Lincoln Caylor of Bennett Jones LLP.
The U.S. agencies’ increasing coordination with their foreign partners has led to more potent Foreign Corrupt Practices Act investigations — in terms of both their scope and settlement cost, say Patrick Stokes, former chief of the FCPA Unit at the U.S. Department of Justice, and Zachariah Lloyd of Gibson Dunn & Crutcher LLP.
Under one view, large-scale mergers like the one proposed between CVS and Aetna are fine so long as they don’t restrict consumer choices and stifle innovation. But from another view, “bigness” can be an evil in its own right, says Randy Gordon of Crowe & Dunlevy PC.
While many U.S. companies have already begun work on complying with the General Data Protection Regulation, it has such a long reach that it may encompass many organizations that would not ordinarily expect to be subject to European data privacy laws, say attorneys at Gibson Dunn & Crutcher LLP.
Gary Ford's new book, "Constance Baker Motley: One Woman’s Fight for Civil Rights and Equal Justice Under Law," is more than a biography of the first African-American woman to become a federal judge. It presents in vivid detail how her work altered the legal landscape of the United States, says U.S. District Judge Marcia Cooke of the Southern District of Florida.
Google’s status as a go-to research tool has transformed legal research habits, leading critics to view law libraries as cost centers. Law firms should embrace Google-style research tools and manage costs efficiently in order to position their libraries as valuable assets for years to come, says Donna Terjesen of HBR Consulting.
Millennials are now the largest living generation and comprise one-third of jurors. While it is impossible to generalize a group so large and diverse, trial lawyers should be mindful of certain generational differences, say baby boomer Lee Hollis and millennial Zachary Martin of Lightfoot Franklin & White LLC.
There have been many articles on the corporate monitor selection process, but you will find little guidance on how to prepare yourself for a job that has few parallels. There are three key lessons I have learned over the course of a Foreign Corrupt Practices Act monitorship still in progress, says Gil Soffer of Katten Muchin Rosenman LLP.
A California federal judge recently greenlighted the bulk of a derivative suit over Wells Fargo’s sales practices, reminding directors that they must be especially sensitive when allegations of misconduct come to their attention, say attorneys with Paul Weiss Rifkind Wharton & Garrison LLP.
With the current spotlight on pay equity, prudent employers conduct proactive pay equity studies to identify and remedy potential problems. However, there is little regulatory or professional guidance to address the issue of what to do after identifying unexplained pay differences, say consultants at DCI Consulting Group.