Vannin Capital said Friday it will be bought by funds managed by Fortress Investment Group LLC for an undisclosed amount, nearly a year after the litigation funder postponed plans to go public in London.
Jobs in the legal services sector increased by 4,100 in August, reaching a decade-high of just under 1.15 million, according to data released Friday by the U.S. Department of Labor's Bureau of Labor Statistics.
A Washington, D.C., federal judge on Friday granted Jones Day's motion to strike an expanded complaint in a suit alleging the law firm discriminates against women, ruling it was improperly filed, though he'll let the two sides argue the merits of allowing the amended pleadings.
Arguing that a basic tenet of federalism is at stake, Delaware Gov. John Carney has asked the U.S. Supreme Court to reverse the Third Circuit's rejection of a requirement that applicants for three top Delaware state courts be registered Democrats or Republicans.
A federal judge affirmed the former general counsel of the Houston Housing Authority's jury trial win on claims she was fired for reporting possible fraud, and the top financial regulator in New York authorized the first-ever regulated gold-backed cryptocurrency. These are some of the stories in corporate legal news you may have missed in the past week.
So far, top corporate lawyers have mostly been left out of the recent wave of lawsuits against companies with possible ties to the nationwide deadly opioid drug crisis, but experts warn that executives — including general counsel — could become targets in the future.
Battling boiled up again Thursday over the Delaware Chancery Court-ordered sale of translation technology company TransPerfect Global Inc. that sparked an unrelenting resistance campaign from its co-founder Philip R. Shawe, with a company-aligned advocacy group announcing plans to stump for changes to the nationally known court's practices, disclosures and oversight.
Every last judicial vacancy will be filled by the end of President Donald Trump’s first term, Senate Majority Leader Mitch McConnell, R-Ky., pledged this week, projecting confidence in his party’s ability to completely transform the federal bench.
Nasdaq's current general counsel for North America and chief regulatory officer will become its global general counsel, as the attorney currently in that slot moves into the role of vice chair, the stock exchange announced Thursday.
Judges don't necessarily have to disqualify themselves if they are friends with an attorney or party in a case, but they must recuse themselves if they have a “close personal relationship,” according to an opinion released Thursday by an American Bar Association committee.
Zuckerman Spaeder LLP clinched a spot on the legal lions list this week with a jury verdict clearing client Gregory Craig of lying to the government, while Dowd Bennett LLP ended up among the legal lambs after a judge banned client Anheuser-Busch's "no corn syrup" packaging.
Fox Rothschild is the latest law firm to pick up attorneys from the dissolving LeClairRyan, announcing it has added six lawyers to three of its offices.
The government's failure to convict ex-Skadden partner Gregory Craig reflected both the challenge the Justice Department faced making its technical case resonate with the jury and the effectiveness of the former White House counsel when he took the stand to defend himself against allegations he lied about his work for the Ukrainian government.
Clark Hill PLC has combined with Las Vegas litigation boutique Gentile Cristalli Miller Armeni Savarese, adding four attorneys as members, the firm announced on Wednesday.
BigLaw heavyweight Jones Day doubled down Wednesday on its contention that former associates suing it for systemic gender discrimination improperly revised their complaint, rebutting the women’s argument from a day earlier that they updated their claims in line with procedural rules.
An attorney for Huawei told a New York federal judge Wednesday that prosecutors' bid to disqualify a former deputy attorney general from representing the company in a criminal bank-fraud case is part of a broader agenda the government has against Huawei.
Michael B. Ray has served as managing director of midsize intellectual property law firm Sterne Kessler Goldstein & Fox for the last 12 years. Here, he discusses his goals for the 40-year-old law firm and the traits he values most in a firm partner.
A New Jersey judge struck the entire closing argument of a Johnson & Johnson attorney who told a jury Wednesday that “lawsuit fiction” dominated claims by four mesothelioma victims, giving the Weil Gotshal partner a stern rebuke about her conduct.
Meal kit delivery service Blue Apron has tapped a former Fried Frank special counsel to lead its legal department, according to a Wednesday announcement.
A D.C. federal jury needed little more than four hours Wednesday to clear ex-Skadden partner Gregory Craig of a criminal charge of lying to justice officials to cover up his role in a media “seeding” plan designed to aid Ukrainian officials.
Estee Lauder has hired a seasoned general counsel to serve as its next top lawyer, according to a Wednesday announcement, two months after the company promoted its former legal head to the new position of vice chairman.
Canadian legal technology company Clio said Wednesday it nabbed $250 million from growth equity firms TCV and JMI Equity in a Series D round that Clio said was one of the largest growth investments in the legal technology space.
A D.C. federal jury should "salvage" a stellar legal reputation built over five decades at the top of BigLaw and through two stints as an adviser to U.S. presidents, a lawyer for ex-Skadden partner Gregory Craig said Tuesday.
A shifting macroeconomic climate played a role in the unraveling of merger talks between the U.K.'s Allen & Overy and U.S.-based O'Melveny & Myers, sources say, but cross-border merger talks between large law firms are often doomed from the get-go, according to legal industry pundits.
Female ex-associates who called legal powerhouse Jones Day's compensation system a "black box" that lets gender bias run rampant haven't been able to zero in on a specific employment practice that hurts women, Jones Day told a D.C. federal court on Tuesday.
When I was growing up, my mother was always the more mild-mannered parent. But during a trans-Atlantic phone call in 1991, when I told her I wanted to go to culinary school instead of law school, she started yelling — at a volume I had never heard from her, says Jason Brookner of Gray Reed.
There are a few practical, proactive steps law firms can take to create a mentoring program that pays dividends — instead of creating a mediocre program that both parties see as an obligation, says Kate Sheikh of Major Lindsey & Africa.
The U.S. District Court for the Eastern District of Virginia “rocket docket” is still the fastest federal civil trial court in the country despite some recent trends causing its median time to trial to grow to 13.2 months, says Robert Tata of Hunton.
Most legal marketers struggle to show the return on investment of their social media efforts, but establishing and answering several key questions can help demonstrate exactly how social media programs contribute to a law firm's bottom line, say Guy Alvarez of Good2bSocial and communications consultant Tom Orewyler.
A recent survey of millennial attorneys shows men and women are having very different BigLaw experiences, but share similar goals. It's imperative that partners recognize that they’re the ones in a position to change the culture, says Michelle Fivel of Major Lindsey.
Once you've chosen a strategy for your law firm, what tactics will promote success? There are three tactical areas important to all firms, regardless of specialty or size, but particularly critical for today’s niche firms, say Yussuf Aleem and Jacob Slowik of Joseph Aleem.
What lessons can the various hands, maesters, council members and other advisers in "Game of Thrones" impart to real-life lawyers? Quite a few, if we assume that the Model Rules of Professional Conduct were adopted by the Seven Kingdoms, says Edward Reich of Dentons.
There are a number of ways that attorneys can ensure their summer associates successfully manage critical writing assignments and new types of professional interactions, says Julie Schrager of Schiff Hardin.
Today’s law firm leaders are pretty good at developing a strategic vision for the enterprise, but there is often a disconnect between that road map and the marketing department’s rank and file, leading to a deliverable that does little to differentiate the firm, says José Cunningham, a legal industry consultant.
As voice-activated digital assistants become more popular, attorneys who use such technology in their offices must keep abreast of evolving standards of reasonable care in protecting confidential client information, say Brenda Dorsett of the New York State Bar Association Professional Ethics Committee and Barry Temkin of Mound Cotton.
Over a dozen major law firms have joined our effort to overcome the legal obstacles that states, cities and businesses face in fighting climate change. But more lawyers are needed, say Michael Gerrard of Columbia Law School and John Dernbach of Widener University Commonwealth Law School.
In this monthly series, legal recruiting experts from Major Lindsey & Africa interview legal industry leaders about the increasingly competitive business environment. Here, Rod Osborne talks with Gary Tully, head of legal operations at Gilead Sciences.
My mother's connection to her Native American heritage had a major influence on my career — my decision to enter the legal profession was driven by the desire to return to my tribal community and help it in any way I could, says Jason Hauter of Akin Gump.
Retired U.S. Supreme Court Justice John Paul Stevens' new book, "The Making of a Justice," is required reading for anyone interested in 20th and 21st century America, says Seventh Circuit Chief Judge Diane Wood.
If a client does not demand the application of project management techniques at the start of a matter, or a law firm does not routinely apply them, it is highly likely that additional, avoidable work — legal project management debt — will materialize throughout the matter, says Anthony Widdop of Shearman & Sterling.