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A study of litigation funding markets was forced to leave important questions unanswered because of "data gaps," highlighting the need for additional information from stakeholders, a government watchdog said.
A Chicago lawyer who represented a cryptocurrency trader for EmpiresX was hit with a suit Thursday from investors in the purported hedge fund embroiled in a $40 million crypto scheme, claiming that the attorney convinced his client not to provide key information about where his co-conspirators in the scheme had fled.
Cornelius Grossmann, EY's global law leader, has been busy lately setting up the structure that his legal group will take once it has split away from the Big Four auditing firm. It is a vision that could change the shape of legal services around the world.
Brian J. Virag's name doesn't even appear on the homepage of his firm's website. Instead, in block letters alongside a cartoon rendering of the California-based attorney, he identifies himself using the professional moniker he's chosen to brand his highly specialized practice: My Bed Bug Lawyer.
The legal news keeps rolling in as the second half of January continues, with firms expanding their footprints through mergers and sizable group hires, and hiring prominent former government officials to strengthen their practice areas. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Senior trial attorney Jimmy K. Goodman is winding down his practice at Crowe & Dunlevy, but he's keeping busy in his new role as president of the American Bar Foundation. Goodman talked to Law360 Pulse this week on his goals for the ABF.
A Florida federal judge on Thursday sanctioned former President Donald Trump and his lead attorney Alina Habba nearly $1 million in Trump's racketeering lawsuit against Hillary Clinton for what the judge called a "pattern of misuse of the courts."
The U.S. Securities and Exchange Commission on Thursday accused a practicing New Jersey attorney and a disbarred Florida attorney of scamming an older couple out of $150,000 of their retirement funds, according to a complaint filed in California federal court.
Beck Redden LLP has asked a Texas federal judge to toss a $36 million damages suit brought against it by a disbarred attorney and former client, telling the judge that his allegations aren't specific enough to hold up in federal court.
Investment management boutique firm Cole-Frieman & Mallon LLP is launching a cybersecurity law practice and bringing back a former partner and cybersecurity expert to head it.
A family that lost millions in Girardi Keese's embezzlement scandal has filed a $1.8 million malpractice suit against a law firm the family had hired to get back their money, saying the firm used the family as a pawn in a scheme to scavenge Girardi Keese's most valuable cases.
A law firm in Greenwich, Connecticut, is seeking a preliminary injunction against a former independent contractor in federal court, claiming he is still using proprietary information he allegedly stole for his competing legal consulting business to poach clients.
A New York appeals court has unsealed and upheld sanctions against a Long Island ADA attorney whose series of misleading and fabricated legal claims led to her license to practice in New York's Eastern District being suspended for six months.
Chipotle has accused an attorney of unethically using his daughter to solicit her friends to attempt to entrap the burrito chain into failing to return exact change during a nationwide coin shortage caused by the COVID-19 pandemic, saying his firm shouldn't serve as class counsel in the suit.
An Atlanta-area attorney awarded $1.15 million over unpaid work for an airport travel spa operator has asked that the spa operator pay at least $145,977 in attorney fees and expenses, arguing that those fees were incurred because the spa operator denied, among other things, that it had hired the lawyer.
A Chicago federal jury Thursday found an Illinois lawyer guilty of insider trading when he invested in online education company Chegg Inc. within an hour of speaking with a college friend who worked for the company and had just gotten a preview of earnings information.
Younger attorneys expect employers to be upfront about progression in their career path, and are seeking flexibility in moving up the ranks at a firm, according to a recent panel discussion held by the Managing Partner Forum.
An experienced trial attorney has joined BakerHostetler as a partner in Houston after more than 13 years at the boutique litigation firm Smyser Kaplan & Veselka LLP.
The Second Circuit did not appear tempted Thursday to disturb a jury verdict convicting disgraced lawyer Michael Avenatti of trying to extort over $20 million from Nike Inc. under the guise of settlement negotiations on behalf of an allegedly wronged California youth basketball client.
Courts should embrace remote proceedings to improve access to justice in rural communities because participants don't have to drive hours to a courthouse, take time off work or arrange child care, according to a virtual panel hosted by the National Center for State Courts.
Erika Girardi on Wednesday accused Abir Cohen Treyzon Salo LLP of concealing serious conflicts of interest to represent the bankruptcy trustee for her husband, disbarred lawyer Tom Girardi, urging the judge overseeing the case to fire the law firm and alert federal prosecutors.
Author, law professor and international legal news contributor Kimberly Wehle has added one more job title to her resume, joining the 12-attorney team at Levy Firestone Muse LLP.
The Georgia Supreme Court has rejected as too lenient a proposed six-month license suspension of a criminal defense attorney, saying Wednesday that the lawyer may have committed witness intimidation when he made an unauthorized jail visit to a man who had agreed to testify against his client in a gang-related homicide.
Two attorneys accused of concocting a scheme to push bogus asylum bids are changing their pleas to guilty, according to a set of orders Tuesday.
Ethnic and gender diversity at the top 200 U.S. law firms ticked up in 2022, and that momentum is unlikely to slow despite the current economic uncertainty, with industry experts anticipating firms will pick up more diverse hires in 2023.