Top News

  • January 17, 2017

    McKesson Gets $150M DOJ Fine For Ignoring Sketchy Orders

    McKesson Corp. has agreed to pay a record $150 million penalty to settle U.S. Department of Justice allegations that the pharmaceutical drug distribution giant violated the Controlled Substances Act by filling millions of orders for drugs, including highly addictive opioids, without sufficient anti-abuse safeguards, the department announced Tuesday.

  • January 17, 2017

    'Apprentice' Contestant Hits Trump With Defamation Suit

    A former “The Apprentice” contestant who publicly accused Donald Trump of having made unwanted sexual advances toward her filed a defamation lawsuit against the president-elect in New York court Tuesday for asserting in Twitter posts and campaign rallies that she concocted the allegations.

  • January 17, 2017

    Obama Commutes Chelsea Manning's Prison Sentence

    President Barack Obama on Tuesday commuted the sentence of Chelsea Manning, the soldier convicted of leaking a trove of classified information to the website WikiLeaks, according to media reports. 

  • January 17, 2017

    2nd Circ. Says EDMC Restructuring Did Not Violate Bond Law

    The Second Circuit on Tuesday overturned a federal district judge’s finding that a $1.5 billion out-of-court restructuring proposed by for-profit college operator Education Management Corp. violated a Depression-era law meant to protect bondholders, saying the payment terms governing the bonds at issue were not modified.

  • January 17, 2017

    Rolls-Royce Cops To Global Bribery Scheme, Pays $800M

    Aircraft engine manufacturer Rolls-Royce agreed to pay authorities from the U.S., U.K. and Brazil over $800 million to end bribery and corruption allegations from across the globe, the U.S. Department of Justice said on Tuesday.

  • January 17, 2017

    FTC Sues Qualcomm Over Standard-Essential Patent Licenses

    The Federal Trade Commission accused Qualcomm on Tuesday of using its dominance over the sale of semiconductors for mobile devices to wrangle higher royalties and anti-competitive licensing terms from cellphone makers for its standard-essential patents.

  • January 17, 2017

    Zuckerberg Blasts Claims Oculus Based On Stolen Tech

    Facebook CEO Mark Zuckerberg on Tuesday told a Texas federal jury the company had investigated a video game developer's $2 billion claim that its popular Oculus virtual reality platform was built on stolen technology and concluded those claims were false.

  • January 17, 2017

    Dewey Execs Blast DA's Bid To Limit Star Witness Questions

    Two former Dewey & LeBoeuf LLP executives have shot back at a bid by the Manhattan district attorney’s office to limit cross-examination of a cooperating witness in the upcoming retrial over alleged accounting fraud, saying they have a right to explore whether the witness is “shading his testimony to curry favor.” 

  • January 17, 2017

    Caesars Wins Bankruptcy Plan Approval

    An Illinois federal judge on Tuesday signed off on a plan that lifts Caesars’ underwater operating unit out of Chapter 11 bankruptcy two years after the subsidiary filed for the court’s protection, saying it couldn’t keep up with its $18 billion in debt.

  • January 17, 2017

    Supreme Court Rejects Banks’ Appeal In Libor Rigging Suit

    The U.S. Supreme Court on Tuesday rejected a bid by banks seeking to shut down an antitrust lawsuit from investors alleging widespread rigging of a key benchmark interest rate that a lower court had earlier brought back to life.

  • January 17, 2017

    British American Tobacco Wins Over Reynolds With $49B Deal

    British American Tobacco plc won over U.S. tobacco company Reynolds American Inc. with a $49 billion takeover offer, paving the way to unite cigarette brands Newport, Kent and Pall Mall and create a top contender in the global tobacco market.

  • January 16, 2017

    Essilor, Luxottica Ink Deal To Form $49B Eyewear Giant

    France-based Essilor will merge with Italy’s Luxottica, the owner of Ray-Ban and Oakley, in an all-stock deal that stands to create a $49 billion eyewear giant with strengths in both production and distribution, according to a Monday announcement.

  • January 13, 2017

    Moody's To Pay $864M To US, States Over Crisis-Era Conduct

    Moody’s Corp. said Friday it has agreed to pay $864 million in a settlement with the U.S. Department of Justice and 21 states over the ratings agency’s work on residential mortgage backed securities and other products whose crashes led to the financial crisis.

  • January 13, 2017

    Dewey Execs Trying To Mislead Jury, Prosecutors Say

    The Manhattan district attorney’s office pushed back Friday at requests by attorneys for two former Dewey & LeBoeuf LLP executives for wide latitude in their cross-examination of the star cooperating witness in the upcoming retrial over alleged accounting fraud at the defunct law firm, saying the defense aims to mislead the upcoming jury.

  • January 13, 2017

    Justices Agree To Define What Statements Can Nix Citizenship

    The U.S. Supreme Court agreed Friday to hear a case that challenges whether naturalized U.S. citizens may be stripped of their citizenship in criminal proceedings based on immaterial false statements they made when applying for naturalization.

  • January 13, 2017

    SEC Fines Morgan Stanley $13M For Overcharging Fees

    A Morgan Stanley investment advisement subsidiary on Friday agreed to dole out $13 million to end the U.S. Securities and Exchange Commission’s allegations that it charged about 150,000 clients inadvertently heightened advisory fees due to billing system and administrative errors.

  • January 13, 2017

    Congress Passes 1st Step To Repeal ACA

    Congress passed the bill that would frame the repeal of the Affordable Care Act on Friday, after the House voted through a measure that would let Republicans undo President Barack Obama's signature health care law down the road without any Democratic votes.

  • January 13, 2017

    High Court To Review 6th Circ.'s Water Rule Jurisdiction

    The U.S. Supreme Court on Friday agreed to review the Sixth Circuit’s finding that it has jurisdiction to hear challenges to the U.S. Environmental Protection Agency and Army Corps of Engineers’ controversial Clean Water Rule.

  • January 13, 2017

    High Court Will Resolve Class Action Waiver Battle

    The U.S. Supreme Court on Friday agreed to consider whether the National Labor Relations Board is correct in its interpretation that arbitration agreements are illegal under federal labor law if they contain class action waivers, setting the stage for a showdown on an issue that has divided circuit courts.

  • January 13, 2017

    Supreme Court To Review Limitations On SEC Disgorgement

    The U.S. Supreme Court agreed Friday to review whether the U.S. Securities and Exchange Commission is subject to time limits when seeking ill-gotten gains, taking up a New Mexico investment adviser’s appeal of an issue that has split the circuits.

Expert Analysis

  • Avoiding The Hidden Costs Of Bargain-Priced E-Discovery

    Michael Cousino

    Many organizations are interested in finding electronic discovery partners who offer tantalizingly low prices for electronic discovery services. However, unforeseen gaps, lax security practices, ignorance of global practices and delayed deliverables can all add up to a surprisingly large final cost, says Michael Cousino of Epiq Systems.

  • Saving Lawyers 1 Breath At A Time: Mindfulness In The Law

    Jennifer Gibbs

    As critical as lawyers are to society, they are reported to be the most frequently depressed occupational group in the United States. In response to the inherently stressful nature of the practice of law, more and more lawyers are turning to an ancient contemplative practice called “mindfulness,” says Jennifer Gibbs of Zelle LLP.

  • Understanding How Blockchain Could Impact Legal Industry

    R. Douglas Vaughn

    Blockchain is essentially a computerized public ledger that can apply to almost anything that a person might save into a database or spreadsheet. This versatile technology may enhance the legal industry by providing an improved record keeping system, setting up "smart contracts" and tracking intellectual property and land records, say R. Douglas Vaughn and Anna Outzen of Deutsch Kerrigan LLP.

  • 7 Legal Industry Predictions For 2017

    Haley Altman

    Since 2008, the legal relationship dynamic has consistently evolved, leading clients to demand more "value" for services received. In 2017, investment in and adoption of new technology and prioritizing cybersecurity will lead to an increase in billable hours and shifts in realization rates, says Haley Altman of Doxly.

  • 5 Ways To Fight Costlier Legal Malpractice Claims In 2017

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    There are a number of concrete, practical steps that law firms can take to address the high cost of defending legal malpractice claims, both before and after a claim is made, says Richard Simpson, a partner with Wiley Rein LLP who serves on the ABA Standing Committee on Lawyers’ Professional Liability.

  • The Path To The California Bench

    Judge George F. Bird

    Ever consider applying for a judicial appointment in California? Get the lay of the land from Judge George Bird of the Los Angeles Superior Court and Kimberly Knill, a senior appellate court attorney for the California Court of Appeal. Additionally, hear what several recent appointees to the LA Superior Court thought of the judicial selection process.

  • 3 Tips To Avoid Being On The Outs With In-House Counsel

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    When trial lawyers fail to recognize the unique challenges faced by in-house counsel, it jeopardizes not only the outcome of the case, but also the opportunities for future representation. These few simple strategies are hardly rocket science, but they are too often neglected, says Matthew Whitley
 of Beck Redden LLP.

  • The Horrible Conflict Between Biology And Women Attorneys

    Anusia Gillespie

    Women leave law firms for many of the same reasons men do, but also face challenges including headwinds with respect to assignment delegation and social outings, as well as potential disruptions if they choose to have children. Firms can increase investment in talent management and improve retention and engagement of women attorneys, says Anusia Gillespie of Banava Consulting.

  • Managing Intergenerational Differences Within Your Law Firm

    Najmeh Mahmoudjafari

    We are privileged to be part of an employment market that hosts employees from various generations. While “differences” may imply inherent conflict, intergenerational differences can actually be used to an advantage for organizations — especially law firms, say Najmeh Mahmoudjafari, founder of ImmigraTrust Law, and William Martucci of Shook Hardy & Bacon LLP.

  • How Law Firms Are Using Analytics To Reduce Write-Offs

    Haley Altman

    It is increasingly necessary for law firms to implement strategies to improve efficiency, staffing and value to meet client needs. Haley Altman, CEO and co-founder of Doxly Inc., discusses how to successfully leverage analytical tools and emerging technology to increase profitability.