Top News

  • February 27, 2017

    Wal-Mart, Mexican Unit Get Shareholder Bribery Suit Tossed

    Wal-Mart Stores Inc. beat back a lawsuit from shareholders who accused the retail giant of breaking securities laws by turning a blind eye to bribery and corruption at its Mexican subsidiary, with a New York federal judge concluding Monday that the allegations came too late or failed to show deceptive intent.

  • February 27, 2017

    Justices Won't Hear 'Fast & Furious' Victim's Remedy Bid

    The U.S. Supreme Court on Monday declined to consider a petition from the relatives of a federal agent killed as part of the notorious “Operation Fast and Furious” that challenged the Ninth Circuit’s holding that agents may not sue federal officials under a so-called Bivens remedy for alleged Fifth Amendment rights violations.

  • February 27, 2017

    Supreme Court Won't Hear 'Flanax' Foreign Trademark Case

    The U.S. Supreme Court said Monday it would not review a ruling that German drugmaker Bayer AG could file an American trademark lawsuit over a foreign brand name that it had never used in the U.S. market.

  • February 27, 2017

    New Antitrust Snag Trips Up LSEG, Deutsche Börse Merger

    Plans to create Europe's largest stock exchange with the £24 billion ($30.1 billion) merger between the London Stock Exchange Group PLC and Deutsche Börse AG teetered on the brink after the U.K. exchange said late Sunday it couldn't sell a key Italian subsidiary to allay antitrust concerns in time for a Monday deadline. 

  • February 24, 2017

    Citigroup Confirms SEC Probe Over Foreign Hiring Practices

    Citigroup Inc. revealed Friday that it is under investigation for foreign government referral hiring practices in connection with the Foreign Corrupt Practices Act, in what appears to be part of an ongoing enforcement sweep targeting Asian investment banks.

  • February 24, 2017

    After Rare Mandamus Order, Google Patent Case Leaves Texas

    A Texas federal judge on Friday transferred a patent case against Google Inc. to California court after the Federal Circuit granted a rare writ of mandamus a day earlier, finding in a split decision that the initial ruling had unfairly weighted the transfer factors against the technology giant.

  • February 24, 2017

    Acting SEC Chair Sets Sights On Disclosure 'Avalanche'

    Acting U.S. Securities and Exchange Commission Chair Michael Piwowar said Friday that the agency should focus on what he called the “forgotten investor” and take a second look at policies like disclosure requirements, high corporate penalties and accreditation rules he says have adversely impacted investors.

  • February 24, 2017

    Google Strikes $22M Deal To End AdWords 'Dead Sites' Action

    Google Inc. struck a $22.5 million settlement with a proposed class of advertisers who claim the tech giant placed their purchased ads on unused or inactive websites, bringing an end to a nearly nine-years-long litigation in California federal court, according to a Thursday court filing.

  • February 24, 2017

    4th Circ. Won't Take New Look At Ex-Massey CEO’s Conviction

    The Fourth Circuit refused Friday to rehear former Massey Energy Co. CEO Don Blankenship’s appeal of his conviction for conspiring to violate mine safety laws before a 2010 coal mine explosion that killed 29 people, declining to re-examine claims that that the jury was given faulty instructions.

  • February 24, 2017

    Trans Student To Push Forward In High Court Bathroom Fight

    Counsel for the transgender student challenging a policy barring him from using the boys’ bathroom at his high school said Friday he intends to push forward with his case in the U.S. Supreme Court after the high court asked both sides how they wanted to proceed.

  • February 24, 2017

    Lehman Brokerage Trustee Seeks OK For $228M Distribution

    Lawyers handling claims brought by creditors of Lehman Brothers Inc., the failed investment bank’s broker-dealer unit, asked a New York bankruptcy court on Friday to approve as much as $228 million in new distributions to unsecured creditors, saying asset sales and cost reductions had freed up more funds.

  • February 24, 2017

    RJR Gets New Trial In Engle Case Where Jury Awarded $23B

    R.J. Reynolds won a request Friday for a new trial in an Engle progeny suit where a jury originally awarded $23.6 billion in punitive damages, as a Florida appeals court said the plaintiff's closing arguments crossed proper boundaries "repeatedly, flagrantly, and often in defiance of the trial court’s admonishments."

  • February 24, 2017

    New Exxon CEO Makes Case For US Carbon Tax

    The new chairman and CEO of ExxonMobil Corp. on Thursday reaffirmed his company's support of a U.S. carbon tax, calling it an effective way to tackle climate change without significantly harming the economy.

  • February 24, 2017

    Trump Orders Agencies To Create Deregulation Task Forces

    Flanked by some of the nation’s top manufacturing executives, President Donald Trump signed an executive order Friday directing federal agencies to create task forces to identify burdensome regulations ready for the chopping block, promising the end of “an impossible situation” for U.S. companies and new economic growth.

  • February 23, 2017

    Google's Driverless Car Unit Accuses Uber Of IP Theft

    Google's self-driving car unit Waymo LLC filed a lawsuit in California federal court Thursday accusing Uber Technologies Inc. of stealing trade secrets and infringing patents over its proprietary laser system used to help guide driverless vehicles.

  • February 23, 2017

    Ex-Fugitive Comverse CEO Gets Prison For Options Scam

    The former chairman and CEO of Comverse Technology Inc. on Thursday was sentenced to a record two-and-a-half years in prison for backdating the telecommunication software company's stock options, after a 10-year stretch on the lam in Africa.

  • February 23, 2017

    Tilton, Patriarch Fail To Shake $45M Fraud Suit

    A New York state appeals court on Thursday affirmed a decision that left a fraud claim by a German bank in play against Lynn Tilton and her investment firm Patriarch Partners LLC, saying early signs that the funds in question were not what they appeared didn’t start the clock on the statute of limitations.

  • February 23, 2017

    BigLaw Partners Uneasy About Trump Judiciary Comments

    Members of the legal community including partners at several BigLaw firms on Thursday expressed concern over statements made by President Donald Trump toward federal judges and courts in the aftermath of an order temporarily blocking his immigration ban from seven Muslim-majority countries, saying the remarks could have “grave consequences.”

  • February 23, 2017

    Ex-Valeant, Philidor Execs Deny $40M Kickback Scheme

    Ex-Valeant Pharmaceuticals International Inc. executive Gary Tanner and former Philidor Rx Services LLC CEO Andrew Davenport on Thursday in Manhattan federal court denied charges that they participated in a $40 million merger fraud and kickback scheme.

  • February 23, 2017

    VW Exec Pleads Not Guilty To Emissions Scandal Charges

    A Volkswagen executive — arrested in Miami last month in connection with the automaker’s emissions scandal — on Thursday pled not guilty to charges of conspiracy to defraud the United States, alleged violations of the Clean Air Act and wire fraud in Michigan federal court, according to court officials.

Expert Analysis

  • How A General Counsel Should Think About AI: Part 2

    Bruce J. Heiman

    General counsels face the challenging task of understanding how companies can navigate the rules surrounding uses of artificial intelligence. To get smart on AI, general counsels must ask the right questions about areas such as human resources, intellectual property, liability and insurance, say Bruce Heiman and Elana Reman of K&L Gates LLP.

  • How A General Counsel Should Think About AI: Part 1

    Bruce J. Heiman

    Though the Trump administration has yet to make an official statement regarding artificial intelligence, support for AI is consistent with its expressed desire to promote American business. As such, general counsel will inevitably have to navigate what big data and AI mean for compliance with current and future laws and regulations, say Bruce Heiman and Elana Reman of K&L Gates LLP.

  • Saving Lawyers 1 Less Drink At A Time

    Jennifer Gibbs

    Lawyers are likely turning to alcohol to lessen stress and anxiety, to socialize, and even to sleep better. Unfortunately, many are unaware that their nightly pour could be causing or exacerbating the anxiety that is plaguing the legal profession, says Jennifer Gibbs of Zelle LLP.

  • Marketing Basics For Solo Practitioners And Small Law Firms

    Matthew Horn

    There is no question that solo practitioners and small law firms need to spend the majority of time on legal work, but in order to achieve sustainable growth, marketing should not be a secondary task “put-off” until you have some free time, says Matthew Horn, founder of Legal Services Link LLC.

  • 2017 Check-Up: Is Your Law Firm Positioned For Success?

    William G. Johnston

    Over the next few weeks, a slow trickle of news about one measure of law firm success — law firm financial results — will gradually become a flood as more firms open up about their performance in 2016. Law firm leaders would be wise to focus on nine factors that determine success, says law firm management consultant William Johnston.

  • Opinion

    Love And Law In The Age Of Trump

    Kevin Curnin

    Love is not a subject that lawyers typically devote themselves to professionally. But as we witness this historic transition to a new administration, lawyers in particular are reminded that love is tied, however imperfectly, to our cherished founding ideals, says Kevin Curnin, president of the Association of Pro Bono Counsel.

  • The State Of The Litigation Finance Industry In 2017

    Christopher P. Bogart

    In the United States, the number of lawyers whose firms have used litigation finance has quadrupled since 2013. Even so, too many remain poorly informed, leaving them at a competitive disadvantage and prone to oddly persistent “alternative facts” about litigation finance, says Christopher Bogart, CEO of Burford Capital.

  • 6 Ways To Get More From A Limited Budget For Trial Graphics

    Marti-Martin-Robinson.jpg

    With so many possibilities and variables, it can be difficult to adhere to a strict graphics budget when preparing effective visuals for trial. There are several things you can do to limit the cost of your visuals without sacrificing quality, says Marti Martin Robinson of Litigation Insights Inc.

  • Attracting And Retaining The Millennial Lawyer

    Christopher Imperiale

    Instead of trying to change the new workforce to follow a law firm's existing processes and procedures, perhaps it's time for firms to start changing their processes and procedures to better accommodate the mentality of this next generation of lawyers, says Christopher Imperiale, a law firm adviser with Berdon LLP.

  • It’s Time To Change The Law Firm Business Model

    Lucia Chiocchio

    Every year, statistics reveal very little change in the number of women and minorities in the ranks of partnership. So how do law firms change this painfully slow rate of progress? It takes more than adding a diversity policy or a women’s leadership program to the current law firm business model, says Lucia Chiocchio, co-chair of Cuddy & Feder LLP's telecommunications and land use, zoning & development groups.