In a notable event in legal circles, the dispute between the Securities and Exchange Commission (SEC) and the Chamber of Commerce has taken another turn. A Fifth Circuit Court of Appeals panel has rejected the SEC’s request for additional time to provide substantive evidence supporting its new share repurchase disclosure rules. The panel’s decisions echo…
Leading law firm Kirkland & Ellis, known as the world’s richest, has announced raises for its associates. With a gross revenue exceeding $6.5 billion in the previous year, Kirkland & Ellis continues to compete with other major firms globally in terms of associate compensation. Details about the bonus structure were not included in the announcement,…
The compensation wave continues to roll through big law firms. With the latest announcement from Mayer Brown, ranked 12th in the nation, associates are set to notch up sizeable raises and bonuses. The firm’s willingness to spread its $1.858 billion gross revenue from 2022 among its hard-working legal minds isn’t surprising, considering its notable stature…
In October, a significant policy adjustment at the U.S. Justice Department garnered attention in the legal world. Deputy attorney general Lisa Monaco announced a new leniency policy for corporations that uncover and report compliance violations during mergers and acquisitions. This policy has far-reaching implications for corporations and law firms alike. The practicality and value of…
In a precedential final written decision, the Patent Trial & Appeal Board positioned that a patent does not have to possess a claim that is supported by a provisional application’s disclosure in order to raise priority to that provisional for prior art purposes after the implementation of the America Invents Act (AIA). This crucial decision…
In a heated proceeding, Senate Democrats have exercised their authority to approve subpoenas for both Crow and Leo. The move has sparked considerable debate among the Judiciary Committee, with Republican Sen. John Cornyn categorizing the unfolding situation as “a complete disgrace”. The article, however, leaves some questions unanswered due to an apparent scarcity of available…
On November 30, 2023, global law firm Dentons announced that Michael Park has joined the firm as a partner. Michael is now a part of the intellectual property and technology practice at Dentons located in Melbourne, Australia, bolstering the firm’s expertise in cybersecurity, privacy, and technology matters. Bloomberg Law reported this update. Michael Park has…
The Court of Justice of the European Union (CJEU) ruled that EU member state government bodies and agencies are allowed to ban their employees from wearing headscarves and other religious symbols. This decision came as the CJEU contemplated whether a “strict neutrality” religious symbol policy in workplaces constituted discrimination in violation of EU law, particularly…
In an increasingly competitive environment, legal professionals undoubtedly seek to maximize the return on their investments, fighting to get the most out of every penny they spend. This investment can scale from core aspects of law practice to those that surround it: tools, marketing strategies, and content creation– to mention a few. Especially intriguing is…
On November 27, 2023, the California Privacy Protection Agency (CPPA) presented draft regulations focusing on automated decision-making technology (ADMT), including artificial intelligence (AI). The proposed regulations would boost consumer protections related to the profiling of consumers, which encompasses employees as well. The ADMT regulations would delineate specific measures to safeguard consumer data. Such protections are…
Color, an omnipresent part of our reality, subtly forges our perception and emotions in ways often unbeknownst to us. It’s a noteworthy tool for attorneys looking to establish and enhance their narrative during trials. The crucial influence color psychology holds over memory and perception suggests that its thoughtful use in trial graphics can successfully guide…
The Consumer Financial Protection Bureau (CFPB) has made significant efforts in advancing language access services for consumers with Limited English Proficiency (LEP) over the past years. This initiative has been driven by the agency’s ongoing engagement with various stakeholders, including community-based organizations and financial institutions, in order to enhance the utility and accessibility of consumer…
The legal battle between Southwest Airlines, Transport Workers Union of America Local 556, and a Christian flight attendant with anti-abortion beliefs, Charlene Carter, continues to create ripples in the legal landscape. According to Carter’s recent submission to the Fifth Circuit, both Southwest Airlines and Transport Workers Union should be held accountable for their religious bias…
Environmental, Social, and Governance (ESG) considerations are no longer concerns solely for large, publicly held businesses compiling formal ESG disclosures or reporting. These factors are becoming increasingly significant within global supply chains, extending their influence and reach far beyond their traditional boundaries. This identification of the rising impact of ESG factors within supply chains is…
Private investment hurdles, long regarded as a key metric in measuring the performance of investments, have recently been the center of conversational orbit in the finance world. An intriguing development was reported by Goodwin: over half, around 50%, of private investment funds have reportedly set their hurdle rates at 8%. Even more compelling is the…
In class action suits, the lines between standing and typicality can often blur, leading to a split of authority on the issue. Employing the legal principle that one cannot sue for another’s injury, the issue of standing – the requirement that a plaintiff must demonstrate a personal stake in the outcome of the lawsuit –…
In the coming year, Compensation Committees may need to contend with a unique set of issues. According to a recent Viewpoint by Pay Governance hosted on JDSupra, recent geopolitical and economic unpredictability, coupled with new rules from the SEC, may substantially impact how these committees consider and discuss executive compensation. The consultants from Pay Governance…
The Nanotechnology Industries Association (NIA) is set to hold its forthcoming 2023 Symposium on December 5, 2023. Open to the public, the meeting is expected to draw stakeholders from across the nanotechnology industry. As highlighted by Bergeson & Campbell, P.C., the NIA has yet to release a comprehensive agenda for the Symposium. However, considering the…
In a defining lawsuit, Restanca, LLC v. House of Lithium, Ltd., C.A. No. 2022-0690-PAF, the Court of Chancery decided not to order specific performance for any of the parties involved. This pertinent verdict comes from the setting where the buyer resisted to finalize the acquisition of an electric scooter company, and consequently, the seller sought…
The Blockchain+ team from Polsinelli is hosting Blockchain Bi-Weekly, a rundown of key stories in the highly interconnected realms of Web3, blockchain, and crypto ecosystems, as reported by their legal team with specific expertise in coding, smart contracts, and US law. This legal briefing, which is released bi-weekly, represents the third blockchain-focused initiative from Polsinelli…
In episode 10 of the RegFi podcast, Raj Date, the pioneer behind the Consumer Financial Protection Bureau (CFPB) 12 years ago, predicts a significant acceleration of change in the financial services industry in the coming years. The concerning part is whether regulators can maintain their pace, safeguarding financial stability whilst not curbing innovation. The question…
In recent developments, the UK government has introduced the Arbitration Bill into the UK Parliament on 21st November 2023, which has also successfully undergone its first reading. This noteworthy event comes with the integration of all the Law Commission’s recommendations for reform of the English Arbitration Act 1996. As informed by Cooley LLP on JD…
As we continue to gain insightful information from around the nation, a recent trip to New Hampshire provided some valuable insights into the state’s approach to legal matters and its primary focuses in the field. The Granite State’s legal professionals, notably Attorney General John Formella and Senior Assistant Attorney General Brandon Garod, offer compelling insight…
A recent publication in the Wall Street Journal discusses a potential receipt of billions of dollars in funding by Intel from the US government with a view to building ‘secure facilities’ for the production of microchips. Specifically, these microchips are intended for usage by the U.S. military and intelligence applications. This development is hinged on…
The Department of Labor (DOL), Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC), lovingly labeled as “Agencies,” have recently made public the 2023 Form 5500s, featuring significant reporting revisions for the upcoming year. As the agencies continue to streamline and modify the reporting process for organizations, these changes demand attention from both…