Crowell & Moring Welcomes IP Expert Jon Gurka as Department Partner

With experience spanning diverse subfields of the intellectual property legal territory, Jon Gurka has now joined Crowell & Moring as a partner in their intellectual property department, a recent announcement from the firm confirms. Gurka’s extensive expertise ranges from patenting to trademarks, and from trade secret regulation to breach of contract matters. A spotlight on…

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Navigating Professionalism in the Legal Sphere: From Holiday Parties to Courtroom Etiquette

As we approach the holiday season, legal professionals across the globe should bear in mind the importance of maintaining professionalism at Christmas parties. After all, whilst festive fun is certainly encouraged, it’s crucial to remember that these are still corporate events. For more guidance on this topic, visit Above the Law. In other news, Above…

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CFTC Seeks Enhanced Cybersecurity Measures for Brokerages, Swaps Dealers in Response to Ion Trading Attack

The Commodity Futures Trading Commission (CFTC) is pushing for new cybersecurity regulations for brokerages and swaps dealers. This move comes in response to the damaging ransomware attack that hit software company Ion Trading UK earlier this year. The proposed changes to the cybersecurity rules emphasize updates to risk evaluations for CFTC-registered firms. The incident at…

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Federal Appellate Court Nominee Faces GOP Scrutiny Over Right-to-Work Comments

The federal appellate court nominee Nicole Berner, a seasoned labor lawyer, found herself on the receiving end of probing questions from Republican members of the Senate Judiciary Committee. The focus of the queries was a previous statement by Berner, in which she labeled the “right-to-work” movement as racist. Law.com reported on these developments. “Right-to-work” laws…

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Congressional Subpoenas’ Efficacy Questioned Amid Hunter Biden and Capitol Riot Investigations

Despite the common perception that Congressional subpoenas carry the full weight of law, recent episodes have cast doubt on their potency. Congressional subpoenas need to be authorized by a whole House vote—a standard that hasn’t been consistently applied, particularly in the case of Hunter Biden. In the pursuit of unearthing any actionable intelligence on former…

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Significant Lateral Moves Reshape Asia’s Legal Landscape Amid Singapore’s Growing Influence

Law firms and corporations across Asia have been witnessing significant lateral moves recently. As per a report published in the International Edition of Law.com, there are notable entries and exits to mention across the legal landscape. Firstly, Han Kun, a law firm in China, has managed to attract a partner from the renowned law practice,…

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AI’s Threat to Budding Writers: Lawsuits, Copyright, and the Future of Literature

The ongoing evolution of artificial intelligence (AI), particularly in the field of natural language processing (NLP), continues to stir debate within the literary world. One emerging concern focuses on large language models such as GPT-3, which have the potential to automate tasks traditionally done by human writers, such as drafting articles for law firm websites….

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Unraveling the Role of International Arbitrators Amid Illicit Activities in High-Stakes Cases

International arbitration often concerns significant financial stakes and, at times, situations hinting at illegal acts including corruption and the movement of unlawfully obtained assets. The role and responsibilities of arbitrators in such scenarios, specifically those where they might be conscious of such illicit activities, has recently stirred discussions and critique. Key among these is a…

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Two-Tier Partnership Trend: Enhancing Profitability and Talent Retention in Leading Law Firms

Yet another key player in the legal sphere, Cravath Swaine & Moore, has adopted the two-tier partnership structure, following early pioneers such as Kirkland & Ellis. This move reflects an increasing trend among leading law firms to enhance profitability and aid talent acquisition and retention. While the one-tier partnership model had prevailed for a significant…

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Biden’s March-In Rights Policy: Assessing Economic Impact and Risks for Drug Prices

In early December, the Biden administration touched on the prospect of implementing march-in rights on taxpayer-funded drugs and other related inventions, in an attempt to stabilize drug prices. This move was received with skepticism by Wayne Winegarden from the Pacific Research Institute, who argued that this approach to managing drug costs could potentially undermine the…

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Latham & Watkins Bills $5.7 Million for Mallinckrodt’s Second Bankruptcy in Three Years

Legal heavyweight Latham & Watkins LLP is currently in the process of billing a significant sum of $5.7 million for approximately three months’ worth of work. Their client is none other than Mallinckrodt PLC, a global biopharmaceutical company, presently navigating its second Chapter 11 bankruptcy in the short span of three years. Latham & Watkins…

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Fox Rothschild Launches Task Force to Defend Companies Amid Pandemic Tax Credit Investigations

In a twist that emphasizes the legal complexities surrounding pandemic-era tax credits, Fox Rothschild LLP has established a dedicated task force. This new group’s primary mission is to provide defense for corporations amidst growing federal scrutiny into how companies have utilized these tax credits. The formation of the task force was publicly disclosed by the…

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