In a recent turn of events, a lawyer has been sentenced to 4 to 23 months for exchanging legal representation for sex acts. This is yet another stark reminder of the numerous ethical lines that can be crossed in the legal profession.
Meanwhile in the corporate world, the situation looks precarious for Chevron. The multinational energy corporation might soon be upended by what critics are referring to as a ‘literal red herring’. Few details are available, but this event could potentially have wide-reaching implications for the industry at large according to Slate.
The Supreme Court recently deliberated on a critical question: whether a pure omission could be considered securities fraud. This decision could potentially set a new precedent for securities regulation. More details can be found on the Bloomberg Law News.
The political scene in the UK is heating up, with conservatives launching a campaign against the Labour leader for having previously been a lawyer. This is an unexpected development and more information can be found at LegalCheek.
In a victory for free speech advocates, the Fifth Circuit has blocked a book banning law in Texas. This important legal development was reported by NBC News.
Private equity practices are in a position of significant growth, as dealmakers embrace the end of what they’ve dubbed ‘the little recession that couldn’t’. More details about this economic development can be found in the American Lawyer.
In a rather surprising move, former Attorney General Bill Barr’s new law firm has decided to add several other former White House lawyers who, during the Trump administration, took a stance against the insurrection. Reuters provides more context to this hiring dynamic.