UK-based law firm, Freshfields Bruckhaus Deringer, has announced that Sanjay Murti has joined their corporate department as a partner, operating out of their New York office. This announcement was made on Monday and represents a strategic addition to the firm’s Mergers and Acquisitions (M&A) team. Murti is an expert in M&A law, with significant experience…
On Sunday, at least 27 civilians were killed and another 25 were injured in the market located in Donetsk, a city currently occupied by Russian forces. As relayed by the Ministry of Foreign Affairs of the Russian Federation in a released statement, these events happened following the shelling of the Tekstilshckik suburb, which is less…
In a significant decision, the Supreme Court ruled in a 5-4 vote that Texas cannot enforce its own immigration policy. In a perplexing move, the dissenting justices did not issue any opinions on their support for the Supremacy Clause. This all but leaves a void in understanding their legal reasoning, offering no further clarification Washington…
As we usher in 2024, the employment outlook for legal professionals is largely favourable, according to figures from the U.S. Bureau of Labor Statistics. The latest data reveals that the number of lawyer positions is predicted to see the second highest surge in job openings among all employment categories that require a graduate or professional…
In a momentous trial, The Dak Lak People’s Court has sentenced nearly 100 people related to the 2023 Dak Lak gun attacks, as reported by Vietnamese state media. Among those convicted, ten received life sentences. The individuals faced a variety of charges under the criminal code of Vietnam, including terrorism against the people’s government, terrorism,…
In a continuing trend, Freshfields has once again tapped Cravath for their latest partner addition in New York. This move follows a pattern over recent years where Freshfields has selected several senior corporate hires from the esteemed New York firm, Cravath. For a more detailed account of this story, please refer to the original article…
Each weekday, many of us follow a routine of catching up on news articles, commentary and other noteworthy links, especially those related to the Supreme Court. For Tuesday, January 23, the morning read offers a variety of interesting pieces to peruse. From official appeals to the Supreme Court to potential groundbreaking reviews, the range of…
With a paradigm shift being felt across university athletic legal defenses amid alleged NCAA infractions, several prominent law firms collectively collected approximately $10 million over recent years for their legal services. The list of beneficiaries includes Pillsbury, Hogan Lovells, Husch Blackwell, and Bond, Schoeneck & King who were enlisted to defend University of Kansas basketball…
Yet another executive committee member has chosen to leave Allen & Overy, marking the second exit of a top-tier executive from the law firm in recent times. The most recent departure is that of the head of the firm’s derivatives and structured finance team in London. This exit comes shortly after the firm’s Netherlands head…
A significant move has taken place in London’s bustling legal scene. White & Case’s veteran trade partner, who previously led numerous trade practices across the city, has chosen to leave the leading law firm and set up his own solo legal practice. Such ventures, while not unheard of, mark a noteworthy shift as experienced attorneys…
Several senior partners from prestigious London-based law firms are leading the legal advisory as Argus Media’s CEO takes a majority stake in the company. As detailed in a recent press release from Argus Media, the firm’s CEO, Adrian Binks, along with existing minority shareholder, General Atlantic, are combining their respective shares in the company. Among…
Legal professionals who have been keeping a close watch on significant developments in health law and business might already be aware of the sizable blow suffered by one of the largest US health insurance companies, Elevance Health. A snafu during a solitary call from a “secret shopper” is reportedly costing the company a staggering $190…
In a recent development, law firm Ashurst is continuing its hiring spree in Europe, the latest addition being a partner from Baker McKenzie, based in Luxembourg. This move reportedly aims to cater to increasing client needs in Luxembourg, which is emerging as a crucial jurisdiction within Europe. For more intricate details about this development, you…
It’s another buzzing day in the world of law and regulation, with news that the Atlanta Judicial Commission has begun accepting nominations for the position of Municipal Court Judge for the City of Atlanta Municipal Court. Members of the legal professional community have been invited to nominate their peers or even apply themselves. The general…
In an unexpected turn of events, Harvard University has reportedly found itself facing an unforeseen scale of congressional probes, necessitating a significant reinforcement of its legal team. Cited from a recent article published on Bloomberg Tax, this escalation has also led to a corresponding incline in Harvard’s legal expenses. Bloomberg’s report has however not provided…
In a recent push to deepen its presence in the rare disease market, French pharmaceutical giant Sanofi has agreed to acquire US biotech firm Inhibrx. The deal, which comes with a hefty $2.2 billion price tag, aims to leverage Inhibrx’s innovative therapies for genetic disorders that primarily impact the lungs and liver. According to Bloomberg…
In a move designed to enhance employment opportunities for individuals with criminal records, there is a notable shift beyond standard ban-the-box measures. Advocacy groups are increasingly championing more comprehensive fair-chance hiring laws and seeking stronger enforcement practices from labor agencies. ‘Ban-the-box’ laws, already adopted in 17 states including the District of Columbia, along with 21…
The integration of generative AI into modern legal practices brings along a host of compelling challenges pertaining to the lawyer-client privilege. The primary apprehension lies around the disclosure of sensitive and protected client information. This privilege is vulnerable to being waived if the information leaks to outside parties, making it untenable to protect said information…
When government lawyers outsource enforcement to external trial lawyers, issues of ethics and potential conflicts of interest can emerge. A recent Ohio federal opioid case involving law firm Motley Rice and the City of Chicago has prompted such concerns. The lawyers of this law firm have been found to simultaneously represent various state attorneys general,…
Executive compensation has been identified as a major factor driving the widening wealth disparity. In 2023, despite many experiencing an economically distressing year, top corporate executives still gained extensive salaries and bonuses. The ratio of CEO to worker compensation in the 350-largest publicly owned companies has seen a whopping 16-fold increase since 1965, according to…
The Financial Industry Regulatory Authority (FINRA) recently published its 2024 Annual Regulatory Oversight Report, addressing key topics such as financial crime, market integrity, crypto assets, and the market access rule as well as shedding light on expectations for off-channel communications policies. As uncovered in a summary of the report, significant fines have recently been levied…
On January 16, New Jersey Governor Phil Murphy signed the New Jersey Data Privacy Act into law, making New Jersey the 14th state to adopt a comprehensive consumer data privacy law. According to the new legislation, companies subject to this law will have to adjust their compliance programs to satisfy the new requirements. The New…
Financial scams, including sophisticated Ponzi schemes, target people of all backgrounds. However, it is a lesser-known fact that victims may not be entitled to complete protection or relief on tax costs associated with transactions involved in certain financial scams. The inadequacies in this developing legal area might become more disturbing as artificial intelligence (AI) introduces…
On Monday, the Hague District Court in the Netherlands sentenced Mustafa A., a former Syrian militia member, to 12 years in prison. The charges were for war crimes and crimes against humanity committed during his tenure as leader of the group Liwa al-Quds between 2011 and 2017, as originally reported on JURIST. Recognizing Liwa al-Quds…
A defamation claim has been made by a former visiting professor at the Seattle University School of Law against the private Washington-based University. The claim comes in the wake of allegations that the professor was seen making racist, sexist, and anti-LGBTQ comments, which were never substantiated post-investigation. Despite this, according to the professor, the university…