Fried Frank has welcomed Monica K. Thurmond as a partner in their New York finance practice. Thurmond has an established background in giving advice to private equity sponsors and their portfolio companies on leveraged finance transactions. In addition, she has represented issuers in public and private equity and debt securities offerings, according to Fried Frank….
In a recently related study conducted by Affinity Consulting, iManage, and SurePoint Technologies in collaboration with Ari Kaplan Advisors addressing the subject of “Leadership, Growth, and Profitability in the Post-Pandemic Era,” various important insights have been revealed regarding how modern law firms are managing and prospering through digital transformation. The main focus of the report…
Four South American countries — Brazil, Chile, Ecuador and Uruguay — have collectively expressed their support to overturn a $16.1 billion ruling against Argentina in a US court. The amicus briefs were filed by renowned law firms Foley Hoag on behalf of Brazil and Uruguay, and Orrick, Herrington & Sutcliffe for Chile and Ecuador. The…
DLA Piper, a global law firm, recently made a crucial addition to its ranks as Andrew Westgate has joined the New York branch. He will be renowned for his in-depth experience and knowledge as a partner within project and energy practice. This strategic move fortifies the firm’s continuing commitment to expand its areas of expertise,…
A recent development regarding a New Jersey harassment case involving an employee’s denial of remote work, presents a notable legal precedent for legal professionals in corporate sectors and law firms around the globe. The case revolved around an employee of Residential Home Funding Corp, who after maternity leave was denied the option to work remotely….
In a recent development, Tritia M. Murata and David P. Zins have been reported as the new additions to the Los Angeles employment law practice of the well-regarded firm, Davis Wright Tremaine. Both of them have joined the law firm as partners, bolstering their presence in the state. Highly experienced in the legal realm, Murata…
Frost Brown Todd has added Bob Welty to its Charleston, South Carolina office as a managing director, the law firm announced on Monday. Prior to joining Frost Brown Todd, Welty held the position of West Virginia Market President at Fifth Third Bank. In this role, he was responsible for engaging in business development and driving…
In a recent ruling by the US Court of Appeals for the Eleventh Circuit, a federal ban on felons possessing firearms has survived a constitutional challenge. The court indicated that, despite a Supreme Court ruling creating a new test for Second Amendment cases, it was restricted by its own precedent from deeming the law unconstitutional….
Historically, lawyers have demonstrated a preference for frictionless, easy-to-use, streamlined, and interconnected applications. As we look ahead to 2024, the focus is expected to sharpen even further on secure, domain-specific, integrated generative artificial intelligence (Gen AI) solutions that provide remarkable increases in efficiency, productivity, and legal acumen, empowering both attorneys and clients to achieve their…
Andrew Karp, former Deputy General Counsel and Senior Special Counsel at the Federal Deposit Insurance Corporation (FDIC), has taken a position as partner at Cadwalader, Wickersham & Taft in New York according to an announcement made by the firm earlier this week. Prior to his tenure at the FDIC, Karp held several significant positions within…
As efficient operations and higher margins consistently remain top priorities for all business functions, the arena of legal affairs is no different. Technology has undoubtedly propelled every industry ahead, and now, smaller law firms seem to be contemplating the same path. However, how is the legal tech revolution genuinely affecting these smaller law firms? Their…
The Law School Admission Council (LSAC) has announced a new approach for the written portion of the Law School Admission Test (LSAT) starting from July 31. The council aims to reassess the abilities of the test takers to construct a cogent argument based on a multitude of evidentiary sources, presenting them with a debatable issue…
The US Supreme Court has temporarily blocked Texas’ strict immigration legislation, known as Senate Bill (SB) 4. This law made various immigration offenses a criminal act. This move from the Supreme Court was in response to an administrative stay granted by the United States Court of Appeals for the Fifth Circuit on Saturday, which ultimately…
Four nations in South America have submitted amicus briefs in a US court, voicing their support for the reversal of a $16.1 billion ruling against Argentina in a pair of prolonged breach of contract lawsuits. Sullivan & Cromwell, the representative of Argentina in this case, is leading the appeal. Previously in September, U.S. District Judge…
The US Government, with President Joe Biden’s stoke of a pen, has implemented sanctions on Zimbabwean President Emmerson Mnangagwa, his wife First Lady Auxillia Mnangagwa, and various government officials on Monday. An executive order was signed in line with the Treasury Department’s Office of Foreign Assets Control’s proclamation of sanctions against the African nation, consequently…
Allstate Insurance Co., a well-established insurance company, was recently denied a pretrial victory in a dispute focused on discrimination against an employee with a disability (Bloomberg Law). The case, lodged by an ex-in-house lawyer, centers on the claim that he could have maintained his position if he had been excused from conducting jury trials. The…
As Boeing Co. heads into crucial contract talks at a delicate moment, the company is keen to avoid a potentially disruptive labor conflict. This negotiation is happening against a backdrop of the company’s ongoing efforts to rectify manufacturing shortcomings that were revealed by a close call with one of its 737 Max 9 jets. These…
In what is quickly becoming a hotly contested issue, banks around the world, are gearing up to challenge a new rule instated by the Consumer Financial Protection Bureau (CFPB). This landmark rule seeks to cap credit card late fees at $8, a significant drop from the current average of $30. Naturally, this has drawn the…
As legal professionals, navigating the difficult waters of client distress is integral to the job, and the specific words chosen to comfort clients in these periods can be a key deciding factor in their overall well-being, as well as their perception of their legal representatives. This thought-provoking perspective was expounded recently in an article by…
In a rather unusual sequence of events, an associate at a top-tier law firm, Travers Smith, allegedly lost his job over a dispute related to kittens, reports Above the Law. As RollOnFriday first disclosed, the associate was on secondment at Inflexion, a private equity client of Travers Smith. The incident sparked when an employee at…
Two years ago, Clio, a law practice management company, made an intriguing proposition: it offered to pay law firms up to six months of their contracts with competitor platforms if they switched over to Clio’s platform. Recently, Clio has decided to reintroduce this initiative, self-named its Break Free Program. This program is particularly focused on…
Hennig Kramer Ruiz & Singh LLP, a firm widely known for its successful settlement of a $2 million employment class action last year, has found itself embroiled in a dispute revolving around attorney fees. The bone of contention is the alleged refusal of another firm, the Ottinger Firm, to agree on a fair division of…
Human Rights Watch (HRW) has recently expressed concerns over new legislative measures initiated in Egypt. These laws, HRW suggests, may serve to concentralize more power in the military at the expense of civilian governance. Intriguingly, the legal maneuvers allow for certain responsibilities typically belonging to police and civilian judiciary to now fall under military jurisdiction….
Pre-Trial Chamber II of the International Criminal Court (ICC) announced this week that a hearing on charges against Joseph Kony, a fugitive Ugandan rebel and founder of the Lord’s Resistance Army (LRA), would proceed in his absence in October 2024. The ICC outlined that this hearing would allow prosecutors to present their case in court,…
In an unprecedented move, the US has imposed sanctions on the manufacturers of the surveillance technology, “Predator” spyware. According to officials from the Biden administration, this spyware has notably been employed to target American officials and facilitate human rights abuses. This event is noteworthy as it is the first time the US has issued sanctions…