George Mason University (GMU) intends to comply with a request from the U.S. House Committee on Education and the Workforce Chair Virginia Foxx (R-NC), who recently demanded further details related to allegations against former law professor Joshua Wright. Wright has been accused of leveraging his academic influence to engage in inappropriate relationships with young female…
Investment in Women Associates and Partners Legal firms that prioritize investment in women at the associate level are beginning to see significant results in their equity partnership ranks. Data from the recent Women’s Scorecard highlights a growing correlation between firms with higher percentages of women associates and those with increased percentages of women equity partners….
Last week, the Supreme Court issued its much-anticipated opinion on Moore v. United States, a decision that could have led to significant changes in tax law and provided insight into whether a wealth tax could survive judicial scrutiny. In Moore, the taxpayers were shareholders in a foreign corporation since 2005. Despite the corporation’s annual profits,…
The 2024 Diversity Scorecard published by the American Lawyer indicates a cautious yet consistent progression in diversity within the legal sector, reporting that minority representation in law firms has seen modest growth over the past year. The scorecard, which examines the ethnic and racial diversity across firm leadership and ranks Am Law 200 firms and…
Despite the global economic slowdown, the demand for tax and M&A advice remains strong in key Latin American markets. Recently, DLA Piper and Demarest Advogados announced new hires in Brazil while Clyde & Co has bolstered its tax practice in Chile. For further details, you can read the complete article here.
Legal News Erika Gasaway’s journey to becoming a partner at Hopkins & Carley revolves around the principle of embracing one’s uniqueness. In her interview on law.com, Gasaway emphasizes the importance of identifying what makes a person different and leveraging that trait to build a successful career. She suggests that figuring out how to utilize what…
Article The US Supreme Court will soon decide the fate of a $6 billion settlement between members of the Sackler family and their bankrupt drugmaker Purdue Pharma LP, which profited from the sale of the painkiller OxyContin. The high-stakes legal battle comes as the Court reviews a Biden administration challenge aiming to dismantle the agreement….
About 28% of American adults report that affording their prescription drugs is a substantial challenge, and the U.S. spends more on medication than any other comparable nation. Multiple stakeholders are involved in the high prescription costs, but there is significant controversy over who is primarily to blame. Merith Basey, executive director of Patients for Affordable…
The U.S. Justice Department has reached a deal to recover more than $100 million in funds, which include significant artworks by Claude Monet and Andy Warhol, as part of the ongoing investigation into the multi billion-dollar 1MDB scandal. The agreement, announced on June 26, 2024, involves Jho Low, members of his family, and various trust…
The US Supreme Court, in a 6-3 decision authored by Justice Brett Kavanaugh, has limited the scope of a federal bribery statute concerning public corruption, ruling that state and local officials who accept “gratuities” are not covered by the statute. The case, Snyder v. United States, builds on a trend of decisions that limit prosecutorial…
The US Supreme Court has decided in favor of the Biden administration in a ruling that permits the government to communicate with social media platforms about removing posts regarded as misinformation. This decision, made just before an election year, enhances the administration’s capacity to address content deemed misleading by federal agencies. The ruling saw the…
Morning Docket: 06.26.24 Law firms are actively leasing new office spaces, though the way these spaces are used is changing in the wake of the COVID-19 pandemic. According to Globest, these changes reflect a dynamic shift in office dynamics and demands. Steve Bannon’s latest appeal to the Supreme Court has been criticized, yet it has…
The European Union’s border and coast guard agency, Frontex, and the Republic of Serbia have signed a cooperation agreement aimed at enhancing border management operations. This new agreement replaces the framework introduced in 2021 and finalizes negotiations that began in May 2023. According to the agreement document, Frontex will now be authorized to carry out…
Clearbrief, a legal technology company that leverages artificial intelligence to assist lawyers in identifying and including factual support within their legal writing, has secured an additional $4 million in funding, increasing its total capital raised since its inception in 2021 to nearly $8 million. This funding round, led by Authentic Ventures, How Women Invest, and…
Milberg has filed two federal class action lawsuits against Truist Bank following a data breach that occurred in October 2023. The suits allege that Truist failed to effectively protect the personal identifying information of its customers, leading to unauthorized access of a small number of employee accounts. As of May 10, affected plaintiffs began receiving…
On this Wednesday, June 26, legal professionals can anticipate significant developments as the Supreme Court is set to release opinions on one or more cases from the current term. The announcement is scheduled for 9:30 a.m. EDT, marking an important moment in the judiciary’s calendar. SCOTUSblog, which has provided comprehensive coverage, will be live throughout…
The Committee to Protect Journalists (CPJ) has issued a call for the immediate and unconditional release of Syrian journalist Sleman Ahmed, who has been detained for eight months by Iraqi Kurdish authorities. Ahmed is facing charges of espionage under the Kurdistan Region’s national security laws, with his trial set for June 30. According to the…
On Wednesday, June 26, the Supreme Court will release opinions in one or more argued cases from the current term. As the term draws to a close, the legal community widely anticipates this day, given the remaining high-profile cases yet to be decided. These opinions could have significant ramifications for various legal sectors including corporate…
The United Nations Special Rapporteur on the independence of judges and lawyers, Margaret Satterthwaite, has issued a stern warning regarding the global decline of judicial independence. The report (A/HRC/56/62) presented at the United Nations Human Rights Council (UNHRC) highlights a troubling trend where democratic systems and the rule of law are increasingly under siege. Satterthwaite…
Kenya Dispatch: Uncertainty Prevails After Deadly Protests Against Finance Bill Kenya has plunged into its second week of protests against the contentious Finance Bill 2024, with demonstrators pouring into the streets of Nairobi, Nakuru, Kisumu, and other regions. The bill has been a lightning rod for public discontent, primarily due to its provisions that allocate…
Julian Assange has returned to Australia for the first time in more than a decade after pleading guilty in a U.S. court to charges of unlawfully obtaining and disclosing classified national defense documents. The plea deal has allowed him to avoid further legal jeopardy, and he departed the U.S. court as a free man on…
Elite Law School Grads Earnings Report Graduates from elite law schools are seeing significant financial rewards just a few years into their careers. A recent report by Bloomberg Law highlights that alumni from top-tier institutions command substantially higher salaries compared to their peers from lower-ranked schools. The analysis details that the earning disparity becomes particularly…
In a significant transactional development, legal heavyweights White & Case and Kirkland & Ellis have played pivotal roles in KKR’s acquisition of festival giant Superstruct. This marks the latest in a series of private equity-backed deals that have been prominent in recent weeks. For a comprehensive overview of the transaction and its implications in the…
“`html In a significant development, international law firm A&O Shearman has advised UAE-based construction company Drake & Scull International PJSC (DSI) on the completion of a debt restructuring totaling AED 4 billion (approximately $1.1 billion). This restructuring represents the first major application of the UAE Bankruptcy Law which came into effect on May 1. The…
Thompson Hine is extending its footprint to the West Coast with the establishment of a new office in Los Angeles, incorporating an 11-lawyer team from the boutique firm Conkle, Kremer & Engel. This move marks the Cleveland-founded firm’s first venture in California, diversifying its approximately 350-lawyer strong presence. According to AmLaw data, Thompson Hine generated…