Illinois Supreme Court Rejects Baker McKenzie’s Bid to Move Malpractice Case Out of State

The Illinois Supreme Court has denied Baker McKenzie’s request to consider an appeal regarding a lower-court ruling. The global law firm sought to move a legal malpractice lawsuit out of Illinois, arguing that the case lacked a significant connection to the state. Bloomberg Law reports that the lawsuit was filed by Lehram Capital Investments Ltd….

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Federal Judge Criticizes BigLaw Attorneys for Disrespect in Court Filings

A Colorado federal judge recently criticized BigLaw attorneys for their “uncanny knack” of insulting the court through briefs. In a statement made last Thursday, the judge highlighted the tendency of employment lawyers to ignore adverse case law, suggesting that their credibility suffers as a result. Acknowledging unfavorable arguments, according to the judge, would lend more…

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Cleary Gottlieb Steen & Hamilton LLP Embraces Generative AI as a Vital ‘Co-Pilot’ in Legal Services

Cleary Gottlieb Steen & Hamilton LLP is increasingly engaging with generative AI technology, positioning it as a crucial ‘co-pilot’ for their legal services. Firm leader Michael Gerstenzang discussed in an interview with Law.com how Cleary collaborates directly with AI providers to refine these tools. This proactive approach aligns with a growing trend among clients who…

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North Carolina Business Court Allows Fraud Allegations Against Medical Equipment Maker to Proceed

The North Carolina Business Court has denied a medical equipment maker’s bid to obtain a win based on pleadings in a complex legal dispute. The case involves allegations of fraudulent concealment and unfair trade practices, specifically accusing the company of stealing a business model and a pregnancy support garment design from a competitor. The decision…

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Consolidations Versus Brevity: The Evolving Landscape of Law Firm Naming Trends

The shift toward brevity in law firm names may contradict another trend in the legal industry: a seemingly endless wave of mergers and consolidations. As legal professionals navigate this evolving landscape, the preference for shorter, more memorable firm names becomes increasingly apparent. This trend is indicative of broader changes within the industry, where the push…

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Justice Kavanaugh Discusses Boundaries of Agency Authority Following Chevron Precedent Overturn

Justice Brett Kavanaugh articulated his stance on the Supreme Court’s recent decision, which affects the authority of federal agencies, during an appearance at the Catholic University of America Columbus School of Law. Speaking on Thursday, Kavanaugh emphasized that the overturning of the Chevron precedent should not be over interpreted or misused by future courts or…

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Womble Bond Dickinson Strengthens Global Disputes Practice with Elite Arbitration Experts

Womble Bond Dickinson is making significant strides to enhance its international disputes practice. The firm aims to provide elite arbitration practitioners, leveraging a competitive fee structure and deep expertise in critical industries known for frequent disputes. While the full details require access to the original article, interested readers can find more information here.

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Smartmatic Reaches Settlement with Newsmax in Defamation Lawsuit Days Before Trial

Smartmatic has reportedly reached a settlement with Newsmax, resolving its defamation claims in Delaware Superior Court just days before the trial was set to commence. While a spokesperson for Smartmatic declined to provide specific details on the settlement’s value or any non-monetary terms that may have been agreed upon, the resolution marks a closing chapter…

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Smartmatic and Newsmax Settle Defamation Lawsuit Over 2020 Election Claims

Smartmatic and Newsmax have settled a defamation lawsuit just before reaching trial. The dispute centered around claims made by Newsmax regarding Smartmatic’s role in the 2020 U.S. presidential election. A spokesperson for the London-based Smartmatic revealed that while the settlement’s value and any non-monetary terms remain confidential, both parties have reached an agreement to resolve…

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Nike Labeled ‘Incivil’ in Trademark Dispute with Lontex, Ordered to Pay Attorneys’ Fees

Nike Inc.’s conduct in its legal dispute with Pennsylvania-based Lontex Corp., which accused the sportswear giant of trademark infringement, has been deemed “bad behavior” and “incivility” by Special Master Jane Greenspan. In a recent report and recommendation, Greenspan asserted that Nike’s actions warrant the case being classified as exceptional, and that Lontex Corp. should be…

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Abbott Laboratories Retains $33.4 Million Sanctions Award in Trademark Infringement Case After Wholesaler Waives Jury Trial

Abbott Laboratories has retained a $33.4 million sanctions award after the U.S. Court of Appeals for the Second Circuit ruled that a medical product wholesaler, along with its CEO and his wife, waived their right to a jury trial in this trademark infringement lawsuit. Instead, the parties agreed to a damages inquest, precluding a trial…

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Law Firms’ Responses to Gaza Protests May Impact Diversity and Inclusion Efforts, Experts Warn

Nearly a year has passed since university campus protests began over a devastating humanitarian crisis in Gaza. Reactions from law firms to these protests, particularly decisions to rescind or withhold job offers based on candidates’ pro-Palestine activism, could create a chilling effect on diversity, equity, and inclusion (DEI) efforts within the legal profession. This response…

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Law Firm Reactions to Campus Protests May Undermine Diversity and Inclusion Efforts, Experts Say

Nearly a year has passed since university campus protests began over a devastating humanitarian crisis in Gaza. The reactions of law firms to these protests are raising concerns about potential impacts on diversity, equity, and inclusion (DEI) within the legal profession. According to a recent analysis, law firm decisions to rescind or withhold job offers…

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SEC Chair Gensler Pushes for Enhanced Regulation of Alternative Trading Systems

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler remains resolute in addressing what he perceives as a regulatory gap in the registration of alternative trading systems (ATS). Speaking recently, Gensler reiterated the need for these platforms, which operate marketplaces for trading securities, to fall under the same registration regimen as traditional brokers and exchanges….

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Boeing’s Machinist Strike Reveals Deep Financial Strains as Union Demands 40% Pay Hike Amid $45 Billion Debt

Nearly every union victory in the pandemic rebound has happened because employers had cash to burn—and unions knew it. However, this dynamic is not in play for Boeing Co. The aircraft manufacturer finds itself saddled with an immense $45 billion debt while bleeding millions each day due to an ongoing machinists’ strike in the Pacific…

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PCAOB to Investigate Private Equity’s Growing Influence on CPA Firms’ Audit Integrity

The US accounting oversight board is poised to scrutinize the recent surge of private equity investments in leading CPA firms, spotlighting potential risks these ownership changes may present to audit quality. According to a recent announcement, the Public Company Accounting Oversight Board (PCAOB) seeks to gauge the implications of external investments on auditor independence and…

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