As Wall Street financial institutions march into earnings season, there is mounting speculation that regional banks are about to unleash a considerable quantity of long-dated debt onto the market. This pending influx of bank debt raises the question: Who will be the prospective buyers? Historically, long-dated debt has offered attractive yields, providing a boon for…
Last July, media reform activists petitioned the FCC to revoke Fox News’ local broadcast license in Philadelphia, accusing the news outlet of spreading election fraud propaganda and, thereby, potentially violating the “character clause” of the Communications Act. The act determines whether an organization should hold a broadcast license. Techdirt reported on this development at the…
In a recent turn of events, Bryan Clarence looks to Elliot Berke, enlisting him to represent in an ongoing ethical quagmire. This is seen as the first sign of Bryan Clarence Thomas taking his scandals seriously. This story was captured by Bloomberg Law News. Furthermore, the newest report from Cornell Law professor Michael Dorf analyzes…
What is typically seen as luxury, in the world of Supreme Court Justice Clarence Thomas and his latest financial disclosures, has proven to be more of a self-defense strategy. In his latest filings, a particular owning that stands out is a private airplane. This comes as an intriguing revelation amidst the public debate surrounding private…
In a crucial decision that safeguards free expression and strengthens the First Amendment rights, Judge David Hittner of the Southern District of Texas has enjoined a Texas law that sought to ban drag performances. The law, S.B. 12, has been deemed as potentially violating the constitutional safeguard for freedom of speech. The American Civil Liberties…
One of the most pressing juridical questions of our time is: Who judges the Supreme Court judges? Certain seated members like Roberts and Alito either neglect to address judicial misbehavior or claim that the Constitution prevents any other branch of the government from intervening. However, this is a flawed interpretation of the Constitution. Fortunately, dealing…
A recent development in the high ranks of the United States’ judicial system indicates that Supreme Court Justice Amy Coney Barrett seems to be voicing discomfort over the Court’s waning public approval. According to a study by Gallup, there has been a noticeable downturn in the percentage of Americans expressing “a great deal/quite a lot”…
The e-discovery landscape is poised for a significant reshaping, as the global e-discovery company Reveal announced its recent acquisition of two other key players in the e-discovery arena, Logikcull and IPRO. The merger aims to form the first comprehensive e-discovery platform that serves all sized legalities and types of legal teams, ranging from individual legal…
This spring and summer have seen a surge in the investigation of Supreme Court ethics issues, with numerous previously undisclosed financial benefits granted to several justices coming to light, most notably to Justice Clarence Thomas. The examination and exposure of Thomas’s finances have taken a significant path, following the release of an article by ProPublica…
Yesterday, renown lawyer Sidney Powell who has made headlines with her involvement in election legal battles, filed a motion to sever her case from accompanying defendants in the RICO election interference case prosecuted by attorneys in Fulton County, Georgia. According to the motion, Powell, a practicing lawyer for 45 years, puts forth her lengthy professional…
If you’ve been keeping tabs on the advancements in the realm of Generative AI, you’d know that the terrain has been in a constant state of upheaval since the public release of ChatGPT 3.5 on November 30, 2022. Navigating this exhilarating but often overwhelming landscape could be a bit of a challenge for legal professionals….
In recent legal news, a contentious case involving Southwest Airlines has garnered attention, due to what some have labelled as alleged “disingenuous argumentation”. The case revolves around Southwest Airlines’ response to a court order demanding its key personnel take training classes from a group recognized by the Southern Poverty Law Center (SPLC) as a hate…
NLBM, a popular legal coaching company, has alleged infringement of copyright against its competitor, 2-Hour Lifestyle Lawyer. The accusation is based on what NLBM claims is copied course content that was subsequently resold. NLBM’s complaints centered around generic coaching content, with areas such as estate planning and pricing being highlighted as topics being unceremoniously replicated….
In an era when companies are dealing with risk management amidst economic uncertainties, the legal department is often viewed as part of the ongoing solution that fuels business growth. To pinpoint precisely how macroeconomic trends can shape the perspectives of senior in-house lawyers in terms of litigation and risk management, Burford, a leading global finance…
Recent times have seen a handful law schools beginning to offer second chances to their applicants, in the form of a program called LexPostBacc. The innovative program, offering applicants the opportunity to learn their way into law school successes, hints at the new era of education accessibility and diversity. This initiative has been hailed a…
In the challenging world of corporate law, executives and attorneys often face varying stages of job-related stress; some experience career fatigue, while others hit a metaphorical ceiling at their current roles, prompting them to seek a change. Chronic career burnout is often accompanied by stress induced symptoms, such as depleted energy, decreased motivation, as well…
Novo Nordisk, already a heavyweight in the realm of obesity medication with its blockbuster seller Wegovy, continues to exhibit its hunger for cardiometabolic drugs. The pharmaceutical titan from Denmark is satiating this appetite by purchasing a startup that boasts a novel approach to weight loss. This marks Novo Nordisk’s second acquisition agreement in the last…
Last week at ILTACON 2023, a conference centered around the intersection of law and technology, it was evident that we are living through a transformative period in the realm of legal technology. Conversations teemed with intrigue around the vast potential – and the significant challenges – posed by the integration of generative AI into legal…
The legitimacy of the United States Supreme Court has been called into question, rendering state supreme courts more crucial than ever. In many states, it is the constitution that acts as the sole defender of historically recognized rights. One only needs to look at Wisconsin, where recent state supreme court elections triggered a significant dispute,…
Traditional career paths may be the most commonly pursued routes in any profession, but they don’t necessarily lead to success or satisfaction for everyone. This certainly was the case for Krista Bordatto, who shared her unconventional journey from the Judge Advocate General’s (JAG) Corps to academia in a recent editorial on Above the Law. Bordatto’s…
Wells Fargo, one of the world’s most prominent financial institutions, has once again found itself at the center of a legal controversy. The bank has recently paid yet another fine in connection to its mistreatment of customers. Despite the major implications of this development, the issue seems to find itself largely unnoticed outside of the…
Supreme Court Justice Amy Coney Barrett recently commented on the increased attention drawn by the highest court in the land during an event at a judicial conference for the 7th Circuit Court of Appeals in Lake Geneva, Wisconsin. According to reports by the Associated Press, Barrett reminisced on times during her clerkship at the Supreme…
The Florida Governor, Ron DeSantis, successfully pushed through comprehensive tort reform last December, a move celebrated by many Florida residents despite their limited understanding of tort laws. Now, however, as insurance companies begin to reject claims in the wake of ‘Hurricane Idalia’, the real effects of the reform are starting to hit home. This move…
In a recent incident at the University of North Carolina (UNC) Law School, it has been reported that an active shooter situation wasn’t enough to derail regular classes. According to Above the Law, several UNC law professors thought their classes held more priority than the ongoing incident, prompting concerns about the school’s approach to emergency…
In an interesting twist recently, a California federal judge sharply criticized the shareholders of X, formerly known as Twitter, for their ill-prepared legal writing in their proposed stock-drop class action over alleged cybersecurity misrepresentations. Law360 reports this significant development. Whilst critical of the poorly written legal document, the judge, U.S. District Judge Mark C. Scarsi,…