As states grapple with ongoing revenue shortfalls, many are increasingly turning to the legalization and taxation of so-called ‘vice’ industries as a potential source of income. Meanwhile, federal government may not be far behind in tapping into this source. However, the influx of income from these industries, which include cannabis and legal online sports betting,…
Williams & Connolly has defied conventional industry practices by adopting an adversarial relation with the Department of Justice (DOJ). Uniquely, the law firm employs a minimal number of former federal prosecutors, who are largely sought after by other top white-collar defense firms for internal DOJ insight. The firm is recognized for its independence and seldom…
Three decades ago, a group of Citigroup Inc. dealmakers including Donald Mackenzie, Steven Koltes and Rolly van Rappard made the pivotal step of leaving the Wall Street giant to establish their own venture. This move has recently reaped a significant financial return following the much-anticipated initial public offering (IPO) of private equity firm, CVC Capital…
In a recent Supreme Court hearing, the staid traditionality of robust constitutional debate took a bizarre turn as the bench contemplated the vexing question of whether a United States’ former president can claim absolute immunity from all crimes committed whilst in office. And, surprisingly, this debate extended up to the extremity of including sanctioned political…
Rocket Matter, a Software-as-a-Service (SaaS) provider of law practice management (LPM), continues to enhance its offerings to better serve professional service organizations since its acquisition by ProfitSolv in 2020. Extensions to the LPM software include secure file-sharing, electronic signatures, and an integrated customer resource management (CRM) system. The software is available under tiered pricing plans…
The criminal trial of former president Donald Trump, centered around allegations that he concealed hush money payments to adult film star Stormy Daniels ahead of his 2016 election, commenced recently AboveTheLaw reported. The trial might become even more eve>rmined than presently anticipated, as social media posts and discussions reveal. Joyce White Vance, a former federal…
In a teachable moment for other legal practices, Husch Blackwell is taking an unconventional step towards bolstering their workforce development. In an effort to provide pathway opportunities for qualified employees seeking to transition into in-house roles, they have chosen to train their lawyers directly for these positions—a move that seems to diverge from traditional industry…
The recent unanimous US Supreme Court decision in Muldrow v. City of St. Louis has set a new precedent for discrimination claims that all employers should be aware of. The ruling asserts that employees no longer have to demonstrate significant financial or other harm when bringing a discrimination claim under Title VII of the Civil…
In a recent testimony before the Senate Budget and Appropriations Committee, Judge Glenn A. Grant, acting administrative director of the courts, addressed the ongoing need for filling the Superior Court bench seats. The continual vacancies amidst an ongoing judicial employee shortage persist to be a thorny issue. As the number of vacant seats continues to…
CARET Legal offers a comprehensive solution for legal professionals, from prospect to client management. Critical to this integrated offer are the workflows, which hold the capability of driving consistency across legal teams. The automated features of CARET Legal Workflows enable task and calendar appointment tracking while maintaining fluid legal team collaboration. For complex tasks, discussions,…
In a recent and potentially influential case, a law firm well-versed in cryptocurrency taxation has brought a trade secrets suit in the U.S. District Court for the Northern District of Illinois. This litigation is directed against another law firm and a previous employee. The accusations center around allegations of the inappropriate use of the plaintiff’s…
An April 5 verdict on a precedent-setting shadow trading case by the Securities and Exchange Commission (SEC) has underscored that the risk profile for stock trading among officers and directors of public companies, and potentially those in private firms, may have expanded. Specifically, this case revolves around so-called shadow trading, a behavior where a corporate…
In a recent bid to stave off the impending New York trial, the legal team representing Donald Trump filed several motions, some of which seem to bear striking similarities to templates previously used. This flurry of filings comes as former President Trump braces himself for trial, where he stands accused of fabricating business records to…
In a significant turn of events, a judge dismissed a challenge by the defense in the Second Roundup Verdict case unfolding in Philadelphia. The defendants had previously argued that the verdict was legally erroneous, a claim that has now been firmly struck down by the court. In response to this ruling, Kline & Specter partners…
Lead magnets can serve not only to build trusted relationships with potential clients, but also to showcase the significant legal expertise your firm possesses. Above the Law recently featured an article outlining how lead magnets fit into an overarching digital marketing strategy for law firms and emphasized the crucial role of landing pages. Within the…
Welcome to today’s roundup of important legal news relevant to lawyers, law firms and corporate legal professionals. Todd Blanche, a former partner at Cadwalader and a registered New York Democrat, has switched gears to represent Donald Trump as a Florida Republican running his own firm. Interestingly, with Cadwalader’s blessing, Blanche had in recent years represented…
Welcome to the latest legal news. As the landscape of global legal practice ever-evolves, many U.S. law firms have begun considering expansion into Middle Eastern territories, according to individuals knowledgeable about the market. Firms such as Skadden Arps Slate Meagher & Flom, K&L Gates, and Akin are showing interest in Saudi Arabia particularly, in light…
Clients often trust that capable lawyers will have the most significant impact on a court, especially through presenting persuasive arguments that advocate for their position. This theory stands true when a court has sufficient time to thoroughly examine all evidence and ponder over every argument made. Consequentially, the party that puts forth the most convincing…
When it comes to artificial intelligence (AI) adoption in the major legal powerhouses of the United States and the European Union, we might find contrasting perspectives. As we delve into the various approaches and regulations surrounding AI, a stark disparity emerges in how attorneys in the US and EU are embracing this technology. As AI…
As the English Premier League contemplates whether to approve the sale of Everton FC, a financier has launched legal action against the enterprise heading up the purchase. The following day, a motion characterized the lawsuit as a ‘sham pleading,’ was submitted to the state court of Miami. Defendants, Joshua Wander and 777 Partners LLC, are…
Fast Company’s annual ranking of the world’s most innovative companies this year includes 606 organisations with diverse specialisations. Intriguingly, only four of these are from the legal technology industry. The esteemed publication highlights these companies as pioneers in their fields, driving transformation through innovative practices. The high bar for consideration includes not just evidence of…
In an industry not traditionally known for its innovative zeal, legal technology companies, or legal tech as commonly referred, are driving change and modernization. The annual ranking published by Fast Company attests to this fact with four legal tech companies being included in their selection of the most innovative enterprises globally. Fast Company’s innovative business…
As globally acknowledged legal experts, we’re all aware of the significance of the pivotal Dobbs case. The reverberations of its outcome are still being felt and the consequences are permeating the fabric of legal discourse, particularly concerning reproductive freedom. A poignant statement that encapsulates the inherent complexities comes from none other than retired Supreme Court…
Kilpatrick Townsend & Stockton has appointed Wab Kadaba as the firm’s new chair-elect, taking over the reins after serving as chair of the intellectual property department for over a decade. Kadaba will succeed Henry Walker, who assumed the role of a managing partner in 2012 and became chair in the following year. Walker, in his…
In news from the world of collegiate sports, Dartmouth’s refusal to negotiate with its newly unionized basketball team showcases an extreme Ivy League stance. This rejection of dialogue suggests significant disputes ahead between the institution and its athletic workforce. Full details can be found in this Bloomberg Law News report. In a chilling checklist of…