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The Fifth Circuit on Wednesday vacated U.S. Securities and Exchange Commission regulations that would have required private fund advisers to provide detailed disclosures to investors, in a sweeping decision that could upend the regulator's approach to promised rules on climate, artificial intelligence and crypto assets.
Many legal technology providers have boasted that their generative artificial intelligence tools were incapable of "hallucination." That illusion shattered in May when an academic study, originally criticized and eventually revised, reported alarming rates at which some industry tools produce false or misleading information.
Top rulemaking gatekeepers for the federal judiciary Tuesday capped off seven years of strife in the defense and plaintiffs bars by backing a milestone measure aimed at optimizing multidistrict litigation, and then promptly greenlighted an entirely different war of words over new efforts to ferret out amicus briefs from "paid mouthpieces" masquerading as independent experts.
Construction and development company Skanska this week said it has promoted one of its attorneys to lead the legal department at Skanska USA Building Inc., following the recent move of its former general counsel to president.
Adam Epstein, the longtime general counsel of adMarketplace who became co-CEO in March, has filled his vacated position with a senior attorney from Walmart Inc.
Corporate lawyer and former general counsel Edward Schauder worked over 30 years trying to get sports fans and pro baseball's brass to pay attention to great Negro League players of the past. Now, he's got their attention.
Generative artificial intelligence company Zapata Computing Holdings Inc. has hired as its general counsel an attorney with prior in-house experience at other technology companies who also formerly worked at Covington & Burling LLP.
Jazz Pharmaceuticals' chief legal officer, who's been with the company since 2019, earned nearly $4 million in compensation last year, according to a recent U.S. Securities and Exchange Commission filing.
Quinn Emanuel Urquhart & Sullivan LLP's latest lateral hire is an experienced antitrust attorney who brings decades of BigLaw, government and in-house experience to the role of co-chair of the firm's antitrust and competition practice.
Jones Day, Littler Mendelson PC and Ogletree Deakins Nash Smoak & Stewart PC head BTI Consulting Group's annual list of law firms with the most "all star" attorneys, with each having seven attorneys highlighted by in-house leaders for their service to clients.
The Fifth Circuit on Monday seemed torn over whether it should "split hairs" between religious conduct and religious belief as it weighed whether to uphold a Southwest flight attendant's win in a wrongful termination suit over graphic anti-abortion messages she sent her union president.
TikTok and parent company ByteDance picked a former Warner Bros. top lawyer to be its next global general counsel, the company said Monday, after the most recent leader in the position stepped down to fight a new federal law affecting the social media giant.
Foley & Lardner LLP has hired SoftBank Investment Advisers' former general counsel, who has over a decade of experience in private practice and serving as in-house counsel overseeing SoftBank's legal team, which structured and monitored more than 300 portfolio companies worth more than $130 billion.
As violence in Gaza rages on, law firms have vowed not to employ lawyers whose activism for Palestinian rights they deem unacceptable. But "unacceptable" is in the eye of the beholder, and that makes it difficult for law students and lawyers who advocate for a ceasefire to navigate the workplace and the job market.
SoFi Technologies Inc. has found its new top attorney in an experienced legal executive from JPMorgan Chase & Co. as SoFi's legal chief retires, the company said Monday.
Global beer, wine and spirits producer Constellation Brands' chief legal officer earned about $4.1 million total compensation for fiscal 2024, less than the prior year mostly because of fewer earnings from stock option awards, according to a Monday public filing.
Experienced in-house counsel Elena DiMuzio and Meg Pirnie Kammerud have launched a new boutique firm focusing on providing fractional general counsel and advisory services after serendipity brought the two attorneys together, practically in their own San Francisco backyards.
Michelman & Robinson LLP announced Monday that it has fortified its corporate practice with a partner in Dallas who boasts decades of international in-house experience, most recently as chairman of the board of Voyager Aviation.
A seasoned healthcare attorney who most recently was in related industry groups at Squire Patton Boggs LLP has gone in-house to lead the legal department at the United Network for Organ Sharing, the nonprofit organization said Friday.
What should law firms look for in a cyber insurance policy? A partner in Christian & Barton LLP’s healthcare and business law practice groups has some tips.
The top attorney for Laird Superfood Inc. is retiring after a little more than two years with the plant-based food products company.
A Sandberg Phoenix & von Gontard PC shareholder recently shared her experiences advancing as a woman at a law firm, and why businesses must create an inclusive workplace culture.
Justice Neil Gorsuch recently sat down for a keynote conversation during the 25th annual Burton Awards in Washington, D.C., where he reflected on his approach to writing opinions, his originalist method to interpreting the Constitution and the civility that exists between his fellow justices.
Consumers have asked a federal judge to sign off on their $197 million class action settlement with Visa and Mastercard over claims the companies conspired with banks on ATM access fees. And Microsoft's President Brad Smith is going to tell Congress about what the company is doing to upgrade cybersecurity, including linking executive pay to it.
A former in-house lawyer at insurance giant Allstate has agreed to settle his dispute with the company alleging he was wrongfully fired because his doctor said he could no longer work on trials because of heart issues.