Insurer’s Dispute Trips Up Big Names in Litigation Finance Deals

Policyholders say Oxford Risk Management deceived them in a bid to avoid a downgrade to its credit rating. The coverage policies, worth more than $1 billion, were insured through captive insurance, a nontraditional structure in which policyholders essentially form their own insurance company. The disputes offer a window into how such funding backstops might go awry.

Some California February Bar Takers Can Get Provisional Licenses

First-time takers who failed California’s February bar exam can practice law under an attorney’s supervision, the state Supreme Court ruled Wednesday.

Kirkland Debt Architect Sees Creditor Pacts as ‘Anticompetitive’

Kirkland & Ellis debt finance partner David Nemecek, who represents companies and their owners in many of the market’s biggest debt overhauls, warned that a popular tool allowing creditors to band together for greater negotiating leverage against borrowers could be illegal.

Ohio to Examine ABA Law School Accreditation Amid GOP Criticism

The Ohio Supreme Court is forming a group to review the accreditation process of law schools in the state, becoming the latest to express an interest in alternatives to the nationwide process helmed by the American Bar Association.

Big Law’s Next Crypto Bonanza Beckons With New Wave of IPOs

Disputes and restructuring lawyers are giving way to deal teams as crypto companies look to move on from controversy and toward growth.

Latest Stories

Paul Weiss Post-Trump Deal Exits: Catastrophe or Set Back?

Numerous of its high profile attorneys have announced their departures from Paul Weiss, many in direct response to the pro bono deal it struck with the Trump administration to avoid a punitive executive order. But on today’s episode of our podcast, On The Merits, Bloomberg Law reporters Roy Strom and Justin Henry explain why this is a setback for Paul Weiss, but not a catastrophic one.

VIDEOS

  • From Kirkland to Paul Weiss: The Rise of the Non-Equity Partner

    Feb 25, 2025, 3:39 PM UTC

  • The Ground-breaking Life and Career of Big Law's First Black Chair

    Feb 21, 2023, 3:55 PM UTC

  • The Billable Hour: Why Big Law Just Can't Quit It

    Nov 15, 2022, 2:25 PM UTC

  • Big Law's Big Paychecks: Partner Compensation, Explained

    Oct 20, 2021, 4:15 PM UTC

Trump Orders Could Implode Law Firms With Frightening Speed

Trump's Attacks on Firms Scramble Law Students' Career Paths

Skadden Is Heading Down a 'Craven Path,' Associate Says

If Trump Keeps Defying Courts, What's the Endgame for Judges?

Bloomberg Law M&A League Tables

Kirkland Strengthens Grip on Shifting M&A Deals Leaderboard

Kirkland & Ellis retained its crown as Big Law’s top mergers and acquisitions adviser in 2024, nabbing several of the largest transactions of the year.

Steven Davis and the Rise and Fall of Dewey & LeBoeuf

On May 28, 2012, Dewey & LeBoeuf, the product of a merger between two storied New York law firms, filed for bankruptcy. For the first time, Dewey's former chair Steven Davis opens up about the years, months, and weeks leading to his firm's collapse, the decisions he made and, looking back, whether he would have done anything differently.

From Across Bloomberg Law

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