KPMG Looks to Beat Big Law at AI by Leveraging Size and Capital
KPMG sees an opportunity to grow its legal business by outspending major law firms on artificial intelligence tools.
Private Credit Lawyers are Bullish on Alternative Market Future
Demand for private credit deals is likely to remain strong as banks look to get in on alternative lending, according to lawyers at Akin Gump Strauss Hauer & Feld.
Davis Wright Tremaine Searches for New Leader After Abrupt Exit
Davis Wright Tremaine is forming an internal search committee to look for its next leader after its managing partner stepped down from the position in a surprise move.
Kirkland Seeks Sanctions, Dismissal of Judge Romance Suit
Kirkland & Ellis moved to toss a lawsuit alleging it knew of a former Texas bankruptcy judge’s secret romantic relationship with a local attorney and wants its accuser and his lawyers slapped with sanctions.
Uber’s Top Lawyer Gets $10 Million in Pay After Profitable Year
PRACTITIONER INSIGHTS
View More InsightsLatest Stories
Nvidia Unveils Successor to Its All-Conquering AI Processor
Wake Up Call: UK Judges Are Being Disciplined by the Hundreds
Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.
Employers Want to Pay Medicare Prices to Cut Health-Care Costs
Employers that directly pay their employees’ health claims are increasingly pegging the prices to Medicare to rein in out-of-control costs, though in some cases hospital systems are pushing back by balance-billing the plan participants.
BIPA Settlement Could Spur Defendants to Take Cases to Trial
A landmark federal settlement resolving an Illinois Biometric Information Privacy Act case could lead to more companies taking their cases to trial, lawyers said.
Kyrgyzstan Native Makes Supreme Court Debut in Free Speech Case
Anya Bidwell is arguing before the US Supreme Court for the first time on behalf of Sylvia Gonzalez who is fighting to sue the mayor, police chief, and a special investigator in Castle Hills after she was allegedly arrested for trying to oust the city manager.
Biden Housing Tax Credit Targets Demand, but Supply Is the Issue
Columnist Andrew Leahey says housing tax credits should be reformed to incentivize both builders and buyers.
Adani Calls Report on Bribery Probe by US Prosecutors False
Adani Group companies haven’t received any notice from the <-bsp-bb-link state="{"bbHref":"bbg://securities/4131761Z%20US%20Equity","_id":"0000018e-5427-d509-adee-5df79d730000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Department of Justice-bsp-bb-link> regarding a probe into whether the Indian conglomerate may have engaged in bribery, according to exchange filings.
SEC Blasted by Judge for ‘Gross Abuse of Power’ in Crypto Case
A federal judge in Utah took the extremely unusual step of sanctioning the <-bsp-bb-link state="{"bbHref":"bbg://securities/13165Z%20US%20Equity","_id":"0000018e-5445-d509-adee-5dd546400000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Securities and Exchange Commission-bsp-bb-link>, saying that the regulator abused its authority in a case against crypto platform Digital Licensing Inc., known as DEBT Box.
Trump Loses Bid to Block Porn Star Testimony in Hush-Money Case
Big Law's Big Paychecks: Partner Compensation, Explained
Law firm partners in Big Law earn a lot of money, but just how much they make can vary widely. Whether it's equity or non-equity or merit versus lockstep, this video explains what goes into determining the size of those paychecks at elite law firms.
Columns + Commentary
- Roy Strom Big Law Business
Insurance on Quinn Emanuel’s Huge Award Has Strings Attached
- Roy Strom Big Law Business
Judges Start at the Beginning After Leaving Bench for Big Law
- David Lat Exclusive Jurisdiction
AI Use in Law Practice Needs Common Sense, Not More Court Rules
- Brittany Johnson Stated Differently
I’m Glad I Didn’t Listen to the Warnings Before I Moved In-House
From Across Bloomberg Law
- Crypto News
- Environmental, Social & Governance (ESG)
- Privacy & Data Security Law News
- The United States Law Week
Matt Levine’s Money Stuff: Slorg Is Sorry Slerf Was Burnt (Correct)
Crypto knowledge, FTX image rehab, the Elon Musk theory of corporate governance, meme stock governance, AI washing and wine dinners.
Exchange Investigates Flash Crash That Sent Bitcoin to $8,900
Crypto exchange <-bsp-bb-link state="{"bbHref":"bbg://securities/1488640D%20SJ%20Equity","_id":"0000018e-56a8-d509-adee-5ff988040000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">BitMEX-bsp-bb-link> said it is investigating unusual trading activity, including possible misconduct, that led to a flash crash in Bitcoin on its platform yesterday.
Robinhood Rolls Out App in UK, Pauses Margin Lending Plan (1)
US Lawmakers Reach Deal to Keep Government Open Through Sept. 30
Congressional leaders and the White House reached a handshake deal to fund the US government through Sept. 30, according to people familiar with the negotiations, after six months of bitter ideological clashes delayed finishing an annual spending plan.
Binance Tasks Prime Brokers With Checks to Root Out US Investors
<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"0000018e-560f-d509-adee-5fdf811a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance-bsp-bb-link> has asked prime brokers to run more stringent checks to keep US investors off the crypto exchange in the fallout from last year’s plea deal with the nation’s authorities, people with knowledge of the matter said.
SEC Blasted by Judge for ‘Gross Abuse of Power’ in Crypto Case
A federal judge in Utah took the extremely unusual step of sanctioning the <-bsp-bb-link state="{"bbHref":"bbg://securities/13165Z%20US%20Equity","_id":"0000018e-5445-d509-adee-5dd546400000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Securities and Exchange Commission-bsp-bb-link>, saying that the regulator abused its authority in a case against crypto platform Digital Licensing Inc., known as DEBT Box.
PODCASTS
War in Ukraine and Life-or-Death Choices for Big Law
Big Law's Addiction to 'Prestige' Numbed by Pandemic (Podcast)
Want to Diversify Big Law's Pipeline? Start With Law Schools
Can Big Law Get It Right for Black Lawyers?
EXPLORE BLOOMBERG LAW
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: