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Paul Weiss Houston Launch Stalled as Top Rival Partners Stay Put

Paul Weiss has been stymied in its effort to open a Houston office, as top equity partners at rival firms spurned recruitment efforts.

Zimmerman Reed Loses Mass-Arbitration Effort Against L’Occitane

Zimmerman Reed LLP won a battle but lost the war in its effort to force L’Occitane Inc. to arbitrate 3,144 individual privacy claims brought by the law firm’s clients over the cosmetics firm’s alleged sharing of their information with Google Inc. and other third parties.

Litigation Finance Industry Group Director Leaves for FTC Role

The executive director of the International Legal Finance Association is leaving the trade group for a role as chief of staff to the new Republican commissioner at the Federal Trade Commission.

Fraudster’s Appeal Over Pro Se Representation, Competency Fails

A Louisiana man lost an appeal seeking to undo his fraud convictions after Fifth Circuit said there was no problem with the district court’s decision to allow him to represent himself at trial.

Ex-Moody’s Counsel Admits to Not Filing Taxes on $54 Million

The former general counsel for Moody’s Corp. pleaded guilty to willfully failing to file federal income tax returns over four years, during which he earned more than $54 million, federal prosecutors said Friday.

Latest Stories

Workday AI Bias Case Tests EEOC Definition of Employment Agency

The EEOC’s decision to file a brief in support of a plaintiff who alleged Workday Inc.’s artificial intelligence-based hiring tools discriminated against him and other job seekers has sparked widespread skepticism about the agency’s position that software vendors, rather than just employers, can be liable in these bias cases.

Billionaire Geiger Said to Near $7 Billion L’Occitane Buyout

<-bsp-bb-link state="{"bbHref":"bbg://securities/973%20HK%20Equity","_id":"0000018f-287f-d583-afbf-eaff0cf70000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">L’Occitane International SA’s billionaire owner <-bsp-person state="{"_id":"0000018f-287f-d583-afbf-eaff0cf70001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Reinold Geiger is close to making an offer to take the skin-care company private, according to people familiar with the matter, in a deal that could value the firm at about $7 billion including debt.

Redstones, Ellison Seek to Appease Angry Paramount Investors

The Redstone family and independent film producer <-bsp-person state="{"_id":"0000018f-2789-d583-afbf-e7ddeafa0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">David Ellison have both offered concessions to make a possible change in control at <-rte-company state="{"_id":"0000018f-2789-d583-afbf-e7ddeafb0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Paramount Global more appealing to the company’s other investors, according to a person familiar with the talks.

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.

From Across Bloomberg Law

Crypto News Environmental, Social & Governance (ESG) Privacy & Data Security Law News The United States Law Week
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Circle’s USDC Takes Lead in Stablecoin Transactions, Visa Says

<-bsp-bb-link state="{"bbHref":"bbg://securities/0890888D%20ID%20Equity","_id":"0000018f-2962-d583-afbf-ebfe607b0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Circle Internet Financial’s stablecoin has this year overtaken Tether’s as the market leader in transaction volume, according to data compiled by Visa Inc.

Bitcoin ETF Fad Heads to Australia After $53 Billion Haul in US

Australia is set for a wave of Bitcoin exchange-traded fund launches, following in the footsteps of the US and Hong Kong, as issuers like <-bsp-bb-link state="{"bbHref":"bbg://securities/0357289D%20US%20Equity","_id":"0000018f-28e3-d583-afbf-eaffb7730000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Van Eck Associates Corp. and <-bsp-bb-link state="{"bbHref":"bbg://securities/3664295Z%20AU%20Equity","_id":"0000018f-28e3-d583-afbf-eaffb7730001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">BetaShares Holdings Ptyline up for listings.

Bored Ape Creator Yuga Labs Dismisses Employees in Restructuring

<-bsp-bb-link state="{"bbHref":"bbg://securities/1988609D%20US%20Equity","_id":"0000018f-1c02-d583-afbf-dede0b050000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Yuga Labs Inc., the developer of the popular Bored Ape Yacht Club nonfungible token collection, is letting go of an unspecified number of employees as it undergoes restructuring.

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?