Litigation Funders Fight 41% Tax in Senate Bill, Warn of Harm

Litigation funders are mobilizing to strip a provision from the Senate version of President Donald Trump’s “big, beautiful” bill that would discourage lawsuit investments.

The Mysterious Forces Behind Anti Litigation Finance Ad Blitz

Bloomberg Law reporter Emily R. Siegel wrote a story about some mysterious podcast ads, which call for tighter restrictions on third parties who fund lawsuits in exchange for a cut of any awards they generate. The ads failed to disclose who was behind them and were quickly pulled after Siegel started asking questions about them. Siegel joins our podcast, On The Merits, to talk about the stakes of this anti-litigation finance legislation and why conservative and big business groups oppose the practice so strongly.

Labor Watchdog Probing Data-Sharing Pacts With Plaintiffs’ Firms

An internal US Labor Department watchdog is investigating the department’s use of secret information-sharing agreements with plaintiffs’ law firms following Republican criticism on Capitol Hill.

Masimo Fails to Disqualify Law Firm on Ousted Founder’s Team

Hueston Hennigan LLP may continue representing the ousted founder of Masimo Corp. in a lawsuit brought by the medical equipment company over the terms of his employment agreement, a Delaware judge ruled Tuesday.

Paul Weiss Bleeds More Partners to Spinoff Firm Dunn Isaacson

Two more senior attorneys at Paul Weiss Rifkind Wharton & Garrison have left to join a boutique litigation firm that was founded by a set of ex-Paul Weiss partners.

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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.

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