Wilson Sonsini Leader to Step Down After Decade-Plus at Helm

Wilson Sonsini Goodrich & Rosati tapped two partners to lead the firm as longtime Managing Partner Douglas Clark prepares to exit.

DOJ Demotes Virginia Criminal Chief as It Mulls Comey Case

The Justice Department demoted a veteran criminal chief in the Eastern Virginia office that’s weighing key decisions in dismissed cases against two of Trump’s perceived enemies, people familiar with the move said.

Nike Finds Third Circuit Open to Axing $5 Million Fees Again

Nike garnered some support from Third Circuit judges to again undo a $5 million attorney fees award in a case that found the athletic-wear giant willfully infringed a “Cool Compression” trademark.

Confidentiality ‘Paramount’ When Leaving a Client, ABA Says

When lawyers aim to withdraw from a representation, they must maintain client confidentiality in all but rare circumstances, the American Bar Association says in a new ethics opinion.

LA Lawyer Sanctioned After Opposing Counsel Claims AI Misuse

A Los Angeles-based attorney accused of submitting a legal brief with AI-generated fabrications must cough up $7,500 and may need to answer to the California State Bar, a state appellate court ordered this week.

Latest Stories

Eleventh Circuit Rejects Broad-Based Minimum Sentence Reductions

When prosecutors file a motion to depart from a statutory minimum sentence based on a defendant’s substantial assistance, the extent of that assistance is all a district court can consider, the Eleventh Circuit said, tossing out two below-minimum sentences for fentanyl distribution conspiracy based on broader considerations.

VIDEOS

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

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Every Law Firm Should Build Their Own AI, Yale Professor Says

Wachtell Has Its Fingerprints All Over Delaware Law Changes

King & Spalding 2,400 Hour Rule Is Just the Norm, Recruiter Says

Ex-Skadden Partner Talks Taking on Trump With New Solo Firm

Bloomberg Law M&A League Tables

Latham & Watkins topped Wachtell and Kirkland & Ellis to lead the Bloomberg Law league tables through the third quarter.

Latham, Wachtell Lead M&A Dealmakers as Mega Boom Boosts Firms

Latham & Watkins strengthened its grip on the top spot among Big Law’s M&A advisers in a third quarter boosted by record large deals.

The $225,000 Starting Salary: How Big Law Associates Make Bank

Big law associates work long days to meet annual targets of around 2,000 billable hours. Why do they do it? The financial rewards are substantial: starting salaries at top tier law firms begin at $225,000 annually. And that's not including lucrative year-end and special bonuses. In this video, we explain the system at the heart of Big Law's big paydays for its junior lawyers.

From Across Bloomberg Law

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SEC Halts High-Leveraged ETF Plans in Warning Over Risks (3)

The US Securities and Exchange Commission has issued a flurry of warning letters to some of the country’s most prolific providers of high-octane exchange-traded funds, effectively blocking the introduction of products designed to deliver three and even five times the daily returns of stocks, commodities and cryptocurrencies.

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