Corporate Law

There’s an ‘urgent need’ to support female lawyers with children, new ABA report shows

Mothers are far more likely than fathers to encounter negative experiences at work, including disparaging comments, lower compensation and fewer advancement opportunities, according to a new ABA report released Wednesday that assesses how the motherhood penalty and other caregiver bias impacts female lawyers.

Oct 25, 2023 9:34 AM CDT

How generative AI is already changing contract review

The potential is there for lawyers to save tons of time when it comes to contract drafting, review and analysis. And as the technology continues to improve, who knows what it might be capable of?

Oct 18, 2023 8:10 AM CDT

Bankruptcy judge resigns after ethics complaint alleges undisclosed ‘intimate relationship’ with lawyer

A bankruptcy judge in Houston has resigned after an ethics complaint alleged that he had an “intimate relationship” with a lawyer who financially benefited from cases before him.

Oct 16, 2023 9:54 AM CDT

Judge in Bankman-Fried trial prods defense lawyers on repetitive questions, appears irritated

A judge overseeing the criminal fraud trial of FTX founder Samuel Bankman-Fried has told defense lawyers multiple times to stop repeating themselves, telling one of them in a sidebar that he doesn’t have to "set a record for the longest trial."

Oct 13, 2023 9:05 AM CDT

Texas bankruptcy judge questioned over relationship with local lawyer

A Texas bankruptcy judge has acknowledged being in a romantic relationship with a lawyer whose former law firm brought major cases before him.

Oct 11, 2023 12:29 PM CDT

Transform your negotiations with a ‘win-win-win’ mindset, says author

An author and associate professor of conflict resolution proposes that we can and should adapt our framing to encompass a “win-win-win” mentality. “A win-win-win model requires paying attention to those usually not at the negotiation table.”

Oct 11, 2023 8:14 AM CDT

BigLaw firm’s suit seeks recruiter refund for lateral partner who soon left

Foley & Lardner alleges that legal recruiter Mark Bruce International Inc. failed to refund a recruiting fee as required by a contract provision governing lateral hires who don’t work out.

Oct 5, 2023 8:49 AM CDT

Did Trump lawyers flub by failing to request jury trial in civil fraud case?

Former President Donald Trump has told reporters that it was “very unfair” that he didn’t have a jury trial in the civil fraud case alleging that he inflated the value of his properties in statements to insurers and banks.

Oct 4, 2023 10:36 AM CDT

Trump’s social media post about law clerk leads to gag order

The trial judge hearing the civil fraud case against former President Donald Trump drew the line Tuesday after learning of a social media post targeting his law clerk that included her photo and her name.

Oct 3, 2023 3:47 PM CDT

The goal of DEI is not without legal risk for corporate America

Implementing DEI-related goals can be challenging, as institutions—including law firms across the country—attempt to change their cultures from within. The move is also not without potential legal risks, as several U.S. corporations have learned.

Oct 1, 2023 2:10 AM CDT

Did Polsinelli violate $14M flat-fee deal to provide ‘legal counsel’? 3rd Circuit rejects claim

A federal appeals court has refused to revive a lawsuit claiming that Polsinelli breached a flat-fee agreement to provide “legal counsel” by sending work covered by the agreement to another law firm that billed Polsinelli’s client for its trial work.

Sep 28, 2023 12:30 PM CDT

Proskauer settles suit claiming 1 contract clause caused client’s $636M loss

Proskauer Rose has settled a lawsuit claiming that a clause that the law firm added to a contract in a “botched cut-and-paste” caused a client’s losses of around $636 million.

Sep 27, 2023 11:21 AM CDT

Judge rips lawyers for ‘egregious’ repetition in opinion finding Trump liable for inflating finances

A New York state judge ruled in a civil lawsuit Tuesday that former President Donald Trump inflated the value of his property in fraudulent statements provided to lenders and insurers.

Sep 27, 2023 9:10 AM CDT

Judge sanctions Buchalter over $147K for ‘unsupported arguments’ and misleading assertions

A federal judge in Seattle has ordered Buchalter to pay more than $147,000 to its opponents for prolonging discovery through "unsupported arguments" and false or misleading assertions in litigation.

Sep 26, 2023 2:42 PM CDT

‘I see legal finance moving into ubiquity,’ says litigation funding company co-COO

Ari Kaplan recently spoke with David Perla, the co-chief operating officer at Burford Capital, a litigation funding company and a leading provider of legal finance.

Sep 25, 2023 8:18 AM CDT