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“It seems to us that, as an investor in Akorn whose shares’ value was affected by the merger and the mootness fees, Frank has a claim in common with the main action; how could it be otherwise?” Judge Frank Easterbrook wrote for the court.        

Both the DOJ and the SEC have made it clear that they will look at company BYOD policies when assessing how to resolve matters under their purview. To avoid pitfalls — and sanctions — counsel must take proactive steps to ensure proper preservation and collection of personal mobile data and verify that clients comply.        

“If I sound defiant, it’s because I am,” Jenn McCarron wrote. “I cannot and will not accept the status quo. The stakes are too high, and our industry will get left behind if we do.”        

In effect, the defendants’ cartel is a “per se unlawful restraint of trade” under state antitrust and competition laws, the complaint alleges.        

New York recruiter Sharon Mahn says that she intends to pursue the claim herself once it is released from her bankruptcy estate.        

“There have been many violent protests that have interfered with proceedings,” Justice Clarence Thomas said. “Has the government applied this provision to other protests in the past and has this been the government’s position throughout the lifespan of the statute?”        

Eric Topel joined Patsnap this month from Nevada-based Socure. The Singapore-founded company raised $300 million from an investor group that included Japan’s SoftBank at a valuation topping $1 billion in 2021.        

“The skillsets we were developing as associates were largely transferable,” said Evan Meyerson, a former Paul Weiss associate who moved to Burford Capital. “A big part of litigation strategy is thinking about what the other side thinks about your case and the job at Burford is to think through these investments as a devil’s advocate.” […]

Fifty-four firms posted gross revenue of $1 billion or more in 2023, four more than in 2022. Ninety firms reported gains in gross revenue.        

VLex announced a major expansion of its Vincent AI platform with the launch of Document Analyze, a suite of generative artificial intelligence-powered tools to respond to litigation and transactional documents, and unveiled vLex Labs, an initiative through which the company will co-develop custom AI products with leading global law firms.