Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

Haynes Boone hired an energy company ex-chief legal counsel to help clients enter newly-open oil and mining markets in Venezuela.

The last lawyer who defended President Donald Trump’s attacks against law firms lost four times and fled to a MAGA think tank. If anyone can now salvage at least a partial win, it might be Abhishek Kambli.

AI is making alignment among departments a central priority for enterprises. The forces driving this shift are converging on general counsel, though the responsibility is naturally embedded in the role.

Law firms must realize that vibe coding can be the most direct form of product research for legal technology ever produced. What lawyers design themselves—and what they don’t bother building—is a novel way of discovering an unmet need.

The upcoming restitution hearing for convicted SafeMoon CEO Braden Karony will underscore the complexity, and importance, of a rigorous post-sentencing defense of while-collar clients.

The Labor Department injects states with apprenticeship money and a former OFCCP director gets tapped for a judgeship.

The growing use of artificial intelligence tools in retirement investing is creating new pitfalls for employers that sponsor plans and the fiduciaries that manage those assets, requiring them to meet their legal duties while navigating the changing technological landscape.

Lax federal oversight over the use of artificial intelligence in the workforce is pushing unions to negotiate safeguards in bargaining contracts, particularly when it comes to job protections and name, image, and likeness concerns.

The last lawyer who defended President Donald Trump’s attacks against law firms lost four times and fled to a MAGA think tank. If anyone can now salvage at least a partial win, it might be Abhishek Kambli.

AI is making alignment among departments a central priority for enterprises. The forces driving this shift are converging on general counsel, though the responsibility is naturally embedded in the role.

Law firms must realize that vibe coding can be the most direct form of product research for legal technology ever produced. What lawyers design themselves—and what they don’t bother building—is a novel way of discovering an unmet need.

Cyprus has decreased rates on cigars, heated tobacco and other tobacco-related products in a bid to get a tobacco excise bill approved by June, according to an amended bill seen by Bloomberg.

Executives of major Australian gas companies are facing Senate cross-examination this week as they battle a proposed tax on petroleum exports.

Disputes over New York’s climate laws and auto insurance are forcing the state’s Democratic governor and legislative leaders to miss yet another deadline to pass a state budget Monday, delaying action on their shared affordability agenda.

Practitioners who treat the 2025 federal tax law simply as a gift-wrapped expansion of qualified small business stocks are walking into real compliance risk. Practitioners who move quickly to address the statute’s measurement gaps now will have an advantage going forward.

Canada’s shift from a form-over-substance approach on transfer pricing to one more closely aligned with OECD standards means that multinationals doing business in the country will need to navigate the rules with care.

Iran expressed reluctance to send diplomats to Pakistan for a second round of peace talks after the US maintained its blockade of the Strait of Hormuz and seized an Iranian ship.

Executives of major Australian gas companies are facing Senate cross-examination this week as they battle a proposed tax on petroleum exports.

With US negotiators heading to Pakistan again to hash out a deal to either extend a ceasefire with Iran or the terms of a more enduring peace, the world again is pondering President Donald Trump’s deal-making prowess.

Erste Group Bank AG has reaped more capital relief from issuing significant risk transfers than any other major European bank, according to CreditSights estimates.

The last lawyer who defended President Donald Trump’s attacks against law firms lost four times and fled to a MAGA think tank. If anyone can now salvage at least a partial win, it might be Abhishek Kambli.

AI is making alignment among departments a central priority for enterprises. The forces driving this shift are converging on general counsel, though the responsibility is naturally embedded in the role.