While recent months have been busy in terms of Chapter 11 petition totals, a closer look reveals that actual Chapter 11 activity has been relatively steady all year. Affiliate filings can obscure actual caseloads, as this year has demonstrated.

Speakers at the 2022 SOLID event in New York offered insights into the now and next of Legal Operations, the legal industry, and the future of work. We dive into the most impactful messages from the summit.

Business Roundtable commitments and public benefit corporation conversions have led to speculation that shareholder primacy would soon be replaced with increased stakeholder consideration. Although those speculations didn’t fully materialize, shareholder proposals that incorporate shareholder primacy as well as ESG issues are revealing the cracks in the status quo.

The UK is looking for ways to change the London Stock Exchange listing rules to attract more IPOs. The Nasdaq and the NYSE in the US have greatly outperformed the LSE. Will new rules close the gap?

Using a UN-affiliated NGO to funnel bribes to foreign officials did not shield the NGO’s president and his assistant from FCPA and money laundering prosecution.

With lots in flux, the incentives for rolling the dice with the “riskiest” mergers might be on the upswing. And it has regulators grumbling. Assa Abloy’s Spectrum Brands deal is the latest to gamble on litigating with DOJ.

Most attorneys believe their firm is missing the mark in how it compensates first-year associates—but they’re split on whether that compensation is too high or too low. Bloomberg Law survey results show that those who say first-years make too much are partners or work in large firms.