Paul Weiss Ties to Tisch Family Cited in Malpractice Allegations

Paul Weiss placed a priority on its relationship with the wealthy Tisch family over its obligation to a former client, that ex-customer of the law firm alleges in a lawsuit filed Thursday.

Judge Finds ‘Legal Boss’ Who Solicited Tricolor Clients in Contempt

The judge overseeing the bankruptcy of auto dealer Tricolor Holdings found a man with a history of fraud in contempt for the unauthorized practice of law, comparing his tactics in soliciting immigrant victims to characters in the TV series “Better Call Saul” and “Seinfield.”

Attorneys’ Fees Nixed in Abandoned Kroger-Albertsons Merger Suit

The Ninth Circuit on Thursday affirmed the denial of attorneys’ fees for plaintiffs who fought to break up the planned—and later abandoned—$24.6 billion merger between US grocers Kroger Co. and Albertsons Cos.

Big Law Recruiting Push Takes Toll on Students, Survey Says

Big Law’s aggressive recruiting of first-year law students is distracting them from their studies and hurting their mental health, the head of a legal professional group said, citing survey results.

US Judge Ross Apologizes for ‘Harmful, Offensive’ Behavior

An Atlanta federal judge who had an affair in her chambers sent her former clerks revised apology letters acknowledging her “harmful, offensive, and unprofessional behavior,” hours after a media report that she sent three-line letters that didn’t address her conduct as required by the judiciary.

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Bloomberg Law M&A League Tables

Sullivan & Cromwell Snags Top M&A Spot in Rankings Shakeup

Elon Musk and OpenAI fueled a shakeup in Big Law’s top M&A advisers during the first quarter as deals activity reached a record high and private equity’s biggest players slid.

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.

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CFTC Sues New Mexico Over Sports Prediction Market Crackdown

The US agency charged with overseeing derivatives trading sued New Mexico, adding to a slew of Democratic-led states the federal regulator has brought to court in its campaign to assert exclusive authority over the burgeoning prediction market industry.

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