Gibson Dunn, Davis Polk Grab Roles in SpaceX’s Largest-Ever IPO

Gibson, Dunn & Crutcher is advising SpaceX on what could become the largest initial public offering in history, targeting a valuation of as much as $2 trillion. Davis Polk & Wardwell is guiding the underwriting banks, with Goldman Sachs securing the lead underwriter role.

SEC’s Peirce to Depart Wall Street Regulator for Law School Job

US Securities and Exchange Commission member Hester Peirce is set to depart the agency and join Regent University School of Law as an associate professor in November, according to a statement from the Virginia school.

Private Equity Outfit Scoops Up Another Injury Law Firm for MSO

Private equity firm Uplift Investors made its second public investment in the personal injury law space by partnering with Kentucky firm Hughes & Coleman.

Baker Donelson to Pay Nothing Over Timber Fraud, Jury Says

Law firm Baker Donelson doesn’t have to shell out for investor losses in a timber harvesting Ponzi scheme through its relationship to an attorney and a lobbyist it employed in Jackson, Miss., a jury said late Wednesday.

Conservatives Push Ex-Cruz Aide to Be Tapped for Federal Court

A group of conservatives took the unusual step of formally calling for attorneys to be nominated to federal judgeships in Texas.

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Even Cravath, Wachtell Must Now Fight 'the Talent Wars'

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Why Polsinelli Lawyers Won't Get Billing Credit for AI Training

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.

From Across Bloomberg Law

CryptoEnvironmental, Social & Governance (ESG)Privacy & CybersecurityThe United States Law Week
  • Crypto
  • Environmental, Social & Governance (ESG)
  • Privacy & Cybersecurity
  • The United States Law Week

Stablecoins Are Industrial Policy for the Dollar: Essay

The dollar has survived many obituary notices: the end of the gold peg, the rise of the euro, an American-made global financial crisis, China’s ascent and years of periodic talk of de-dollarization. The greenback remains at the center of global commerce, sitting on one end of almost 90% of transactions in the $9.6 trillion-a-day currency market. In second place? The euro, at 30%. Still, the almighty buck entered this decade looking less invincible, due in part to US fiscal deterioration and to the Biden administration’s sanctions on Russia after its 2022 invasion of Ukraine.

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