Cadwalader Talks Merger With Alston & Bird, Hires Davis Polk

Cadwalader Wickersham & Taft is discussing a merger with Alston & Bird and has hired Davis Polk & Wardwell to advise on a merger deal.

Florida Court Suspends Klayman, Complicating Work With Loomer

Larry Klayman, the founder of Judicial Watch, has been suspended for two years by the Florida Supreme Court for violating conflict rules, including by representing clients opposed to his former organization.

Bankruptcy Trustee Settles Legal Fees With Tom Girardi’s Brother

The bankruptcy trustee for Girardi Keese struck a settlement with Tom Girardi’s brother resolving a fight over fees from cases he worked on after leaving the law firm.

Perplexity AI Top Lawyer Bristles at Reddit, Amazon Litigation

Perplexity AI’s legal chief Nathan Barksdale says the $20 billion startup won’t be “bullied” by the wave of copyright lawsuits hitting the artificial intelligence industry, a defiant stance that extends beyond intellectual property battles to fights with established tech giants including Amazon.

Surveyed Lawyers Weigh In On Trump Deals, Tariffs, AI

The fall State of Practice Survey highlights findings from more than 750 attorneys and legal professionals who answered timely industry questions about the effect of executive orders, generative AI, tariffs, and more on their day-to-day work. Download the report and dig into the data now.

Latest Stories

VIDEOS

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Every Law Firm Should Build Their Own AI, Yale Professor Says

Wachtell Has Its Fingerprints All Over Delaware Law Changes

King & Spalding 2,400 Hour Rule Is Just the Norm, Recruiter Says

Ex-Skadden Partner Talks Taking on Trump With New Solo Firm

Bloomberg Law M&A League Tables

Latham & Watkins topped Wachtell and Kirkland & Ellis to lead the Bloomberg Law league tables through the third quarter.

Latham, Wachtell Lead M&A Dealmakers as Mega Boom Boosts Firms

Latham & Watkins strengthened its grip on the top spot among Big Law’s M&A advisers in a third quarter boosted by record large deals.

Lessons from Dewey & LeBoeuf: A Cautionary Tale for Law Firms Facing Partner Exits

In a gripping look back at the collapse of Dewey & LeBoeuf, Steven Davis shares his perspective on the factors that led to the firm's downfall, highlighting the dangers of financial instability and cultural discord. When law firms face significant partner departures, this story serves as a stark reminder of the challenges of navigating turbulent times.

From Across Bloomberg Law

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Altman Says OpenAI Doesn’t Want a Government Bailout For AI (1)

OpenAI Chief Executive Officer Sam Altman pushed back at the idea that the company would seek federal guarantees to reduce the risk of its AI infrastructure spending spree, one day after a top executive at the ChatGPT maker suggested there may be a role for the government to help finance the technology.

Social Media Giants Must Stand Trial on Addiction Claims (2)

Meta Platforms Inc., ByteDance Ltd., Alphabet Inc. and Snap Inc. must face trial over claims that they designed social media platforms to addict youths, a judge ruled, clearing the way for the first of thousands of cases to be presented to juries.

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