• Cooley has taken the lead advising Snap Inc. on its $33 billion initial public offering and could earn as much as $1.8 million in fees and expenses as the California tech company cashes in on Snapchat’s popularity. ( The Recorder ) Snap’s successful launch could inspire tech companies to try the same trick. ( New York Times DealBook )
• Attorney General Jeff Sessions’ sudden decision to recuse himself from election-related Russia probes eased some of the political pressure that was building around his two meetings with the Russian ambassador. But the nation’s top law enforcement officer now will be mostly sidelined ...