Wake Up Call: Big Law Advises in Intuit, Credit Karma Deals

In today’s column, several more law firms matched the Cravath standard for year-end bonuses; a new study advises law firms to avoid diversity programs that suggest female lawyers require special treatment; three Big Law firms are advising on ViacomCBS’s $2.175 billion sale of publishing business Simon & Schuster to Germany’s Bertelsmann.

• Leading off, several firms advised in a divestiture deal that allowed Intuit Inc., the Latham & Watkins-client software company behind TurboTax, to win U.S. antitrust approval for its $7.1 billion takeover of personal finance website Credit Karma Inc. The Justice Department on Wednesday said it was clearing the ...