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Wake Up Call: Musk Says He Received Complaint From Twitter Legal

May 16, 2022, 12:45 PM

In today’s column, law firms’ overhead costs are soaring and likely to keep climbing, a report says; Latham is advising pop duo The Chainsmokers on an NFT partnership for their new album; the federal trial starts today of a former Perkins Coie partner accused of lying to the FBI in its Trump Russia probe.

  • Leading off, days after throwing into doubt his $44 billion deal to buy Twitter, Elon Musk tweeted Saturday that the social media company’s legal team told him he violated a nondisclosure agreement. According to Musk, Twitter faulted him for revealing its methodology for calculating “spam, fake, and duplicate” accounts. (CNN)
  • Law firms’ recruiting and marketing expenses soared in this year’s first quarter and look likely to continue to climb. (American Lawyer)
  • Latham & Watkins is advising pop duo The Chainsmokers on a partnership in which the group will release nonfungible tokens that will let fans share streaming royalties from their new album. The music group is partnering with Royal, a startup that aims to give music artists alternative ways to connect with their fans. (Lw.com)

Lawyers, Law Firms

  • The federal trial of former Perkins Coie privacy and cybersecurity partner Michael Sussman begins today in Washington. Sussman, who was an attorney for Hillary Clinton’s presidential campaign, is accused of lying to the FBI during its investigation of alleged ties between Donald Trump and Russia in 2016. (Washington Post)
  • Former Boies Schiller Flexner managing partner, British-born Natasha Harrison, told the Financial Times that Boies founder, litigator David Boies, understood her decision leave to start her own firm. He’d done the same as a young lawyer. Harrison said her aim in starting a rival firm, Pallas Partners, was to shake up the “clubby” culture that pervades the British legal industry. (Financial Times)
  • Families of victims in the Miami Surfside condo disaster face an “extremely painful” process as they apply for their share of the nearly $1 billion settlement that was recently announced, lawyers said. (Miami Herald)

Laterals, Moves, In-house

  • Sidley Austin grabbed Akerman trial lawyers Larry Silverman and Dianne “Dee Dee” Fischer as partners in Miami in its litigation practice group. They’ll be joined by Akerman associates Ivan Feris and Carmen Ortega-Rivero; Bryan Cave Leighton Paisner in Paris recruited corporate and M&A partner Roland Monfort and his team, including counsel Alexandre Gelblat. Monfort was recently a partner at EY Société d’avocats and earlier was at Morgan Lewis & Bockius as its Paris managing partner. He also spent time at Weil Gotshal as partner. (BCLPLaw.com)
  • San Diego-headquartered civil litigation defense firm Tyson & Mendes added construction liability lawyer Griffith Hayes as a partner in Las Vegas. He was Nevada managing partner for Litchfield Cavo; Blank Rome added real estate attorney Avery Cummings in New York; Private equity firm General Atlantic hired fashion industry retailer executive Pablo Isla as a global senior adviser based in Europe. Isla, former group general counsel at Banco Popular, was recently CEO at Inditex Group, whose brands include Zara. (Businesswire)

To contact the correspondent on this story: Rick Mitchell in Paris at rMitchell@correspondent.bloomberglaw.com

To contact the editors responsible for this story: Chris Opfer in New York at copfer@bloomberglaw.com; Darren Bowman at dbowman@bloomberglaw.com