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Wake Up Call: US Searches for Bankruptcy Lawyers Hits Record

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

Palantir Says Rival CEO Tried to ‘Pillage’ Its Developers

The co-founder of what Palantir Technologies Inc.calls a copycat competitor allegedly said in a text message that he was “down to pillage the best devs at palantir” for his startup AI firm, just weeks after leaving the company.

Senate Passes Bill to Hike Chapter 7 Earnings, Extend Judgeships

Legislation passed by the US Senate would increase fees that Chapter 7 bankruptcy trustees earn per case, increase Chapter 11 fees, and extend the terms of temporary bankruptcy judges.

Disney Licenses Characters to OpenAI, Takes $1 Billion Stake

Walt Disney Co. is licensing iconic characters including Mickey Mouse and Cinderella to OpenAI for use on its artificial intelligence video platform and has agreed to take a $1 billion stake in the startup.

OpenAI, Microsoft Sued Over Murder-Suicide Blamed on ChatGPT

OpenAI and its investor Microsoft Corp. were sued over a Connecticut murder-suicide in the latest case to blame the popular ChatGPT chatbot for dangerous psychological manipulation of users.

Wake Up Call: Judge Refuses to Step Away From Fake Elector Case

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

Law Firms Eye Mergers With Lackluster Demand Growth, Citi Finds

Modest demand for legal services and ballooning costs points to more industry consolidation in 2026 after dozens of law tie-ups were completed this year, Citigroup Inc. has found.

Ex-Twitter Workers Can Dismiss Appeal of Severance Case

Former employees at Twitter who sued the company after they were laid off amid Elon Musk’s take over of the social media platform can proceed with voluntarily dismissing their appeal, the Ninth Circuit said Wednesday.

Florida Lawyer Blasted for Not Signing Own AI-Gaffe Apology

A Florida lawyer is being referred to ethics officials for possible sanctions after using inaccurate artificial intelligence-generated citations in a brief, and then having another member of her legal team submit the apology response on her behalf.

Wake Up Call: Paul Weiss Carries On in Proud Boys Church Case

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

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VIDEOS

From Kirkland to Paul Weiss: The Rise of the Non-Equity Partner
Feb 25, 2025, 3:39 PM UTC
An Emoji Is Worth a Thousand Words, Also a Risk of Litigation
Dec 14, 2023, 3:02 PM UTC
ChatGPT and Generative AI Are Hits! Can Copyright Law Stop Them?
Jun 26, 2023, 3:15 PM UTC
The Billable Hour: Why Big Law Just Can't Quit It
Nov 15, 2022, 2:25 PM UTC