MSOs Land Big Money — and Big Scrutiny: Litigation Finance
As law firms use MSOs to attract investor cash, regulators are cracking down on structures that allow non-lawyers to influence legal work.
As law firms use MSOs to attract investor cash, regulators are cracking down on structures that allow non-lawyers to influence legal work.
Lawyers who possess information that they know is “reasonably likely” to cause a judge to be disqualified from a case must disclose what they know, the American Bar Association says in a new ethics opinion.
Sullivan & Cromwell has taken a dominant position in the AI market thanks to key lateral hires and an emphasis on data center transactions that propelled the law firm past all rivals in deals work.
A federal judge in Delaware issued a standing order on Tuesday mandating law firms disclose any non-lawyer ownership or investment.
A California bill that prohibits private equity firms, hedge funds, and other corporate investors from directing or influencing the practice of law advanced to the state senate on Monday.
Year-to-year shifts in law school rankings—even including Stanford overtaking Yale—don’t mean much, but they should still be a factor for prospective students deciding where to attend.
Hackers have breached Jones Day and accessed the files of 10 clients, the law firm said on Monday.
Sidley Austin continues its raid on rivals by picking up Scott Bennett, co-head of Cravath Swaine & Moore’s venture capital and growth equity and digital assets practices, whose departure marks the latest in a string of losses for the Wall Street firm.
Rafi Law Group is separating back-office services from its legal operation to receive $125 million from an outside investor, the personal injury firm announced Monday.
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