Above the Law
Posts by Above the Law
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Morning Docket
Morning Docket: 02.05.24
* The secret to beating Elon Musk in $55 billion pay package case? Letting the jury hear Musk’s side of it. [Wall Street Journal]
* Proskauer settles fight with former COO in trade secrets fight. Now he’ll be free to share such gems as “bill more” with his new firm. [Law360]
* Man sentenced for impersonating NBA star to get fake medical payments. “To ruin people’s reputations… for wealth is really something,” said Judge Seybert… accidentally describing just about every billionaire’s path. [ESPN]
* Harvard Law School will join Yale and Stanford in offering some full tuition scholarships to low-income students. While an admirable move in a vacuum, just be wary if a school with an endowment in the billions starts saying “we didn’t charge 20 of you, so that’s why it’s so important that we raise tuition 185 percent on the rest of you.” [Reuters]
* Ethics complaints filed against judges for encouraging firms to give oral argument opportunities to younger and more diverse advocates. It’s the same group suing NYU on behalf of white students not smart enough for law review so as you can imagine their quarrel isn’t really with the “younger” part. [Bloomberg Law News]
* Police arrest Killer Mike after winning three Grammys. [Deadline]
* Tex McIver, the Biglaw partner who shot his wife and blamed it on Black Lives Matter, may soon be released from prison. [CNN]
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Health Care / Medicine
Cigna MA Sale To HCSC Could Still Clear Way For Humana Acquisition, Expert Says
Despite Cigna and Humana ditching their pursuits to combine in December, one industry expert believes there's still a chance after Cigna announced its plan to sell its Medicare Advantage business to Health Care Service Corp. - Sponsored
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Morning Docket
Morning Docket: 02.02.24
* We all knew Goodwin was still laying people off — but now they’ve issued a statement about their “performance” cuts. [American Lawyer]
* Trump apparently lost his mind when he realized Alina provided lunch during his deposition. Very stable genius and all that. [CNN]
* Disney appeals that loony Judge Winsor opinion in the DeSantis case. [Deadline]
* Texas Supreme Court justice skipped half its arguments to go campaigning. You know… you can do those events at night, too. [Bloomberg Law News]
* Fifth Circuit cuts back bias award. [Law360]
* For second time in its history, Harvard Law Review elects a Black woman to presidency. Which right-wing activist group will sue first? [Reuters]
* Congress needs to take action on civil forfeiture reform… example #473684. [Forbes]
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Health Care / Medicine
Healthcare Moves: A Monthly Summary Of Hires And Layoffs
Here is a selection of recent executive hires, promotions and layoffs occurring across the healthcare industry. -
Morning Docket
Morning Docket: 02.01.24
* Bar exam passes on ExamSoft. [Reuters]
* Trump judge dismisses Disney lawsuit against DeSantis explaining that Disney lacks standing because DeSantis has already caused so much damage that there’s really just no way to fix it. Galaxy brain thinking all around. [NPR]
* Former NRA lawyer throws boss under a bus. [ABA Journal]
* Harvard Law School fails to teach students that Singapore is not part of China. [Huffington Post]
* “Trump: Any Lawyer Who Represents Me Is Either a Patriot or ‘CRAZY.’” True. [Daily Beast]
* Are these the salad days for associates? [Bloomberg Law News]
* Biglaw offers mixed response to Generative AI. [American Lawyer]
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Finance
Boeing Defense Business Narrows Losses As Company Battles MAX Crisis
The aerospace giant chose to forego overall financial guidance for 2024 as it struggles with safety concerns in its commercial business. - Sponsored
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In this CLE-eligible webinar on April 10th, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
Health Care / Medicine
Biosimilar Insulins Promise Patients New Choices, But Competition Is Still Lacking
Insulin prices have long been a pain point for diabetics. The big three insulin manufacturers have cut prices across their product lineups, but potential competition from other biosimilar insulins is still in earlier stages of development. -
Morning Docket
Morning Docket: 01.31.24
* Elon Musk’s Tesla pay package careens into wall and catches fire. [Axios]
* Might we have seen the last of Alina? [Newsweek]
* Apparently it annoys lawyers to be treated like children. [American Lawyer]
* Another lawyer thought ChatGPT was a legal research tool. [Reuters]
* Trump donors seem to have paid $50 million in legal fees last year. [Huffington Post]
* High school debaters make great lawyers. [New York Law Journal]
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Health Care / Medicine, Technology
How Are Healthcare AI Developers Responding To WHO’s New Guidance On LLMs?
This month, the World Health Organization released new guidelines on the ethics and governance of LLMs in healthcare. Reactions from the leaders of healthcare AI companies have been mainly positive. However, one leader pointed out that fear of the risks associated with LLMs shouldn't hinder innovation, and another noted that the guidance may have failed to mention a major topic. -
Technology
Great Law Firm Cybersecurity Without Breaking The Bank
Where should you invest your hard-earned dollars? Here are a few suggestions for the best cybersecurity bang for your buck. -
Finance, Health Care / Medicine
ArriVent’s Nasdaq Debut Nabs $175M As Signs Indicate An Opening IPO Window
ArriVent BioPharma will apply the IPO cash toward furmonertinib, which the biotech says could offer advantages over Takeda Pharmaceutical and Johnson & Johnson drugs that address the same lung cancer target. It’s the second biotech IPO of this week, following CG Oncology.
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Legal AI: 3 Steps Law Firms Should Take Now
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Morning Docket
Morning Docket: 01.30.24
* Someone involved in the “fire university presidents for anti-Semitism” hearings finally figured out that Amy Wax exists. Welcome! You have such a journey ahead of you! [Law.com]
* We’re actually having a fluoridated water debate? In the year of our Lord 2024? [Bloomberg Law News]
* After losing not one, but two trials before Judge Kaplan, Donald Trump now argues that the fact both the judge and Carroll’s attorney are Paul Weiss alums should nix the verdict. [Reuters]
* Alex Murdaugh will not get a new trial. [NY Times]
* Texas wants to take the corporate law crown from Delaware. [Financial Times]
* Marilyn Manson ordered to pay Evan Rachel Wood’s legal fees. [Rolling Stone]
* IRS whistleblower sentenced to 5 years for his public service. [Courthouse News Service]
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In-House Counsel
Is Your In-House Team A Legal Tech Leader?
Please take a minute to share your thoughts and help us benchmark your department. -
Morning Docket
Morning Docket: 01.29.24
* American Lawyer asked top firms how they’re using AI in their practices. The answers are mostly mundane except for one that read “our attorneys are overwhelmingly pleased with our AI integration END OF LINE.” [American Lawyer]
* The still anonymous NYU Law School white male 1L suing over law review acceptance policies now seeks class status on behalf of other students too dumb to make law review. [Reuters]
* David Kenner gets one year of probation for leaking confidential evidence from the Pras Michél case. [Daily Beast]
* US asking cloud companies to investiate foreign clients as part of bid to stay ahead of China’s AI. [Bloomberg Law News]
* Legal thoughts on Florida State’s spat with the ACC. [Tampa Bay Times]
* There’s a shortage of prosecutors and it’s becoming a problem for defendants. [ABA Journal]
* Sadly, Charles Fried has died. [NY Times]
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In-House Counsel
Is Your In-House Team A Legal Tech Leader?
Please take a minute to share your thoughts and help us benchmark your department. -
Morning Docket
Morning Docket: 01.26.24
* Rudy raises a million from big donors for his legal defense. Given what he charges for Cameo, I’m scared of what he must have to do on camera for these guys. [CNBC]
* SEC decides that doing an end-run around going public doesn’t excuse SPACs from regulation. [National Law Journal]
* Alabama unveiled its new, “painless” death penalty technique. As a witness put it, prison officials “were visibly surprised at how bad this thing went.” [Reuters]
* A look at the NCLA. Because sometimes you just want to sell a bunch of asbestos baby pajamas and who’s the federal government or “cancer” to tell you no, amirite? [Bloomberg Law News]
* Another firm followers Slaughter & May in employing Big Brother to get associates into the office. [Roll on Friday]
* Congrats to American Lawyer’s new editor-in-chief! [American Lawyer]
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