Bankruptcy Option Won’t Be ‘Pretty’ For Stroock
Here's why Stroock will do anything it can to stay away from bankruptcy.
The Wild Ethical Lapse That Led To The Resignation Of A Top Bankruptcy Judge
They say love makes you do strange things.
AI Is Killing Legal’s Billable Hour. It’s Also Repeating Its Worst Mistake
Law firms and legal departments are writing the future of the profession in separate rooms. What happens when they actually work together?
Ex-Biglaw Partner Pleads Guilty In Bankruptcy Fraud Case
He's now looking at some time behind bars.
There Are A Lot More Bankruptcy Filings This Year
The increases just keep on coming.
Lateral Attorney Hiring Trends In 2023: Adapting To A Shifting Economy
Despite economic challenges, certain law practice areas are observing renewed hiring activity as the economy progresses in 2023.
Morning Docket: 06.12.23
* Trump indicates that he would consider a plea deal if the DOJ would "pay me some damages." It's possible he's not receiving top notch legal guidance right now. [Newsweek] * JPMorgan Chase has settled with Jeffrey Epstein's victims. [MarketWatch] * Civil rights lawyer arrested for filming a traffic stop as creeping fascism breaks into a sprint. [ABC News] * 3M tried to wiggle out of earplug liability through bankruptcy. The courts seem to have grown wise to this strategy. [Financial Times] * Government digging into allegations of COVID test fraud, where people ordered free tests on behalf of dead people. Look, I don't know if anyone in DC is tracking the level of COVID denialism out here but maybe we don't need to complain about anyone wanting tests. [Bloomberg Law News] * Title IX changes expected to trigger wave of litigation. [Law.com] * Marvel settles with classic creators who possessed the most important superpower of all: a colorable copyright interest. [Law360]
Schenck Price Competes Smarter With Lexis+ With Protégé
LexisNexis sat down with John Ursin, Managing Partner at Schenck Price, to learn how the firm is using legal AI to strengthen client service and daily legal work.
Pear Therapeutics Files For Bankruptcy And Plans For Asset Auction In May
Pear Therapeutics’ Chapter 11 bankruptcy filing follows three corporate restructurings and the inability to secure additional financing to support commercialization of its FDA-cleared prescription digital therapeutics. An auction of Pear’s assets is expected to happen in early May.
Former CEO Thinks Judge’s Novel Is Based On Him, Wants A New Judge
He thinks the antagonist is based on him.
Americans Are In Debt Up To Their Eyeballs And Smashing The Worst Kinds Of Records
This is not a convenient time to be racking up debt.
People Love To Threaten Bankruptcy During Litigation
Although the threat of bankruptcy can be used as a litigation tactic, clients often don't go through with it.
AI Is Reshaping Legal Practice—But Tools Aren’t The Real Differentiator.
Explore the mindset, cultural shifts, and training strategies that define the AI‑savvy lawyer, revealing why human judgment, standardized competence, and integrated learning—not technology alone—will shape the future of the profession.
If Student Loan Debt Is Going To Be Nondischargeable, We Need A Creditworthiness Mechanism
This would save very young people from the lifelong consequences of big decisions that they are not yet adequately equipped to make.
Ex-Biglaw Partner Arrested For Bankruptcy Fraud
He owes the IRS more than $3.8 million.
SVB Financial Group Is Moving On To The Bankruptcy Phase Of Regretting Causing Its Own Bank Run
This better not impact Runescape gold exchange rates. Baby needs his Tbow.
Sandy Hook Plaintiffs Call Alex Jones Too Malicious To Discharge $1.4B Damage Award In Bankruptcy
Turns out that bankruptcy is way less fun than this guy thought it would be.
FDA Authorizes First COVID-19 And Flu Test, But Its Maker Files For Bankruptcy
The regulatory decision comes too late for the diagnostics developer, which has filed for bankruptcy protection.