* Ding ding ding, we have a winner: with a bid of $135 million, Univision has prevailed in the auction to buy Gawker Media’s assets (held at the offices of Gawker’s bankruptcy counsel, Ropes & Gray). [Politico]
* The Ninth Circuit rules that the feds can’t spend money to prosecute people whose actions comply with state medical marijuana laws. [How Appealing]
* Protip for millennial law students: don’t call your law professor by her first name. [WSJ Law Blog]
Meet Me At ILTACON: Opus 2 And AI Workbench
Swing by Booth 800 for a look at the latest in AI-powered case management.
* “Is $88,500 Salary Too Much for a Deputy General Counsel?” (Hint: no.) [Big Law Business]
* Is it time to rethink antitrust enforcement, especially when it comes to Big Tech? [DealBook / New York Times]
* Judge Timothy Dooley has been censured by the Alaska Supreme Court for his rude remarks in open court. [Alaska Dispatch News]
The Law Firm’s Guide To Trust Accounting And Three-Way Reconciliation
Proper trust accounting and three-way reconciliation are essential for protecting client funds and avoiding serious compliance risks. In this guide, we break down these critical processes and show how legal-specific software can help your firm stay accurate, efficient, and audit-ready.
* Hedge-fund billionaire Steve Cohen can’t trade in CFTC-regulated commodities markets until 2018, as part of a settlement with the commission. [Bloomberg]
* Sigfredo Garcia, one of the two men accused of killing law professor Dan Markel, isn’t getting bond just yet. [Tallahassee Democrat; WCTV]
David Lat is the founder and managing editor of Above the Law and the author of Supreme Ambitions: A Novel. You can connect with David on Twitter (@DavidLat), LinkedIn, and Facebook, and you can reach him by email at [email protected].