Wachtell
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World’s Richest Man’s Complains About Law Firm’s ‘Greed’
I’d like to report a murder. The victim is ‘irony.’
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* This may come as a shock, but new study suggests the public defender system is overburdened. Who could have known other than anyone who listened to public defenders for the last 50 years? [ABA Journal]
* Cleta Mitchell missed out on indictment, but the disgraced former Foley & Lardner lawyer is still leading the election denial movement. So maybe it’s more fair to say she’s escaped indictment so far. [The Intercept]
* For a guy with a Real Housewives pedigree, Tom Girardi does not understand a hot mic. [Law360]
* Wachtell still trying to get its Twitter money. [American Lawyer]
* Court papers can now “slide into your DMs,” proving Twitter really can get worse. [Legaltech News]
* Law firms line up to advise clients on maintaining productive and often client- and investor-demanded diversity programs in the face of activist lawsuits. While other firms cower in fear. [Reuters]
* DISCO chief’s departure causes shares to take a tumble. What’s next for Kiwi Camara? If history is any guide, maybe a company called “Hair Metal.” [Bloomberg Law News]
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Elon Musk Sues Wachtell For Being Better Lawyers
Wachtell helped Twitter force Musk to buy the company… now he wants that money back.
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* Lawyers don’t understand lawyer talk either. [Scientific American]
* While Elon Musk merely whines about Facebook, he actually filed a suit against Wachtell for the $90 million in fees the firm generated whipping Elon in the first place. Now, if he can just get back that $90 million… and then another $30 billion he’d be back where he started. [Law360]
* Law firm mergers aren’t crossing borders as much anymore, which is a pity since merging presents sort of an existential crisis for UK firms. [American Lawyer]
* Sarah Silverman sues AI developers for training on copyrighted material. Defense likely to argue “yeah, but our output still sort of sucks so there’s no harm.” [Reuters]
* Private credit on the rise as core Biglaw practice area, so remember this when the economy collapses in 10 years and everyone cites “private credit.” [Bloomberg Law News]
* “Testi-lied” is super clever! Also super gonna get you censured. [ABA Journal]
* Florida will stop recognizing certain state IDs. In case you needed a “full faith and credit” hypo for your exam. [Yahoo]
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Wachtell joins the chat… plans to file suit on behalf of Twitter this week.