IPOs

IPOs may be back next year in 2024, when things are 'more normal.'

That's quite the plummet.

Lawyers aren't quite as busy anymore in this once-booming field.

While personal genetic testing as entertainment slowed as a revenue source in recent years, 23andMe has doubled down on its therapeutic programs.

The legal industry won’t experience anything like WeWork’s $47B flameout, but that makes our problems more intractable.

* “In my 22 years of doing visits with children in detention I have never heard of this level of inhumanity.” Children being detained at the border are in desperate need of legal assistance and humanitarian aid. [NBC News]

* Disgraced former Alabama Supreme Court chief justice Roy Moore, a “polarizing [] Republican,” has decided to launch yet another Senate bid after losing during his first go round. This time, even President Trump warned him against trying again. [New York Times]

* Puff, puff, pass this vote: New York may not have been able to legalize marijuana, but lawmakers are trying to do the next best thing by decriminalizing it. Fines for “violations” will be no higher than $200 and last convictions can be expunged upon request. [New York Law Journal]

* In case you missed it, Slack had its IPO yesterday, opening at $38.50 a share. Goodwin Procter certainly didn’t miss it, because the firm is looking to earn $2.5 million for its work on the company’s stock market debut. [Big Law Business]

* Shaakirrah Sanders, a black female professor at Idaho Law, has filed suit against the school the university, and a former dean, alleging race and gender discrimination and retaliation. She is the only professor of color and woman of color who has earned tenure at the school. [Idaho Statesman]

Adam Neumann wants you to know that he understands how this looks...and will maybe stop now that you're watching.

Not that it's stopped other Silicon Valley darlings...

The more WeWork talks, the more we want WeWork to please stop talking.

Sit down, we can -- kind of -- explain.

The market is teaching Uber a very hard lesson about how dynamic pricing really works.

This is going to be the granddaddy of all tech IPO disasters.

Axiom’s IPO application foreshadows problems for Biglaw.

The company lists as a risk the fact that it derives about 88 percent of its revenue from contracts with the federal government.

* Hail Mary pass interference? President Donald Trump reportedly asked then-acting AG Matthew Whitaker if U.S. Attorney Geoffrey Berman (S.D.N.Y.) — a “perceived loyalist” — could be put in charge of the Michael Cohen probe even though he’d already recused himself. [New York Times]

* Chief Justice John Roberts once again sided with the Supreme Court’s liberals in refusing to agree with a Texas court’s decision to execute a death row inmate with intellectual disabilities, writing that the lower court’s review of the case “did not pass muster under this court’s analysis last time,” and “[i]t still doesn’t.” Justice Samuel Alito dissented, and was obviously joined by the high court’s conservatives. [Washington Post]

* Emoji are popping up more and more in court cases, and courts still don’t know what to do with them — which is a shame, because “[j]udges need to be aware of the importance of the emojis to the overall communication when we run into … odd evidentiary issues.” [The Verge]

* This Fox Rothschild partner is facing sanctions over missed deadlines in several cases for his client, porn producer Strike 3 Holdings. He’s repped the “copyright troll” in about 2,500 infringement cases since 2017. [American Lawyer]

* If you’re interested in investing in the future of law, alternative legal services provider Axiom will be going public and has applied for an IPO. The number of shares up for grabs and their price range is still undecided. [ALM International]

Who needs financial metrics when tech companies can offer you faith?

The SEC’s new Corporation Finance chief’s a little half-hearted on his boss’ going-public crusade.

* The problem with Oklahoma's district attorneys. [Slate] * You can survive a career transition. [Law and More] * Now here's a fine that could bring in some real money. [The Slot] * Inside Snapchat's IPO. [The Fashion Law] * Okay, so maybe the truth won't set you free. [Salon] * Try not to be complacent about the abortion of a law that is TrumpCare. [Lawyers, Guns and Money] * Proof? Why would you want that? [Huffington Post]