
Is Wachtell Slipping?
The Biglaw firm is no longer at the top of the M&A world.
The Biglaw firm is no longer at the top of the M&A world.
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* What does Wachtell think of George Conway's Twitter profile? Silly rabbits, Wachtell doesn't have opinions unless they're billable. [American Lawyer] * Kirkland will remain atop the Am Law 100 rankings with its warm and fuzzy business model. [American Lawyer] * Western State lives! At least for a few more months. [The Recorder] * Judge aborts law. [Louisville Courier-Journal] * Lawyer turns blogging into a $30 million side hustle. That's pretty much how Above the Law works. [Forbes] * After running Sears into the ground to live out his lurid fantasies, Eddie Lampert expected to walk away holding all the money -- but the Chapter 11 estate is doing its best to get some of that back. [Law360] * Who pays for Maria Butina's legal bills? [The Atlantic]
The Wachtell counsel is ready for the 25th Amendment.
Wachtell has a unique philosophy when it comes to money.
Guilty pleas, immunity deals, and a defiant Attorney General offer America's favorite Tweeting lawyer a lot to talk about.
Corporate investment and usage in generative AI technologies continues to accelerate. This article offers eight specific tips to consider when creating an AI usage policy.
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* The Trump administration asks the Supreme Court to toss the travel ban case on mootness grounds -- and to scrub the lower-court rulings against it from the books. [How Appealing]
* Meanwhile, the District of Columbia won't take the fight over its concealed-carry law to SCOTUS, fearing that the Court might just make the situation worse if called to rule on gun rights. [Washington Post]
* At age 86, Marty Lipton of Wachtell Lipton is still in the mix, issuing influential client memos on important issues of corporate law. [Big Law Business]
* Does the emperor have no clothes robes? Zoran (Zoki) Tasic, a former Seventh Circuit staff attorney, calls out Judge Richard Posner over alleged errors in the judge's new book (affiliate link) about the treatment of pro se litigants. [How Appealing]
* Support staff at Hogan Lovells seem to love the firm's buyout offers; the firm's voluntary-retirement program attracted even more interest than expected. (Expect more on this later.) [Law.com]
* What does the future hold for the Obama administration's proposed changes to overtime rules? Senators seek guidance from Cheryl Stanton, the former Alito clerk and Ogletree Deakins partner who enjoyed smooth sailing at her recent confirmation hearings to serve as head of the Labor Department's Wage and Hour Division. [Bloomberg BNA]
* In other news about the fate of Obama-era regulations, it looks like the Trump administration will be rolling back the federal requirement for employers to include birth control coverage in their health insurance plans, expanding exemptions for religious objectors. [New York Times]
Early birthday wishes to Marty Lipton!
Conway cited family reasons as the basis for his decision, but other considerations might have played a role.