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February 16, 2023 | Law.com

Higher Law: The DEA's Take on THCO | A Med Mal, Pot and Fraud Case | New State Cannabis Regulators |Twitter's New Rules for Cannabis Ads

THCO may have ties to hemp, but it's still a Schedule 1 drug under the Controlled Substances Act, the DEA said.

7 minute read

February 15, 2023 | The American Lawyer

As Law Firms Push Aggressive Rate Increases, Clients Have Room to Negotiate

Some rate increases last year were "shocking at the high end," according to a new rate report, noting about 15% of Am Law 100 firms increased their rates between 10% and 20%.

5 minute read

February 13, 2023 | Law.com

Pitt Law Becomes 42nd Law School to Pull Out of US News Rankings

"The U.S. News ranking system is systematically flawed and harmful to both legal education and the legal profession," Haider Ala Hamoudi, interim dean and professor of law, said in a statement emailed to Law.com on Monday.

4 minute read

February 13, 2023 | The American Lawyer

Procopio Lays Off 3% of Attorneys and Staff, Citing Continued Economic Headwinds

The San Diego-based firm is the third Am Law 200 firm to conduct layoffs in the past week.

2 minute read

In re: LTL Mgmt., LLC

Publication Date: 2023-02-13
Practice Area: Bankruptcy
Industry: Consumer Products
Court: U.S. Court of Appeals for the Third Circuit
Judge: Justice Ambro
Attorneys: For plaintiff: Melanie L. Cyganowski, Adam C. Silverstein (Otterbourg); Angelo J. Genova (Genova Burns); Jeffrey A. Lamken (MoloLamken); Jonathan S. Massey (Massey & Gail); David J. Molton, Michael S. Winograd (Brown Rudnick); Mathew I.W. Maker (Genova Burns); Sunni P. Beville, Shari I. Dwoskin, Jeffrey L. Jonas (Brown Rudnick); Donald W. Clarke (Wasserman, Jurista & Stolz); Daniel Stolz (Genova Burns LLC); Jennifer S. Feeney (Otterbourg); Leonard M. Parkins, Charles M. Rubio (Parkins & Rubio); Robter J. Stark (Brown Rudnick); Ellen Relkin (Weitz & Luxemberg); Deepak Gupta, Jonathan E. Taylor, Matthew W.H. Wessler (Gupta Wessler); Jerome Block, Amber Long, Moshe Maimon (Levy Konigsberg); John M. August (Saiber); Suzanne Ratcliffe, Clay Thompson (Maune Raichle Hartley French & Mudd); David A. Chandler (Karst & von Oiste); Jeffrey M. Dine, Karen B. Dine (Pachulski Stang Ziehl & Jones); Mathew Drecum, David c. Frederick, Ariela Migdal, Gregory G. Rapawy (Kellog Hansen Todd Figel & Frederick); Laura D. Jones, Peter J. Keane, Colin R. Robinson (Pachulski Stang Ziehl & Jones); Isaac M. Pachulski (Pachulski Stang Ziehl & Jones); Samuel M. Kidder, Nir Maoz, Robert J. Pfister, Michael L. Tuchin (Klee, Tuchin, Bogdanoff & Stern); Paul J. Winterhalter (Offit Kurman); Allen J. Underwood, II (Lite, DePalma, Greenberg & Afanador); Mark Tsuker (Cole Schotz); Felice C. Yudkin (Cole Schotz); Arthur J. Abramowitz, Alan I. Moldoff, Ross J. Switkes (Sherman, Silverstein, Kohl, Rose & Podolsky); Kevin W. Barrett, Maigreade B. Burrus (Bailey & Glasser); Thomas B. Bennett, Brian A. Glasser (Bailey & Glasser); Michael Klein, Evan M. Lazerowitz, Lauren A. Reichartdt, Erica J. Richards, Cullen D. Speckhart (Cooley); James C. Lanik, Jennifer B. Lyday, Thomas W. Waldrep (Waldrep, Wall, Babcock & Bailey); Kevin L. Sink (Waldrep, Wall, Babcock & Bailey)
for defendant: Brad J. Axelrod (Skadden Arps Slate Meagher & Flom); Caitlin K. Cahow, Brad B. Erens (Jones Day); Paul R. DeFillipo (Wollmuth Maher & Deutsch); Kristen R. Fournier (King and Spalding); Kathleen A. Frazier (Shook Hardy & Bacon); Gregory M. Gordon, Daniel B. Prieto, Mark W. Rasmussen, Amanda Rush (Jones Day); Robert W. Hamilton (Jones Day); James M. Jones (Jones Day); Neal K. Katyal, Sean M. Marotta (Hogan Lovells US); Glen M. Kurtz, Jessica C. Lauria (White & Case); James N. Lawler, Joseph F. Pacelli (Wollmuth Maher & Deutsch); C. Kevin Marshall (Jones Day); John R. Miller, Jr. (Miller, Kistler, Campbell, Miller, Williams & Benson); Matthew L. Tomsic (Rayburn, Cooper, Durham); Lyndon M. Treeter (Wollmuth Maher & Deutsch)
Case Number: 22-2003, 22-2004, 22-2005, 22-2006, 22-2007, 22-2008, 22-2009, 22-2010, 20-2011

Subsidiary Spun Off to Assume Litigation Liability Had Bankruptcy Dismissed Since Right to Reimbursement of Liability Costs Weighed Against Finding Financial Distress

February 10, 2023 | The American Lawyer

Big Law Layoffs May Continue in Light of 'Uncertainty Lying in Wait'

Shearman and Davis Wright's layoffs are "not going to be the end of the story," said Georgetown's Jim Jones.

5 minute read

February 9, 2023 | New Jersey Law Journal

Lowenstein's Profits Surge 27%, With Litigation and Contingency Work Driving Growth

Contingency fees played a larger role in the firm's revenue in 2022, while the firm slowed its hiring and raised billing rates, according to managing partner Gary Wingens.

4 minute read

February 8, 2023 | International Edition

Loeb & Loeb and Mori Hamada Take on $1.2 billion U.S.-Japan Merger

Loeb & Loeb and Big Four Japanese firm Mori Hamada & Matsumoto have acted on Hawaii-based Pono Capital Two's $1.2 billion merger with Tokyo-based SBC Medical Group Holdings.

2 minute read

February 8, 2023 | The American Lawyer

Shearman & Sterling Lays Off Associates and Staff

The firm said it is laying off 26 business professionals and 12 associates, "focused mainly on transactional practice areas most affected by current and projected market conditions."

3 minute read

February 8, 2023 | Legaltech News

Productivity Suite Macro Raises $9.3 Million From Cooley, Andreessen Horowitz, Others

According to Macro, the company's document editor that is part of the productivity suite is already being used by several Am Law 100 and Magic Circle law firms.

5 minute read