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News
Contract Management Sees Investment Spike - SirionLabs secured a $85M funding round while Evisort announced $100M in Series C funding. Parley Pro was acquired by LexisNexis, all in the same week.
Apple Employees Push Back Against Mandatory Office Policy - A group calling itself Apple Together published an open letter to Apple executives asking for them to change the company policy of requiring workers to be in an office at least three days per week. More here.
ISPs Ordered to Block Pirate Sites - Judge Katherine P. Failla (NY district), ordered a long list of ISPs and other online service providers to block the domains in a series of copyright lawsuits. More here.
Bitcoin and Ethereum Lose $200B in One Day - The plunge is linked to the collapse of the TerraUSD stablecoin and has hit major tokens hard, ending at its lowest level since December 2020. More here.
Instacart Files for IPO - The grocery delivery platform has announced it confidentially filed documents for an initial public offering and did not disclose further details. More here.
TX Argues FB and Twitter Can Be Regulated With Requirements - Lawyers for the state argued social media platform are akin to 'modern-day public squares' and can thus be required to host objectionable speech under a state law banning censorship of certain viewpoints. More here.
Appian Wins $2B Verdict Against Pegasystems - Shares for the software company soared after a Virginia jury ordered Pegasystems to pay $2.04B in damages for misappropriating trade secrets. More here.
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The move signals strategic shifts in LA's legal landscape.
Big Law firms are ramping up investments in their alumni networks, spending up to a few millions of dollars to nurture these relationships for the business and talent recruitment opportunities they provide.
In-house legal professionals discuss the issues they faced transitioning from BigLaw to in-house.
Paul Weiss announced the promotion of 34 new partners, nearly tripling the size of its class after announcing that it would roll out a non-equity partner tier. Steptoe meanwhile announced a revamped associate compensation system with three full-time billable-hour tracks.
The Administrative Appeals Office (“AAO”), where USCIS decisions get appealed, gave a decision that not only clarified the standards for approving L-1A visas, but also reprimanded USCIS for constantly applying a more difficult and incorrect standard.
Recently filed cases raise the question, ‘Who is the owner of AI-generated content?’
Compensation and advancement opportunities remain, however, important factors for aspiring lawyers.
The Washington Supreme Court ruled to adopt the NextGen bar exam, starting July 2026. Other states like Colorado and Minnesota join the effort to provide alternative ways to the bar.
FTX was ordered to pay 12.7B to victims, the SEC has filed a lawsuit against NovaTech, and Coinbase criticizes the SEC definition of "exchange".
