Former Binance chief strategy officer Patrick Hillman reacts to Sam Bankman-Fried’s 25-year prison sentence on The Big Money Show. FTX founder and former CEO Sam Bankman-Fried was sentenced to 25 years in prison for fraud on Thursday by a federal judge, who made a recommendation about where the disgraced crypto…

For the full 2024 Am Law 100 report, click here. For more ways to analyze the data, go to Law.com Compass. For the Am Law 100 as a whole, average revenue per lawyer, the metric that we’ve long regarded as the most reliable measure of a firm’s financial health, increased by 4.9%.…

On Tuesday, U.K.-based legal tech startup Lawhive announced a £9.5 million seed round investment (approximately $11.8 million) with funding from Google Ventures and Episode 1 Ventures. Founded in 2021 by the former co-founders and chief data scientist of fintech startup Statys, Lawhive offers an online network of on-demand lawyers and focuses on the…

‘Clearly Inappropriate’: Why This Phila. Judge Slashed $24M Off of $26.2 Crash Verdict | The Legal Intelligencer Page Printed From: https://www.law.com/thelegalintelligencer/2024/04/16/clearly-inappropriate-why-this-phila-judge-slashed-24m-off-of-26-2-crash-verdict/ Philadelphia Court of Common Pleas judge Gwendolyn Bright. Courtesy photo NEWS “While plaintiff seeks to paint an almost demonic magnitude of intent centering around ‘speed’ the evidence supports only…

The ‘Varney & Co.’ host argues that California’s high taxes, poverty and climate rules hurt the governor’s image with the rest of the nation. Workers in California may legally be allowed to disregard messages from their boss after the work day ends.  The pressure to respond to work messages after…

In 2022, law firms such as Wachtell, Lipton, Rosen & Katz; Davis, Polk & Wardwell; and Paul, Weiss, Rifkind, Wharton & Garrison walked back some massive profitability gains, and saw their net income and profit margins fall. Litigation powerhouse Quinn Emanuel Urquhart & Sullivan in 2022 saw its average profits…