Tag: Law firms

US law firms smell opportunity as Supreme Court guts agency powers | Reuters

Law firms are capitalizing on client uncertainty sparked by a flurry of new U.S. Supreme Court rulings that favored opponents of federal agency powers, even as lawyers themselves differ on the decisions’ immediate and long-term effects. Within hours of the decisions, major U.S. law firms began sending out client-focused emails and webinar invitations to discuss the cases and showcase their…

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Leading Crypto Lawyers Lewis Rinaudo Cohen, Gregory Strong, and Sarah W. Chen Join Cahill as Partners in the Firm’s Digital Assets and Emerging Technology Practice, CahillNXT | Cahill Gordon & Reindel LLP

Cahill Gordon & Reindel LLP announced today that leading “crypto native” lawyers Lewis Rinaudo Cohen, Gregory Strong, and Sarah W. Chen have joined the firm as partners in Cahill’s globally recognized Digital Assets and Emerging Technology, or “CahillNXT” practice. The CahillNXT practice will be co-chaired by Cahill partners Samson “Sam” Enzer (who founded Cahill’s cryptocurrency and fintech practice in 2021) and…

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Tesla threatened to fire law firm in bid to block Musk pay critic – court document | Reuters

A Delaware law professor accused Tesla on Monday of threatening to fire one of its longtime law firms if he proceeded with plans to file a friend-of-the-court brief criticizing the company’s bid to restore CEO Elon Musk’s $56 billion pay package. Retired professor Charles Elson of the University of Delaware alleged in a legal filing that Holland & Knight, for…

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Cravath joins Midtown exodus with move to Manhattan’s Hudson Yards

Elite New York law firm Cravath will abandon its wood-panelled offices in Midtown Manhattan for the up-and-coming Hudson Yards development on the island’s west side on Monday, amid an exodus from the neighbourhood that has long been home to some of the city’s biggest legal names. The 205-year-old firm’s move follows similar westward shifts from rivals including Cooley, Skadden Arps,…

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After 1 Year, FTX Bankruptcy Is More Lucrative for Law Firms Than Enron and Lehman | Law.com

For debtor’s counsel, notoriously lucrative bankruptcies have included Enron, Lehman Brothers and General Motors. After defaulting on nearly a trillion dollars in combined debt, the trio generated hundreds of millions of dollars in fee revenue for law firms. But for law firms like Sullivan & Cromwell and Quinn Emanuel Urquhart & Sullivan, the bankruptcy of cryptocurrency trading firm-turned-accounting fraud FTX…

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