Legal Practice Pulse

Cahill Gordon & Reindel is navigating a significant downturn in the high-yield and leveraged loans market, resulting in a 20% revenue decline over three years. Managing partner Herbert Washer noted that the departure of around a dozen partners prompted the firm to reassess its position in the legal market. To adapt, Cahill has diversified into…

he upcoming term of the U.S. Supreme Court, starting on October 7, is poised to address significant questions regarding the administrative state. The Roberts Court has shown a tendency towards gradualism, raising the question of how and how quickly it will scale back regulatory powers. Notable cases include Garland v. VanDerStok, which examines the Bureau…

TikTok is currently embroiled in a critical legal battle as it faces a potential ban in the U.S. due to national security concerns linked to its Chinese parent company, ByteDance. During a recent hearing, judges expressed scepticism about TikTok’s argument that free expression outweighs these concerns. TikTok’s lawyer, Andrew Pincus, contended that the app is…

Fifteen years after its launch, Burford Capital has transformed litigation finance from a niche concept into a mainstream financial strategy. Co-founder and CEO Chris Bogart recalls how the company initially had to persuade lawyers to accept funding for promising cases, but today, Burford is publicly traded and part of a broader trend where multi-strategy investment…

Sidley Austin partners Lilya Tessler, Angela Zambrano, and S. Scott Parel emphasize the growing importance of blockchain technology for legal professionals. They outline the basics of blockchain, digital assets, and the regulatory complexities surrounding their use. As blockchain continues to expand across industries, including financial services and energy, lawyers must understand the legal risks and…

Writing for Law.com, Murray Silverstein says parties can negotiate through various forms of alternative dispute resolution, preferably mediation, “instead of leaving decisions to the battlefield of the boardroom or courtroom.” The author notes: “Acting in good faith in a mediation setting avoids the prospect of rushing into litigation. Trial courts not only recognize the success…