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Coinbase sues SEC, FDIC for information relating to crypto regulation

Coinbase chief policy officer Faryar Shirzad discusses the impact of the custodianship on ‘The Claman Countdown.’ Coinbase is launching a new legal offensive against the Securities and Exchange Commission and the Federal Deposit Insurance Corporation to procure documents relating to the agencies’ approaches to crypto regulation, has learned. According to…

‘Laziness’ or ‘Profit Maximization’? GCs’ Frustration Over Law Firm Billing Transparency Boils Over

General counsel say they’ve grown exasperated by law firms’ continued lack of transparency, especially related to billing, a shortcoming that’s making it increasingly difficult for them to justify hefty outside counsel spending internally. More than a half-dozen legal chiefs from companies in a range of industries told Law.com that opaque billing practices,…

US Firms Rising? The Law Firms with the Largest UK Market Share, 2024

U.S. law firms including Latham & Watkins, Kirkland & Ellis and Simpson Thacher & Bartlett have larger U.K. revenues than longstanding British institutions such as Ashurst, Macfarlanes and Simmons & Simmons, the latest Law.com International rankings show. An analysis of the largest legal institutions by revenue in the U.K., irrespective of where…

Stephenson Harwood Gets Results Season Underway, Revenue up 16%

Stephenson Harwood has kicked off the financial results season, posting a 16% rise in revenues and a 10% increase in net profit for the financial year ending April 2024. The firm recorded revenues of £264.2 million, while net profit is up to just over £90 million, an additional £7.6 million…