A trio of corporate law firms have secured roles on private equity giant Advent International’s €3.9 billion sale of German software-as-a-service company Aareon, amid a continued uptick in transactional activity. Kirkland & Ellis, Weil, Gotshal & Manges and CMS are acting as lead advisors on the acquisition by TPG and Canada-based pension fund CDPQ,…

The pace of growth slowed for representation of diverse attorneys in 2023, but every underrepresented group still made gains. After several years of above-average growth in the number of lawyers from underrepresented groups in Big Law, 2023 saw more subdued progress, although diversity gains were consistent from associates to partners…

Former commissioners of the U.S. Securities and Exchange Commission say the agency should take a more thoughtful and collaborative regulatory approach toward artificial intelligence than it did with cryptocurrency, a technology critics say is stifled by “regulating by enforcement.” “I think when crypto rolled out there was so much fraud that…

Although Texas has long championed itself as the best state for businesses—based on surveys, number of corporate relocations, and the number of Fortune 500 companies in Texas—Texas lagged other business-friendly states (namely Delaware) in having a specialized business court system. Approximately half of states have some form of specialized business…

Going back several decades, Big Law firms that wanted to address a lack of representation in associate hiring, partner promotions and firm leadership roles targeted underrepresented groups specifically. If a scholarship, fellowship or mentorship opportunity arose with “diversity” in the title, one could safely assume it was meant to solicit…

Former commissioners of the U.S. Securities and Exchange Commission addressed topics ranging from the agency’s approach to digital asset regulation and enforcement to civil penalties, at BakerHostetler’s second annual “Former SEC Speaks.” Troy Paredes of Paredes Strategies and an SEC Commissioner from 2008 to 2013 said in a variety of…