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Patent Office Issues New Guidance on the Law of Obviousness

The United States Patent and Trademark Office (USPTO) recently published new guidance explaining the requirements for patent examiners to reject patent claims for obviousness in view of what was already known in the prior art. 89 Fed. Reg. 14449 (Feb. 27, 2024). Under 35 U.S.C. §103, “[a] patent for a…

Why Law Firms Must Be More Entrepreneurial

At the outset of 2024 it was clear large commercial law firms were encountering several simultaneous economic headwinds, and the picture has not changed much at the end of Q1. The challenges posed by the perennial problem of lockup, inflationary pressures, the rising cost of retaining key talent, and client…

Nonequity Partner Growth Kicks Into High Gear

Last year saw a ”staggering” jump in the number of law firm leaders who said they wanted to increase their nonequity tier going forward, according to one industry analysis. Now it’s clear many of the biggest Big Law players are following through, with several Am Law 100 firms growing their income…

0M Judgment: King & Spalding’s Big Win for Unsecured Creditor

King & Spalding Secure $900M Judgment for Colombian Refinery | Texas Lawyer Page Printed From: https://www.law.com/texaslawyer/2024/03/25/900m-judgment-king-spaldings-big-win-for-unsecured-creditor/ Mike Stenglein, partner. (Courtesy photo: Kirkland & Ellis) NEWS The parties have been in litigation for nearly a decade. March 25, 2024 at 05:06 PM 5 minute read X Thank you for sharing! Your…

SEC Says Terraform Labs and Its Founder Built ‘House of Cards’ as Civil Fraud Trial Opens

SEC Says Terraform Labs and Its Founder Built ‘House of Cards’ as Civil Fraud Trial Opens | New York Law Journal Page Printed From: https://www.law.com/newyorklawjournal/2024/03/25/sec-says-terraform-labs-and-its-founder-built-house-of-cards-as-civil-fraud-trial-opens/ Terraform Labs Pte. Ltd. (Terra Money) website. Credit: Timon/Adobe Stock Terraform’s attorneys at Denton and founder Do Kwon’s attorneys at Kaplan Hecker & Fink maintained,…