Counsel for Donald Trump gave notice Tuesday they intend to put forth a quasi advice-of-counsel defense in the former president’s upcoming Manhattan criminal case, but observers say they’re hard-pressed to imagine the presiding judge will allow it. “They’re very good lawyers, but it’s sort of a spaghetti theory,” J. Bruce…

Revenue at Duane Morris inched upward in 2023, while the firm’s profits per equity partner  shrunk as the firm continued to face transactional headwinds from 2022, contracting by 3.6% to hit $1.18 million. Gross revenue grew 2.8% to $648.8 million and revenue per lawyer grew 1.8% to $881,000, respectively, as the firm…

After almost three years at the helm, Davis Wright Tremaine managing partner Scott MacCormack is stepping down immediately and appointing an interim leader to replace him, the firm confirmed Wednesday. MacCormack was elected firmwide managing partner in April 2021 and guided the firm to add an additional $32 million in revenue the…

Attorneys with the Philadelphia-founded firm Montgomery McCracken Walker & Rhoads on Tuesday entered their substitution as counsel for Sam Bankman-Fried in his civil cases involving the Securities and Exchange Commission and the Commodities Futures Trading Commission, replacing the New York-based firm Cohen & Gresser. Montgomery McCracken partners Richard Simins and…

Looking back at 2023, Bryan Cave Leighton Paisner global CEO Steve Baumer said he was happy with the firm’s “balanced performance,” with countercyclical practices offsetting slow demand in “interest rate-challenged” practices such as real estate and financial transactions that remain hamstrung by high interest rates. The global law firm posted…

The European Parliament approved the Artificial Intelligence Act on Wednesday by an overwhelming majority, establishing for the first time a comprehensive set of ground rules on AI. The landmark law, which adopts a risk-based approach to regulate AI, passed with 523 votes in favor, 46 against and 49 abstentions.