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SEC’s Proposed Climate Disclosure Rule Exceeds Agency’s Authority, House Republicans Say

The U.S. Securities and Exchange Commission lacks  the legal authority to mandate that public companies disclose greenhouse gas emissions, House Republicans said Thursday in criticizing a proposed SEC rule.   “Congress created the SEC to protect investors, maintain fair, orderly, and efficient markets and facilitate capital formation—not to advance a progressive…

Settlement Versus Litigation: There’s Room for Both Approaches

It’s no secret that litigation is expensive. The cost and time involved in taking a case to trial is one of the reasons most cases settle before trial. That fact begs the question of just when to settle, if at all, and when should a case proceed to trial? We spoke with…

King & Spalding’s Journey to Best Law Firm of the Year

King & Spalding, which received The American Lawyer’s Best Law Firm of the Year award in late 2023, has achieved notable success in recent years, growing its revenue and profits, key offices and international presence, all without a merger. Its financial growth was particularly remarkable during the pandemic, as the litigation…

Cohen Seglias to Merge With Harrisburg Boutique

Harrisburg business litigation boutique Nauman Smith announced it is merging with Cohen Seglias Pallas Greenhall & Furman, effective Feb. 1, following the retirement of Nauman senior partner Spencer Nauman, marking the fifth law firm merger in Pennsylvania in the first three weeks of 2024. Five attorneys and four staff members…

Latest Norton Rose Fulbright Departure Sees Fintech Practice Head Relocate to Steptoe

Latest Norton Rose Fulbright Departure Sees Fintech Practice Head Relocate to Steptoe | The American Lawyer Page Printed From: https://www.law.com/americanlawyer/2024/01/18/latest-norton-rose-fulbright-departure-sees-fintech-practice-head-relocate-to-steptoe/ Stephen Aschettino of Steptoe & Johnson. (Courtesy photo) NEWS “One troubling fact was that it was never explained internally, even to partners, why our global C-suite all the sudden departed…