The day after the U.K. voted to leave the European Union in its Brexit referendum in June 2016, as financial markets, politicians and the wider world reacted in shock, Shearman & Sterling partner Barnabas Reynolds was preparing to give a speech in the U.S. Reynolds, an expert in financial regulation,…

Picture the four major U.K.-founded law firms, Freshfields Bruckhaus Deringer, Clifford Chance, Allen & Overy and Linklaters, planning a race to a star-spangled finish line. A motor race, if you will. Freshfields is the one carefully building its car, craning in a slick V6 engine, applying all manner of expensive…

Artificial intelligence is dominating conversations across all industries, including legal. To help legal professionals navigate this fast-evolving space, below, we define many of the key terms and concepts relating to AI. This glossary will be continually updated as new developments emerge. Algorithm: In AI, a set of instructions or programming…

The Georgia Court of Appeals has been asked to rule on time limits on claims plaintiffs may bring in a series of products liability cases over hair relaxers currently fueling surges in Chatham and DeKalb County state courts. The claims concern the statute of repose for products liability suits alleging…

Morgan Stanley has agreed to pay $249 million to resolve federal investigations into its block trades business, officials at the U.S. Attorney’s Office for the Southern District of New York and the U.S. Securities and Exchange Commission announced Friday. U.S. Attorney Damian Williams of the SDNY also announced that Morgan…

The jury hearing a former Davis Polk & Wardwell associate’s case against the firm for retaliation on Friday read more emails exchanged by Davis Polk attorneys and employees, including their reactions to messages from the associate. Plaintiff Kaloma Cardwell, the only Black male hired in Davis Polk’s 2014 associate class,…