Mark Twain is usually credited with saying: “History doesn’t repeat itself. But it often rhymes.” Whether or not the quote actually came from the American humorist, it’s an apt way to think about The American Lawyer’s A-List over the last five years. Indeed, a handful of the top firms in…

Elon Musk has sued OpenAI, its affiliated companies, founder Sam Altman and president Greg Brockman for alleged fraud and breach of contract just two months after dropping a similar suit against the ChatGPT-maker. According to the 83-page complaint, filed Monday in California’s Northern District by Toberoff & Associates, Altman allegedly “induced” Musk to finance OpenAI by deceiving…

Freshfields Bruckhaus Deringer and Sullivan & Cromwell are advising on talks between French financial services giants AXA and BNP Paribas. AXA is in negotiations with BNP Paribas to sell its asset management business, AXA Investment Managers, for an estimated €5.4 billion. 

U.S. law firms Boies Schiller Flexner and Proskauer Rose are both preparing to move into new London offices within the next six months. Boies Schiller is moving to 100 Fetter Lane at the start of next year. It is currently based on the top floor of 5 New Street Square, occupying…

London’s largest law firms are ramping up salaries for newly-qualified lawyers with pay packets soaring by up to 20% and no end to the talent wars in sight. Quinn Emanuel Urquhart & Sullivan and Gibson Dunn & Crutcher are leading the pack with £180,000 offers for so-called ‘NQs’, typically 20-something…

Attorneys have been closely watching the cryptocurrency market plummet on Sunday and into Monday as its global market cap sustained an over 9% drop within the last 24 hours. “If history is any indication, substantial dips in the value of cryptocurrencies are likely to lead to more litigation,” said Helen…