Multidistrict litigations are usually complex and often very expensive. A “typical” MDL progresses as follows: cases alleging similar misconduct by the same defendant (or defendants) are filed in various courts across the United States. Following motion practice, the Judicial Panel on Multidistrict Litigation decides whether to transfer and centralize those cases for all pretrial purposes,…

With demand increasing in litigation and transactional practices, and jumps in productivity and billing rates, as well as slowing expense growth, law firms “look stronger than ever,” according to new data from the second quarter of 2024. The Q2 Law Firm Financial Index report from Thomson Reuters tallied a 2.4% increase…

Paul Hastings has added a long-time structured finance partner from Weil, Gotshal & Manges  in London,  further strengthening its asset-backed finance and complex securitization offering. Partner Brian Maher is set to join Paul Hastings after 17 years at Weil.

Kaplan Martin, the newest boutique of high-profile litigator Robbie Kaplan, has added four people from Kaplan’s previous firm. The firm, with seven lawyers now, looks to have up to 10 to 15 lawyers by the end of the year. In a Friday interview, partners Robbie Kaplan and Tim Martin said…

When U.S. law firms flex, the global legal market feels the ripple—so leading German law firms can be forgiven for feeling a touch nervös. U.S. law firms are accelerating their stealthy, decades-long march into the world’s third largest economy with the likes of Kirkland & Ellis, White & Case, Gibson…

Rep. Greg Steube, R-Fla., discusses TikTok privacy concerns and whether Israel is heading for all-out war with Hezbollah on The Big Money Show. The Department of Justice (DOJ) on Friday filed a lawsuit against TikTok and its China-based parent company ByteDance over the company’s alleged failure to protect children’s privacy…