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2 mins read
Junior lawyers at a leading US firm clocked off at 11:28 pm on average during lockdown, a survey found
Working hours rose across the legal sector because of remote working and a surge in private equity …
Stephen Jones
4 mins read
Firms like Kirkland & Ellis and Skadden lurk law school campuses and offer big six-figure salaries. Despite some students wanting to shun a career in Big Law, many don't have a choice as debt loads mount.
Many students dream of a career as public servants, but Big Law comes calling with hefty six-figure…
Aaron Weinman
1 min read
S&P's $44 billion deal to buy IHS Markit — Rising stars of real estate — Top banking lawyer joins Kirkland & Ellis
The top finance stories for December 1, including the latest news on the up-and-coming stars of rea…
Dan DeFrancesco
2 mins read
Billionaire real estate investor Frank McCourt wants to buy TikTok — but he's not interested in the algorithm
McCourt wants to change TikTok's basic business to an open-source model that allows users and creat…
Shubhangi Goel
2 mins read
Elizabeth Warren says millions of borrowers 'deserve answers' after the CEO of a major student-loan company turned down her invitation to appear before Congress
The student-loan company MOHELA asked that Sen. Warren agree to closed-door briefings instead of a …
Ayelet Sheffey
2 mins read
Top legal firms criticize law schools they hire from, accusing them of failing to address antisemitism on campuses
24 law firms said in an open letter that colleges needed to address rising incidents of antisemitis…
Joshua Zitser
26 mins read
The incredible oblivion of Judge Marvin Isgur
New details emerge about the tight-knit circle of attorneys and judges that fueled the rise of the …
Dakin Campbell
1 min read
One of the world's largest bitcoin miners will shut off thousands of mining rigs tied to bankrupt Celsius as part of the firms' bankruptcy proceedings
One of the world's largest bitcoin miners will shut off over 37,000 mining rigs tied to Celsius as …
Morgan Chittum
1 min read
The SEC will likely look into Ryan Cohen's exit from Bed Bath & Beyond stock, says former chair Jay Clayton
"I'm sure they'll look into it," a former SEC chairman said of the regulatory agency, noting extrem…
Jennifer Sor
2 mins read
Celsius is conducting its own misconduct investigation as customers tell a bankruptcy court that the company's founders misled them
The Celsius bankruptcy docket has swelled with hundreds of letters from Celsius users, many suggest…
Sindhu Sundar
3 mins read
The unraveling of $3 billion crypto lender BlockFi amid FTX's 'death spiral', according to bankruptcy filings
"FTX's apparent 'rescue,' which began in the summer of 2022, stabilized BlockFi. But that was short…
Morgan Chittum
4 mins read
Inside JPMorgan's startup banking strategy
JPMorgan bankers detail how the firm is trying to hold on to more of its startup clients as they ma…
Dan DeFrancesco,Jordan Parker…
4 mins read
JPMorgan and Morgan Stanley leadership shake-ups put CEO candidates in the spotlight
JPMorgan and Morgan Stanley leadership shake-ups; SVB Leerink poaches team of senior UBS tech banke…
Meredith Mazzilli
1 min read
Top law firms are offering $164K bonuses, extra vacation, and meeting-free days in an effort to retain workers and prevent burnout
The industry has experienced a boom in demand this year, with some lawyers working 100-hour weeks a…
Anna Cooban
3 mins read
Gibson Dunn fixture Randy Mastro whose Rolodex of clients ranges from Chris Christie to James Dolan — is leaving, apparently for rival law firm King & Spalding.
The lawyer has been a mainstay at Gibson Dunn since 1998 and has worked with financial firms and bi…
Aaron Weinman
2 mins read
A judge reinstated the pension of a Black police officer fired after stopping a white colleague's chokehold, citing George Floyd
Cariol Horne was fired from the Buffalo police force after stopping a white colleague's chokehold o…
Jacob Shamsian
2 mins read
A bank advising Evergrande's lenders says the embattled property developer is expected to default, report says
A bank director advising Evergrande bondholders said a default is likely to come soon, Reuters repo…
Harry Robertson
3 mins read
The fate of Millennium's index-rebalance king Glen Scheinberg, and his profitable team, has the hedge-fund industry abuzz
Hedge-fund folks can't stop talking about the fate of Millennium Partners' Glen Scheinberg, the big…
Aaron Weinman
2 mins read
JCPenney could be bought by its lenders after talks with potential buyers stall due to 'egos' and 'negotiating postures,' lawyers say
Talks with three potential bidders for JCPenney have reached a "stalemate," and now it could be bou…
Madeline Stone
7 mins read
Meet the attorneys caught in the firing line of the Depp v. Heard culture war
Benjamin Chew and Benjamin Rottenborn are facing off in one of the ugliest celebrity defamation tri…