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Law Firms (an Asset Class in Waiting?) See Valuations Climb Higher

Law Firms (an Asset Class in Waiting?) See Valuations Climb Higher

by RG | May 5, 2026 | Law.com

The aggregate value of the Am Law 100 surpassed $400 billion for the first time in CFO Madhav Srinivasan’s latest effort at applying Wall Street valuation techniques to the apex of the legal industry.       The aggregate value of the Am Law 100 surpassed $400...
Musk Pays Just $1.5 Million to Settle SEC Suit Accusing Him of Underpaying Twitter Investors by $150M

Musk Pays Just $1.5 Million to Settle SEC Suit Accusing Him of Underpaying Twitter Investors by $150M

by RG | May 4, 2026 | Law.com

The deal reflects a stark difference in enforcement philosophies between President Joe Biden’s SEC chair, Gary Gensler, who brought the case, and Trump’s SEC chair, Paul Atkins.        The deal reflects a stark difference in enforcement philosophies...
Alito Clashes With Jackson as Supreme Court Facilitates Louisiana Map Redraw

Alito Clashes With Jackson as Supreme Court Facilitates Louisiana Map Redraw

by RG | May 4, 2026 | Law.com

“The dissent accuses the Court of ‘unshackl[ing]’ itself from ‘constraints,'” Justice Samuel Alito Jr. wrote. “It is the dissent’s rhetoric that lacks restraint.”       “The dissent accuses the Court of...
Planned $110B Paramount-Warner Merger Faces Consumer Antitrust Challenge

Planned $110B Paramount-Warner Merger Faces Consumer Antitrust Challenge

by RG | May 4, 2026 | Law.com

“A quick review of the complaint reads like a fanciful work of fiction that is untethered from the facts and without merit,” a Paramount spokesperson said after consumers filed a lawsuit in California federal court seeking to block the company’s...
Chicago Cubs’ Suit Against Rooftop Viewing Spot Can Continue, Fed. Judge Rules

Chicago Cubs’ Suit Against Rooftop Viewing Spot Can Continue, Fed. Judge Rules

by RG | May 4, 2026 | Law.com

A Chicago federal judge said the baseball team sufficiently alleged a rooftop owner and his business profit from the team’s live game experience at Wrigley Field without paying for it.       A Chicago federal judge said the baseball team sufficiently alleged a...
New Mexico Justice Department Wants Meta to Pay $3.7B to Fund Teen Mental Health Programs

New Mexico Justice Department Wants Meta to Pay $3.7B to Fund Teen Mental Health Programs

by RG | May 4, 2026 | Law.com

Meta attorney Alex Parkinson of Kellogg, Hansen, Todd, Figel & Frederick told First Judicial District Chief Judge Bryan Biedscheid that the state’s proposed abatement fund is an “unprecedented demand for money.”       Meta attorney Alex Parkinson...
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