Corporate Law

Companies use ‘deceitful tactics’ to market harmful ultra-processed products with ‘addictive nature,’ city’s suit alleges

A lawsuit filed Tuesday by the city of San Francisco alleges that several major food companies used “deceitful tactics it inherited from the Big Tobacco industry” to market harmful ultra-processed foods and to "aggressively sell those products to children.”

Dec 4, 2025 11:20 AM CST

Are you thinking about retirement? Now what?

Retirement is a significant life event that often inspires a mixture of fear, excitement and uncertainty. The ABA Senior Lawyers Division recently aired Stephen Herman’s documentary, Retirement on Trial: A Documentary and Panel Discussion for Lawyers Thinking About Their Next Stage, which examines retirement through the lens of lawyers who are both apprehensive and optimistic about this transition.

Dec 3, 2025 2:33 PM CST

‘Vampire law’ and ‘vibe coding’ among top 2025 legal words

Have you ever heard of “vampire law” or “vibe coding?” If not, you’ll be able to learn all about them in Burton’s Legal Thesaurus, a specialized reference tool for lawyers and other legal professionals that was first published in 1980. They join other top new terms and phrases compiled this year by law professors and academics who are part of a committee tasked with updating the lexicon of law.

Dec 3, 2025 12:27 PM CST

Bankruptcy filings continue to increase, says federal court administration

Bankruptcy filings rose 10.6% in the last year, according to statistics released last week by the Administrative Office of the U.S. Courts.

Dec 1, 2025 12:15 PM CST

Chemerinsky: SCOTUS considers limits on president’s power to fire federal officials

The Supreme Court will hear two cases—Trump v. Slaughter on Dec. 8 and Trump v. Cook on Jan. 21—that are likely to substantially change the law as to when the president can fire those in the executive branch of government. President Donald Trump has claimed that it is a “unitary executive,” and that as the head of it, he can fire anyone within it.

Dec 1, 2025 10:53 AM CST

BigLaw firm won’t be sanctioned for hallucinated cases after paying attorney fees

A BigLaw firm that voluntarily paid more than $55,000 in attorney fees because of hallucinated cases in court filings won’t face further sanctions, a federal bankruptcy judge concluded last week.

Nov 24, 2025 2:36 PM CST

The advantages of using an AI agent in contract review

Ari Kaplan recently spoke with Brian Powers, the co-founder and CEO of Markups.ai, a company that created an AI agent called Agent Marko to draft, revise and analyze contracts from clients' inboxes with no new platform required, and Debbie Epstein Henry, the founder of DEH Consulting, Speaking, Writing and the chief strategic adviser to Markups.ai.

Nov 20, 2025 12:06 PM CST

Facebook owner Meta is not an illegal monopoly, judge rules

A federal judge has rejected the Federal Trade Commission’s effort to force Meta to divest its acquisitions of Instagram and WhatsApp, saying the government hadn’t made its case that the Facebook owner is an illegal monopoly.

Nov 19, 2025 9:10 AM CST

McDermott acknowledges ‘fielding inbound interest’ from outside investors as it listens to new ideas

McDermott Will & Schulte said it is “fielding inbound interest” from outside investors after the Financial Times reported that the law firm is considering splitting off its back-office work into a managed service organization in which private equity could own a stake.

Nov 18, 2025 9:03 AM CST

2 BigLaw firms announce merger that will ‘leverage the power of AI’ to serve clients

Perkins Coie and Ashurst announced a planned merger Monday that will create a law firm with about 3,000 lawyers in 52 offices in 23 countries.

Nov 17, 2025 1:36 PM CST

Law firms see ‘sharp spike’ in demand in third quarter, report says

Demand for legal services increased 3.9% in the third quarter of 2025, a “sharp spike” that made it the fourth-highest quarter for demand in two decades, according to a report based on data from major law firms in the United States and key international markets.

Nov 13, 2025 2:13 PM CST

Davis Polk will pay $25K stipend to 2027 summer associates ‘giving back’ in summer 2026

Law students who work as a summer intern in nonprofit, government or academic positions in 2026 will be paid a $25,000 stipend if they join Davis Polk & Wardwell as a summer associate in 2027.

Nov 13, 2025 11:26 AM CST

How in-house counsel are increasingly turning to generative AI

Generative artificial intelligence has changed the practice and business of law in a short amount of time, and that’s especially been the case for in-house counsel.

Nov 12, 2025 9:19 AM CST

Supreme Court appears skeptical of legality of most of Trump’s tariffs

The Supreme Court appeared skeptical of arguments Wednesday that President Donald Trump has legal authority to impose tariffs on a vast range of goods from nearly all countries, signaling the justices could strike down or limit the administration’s signature economic policy.

Nov 5, 2025 1:52 PM CST

More firms are helping lawyers stress less over money

Zooming in on the legal profession, 67% of all young lawyers and 68% of young lawyers with student loan debt feel stressed or anxious because of their finances, according to a 2024 survey by the ABA Young Lawyers Division. The survey also found early career lawyers with high debt are delaying marriage and having children and are struggling to reach savings and investment goals.

Nov 3, 2025 2:14 PM CST