ABA Journal

Corporate Law

2771 ABA Journal Corporate Law articles.

Manage your bankruptcy law practice with this software

Case management software for bankruptcy lawyers has been a burgeoning legal software category for a number of years, and there are now a few products available that cater to this practice area, writes lawyer Nicole Black of MyCase.

Ruling in payday loan case, Supreme Court curbs ability of FTC to obtain restitution

The Federal Trade Commission will have to follow a more cumbersome procedure to obtain restitution or disgorgement as a result of a unanimous U.S. Supreme Court ruling Thursday.

3 Democratic lawmakers call on Barrett to recuse herself in donor disclosure case

Three Democratic lawmakers are asking U.S. Supreme Court Justice Amy Coney Barrett to recuse herself in a First Amendment dispute because a group related to a plaintiff launched a seven-figure ad campaign in support of Barrett's Supreme Court confirmation.

After name partner goes missing, lawyers get no paychecks; clients allege millions of dollars in lost funds

Legal woes are mounting for Kossoff name partner Mitchell Kossoff, who is facing lawsuits from clients alleging the theft of millions of dollars in escrow funds and the resignations of multiple lawyers from his New York City real estate law firm.

Threats of sham lawsuit against well-known singer constitute a crime, 9th Circuit says

Threats of baseless litigation can amount to extortion under the Hobbs Act, the 9th U.S. Circuit Court of Appeals at San Francisco ruled Tuesday.

Departing lawyers who copied firm’s databases may be liable for unfair business practices, top state court says

Departing lawyers who downloaded a “treasure trove” of proprietary materials from their Boston law firm may be liable for unfair or deceptive business practices, the Massachusetts Supreme Judicial Court has ruled.

Increasing revenue while cutting down on billable hours? ‘AI for Lawyers’ says it’s possible

As the founders of a company that provides AI-powered contract analysis software, Kira Systems' Noah Waisberg and Alexander Hudek are used to facing skepticism, fear and doubt from attorneys. Will AI steal their jobs? Would using it violate ethics rules? How can it be good for a business model that relies on the billable hour to cut down on the amount of time that it takes to review a contract?

BigLaw firm must face suit alleging it broke promise to retain lawyer as long as she ‘performed as an average associate’

A California appeals court has revived a lawsuit alleging that Drinker Biddle & Reath broke its promise to retain a lawyer as long as she "performed as an average associate."

Afternoon Briefs: Uber ordered to pay $1.1M to blind passenger; state supreme court overturns mask mandate

Uber must pay $1.1M after drivers discriminated against woman who is blind, arbitrator says

Uber has been ordered to pay a San Francisco woman—who is blind and uses a…

Polsinelli’s commitment to diversity was ‘mere pretense,’ alleges gay ousted partner in bias suit

A former bankruptcy partner at Polsinelli claims that the firm denied him associate and administrative support, lowered his compensation, de-equitized his partnership, and replaced him with a younger, heterosexual woman, all because of his sexual orientation and age.

Law firms are pulling out all the stops in hot hiring market for some lateral associates

Law firms are offering signing bonuses and quickly extending job offers in a bid to lure corporate-transactions associates in a hot hiring market, according to a report by Law.com.

Afternoon Briefs: State supreme court limits use of bail; prosecutors in this state may face stricter discipline

California judges must consider defendant’s ability to pay when setting bail, ruling says

The California Supreme Court ruled Thursday that it is unconstitutional to keep criminal defendants behind bars simply…

Hiring decisions based on first-year grades miss ‘exceptional students,’ according to new paper

Selective opportunities for law students, including law review membership, judicial clerkships and large law firm association positions, are largely based on first-year grades. And the tradition leaves out many "exceptional students," according to a March 22 working paper that studied classes between 1979 and 2019 at an unnamed top 20 law school.

Afternoon Briefs: ACLU wants lawyer’s libel lawsuit tossed; Dershowitz gives limited advice in MyPillow CEO suit

ACLU seeks dismissal of lawyer’s libel suit

The Georgia Supreme Court has agreed to consider whether a lawyer’s libel lawsuit against the American Civil Liberties Union may go to trial.…

Tesla’s board failed to appoint general counsel who could keep Elon Musk in line, unsealed suit alleges

Tesla’s board of directors failed to secure a general counsel who could curtail “erratic” tweeting Tesla CEO Elon Musk, according to a shareholders’ derivative lawsuit unsealed Friday.

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