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- How Trump Turned Big Law Lobbying Into A Billion‑Dollar Profit Engine
When Donald Trump turned Washington into a rolling policy experiment, most law firms braced for chaos, but a handful quietly built something else: – a brand new profit engine. Lobbying and government‑relations work, once treated as a sideline for politically connected partners, has become one of Big Law’s fastest‑growing business and a new career path for lawyers from DC to Westminster The Trump‑Era Shock For decades, lobbying has sat on the fringes of large law firms and what they traditionally do. There were always a few partners with good contacts, intermittent mandates, and work that was important but they were rarely central to the firm’s story and what the firm really ‘did’. Log in to read . . . - What Does the KPMG Scandal Means for Law Firms and Internal Investigations
- Kennedy’s Report 12th Year of Growth As The Firm Moves Towards Its $1 Billion Target
- The OpenAI Defense: Inside the Wachtell Trial Team That Just Beat Elon Musk
While Elon Musk’s legal team tried to transform a federal courtroom in Oakland, California into an existential debate about the fate of human civilization and a “stolen charity,” Sam Altman’s defenders quietly built a procedural guillotine. A unanimous nine-member federal advisory jury took less than two hours to reject all of Musk’s claims against OpenAI, CEO Sam Altman, and President Greg Brockman, which presumably was both surprising and disappointing for the multi-billionaire. U.S. District Judge Yvonne Gonzalez Rogers immediately adopted the verdict from the bench, dismissing the case in full. The same statute-of-limitations finding wiped out Musk’s aiding-and-abetting claim against Microsoft, an early backer of OpenAI’s for-profit arm. Log in to the the lawyer profiles . . . - The $8 Billion Fight That Shows Why Litigation Is Still the City’s Ultimate Blood Sport
A monster battle is unfolding in the sprawling claim against audit powerhouse PwC, born from the spectacular implosion of Chinese property behemoth China Evergrande, the most indebted property group in the world. Senior silks like Richard Handyside KC, the Fountain Court Chambers’ Head, are facing off against those from 3 Verulam Buildings (3VB) where Adrian Beltrami KC represents the liquidators as they battle over allegations of negligence and misrepresentation in the $8.4 billion battle. The numbers are eye-watering, even by City standards. Evergrande’s liquidators (led by Alvarez & Marsal’s Edward Middleton and Tiffany Wong) are pursuing 57 billion yuan (roughly $8.4 billion) in damages from PwC International, PwC Hong Kong, and PwC’s mainland China arm. They allege serious audit negligence and misrepresentation in the years leading up to Evergrande’s historic collapse, a King-sized property failure in a long list of major property failures. Log in to read more . . .
