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Akin Gump Strengthens Global Creditor-Side Franchise with Addition of Market-Leading London Restructuring Team; Neil Devaney Named Head of London Financial Restructuring

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(London) — Akin announced today that Neil Devaney, Lois Deasey and Matt Benson—all of whom previously practiced at Akin—have re-joined the firm as partners in London. The team, who have worked together for over a decade advising the world’s most sophisticated credit investors on complex cross-border restructurings and capital solutions, brings next-generation leadership and depth of experience […]

Akin Gump Strengthens Global Creditor-Side Franchise with Addition of Market-Leading London Restructuring Team; Neil Devaney Named Head of London Financial Restructuring Read More »

The OpenAI Defense: Inside the Wachtell Trial Team That Just Beat Elon Musk

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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.

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From 40 Hours To 4: Is AI Forcing A $200 Billion Rewrite Of The BigLaw Billable Hour?

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Forty hour week

Norma Harris The short answer: When AI cuts a doc review from 40 hours to 4, BigLaw does not lose 90% of the revenue — at least not yet. Firms are absorbing the productivity gain into higher effective rates, expanding scope, and pushing the saved hours onto more matters. Aggregate Am Law 100 revenue rose

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Australian Firm Thomsons Bets on AI With Launch of New AI Legal Brand

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Australia’s legal market has its latest sign that AI is moving from conference-room buzzword to business model as national law firm Thomsons (formerly Thomson Geer) unveils a major rebrand alongside the launch of Faculti Lawyers, a new incorporated legal practice built to handle high-volume legal work using proprietary AI technology. The move reflects a growing

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How a Box of Hong Kong Cupcakes Triggered a $36m Law Partner Meltdown

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Bitter bustup

Quick question: “If a star rainmaker built ‘their’ office, do they get to secretly take it with them – or does the partnership own everything they touch?”

When the Australian Financial Review recently devoted a major feature to “the $36 million box of Hong Kong cupcakes”, it wasn’t really about baked goods – it was about how a high‑performing litigation boutique managed to blow itself up in plain sight.
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How Many Lawyers Are in the US? (2026 Statistics)

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1,374,720 Active Lawyers in 2026 – Salaries, Demographics, State Rankings & BigLaw Trends Sonia Hickey, LawFuel contributing editor Knowing how many lawyers are in the US tells you more than just a headcount. It shows where the legal job market is heating up, how the profession is shifting demographically, what new graduates can realistically expect

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Jude Law, Aaron Judge, and the Legal AI Arms Race: Why Legora Is Betting Big on Star Power

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Legal AI Just Went All Hollywood The legal technology sector has seen plenty of bold claims. But very few startups have had the audacity — or the funding — to enlist a People magazine Sexiest Man Alive to sell AI software to managing partners. Swedish legal AI company Legora is doing exactly that. “We felt

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Six-Figure Social Security Checks Could Soon Be Capped—Here’s What Lawyers Should Tell Clients Now

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Social security cuts

Lawmakers Eye Caps on Social Security Benefits and COLAs – What Elder Law and Retirement Attorneys Need to Watch – And How they can market to the lucrative elder law market Social Security is barreling toward a funding cliff, and Washington policy wonks have zeroed in on a politically palatable fix to rein in the

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Cleary Gottlieb London Office Recruits Seventh Partner Hire This Year

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Cleary Gottlieb announced that David Christmas will join the firm’s London office on May 5 as a partner in its top-tier Global Funds practice David’s practice focuses on fund formation across a range of alternative asset classes, and he also has significant experience in GP-led secondary transactions. “The continued expansion of our global funds and

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