War In Iran Has Cost Pentagon $38B, CBO Report Says

By Madeline Lyskawa

The Congressional Budget Office said in a report that the ongoing armed conflict between the United States and Iran has cost the U.S. Department of Defense an estimated $38 billion and contributed to inflation in the first half of 2026.

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Contractor, Defense Agency Reach Ch. 11 Claim Setoff Deal

By Vince Sullivan

Bankrupt government defense contractor Noble Supply & Logistics LLC reached a short-term deal with the Defense Logistics Agency on Wednesday in Delaware court that will allow for the agency to make contractual payments to the debtor as it pursues a Chapter 11 asset sale.

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4th Circ. Doubts Standing In $9B Lockheed Pension Fight

By Kellie Mejdrich

The Fourth Circuit appeared open Wednesday to shutting down retirees' challenge to a $9 billion Lockheed Martin pension risk transfer, with judges voicing doubt about a Maryland judge's holding that ex-Lockheed workers had the standing needed to keep their case in court.

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EU Eyes Canada As First Associate Member Amid Rift With US

By Dylan Moroses

The European Union may take steps to include Canada as its first associate member in the wake of growing U.S. trade uncertainty, European Commission President Ursula von der Leyen said Wednesday.

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Senate Committee OKs Free Speech Bill Despite AI Worries

By Nadia Dreid

A bipartisan bill aimed at preventing the government from leaning on media companies to suppress the speech of third parties made it through committee Wednesday morning, but not until the leadership of the U.S. Senate Commerce Committee went head-to-head with each other on the matter.

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House Clears Russia Sanctions Bill With New Tariff Powers

By Dylan Moroses

The U.S. House of Representatives approved legislation Wednesday that would enhance President Donald Trump's economic tools to pressure Russia and Iran, including new tariff authorities to impose duties on imports from countries found to economically support Russia, sending the bill to his desk.

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Tesla, SpaceX Say Terafab Plant Doesn't Infringe Startup's TM

By Gina Kim

Tesla and SpaceX asked a Texas federal judge to find their planned "Terafab" semiconductor manufacturing facility doesn't infringe nanotechnology startup TERA-print's marks, arguing in a declaratory judgment action Tuesday the likelihood of confusion is "vanishingly small" as the parties' products, clients and commercial contexts are completely different. 

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Dow Pans 'Repackaged' Claims In Retooled NJ Pollution Suit

By George Woolston

Dow Chemical Co. and other manufacturers of a product containing a potentially cancer-causing compound urged a state court on Wednesday to toss for good a portion of New Jersey's lawsuit alleging widespread groundwater pollution, arguing that the state failed to cure deficiencies the court previously identified.

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Series

Law School's Missed Lessons: Cultivating Good Judgment

Law schools generally overlook the role that solid judgment skills play in real-world practice, but attorneys can bridge the gap by strengthening their abilities to assess a case’s strengths and weaknesses, develop and execute effective strategies, and provide clear recommendations to clients, says Manny Caixeiro at Venable.

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Burford Exec, Holland & Knight Adviser Open AI-Native Firm

By Andrea Keckley

Two veterans of the legal industry announced on Wednesday that they have teamed up to launch FairPlay Law, an AI-native firm based in Manhattan and focused on representing employees.

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Michael Best Combines With NY-Based Kane Kessler

By Kevin Penton

Michael Best & Friedrich LLP announced Wednesday that it is combining with New York-based firm Kane Kessler PC, adding 36 attorneys and a Big Apple presence to a firm that ranked 143rd on Law360's list of the nation's largest law firms.

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Protesters Say Feds' Fight Shows Need For Misconduct Probe

By Lauraann Wood

The U.S. government's opposition to a special investigation of prosecutorial misconduct that "poisoned" a now-dismissed criminal conspiracy case suggests Chicago prosecutors are still shielding critical details regarding the extent of official communications preceding the prosecution, underscoring the probe's necessity, protesters argued Tuesday.

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Apple Backs Its $132K Fee Ask Over 'Bad Faith' Subpoenas

By Bonnie Eslinger

Apple has urged a California federal magistrate judge to grant its $132,700 attorney fee request as a sanction against plaintiff consumers' lead lawyer in antitrust litigation claiming Google muscles out rival search engines, but said Apple's counsel doesn't want to disclose their "highly and competitively sensitive" negotiated legal rates.

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Newman Saga Prompts Bill To Limit Judicial Suspensions

By Courtney Bublé

The long-running saga over Federal Circuit Judge Pauline Newman's fitness to remain on the court has exposed "major flaws" in the judicial accountability system, according to a Republican member of the House who introduced a bill Wednesday to reform it.

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Brief

Senate Panel Weighs 6 Trump Judicial Picks From Red States

By Courtney Bublé

Six nominees for U.S. district judge appeared before the Senate Judiciary Committee on Wednesday for their nomination hearing.

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