President Donald Trump's recent executive order making fixed-price contracts or contracts that tie profit to performance metrics the default for federal contracting could lead to costlier government procurement and less competition, in contrast to the administration's stated goals.
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TOP NEWS

Analysis

Trump's Fixed-Price Contract Default Could Raise Gov't Costs

By Madeline Lyskawa

President Donald Trump's recent executive order making fixed-price contracts or contracts that tie profit to performance metrics the default for federal contracting could lead to costlier government procurement and less competition, in contrast to the administration's stated goals.

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Pentagon Reaches AI Deals For Classified Network Use

By Ganesh Setty

The U.S. Department of Defense announced new deals Friday with major technology companies including Nvidia, Google and SpaceX, letting their artificial intelligence systems into its own classified networks.

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Q&A

How Paul Clement Does It All

By Katie Buehler

For most lawyers, getting to argue before the U.S. Supreme Court is a once-in-a-lifetime event, but for a select few, it's a common occurrence. Clement & Murphy PLLC name partner Paul Clement is one of those lawyers. 

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Top Groups Lobbying The FCC

By Christopher Cole

The Federal Communications Commission heard from lobbying groups almost 140 times in April on issues ranging from satellite spectrum sharing to the upcoming auction of C-band, changes to the E-Rate funding program, rules to tamp down on robocalls and more.

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ENFORCEMENT

Ex-Fla. Rep. Guilty Of FARA Violations For Venezuela Work

By Carolina Bolado

A Florida federal jury on Friday found former Florida congressman David Rivera guilty of failing to register as a foreign agent after signing a $50 million contract with a unit of Venezuela's state-owned oil company.

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LITIGATION

Analysis

5 Argument Sessions Benefits Attys Should Watch In May

By Kellie Mejdrich

HP, Siemens and Honeywell will defend victories in 401(k) forfeiture suits at the Ninth and Third circuits, while union pensioners will battle over life insurance and early retirement benefits at the Tenth and Seventh circuits. Here, Law360 looks at five coming oral argument sessions that benefits attorneys may want to keep an eye on.

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Boeing, DOJ Say No Need For Full 5th Circ. Review Of NPA

By Linda Chiem

Boeing and the federal government have said the full Fifth Circuit doesn't need to revisit a panel's decision declining to upend the U.S. Department of Justice's nonprosecution agreement with Boeing closing out allegations the American aerospace giant conspired to defraud safety regulators about its 737 Max jets.

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SpaceX Sued Over Rocket Noise Damage To Homes

By José Luis Martínez

Dozens of South Texas homeowners sued SpaceX in federal court, alleging the company's rocket activity at its Starbase facility repeatedly damaged their homes with noise, vibrations and sonic booms.

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Boeing 737 Max Judge Delays Ruling On Punitive Damages

By Ben Adlin

A Washington state judge overseeing Boeing 737 Max passengers' consolidated lawsuit over the 2024 blowout of an aircraft door panel agreed Friday to delay ruling on the company's motion to preclude punitive damages, allowing the plaintiffs an opportunity to conduct further discovery into management's alleged role in the incident.

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LEGAL INDUSTRY

Don't 'Throw' Young Attys Under Bus, Judge Warns Musk Atty

By Dorothy Atkins

The California federal judge presiding over Elon Musk's challenge to OpenAI's for-profit conversion criticized Musk's attorney Marc Toberoff on Friday for eliciting "waste of time" trial testimony into Musk's $97.4 billion acquisition bid, warning Toberoff he "shouldn't throw young lawyers under the bus" by not quickly acknowledging his role.

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Law360's Legal Lions Of The Week

By Kevin Penton

Akin Gump Strauss Hauer & Feld LLP leads this week's edition of Law360 Legal Lions, after a California federal jury cleared Armistice Capital and two of its executives of class action claims that it pumped and dumped $250 million in Vaxart stock during the COVID-19 pandemic and violated federal securities law with insider trading.

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Whistleblower Says DOJ Rushed SPLC Indictment

By Courtney Bublé

A whistleblower has come forward to say a top U.S. Department of Justice official ordered prosecutors in Alabama to "rush" the indictment of the Southern Poverty Law Center despite concerns about the viability of the case, according to Democrats on the House Judiciary Committee.

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California High Court Rejects Dunn's Bid To Nix Suspension

By Adrian Cruz

The California Supreme Court has declined to review a California State Bar decision to impose a one-year stayed suspension on former State Bar executive Joseph Dunn.

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FTC, DOJ Say ABA Reliance Limits Law School Competition

By Matthew Perlman

The Federal Trade Commission and the U.S. Department of Justice Antitrust Division told the Tennessee Supreme Court the American Bar Association's monopoly over law school accreditations is driving up the cost of legal education.

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Analysis

SEC's Corp. Governance Shift Puts Onus On States, Cos.

By Sarah Jarvis

Lawyers who work with clients on corporate governance matters had a warm response to a recent pledge from U.S. Securities and Exchange Commission Chairman Paul Atkins to let states handle such issues, saying the shift marks a return to the agency's historical approach and may spur increased activity among state regulators.

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Ex-Bondi Adviser Tapped As Fraud Task Force's Chief Lawyer

By Phillip Bantz

Ousted U.S. Attorney General Pam Bondi's former adviser is taking on a new role as general counsel for the White House's fraud task force.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

A pair of proxy advisory firms have sued two state attorneys general over laws they say impose burdensome requirements for issuing recommendations that go against corporate managers' wishes. Meanwhile, KPMG reports that legal is evolving into a key driver of business performance, and AI is a core component of the department. These are some of the stories in corporate legal news you may have missed in the past week.

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Roundup

The Top In-House Hires Of April

By Michele Gorman

Legal department hires during the past month included high-profile appointments at Intel, Colgate and Tripadvisor. Here, Law360 Pulse looks at some of the top in-house announcements from April.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

The past week in London has seen a Swiss energy trader bring a Financial List claim against shipping benchmarking company Baltic Exchange, law firm Slater and Gordon sued by a former client, Slack and Salesforce hit Microsoft with an antitrust claim, and Stephen Fry bring a personal injury claim after he broke bones falling off a stage. Here, Law360 looks at these and other new claims in the U.K.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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COMPANIES IN TODAY'S NEWS

AXA SA

Agiloft Inc.

Alcoa Corp.

Amazon.com Inc.

American Airlines Group Inc.

American Bar Association

American Veterinary Medical Association

Anthropic PBC

Apollo Global Management LLC

Armistice Capital LLC

Banco Santander SA

Bank of Scotland PLC

Barclays PLC

Brigham Young University

British Broadcasting Corp.

Brown & Brown Inc.

CTIA

Chevron Corp.

Coinbase Global Inc.

Colgate-Palmolive Co.

Computer & Communications Industry Association

Concord Music Group Inc.

Coupang, Inc.

Cox Communications Inc.

Deloitte Touche Tohmatsu Ltd.

Deutsche Bank AG

DocuSign Inc.

Ethiopian Airlines Enterprise

FanDuel Inc.

Ford Motor Co.

Fox News Network LLC

GE Vernova Inc.

Glass Lewis & Co. LLC

Google LLC

Guidepost Solutions LLC

HP Inc.

HSBC Holdings PLC

Herzog

Hewlett Packard Enterprise Co.

Honeywell International Inc.

Howmet Aerospace Inc.

Huntington Ingalls Industries Inc.

Instagram Inc.

Institutional Shareholder Services Inc.

Intel Corp.

International Business Machines Corp.

JPMorgan Chase & Co.

KBR Inc.

KPMG International

Kenvue Inc.

Kimberly-Clark Corp.

Lehman Brothers Holdings Inc.

LinkedIn Corp.

M&T Bank Corp.

Marriott International Inc.

Mediterranean Shipping Co. SA

Meta Platforms Inc.

Microsoft Corp.

Monsanto Co.

NVIDIA Corp.

Nasdaq Inc.

National Westminster Bank PLC

Nimble Storage Inc.

OpenAI OpCo LLC

Organon & Co.

Paypal Holdings Inc.

PricewaterhouseCoopers LLP

Public Co. Accounting Oversight Board

Royal Caribbean Cruises Ltd.

STADA Arzneimittel AG

Salesforce.com Inc.

Santander Holdings USA Inc.

Singapore Exchange Ltd.

Slack Technologies Inc.

Smith & Wesson Brands Inc.

Sony Music Entertainment Inc.

Southern Poverty Law Center Inc.

Space Exploration Technologies Corp.

State Bar of California

Sun Pharmaceutical Industries Ltd.

TUI AG

Takeda Pharmaceutical Co. Ltd.

Tesla Inc.

The Boeing Co.

The Wireless Internet Service Providers Association

TripAdvisor Inc.

United Steelworkers

University of Miami

Vaxart Inc.

Webster Financial Corp.

Wells Fargo & Co.

Zoom Communications Inc.

LAW FIRMS IN TODAY'S NEWS

AZB & Partners

Addleshaw Goddard

Akin Gump

Ashfords LLP

Baker McKenzie

Bartlett LLP

Bass Berry

Blank Rome

Bradley Arant

Burns Charest

Carlton Fields

Clement & Murphy

Clifford Law Offices

Cozen O'Connor

Crowell & Moring

DAC Beachcroft

Dechert LLP

Farnan LLP

Farrar & Ball

Fieldfisher

Fladgate LLP

Fox Rothschild

Geragos & Geragos

Gibson Dunn

Girardi & Keese

Guerra LLP

Hickman & Rose

Hogan Lovells

Holland & Hart

Holland & Knight

Hueston Hennigan

Hunton Andrews

Jones Day

Jones Walker LLP

King & Spalding

Kirkland & Ellis

Kreindler & Kreindler

Latham & Watkins

Lewis Silkin

Lewis Thomason

Linklaters LLP

Martin LLP

Mathys & Squire

Maynard Nexsen

McGuireWoods

Miller & Chevalier

MoloLamken

Morgan Lewis

Munger Tolles

Nelson Mullins

Norton Rose

Paul LLP

Paul Weiss

Perkins Coie

Pinsent Masons

Podhurst Orseck

Proskauer Rose

Quinn Emanuel

Reed Smith

Rogers Joseph O'Donnell

Simpson Thacher & Bartlett

Skadden Arps

Slater and Gordon

Slaughter and May

Stephens Scown

Stillman & Friedman

Stokes Lawrence

Sullivan & Cromwell

Toberoff & Associates

Wachtell Lipton

Waters Kraus

Wedlake Bell

Wheeler Trigg

White & Case

Wigdor LLP

WilmerHale

Wilsons Solicitors

X Law Group

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Supreme Court

Executive Office of the President

Federal Acquisition Regulatory Council

Federal Aviation Administration

Federal Bureau of Investigation

Federal Communications Commission

Federal Reserve System

Federal Trade Commission

Indiana Attorney General's Office

Kansas Attorney General's Office

National Aeronautics and Space Administration

National Transportation Safety Board

U.S. Attorney's Office for the Middle District of Alabama

U.S. Attorney's Office for the Northern District of Ohio

U.S. Attorney's Office for the Southern District of Florida

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. Court of Appeals for the Tenth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Defense

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Labor

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Maryland

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Middle District of Alabama

U.S. District Court for the Middle District of Florida

U.S. District Court for the Northern District of California

U.S. District Court for the Southern District of Florida

U.S. District Court for the Western District of Texas

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court