A BigLaw attorney who was able to move through three major firms while allegedly orchestrating a massive insider trading scheme may have been aided by relatively loose hiring practices for associates that firms may consider strengthening moving forward, recruiting experts told Law360.
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Analysis

Insider Trading Case Shows BigLaw Associate Vetting Gaps

By Chris Villani

A BigLaw attorney who was able to move through three major firms while allegedly orchestrating a massive insider trading scheme may have been aided by relatively loose hiring practices for associates that firms may consider strengthening moving forward, recruiting experts told Law360.

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'Pig Butchering' Crypto Scam Victim Seeks $962K From IRS

By Kat Lucero

An Ohio man told a district court that the Internal Revenue Service wrongly denied his tax deduction claim for a loss of over $800,000 from a cryptocurrency "pig butchering" scheme despite the extensive documentation of the fraud he said he provided to the agency.

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Algorithms In Senate Spotlight After Social Media Suit Losses

By Emily Field

Lawyers and parents on Wednesday urged lawmakers to strengthen protections for children online, focusing on the addictiveness of social media algorithms after two recent trial losses for Big Tech.

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Meta Starts NM Defense As Midtrial Win Bid Fails

By Cara Salvatore

A judge denied Meta a midtrial win Thursday morning over harm to underage social media users, prompting the social media giant to call an executive to begin building a defense case that platform changes requested by New Mexico's attorney general are unnecessary or even counterproductive.

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POLICY & REGULATION

New Bill Would Ban Chinese Point-Of-Sale Tech For DOD

By Nadia Dreid

The U.S. Department of Defense would be banned from using any Chinese-made point-of-sale technology — devices like those that allow people to tap their cards to pay — in its buildings, if one Republican congressman gets his way.

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LITIGATION

United Rentals, Ex-Worker Strike Deal In Noncompete Suit

By Aaron Keller

United Rentals Inc. on Thursday asked a Connecticut federal judge to approve a permanent injunction blocking a former North Carolina salesperson from working for a competitor within 100 miles of United's Raleigh branch office through mid-January 2027, ending a 4-month-old noncompete suit.

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Google Says DOJ's Search Win Can't Help Yelp Suit

By Bryan Koenig

Google urged a California federal judge on Wednesday not to let Yelp invoke the U.S. Department of Justice's D.C. search monopoly win in the local search provider's own antitrust case, arguing that the two lawsuits look at the interconnection between local and general search through fundamentally different lenses.

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Brief

Fed. Circ. Won't Eye Part Of Columbia's Axed $600M IP Win

By Elliot Weld

The Federal Circuit said Thursday it won't take up Columbia University's request for it to reconsider a portion of a panel decision by the appellate court that discarded a nine-figure patent judgment against the maker of Norton antivirus software.

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Brief

Cheerleading Co. Gets Final OK For Data Breach Settlement

By Ganesh Setty

A Texas federal court on Thursday gave final approval for a $1.1 million class action settlement to resolve claims that cheerleading apparel company Varsity Brands Inc. failed to prevent and address a data breach impacting nearly 66,000 people.

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PEOPLE

Pierson Ferdinand Cybersecurity Litigator Joins Clark Hill

By Adrian Cruz

Clark Hill PLC announced Thursday that an experienced cybersecurity and privacy litigator has joined the firm's San Francisco office from Pierson Ferdinand as a partner.

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EXPERT ANALYSIS

AG Watch: Reconciling 2 Maryland Data Privacy Statutes

In-house counsel should map the interplay between the Maryland Online Data Privacy Act's strictly necessary standard to deliver a requested service, and the Protection From Predatory Pricing Act's exemption of consent-based pricing within loyalty programs, before the state attorney general begins enforcement on the latter in October, says Erek Barron at Mintz.

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Framing AI Risk Management In The Art World

With gallery professionals indicating a widening gap between operational adoption of artificial intelligence and cultural acceptance of AI as an art medium, certain intellectual property, privacy and governance considerations are becoming critical for art industry stakeholders, say attorneys at Holland & Knight.

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New Cuba Sanctions Raise Risks For Foreign Banks, Cos.

President Donald Trump's bold move leveling secondary sanctions against Cuba expands enforcement risk for foreign banks and companies with no U.S. nexus, signaling that non-U.S. businesses should reassess related transactions, counterparties and exposure as regulators test this broader authority, say attorneys at Troutman.

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Series

Playing Basketball Makes Me A Better Lawyer

My grandfather used to say "I wear your jersey" as shorthand for wholly committing to support someone with loyalty and integrity — ideals that have shaped my life on the basketball court and in legal practice, says Tracy Schimelfenig at Schimelfenig Legal.

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LEGAL INDUSTRY

ABA Section Votes To Scrap Law School DEI Standards

By Emma Cueto

The American Bar Association's legal education section on Friday voted to eliminate its requirements that law schools show a commitment to diversity in their student body in order to remain accredited, a policy that has been under fire since a 2023 U.S. Supreme Court ruling striking down affirmative action in higher education.

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Fed. Circ. Drops A Theme Song, Talks Guest Judges

By Dani Kass

The Federal Circuit's full lineup came together Friday to provide practitioners with insight about their experience sitting on other courts, in a conference where the chief judge dropped the court's first (and only) single.

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Alston & Bird, Banks Sued Again Over $328M Goliath Scam

By Jack Karp

Another proposed class of investors sued Alston & Bird LLP and a trio of financial institutions Friday over their alleged roles in a $328 million cryptocurrency scam orchestrated by Goliath Ventures Inc.

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Fed. Circ. Urges Justices To Reject Newman Suspension Case

By Ryan Davis

The Federal Circuit has urged the U.S. Supreme Court not to hear Judge Pauline Newman's appeal targeting a suspension imposed on her by the court's other judges, arguing that a lower court correctly held that her challenges to the order are not subject to judicial review.

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Law360's Legal Lions Of The Week

By Kevin Penton

Pillsbury Winthrop Shaw Pittman LLP and Haynes Boone lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that federal courts that have sent disputes to arbitration have jurisdiction to confirm or vacate subsequent awards.

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Brief

Colorado Passes Bill Banning Fee Sharing With Nonlawyers

By Emily Sawicki

The Colorado Legislature has approved a bill to bar attorneys and law firms operating in the state from sharing fees and revenue with non-attorney-owned firms, known as alternative business structure firms, making Colorado the latest state to tamp down the practice.

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Girardi Trial Judge Josephine Staton To Take Senior Status

By Ryan Boysen

The California federal judge who sentenced disgraced trial attorney Tom Girardi to prison for wire fraud last year has announced that she'll be taking senior status in the fall, allowing President Donald Trump to appoint her successor.

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Roundup

Balancing The Scales: Justices To Revisit Sentencing Rules

By Orlando Lorenzo

The U.S. Supreme Court will take a closer look at a circuit split over the deference that should be allotted to U.S. Sentencing Commission commentary, and a man convicted in the killing of an infant has been released after 27 years served over evidence that points to pneumonia as the likely cause of death.

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Atty Tied To Trump Pardon Headed For August Extortion Trial

By Stewart Bishop

A New York federal judge on Friday set an August trial date for a South Carolina attorney and lobbyist on extortion charges tied to his work as a purported go-between for people with serious legal troubles seeking clemency from President Donald Trump.

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Roundup

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

By Megan Norcott

The past week in London has seen singer Rita Ora be sued by her management company, the billionaire Gertner brothers file a part 8 claim and Stephenson Harwood lodge a debt claim against a member of the Bulgari jewelry dynasty. Here, Law360 looks at these and other new claims in the U.K.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

PayPal settled with the DOJ to end a probe into what the government agency said was a discriminatory investment program for Black- and minority-owned businesses. Meanwhile, Meta's global head of legal operations during a panel discussion predicted that the billable hour will be the exception — not the rule — in five years. These are among the stories in corporate legal news you may have missed in the past week.

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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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LAW FIRMS IN TODAY'S NEWS

Alston & Bird

ArentFox Schiff

Ashfords LLP

BPE Solicitors

Baker McKenzie

Brabners LLP

Brown & Crouppen

Carmody Torrance Sandak & Hennessey LLP

Clark Hill

Clement & Murphy

Clyde & Co

Covington & Burling

Cripps LLP

DLA Piper

DWF LLP

Davis Polk

Edwin Coe

Federman & Sherwood

Foot Anstey

Freshfields

Gibson Dunn

Girard Sharp

Goodwin Procter

Greenberg Traurig

Harrison Goddard Foote

Hausfeld LLP

Haynes Boone

Hill Dickinson

Hogan Lovells

Holland & Knight

Joseph Hage

Kellogg Hansen

Kennedys Law LLP

King & Spalding

Kingsley Napley

Kirkland & Ellis

Kline & Specter

Latham & Watkins

Leigh Day

Levine Kellogg

Lynn Pinker

Meister Seelig & Schuster

Mintz Levin

Mishcon de Reya

MoloLamken

Morgan Lewis

Morrison & Foerster

Morrison Cohen

Motley Rice

Paul Weiss

Penningtons Manches

Pillsbury Winthrop

Power Rogers

Quarles & Brady

Quinn Emanuel

Reynolds Porter

Roche Pia

Ropes & Gray

Setfords Solicitors

Shoosmiths LLP

Sidley Austin

Simpson Thacher & Bartlett

Skadden Arps

Stephenson Harwood

Sullivan & Cromwell

Tax Workout Group

Troutman

Umhofer Mitchell

Venable LLP

Wachtell Lipton

Walker Morris LLP

Weil Gotshal

Williams & Connolly

Wilson Sonsini

COMPANIES IN TODAY'S NEWS

AB Electrolux

AXA SA

Amazon.com Inc.

American Bar Association

American Civil Liberties Union

Apple Inc.

BMS Group

BSH Hausgeräte GmbH

Bank of America Corp.

Beacon Hill Staffing Group LLC

Boston Scientific Corp.

British American Tobacco PLC

British Broadcasting Corp.

Britvic PLC

Bulgari SpA

C.H. Robinson Worldwide Inc.

Cemex, S.A.B. de C.V.

Coinbase Global Inc.

Consumer Federation of America

Corporate Legal Operations Consortium

Debenhams PLC

Earthjustice

Ethiopian Airlines Enterprise

Gen Digital Inc.

Golden Gate University

Google LLC

HSBC Holdings PLC

ING Groep NV

InCloud LLC

Instagram Inc.

Integer Holdings Corp.

Investments Ltd.

JPMorgan Chase & Co.

Johnson & Johnson

LinkedIn Corp.

LionTree LLC

Managed Funds Association

Marriott International Inc.

Marubeni

MasterCard Inc.

Mediterranean Shipping Co. SA

Medtronic PLC

Meta Platforms Inc.

Microsoft Corp.

Momenta Pharmaceuticals Inc.

Mozilla Corp.

New Civil Liberties Alliance

Nippon Life Insurance Company of America

NortonLifeLock Inc.

OpenAI OpCo LLC

PG&E Corp.

Paypal Holdings Inc.

Pilgrim's Pride Corp.

Pindrop Security Inc.

ROC Nation LLC

Samsung Electronics Co. Ltd.

Snap Inc.

South Carolina Bar

Southeastern University

Suncor Energy Inc.

The Catholic University of America

The Goodyear Tire & Rubber Co.

Thryv Inc.

TikTok Inc.

Tokio Marine & Nichido Fire Insurance Co. Ltd.

United Rentals Inc.

Varsity Brands LLC

Visa Europe

Watanabe Schwartz

Wells Fargo & Co.

Yelp Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

City of New York

Colorado Supreme Court

Companies House

Competition Appeal Tribunal

Department for Business, Energy and Industrial Strategy

Equal Employment Opportunity Commission

Federal Communications Commission

Financial Conduct Authority

Georgia Supreme Court

House Committee on Energy and Commerce

Internal Revenue Service

International Trade Commission

Maryland Attorney General's Office

Maryland General Assembly

Massachusetts Supreme Judicial Court

National Labor Relations Board

New Mexico Attorney General's Office

Office of Foreign Assets Control

Patent Trial and Appeal Board

Pennsylvania Supreme Court

Small Business Administration

U.S. Attorney's Office

U.S. Attorney's Office for the Eastern District of New York

U.S. Copyright Office

U.S. Court of Appeals for the Federal Circuit

U.S. Department of Defense

U.S. Department of Education

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of State

U.S. Department of the Treasury

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

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

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Maryland

U.S. District Court for the District of Massachusetts

U.S. District Court for the Eastern District of New York

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

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

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

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

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

U.S. District Court for the Southern District of New York

U.S. Environmental Protection Agency

U.S. House of Representatives

U.S. Immigration and Customs Enforcement

U.S. Merit Systems Protection Board

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Sentencing Commission

U.S. Supreme Court

UK High Court

UK Intellectual Property Office (IPO)

US Office of Management and Budget

United States District Court for the Northern District of West Virginia

United States District Court for the Southern District of Ohio

Yurok Tribe