Later this year, the U.S. will impose 100% tariffs on imported pharmaceuticals, but drug companies could qualify for reduced tariff rates as low as zero if they agree to invest domestically and enter most-favored-nation drug-pricing agreements with the government, according to an executive order President Donald Trump signed Thursday.
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TOP NEWS

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Trump Orders 100% Pharma Tariff, Modifies Metals Duties

By Dylan Moroses

Later this year, the U.S. will impose 100% tariffs on imported pharmaceuticals, but drug companies could qualify for reduced tariff rates as low as zero if they agree to invest domestically and enter most-favored-nation drug-pricing agreements with the government, according to an executive order President Donald Trump signed Thursday.

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Centripetal Loses Fed. Circ. Bid To Save Cybersecurity Patent

By Adam Lidgett

The Federal Circuit on Thursday said it won't restore a Centripetal Networks cybersecurity patent challenged by Keysight Technologies Inc. after being sued in federal court, backing the Patent Trial and Appeal Board's finding that it was invalid.

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US Tariffs Hiked Consumer Prices By 0.5% To 1%, Report Says

By Kevin Pinner

The U.S. government's tariffs imposed last year likely raised consumer prices by 0.5% to 1%, the Yale Budget Lab said Thursday in a report that revised down its initial estimates.

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Brief

ITC Says Chinese Anodes Aren't Harming US Producers

By Jack McLoone

Subsidized Chinese anodes sold into the U.S. at unfair prices aren't harming domestic industry, the U.S. International Trade Commission said Thursday, blocking the U.S. Department of Commerce from issuing duty orders.

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INVESTIGATIONS & REVIEWS

ITC Investigating Hisense, Roku Over TV Patent Claims

By Jack McLoone

The U.S. International Trade Commission is opening an investigation into claims that Hisense and Roku are importing televisions and streaming devices into the U.S. that infringe six patents held by a company that licenses those patents to LG.

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LITIGATION

Ex-Rabobank Officer Pushes OCC Again For $4M In Fee Fight

By Sydney Price

Attorneys of a former Rabobank compliance officer told the Ninth Circuit that the Office of the Comptroller of the Currency should not be allowed to abandon a "ruinous" failed enforcement action without paying $4 million to cover the fees and expenses incurred during the litigation.

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Ownership Limbo Spurs Stay Bid In $380M PetroSaudi Fight

By Joyce Hanson

A PetroSaudi unit has urged a California federal court to continue its stay in litigation by the U.S. government over a $380 million arbitral award purportedly tied to funds embezzled from Malaysia, saying company control remains in limbo in the Cayman Islands and Barbados.

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Fla. Homeowner Says Loan Scam Stripped Homestead Rights

By Isaac Monterose

A Miami homeowner accused a lender in Florida state court of running a "predatory" lending scheme that led to him losing homestead protections and then losing his property in a foreclosure sale.

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PEOPLE

Trade Representative Leader Moves To Baker McKenzie

By Jack Rodgers

Baker McKenzie has hired a former deputy assistant in the Office of the U.S. Trade Representative, who worked with the agency for a decade and most recently as the top attorney on U.S. trade actions, tariffs and other policy.

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EXPERT ANALYSIS

Series

Ultramarathons Make Me A Better Lawyer

Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.

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LEGAL INDUSTRY

ABA, Ex-Judges And Many More Back BigLaw In EO Appeal

By Dorothy Atkins

Numerous bar associations, 239 former judges, 21 states, lawmakers and dozens of other amici curiae have thrown their weight behind BigLaw firms in the Trump administration's consolidated D.C. Circuit appeal seeking to revive executive orders targeting the firms, broadly arguing that the orders are an affront to foundational constitutional rights.

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Legal Sector Lost 700 Jobs In March, Ending Hiring Streak

By Tracey Read

The legal sector began to slow down in March after a year and a half straight of gains, with 700 fewer people employed in lawyer, paralegal and other law-related professional roles last month than in February, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.

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Progressive Org. Rolls Out $3M Anti-Trump High Court Push

By Courtney Bublé

President Donald Trump does not have any vacancies on the U.S. Supreme Court, but a progressive court advocacy organization is not waiting for a justice's departure to launch a multimillion-dollar campaign opposing a possible Trump pick.

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Brief

Justice Alito Treated For Dehydration After Federalist Event

By Courtney Buble

U.S. Supreme Court Justice Samuel Alito felt ill during a Federalist Society event last month and was seen by a doctor "out of an abundance of caution," the high court announced on Friday.

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6th Circ. Axes Atty For 'Inexcusable' AI 'Transgressions'

By Rae Ann Varona

An attorney committed "inexcusable transgressions" by relying on Westlaw's internal CoCounsel artificial intelligence platform for appellate filings and by failing to catch erroneous AI-generated content, the Sixth Circuit said Friday and removed the lawyer from further representing a man who pled guilty to drug trafficking charges.

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Analysis

'Political' Deals Pit DOJ Against State AGs, And Not Just Dems

By Bryan Koenig

Controversial U.S. Department of Justice settlements with Hewlett Packard Enterprise and Live Nation, along with the approval of Nexstar's purchase of Tegna, are increasingly inspiring state attorneys general to strike out on their own as antitrust enforcers, often in direct challenge to a federal government that Democrats have cast as "corrupt."

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Florida Gov., AG Face Criticism For Judge Impeachment Push

By Rose Krebs

Florida Gov. Ron DeSantis and Attorney General James Uthmeier faced pushback this week from some in the state's legal community for calling for the impeachment of a judge for releasing a man who went on to allegedly kill his five-year-old stepdaughter, with critics blasting those calls as being politically motivated and "unethical."

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Analysis

DOJ's New Corporate Enforcement Policy May Eclipse SDNY's

By Sarah Jarvis

The U.S. Department of Justice has put to use for the first time its new corporate enforcement policy of declining prosecutions when companies self-report potential criminal violations, but experts say the new, department-wide initiative has rendered a more business-friendly approach by the Southern District of New York moot.

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Ex-DOJ Official Wants Epstein-Talk Suit Kept In District Court

By Emily Sawicki

A former U.S. Department of Justice acting deputy chief who was fired last year after a hidden-camera video of him discussing the Epstein files was posted online has told a D.C. federal judge his due process case must survive in district court because the Trump administration now controls federal oversight agencies.

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Trump Seeks 13% Boost In DOJ Funding

By Courtney Bublé

The White House budget request for fiscal 2027, released on Friday, seeks $40.8 billion in discretionary funds for the U.S. Department of Justice, a 13% increase from the current year level.

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Judge Stands By Block Of DOJ Subpoenas In Powell Probe

By Jon Hill

A Washington, D.C., federal judge on Friday rejected a U.S. Department of Justice attempt to revive subpoenas from its investigation into Federal Reserve Chair Jerome Powell, saying the government hadn't "come close" to giving him a reason to rethink blocking them.

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Schneider Wallace Loses Bid For Bigger Piece Of $75M Fee

By Lauren Berg

A California federal magistrate judge on Friday rejected Schneider Wallace Cottrell Kim LLP's bid to increase its cut of a $75.4 million fee award for representing plaintiffs in a $228.5 million Sutter Health antitrust deal, saying lead counsel Constantine Cannon LLP's allocation of $1.4 million to Schneider Wallace was fair.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

PayPal was hit with a proposed investor class action that claims the payments giant hid slowing growth for its critical branded checkout business. In the meantime, a Shopify lawyer encouraged his peers during a webinar to make sure their outside counsel have "met the moment" by leveraging artificial intelligence in smart ways. These are some of the stories in corporate legal news you may have missed in the past week.

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Law360's Legal Lions Of The Week

By Kevin Penton

Alliance Defending Freedom, Pearman Law Firm PC and attorney Barry Arrington lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that a Colorado ban on therapy intended to change a minor's sexual orientation or gender identity amounts to viewpoint discrimination against a Christian therapist.

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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

Adams Duerk

Arnold & Porter

Axinn Veltrop

Baker McKenzie

Bartko Pavia

Boies Schiller

Brown & James

Cleary Gottlieb

Clement & Murphy

Clifford Chance

Constantine Cannon

Continental PLLC

Cooley LLP

Debevoise & Plimpton

Eckert Seamans

Foley Hoag

Gibson Dunn

HSF Kramer

Hogan Lovells

Jenner & Block

Jones Day

King & Spalding

Kirkland & Ellis

Latham & Watkins

Liang Ly

Macfarlanes LLP

Mark S. Zaid PC

Morgan Lewis

Munger Tolles

Paul Weiss

Pearman Law Firm

Perkins Coie

Pillsbury Winthrop

Quinn Emanuel

Reed Smith

Ropes & Gray

Schneider Wallace

Selendy Gay

Skadden Arps

Stradley Ronon

Sullivan & Cromwell

Susman Godfrey

Tucker Ellis

Wachtell Lipton

Weddle Law PLLC

Williams & Connolly

WilmerHale

COMPANIES IN TODAY'S NEWS

Alliance Defending Freedom

Amazon.com Inc.

American Bar Association

American Civil Liberties Union

American Express Co.

BlackRock Inc.

Cisco Systems Inc.

Citigroup Inc.

Cottrell Inc.

Cox Communications Inc.

EE Ltd.

Federalist Society

FirstEnergy Corp.

Google LLC

Hatch Henderson Fivel LLC

Hewlett Packard Enterprise Co.

Hisense Co. Ltd.

Institute for Justice

International Association of Privacy Professionals

International Bar Association

International Business Machines Corp.

Keysight Technologies Inc.

Kroll LLC

LG Electronics Inc.

Leonard Green & Partners LP

LinkedIn Corp.

Live Nation Entertainment Inc.

Major Lindsey & Africa LLC

Marriott International Inc.

McCormick & Co. Inc.

Meta Platforms Inc.

NAACP Legal Defense & Educational Fund Inc.

National Association for the Advancement of Colored People

National Association of Attorneys General

Pacific Legal Foundation

Panasonic Corp.

Paypal Holdings Inc.

Rabobank

RealPage Inc.

Roku Inc.

Samsung Electronics Co. Ltd.

Sony Music Entertainment Inc.

Sutter Health

Sysco Corp.

Tegna Inc.

Tesla Inc.

Unilever PLC

United Nations Commission on International Trade Law

Walmart Inc.

Washington Legal Foundation

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Labor Statistics

California Attorney General's Office

California Privacy Protection Agency

City and County of San Francisco, California

Colorado Attorney General's Office

Committee on Foreign Investment in the United States

Employee Benefits Security Administration

European Union

Executive Office of the President

Federal Bureau of Investigation

Federal Bureau of Prisons

Federal Communications Commission

Federal Reserve System

Federal Trade Commission

Florida House of Representatives

Food and Drug Administration

International Trade Administration

International Trade Commission

National Security Council

New York Attorney General's Office

Office of the Comptroller of the Currency

Office of the U.S. Trade Representative

Patent Trial and Appeal Board

Tennessee Attorney General's Office

U.S. Attorney's Office

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

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Federal Circuit

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 Sixth Circuit

U.S. Department of Commerce

U.S. Department of Defense

U.S. Department of Health and Human Services

U.S. Department of Justice

U.S. Department of Labor

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 Massachusetts

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

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

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

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court

World Trade Organization