AI Drug Discovery Biz Valued At $3.8B After Series C Round

By Jade Martinez-Pogue

Artificial intelligence-based drug discovery company Chai Discovery on Tuesday revealed that it reached a $3.8 billion valuation after closing its latest funding round with $400 million in tow.

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Wilson Sonsini-Led TerraFirma Secures $115M Of New Capital

By Jade Martinez-Pogue

Critical infrastructure-focused construction company TerraFirma, advised by Wilson Sonsini Goodrich & Rosati PC, on Tuesday revealed that it raised around $115 million in new capital.

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Fed 'Racing' To Hit Genius Act Rules Deadline, Warsh Says

By Jon Hill

Federal Reserve Chair Kevin Warsh told lawmakers Tuesday that the central bank is "racing" to meet a looming deadline for drafting certain rules required by the Genius Act, the landmark stablecoin law that other federal regulators have already proposed regulations to implement.

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2 Firms Tapped To Lead Super Micro Investor Action

By Sydney Price

A California federal judge has appointed Kessler Topaz Meltzer & Check LLP and Bernstein Litowitz Berger & Grossmann LLP to lead a now-consolidated investor class action alleging Super Micro Computer failed to disclose that a large portion of its server sales were made to Chinese companies in transactions that violated U.S. export controls and led to three arrests.

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Insurance Tech Co. Hits $1.9B Valuation After Fundraise

By Jade Martinez-Pogue

Insurance technology company Cover Genius on Tuesday revealed that it reached a $1.9 billion valuation after completing a $100 million capital raise.

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Take The 2026 Law Firm Compensation Survey

Is your compensation keeping pace with the rate of inflation? Do you know what your colleagues made last year? Help Law360 Pulse answer these questions and more in this year's Law Firm Compensation Survey.

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Analysis

Circuit-By-Circuit Guide To The US Supreme Court's Term

By Jeff Overley

Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu after recently starting to find favor with the justices; and one saw its reputation for independence occupy a rare role in the Supreme Court spotlight.

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Simpson Thacher Put Co. Out Of Business, Fla. Jury Told

By Cara Salvatore

Simpson Thacher & Bartlett LLP put an insurance services company out of business with a poorly constructed private securities offering, the company's founder told a Florida state jury Wednesday in opening arguments for trial in his suit alleging the law firm owes him more than $100 million.

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New Conn. High Court Rules Put Filers On Hook For AI Errors

By Aaron Keller

The Connecticut Appellate and Supreme Courts have published new generative artificial intelligence rules which took immediate effect this week, outlining additional paths for sanctions as the justices weigh the fate of a landlord's attorney who admitted his filings contained ChatGPT-induced errors.

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Cornyn, Tillis Still Waver On Blanche AG Bid After Hearing

By Courtney Bublé

Todd Blanche had his nomination hearing to be attorney general on Wednesday and two key Republican senators still have yet to say if they will support him.

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Senate Confirms Fla. Judge Pick Tied To Trump Pulitzer Case

By Courtney Bublé

The Senate voted 51-46, along party lines, Wednesday to confirm state Chief Judge Jeffrey T. Kuntz for the Southern District of Florida.

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Apple Allowed To Question Withdrawing Hagens ICloud Client

By Bryan Koenig

A California federal judge has allowed Apple to impose conditions on the withdrawal of a Hagens Berman Sobol Shapiro LLP client as a named plaintiff from an iCloud antitrust case, concluding that the consumer's information could be "relevant to spoliation sanctions" or Hagens Berman's adequacy as class counsel.

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Polsinelli, Doctor Seek Toss Of 'Bad Faith' Patent Claims

By Elliot Weld

Polsinelli PC and a doctor who has been a client of the law firm have asked Mississippi and Tennessee federal courts to throw out Zavation Medical Products LLC and Choice Spine LLC's allegations that the firm and its client violated respective state laws by bringing "bad faith" patent infringement claims, saying the statutes the medical device makers rely on can't be brought by distributors or manufacturers.

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Trump Swiftly Fires Court-Appointed Seattle US Atty

By Lauren Berg

Almost immediately after being sworn in as Seattle's new U.S. attorney Wednesday morning, former King County Superior Court judge and federal prosecutor Roger Rogoff was fired by President Donald Trump.

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Dems Probe Clayton's Independence, 2020 Election Views

By Tom Lotshaw

During a Wednesday confirmation hearing for President Donald Trump's pick for national intelligence director, Democratic lawmakers pressed Jay Clayton to explain whether predecessor Tulsi Gabbard should have traveled to Georgia to oversee a search warrant executed at a Fulton County election facility, which she testified the president asked for.

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