4 Firms Steer Rowan's $1.5B Deal For Data Center Pipeline

By Nate Beck

Blackstone-backed data center builder Rowan Digital Infrastructure said Thursday that it secured $1.5 billion in total financing to support its development work in transactions advised by Simpson Thacher & Bartlett LLP, Dechert LLP, Kirkland & Ellis LLP and Milbank LLP.

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Gibson Dunn Gains 120 Funds Lawyers From Weil

By Andrea Keckley

A team of 120 private funds attorneys from Weil Gotshal & Manges LLP, including 23 partners, is joining Gibson Dunn & Crutcher in New York, London and Washington, D.C., as their predecessor firm prepares to close its doors, according to an announcement on Thursday.

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Former CFTC Commissioner Among Trump's Picks For SEC

By Hailey Konnath

President Donald Trump on Thursday unveiled his picks for the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission, notably nominating former CFTC Commissioner Kristin Johnson for a Democratic seat on the SEC.

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Defense Tech UForce Valued At $6B After $700M Funding

By Jade Martinez-Pogue

Defense technology firm UForce on Thursday revealed it reached a $6 billion valuation after closing its Series A funding round with $700 million in tow.

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Deals Rumor Mill

Fox Aims To Raise $8B For Roku Buy, Plus More Rumors

By Jade Martinez-Pogue

Media giant Fox is looking to raise around $8 billion to help fund its Roku acquisition, iHeartMedia has dispelled rumors it was considering selling its podcasting unit, and British oil giant BP is in talks to sell a portion of its Brazilian oil block assets.

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Mich. AG Targets Ferry Operator Over Ferry, Parking Monopoly

By Melanie Dorsey

Michigan Attorney General Dana Nessel sued the Hoffmann Family of Cos. on Thursday, accusing the private equity firm of illegally monopolizing passenger ferry service to Mackinac Island and nearby parking facilities through acquisitions that eliminated competition, drove up prices and left residents and visitors dependent on a single operator.

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Paul Weiss Hires S&C Duo For New Silicon Valley Office

By Bonnie Eslinger

Paul Weiss Rifkind Wharton & Garrison has launched a new office in Silicon Valley and its first two partners are Nader Mousavi and Mark Schenkel, prominent corporate dealmakers from rival Sullivan & Cromwell, according to a person familiar with the expansion.

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McGuireWoods Taps Financial Pro From Northern Trust Arm

By Andrea Keckley

McGuireWoods LLP announced Thursday that it has hired a chartered financial analyst from 50 South Capital Advisors LLC, the alternative-investments arm of Northern Trust, to help the firm develop its strategic private markets platform.

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SEC's History Undercuts Its 'Back To Basics' Rationale

The current U.S. Securities and Exchange Commission's enforcement recalibration prioritizing fraud over technical violations has led to a drastic decline in enforcement activity, but the philosophy deviates from decades of enforcement that has always promoted compliance with its prophylactic requirements, says Gerald Hodgkins at Covington.

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Ex-Cravath Staffer Charged With Insider Trading

By Stewart Bishop

A former employee at Cravath Swaine & Moore LLP on Thursday was arrested and charged with insider trading for allegedly exploiting nonpublic information about major deals involving the firm's clients, including Paramount Skydance Corp.'s $110 billion acquisition of Warner Bros. Discovery Inc.

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Posner Remembered For Wide Influence, Pragmatic Approach

By Ryan Boysen

The iconoclastic, prolific and hugely influential U.S. Circuit Court Judge Richard A. Posner is being remembered for a lifetime of relentless advocacy for a more pragmatic approach to the law and a legacy that will ripple through American jurisprudence for decades to come.

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Remembering Richard Posner: A Prolific Jurist

Judge Richard Posner died Tuesday at age 87, leaving a legacy as one of the most influential members of the judiciary who never served on the U.S. Supreme Court. Here, Law360 revisits its coverage over the years of the prolific retired Seventh Circuit judge, including interviews with him about his pragmatic approach to the law, his belief that the courts mistreat pro se litigants and his love of felines.

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Foley Revamps Associate Pay, Advancement Structure

By James Boyle

Foley & Lardner LLP is the latest law firm to alter the way it handles associate compensation and advancement to keep in line with Milbank LLP's update of its own associate pay scale in July.

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Weil's 1,000 Staff Face 'Absorption' Issue In Hunt For Roles

By Daniel Moritz-Rabson

As the approximately 1,000 professional staff members at Weil Gotshal & Manges LLP look for new roles, they're likely to encounter a more difficult job market than the firm's attorneys, recruiters told Law360 Pulse.

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DOJ Exodus Leaves Trump Facing Confirmation Crunch

By Courtney Bublé

Since the Democrats' sweeping victories on Election Day, there has been an exodus of top officials at the U.S. Department of Justice and prospects for confirming permanent replacement are slim.

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Feature

The Go-To Firms For Insurance Litigation In 2026

By Hope Patti

A Florida-based law firm filed the most insurance coverage actions in the first half of 2026, primarily representing policyholders in property damage disputes, while BigLaw firm Gordon Rees Scully Mansukhani was the most frequent choice among insurer defendants.

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Senate Confirms First Judge Of Lame-Duck Period

By Courtney Bublé

The U.S. Senate confirmed Alabama Supreme Court Justice Gregory Cook to the Northern District of Alabama on Thursday, marking the first judicial confirmation of the lame-duck period.

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Proskauer Won't Rep Perplexity In Reddit Data-Scraping Suit

By Matthew Perlman

Perplexity AI Inc. has abandoned its effort to have Proskauer Rose LLP defend against a data-scraping lawsuit from Reddit Inc. after Reddit raised concerns about the law firm's past representation of the social media company.

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Arbitration Assoc. Wants Consumers' Monopoly Suit Tossed

By Rae Ann Varona

The American Arbitration Association urged an Arizona federal court Thursday to toss a proposed class action that accuses the organization of monopolizing the consumer arbitration services market, saying the plaintiff consumers are trying to hold it liable for contracts it never entered into.

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