AI And Data Security Biz Valued At $9B After Funding Round

By Jade Martinez-Pogue

Artificial intelligence and data security company Cyera on Thursday announced that it reached a $9 billion valuation after wrapping its latest funding round with $400 million of investor commitments.

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Benefit Street Partners Closes $10B Multifamily-Focused Fund

By Nate Beck

Asset manager Benefit Street Partners said Thursday it has closed its latest fund at $10 billion, with Ropes & Gray LLP advising, with the fund targeting U.S. commercial real estate investments with a focus on the multifamily sector.

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3 Firms Advise On $500M Good Culture PE Buyout

By Al Barbarino

Consumer-focused investment firm L Catterton has agreed to purchase a majority stake in Good Culture in a deal that values the dairy brand at $500 million, with law firms Winston & Strawn LLP, Kirkland & Ellis LLP and Cooley LLP advising, Good Culture said Thursday. 

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Cooley-Led Eir Partners Wraps $1B Health Tech Fund

By Jade Martinez-Pogue

Cooley LLP-advised private equity shop Eir Partners Capital LP on Thursday announced that it wrapped its third fund with $1 billion of investor commitments, which will be used to invest in health technology and technology-enabled services businesses.

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Analysis

4 Executive Pay Trends Attorneys Will Be Watching In 2026

By Kellie Mejdrich

A potentially sweeping overhaul simplifying the U.S. Securities and Exchange Commission's disclosure regime for public company executive compensation will be top of mind for executive pay practitioners as they look for new developments in the coming year. Here's a look at this and three other areas they'll be keeping an eye on.

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FTC Battles Edwards On Eve Of Heart Valve Merger Deadline

By Bryan Koenig

The Federal Trade Commission asked a D.C. federal judge for a last-minute extension on an order blocking Edwards Lifesciences' $945 million acquisition of JenaValve Technology Inc., fearing difficulty with unscrambling the egg if the block expires Friday, the judge rejects its merger challenge and the deal closes before the agency can appeal.

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Willkie Helps Mutares Buy Thermoplastics Biz For $450M

By Najiyya Budaly

German private equity firm Mutares said Thursday that it will buy the European and American thermoplastics business of Sabic, a Saudi Arabian chemicals heavyweight, for $450 million in the largest transaction it has ever made.

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Kirkland-Led Guidepost Wraps 4th Fund With $521M In Tow

By Jade Martinez-Pogue

Kirkland & Ellis LLP-advised growth equity shop Guidepost Growth Equity on Thursday announced that it clinched its fourth fund above target with $521 million in total investor commitments.

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Weyerhaeuser Says $1.5B Pension Move Didn't Harm Retirees

By Ben Adlin

Lawyers for timber producer Weyerhaeuser and State Street Global Advisors urged a Washington federal judge at a hearing Thursday to throw out a proposed class action from retired workers over Weyerhaeuser's transfer of $1.5 billion in pension obligations to a private equity-backed insurance company, arguing that the retirees have failed to establish the deal actually harmed them.

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Odebrecht To Pay Investors $17.3M To End Bribe-Scheme Suit

By Katryna Perera

An investment firm and its affiliated trusts will receive over $17 million from Brazilian engineering conglomerate Odebrecht SA and two subsidiaries to resolve, before a scheduled trial this month, a suit over an alleged far-reaching bribery scheme, with a New York federal judge ordering final judgment in the suit Thursday.

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Series

Muay Thai Makes Me A Better Lawyer

Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.

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Roundup

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

By Laura Stewart Liberty

This past week in London has seen a collapsed investment firm revive a $15 million dispute with a hedge fund, major Hollywood studios bring an IP claim against the U.K.'s largest internet providers over illegal streaming, and the Department of Health and Social Care sue the law firm and barrister representing it in a pharma competition damages case.

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Jones Day To Help Restore David Bowie's Old London Home

By Jamie Lennox

Jones Day's charitable foundation will help to restore the childhood home of musical icon David Bowie before it opens to the public in late 2027, the historical trust leading the project said Friday.

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Law Firms Closed 2025 With Continued 'Appetite For Hiring'

By Tracey Read

The legal sector continued to defy hiring expectations in spite of uncertainty in the U.S. economy as 2025 drew to a close.

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Bruce Fein Unauthorized To Represent Maduro, Atty Says

By Rachel Rippetoe

When constitutional lawyer Bruce Fein entered in appearance as counsel for former Venezuelan President Nicholas Maduro on Tuesday, it was without having ever spoken to the client, according to a Thursday filing by Maduro's attorney Barry Pollack seeking to remove Fein from the case.

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Calif. Wage Suit Settles Months After Atty Admits To AI Mishap

By Emily Sawicki

A proposed wage and hour class action that drew the legal world's attention in November after the plaintiff's counsel admitted to using a half-dozen artificial intelligence tools to prepare a botched motion has now ended, with a Northern California federal judge granting a joint dismissal following a settlement agreement.

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NJ Justices Nix Atty Registration Fee Hike After Bar Pushback

By Rose Krebs

The New Jersey Supreme Court has rejected a request to raise the annual registration fee for attorneys after the state's bar association complained that a proposed $27 hike for certain attorneys, following prior year increases, was too much at a time when they and their firms face "significantly increasing operational costs."

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New Trade Group Joins Litigation Finance Lobbying Fight

By Ryan Boysen

A new trade group for litigation funders has launched with the aim of enlisting personal injury and mass tort attorneys in a fight against proposed federal laws that it says could threaten the $16 billion litigation finance industry.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

In technology, the increasing use of artificial intelligence by legal departments will be a major concern for general counsel seeking to control costs in the New Year. And in labor matters, the National Labor Relations Board has a new general counsel along with a quorum and is ready to start deciding cases again.

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Law360's Legal Lions Of The Week

By Kevin Penton

Gibson Dunn & Crutcher LLP leads this week's edition of Law360 Legal Lions, after a Ninth Circuit panel affirmed a ruling in which Apple beat claims it illegally blocked third-party access to Apple Watch medical data so it could create rival software.

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Biz Owner's RICO Suit Says 5 Calif. Attys Helped Loot IT Co.

By Daniel Connolly

A business owner has filed a lawsuit this week accusing five attorneys from five different small California law firms of conspiring with his ex-business partner to steal assets from a company the two had jointly owned.

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Ramey Ducks Blackberry's Sanctions Bid Over 'Frivolous' Suit

By Elliot Weld

Patent attorney Bill Ramey has avoided sanctions requested by BlackBerry Corp. for what the smartphone company called the "frivolous and unreasonable" way he litigated a case brought on behalf of Silent Communications LLC.

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