Kirkland-Led PE Firm To Buy UK Software Biz For £208M

By Dawood Fakhir

Private equity firm Accel-KKR said Thursday that it has agreed to acquire British software company Eleco in a cash deal valuing it at approximately £207.6 million ($281 million) after an unsolicited approach earlier in 2026.

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AI Biz Motive Secures $1.3B From General Catalyst

By Jade Martinez-Pogue

Artificial intelligence company Motive on Thursday announced that it secured over $1.3 billion in growth financing, which will be used to boost its platform and scale its go-to-market teams.

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Frazier Life Sciences Adds $1.1B To Its Public Fund

By Jade Martinez-Pogue

Healthcare-focused investment firm Frazier Life Sciences, advised by Kirkland & Ellis LLP, on Thursday revealed that it has closed on more than $1.1 billion of new capital commitments for its Public Fund.

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Fed Colluded With Wall Street On New Capital Rules, Suit Says

By Katryna Perera

The Federal Reserve Board and its vice chair for supervision, Michelle Bowman, were sued on Thursday by Wall Street reform group Better Markets Inc., which alleges Bowman secretly met with the heads of Wall Street giants to manipulate the newly proposed U.S. bank capital rules.

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3 Firms Steer $2.55B Enbridge-Tallgrass Crude Oil Deal

By Al Barbarino

Enbridge Inc. has agreed to buy the crude oil business of Tallgrass Energy for $2.55 billion in cash, expanding its pipeline network in the U.S. Rockies, with three law firms advising on the transaction. 

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Deals Rumor Mill

TPG, Blue Owl, CVC Exploring Deals, And More Rumors

By Al Barbarino

Private equity firm TPG may be looking to sell Lyric, which could value the healthcare software company at $5 billion; asset manager Blue Owl Capital is exploring the launch of a real estate investment trust; and CVC Capital Partners could sell personal care company Arthea at a $2 billion valuation. 

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Drone Co., Ex-VP Reach Deal Resolving Pay, Sabotage Claims

By Hayley Fowler

A company that makes emergency response drones and its former vice president of sales have settled a dispute in which the executive alleged he was stiffed on pay and the company accused him of trying to sabotage its business, court records show.

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PwC Will Pay $96M To Settle Valeant Investor Class Claims

By Brian Steele

PricewaterhouseCoopers LLP has agreed to pay $96 million to end a long-running securities fraud suit over an alleged market manipulation scheme by Bausch predecessor Valeant Pharmaceuticals, the plaintiffs told a New Jersey federal court Thursday.

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Reed Smith Continues Private Capital Growth With Two Hires

By Daniel Moritz-Rabson

Reed Smith LLP announced two new hires to its private capital team on Wednesday as the firm continues rapidly expanding the platform.

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5 Practice Tips After DOJ's Healthcare Fraud Declination

In light of the U.S. Department of Justice's decision to not prosecute Campus Eye Management under the agency's new corporate enforcement and voluntary self-disclosure policy, healthcare companies should keep several considerations in mind when weighing their risk and self-disclosure strategy, including the distinctions between reporting to the DOJ versus other government agencies, say attorneys at Haynes Boone.

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Series

Juggling And Unicycling Make Me A Better Lawyer

Because I juggle (sometimes with fire) and ride the unicycle, friends and family used to joke that I should join the circus, but I pursued the practice of law instead and learned that my hobbies benefit my profession in several important ways, says Morgan Eddy at Smith Currie.

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Senior Lawyers Survey: Tell Us About Your Career

How are senior lawyers adapting to evolving career paths and emerging technologies? Share your perspective in this five-minute survey.

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Engineering Co. Calls Atty-Ouster Bid Retaliatory In Wage Suit

By Benjamin Morse

An engineering company urged a Pennsylvania federal judge to reject a bid to remove its lawyer from a wage case, arguing the worker is retaliating because the company tried to disqualify one of his attorneys from a separate case.

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Law360's Legal Lions Of The Week

By Kevin Penton

Elias Law Group LLP and Stinson LLP lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that Missouri cannot use a newly drawn congressional map that favors Republicans in the midterms.

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In-House Atty Org. Says Rival Ripped Off Data For AI Tool

By Andrea Keckley

The Association of Corporate Counsel alleges in Delaware federal court that its competitor used the nonprofit's proprietary materials to train its artificial intelligence tool Lloyd and "brazenly promoted its Lloyd product by showing the public that ACC materials could be accessed via Lloyd."

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Greenberg Traurig, Eckert Seamans Hit By Data Breaches

By Ryan Boysen

Greenberg Traurig LLP and Eckert Seamans Cherin & Mellott LLC have publicly revealed that they've been hit by data breaches, adding to the dozens of cybersecurity incidents U.S. law firms have suffered this year.

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Legal Ops Duo Sees AI Driving Department Redesign

By Anna Scott Farrell

Connie Brenton and Jeff Franke consider themselves, and others in the field of legal operations, to be, fundamentally, entrepreneurs. Here, the pair sat down with Law360 Pulse to talk about the state of their field, why legal ops is still misunderstood, and their annual conference, Running Legal Like a Business, which took place this week in Las Vegas.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

AI is driving a significant gap between in-house legal departments' budgets and the cost of their workloads, according to a new study. Speaking of gaps, a new Law360 Pulse report on women in law found that men still make up 71% of law firm equity partners and 63% of nonequity partners. These are some of the stories in corporate legal news you may have missed in the past week.​

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Analysis

Midterm Wins Could Help Dems Probe Trump's BigLaw Deals

By Courtney Bublé

If the Democrats take back one or both chambers of Congress in the midterm elections, a big item on their oversight agenda will be to step up ongoing investigations of the deals that nine major law firms cut with the Trump administration last year.

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Personal Injury Firm Beats Atty's Bid For 'Birth Justice' TM

By Adam Lidgett

A former associate at a personal injury and medical malpractice law firm can't register in her own name a trademark for birth-injury legal services that she helped develop before and during her employment with the firm, the Trademark Trial and Appeal Board has ruled.

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Trial Errors 'Crippled Goldstein's Defense,' 4th Circ. Hears

By Jeff Overley

Appellate luminary Tom Goldstein unveiled a sweeping and forceful critique aimed at erasing his felony fraud convictions, telling the Fourth Circuit that prosecutors were hell-bent on convicting him "no matter the facts or law," disregarded a star witness's "incompetence" and benefited from a trial judge's "inexplicable" rulings.

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Interview

ABA Cyber Task Force Co-Chair Eyes AI Education Boost

By Allison Grande

With the legal industry presenting a more and more enticing target for cyberattacks, it's becoming increasingly important for practitioners to know how to best protect clients' data and most effectively use emerging artificial intelligence tools — a task that the American Bar Association's Cybersecurity Legal Task Force is well positioned to assist with, its incoming co-chair recently told Law360.

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