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,”‘Lockstep’ falls out of step with modern law firms,” FT.com, Dec 16, 2021 (discussing recent changes at Linklaters and Cravath); Debra Cassens Weiss, “BigLaw firm switches from strict lockstep compensation for partners to modified system,” ABA Journal, Sept 11, 2020 (discussing changes to lockstep model at Davis Polk). [read post]

Legal Evolution - https://www.legalevolution.org/

Davis Polk Discusses Biden’s Executive Order on Competition, One Year Later

29 Aug 2022, 9:05 pm by Sheila R. Adams, Cody Donald, Benjamin M. Miller, Suzanne Munck af Rosenschold and Nathan Kiratzis

This Update focuses on the Federal Trade Commission’s (“FTC”) and the Department of Justice Antitrust Division’s (“DOJ”) antitrust enforcement activity over the last year under this Executive Order’s direction.2 For further details on the Executive Order, please see Davis Polk’s prior Client Update regarding issuance of the Executive Order.3 FTC and DOJ have been conducting intensive merger and conduct investigations FTC Chair Lina Khan was… [read post]

The CLS Blue Sky Blog - https://clsbluesky.law.columbia.edu/

Davis Polk Discusses What’s Missing from Bipartisan Bills to Regulate Crypto

14 Aug 2022, 9:01 pm by Joseph A. Hall, Dan Gibbons, Gabriel D. Rosenberg and Zachary J. Zweihorn

The 1946 Supreme Court decision in SEC v. [read post]

The CLS Blue Sky Blog - https://clsbluesky.law.columbia.edu/

A Vice Chancellor Strives To Untangle California's Limited Partnership Dissolution Statutes

6 Jul 2022, 12:15 am

Polk & Co., Inc., 2022 WL 2255258. [read post]

California Corporate & Securities Law - https://www.calcorporatelaw.com/

The original Gilded Age lawyers (312)

26 Jun 2022, 12:28 am by Bill Henderson

The main residence of Veraton, circa 1907. [read post]

Legal Evolution - https://www.legalevolution.org/

Outside the Retainer Agreement and Lost in Bankruptcy

20 Jun 2022, 3:11 am by Andrew Lavoott Bluestone

“An attorney may not be held liable for failing to act outside the scope of a retainer” (Attallah v Milbank, Tweed, Hadley & McCloy, LLP, 168 AD3d 1026, 1028 [2d Dept 2019]; see AmBase Corp. v Davis Polk & Wardwell, 8 NY3d 428, 435 [2007]). [read post]

New York Attorney Malpractice Blog - http://blog.bluestonelawfirm.com/

The Retainer Agreement May Control This Case

17 Jun 2022, 3:44 am by Andrew Lavoott Bluestone

” “It is well settled that “[a]n attorney may not be held liable for failing to act outside the scope of the retainer” (Genesis Merchant Partners, L.P. v Gilbride, Tusa, Last & Spellane, LLC, 157 AD3d 479,482 [1st Dept 2018], citingAmbase Corp. v Davis Polk & Wardell, 8 NY3d 428 [2007]). [read post]

New York Attorney Malpractice Blog - http://blog.bluestonelawfirm.com/

Bipartisan Group of Former SEC Officials and Securities Experts Confirms Longstanding SEC Authority on Climate Disclosure

16 Jun 2022, 9:05 pm by Working Group on Securities Disclosure Authority

[Editor’s Note: This post is based on a comment letter submitted to the U.S. [read post]

The CLS Blue Sky Blog - https://clsbluesky.law.columbia.edu/

[Eugene Volokh] Targeting Employee for Op-Ed Criticizing "Anti-Racism" Because She's White May Be Race Discrimination

6 Jun 2022, 3:36 pm by Eugene Volokh

From the decision Thursday by Judge Katherine Polk Failla (S.D.N.Y.) in Maron v. [read post]

The Volokh Conspiracy - http://www.volokh.com/

Fifth Circuit holds the SEC’s administrative adjudications to be unconstitutional | Davis Polk

25 May 2022, 9:44 am by Tom Smith

Supreme Court cases: Lucia v. [read post]

The Right Coast - https://rightcoast.typepad.com/rightcoast/