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Regulators Gone Wild — Is Relief Coming from the Courts?

74% of respondents cited “regulations and enforcement” as their top concern in the most recent Morrison Foerster General Counsel Up-at-Night Report. Coming at regulatory burdens from a different direction, legal scholars Michael Bommarito II and Daniel Martin Katz found that regulatory references in 10-K filings had increased 4X between 1994 and 2014 (after…

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A Company’s Legal Health Calls for Skills that Attorneys Lack

A few years ago the Washington Post published an article entitled, “There Really are 50 Eskimo Words for ‘Snow'”:  ” … ‘Aqilokoq’ for ‘softly falling snow’ … ‘piegnartoq’ for ‘the snow good for driving sled’ ….”, etc. An Inuit living above the Arctic Circle needs to be precise in describing something…

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“‘The Tone Deafness is Astounding’: Clients Unhappy about Milbank Associate Raise Announcement”

The law firm of Milbank, Tweed, Hadley & McCloy recently announced that it was raising the annual salaries of its first year associates to $190,000. Other large law firms are doing the same. Instead of a business-like, matter-of-fact, decisive refusal to pay lawyer rates for the work of brand-new law…

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