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Litigation Finance Becoming Commonplace In BigLaw

By Kevin Penton

When Michael Lackey first pitched others at Mayer Brown about using litigation funding for a matter, he got a less-than-positive response, he recalled.

  • Daily Litigation

    Winston & Strawn Settles Brief-Plagiarizing Allegations

    A Tuesday filing indicated that Winston & Strawn LLP has managed to settle copyright infringement allegations coming from a boutique intellectual property firm that went to a federal court in Manhattan to accuse the BigLaw firm of copying a motion-to-dismiss filing "nearly verbatim."

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    Courts

    Feds Want To Boot Gibbons Atty From Menendez Bribery Case

    Prosecutors plan to call a Gibbons PC attorney as a witness during the bribery trial of U.S. Sen. Robert Menendez of New Jersey and want him disqualified from representing another defendant in the case, they told a New York federal judge Tuesday.

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    California Pulse

    Seyfarth Lands 3 Morgan Lewis Employment Pros In Calif.

    A trio of labor and employment attorneys have moved from Morgan Lewis & Bockius LLP to Seyfarth Shaw LLP in California, the firm said Tuesday.

  • Delaware Pulse

    Flaster Greenberg Taps 3 Pa. Attys To Launch Art Law Group

    Flaster Greenberg PC is launching an art industry group that will bring together its litigation, transportation and insurance law talent, saying Monday that the new team will protect collectors from loss or damage to artwork on display, in transportation or in storage.

  • Delaware Pulse

    Young Conaway Unveils Salary Bump For Associates

    Delaware law firm Young Conaway Stargatt & Taylor LLP announced Tuesday that it had increased its starting salaries for associates to $210,000, effective immediately, citing a commitment to recruit and retain top talent.

  • Trump_Hush_Money_16749.jpg

    Courts

    BigLaw Attys Among First 7 Jurors Picked In Trump's NY Trial

    Two BigLaw attorneys on Tuesday were among seven people sworn in as jurors in Donald Trump's Manhattan hush money trial, which could proceed to opening statements as soon as Monday.

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    Courts

    DOJ Asst. AG Named MacArthur Center's VP, Legal Director

    A deputy assistant attorney general in the U.S. Department of Justice's Civil Rights Division has been named the first vice president and legal director of the Roderick & Solange MacArthur Justice Center.

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    California Pulse

    Freshfields Picks Up Covington M&A Pro In Silicon Valley

    Freshfields Bruckhaus Deringer LLP is growing its corporate practice, bringing in a Covington & Burling LLP mergers and acquisitions expert as a partner in its Silicon Valley office, the firm said Monday.

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    Mid-Law

    Maynard Nexsen Boosts IP And Insurance Teams With Hires

    Maynard Nexsen PC has added an intellectual property shareholder in Nashville and an insurance shareholder and counsel in Austin, Texas, the firm said last week.

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    California Pulse

    Orrick Adds Kramer Levin Life Sciences Head In NY

    The former head of Kramer Levin Naftalis & Frankel LLP's life sciences practice has jumped to the intellectual property litigation team at Orrick Herrington & Sutcliffe LLP in New York, Orrick said Monday. 

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