Tag: Equity Partners

* Who recently made partner at Kirkland & Ellis, Covington & Burling, Goodwin Procter, and Curtis Mallet-Prevost? Here’s a nice round-up that highlights the names of the 112 associates who were promoted at these four firms. Don’t be too shocked by that high number; the vast majority of partner promotions were made at Kirkland, where 81 attorneys were welcomed into the ranks of the firm’s non-equity partnership. [Big Law Business]

* In what’s hailed as a victory for gay rights, Massachusetts expanded the legal definition of the word “parent” to be read “in a gender-neutral manner, to apply where a child is ‘born to [two people], is received into their joint home, and is held out by both as their own child.'” The state’s high court also allowed parentage laws to be construed to apply to members of same-sex couples without biological ties to the children. [WSJ Law Blog]

* Today, SCOTUS will hear arguments in a case challenging “judge-made law,” that is, what is and isn’t considered insider trading. If you trade on information received from a third party who received it from an insider, is that insider trading? Even Mark Cuban wants to know, writing in an amicus brief that “no one should be prosecuted for conduct that Congress is either unwilling or unable to define.” [DealBook / New York Times]

* The Oklahoma Supreme Court struck down a law that forced abortion providers to save fetal tissue samples from patients younger than 14 years old, on top of other broad restrictions. The court unanimously ruled that the law violated the state constitution’s “one subject” rule. In a separate concurrence, four judges would’ve struck down the law as an unconstitutional burden on a woman’s right to have an abortion. [Reuters]

* Much like America, the Supreme Court seems to have a problem with race this Term. The high court will be hearing three divisive cases having to do with racial slurs, racial rhetoric, and racial epithets, and the Court may very well be divided along ideological lines, resulting in 4-4 deadlocks thanks to the seat left vacant by the late Justice Antonin Scalia and the Senate’s refusal to give Judge Merrick Garland a hearing. [CNN]

* A former DJ is suing Taylor Swift because he claims that he lost his job after he was falsely accused of grabbing the singer’s ass. When contacted for comment, Swift said, “I’ve got a blank motion to dismiss, baby, and I’ll write your name.” [Associated Press]

* BakerHostetler’s partners unanimously agreed to do away with its two-tiered partnership structure. We would’ve been shocked the firm was going to kick its nonequity partner title to the curb, but we broke the news on it last month. [Am Law Daily]

* Albany Law’s new dean thinks she may have a solution to the school’s enrollment problem, which is down by 38 percent since 2010. She wants to hire more professors, even though the school’s existing professors aren’t exactly pleased. [Albany Business Review]

* California’s legislature approved a landmark bill that will permit physician-assisted suicide for terminally ill patients. If Governor Jerry Brown refuses to sign the “death with dignity” law, supporters will likely bring it to a ballot referendum. [New York Times]

* A Brooklyn bride alleges in a recently filed lawsuit that she’s still waiting for her wedding pictures… more than two years after her wedding took place. She’s clearly not a bridezilla, because if she were, a lawsuit wouldn’t have even been necessary. [New York Post]