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PAUL RYAN: ‘Obamacare is the law of the land’ – Business Insider

Paul Ryan Chip Somodevilla/Getty Images After an embarrassing setback in his legislative push, House Speaker Paul Ryan said Friday that pulling the GOP leadership’s bill to overhaul the US healthcare system from the House floor meant Obamacare would remain “the law of the land” for the foreseeable future. “We came really close today, but we […]

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How One Big Law Firm is Using Data (Perspective) – Bloomberg Big Law Business

Editor’s Note: The authors of this column work at DLA Piper and a consulting company. By Barbara Taylor, Chief Marketing Officer for DLA Piper LLP (US), and Dave Kuhlman, Partner at Axiom Consulting Partners As big data continues to revolutionize the way businesses operate, large law firms are increasingly realizing that they, too, possess massive amounts […]

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Business Groups Hope Trump Can Change Health Law by Administrative Action – Wall Street Journal (subscription)

WASHINGTON—Business groups were hoping a quick repeal of the Affordable Care Act would give employers more flexibility on health care and create momentum for priorities like a tax overhaul. Friday’s decision by House GOP leaders and President Donald Trump to abandon a vote on the Republican health plan left them less certain on both fronts. … […]

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DirecTV Settles US Antitrust Lawsuit Over Dodgers Channel – Bloomberg Big Law Business

By Edvard Pettersson, Bloomberg News DirecTV settled a U.S. antitrust lawsuit that accused the satellite-television provider of colluding with its competitors during a 2014 standoff with Time Warner Cable Inc. over a channel devoted to the Los Angeles Dodgers. DirecTV won’t share competitively sensitive information with rivals and agreed to a compliance program to make […]

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William R. McLucas of Wilmer Cutler Pickering Hall and Dorr testifies at a joint meeting between the Securities and Exchange Commission and the Commodity Futures Trading Commission on harmonizing financial regulation in Washington, D.C., U.S., on Thursday, September 3, 2009. Photographer: Brendan Hoffman/Bloomberg News

Two Insiders on SEC’s Possible Future Under Clayton – Bloomberg Big Law Business

Sullivan & Cromwell’s Walter “Jay” Clayton is set on Thursday to testify in front of the Senate’s Banking Committee for a hearing on his nomination to chair the Securities and Exchange Commission. Clayton’s ties to Wall Street — his law firm has represented numerous banks during the bailout era, and his wife works at Goldman Sachs […]

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Wake Up Call: IBM Expands eDiscovery Technology – Bloomberg Big Law Business

• IBM said it is updating the discovery service of its artificial intelligence-powered platform Watson with an expansion of its eDiscovery and business research technology. (Legaltech News) • Big banks and technology companies are fighting over control of a very valuable commodity — users’ personal data. (New York Times DealBook) • Is Deutsche Bank’s refusal to pay junior lawyers […]

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William R. McLucas of Wilmer Cutler Pickering Hall and Dorr testifies at a joint meeting between the Securities and Exchange Commission and the Commodity Futures Trading Commission on harmonizing financial regulation in Washington, D.C., U.S., on Thursday, September 3, 2009. Photographer: Brendan Hoffman/Bloomberg News

Two Insiders on SEC’s Possible Future Under Clayton – Bloomberg Big Law Business

Sullivan & Cromwell’s Walter “Jay” Clayton is set on Thursday to testify in front of the Senate’s Banking Committee for a hearing on his nomination to chair the Securities and Exchange Commission. Clayton’s ties to Wall Street — his law firm has represented numerous banks during the bailout era, and his wife works at Goldman Sachs […]

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Is Deutsche Bank’s Refusal to Pay Junior Lawyers Misguided? – Bloomberg Big Law Business

Talk of the morning came out of the U.K., when Legal Week reported that Deutsche Bank will stop paying its outside law firms for work performed by newly qualified lawyers and trainees. “The decision, which will apply to firms appointed as a result of Deutsche’s current panel review, represents a first major move by a […]

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Trump’s Business Is In Violation of New York City Law – NBC News – NBCNews.com

Documents released by the Democrats on the House Oversight Committee show a representative from RT, the Russian television network, successfully negotiating a lower speaking fee from Mike Flynn, the retired general who served briefly as Donald Trump’s national security advisor before stepping down amid questions about his foreign ties. Flynn spoke at an RT conference […]

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Where Have All the Big Law Associates Gone? (Perspective) – Bloomberg Big Law Business

Editor’s Note: This column is written by two legal recruiters. By Bob Graff and Michelle Fivel, Major, Lindsey & Africa Sourcing and recruiting qualified, experienced mid-level associates has become difficult. Today, there are significantly fewer candidates than there had been previously, and law firms, as well as in-house legal teams, are feeling the pinch. There […]

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