Biz & IT
Morning Docket: 02.14.23
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Morning Docket
Feb 2023
Sam Bankman-Fried (Photo by Matias J. Ocner/Miami Herald/Tribune News Service via Getty Images)
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* SEC and CFTC sidelined until the DOJ is finished with Sam Bankman-Fried. It's like one actor is going to get a chance to exact a lot from him and then the others will come along only to find that there's nothing really left. Metaphors are fun. [Law360]
* Ugh. Now we're talking about legal ops layoffs? We're just going to keep trying to make this recession happen against all odds, aren't we? [Legaltech News]
* Oh look, "despite" market uncertainties, lateral partner activity hasn't slowed. Pretty soon we're just going to have to admit this isn't really a recession outside of the tech sector. [American Lawyer]
* All because of one really bad quarter. Law firms struggled in Q4 with a sharp demand slump, seeing the carryover effects that had hurt the rest of the economy in Q1 and Q2. But overall, demand on the year was steady and the rest of the economy went back to growing by around 3 percent per quarter so this should all catch up with firms if they just wait. [Reuters]
* Pitt withdraws from US News rankings. [CBS]
* Deep dive into the latest legal challenge facing the NCAA. [ESPN]
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