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Stanford’s Joseph A. Grundfest says his percentages-rich method involves more than simple “nose counting.”        

In this week’s Legal Speak episode, James Whittle with the American Property Casualty Insurance Association dives into the impact of what the organization has dubbed “legal system abuse” as social inflation—the belief that large corporations are “bad actors with deep pockets”—helps fuel “nuclear” verdicts.        

Swiss patent law firm Da Vinci Partners sued Kili Technology for trademark infringement and unfair competition over the naming of its generative AI-powered patent drafting tool davinci, arguing the lines between “goods” and “services” have blurred. This case was first surfaced by Law.com Radar.        

Lateral partners are paid the same as they would be if they were in the equity tier, so they’re not serving as “de facto leverage” for the existing equity partners, noted the firm’s leader.        

U.S. District Judge Jed Rakoff of the Southern District of New York said he intends to rule on penalties no later than the first week of May, after receiving briefs from the defendants and the U.S. Securities and Exchange Commission.