The years of historically affordable mortgage rates look to be ending as rates have steadily increased in recent months and show no signs of turning back. Since the beginning of the year, mortgage rates in the US have increased nearly 50 basis points. Historically low mortgage rates have been the silver lining in today's competitive […]
The US Department of Justice has officially submitted notice of proposed regulation to the Office of Management and Budget that aim to prohibit the use of devices, such as stocks, that enable rapid fire on weapons across the US. In detail, the regulation seeks to revise the use of the word ‘machinegun’ in the National […]
Acritas’ new legal spend report reveals globally men to be earning 26% more than women in equivalent in-house chief legal roles, but in the US women can expect to earn the same for equivalent roles. Acritas’ Patterns in Legal Spend reports are drawn from the Sharplegal survey, which interviews 2,000+ senior legal buyers in $1 […]
Law firms Tomasik Kotin Kasserman in Chicago and Taylor & Ring in Los Angeles recently filed suit against the elite, private Montessori School of Lake Forest (Illinois) and its former teacher Celina Montoya for the sexual abuse of a young male student. The complaint states that Montoya began "grooming" the boy, identified as John Doe, […]
Democrats released an intelligence memo Saturday defending an FBI investigation into Russian meddling in rebuttal to a Republican memo that was issued three weeks ago, accusing the FBI of abusing its power. But NewsHour Weekend Special Correspondent Jeff Greenfield from Santa Barbara, California, tells Hari Sreenivasan that the back and forth is a distraction from […]
In recent news, it was reported that a federal jury found two Baltimore police officers guilty of corruption for robbing city residents. Their stealing of seized guns, cash and drugs for resale also corrupted many other cases. Lawyer Monthly reached out to legal experts this week and below lists several responses to some of the […]
The Supreme Court has decided in Bancoult (No 3), by 5-2, that a government decision about the Chagos Islands was not made for an improper purpose. In reaching this decision, the Court unanimously held that a Wikileaks document could be admitted into evidence. The case concerned the decision of the then Secretary of State for Foreign […]
Acritas’ seventh annual US Law Firm Brand Index sees Jones Day extend its lead against the market, increasing the gap against the rest of the leading brands to an extent not seen since 2014. Acritas’ US Law Firm Brand Index 2018 is compiled from analysis of an extract of data from the Sharplegal US survey […]
One of the major provisions of the US Tax Reform forced large US companies like Apple and Google to pay a sizable tax on profits they held outside the US in their foreign subsidiaries (called CFC –controlled foreign corporations). Under the reform, all profits of these CFCs that accumulated between 1986 through December 31, 2017 […]
President Trump said his proposed new legislation will fix immigration laws "to finally close the deadly loopholes that have allowed MS-13, and other criminals, to break into our country." He also said that while the U.S. is a compassionate nation, "my greatest compassion, and my constant concern is for America's children, America's struggling workers, and […]
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