Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.
- OpenAI has picked Cooley and Wachtell Lipton Rosen & Katz to prepare for an initial public offering that could come as soon as this year. A public listing from OpenAI, which is being valued at $730 billion in an ongoing funding round, would rank as one of the biggest IPOs of all-time. (The Information)
- Leaders at the University of Florida’s law school sidestepped internal rules to rush state Attorney General James Uthmeier into a part-time adjunct teaching role earning a $100,000 salary. Internal emails show that Uthmeier began teaching more than a month before his first course was approved, submitted incomplete syllabi, and never received the full faculty sign-off required under law school protocols. (The Miami Herald)
- OpenAI is being accused in a new lawsuit of practicing law without a US license and helping a former disability claimant breach a settlement and flood a federal court docket with meritless filings. Nippon Life Insurance Company of America alleges that OpenAI wrongfully provided legal assistance to a woman who sought to reopen a lawsuit that was already settled and dismissed. (Reuters)
Laterals, Moves, In-House
- J. Emmett Murphy rejoined King & Spalding as a partner in its business litigation practice in New York. He joins from the Securities and Exchange Commission.
- Jonathan Salm joined Polsinelli as a shareholder in its health care mergers & acquisitions practice in Fort Lauderdale.
- Jess Cheng joined Sidley Austin as a partner in its banking, payments, and fintech practice in New York. She joins from Wilson Sonsini Goodrich Rosati.
- Amanda Pooler, Samuel Mann and Greg Faltin joined Akerman as partners. Pooler joins from Young, Conaway, Stargatt & Taylor. Mann joins from Nelson Mullins. Faltin joins from Moore & Van Allen.
- Claibourne Harrison joined BCLP as a partner in its real estate team in London. He joins from Gibson, Dunn & Crutcher.
- Leib Orlanski joined Greenspoon Marder as a partner in its corporate practice group in Los Angeles.
- Terrence Allen, Megan Gess, and Andrew Hagopian joined Dorsey & Whitney as partners in its mergers and acquisitions group. Allen joins from Loeb & Loeb. Gess joins from Stradling. Hagopian joins from Xponential Fitness.
- Jocelyn Soriano joined Gordon Rees Scully Mansukhani as a partner in San Francisco.
- Diana Aguilar and Lauren Weinstein joined O’Melveny as partners in its antitrust and competition practice group. Aguilar joins from the Justice Department. Weinstein joins from MoloLamken.
- Nicolás Orezzoli joined DLA Piper as a partner in its tax practice in Chile.
- Robert J. Hollingshead joined Pillsbury as a partner in its technology and intellectual property practice in Tokyo.
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