Latham & Watkins expects the brisk pace of deals work to continue in the new year after dethroning Kirkland & Ellis as Big Law’s top mergers and acquisitions adviser in 2025.

Saks Global Enterprises’ Chief Executive Officer Marc Metrick is stepping down from his role as the cash-strapped high-end retailer considers its restructuring options, including a Chapter 11 bankruptcy filing.

Alas, Jesus Christ did not return to Earth in 2025. This might not come as particularly surprising or noteworthy to most people. But for a certain crowd of bettors, it was terrific news.

Wall Street’s biggest banks made more money financing green projects than they did from working with fossil fuel companies for a fourth straight year, even as they faced ongoing pressure to pull back from the business.

Cryptocurrency giant Coinbase Global Inc. is ramping up pressure to get California to drop its lawsuit against the company so it can resume its rewards program, which has been paused since 2023.

There was perhaps no bigger story last year in the world of Big Law than President Donald Trump’s attacks on several of the nation’s largest law firms through punitive executive orders due to political affiliations and adversarial hires.