Meta’s Fees to WilmerHale Tick Up During Busy Litigation Year

Meta Platforms Inc. paid WilmerHale, a prominent law firm with ties to the company’s lead independent board director, less than 4% of the firm’s total revenue last year as Meta fended off a major antitrust suit and took a loss in a youth addiction and social media safety case.

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Demand letters Polsinelli PC sent to a medical device company violated Tennessee and Mississippi state laws against asserting patents in bad faith, the health company alleged in a pair of lawsuits.

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Meta’s Fees to WilmerHale Tick Up During Busy Litigation Year

Meta Platforms Inc. paid WilmerHale, a prominent law firm with ties to the company’s lead independent board director, less than 4% of the firm’s total revenue last year as Meta fended off a major antitrust suit and took a loss in a youth addiction and social media safety case.

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Big law associates work long days to meet annual targets of around 2,000 billable hours. Why do they do it? The financial rewards are substantial: starting salaries at top tier law firms begin at $225,000 annually. And that's not including lucrative year-end and special bonuses. In this video, we explain the system at the heart of Big Law's big paydays for its junior lawyers.

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Cursor In Talks to Raise $2 Billion at Over $50 Billion Value

Cursor, a leading artificial intelligence startup for coding, is in advanced talks with investors to raise about $2 billion in a funding round at a valuation of more than $50 billion, not including the investment, according to a person familiar with the matter.

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