Kelsey Hayes joined Burr & Forman as a partner in its construction and government contracts practice in Washington, DC, the firm announced Oct. 28.

Sandford Frey joined Stinson LLP as a partner in Los Angeles in the bankruptcy and creditors’ rights practice division, the firm announced Oct. 23.

Adrienne Harris joined Sullivan & Cromwell as of counsel and policy adviser in its New York office, the firm announced Thursday.

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

Opposition to employers’ use of “stay-or-pay” contracts has gotten traction in state legislatures this year, led by California and New York, as federal regulators retreat from efforts to rein in the agreements nationwide.

Legal AI startup Harvey’s valuation has jumped by billions this year, a supercharged growth rate rare even in a climate of surging demand for artificial intelligence tools.

Wall Street pumped the brakes on a tech rally as Meta Platforms Inc. sank 13% on plans to take on debt to fund its artificial-intelligence push. Bond yields and the dollar rose as the Federal Reserve tempered rate-cut expectations.

Triple Canopy, Inc. didn’t have just cause to discharge the grievant, a protective services officer, for refusing to lower a barrier for personnel entering a campus housing federal government entities and refusing an order to perform assigned duties, Arbitrator Alvin R. Wilson, Jr. held. Triple Canopy, Inc., 2025 BNA LA 44, Arb., FMCS No. 251127-01567, A. Wilson, Jr., 6/13/25

Core Scientific Inc. shareholders rejected a takeover bid by CoreWeave Inc. that proxy advisers said undervalued the data center company, ending a contentious monthslong saga.

A civilian shipyard worker in Washington may proceed with some of his age discrimination claims against the US Navy, a federal court said.

Shutterstock Inc. and Meta Platforms Inc. have settled a lawsuit by an engineer who claimed she was underpaid by more than $2 million.

American International Group Inc. agreed to buy stakes in specialty insurer Convex Group and alternative asset manager Onex Corp. in transactions that total more than $2.7 billion.

Private credit firms are in the business of lending, not owning. But as more borrowers start to struggle with their liabilities, lenders are swapping their debt positions for equity stakes to try and stem losses.

Facebook and Instagram parent Meta Platforms Inc. said it is no longer facing potential penalties from the Consumer Financial Protection Bureau over advertising for financial services on its platforms.

Core Scientific Inc. shareholders rejected a takeover bid by CoreWeave Inc. that proxy advisers said undervalued the data center company, ending a contentious monthslong saga.

Tesla Inc.’s Cybertruck recalls hit double digits less than two years after the vehicle’s introduction, a problem-plagued run for a model that’s failed to catch on with consumers.

Societe Generale SA Chief Executive Officer Slawomir Krupa said the boom in private credit can lead to bad choices, but those won’t spiral into a threat for the wider industry.

Crocs Inc. dropped Thursday after the company warned that US consumers were increasingly cautious despite reporting better than expected earnings.

The former shareholder of a pharmaceutical business owes additional tax on a portion of its $191 million settlement payout following a squeeze-out merger, after the Third Circuit determined Thursday that the shareholder couldn’t convert what was ordinary income into capital gains.

A civilian shipyard worker in Washington may proceed with some of his age discrimination claims against the US Navy, a federal court said.

Character.AI’s announcement that it will ban users under 18 from conversing with chatbots is generating questions about the company’s planned age verification process and potentially broader chatbot harms, even as child safety advocates praised the move.

Legal AI startup Harvey’s valuation has jumped by billions this year, a supercharged growth rate rare even in a climate of surging demand for artificial intelligence tools.

Florida Attorney General James Uthmeier (R) is pushing to be one of the nation’s most aggressive GOP top cops. And he’s leaning on outside counsel, including a firm founded by a Democratic megadonor, to launch suits against tech giants and corporate titans.

Criminal case specialists who aid judiciary-funded defense lawyers are cutting costs and refusing assignments after four months of working without pay, prompting lawyers to request case delays.