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Wal-Mart Wage Hike to $15 an Hour Would Cost It $4.95 Billion, Study Says

News
Labor groups have been demanding a $15 minimum wage for the company’s workers, and the “Fight for Fifteen” movement has been a topic of discussion during the U.S. presidential campaign, reports Reuters.

Oil & Gas Journal to Present Midyear Forecast 2016 Webinar

Event, July 15, 10 a.m. CDT
The Midyear Forecast is a special report that uses first-half data to update projections that appeared in OGJ’s Annual Forecast and Review this past January

Special Report on Business Ethics: Enhancing Corporate Governance

Article
Knowledge@Wharton and AKO Foundation have published the first of four reports designed to explore how firms can enhance their understanding and implementation of corporate governance.

What Do — And Should — In-House Lawyers Think About The Biglaw Pay Raises?

Article
“If firms try to pass too much of their increased overhead on to clients, the clients will balk — and in this day and age, with competition from great boutiques and alternative legal services providers, clients have significant leverage,” writes David Lat of Above the Law.

Morgan Stanley Pays $1 mln SEC Fine Over Stolen Customer Data

News
Reuters is reporting that Morgan Stanley has agreed to pay a $1 million fine to settle U.S. Securities and Exchange Commission civil charges that security lapses at the Wall Street bank enabled a former financial adviser to tap into its computers and take client data home, the regulator said.

Judge Blasts Oracle’s Attempt to Overturn Pro-Google Jury Verdict

News
A federal judge has shot down a motion by Oracle to overturn a jury verdict that found Google’s use of Java APIs in Android was “fair use.”

Two Accused in J.P. Morgan Hacking Case Plead Not Guilty

News
Two Israeli men pleaded not guilty on Thursday to charges that they broke into a dozen companies’ computer networks, including J.P. Morgan Chase & Co., to facilitate a global network of criminal activity, reports The Wall Street Journal.

Joe Kernen Named DLA Piper Managing Partner in Philadelphia; Nancy Rappaport Litigation Chair

News
DLA Piper announced today that Joe Kernen has been named managing partner of the firm’s Philadelphia’s office and Nancy Rappaport chair of the office Litigation practice.

Quarles & Brady Moves Washington, D.C. Office Location

News
Quarles & Brady LLP has announced that the firm’s Washington, D.C. office has a new location. The firm is now located at 1701 Pennsylvania Avenue NW, Suite 700, Washington, D.C. 20006.

Drafting Data Privacy and Security Compliant SaaS in a Post-Safe-Harbor World

Event, June 15, 1 p.m. EDT
Data privacy and security are key issues for businesses who seek to upload their information onto the cloud. Customers need assurance that the software as a service (SaaS) or other cloud service provider will maintain effective policies and practices to safeguard the confidentiality and security of their information.

Subscription-Based Business Models: An Overview of Auto-Renewal Regulations

Article
While subscription services (sometimes referred to as auto-renewal programs) can be lucrative, companies should be mindful of the applicable laws to avoid the costs of fighting off lawsuits.

How Binding Is Your Browsewrap Agreement?

Article
With a browsewrap agreement, the user’s assent to the agreement’s terms is inferred from the user’s use of the website, write Carolyn S. Toto and Kimberly Buffington of Pillsbury Winthrop Shaw Pittman.

Civil and Criminal International Tax Enforcement Update

Event, June 22
The International Tax Controversy Update is an annual event where private and government tax professionals to discuss current events and best practices relating to International Tax Enforcement and Voluntary Disclosures.

Conflict Resolution Group Blasts Trump’s Statement on Judge

News
CPR said it took this position in response to recent statements made by Trump questioning the impartiality of Judge Gonzalo P. Curiel because of his Mexican heritage, and also questioning whether a Muslim judge could fairly preside over a case involving him.

Tax Associate Jason Tomitz Joins Farrell Fritz in Uniondale Office

News
Jason Tomitz has joined Farrell Fritz as a tax associate in the firm’s Uniondale office. He previously was an associate at Kramer, Levin, Naftalis & Frankel, LLP in New York.

Options to Acquire: How These Acquisition Strategies Differ from a Traditional Purchase

Article
While options to acquire are fairly common in the medical device and life sciences industries, the option also provides attractive opportunities for funds and companies in other industries as well, as a way to get an inside track on new technology, Cooley M&A writes.

Drugs in the Workplace: Tread Lightly, Navigate Carefully

Article
FisherBroyles offers a warning for employers dealing with an employee who is doing — or is suspected of doing — illegal drugs: You could be facing large legal fees, company embarrassment, and major diversion of management time. But an employer can take some steps to avoid big problems.

More Firms Follow Cravath’s Lead to $180,000 Starting Associate Pay

News
Just one day after Cravath, Swaine & Moore announced an increase in associate salaries, bringing first-years’ pay up to $180,000, BigLaw firm Milbank, Tweed, Hadley, & McCloy told its associates that it would match the new scale, according to Above the Law.

Judge Tosses $200M Patent Verdict; Cites In-House Lawyer Misconduct

News
A federal judge in California said Merck cannot enforce the patents because Merck’s own lawyer gave inconsistent and untruthful testimony during the trial.