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Financial struggles

University of the Arts Sued Over Abrupt Closure

Lawsuit Alleges Violation of Employment Laws Employees of the University of the Arts have filed a lawsuit against the institution,…

A Kazakhstani Figure Accused of Money Laundering Finds New Role in Litigation Finance

A recent revelation involving Ilyas Khrapunov, a Kazakhstani individual accused of orchestrating hundreds of millions of dollars laundering from the…

Mercy Iowa City’s Bankruptcy and Sale to University of Iowa Face Legal Challenges

Amid Mercy Iowa City's bankruptcy proceedings and proposed $20 million sale to the University of Iowa, numerous objections have arisen…

Supreme Court’s Rejection of Debt Relief Leaves Young Lawyers Struggling

The US Supreme Court dealt a blow to the hopes of many young lawyers burdened with student debt. The decision,…

California State Bar Facing Financial Struggles, Reveals Audit

The State Bar of California, the largest mandatory state bar association in the US, is facing significant financial struggles, according…

Financial Struggles Plague Biglaw Firms in New York in the Past Year

New York's Biglaw firms had a fantastic financial year in 2021, characterized by huge profits, but the year that followed…