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Morning Minute

Wednesday, July 16, 2025

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This is Alaina Lancaster in Chicago. Today, we have a dispatch from openings in the criminal trial against Tornado Cash founder Roman Storm, who is charged with scheming to help launder more than $1 billion for Tornado Cash clients, including a North Korean cybercrime organization. Alyssa Aquino has the report.

 

WHAT YOU NEED TO KNOW

BUSINESS OF LAW: Data continues to show how COVID-era graduates have often had a different experience in their professions, and the legal industry is no exception, according to this report from Dan Roe.

 

LITIGATION: Prosecutors said Tornado Cash founder Roman Storm and his alleged co-conspirators agreed to serve “as a washing machine to make money that they knew was dirty look clean,” during opening statements in the criminal trial against the fintech founder, Alyssa Aquino reports.

 

LEGAL TECH: Law firm Foley & Lardner as well as partners at an undisclosed law firm were among investors participating in a $10 million funding round for legal research and litigation tech startup Callidus Legal AI, Ella Sherman reports.

INTERNATIONAL: A&O Shearman and Freshfields are advising on what is likely to be Germany’s largest private equity transaction of the year, Ulrike Barth reports.

 

REGIONAL: Eighty former state and federal judges are calling on lawmakers to deny Emil Bove’s confirmation to the U.S. Court of Appeals for the Third Circuit, Avalon Zoppo reports.

 

CORPORATE: Legal consultant and former Showtime Networks legal chief Robert Rosenberg has returned to law firm life for the first time in 24 years, Chris O’Malley reports.

 

Pennsylvania

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Emil Bove should not be appointed to the Third Circuit. That's according to 80 retired judges, who say appointing the former Trump lawyer and high-ranking DOJ lawyer would be a "disservice to the constitution." Also, Stevens & Lee is launching in Pittsburgh. Thanks for reading! - Max Mitchell, Regional Managing Editor
 

Former Judges Urge Rejection of Bove's 3rd Circuit Nomination, Warn of ‘Personal Loyalty to President'

The ex-judges—co-led by the well-respected conservative J. Michael Luttig—highlighted controversies during Emil Bove's short time at the Justice Department, including allegations he steered prosecutors to drop corruption charges against New... Read More

 

Morgan Lewis Litigation Associate, 'A Bright Rising Star,' Killed in Hit-and-Run While Bicycling

Blake Ackerman, 27, died July 10 after being struck by a fleeing BMW driver. He had only just begun his legal career with Morgan Lewis in January. Read More

 

Stevens & Lee Launches in Pittsburgh, Continuing Corporate Hiring Spree

Kevin Acklin, the former president of the Pittsburgh Penguins, is returning to private practice to oversee the firm's second new office this year. Read More

 

Book by Philly Attorney—and Columnist for The Legal—Playfully Takes a Jab at Big Law

Peter Vaira, who still spends three days a week at Weir LLP, the Philadelphia firm where he is special counsel, said he had written occasional fictitious, slightly barbed columns about life in Big Law firms for The Philadelphia Lawyer magazine for about... Read More

 

There Is No 'Here-Say-So' Rule

This flagrant misunderstanding of the hearsay rule persists, not just here but nationally. I know this because a colleague in Florida called recently to ask “how can we educate judges that out-of-court assertions are still hearsay even if the declarant... Read More

 

People in the News—July 15, 2025—Cohen Seglias

Cohen Seglias Pallas Greenhall & Furman announced that Joshua Bonn has been named managing partner of the firm's Harrisburg office. Read More

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Resources

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PRODUCTION NOTES

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The Morning Minute is supported by Law.com's global news team.

Christine Simmons - Law Firms

Michael Riccardi - Litigation

Samantha Joseph - Litigation

Greg Andrews - In-House

Sarah Tincher-Numbers - Law Schools

Rhys Dipshan - Legal Tech

Lisa Shuchman - International

Steve Lash - Regulatory

 

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