Cannabis

Top News

Strategic Hiring Was The New Normal For BigLaw In 2023

By Emma Cueto

The 400 largest law firms by headcount in the U.S. grew more slowly in 2023 than in the previous two years, while Kirkland & Ellis LLP surpassed the 3,000-attorney threshold, according to the latest Law360 ranking.

Nev. Commission Floats Regs To Implement Tax On Cannabis

By Zak Kostro

Nevada would establish requirements for implementing the state's excise tax on cannabis that would apply to products obtained or bought by a "cannabis consumption lounge" and would clarify tax reporting rules for retail sales of cannabis under regulations proposed by the state Tax Commission.

The Law360 400: Tracking The Largest US Law Firms

By Sam Bell and Pamela Wilkinson

The legal market expanded more tentatively in 2023 than in previous years amid a slowdown in demand for legal services, especially in transactions, an area that has been sluggish but is expected to quicken in the near future.

Biden Admin Proposes To Loosen Restrictions On Marijuana

By Sam Reisman

President Joe Biden on Thursday announced that his administration has formally recommended relaxing restrictions on marijuana, marking the most significant federal policy shift on cannabis since the drug was criminalized more than 50 years ago.

A Vision For Economic Clerkships In The Legal System

By Mona Birjandi and Matt Farber

As courts handle increasingly complex damages analyses involving vast amounts of data, an economic clerkship program — integrating early-career economists into the judicial system — could improve legal outcomes and provide essential training to clerks, say Mona Birjandi at Data for Decisions and Matt Farber at Secretariat.

US Tells DC Circ. Ayahuasca Church's Settlement Inapt

By Jonathan Capriel

Federal regulators are telling the D.C. Circuit to ignore a recent settlement that will allow a Phoenix-based church to continue using ayahuasca in its ceremonies, saying it has nothing to do with the Iowa-based ayahuasca church challenging the IRS's refusal to give it tax-exempt status.


Expert Analysis

Exploring An Alternative Model Of Litigation Finance

A new model of litigation finance, most aptly described as insurance-backed litigation funding, differs from traditional funding in two key ways, and the process of securing it involves three primary steps, say Bob Koneck, Christopher Le Neve Foster and Richard Butters at Atlantic Global Risk LLC.

Teaching Yoga Makes Me A Better Lawyer

Being a yoga instructor has helped me develop my confidence and authenticity, as well as stress management and people skills — all of which have crossed over into my career as an attorney, says Laura Gongaware at Clyde & Co.

State-Regulated Cannabis Can Thrive Without Section 280E

Marijauna's reclassification as a Schedule III-controlled substance comes at a critical juncture, as removing marijuana from being subjected to Section 280E of the Internal Revenue Code is the only path forward for the state-regulated cannabis industry to survive and thrive, say Andrew Kline at Perkins Coie and Sammy Markland at FTI Consulting.

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In Final Memo, Blumenauer Eyes Path Forward For Cannabis

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Walking With My Dog Makes Me A Better Lawyer

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Okla. Expands Allowed Disclosure Of Confidential Tax Info

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Feds Endorse Easing Marijuana Status In Big Policy Shift

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The Art Of Asking: Leveraging Your Contacts For Referrals

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Law360 Reveals Titans Of The Plaintiffs Bar

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Being An Equestrian Makes Me A Better Lawyer

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NY Lawmakers Approve Overhauling Cannabis Tax System

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This Earth Day, Consider How Your Firm Can Go Greener