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FASB Proposes New Guidance on Stablecoin Classification as Cash Equivalents and Enhanced Disclosure Requirements
On August 18, 2026, the Financial Accounting Standards Board (“FASB”) issued a proposed accounting standards update (“ASU”) titled Statement of Cash Flows (Topic 230): Cash Equivalents—Disclosure Enhancement and Evaluation of Certain...
Morning Docket: 08.20.26
* Biglaw facing backlash over super early 1L hiring. [Financial Times] * Judge’s law license suspended for vulgar, racist language. [Bloomberg Law News] * Defense team hopes jurors won’t believe their client in Tupac murder trial. [Reuters] * Seventh...
Why Congress Will Be In A Hurry After August Recess
The post Why Congress Will Be In A Hurry After August Recess appeared first on Above the Law.
Meet Me At ILTACON: Neostella, Case Management For How Firms Actually Work
While the legal industry has been all-in on adopting AI, many lawyers still face barriers to efficiency like outdated processes or disconnected systems. Neostella is a case management platform that aims to change that dynamic. This tool is engineered to provide...
Supreme Court justices just can’t move about like they did in the good ol’ days
{mag_summary}A generation or more ago, life was more carefree for U.S. Supreme Court justices. “I joined the court in 2010, and it was an entirely…
Prominent Pittsburgh lawyer among those charged in Penn State frat cocaine ring
{mag_summary} A prominent Pittsburgh lawyer and his son are among those charged in a Pennsylvania State University frat brother drug trafficking scandal. Paul Robinson, an…
Ballroom dispute now fully briefed
As we draw closer to the “long conference” on Sept. 28, our petitions page is filling up with notable petitions for review that are scheduled to be discussed. As Amy reported last year, over the past decade, the justices have granted between five and 15 petitions from...
What the public thinks about the emergency docket
This column has generally been about what the emergency docket does: how fast the justices act, how often lower courts cite its orders, who dissents on it and in what form, and where denied litigants go when they refile. This month covers something different. Scholars...
Slaughter’s vice
As a new school year gets underway, law students might expect to soon be called upon to answer a seemingly simple question: What did the Supreme Court hold in Trump v. Slaughter? A student who has dutifully done the reading might respond by quoting the chief justice’s...