Western Union May Soon Expand Services as Virtual Currency Exchange, Details Here

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Western Union is looking to expand into the virtual digital assets sector in the coming days. The money transfer service provider has filed for a bunch of trademarks in the US, seeking approvals to provide exchange and transfer services for virtual currencies. Western Union is an established facilitator of cross-border remittance services. In recent times, … Read more

Spotify Active Users Rose to 465 Million in Q3 2022, Says Profit Margins Squeezed by Slow Advertising Growth

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Spotify on Tuesday said third-quarter profit margins were squeezed by slow advertising growth, fanning concerns about the weak global economy’s effect on digital advertising. Spotify shares slid 4 percent in after-hours trading, stung by sector-wide weakness after Google parent Alphabet missed market estimates for quarterly revenue as advertisers cut spending. Spotifywhose stock has fallen 58.5 perent this … Read more

From Running Operations to Strategizing, Law Firm Business Chiefs See Swelling Responsibilities | Law.com

Business Growth

Whether they’re called executive directors, chief operating officers or directors of operations, law firm business leaders have become more central to the operations of these formerly lawyer-led business enterprises, as firms scale their operations across multiple practice areas and geographic markets. But while such trends can be seen most prominently in Big Law, data and … Read more

In Its Third Such Deal This Year, SIU Law Enters 3+3 Agreement With Tougaloo College | Law.com

Camille Davidson

Southern Illinois University Carbondale, on behalf of SIU School of Law, and Tougaloo College entered a 3+3 agreement last week as both schools seek to diversify the legal profession. It’s SIU Law’s third such agreement with a school this year. The law school and Tougaloo College, a 900-student institution in Tougaloo, Mississippi, entered into the 3+3 … Read more

Economic Downturn Could See Law Firms Selling Off Their Tech Subsidiaries | Law.com

Selling Technology

Concerns around a looming recession have been growing this year as the legal market copes with the economic aftershocks of a European conflict and the global pandemic. As a result, layoffs, tighter budgets, and other cost-cutting measures have become commonplace in the industry. Now, there might be another way law firms are easing their financial burdens … Read more

Ninth Circuit Confirms that District Courts Can Enforce Expansive Restitution Agreements

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Today the Ninth Circuit handed down an interesting opinion on restitution, confirming that criminal defendants can agree to pay expansive restitution beyond what is required by the crimes of conviction. Interpreting the general federal restitution statute–18 U.S.C. § 3663–the Ninth Circuit explained that Congress has granted district courts statutory authority to award restitution to the … Read more

My New The Hill Article on How Arlington, VA Battle over “Missing Middle” Housing is a Microcosm of Broader National Struggle Against Exclusionary Zoning

Arlington

The Hill just published my article on the ongoing struggle over “missing middle” housing  in Arlington, Virginia, where I live. The issue exemplifies the broader national issue of exclusionary zoning: The big issue in the November election in Arlington County in northern Virginia — where I live — is the county board’s proposal to legalize … Read more

404 Error | Law.com

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