Drinks With The Deal: Cooley’s Proffitt on Leading Through Change
Rachel Proffitt, Cooley’s partner and CEO, sat down on the Drinks With The Deal podcast to outline her leadership philosophy for navigating rapid change. She highlighted the importance of flexible organizational structures, proactive talent management, and the strategic use of artificial intelligence in legal services. Proffitt also discussed broader structural shifts reshaping the law firm model, including evolving client expectations and competitive pressures. The conversation offers a window into how a top-tier firm is adapting to a digitized, client‑centric market.
‘Cracks Show’ as CDRH Staff Contend With Heavy Workloads
The U.S. Center for Devices and Radiological Health (CDRH) is grappling with heavy workloads after a year of staff reductions, according to Cooley counsel Son Nguyen. Remaining reviewers report heightened case volumes and frequent mid‑application decision changes, creating uncertainty for...
Daily Journal Names Cooley Partner Among Leading Litigators
Michael Attanasio, a Cooley partner, was named by the Daily Journal as one of California’s Leading Commercial Litigators. The accolade highlights his role in high‑stakes cases, notably securing a temporary restraining order, a permanent injunction, and summary judgment against a...
Korsana Biosciences Announces Merger With Cyclerion Therapeutics, Concurrent $380 Million Private Financing
Korsana Biosciences announced a merger with Cyclerion Therapeutics, accompanied by a $380 million private placement. The financing round was led by Fairmount and Venrock Healthcare Capital, with participation from a slate of prominent venture and institutional investors. Cooley LLP represented the...
New York’s Frontier AI Law Gets a California Makeover – With Some Key Differences
New York’s amended Responsible AI Safety and Education (RAISE) Act, signed on March 27, 2026, aligns closely with California’s Transparency in Frontier Artificial Intelligence Act (TFAIA) by adopting the same frontier‑AI framework and transparency‑report requirements. The law revises key definitions,...
Cooley Shortlisted for Seven Awards at ALB China Law Awards 2026
Cooley has been shortlisted for seven Asian Legal Business China Law Awards in 2026, covering firm‑wide, deal‑specific and individual categories. The firm earned nominations for International Law Firm of the Year, International Deal Firm of the Year, Capital Markets Law...
Cooley Maintains Top Rankings in Global M&A and Private Equity
Cooley’s global M&A and private‑equity practices retained top positions in Bloomberg’s Q1 2026 league tables. The firm ranked #1 worldwide in both life‑science and technology deal counts, #3 overall M&A, and #2 in private‑equity transactions. It advised on high‑profile deals...
Investors Are Suing Over Proxy Proposals – Here’s What to Know
The U.S. Securities and Exchange Commission has withdrawn its longstanding Rule 14a‑8 no‑action process, removing the informal guidance companies relied on for shareholder proxy proposals. In response, investors are filing lawsuits challenging the validity of certain proxy proposals under the new...
Geron Corporation Secures Dismissal of Federal Securities Class Action
Geron Corporation and its officers secured a dismissal without prejudice of a federal securities‑fraud class action tied to the launch of its blood‑cancer drug RYTELO. U.S. District Judge Vince Chhabria ruled the plaintiffs failed to allege a plausible intent to...
Textron Aviation Secures Summary Judgment
Textron Aviation, a subsidiary of industrial conglomerate Textron, secured a summary judgment that dismissed a lawsuit filed by more than 400 owners of its Cessna TTx aircraft. The plaintiffs alleged cosmetic window cracking and claimed breaches of express and implied...