Month: October 2022

WASHINGTON, Oct 10 (Reuters) – The US Supreme Court is set to hear arguments on Tuesday in an industry challenge to the constitutionality of a California animal welfare law in a case that could undermine the power of states to regulate a range of issues within their own borders.

The National Pork Producers Council and the American Farm Bureau Federation are appealing a lower court’s decision to throw out their lawsuit seeking to invalidate a 2018 ballot initiative passed by voters barring sales in California of pork, veal and eggs from animals whose confinement failed to meet minimum space requirements.

The pork industry has defended the size of the cages used at pig farms as humane and necessary for animal safety. Animal rights groups have said some pork producers confine mother pigs in cages

Britain’s largest international law firms are struggling to attract and retain staff in the US after the crash in the value of sterling compounded their lack of competitiveness in the world’s most profitable legal market.

At least one major hire in New York fell apart in recent weeks as the British pound slumped by almost a fifth against the US dollar, according to people with knowledge of recent recruitment attempts. Existing senior staff — concerned that foreign exchange fluctuations would further erode their salaries — have also asked for their pay to be increased or pegged to the dollar.

The group of “magic circle” law firms that work on the City of London’s biggest deals have historically fought to match their American competitors on pay due to lower overall profitability and more restrictive remuneration models that prevented outsized salaries for star partners.

Freshfields’ equity partners took home more than £2mn