Legal news for the week ending May 18, 2024

Here’s a roundup of some significant U.S. legal news for the week ending May 18, 2024:

Federal Reserve’s Debit Fee Plan: Banks and civil rights advocates have expressed concerns that the Federal Reserve’s plan to reduce caps on debit card interchange fees could negatively impact efforts to bring more low- to moderate-income people into the banking system.

AI in Law: Paul Weiss and other law firms are assessing the value of AI in their operations, though its impact on the bottom line is yet to be determined.

Texas Legal Battles: Conservative groups in Texas have been strategically filing lawsuits to ensure their cases are heard by like-minded judges.

Supreme Court Decisions: The Supreme Court has made several rulings, including one on a case involving Stuart Harrow, who can continue his fight for six days of back pay.

High-Profile Trials: The week also saw developments in high-profile legal cases, including the conviction of Greg Lindberg for attempting to bribe a North Carolina insurance commissioner, and the upholding of Steve Bannon’s criminal conviction for defying a subpoena from the House committee investigating the Capitol attack.

Please note that this is not an exhaustive list, and for more detailed information, you may want to check out the full articles from Bloomberg Law News, The Wall Street Journal, and other legal news outlets. Stay informed and always consult with a legal professional for specific legal advice.

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