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Briefing Notes
Disputes
US Fifth Circuit Faces Consequential Constitutional Challenge to Inflation Reduction Act's Medicare Drug Pricing Regime
A Fifth Circuit win for plaintiffs creates a circuit split — the clearest trigger for Supreme Court review of the IRA's drug pricing regime.
AI & Law
AI Adoption Among General Counsels Accelerates Even as Deployment Risks and Governance Gaps Outpace Enthusiasm
GC enthusiasm for AI is consistently outrunning their governance infrastructure — that gap is where law firm advisory revenue is being made.
Energy & Tech
PE Deal Activity in Construction and Engineering Hits All-Time High in Q1 2026, Led by Power Grid Infrastructure Mandates
Grid infrastructure is now PE's dominant construction thesis — electrical contracting deal values hit a single-quarter record in Q1 2026.
Regulation
FCA Proposes Simplified Climate Reporting Rules That Could Save UK Investment Firms Around £20 Million Per Year
FCA simplification proposals signal a shift from ESG reporting expansion to cost-calibrated disclosure — advisory work moves from implementation to recalibration.
International
Linklaters Hires Veteran Public Law and Regulatory Partner from Weil in Paris, Rebuilding French Practice After Recent Departures
Back-to-back partner losses strip Weil's French public law bench at exactly the moment EU regulatory complexity is accelerating advisory demand.
M&A
Canadian Dealer Group Acquires Mercedes-Benz Berlin-Area Retail Sites in First German Market Entry
Manufacturer-to-dealer asset transfers are generating a steady pipeline of cross-border mid-market M&A in European premium automotive.