Insights
Newsletters
Wilson Sonsini Global Cartel Law Quarterly Q4 2025/Q1 2026
The firm is pleased to distribute the Wilson Sonsini Global Cartel Law Quarterly Q4 2025/Q1 2026, which provides a summary of key cartel enforcement trends across the U.S., Europe, and beyond. A “cartel” under competition law is typically reserved for agreements between competitors to restrict competition, such as price-fixing, bid-rigging, and market allocations.
Newsletters
2025 Technology and Life Sciences PIPE and RDO Report
Wilson Sonsini is pleased to present the 2025 Technology and Life Sciences PIPE and RDO Report. This report presents analysis related to 163 private investments in public equity (PIPEs) and registered direct offerings (RDOs) by U.S.-based technology and life sciences companies between January 1 and December 31, 2025. The report is limited to transactions in which the company raised at least $10 million and had at least one closing in 2025.
Newsletters
2025 Technology and Life Sciences IPO Report
Wilson Sonsini’s 2025 Technology and Life Sciences IPO Report provides in-depth analysis on 40 initial public offerings (IPOs) and five direct listings completed by U.S.-based technology and life sciences companies in 2025 with deal values exceeding $75 million.
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Alerts
5.08.26
EU AI Act Undergoes Significant Changes
On May 7, 2026, EU legislators reached a political agreement to amend the EU Artificial Intelligence Act (AI Act), with significant implications for AI companies operating in the EU. The most important changes are:
Alerts
5.08.26
FCC Sets New Satellite Spectrum Sharing Framework
On April 30, 2026, the Federal Communications Commission (FCC) adopted an Order fundamentally revising how satellite systems share spectrum in the Ku and Ka bands, replacing the decades-old Equivalent Power Flux Density (EPFD) limits with a performance-based coordination framework for managing interference between geostationary (GSO) and non-geostationary (NGSO) satellite systems. By reforming the EPFD regime, the FCC has removed a longstanding regulatory constraint that was developed to protect GSO systems but has arguably limited NGSO operators’ ability to deliver high-speed, low-latency broadband services.
News Articles
5.08.26
Wilson Sonsini Attorneys Named to 2026 Lawdragon Leading Global Cyber Lawyers Guide
On May 8, 2026, Lawdragon announced its 2026 Lawdragon 500 Leading Global Cyber Lawyers guide, recognizing world leaders in privacy, data, security, and incident response, as well as the deals and lawsuits that revolve around all things cyber. The Wilson Sonsini attorneys named to the list included:
Alerts
5.07.26
Federal Circuit Provides Path to Written Description and Enablement for Patents Related to Methods of Using a Well-Known Class of Molecules
On April 16, 2026, the U.S. Court of Appeals for the Federal Circuit (the court) issued a precedential decision in Teva Pharmaceuticals International GmbH v. Eli Lily and Company, determining that the claims of Teva’s U.S. Patent Nos. 8,586,045 (the ’045 patent), 9,884,907 (the ’907 patent), and 9,884,908 (the ’908 patent) (collectively, the Headache Patents) relating to methods of reducing headache by administration of humanized anti-CGRP antagonist antibodies are not invalid for lack of written description or enablement. The decision reversed a district court’s judgment as a matter of law (JMOL) decision concluding otherwise, and reinstated the jury’s findings that Eli Lilly’s Emgality® product willfully infringed the Headache Patents.
Podcasts
5.07.26
NextGen VC Podcast - Building Biotech Companies from Day One: Aimee Raleigh of Atlas Venture
What does it actually take to turn an idea into a biotech company? In the latest episode of the NextGen VC Podcast, Aimee Raleigh, Ph.D., principal at Atlas Venture, joins hosts and Wilson Sonsini partners Michael Hostetler and Jennifer Fang to explore how companies get built before they’re even companies.
From evaluating early science to forming a real point of view, Aimee shares how investors build conviction at the earliest stages. She discusses the pace of early-stage venture, as well as how to juggle multiple opportunities, make decisions with imperfect data, and figure out what’s worth leaning into, among other topics. Aimee also discusses her path into venture and what she’s learned along the way in an industry that doesn’t slow down.
From evaluating early science to forming a real point of view, Aimee shares how investors build conviction at the earliest stages. She discusses the pace of early-stage venture, as well as how to juggle multiple opportunities, make decisions with imperfect data, and figure out what’s worth leaning into, among other topics. Aimee also discusses her path into venture and what she’s learned along the way in an industry that doesn’t slow down.
Client Advisories
5.07.26
North Korea-Linked Schemes to Obtain Employment in U.S. Tech Companies: What You Need to Know and How to Respond
During the past few years, operatives associated with the Democratic People’s Republic of Korea (North Korea or the DPRK) have reportedly infiltrated hundreds of U.S. companies by fraudulently posing as legitimate remote IT workers. The perpetrators, together with accomplices across multiple jurisdictions (including inside the U.S.), funnel wages back to North Korea in violation of economic sanctions, and in many cases steal company data, source code, and trade secrets. In a smaller subset of cases, after being discovered and terminated, perpetrators have released, or threatened to release, sensitive company data and attempted to extort ransom payments.
Alerts
5.07.26
Recent AI Regulatory Developments in the United States
While the EU Artificial Intelligence (AI) Act has set forth a relatively uniform framework for AI regulation in the EU, U.S. AI regulation has so far primarily consisted of a patchwork of state laws—which continue to evolve at a rapid pace. Despite the Trump administration calling for Congress to pass AI legislation that would preempt overly burdensome state laws in its National Policy Framework for Artificial Intelligence, many states appear to be actively moving ahead with new legislation. Here are the top areas the states are targeting, followed by some key takeaways:
News Articles
5.07.26
Tait Graves Named Among WIPR Leaders 2026
On May 1, 2026, World Intellectual Property Review (WIPR) named Wilson Sonsini partner Charles Tait Graves to its WIPR Leaders 2026 guide, a list of the leading intellectual property attorneys globally. The guide recognizes individuals and attorneys who are leaders in their fields and shaping the future of intellectual property in the legal space.
Client Highlights
5.07.26
Wilson Sonsini Advises Astranis on $450 Million Fundraise
On May 6, 2026, Astranis, an advanced satellite manufacturer, announced it has raised $450 million in new capital, bringing the company’s total raised to more than $1.2 billion as it scales to meet increased demand for its spacecraft designed for geostationary orbit and other high orbits. The funding includes a new $300 million Series E round co-led by Snowpoint Ventures and Franklin Templeton, with participation from Andreessen Horowitz, funds and accounts managed by affiliates of BlackRock, Baillie Gifford, and Fidelity Management & Research Company, as well as BAM Elevate, Nimble Partners, and Friends & Family Capital, along with other existing and new investors. A delayed-draw credit facility by Trinity Capital adds up to $155 million of additional capital to support the addition of new manufacturing capacity and support future growth. Wilson Sonsini Goodrich & Rosati advised Astranis on the transactions.
News Articles
5.07.26
Wilson Sonsini Announces Unique Public Service Program Providing Financial Support to 1Ls, Nonprofit Partners
Wilson Sonsini has long been committed to attracting the best legal talent the industry has to offer. In support of that commitment, we are excited to announce a new, unique program that provides a $25,000 stipend to current first-year law students who have accepted offers to join our 2027 Summer Program if they spend this coming summer either working for the government or at one of Wilson Sonsini’s nonprofit partners. This experience is designed to both strengthen each student’s practical skills ahead of their 2027 arrival at the firm and enhance the ability of our nonprofit partners to serve their communities. The summer positions will be in addition to—rather than in place of—any existing internship opportunities at the nonprofits.
Blog Posts
5.06.26
SEC Issues Semiannual Reporting Proposal
On May 5, 2026, the SEC announced that it issued proposed rule and form amendments that would give public companies the option to move away from quarterly reporting toward a semiannual reporting model. This blog post provides a summary of the proposed amendments.
Client Highlights
5.06.26
Wilson Sonsini Advises BioOrbit on $13.2 Million Seed Round
On April 30, 2026, BioOrbit, a space manufacturing company developing hardware for the large-scale crystallization of protein drugs, announced the completion of a $13.2 million (£9.8 million) seed round co-led by LocalGlobe and BREEGA, with support from Seedcamp, Auxxo Female Catalyst Fund, Type One Ventures, 7percent Ventures and other investors. Wilson Sonsini Goodrich & Rosati advised BioOrbit on the transaction.