Insights
No Privilege for Funder Diligence: The English Commercial Court Differentiates Between Funding Litigation and Conducting It
Recent Developments for Directors — August 2026
Healthcare & Life Sciences: Drug Pricing Digest — Number 79
Resource
The Latham US IPO Guide
An insider's guide to the IPO process in the United States.
Latham in Focus Video Series
The Book of Jargon Series – Word of the Day®
The Book of Jargon® is a series of practice area and industry-specific glossaries published by Latham & Watkins.
Qualified Institutional Buyer (QIB)
large Institutional Investors that must have at least US$100 million invested in Securities or under management. Qualified Institutional Buyers are the permitted Purchasers of Securities in Rule 144A Financing. See Rule 144A.
Freemium
a pricing strategy that offers a basic version of a product to users for free with the goal of selling them additional features for a fee.
Electronic Discovery (eDiscovery)
the process of identifying, collecting, reviewing, and producing relevant ESI in connection with a pending litigation or investigation. eDiscovery processes may differ depending on local rules, case law, and matters.
Governance
the “G” in ESG. Governance is the structure that directs how a company is controlled. It is typically outlined in bylaws, stock ownership guidelines, articles of incorporation, and committee charters. Governance rules, processes, and systems set forth transparent outlines to organize a company’s day-to-day management and disclose to investors how the company will achieve its goals.
Quiet Period
in a registered Securities offering, the Prefiling Period for the Issuer is a Quiet Period—so called because the Issuer must be very careful not to make any oral or written offers prior to filing the Registration Statement. Consequences of being “loud” during the Quiet Period include a cooling off period and a substantial delay in the deal timeline. See Prefiling Period and Gun Jumping.

