Ho ho ho...gan Lovells merging.

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A critical analysis of the best variety of Coca-Cola product gives way to a conversation about law this week. Cadwalader ends its tumultuous year -- involving a Trump administration capitulation and a series of defections -- with a big quasi-transatlantic merger announcement with cross-Pond Hogan Lovells. Christmas came early -- to the extent anyone thinks of U.S. News law school rankings as "Christmas" -- with a prediction about the new law school pecking order. And it looks like garbage at a time when those rankings may be more important than ever. Also, ICE appears to be publishing an enemies list? That doesn't seem great. All that and some thoughts on Alan Dershowitz writing a new book suggesting Trump might be able to get a third term despite the clear text of the Constitution.

10:02 AM ET: Aaron Judge re-signs with Yankees