Business of Law

  • December 2, 2016

    Dentons Tacks On 3 Gadens Offices In Downsized Tie-Up

    Dentons on Friday announced that it has finalized its combination with offices of Australia’s Gadens, adding on approximately 200 Pacific Rim lawyers, a significantly smaller number than the 500 who had originally considered joining the global giant.

  • December 2, 2016

    Innovative Corporate Counsel: Stanton Dodge

    For wrapping up landmark copyright litigation after four years and a stop at the Ninth Circuit while continuing to help his company expand its scope of business, Dish Network general counsel Stanton Dodge is a 2016 Law360 Innovative Corporate Counsel.

  • December 2, 2016

    Legal Sector Woes Continue With 500 Jobs Lost In November

    The legal services sector continued a recent stretch of less-than-stellar employment numbers, losing 500 jobs in November and marking the industry’s lowest overall total since June, the U.S. Bureau of Labor Statistics announced Friday in its monthly jobs report.

  • December 2, 2016

    5 Insights From Airbus Group's Joshua Walker

    Technology so quickly outpaces regulation, and it’s imperative governments at every level find that sweet spot where the public is reasonably protected but innovation isn’t stifled. If the U.S. doesn’t get this balance right, other governments will, says Joshua Walker, general counsel and project executive for A3 by Airbus Group.

  • December 1, 2016

    Heller Trustee Makes Final Push For Stakes In Ex-Atty Work

    A plea by Heller Ehrman LLP’s trustee in California’s highest court Wednesday may be the last stand for arguments that dissolved partnerships should be able to keep a stake in work that fleeing lawyers take to competitors, as the bankrupt firm enters the final stage in a long clawback saga.

  • December 1, 2016

    Freshfields, Clifford Chance Keep Bonus Season Moving

    Freshfields Bruckhaus Deringer LLP and Clifford Chance LLP kept the pace of BigLaw’s bonus season moving on Thursday, as both Magic Circle firms announced to their U.S. attorneys that they will be seeing year-end bonuses at the same scale set by Cravath Swaine & Moore LLP.

  • December 1, 2016

    Law360's Weekly Verdict: Legal Lions & Lambs

    Holland & Knight LLP topped this week’s legal lions list when it shed a bankrupt client’s lawsuit accusing it of offering bad business advice, while Skadden became a legal lamb after a Texas jury slammed its client with a $1 billion verdict, finding the Johnson & Johnson unit had negligently designed a hip implant.

  • November 30, 2016

    Skadden, Ropes & Gray Offer Bigger Bonuses To Busier Attys

    Bonus announcements are still coming from law firms eager to fall in line with the standard set this week by Cravath Swaine & Moore LLP, but Ropes & Gray LLP and Skadden Arps Slate Meagher & Flom LLP put a toe outside the line by offering their overachievers a slightly sweeter reward for a year’s hard work.

  • November 30, 2016

    GCs' Complex Work Means Bigger Paydays, Report Says

    General counsel compensation at companies of all sizes continues to rise due to greater job complexities and expanded roles in an ever-growing global business environment, according to a new report published Monday.

  • November 30, 2016

    Sutherland, Eversheds Cling To Financial Autonomy In Merger

    Getting partners behind a tie-up between Sutherland Asbill & Brennan LLP and the U.K.'s Eversheds — a relatively rare cross-Atlantic merger — will be simplified by a structure that will keep the branches largely financially independent, experts said.

  • November 30, 2016

    Philly City Atty Linked To Anti-Trump Graffiti

    A Philadelphia assistant city solicitor is being investigated in connection to anti-Donald Trump graffiti spray-painted on the outside of a grocery store in the northwest part of the city, a top official in the law department confirmed Wednesday.

  • November 30, 2016

    Allen & Overy Reports Record-Breaking Revenue At $911M

    Global legal giant Allen & Overy revealed Wednesday that its revenue hit a record high during the first half of the financial year, rising 13 percent over 2015’s results to exceed £730 million ($911 million).

  • November 30, 2016

    Rainmaker Q&A: Schwartz Sladkus' Steven Sladkus

    I’ve seen some young attorneys try to generate business by leveraging personal relationships, which is just fine. There will come a point, however, when relationships alone will not be enough to maintain a client’s absolute confidence, says Steven Sladkus, founding partner of Schwartz Sladkus Reich Greenberg Atlas LLP.

  • November 29, 2016

    Alternative Fee Arrangements Help GCs Prove Their Value

    Law departments that use alternative fee arrangements are more likely to hit their budgets, and law departments that hit their budgets are much more likely to win a seat at the table with business leaders, according to a survey of general counsel and chief legal officers.

  • November 29, 2016

    Law Firms Hurry To Match Cravath’s Year-End Bonuses

    Willkie Farr & Gallagher LLP, Debevoise & Plimpton LLP, Simpson Thacher & Bartlett LLP and others on Tuesday announced to their associates that they will be receiving year-end bonuses equal to those of their peers at Cravath Swaine & Moore LLP, making clear their desire to stay top of the market.

  • November 29, 2016

    Rate Hikes Keeping BigLaw Stable While Demand Drops

    For about 130 large to mid-size law firms, revenue has remained ahead of last year, according to a Wells Fargo report obtained Tuesday by Law360, but underlying that growth is a costly market still relying on rate hikes in the face of dwindling service demand.

  • November 29, 2016

    Rainmaker Q&A: BuckleySandler's Matthew Previn

    While other lawyers are focusing their efforts on more senior company lawyers, nurture your relationships with the younger company lawyers who will one day be the decision makers at their institutions. They will remember that you paid attention to them when no one else did, says Matthew Previn of BuckleySandler LLP.

  • November 29, 2016

    Sutherland, Eversheds Partners To Vote On Merger

    Partners at Atlanta-based Sutherland Asbill & Brennan LLP and the U.K.’s Eversheds on Tuesday began formally considering a merger that would combine the names of the firms but keep their finances separate.

  • November 29, 2016

    Rainmaker Q&A: McCarter & English's Erik Paul Belt

    You want to avoid putting on blinders and seeing only the pure legal issues. They’re important, of course, but they’re too narrow. If you listen carefully to clients you’ll pick up that they see things in terms of business issues, says Erik Paul Belt, partner at McCarter & English LLP.

  • November 29, 2016

    Holman Fenwick Merges With Houston Energy, Marine Firm

    International law firm Holman Fenwick Willan LLP said Tuesday it will be making its first foray in the U.S. marketplace and merging with Houston-based Legge Farrow Kimmitt McGrath & Brown LLP, which specializes in energy, maritime law and insurance.

Expert Analysis

  • The Ethical Risks Of A Multijurisdictional Practice

    Melinda Gentile

    As law firms and clients conduct more business on a regional or national scale, multijurisdictional practice is becoming more prevalent for practicing attorneys. Attorneys engaged in both private practice and as in-house counsel need to be aware of the ethical risks of practicing across jurisdictions — including the implications of engaging in the unauthorized practice of law, say Melinda Gentile and Monique Cardenas of Peckar & Abramson PC.

  • How Law Firms Are Using Analytics To Reduce Write-Offs

    Haley Altman

    It is increasingly necessary for law firms to implement strategies to improve efficiency, staffing and value to meet client needs. Haley Altman, CEO and co-founder of Doxly Inc., discusses how to successfully leverage analytical tools and emerging technology to increase profitability.

  • REVIEW: The Missing American Jury

    Judge William Young

    Face it, the American jury system is dying. The arguments Professor Suja Thomas makes in her new book deserve consideration by everyone interested in how our government actually works and how it might recapture the unifying communitarian experience of direct democracy and actual trial by one’s peers, says U.S. District Court Judge William Young of the District of Massachusetts.

  • Talking 'Bull': Episode 7, Never Saw The Sign

    Futterman Photo.jpg

    In this weekly column, real-life New York City jury consultant and psychologist Roy Futterman parses fact from fiction in "Bull," the new TV series airing on CBS about a fictional NYC jury consultant/psychologist.

  • Avoiding Law Firm BYOD Risks: Tips For Securing Devices

    Everett Monroe

    Many believe that the solutions to the security problems created by using smartphones for work are primarily technological, but a much larger piece of the puzzle involves the human factor. To achieve reasonable security around mobile devices, law firms must go back to basics — clear policies, effective training and thoughtful oversight, says Everett Monroe of Hanson Bridgett LLP.

  • 4 Ways Lawyers Can Improve Their Marketing

    Mike Mellor

    Attorneys may not realize the breadth of services that their marketing, design and library teams offer. One of the things I like to do when attorneys start at our firm is give them a download of the kinds of problems we can solve for them so they know how to work with us most effectively, says Mike Mellor, director of marketing at Pryor Cashman LLP.

  • Beyond Bean Counting: How Legal Can Add True Value

    david_wallace_HerbertFreehills.jpg

    For legal departments to stay in front of the crowd, cost-cutting alone is not enough. Neither is claims-driven revenue generation, nor running endless analytics of outside legal spend. This is short-term, passive, scarcity-based thinking that keeps legal departments from offering their corporate clients the greatest possible value — competitive advantage, says David Wallace of Herbert Smith Freehills LLP.

  • OPINION: The US Supreme Court In 2017

    James Brosnahan

    The ideologue’s main problem is believing in conformity of thought. They will now search for true believers, but fortunately very few judges harbor the dark, conservative uniformity desired. If they do find one, the Senate will not confirm, says James Brosnahan, a senior trial counsel with Morrison & Foerster LLP.

  • Talking 'Bull': Episode 6, Bedside Manner

    Roy Futterman

    In this weekly column, real-life New York City jury consultant and psychologist Roy Futterman parses fact from fiction in "Bull," the new TV series airing on CBS about a fictional NYC jury consultant/psychologist.

  • Merging Law Firms: Think Before You Tie The Knot

    John Remsen Jr.

    Getting larger isn’t a good enough reason to merge. Focus on whether the merger will make your firm better. Also, it’s possible that a merger can reduce profitability, says John Remsen Jr. of TheRemsenGroup.