Legal Industry

  • February 27, 2015

    Minority Powerbrokers Q&A: Schiff Hardin's Sal Patel

    More often than not, at an initial client pitch meeting or court hearing, there seems to be an automatic assumption as a lawyer of color that I must be the second chair lawyer, says Sailesh Patel, co-chairman of Schiff Hardin LLP’s pharmaceuticals and biologics patent litigation team.

  • February 26, 2015

    Obama Picks New Judges For Fla., NJ District Courts

    President Barack Obama on Thursday tapped a former Miami-Dade circuit judge and a lawyer for Bergen County to fill vacancies in federal district courts in Florida and New Jersey.

  • February 26, 2015

    Davis Polk, BigLaw Brethren Rack Up Billables On MBS Deals

    Morgan Stanley’s announcement Wednesday that it would pay $2.6 billion to end a Department of Justice investigation into its mortgage-backed securities deals is just the latest in a series of blockbuster government settlements that have kept a slew of big law firms like Morgan counsel Davis Polk & Wardwell LLP busy since the 2008 financial crisis.

  • February 26, 2015

    High Court's History With Rough Amici Could Save Foley Atty

    The German scientist and intellectual property-law votary behind a U.S. Supreme Court petition that sparked a sanction threat for his Foley & Lardner LLP lawyer has seen the high court accept a series of similarly convoluted amicus briefs, a fact appellate experts say might play in his lawyer’s favor — if the justices don't feel like they're being called out for not scolding him previously.

  • February 26, 2015

    Law360's Weekly Verdict: Legal Lions & Lambs

    Wachtell Lipton Rosen & Katz leads our pride of legal lions this week after whipping a malpractice suit claiming it cost Carl Icahn takeover target CVR Energy Inc. $37 million in fees, while a Texas jury took a half-billion-dollar bite out of Apple Inc.’s bottom line after finding the company’s iTunes software infringed a trio of patents.

  • February 26, 2015

    Senate Panel OKs Texas, Utah, Federal Claims Judicial Noms

    The Senate Judiciary Committee on Thursday unanimously approved nine federal judicial nominees, including five for the Court of Federal Claims, three in Texas and one in Utah, placing the group one step away from full confirmation.

  • February 26, 2015

    Top Podcasts For The Busy Lawyer

    Lawyers may think they're too busy to add listening to podcasts to their to-do lists, but these audio programs provide an informative and often entertaining way to multitask while driving to work or waiting in line — and they can inspire attorneys to find better solutions to clients' problems. Here, legal experts point to podcasts that lawyers really shouldn't miss.

  • February 26, 2015

    ABA Tells 9th Circ. Heller Can't Claw Back Atty Profits

    The American Bar Association on Wednesday filed an amicus brief with the Ninth Circuit to help block bankrupt Heller Ehrman LLP's attempt to claw back unfinished business profits from its ex-partners, saying that applying the "unfinished business rule" to client hourly rate matters would raise ethical implications.

  • February 26, 2015

    Minority Powerbrokers Q&A: Berger Singerman's Siddiqui

    When things are translated to dollars and cents, I find that the conversation transcends color, says Shahram Siddiqui, a partner with Berger Singerman LLP and former corporate counsel for LNR Property LLC.

  • February 26, 2015

    Minority Powerbrokers Q&A: Thompson Hine's Roy Hadley Jr.

    I think it is a very dangerous thing to think that you have ever “broken the glass ceiling,” says Roy Hadley Jr., co-chairman of Thompson Hine LLP's privacy and information security team and a former general counsel and chief privacy officer in the corporate arena.

  • February 25, 2015

    Ex-Dewey Execs, DA Trade Barbs Over Trial Evidence

    The former leaders of Dewey & LeBoeuf LLP and New York prosecutors tussled Wednesday over what evidence will be allowed into the upcoming April trial on charges the executives manipulated the firm's books before its dive into bankruptcy.

  • February 25, 2015

    Marriage Of Two IP Firms Ends In Bitter Divorce

    After merging in August, two D.C.-area intellectual property firms are now at each other’s throats as Jacobson Holman PLLC launched a contract suit in D.C. superior court and patent prosecution firm Hershkovitz & Associates PLLC promised counterclaims Wednesday.

  • February 25, 2015

    Deutsche Bank Recruits DOJ Vet For GC Post

    Deutsche Bank AG has named Akin Gump Strauss Hauer & Feld LLP partner Steven F. Reich, a veteran of the U.S. Department of Justice and the White House, its general counsel for the Americas.

  • February 25, 2015

    7 Habits Of Highly Effective Compliance Officers

    Corporate compliance officers operate in a pressure cooker. They have to understand and prioritize an endless onslaught of government enforcement priorities and regimes while maintaining the delicate balance between policing the company and building trust and rapport with business leaders. Here, attorneys who have served in enforcement and corporate roles talk about the traits they see in the most-effective compliance officers.

  • February 25, 2015

    Texas Legal Market Stays Hot Despite Plunging Oil Prices

    Driven by a boom in private equity investment and mergers and acquisitions work, the Texas energy market continues to draw interest from both national and regional law firms looking to open up shop, both in Houston and increasingly in Dallas, despite plunging oil prices.

  • February 25, 2015

    Minority Powerbrokers Q&A: Jonice Gray Tucker

    One the greatest challenges I have confronted at the senior level is being the only lawyer of any color at the table when issues related to diversity come into play. This can be uncomfortable at times, especially when my viewpoint may be surprising or controversial, says Jonice Gray Tucker, one of the founding partners of BuckleySandler LLP.

  • February 25, 2015

    Minority Powerbrokers Q&A: Lewis Brisbois' Craig Holden

    As a life-long Pittsburgh Steelers fan, I have to encourage the use of the so-called “Rooney Rule.” This certainly worked in the NFL, which has seen a significant increase in the number of minority coaches. Now if I could just get Mr. Rooney to consider me in the slate when he decides to hire a new head coach, says Craig Holden, chairman of Lewis Brisbois Bisgaard & Smith LLP's national commercial litigation practice.

  • February 24, 2015

    Paul Hastings Joins Davis Polk Associate Bonus Ranks

    Paul Hastings LLP is joining the torrent of firms lining up behind Davis Polk & Wardwell LLP's now-standard associate bonus rate, though all-star associates could get more in extra payouts, according to a Tuesday report.

  • February 24, 2015

    Law Firms, Banks Join Forces To Tackle Cyberthreats

    The financial services industry's long-standing Information Sharing and Analysis Center revealed Tuesday that it is working with a handful of law firms to help launch a stand-alone organization that would enable the legal industry to more effectively exchange data on emerging cyberthreats.

  • February 24, 2015

    Latham Profits Up 16% As Revenue Soars

    Latham & Watkins LLP posted a record 16 percent partnership profit growth in 2014, in addition to a nearly 14 percent hike in its gross revenue and a boost in its overall head count, the firm said Tuesday as it disclosed its financial records.