Business of Law

  • October 27, 2016

    BigLaw Is On A Lateral Hiring Tear In This Practice Area

    One practice area has seen 58 percent more lateral partner movement so far in 2016 than it did all of last year. Here, we look at how political uncertainty, market volatility and increasingly complex capital structures have helped spur this wave.

  • October 27, 2016

    Rainmaker Q&A: Godwin Bowman's Bruce Bowman

    You want to be perceived by potential clients as someone with excellent legal abilities who can truly solve problems, as opposed to someone that may simply be fun to be with, but that they would never hire to take care of a serious matter. People like to hire friends, but they will only hire friends who are trusted problem solvers, says Bruce Bowman Jr., managing shareholder of Godwin Bowman & Martinez.

  • October 26, 2016

    Justice Thomas Denounces Politicization Of High Court

    U.S. Supreme Court Justice Clarence Thomas lamented both the state of political partisanship gripping the nation's capital and the spillover effects it has had on the integrity of the high court, broadly proclaiming to a D.C. audience Wednesday evening that "we're destroying our institutions."

  • October 26, 2016

    GC Egos Can Get In The Way Of Lawsuit Risk Assessment

    In-house lawyers too often let pride soften their take on the risk of new lawsuits and need more truth-telling from their firm lawyers, a panel of general counsels said Wednesday at a symposium in Manhattan.

  • October 26, 2016

    Commodities Firm's Ex-GC Alleges 'Good Ol' Boys' Workplace

    The former general counsel of a commodity trading company accused it in a Connecticut federal court suit on Tuesday of age and sex discrimination, contending she was underpaid and that the company's all-male board fired her because she was an older woman in a "male-dominated industry."

  • October 26, 2016

    Sotomayor Expresses Nostalgia For Previous 2nd Circ. Gig

    Supreme Court Justice Sonia Sotomayor on Wednesday expressed a deep measure of nostalgia for her previous job as a Second Circuit judge, describing a freewheeling and collegial environment in which the views of junior jurists were as welcome as those of long-timers.

  • October 26, 2016

    Rainmaker Q&A: Orrick's Christina Guerola Sarchio

    For one of my clients it took me 10 years to get my first matter from them. You have to remember that there are lots of lawyers out there, and lots of relationships already in place. Persistence and resilience are key, says Christina Guerola Sarchio, chairwoman of the class action strike team at Orrick Herrington & Sutcliffe LLP.

  • October 26, 2016

    Rainmaker Q&A: Rutan & Tucker's Shigenobu Itoh

    It’s opportunities where perhaps you don’t actually land an engagement that can turn out to be great substantive learning experiences for young lawyers in developing their nonlegal skills. They can serve as a catalyst to conduct some personal introspection, says Shigenobu Itoh, partner at Rutan & Tucker LLP.

  • October 25, 2016

    Calif. Judicial Discipline Commission Seeks To Curb Audit

    California’s judicial disciplinary commission has asked a San Francisco state judge to curtail a pending audit into the agency’s disciplinary process, arguing the review seeks confidential documents and violates the separation of powers doctrine by attempting to intrude on the commission's “core constitutional functions.”

  • October 25, 2016

    Skadden Ducks Untimely $35M Creditor Malpractice Suit

    Skadden Arps Slate Meagher & Flom LLP dodged a $35 million malpractice suit brought by creditors of bankrupt aviation company Evergreen International Aviation when a New York state judge agreed with the firm that the action is time-barred.

  • October 25, 2016

    Rainmaker Q&A: Greenberg Traurig's Richard Edlin

    Once, I moved into a client's house for about 10 days and we prepped for a deposition at all hours of the day and night. It wasn’t really necessary, except that it made him feel better and put him in a much more positive frame of mind, says Richard Edlin, vice chairman at Greenberg Traurig LLP.

  • October 25, 2016

    BuckleySandler Nabs Ex-Fifth Third GC For Banking Practice

    BuckleySandler LLP has picked up Heather Russell to lead the firm’s growing financial institutions regulation, supervision and technology practice, about three months after the attorney was fired as general counsel at Fifth Third Bank over a romantic relationship with Fannie Mae’s CEO.

  • October 25, 2016

    India's Plans For Legal Sector Liberalization Get A Reboot

    After it was dealt a setback last month, India’s government is continuing to push forward with its efforts to open up the nation to foreign law firms.

  • October 25, 2016

    Rainmaker Q&A: WilmerHale's Elizabeth Mitchell

    In one instance with a potential client I found myself saying very directly “You need to do this, and we are the right firm to do it. What are you waiting for?” While not the way I would seek to close on most requests for business, it worked in this context, says Elizabeth Mitchell, partner at WilmerHale.

  • October 24, 2016

    1st Circ. Tosses Harvard Law Grad's Defamation Suit

    The First Circuit on Monday affirmed the dismissal of a defamation suit brought by a Harvard Law School graduate who lost a lucrative job offer due to a notation of plagiarism on her transcript, saying that no reasonable student would have believed the school’s plagiarism policy didn’t apply to her submission to a student-run journal.

  • October 24, 2016

    ABA Takes Steps To Crack Down On Low Bar Passage Rates

    Law schools with lousy bar passage rates could lose their accreditation under a proposal favored Friday by a section of the American Bar Association.

  • October 24, 2016

    Carlyle-Backed LDiscovery Grabs Competitor In $410M Deal

    Private equity-backed e-discovery company LDiscovery LLC on Friday said that it will buy competitor Kroll Ontrack, which also specializes in data recovery and destruction, for $410 million in cash, expanding its presence around the world.

  • October 24, 2016

    Artificial Intelligence May Help Predict Case Outcomes: Study

    Whether jurists will be replaced by robots and how artificial intelligence will alter the legal industry in the long run is yet to be seen, but a study released Monday indicates that machines may be able to predict the outcome of court proceedings with more accuracy than pure chance.

  • October 24, 2016

    What To Do If Your Partnership Plans Fall Apart

    Associates often begin their careers brimming with hope, dreaming of making partner and then, a few years later, they're hit with the hard reality that their vision of a corner office isn’t going to materialize. Here are four alternative career paths for associates for whom BigLaw partnership isn't in the cards.

  • October 24, 2016

    Rainmaker Q&A: Choate's Christian Atwood

    I’m not a huge fan of the term “rainmaker,” as I think it connotes someone doing something on his or her own. In reality, the opposite is true — no one who generates any meaningful amount of business can do so on their own, says Christian Atwood, partner at Choate Hall & Stewart LLP.

Expert Analysis

  • When Your Client Is The President

    C. Boyden Gray

    Every day, it seemed that virtually the entire day was spent trying to shape the news. Balancing the media day-to-day with the need for strategic planning requires staff to stay in their positions rather than congregate around the ball. Yet the impulse to run to the action is as tempting in the White House as on the soccer field, says C. Boyden Gray, who served as White House counsel for President George H.W. Bush.

  • When Your Client Is The President

    Peter J. Wallison

    I was given immediate responsibility for responding to the Iran-Contra crisis. My problem as a lawyer was what to do about all the requests for files, documents and other information that were coming in from investigators. Ultimately, it came down to this: What do I believe about my client? says Peter Wallison, who served as White House counsel for President Ronald Reagan.

  • Talking 'Bull': Episode 5, Just Tell The Truth

    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 about a fictional NYC jury consultant/psychologist.

  • When Your Client Is The President

    Fred F. Fielding

    The experience of preparing for the 1981 air traffic controller strike brought home to me the responsibility a lawyer owes to his or her client — be it an average citizen, a corporation or a president, says Morgan Lewis & Bockius LLP partner Fred Fielding, who served as White House counsel for Presidents Ronald Reagan and George W. Bush.

  • Bridging The Gap Between Outside And Inside Counsel

    Andrew S. Chamberlin

    Results from a recent International Association of Defense Counsel survey reveal a significant disconnect between inside and outside lawyers when it comes to perceptions of their own effectiveness versus the perceptions of their counterparts on the other side of the fence, say Andrew Chamberlin, a partner at Ellis & Winters LLP, and Orlyn Lockard, associate general counsel at Siemens Corp.

  • When Your Client Is The President

    William E. Casselman II

    My experience with the Nixon pardon, the Nixon tapes, the construction of the White House swimming pool, and other matters well out of the ordinary for a president’s lawyer taught me that in the practice of law one should learn to expect and cope with the unexpected, says William Casselman, who served as White House counsel for President Gerald Ford.

  • So You Want To Be A Partner? You Need A Mentor

    Rebecca Glatzer

    Not all aspects of the partnership process are within an attorney’s power. However, there are some factors that an associate can control on the path to partnership, the most important of which are the relationships cultivated along the way, says Rebecca Glatzer of Major Lindsey & Africa.

  • When Your Client Is The President

    John W. Dean

    I went to the law books, where I discovered the crime of “obstruction of justice,” and realized I was right in the middle of a criminal conspiracy. I didn't fully understand my conduct during Watergate until — decades later — I learned about the psychology of cover-up at work, says John Dean, who served as White House counsel for President Richard Nixon.

  • Trial Pros’ Secret To Courtroom Success

     Jamin S. Soderstrom

    Somewhat surprisingly, very few of the dozens of "trial pros" who have been interviewed by Law360 have revealed the secret to effective trial preparation that is vital to their success. But ultimately, the “secret” to effective trial preparation is not actually a secret, says Jamin Soderstrom of Soderstrom Law PC.

  • Talking 'Bull': Episode 4, Callisto

    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 about a fictional NYC jury consultant/psychologist. Spoiler alert ...