Legal Industry

  • September 16, 2014

    The Principled Phenom: Judge Sharon Johnson Coleman

    Illinois Northern District Judge Sharon Johnson Coleman talks to Law360 about her rapid rise through the Chicago legal scene, her role as an educator on judicial ethics, and her philosophy that diversity of life experience is as important to a healthy bench as diversity of race and gender.

  • September 16, 2014

    Growing Ranks Of $1K-An-Hour Attys Buck Fee Clampdown

    Despite the corporate squeeze on BigLaw fees, a growing number of elite attorneys are able to command more than $1,000 an hour because corporate clients are willing pay four-figure rates to win bet-the-company cases, experts told Law360.

  • September 16, 2014

    Temp Atty's Collective OT Action Against Skadden Nixed

    A New York federal judge threw out a putative collective action Tuesday that accused Skadden Arps Slate Meagher & Flom LLP of violating the Fair Labor Standards Act by failing to pay overtime to temporary lawyers brought on to do menial document review work.

  • September 16, 2014

    6 Ways Firms Mess Up Alternative Fee Arrangements

    The use of nonhourly fee structures is on the rise as clients demand more predictability in their legal bills, but law firms are still grappling with how to offer alternative options that give clients greater certainty without deflating firm profits. Here, experts share six mistakes firms commonly make with their alternative billing arrangements.

  • September 16, 2014

    Wilson Sonsini Tech Worker Charged With Insider Trading

    An information technology employee at Wilson Sonsini Goodrich & Rosati was arrested early Tuesday and charged with trading on inside information about client mergers and acquisitions.

  • September 15, 2014

    Ex-Dewey Head Says DA Can't Show Conduct Was Criminal

    An attorney for former Dewey & LeBoeuf LLP Chairman Steven Davis on Monday told a New York judge that the basis for the criminal case against him is legally flawed, as claims of backdating payments from clients don’t support criminal charges.

  • September 15, 2014

    BigLaw Equity Partner Pay Nearing 7-Figure Mark

    The upward trajectory of BigLaw equity partner paychecks continues, according to a survey released Monday, with average compensation this year approaching the $1 million mark.

  • September 15, 2014

    Inside Akin Gump's New York Office

    If walking into Akin Gump Strauss Hauer & Feld LLP's office in the Bank of America Tower feels like walking onto a movie set, that's because it is. The firm's wide, sleek lobby with sweeping views of Manhattan served as the office of Jim Carrey's character in the 2011 film "Mr. Popper's Penguins" and is frequently in demand by television and movie producers.

  • September 15, 2014

    Patton Boggs Co-Founder Thomas Boggs Dies At Age 73

    Thomas Hale Boggs Jr., co-founder of Patton Boggs LLP — which recently merged with Squire Sanders LLP to become Squire Patton Boggs — and brother of journalist Cokie Roberts died suddenly at age 73 on Sunday night, Squire Patton Boggs said in a Monday statement.

  • September 15, 2014

    Ex-Thelen Partners Hit Back At Trustee's Clawback Claims

    A group of former Thelen LLP equity partners urged a New York bankruptcy court Friday to dismiss attempts by the defunct firm’s trustee to claw back money paid out before its dissolution, saying they had no contractual obligation to repay the firm.

  • September 15, 2014

    4 Signs Your Partner Days Are Numbered

    Your origination and billable hour numbers are down, administrative support for your practice area is drying up, and those calls to serve on firm committees have slowed to a trickle. Here are four signs that you could be facing the ax in your firm's next round of partner cuts.

  • September 12, 2014

    In Case You Missed It: Hottest Firms And Stories On Law360

    For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

  • September 12, 2014

    Dewey Trustee Hits Vodka Co. With $2.45M Clawback Suit

    The secured lender trustee for Dewey & LeBoeuf LLP hit former Dewey client Central European Distribution Corp. with a lawsuit in New York bankruptcy court on Friday, seeking almost $2.5 million in invoiced fees and expenses that the defendant has refused to pay.

  • September 12, 2014

    Don't Fear The Courtroom When Fighting Malpractice

    Defendant law firms are generally reluctant to let a malpractice case see the inside of a courtroom but there are some instances when they should insist on their day in court, an expert panel said Friday at a conference in San Francisco.

  • September 12, 2014

    BigLaw Must Up Pro Bono Role Or Face Oversight: ABA Chief

    The legal profession may face government intervention if it can't figure out ways to use technology and serve the increasing numbers of Americans being priced out of the legal system, the new president of the American Bar Association told Law360.

  • September 12, 2014

    BigLaw's Race Problem Starts At The Top

    Despite the recent turnover in the leadership ranks at many BigLaw firms, minorities still make up less than 5 percent of the leaders at the biggest U.S. firms. And experts say many firms have struggled to retain talented minorities who see more opportunities for leadership in the corporate world.

  • September 12, 2014

    Lawyers' Zealous Ads May Incite Regulatory Backlash

    Attorney advertising could begin facing stricter regulation by state legislatures to counter a rising tide of firms' increasingly aggressive and, some say, misleading campaigns to attract new clients, a panelist warned Friday at the World City Bar Leaders Conference in Philadelphia.

  • September 12, 2014

    Saying 'Sorry' Can Be The Best Defense Against Malpractice

    Owning up to a mistake can be emotionally difficult and brings with it discouraging legal consequences, but it's often a critical part of defending against a legal malpractice claim, experts said Friday at a conference in San Francisco.

  • September 12, 2014

    Bush Atty Who Tried To Kill Skadden Spouse Gets 15 Years

    A attorney who worked for both Bush administrations was sentenced Thursday to 15 years in prison for attempting to murder his ex-wife, who had worked as counsel in the energy regulation and litigation practice group at Skadden Arps Slate Meagher & Flom LLP.

  • September 12, 2014

    Reed Smith Atty Widow Settles Subpoena Row With GSK

    GlaxoSmithKline PLC and the wife of deceased Reed Smith LLP partner Stewart Dolin on Thursday resolved their fight over a contentious telephone records subpoena the drugmaker issued in the widow's case over Dolin's suicide allegedly linked to a generic version of GSK's antidepressant Paxil.