Legal Industry

  • November 26, 2014

    UK's Eversheds Looking For US Merger Partner

    British multinational Eversheds LLP has reportedly kicked off its search for a U.S. merger partner, with the firm’s leader saying it hopes to make the deal sometime in 2016.

  • November 26, 2014

    Davis Polk, Fried Frank Follow Big-Bonus Trend

    Davis Polk & Wardwell LLP and Fried Frank LLP stepped up to the BigLaw associate bonus plate this week, with both firms announcing in Tuesday memos year-end payouts that match, and in Davis Polk’s case even surpass, the hefty amounts recently handed out by Simpson Thacher & Bartlett LLP and Cravath Swaine & Moore LLP.

  • November 26, 2014

    Justice Ginsburg Likely To Stay Put Despite Health Scare

    U.S. Supreme Court watchers say Justice Ruth Bader Ginsburg's Wednesday medical procedure is unlikely to sway the notoriously tough justice's determination to remain on the bench, and liberals now may encourage her to stay as they face the realities of a Republican-led Senate.

  • November 26, 2014

    Ex-Dewey Atty Facing $13M Clawback Suit Files For Ch. 7

    Former Dewey & LeBoeuf LLP partner Joseph Altorelli on Tuesday filed for personal Chapter 7 bankruptcy protection, as the attorney continues to fight a $13 million adversary complaint brought by the defunct firm’s trustee.

  • November 26, 2014

    Dewey Trustee Sues Morgan Stanley, 8 Others For Unpaid Fees

    The secured lender trustee for Dewey & LeBoeuf LLP on Tuesday launched a flurry of lawsuits against former clients of the defunct firm, including Morgan Stanley, Sallie Mae and GSO Capital Partners LP, saying the companies still owe fees for legal work.

  • November 26, 2014

    Minority Powerbrokers Q&A: Locke Lord's Ernesto Palomo

    For many lawyers of color in a law firm setting, it is not always easy to stay busy once you make the move from associate to partner, unless your practice “lies in the wake” of a rainmaker, says Ernesto Palomo, a partner in Locke Lord LLP's business litigation and arbitration group.

  • November 26, 2014

    Minority Powerbrokers Q&A: Bradley Arant's Hope Cannon

    Being of Asian descent, many people who meet me are surprised to find out that I am a litigator rather than a transactional lawyer. They also automatically assume that because I am an Asian female, I cannot be aggressive, says Hope Thai Cannon, a partner with Bradley Arant Boult Cummings LLP and chairwoman of the Defense Research Institute’s financial institutions and creditors rights specialized litigation group.

  • November 26, 2014

    How To Survive Your First Year In BigLaw

    A lawyer’s first year at a top firm can be tough, from learning to balance a heavy workload to adjusting to the corporate atmosphere, but it's important for new associates to rise above the pressure and look for ways to survive — and even thrive — during that time. Here are five tips to help associates make it through their first year in BigLaw.

  • November 26, 2014

    Supreme Court Justice Ginsburg Undergoes Heart Surgery

    U.S. Supreme Court Justice Ruth Bader Ginsburg underwent heart surgery Wednesday morning after experiencing discomfort while exercising, according to the court's administration.

  • November 25, 2014

    Law360 Reveals 10 Largest Bankruptcy Practice Groups

    International megafirms dominated the first annual Bankruptcy Law360 100, our ranking of firms with the most financial restructuring partners, as rising demand for cross-border insolvency work in Europe and the Far East continues rewarding those with global footprints.

  • November 25, 2014

    Law360 Reveals 10 Largest M&A Practice Groups

    Lucrative deal-making practice groups have long been the cornerstone of full-service law firms, but the ones pouncing on increasingly global market prospects have risen to the top of the M&A Law360 100, our ranking of the top 100 law firms with the most M&A partners worldwide.

  • November 25, 2014

    Law360 Reveals 10 Largest Product Liability Practice Groups

    The top 10 law firms in the Product Liability Law360 100, our ranking of the 100 firms with the most product liability partners globally, include large white-shoe outfits as well as their smaller products-focused counterparts, but they have one thing in common: Their attorneys are ready to try cases almost anywhere in the U.S.

  • November 25, 2014

    Law360 Reveals 10 Largest Competition Practice Groups

    The number of significant mergers and antitrust enforcement actions taking place globally continues to rise, pushing full-service firms with partners strategically placed around the world to spots in the top 10 of the Competition Law360 100, our ranking of the 100 firms with the largest competition practices.

  • November 25, 2014

    Cravath, Proskauer Fall In Line With Simpson Bonuses

    Cravath Swaine & Moore LLP found itself in the unusual position of matching another elite firm's associate bonuses on Monday and bumped up year-end payouts to equal those at rival Simpson Thacher & Bartlett LLP, as Proskauer Rose LLP, Weil Gotshal LLP and two other firms followed suit.

  • November 25, 2014

    Law360 Reveals 10 Largest Environmental Practice Groups

    Full-service firms with global reach dominate the top 10 spots of the Environmental Law360 100, our ranking of the 100 firms with the most environmental partners globally, with two well-known boutiques snagging a place alongside the legal giants.

  • November 25, 2014

    Firms Take On More Associates As Revenue Grows

    Law firms are hiring more associates as they take on more work largely because of managing partners’ increasing optimism in revenue and demand growth in the industry, according to a survey released Tuesday by Citi Private Bank Law Firm Group.

  • November 25, 2014

    Covington's High Court Team Captain: Robert A. Long

    Covington & Burling LLP’s Robert A. Long talks to Law360 about the underappreciated power of understated advocacy, the deeper meaning of his collection of high court souvenirs, and how a cold call from the Supreme Court put him front and center in one of the most contentious legal battles of the decade.

  • November 25, 2014

    4 Ways To Nail Your Lateral Interview

    You've been selected to interview with a new firm and the big day is on the horizon, but no matter how many years of experience you have, interviewing can still be stressful. However, with proper preparation, it is possible to rise above the pressure and prove you have what it takes to push your potential new firm to another level.

  • November 25, 2014

    Minority Powerbrokers Q&A: Ballard Spahr's Tobey Daluz

    The most important barrier to overcome is inclusion among the top earners within a law firm, which is where much of the power within a law firm resides, says Tobey Daluz, a partner with Ballard Spahr LLP and founding chairwoman of the Delaware network of the International Women's Insolvency and Restructuring Confederation.

  • November 25, 2014

    Minority Powerbrokers Q&A: Ogletree's David Powell

    Wallflowers get left behind. Make a concerted effort to raise your profile within and outside of the firm, says David Powell, a shareholder with Ogletree Deakins Nash Smoak & Stewart PC and member of the firm’s board of directors.