Lathrop Gage lost more than 15 percent of its attorneys in 2017. Can a new managing partner help bolster its headcount?
De-equitized partners. Contracting offices. Declining headcount. The leaders of Stroock & Stroock & Lavan say it’s all part of the plan — a plan that’s already paying dividends.
When pursuing financial fraud cases, the goal is simple –– put together the most straightforward case against the richest person involved –– and Monday at a gathering of international finance service providers on Miami Beach, experts revealed some tips and tricks of the trade for achieving it.
Los Angeles-based law firm Sheppard Mullin Richter & Hampton LLP announced Monday that it has entered the Texas market by opening a Dallas office that will be staffed with 10 partners, bringing the total number of firm offices worldwide to 16.
A Florida federal judge on Monday quashed dozens of subpoenas issued by Venezuela’s state-owned oil company against defendants accused of operating a bribery scheme, and also said she would allow limited discovery on the issue of whether the company has standing to pursue its claims.
The Trump administration has put a temporary hold on issuing any new sanctions on Russia, the White House said Monday, contradicting claims by Nikki Haley, U.S. ambassador to the United Nations, that Russian companies supporting the Syrian government’s chemical weapons program would be targeted.
The U.S. Department of Commerce has settled on tariffs of nearly 13 percent for a Mexican producer of steel wire rod after concluding its exports were dumped in the U.S. at less-than-fair value, according to a notice set to be published in the Federal Register on Tuesday.
The European Union on Monday cast doubt on the Trump administration's national security rationale for its tariff on imported steel and demanded compensation at the World Trade Organization, even though Brussels is one of a handful of U.S. allies given a reprieve from the levy.
The Trump administration on Monday issued an order effectively barring U.S. companies from shipping components to ZTE Corp. after discovering that the Chinese telecom giant lied to the government in the probationary period that followed its $892 million settlement for sanctions violations last year.
The annual Law360 400 ranks the largest U.S.-based law firms and vereins with a U.S. component by domestic attorney headcount.
These firms saw double-digit growth in 2017 — one hire at a time. Here, their leaders tell Law360 of their varied approaches to attracting top talent.
The biggest of BigLaw are widening the gap between themselves and their rivals, as firms of all sizes grapple with fluctuating demand and seek out their place in the legal landscape.
Paice said Thursday it has reached an agreement for Ford. to license its patents on hybrid vehicle technology, ending a bruising legal battle that spanned across federal courts and the U.S. International Trade Commission.
The U.S. Department of Commerce erred by failing to assign a separate anti-dumping duty rate status to a Chinese tire company after the business changed its name, lumping it in with firms considered under the control of the Chinese government, according to a complaint filed Thursday in the U.S. Court of International Trade.
In another U.S. Supreme Court first, the government of China will participate in oral arguments as an amicus trying to uphold a Second Circuit decision that nixed a $147.8 million price-fixing judgment against Chinese vitamin C exporters, the high court said Friday.
President Donald Trump has directed his top advisers to consider rejoining the Trans-Pacific Partnership, a deal he previously called a “continuing rape” of the U.S. economy as he abandoned it last year, but the move is fraught with legal, procedural and political hurdles that may prevent him from reversing course.
In this monthly series, legal recruiting experts at Major Lindsey & Africa interview law firm management about navigating an increasingly competitive business environment. Here we feature Gillian Ward, chief marketing officer at Baker Botts LLP.
A pair of senators on Friday called on U.S. Trade Representative Robert Lighthizer to ensure that U.S. trade agreements, and particularly the North American Free Trade Agreement currently being renegotiated, include strong copyright provisions that protect American innovation.
The World Trade Organization has dismissed many of Japan’s claims in its dispute with South Korea over that country's tariffs on Japanese pneumatic transmission valves used in cars and certain electronics, according to a panel report circulated on Thursday.
The European Court of Justice should kick Infineon Technologies’ €83 million fine for participating in a technology cartel that included Samsung and Philips back to a lower court to consider the full extent of Infineon's role in the anti-competitive scheme, an advocate general recommended Thursday.
President Donald Trump has begun the process of renegotiating the North American Free Trade Agreement, fulfilling one of his bedrock campaign promises. As the administration prepares to reopen the agreement for the first time in 23 years, catch up on all of Law360’s latest coverage of NAFTA and what lies ahead for the U.S., Mexico and Canada.
The impact of millennials has already been felt within the legal community by our eagerness to embrace new technologies. One way that we will have potentially even more impact lies in our willingness to embrace new ways of developing business and financing law, says Michael Perich of Burford Capital LLC.
The FBI raid of the office of President Donald Trump’s personal lawyer set off a firestorm of controversy about the sanctity of the attorney-client privilege, epitomized by Trump's tweet that the "privilege is dead." But attorney-client privilege is never taken lightly — I have battle scars from the times I have sought crime-fraud exceptions, says Genie Harrison of the Genie Harrison Law Firm.
In this series, experts discuss the unique aspects of closing a law firm, and some common symptoms of dysfunctionality in a firm that can be repaired before it's too late.
I am often asked, “When there are one or more partner departures, what can a firm do to prevent this from escalating to a catastrophic level?” The short answer is “nothing.” Law firms need to adopt culture-strengthening lifestyles to prevent defections from occurring in the first place, says Larry Richard of LawyerBrain LLC.
Last week, the U.S. Treasury Department's Office of Foreign Assets Control added several Russian oligarchs, political officials and businesses under their control to its Specially Designated Nationals and Blocked Persons List. These sanctions will likely impose serious compliance challenges for both U.S. and non-U.S. persons doing business with Russia, say attorneys with Husch Blackwell LLP.
As Congress returns to Washington for a three-week work period, President Donald Trump continues announcing new policy and personnel decisions. But with midterms looming, Congress is unlikely to make progress on legislation requiring compromise and bipartisanship, say Layth Elhassani and Kaitlyn McClure of Covington & Burling LLP.
Given the competing public policies of protecting clients’ right to counsel of their choice, lawyer mobility, and the fiduciary duty partners owe to a dissolved firm, it behooves law firms to carefully review their partnership agreements to make sure they adequately spell out what happens in the unfortunate event that the law firm chooses to wind down, say Leslie Corwin and Rachel Sims of Blank Rome LLP.
There has been, of late, significant dispute as to the application of the unfinished business doctrine, particularly with respect to hourly rate matters of now-dissolved large law firms. And the California Supreme Court’s recent decision in Heller Ehrman, like others as to similar points, is highly questionable, says Thomas Rutledge of Stoll Keenon Ogden PLLC.
Following U.S. withdrawal, the Trans-Pacific Partnership suspended 22 provisions, the majority of which relate to the negotiated intellectual property rights. Many of these provisions would have benefited pharmaceutical and biotechnology companies, say Jeremiah Frueauf and Matthew Smith of Sterne Kessler Goldstein & Fox PLLC.
France's corporate compliance guidelines are “inspired by the best international standards” and are generally similar to those outlined by authorities in the U.S. and U.K. But the 15,000-word French guidelines provide far more precise recommendations for certain compliance program elements, say Philippe Bouchez El Ghozi and Morgan Heavener of Paul Hastings LLP.