Business of Law

  • January 20, 2017

    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.

  • January 20, 2017

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    The IRS takes final aim at corporate inversions, Dentons apologizes for a client mishap and the U.S. Department of Labor defends its fiduciary rule's right to disincentivize class waivers. Those stories top the corporate legal news you may have missed last week.

  • January 20, 2017

    Foley & Lardner Partner Found Dead In Chicago Fire

    A Foley & Lardner LLP real estate attorney and one-time DLA Piper partner was found dead in a Chicago parking garage fire of unknown causes last week, according to the local media and the medical examiner’s office.

  • January 20, 2017

    Goodwin Procter Latest To Announce Cravath-Scale Bonuses

    Goodwin Procter LLP on Thursday announced to its patient associates that they will be receiving bonuses for their work in 2016 along the same lines as those announced about two months ago by Cravath Swaine & Moore LLP, although on a more individualized basis.

  • January 20, 2017

    Call For Participants: Law360's 2017 Editorial Advisory Boards

    Law360 is looking for avid readers of its publications to serve as members on its 2017 editorial advisory boards.

  • January 20, 2017

    Cozen's Golfer Deal Tests Waters For Firm Sports Sponsorship

    In an uncharacteristic move for a major law firm, Cozen O’Connor signed a PGA Tour golfer to a firm sponsorship deal, paving the way for what could be a new avenue for advertising as law firms look to differentiate themselves from the pack.

  • January 20, 2017

    Jones Day Attys Nab Key Legal Jobs In Trump Administration

    Around a dozen lawyers at Jones Day, the Trump campaign’s outside counsel, will assume top legal jobs in the business mogul’s incoming administration, the firm said on Friday, announcing a wave of appointments for plum positions in the White House, the U.S. Department of Justice, the Solicitor General’s office and elsewhere.

  • January 20, 2017

    BigLaw Firms Embrace New Model For Serving Clients

    As BigLaw firms strive to adapt to an increasingly competitive market for legal services, the very makeup of their teams of lawyers has begun to shift. Here, leaders at Sheppard Mullin Richter & Hampton LLP, Paul Hastings LLP and McDermott Will & Emery LLP talk about a novel way they’re shaking up how they serve clients.

  • January 19, 2017

    Dentons Apologizes to Client CNN For Story Retraction Ask

    Dentons US LLP sent a letter of apology Thursday to CNN for requesting a story retraction on behalf of the Trump administration’s proposed health secretary, noting that the law firm also represents the media network.

  • January 19, 2017

    The Lawyer Who Will Shape Trump’s Presidency

    Jones Day’s Donald McGahn is stepping into the role of White House counsel, a powerful but little-understood position that has a strong history of impacting the president’s authority.

  • January 19, 2017

    In The Polarized Era Of Trump, BigLaw Searches For Balance

    The alignment of law firms with or against the new administration in legal battles to come could open rifts among attorneys and clients. But the publicity earned for taking on a potentially unpopular case could ultimately be worth any public fallout.

  • January 19, 2017

    Rolling Back Regulation In The Age Of Trump

    The incoming president’s plans to rein in the power of federal agencies will lead to uncertainty for lawyers and their clients as pending investigations and rulemaking are stopped in their tracks.

  • January 19, 2017

    Most Influential Judges On Trump’s Supreme Court Short List

    A new look at the potential U.S. Supreme Court nominees’ rulings reveals a ranking of judicial influence with some surprises at the top — and at the bottom.

  • January 19, 2017

    IP Firm Niro Law To Dissolve After Founder's Death

    Niro Law Ltd., the Chicago-based IP boutique founded by noted patent litigator Raymond Niro, is in the process of dissolving, while a small group of partners prepare to launch a new firm and break away from the model of representing nonpracticing entities that became synonymous with Niro Law.

  • January 19, 2017

    Law360's Weekly Verdict: Legal Lions & Lambs

    Cleary Gottlieb Steen & Hamilton LLP has snagged the title of this week’s top legal lion for its work advising eye glass maker Essilor on a newly inked $49 billion merger with the owner of Ray-Ban while King & Wood Mallesons LLP found its way onto the legal lambs list after the law firm’s financial woes forced it to file for administration.

  • January 19, 2017

    'Antiquated' NY Law Harms Legal Profession, ACC Says

    An “antiquated” and “protectionist” New York law that requires attorneys practicing in-state to maintain offices there prevents clients from hiring the attorneys of their choice and conflicts with the global, interstate nature of law practice today, according to an Association of Corporate Counsel brief submitted Wednesday to the U.S. Supreme Court.

  • January 19, 2017

    DLA’s 2005 Benefits Plan 'Galactically Stupid,' Judge Says

    A California federal judge drilled DLA Piper on its 2005 employee benefits plan that’s at the center of a former associate’s disability lawsuit, saying during a hearing Thursday on DLA’s motion to end the suit that the fact the plan didn't account for associate attorneys was "galactically stupid."

  • January 19, 2017

    Jones Day Atty Leaves Firm For Possible Gig At SG's Office

    A Jones Day partner revealed somewhat furtively on Wednesday that he is leaving the firm, setting off rumors that the conservative legal star will be named to a top position in the U.S. Solicitor General’s office by the incoming Trump administration.

  • January 18, 2017

    Flat Law Firm Growth Is Attorneys’ Fault, CMOs Say

    Law firm chief marketing officers point the finger at attorneys for impeding growth, according to a survey — but that blame may be misplaced.

  • January 18, 2017

    Legal Tech Download: New Startup Lab And Robot Ethics

    The world of legal technology is quickly evolving as new products aimed at aiding lawyers are created and launched in rapid succession. Here, Law360 takes a look at seven of the biggest legal tech-related news developments in the new year.

Expert Analysis

  • How Litigation Funding Is Bringing Champerty Back To Life

    John H. Beisner

    While some courts have declined to apply the common-law doctrine of champerty to invalidate third-party litigation funding agreements, two recent rulings by appellate courts in New York and Pennsylvania have brought renewed attention to champerty principles, casting doubts on the legality of certain forms of third-party litigation funding, say John Beisner and Jordan Schwartz of Skadden Arps Slate Meagher & Flom LLP.

  • Attracting And Retaining The Millennial Lawyer

    Christopher Imperiale

    Instead of trying to change the new workforce to follow a law firm's existing processes and procedures, perhaps it's time for firms to start changing their processes and procedures to better accommodate the mentality of this next generation of lawyers, says Christopher Imperiale, a law firm adviser with Berdon LLP.

  • Talking 'Bull': Episode 11, Teacher’s Pet

    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 airing on CBS about a fictional NYC jury consultant/psychologist. Spoiler alert ...

  • It’s Time To Change The Law Firm Business Model

    Lucia Chiocchio

    Every year, statistics reveal very little change in the number of women and minorities in the ranks of partnership. So how do law firms change this painfully slow rate of progress? It takes more than adding a diversity policy or a women’s leadership program to the current law firm business model, says Lucia Chiocchio, co-chair of Cuddy & Feder LLP's telecommunications and land use, zoning & development groups.

  • Amended Rule 37(e): 1 Year Later

    Samantha Southall

    After a full year in effect, the amended Federal Rule of Civil Procedure 37(e) has been tested in a variety of district courts. A sampling of these decisions reveals that courts seem to be adhering closely to the amended rule and ordering adverse inference instructions only where there was intent to deprive another party of access to relevant information, say Carrie Amezcua and Samantha Southall of Buchanan Ingersoll & Rooney PC.

  • Avoiding The Hidden Costs Of Bargain-Priced E-Discovery

    Michael Cousino

    Many organizations are interested in finding electronic discovery partners who offer tantalizingly low prices for electronic discovery services. However, unforeseen gaps, lax security practices, ignorance of global practices and delayed deliverables can all add up to a surprisingly large final cost, says Michael Cousino of Epiq Systems.

  • My Strangest Day In Court: When The Witness Died

    Tom Melsheimer

    Just before walking into court to begin jury selection, I learned from the case agent that a key witness had been found dead over the weekend. During the trial, it was not easy to keep the murdered witness out of my mind, especially with the defendant icily staring at me every time I got up to speak, recalls Tom Melsheimer of Fish & Richardson PC.

  • Saving Lawyers 1 Breath At A Time: Mindfulness In The Law

    Jennifer Gibbs

    As critical as lawyers are to society, they are reported to be the most frequently depressed occupational group in the United States. In response to the inherently stressful nature of the practice of law, more and more lawyers are turning to an ancient contemplative practice called “mindfulness,” says Jennifer Gibbs of Zelle LLP.

  • Understanding How Blockchain Could Impact Legal Industry

    R. Douglas Vaughn

    Blockchain is essentially a computerized public ledger that can apply to almost anything that a person might save into a database or spreadsheet. This versatile technology may enhance the legal industry by providing an improved record keeping system, setting up "smart contracts" and tracking intellectual property and land records, say R. Douglas Vaughn and Anna Outzen of Deutsch Kerrigan LLP.

  • Law360 Seeks Questions From Law Firm Associates

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    Is there something you have always wanted to know from a law firm partner's perspective — but were afraid to ask? A new Law360 column may have the answer.