A federal judge's recent decision that AT&T can complete its $85 billion purchase of Time Warner and Disney's raised bid for parts of 21st Century Fox might have in-house counsel wondering what they'd do if a merger happened at their companies. Here, Law360 looks at how GCs and other in-house attorneys can prepare.
One firm took the title of most prestigious law firm in the U.S. in the eyes of associates for the third year running, according to the results of a survey released Wednesday.
The recent race among law firms to raise salaries and bonuses for associates is likely to change the recruitment landscape for young lawyers and put further distance between an elite echelon of highly profitable firms that can attract the top talent and everyone else, but the upshot for clients is less clear.
The 2018 Law360 Diversity Snapshot shows only incremental progress on racial and ethnic diversity in the attorney workforce. At every level of a typical law firm, minority attorney representation increased by less than a percentage point from last year’s survey.
As part of our recent Satisfaction Survey, we asked our readers whether they'd faced harassment or discrimination based on race or sex, and many of the responses were jarring. Here's what they had to say.
It's the rare law firm that is consistently ahead of the pack on hiring and promoting women and minorities, according to Law360's annual headcount survey. Here are the firms leading the way in building a more diverse attorney workforce.
More than half of U.S.-based lawyers anticipate this practice will drive job growth at their firms or companies throughout the second half of 2018, according to a survey released by legal staffing and consulting solutions company Robert Half Legal on Thursday.
BigLaw firms Shearman & Sterling, Akin Gump, Orrick and Dechert are the latest to increase associate pay in the U.S. to match the scale set last week by Cravath, offering first-year attorneys a $190,000 base salary.
The Trump administration’s immigration policy and its effect on the courts were front and center Thursday at a subcommittee hearing of the House Judiciary Committee regarding the pressing need for new federal district and appellate judges.
Gibson Dunn & Crutcher LLP and Foley & Lardner LLP secured the title of top legal lions this week, winning a favorable decision at the U.S. Supreme Court for a Canadian railroad company in a $13.3 million dispute with the IRS, while legal lamb Brann & Isaacson did not fare so well at the same court in a separate tax fight over internet retailers' duty to collect state sales and use taxes.
Sen. Jeff Flake, R-Ariz., has become the first Republican to hold up one of President Donald Trump’s judicial picks, blocking the Eleventh Circuit nomination of Georgia Supreme Court Justice Britt Grant for a second time in the Senate Judiciary Committee on Thursday.
Former Dewey & LeBoeuf LLP chief financial officer Joel Sanders, convicted in New York state court last year on fraud and conspiracy charges, was disbarred Wednesday.
U.K. law firms Slaughter and May and Freshfields Bruckhaus Deringer LLP have released revised data to a parliamentary committee revealing that on average female partners and employees make 60 percent less than their male counterparts, a significantly larger pay gap than statistics they previously provided without including their partners.
A San Francisco federal judge held off on deciding whether to transfer a $300 million gender discrimination suit against Ogletree Deakins Nash Smoak & Stewart PC to Orange County, California, saying Wednesday he’d let the proposed class amend its complaint to add equity shareholders, some of whom live in Northern California.
The Renco Group has reached a preliminary agreement to settle a case against its former attorneys, who it claims are to blame for an “inconsistent” jury verdict that cost the company and its billionaire owner Ira Rennert $214 million in damages.
A decade and counting after the tanking global economy triggered a deluge of lawyer-targeted litigation, the costs for financial crisis-era malpractice suits continue to climb, according to insurer data released this week.
Munger Tolles & Olson LLP, Baker McKenzie, Schulte Roth & Zabel LLP and Brown Rudnick LLP have raised associate pay in the U.S. to match the new scale set by Cravath Swaine & Moore LLP last week, offering first-year associates a salary of $190,000, according to internal memos that have become public.
The Illinois board monitoring the conduct of the state’s judges has filed a formal complaint seeking the removal of a Cook County, Illinois, judge convicted in a $1.4 million mortgage fraud scheme, saying her failure to resign has harmed the state’s judicial system.
At times echoing a law school classroom, the Senate Judiciary Committee on Wednesday probed judicial nominees for the Fourth Circuit and a Florida district court about the limits of government power, asking about the ability to crack down on cocaine use and stop incest.
A Missouri federal judge recently struck down as unconstitutional the state prison system's "freeze-frame" policy of denying hormone treatment and other health care to certain transgender inmates, a first-of-its-kind ruling that Robins Kaplan LLP attorneys helped obtain despite prison officials' insistence that no such formal policy was in place.
A former Jones Day partner sued the firm in California court Tuesday for allegedly treating women as “second-class citizens,” providing preferential treatment to men and firing her for speaking out against its alleged “fraternity culture.”
Vinson & Elkins LLP and Kramer Levin Naftalis & Frankel LLP have both announced associate raises matching the new pay scale set by Cravath Swaine & Moore LLP last week, according to internal memos made public over the past days.
As more law firms each day announce their decisions to raise associate pay to match new industry benchmarks set earlier this month by Milbank Tweed Hadley McCloy LLP and Cravath Swaine & Moore LLP, a few law firms have made it clear they plan to opt out.
A former professor and an alumnus of the now-closed Charlotte School of Law slammed it and its parent company, Infilaw Corp., in a filing in Florida federal court Monday, deriding their attempts to escape a False Claims Act suit over how the for-profit institution was operated.
Female law firm leaders have scraped their way to the top. Now they want to pull up other women, too. And this may be their toughest challenge yet.
Women have made up over 40 percent of law school students for more than three decades, and they now make up more than half. But our annual survey of the largest U.S. law firms shows that women continue to be underrepresented at all levels.
As the #MeToo movement sweeps the nation, the legal industry is starting to respond: Law firms are reviewing sexual harassment policies, fostering more internal discussion, and, in some cases, getting rid of arbitration agreements that have gained a reputation for perpetuating the problem.
Legal industry compensation practices are once again in the news as BigLaw firms continue to match the new high watermark of $190,000 for first-year associate salaries. The typical model of increasing associate salaries uniformly fails star associates, the firms they work for and, ultimately, the clients they serve, says William Brewer, managing partner of Brewer Attorneys & Counselors.
While some may say it’s ironic, it’s also embarrassing and enraging that the very industry that offers anti-harassment training, policies and counsel now finds itself the subject of #MeToo headlines. The American Bar Association recommendation that will bring about the greatest change is the call to provide alternative methods for reporting violations, says Beth Schroeder, chair of Raines Feldman LLP's labor and employment group.
In a profession notoriously averse to change, it should come as no surprise that there is skepticism about the value of having attorneys perform nonbillable tasks. But U.S. law firms have slowly begun to incorporate knowledge lawyers into their operations — and the trend is likely to continue, says Vanessa Pinto Villa of Hogan Lovells.
For close observers of the Foreign Agents Registration Act, the June 8 release by the U.S. Department of Justice of over 50 FARA advisory opinions was a watershed. These opinions offer an unprecedented glimpse into how the FARA Registration Unit interprets the law, say Brian Fleming and Andrew Herman of Miller & Chevalier Chtd.
The legal industry has already begun to feel the impact of anti-bribery and anti-money laundering requirements. When involved with cryptocurrency trading and remittance, law firms face more than the risk of being perceived as organizations that support money laundering practices, says John Reed Stark of John Reed Stark Consulting LLC.
Law firms are increasingly accepting cryptocurrency as payment for services. While this might seem innovative and forward-thinking, ironically it is much more of a throwback, says John Reed Stark of John Reed Stark Consulting LLC.
I agree with the legal pundits speculating that NewLaw’s present and future disruptors will radically change the legal services industry, but that change may not come quite as rapidly as predicted. Regardless, now is the time for both the incumbents and the challengers to best position themselves for the eventual shakeup, says Craig Levinson, founder of Levity Partners.
Legal pundits continue to make predictions that newer entrants into the industry — NewLaw firms, the Big Four and alternative legal service providers — will progressively seize greater amounts of market share from traditional law firms. But the BigLaw response has been underwhelming at best, and a glimpse at the market forces puts its lack of urgency into perspective, says Craig Levinson, founder of Levity Partners.
Everything I saw through the glass walls of Dan Abrams’ office shouted new media. But after an hour with the ABC News chief legal affairs anchor, discussing his new book about Abraham Lincoln's career as a lawyer and a wealth of other topics, I came away realizing the secret of his success. And there’s nothing new about it at all, says Randy Maniloff of White and Williams LLP.
Despite the partiality some courts have shown to live video testimony, it provides no advantages — and several disadvantages — over the tried-and-true method of videotaped depositions, say attorneys with Skadden Arps Slate Meagher & Flom LLP.