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Business of Law
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June 11, 2024
SEC Asks For $1.1M Insider Trading Penalty For Ex-Apple Atty
The U.S. Securities and Exchange Commission is again urging a New Jersey federal court to levy a roughly $1.1 million civil penalty on a former Apple Inc. senior attorney who already pled guilty and was sentenced for criminal charges related to a lucrative insider trading scheme.
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June 11, 2024
Uniswap Taps Coinbase Atty To Be CLO As SEC Fight Looms
The firm behind decentralized marketplace Uniswap has brought on a senior Coinbase attorney and seasoned litigator to helm its legal operations as it stares down a potential enforcement action from the U.S. Securities and Exchange Commission.
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June 11, 2024
10 Firms Seek $13M Fee For Effexor Antitrust Deal
Ten law firms asked a New Jersey federal judge on Monday to award $13 million in counsel fees and an additional $2.1 million in costs for representing direct buyers in a $39 million settlement with Pfizer Inc. unit Wyeth over an alleged scheme to delay generic competition for the antidepressant drug Effexor XR.
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June 11, 2024
Ga. Justices OK Remote Work For Attys Not Licensed In State
The Georgia Supreme Court unanimously put its stamp of approval Tuesday on an opinion stating that attorneys who reside in the Peach State but are not licensed there may provide legal services by remote means under certain circumstances.
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June 11, 2024
5th Circ. Won't Adopt Rule On AI-Drafted Docs
The Fifth Circuit has decided this week not to adopt a proposed rule requiring attorneys to verify that documents were not written using generative artificial intelligence, or if they were, that they were checked for accuracy by humans.
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June 11, 2024
The 2024 Summer Associates Survey
Summer associateships are more coveted than ever, with candidates landing comparatively fewer on-campus interviews amid a tightening legal market. Find out what's in store for this year's summers, as well as which firms topped their wish lists, in the latest survey from Law360 Pulse.
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June 11, 2024
Wilson Elser Attys Officially Exit Airline Suit After Filing Gaffe
A Texas state judge has approved American Airlines' request for the departure of its Wilson Elser Moskowitz Edelman & Dicker LLP legal team who blamed a young child for a then-flight attendant's alleged covert bathroom recording, a week after the same lawyers were replaced from a similar suit in North Carolina federal court.
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June 11, 2024
NY's Trump Prosecutors To Testify Before House July 12
Manhattan District Attorney Alvin Bragg and top prosecutor Michael Colangelo will appear before a House hearing on July 12, following a request from Rep. Jim Jordan, R-Ohio, chair of the House Judiciary Committee, amid persistent criticism of former President Donald Trump's conviction on 34 felony counts.
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June 11, 2024
DC Firms Honored For Local Legal Services Donations
The D.C. Access to Justice Commission is recognizing 39 law firms for their financial contributions to legal aid providers in Washington, saying the private bar's support is crucial to meeting the community's needs.
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June 11, 2024
Hunter Biden Found Guilty Of Federal Gun Charges
President Joe Biden's son Hunter Biden was found guilty of three felony gun charges by a federal jury in Wilmington, Delaware, on Tuesday.
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June 10, 2024
Trump Can't Nix 9 Classified Doc Charges, But Wins Trim
The Florida federal judge overseeing the classified documents case against Donald Trump on Monday refused to throw out nine counts challenged by the former president, yet she did agree to strike from the indictment allegations that Trump at one point shared a classified map at a golf course.
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June 10, 2024
NYC Probation Officer Interviews Trump Ahead Of Sentence
A New York City probation officer questioned Donald Trump in a remote video interview on Monday, a month before the former president is slated to be sentenced in the wake of his felony conviction in the Manhattan district attorney's hush money case.
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June 10, 2024
How Remote Work Is Reshaping The Conn. Legal Landscape
The increasingly flexible work-from-home policies of city law firms are making it harder for shops in the suburbs to recruit BigLaw talent, a legal business consultant told Connecticut lawyers Monday.
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June 10, 2024
Ghosting Ethics Watchdog Was No. 1 Gaffe In Conn. Last Year
The most commonly violated attorney conduct rule in Connecticut in 2023 and so far in 2024 is one that requires cooperation with professional discipline investigations, attendees of the Connecticut Legal Conference heard Monday.
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June 10, 2024
Student Debt Elimination Service Was A 'Lie,' Fla. Jurors Told
A service offered by a Boca Raton, Florida, law firm to eliminate private student loan debt in exchange for a flat fee turned out to be a lie and left clients defrauded out of tens of thousands of dollars, a Florida federal jury was told Monday.
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June 10, 2024
Prosecutors Tell Jury To Ignore Hunter Biden's 'Stories'
Jury deliberations in Hunter Biden's trial on felony gun charges will continue Tuesday at a federal courthouse in Wilmington, Delaware, after a five-day trial ended Monday afternoon with Biden's attorney imploring jurors to avoid "conjecture and suspicion" and prosecutors urging them not to fall for "fictional stories."
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June 10, 2024
Rutgers GC, Former NJ AG Tapped For State Supreme Court
John Jay Hoffman, general counsel at Rutgers University since 2016 and acting New Jersey attorney general under former Gov. Chris Christie, is Gov. Phil Murphy's latest pick for the state Supreme Court, the governor announced Monday.
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June 10, 2024
YSL Atty Jailed For Contempt Ruling Over 'Sacrosanct' Convo
The defense counsel for Atlanta rapper Young Thug was ordered to spend the next 10 weekends in jail after being held in contempt Monday afternoon for refusing to divulge how the attorney learned of a purported conversation behind closed doors between prosecutors, a witness and the judge presiding over the case.
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June 10, 2024
Victims Of Chiquita-Funded Paramilitaries Win $38M Award
The first bellwether trial in multidistrict litigation against Chiquita over its funding of right-wing paramilitaries in Colombia's banana-producing region ended with a victory Monday afternoon for nearly all the plaintiffs, as a Florida federal jury awarded them $38.3 million in damages for the losses of their loved ones killed by paramilitaries.
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June 11, 2024
UPDATED: Fed. Court Says Eastman Disbarment Order Filed In Error
A California federal court has nixed an order disbarring former Donald Trump lawyer John C. Eastman from the venue, saying in a notice on Tuesday that the document was filed by mistake.
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June 10, 2024
Live Urgent Care In-House Atty Axed For Pregnancy, Suit Says
A former in-house attorney and compliance officer for Live Urgent Care LLC alleged in New Jersey state court on Friday that she was fired in retaliation for asking to take maternity leave and demanding a bonus she claims was never paid.
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June 10, 2024
NY State May Allow People With Past Felonies To Sit On Juries
A New York state bill to remove a prohibition on people convicted of felonies sitting on juries following their release from prison has advanced to the governor's office, moving forward legislation that its authors say is designed to increase the racial diversity of jury pools and help former prison inmates reintegrate into society.
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June 10, 2024
Order Trims Cuomo Suit Over Harassment Probe Documents
A New York state judge has partially dismissed a petition brought by former Gov. Andrew Cuomo seeking dozens of unredacted transcripts of witness interviews as part of the state attorney general's sexual harassment investigation that led to his 2021 resignation.
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June 10, 2024
New 'Access DOJ' Aims To Nix Barriers, Boost Accessibility
The U.S. Department of Justice has announced the launch of an initiative to improve access to its programs and services, including an upcoming project to make it easier to report tips about crime or other violations of law.
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June 10, 2024
Catching Up With Delaware's Chancery Court
Big players and big moves dominated much of the past week in Delaware's Court of Chancery, as Tesla in particular and big corporations in general showed their pique over rulings that went toward stockholders or against conventional expectations.
Law360 Names Attys Who Moved Up The Firm Ranks In Q1
A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. Law360 reveals the list of attorneys whose commitment to legal excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the fourth quarter of last year.
Strategic Hiring Was The New Normal For BigLaw In 2023
The 400 largest law firms by headcount in the U.S. grew more slowly in 2023 than in the previous two years, while Kirkland & Ellis LLP surpassed the 3,000-attorney threshold, according to the latest Law360 ranking.
The Law360 400: Tracking The Largest US Law Firms
The legal market expanded more tentatively in 2023 than in previous years amid a slowdown in demand for legal services, especially in transactions, an area that has been sluggish but is expected to quicken in the near future.
Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 55 Practice Group of the Year awards among them, steering some of the largest deals of 2023 and securing high-profile litigation wins, including at the U.S. Supreme Court.
Editor's Picks
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Law360 Names 2022's Top Attorneys Under 40
Law360 is pleased to announce the Rising Stars of 2022, our list of 176 attorneys under 40 whose legal accomplishments belie their age.
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Law360 Names Practice Groups Of The Year
Law360 congratulates the winners of its 2020 Practice Groups of the Year awards, which honor the law firms behind the litigation wins and major deals that resonated throughout the legal industry in the past year.
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The 2020 Law360 Glass Ceiling Report
The Law360 2020 Glass Ceiling Report shows that law firms continue to make only minimal progress in their efforts to dispel the barriers women face, especially as they move up the ranks.
Expert Analysis
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Lean Into The 'Great Restoration' To Retain Legal Talent
As the “great resignation,” in which employees voluntarily left their jobs in droves, has largely dissipated, legal employers should now work toward the idea of a “great restoration,” adopting strategies to effectively hire, onboard and retain top legal talent, says Molly McGrath at Hiring & Empowering Solutions.
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Series
Fishing Makes Me A Better Lawyer
Atop the list of ways fishing makes me a better lawyer is the relief it offers from the chronic stress of a demanding caseload, but it has also improved my listening skills and patience, and has served as an exceptional setting for building earnest relationships, says Steven DeGeorge at Robinson Bradshaw.
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A Healthier Legal Industry Starts With Emotional Intelligence
The legal profession has long been plagued by high rates of mental health issues, in part due to attorneys’ early training and broader societal stereotypes — but developing one’s emotional intelligence is one way to foster positive change, collectively and individually, says attorney Esperanza Franco.
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To Make Your Legal Writing Clear, Emulate A Master Chef
To deliver clear and effective written advocacy, lawyers should follow the model of a fine dining chef — seasoning a foundation of pure facts with punchy descriptors, spicing it up with analogies, refining the recipe and trimming the fat — thus catering to a sophisticated audience of decision-makers, says Reuben Guttman at Guttman Buschner.
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Circuit Judge Writes An Opinion, AI Helps: What Now?
Last week's Eleventh Circuit opinion in Snell v. United Specialty Insurance, notable for a concurrence outlining the use of artificial intelligence to evaluate a term's common meaning, is hopefully the first step toward developing a coherent basis for the judiciary's generative AI use, says David Zaslowsky at Baker McKenzie.
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Perspectives
Trauma-Informed Legal Approaches For Pro Bono Attorneys
As National Trauma Awareness Month ends, pro bono attorneys should nevertheless continue to acknowledge the mental and physical effects of trauma, allowing them to better represent clients, and protect themselves from compassion fatigue and burnout, say Katherine Cronin at Stinson and Katharine Manning at Blackbird.
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Opinion
NY Should Pass Litigation Funding Bill To Protect Plaintiffs
New York state should embrace the regulatory framework proposed in the Consumer Litigation Funding Act, which would suppress the unregulated predatory lenders that currently prey on vulnerable litigants but preserve a funding option that helps personal injury plaintiffs stand up to deep-pocketed corporate defendants, says Alan Ripka at Alan Ripka & Associates.
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Series
Playing Music Makes Me A Better Lawyer
My deep and passionate involvement in playing, writing and producing music equipped me with skills — like creativity, improvisation and problem-solving — that contribute to the success of my legal career, says attorney Kenneth Greene.
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How Attys Can Avoid Pitfalls When Withdrawing From A Case
The Trump campaign's recent scuffle over its bid to replace its counsel in a pregnancy retaliation suit offers a chance to remind attorneys that many troubles inherent in withdrawing from a case can be mitigated or entirely avoided by communicating with clients openly and frequently, says Christopher Konneker at Orsinger Nelson.
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Using A Children's Book Approach In Firm Marketing Content
From “The Giving Tree” to “Where the Wild Things Are,” most children’s books are easy to remember because they use simple words and numbers to tell stories with a human impact — a formula law firms should emulate in their marketing content to stay front of mind for potential clients, says Seema Desai Maglio at The Found Word.
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Series
Being An EMT Makes Me A Better Lawyer
While some of my experiences as an emergency medical technician have been unusually painful and searing, the skills I’ve learned — such as triage, empathy and preparedness — are just as useful in my work as a restructuring lawyer, says Marshall Huebner at Davis Polk.
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Exploring An Alternative Model Of Litigation Finance
A new model of litigation finance, most aptly described as insurance-backed litigation funding, differs from traditional funding in two key ways, and the process of securing it involves three primary steps, say Bob Koneck, Christopher Le Neve Foster and Richard Butters at Atlantic Global Risk LLC.
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Series
Teaching Yoga Makes Me A Better Lawyer
Being a yoga instructor has helped me develop my confidence and authenticity, as well as stress management and people skills — all of which have crossed over into my career as an attorney, says Laura Gongaware at Clyde & Co.
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A Vision For Economic Clerkships In The Legal System
As courts handle increasingly complex damages analyses involving vast amounts of data, an economic clerkship program — integrating early-career economists into the judicial system — could improve legal outcomes and provide essential training to clerks, say Mona Birjandi at Data for Decisions and Matt Farber at Secretariat.
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E-Discovery Quarterly: Recent Rulings On Text Message Data
Electronically stored information on cellphones, and in particular text messages, can present unique litigation challenges, and recent court decisions demonstrate that counsel must carefully balance what data should be preserved, collected, reviewed and produced, say attorneys at Sidley.