Business of Law

  • April 18, 2018

    EXCLUSIVE: Riley Safer Elects First Black Female MP

    Riley Safer Holmes & Cancila LLP has elected its first African-American female managing partner, potentially marking a racial barrier-breaking first for the industry, Law360 has learned exclusively.

  • April 18, 2018

    El Paso Appellate Backlog Prompts Case Transfers

    The Texas Supreme Court took a first-of-its-kind step last week, transferring more than 80 fully briefed cases away from the Eighth Court of Appeals in El Paso — some that have been pending for more than two years — as the court works to clear a backlog.

  • April 18, 2018

    Let Judge See Mediator’s Notes, Proskauer Atty Tells 2nd Circ.

    An attorney at Proskauer Rose LLP who anonymously accused the firm of gender discrimination told the Second Circuit on Wednesday a lower judge was wrong to reject her request for a mediator's notes that she believes prove her claim the firm threatened to fire her, saying the judge should determine if they're relevant.

  • April 18, 2018

    Client Push Gets More Firms Into The Labor Lobbying Game

    Many employers now demand the opportunity to shape laws and regulations as they’re being written rather than simply scrambling to comply after the fact, a desire that has led to an explosion of competition among large law firms to set up and grow labor and employment lobbying shops.

  • April 17, 2018

    Denton Partner Charged In Fatal Hit-And-Run In Canada

    A Dentons partner in Edmonton, Alberta, charged with impaired driving and being involved in a hit-and-run collision that killed a teenage pedestrian, has been suspended, the global law firm said Tuesday.

  • April 17, 2018

    Ex-Liddle Partner Hammers Firm In $32M Equal Pay Suit

    A former Liddle & Robinson LLP partner has sued the employment firm in New York state court alleging she was paid less than her male peers for equal work based on her gender, issuing a summons Monday that requested $32.3 million in damages.

  • April 17, 2018

    Ex-BigLaw Atty Blasts Murder Charges At Trial's Close

    Counsel for a former Fisher & Phillips LLP partner who fatally shot his wife told an Atlanta jury during closing arguments that prosecutors were trying to support murder charges with “speculation and red herrings,” while the prosecution fired back with a theatrical argument that the attorney consistently lied about the facts.

  • April 17, 2018

    Ex-Judge Calls On Men To Help Close Litigation Gender Gap

    Retired U.S. District Judge Shira Scheindlin told an audience at a Reed Smith LLP symposium on gender diversity in the courtroom on Tuesday that she hoped to see more senior male attorneys acting as allies to help younger, female lawyers more regularly take on prominent roles in litigation.

  • April 17, 2018

    Attys Must Admit Some Errors To Current Clients, ABA Says

    Lawyers have an ethical duty to tell current clients if they discover they have made a potentially significant mistake in the course of the representation, but the obligation does not extend to former clients, the American Bar Association said on Tuesday.

  • April 16, 2018

    Why BigLaw’s Partnerships Are Shrinking

    BigLaw’s brass ring has grown more elusive in recent years, Law360 data shows, and experts say a number of potentially market-changing forces may be at work.

  • April 16, 2018

    Dropping Ranks: Andrews Kurth’s Pre-Merger Dip

    Andrews Kurth Kenyon saw a more than 12 percent drop in headcount in the year before its February merger with Hunton & Williams — a story experts expect to become familiar for regional firms in Texas.

  • April 16, 2018

    Dropping Ranks: Lathrop’s Rough Patch

    Lathrop Gage lost more than 15 percent of its attorneys in 2017. Can a new managing partner help bolster its headcount?

  • April 16, 2018

    Dropping Ranks: Stroock’s ‘Shrink To Grow’ Strategy

    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.

  • April 16, 2018

    SEC Reaches Deal With Exec Convicted In Dewey Fraud

    Former Dewey & LeBoeuf LLP Chief Financial Officer Joel Sanders, who was convicted of fraud, reached an agreement with the U.S. Securities and Exchange Commission that bars him from serving as a public company official and allows for a future disgorgement order or fine, according to a Monday court filing.

  • April 16, 2018

    Cohen, Trump Can't Get Block Of Fed. Review Of Seized Docs

    A New York federal judge on Monday refused calls from President Donald Trump and his longtime personal attorney, Michael Cohen, for an order blocking federal prosecutors from looking through a trove of materials seized in raids on Cohen’s office and home.

  • April 16, 2018

    Gorsuch Taps 1st Ever Native American Supreme Court Clerk

    U.S. Supreme Court Justice Neil Gorsuch has chosen a member of the Chickasaw tribe in Oklahoma to clerk for him this coming year, marking the first time a Native American tribal member has served as a clerk on the nation's highest court, it was announced on Friday.

  • April 16, 2018

    Gingrich Leaving Dentons, 'In Discussions' With Other Firms

    Former Speaker of the House Newt Gingrich is on the hunt for a new law firm, announcing on Monday that he plans to leave Dentons after spending three years as a senior adviser in the global law firm's public policy and regulation practice.

  • April 16, 2018

    15 Minutes With FactSet’s General Counsel

    Rachel Stern started working as the first lawyer at the Connecticut-based data and software company FactSet Research Systems Inc. in January 2001. Since then, her role has expanded to include several nonlegal responsibilities. She recently shared with Law360 why it's not sufficient for firms to present a pitch with three white men and one junior woman of color, and why it's important to embrace the European Union's upcoming General Data Protection Regulation.

  • April 13, 2018

    Law360 Reveals 400 Largest US Firms

    The annual Law360 400 ranks the largest U.S.-based law firms and vereins with a U.S. component by domestic attorney headcount.

  • April 13, 2018

    How 5 Firms Grew Without Merging

    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.

Expert Analysis

  • Series

    Dissolving Practice: The Unfinished Business Doctrine

    Thomas Rutledge

    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.

  • Opinion

    BigLaw Doesn't Have A Diversity Problem

    Marlen Whitley

    Although the lack of racial and gender diversity among the ranks of the majority of both midsized and top law firms is a major issue, it’s past time to shed light on the real problem — inclusion, or lack thereof, says Marlen Whitley of Reed Smith LLP.

  • Opinion

    Roman J. Israel, Esquire, Meet Donald J. Trump, POTUS

    Kevin Curnin

    Despite the Trump administration's desire to shut down the Legal Services Corp., thankfully the budget that Congress passed and the president signed into law last week has restored $410 million of funding to the legal aid organization. An unlikely brief for preserving LSC may be found in the quirky Denzel Washington film "Roman J. Israel, Esq.," says Kevin Curnin, immediate past president of the Association of Pro Bono Counsel.

  • Opinion

    We Need A Cybersecurity Framework For Law Firms

    Shaun Jamison

    In order to enable lawyers to best meet cybersecurity challenges, state bars should pass rules that adopt a cybersecurity framework to be developed by a national committee, says Shaun Jamison, associate dean of faculty and professor at Purdue University's Concord Law School.

  • Equity Partnership Isn’t What It Used To Be

    Jeff Liebster

    To many young attorneys, becoming an equity partner shows a firm's long-term commitment, meaning job security and a voice in important firm matters. However, the industry has changed and nowadays it may not be better to enter a new firm as an equity partner, says Jeffrey Liebster of Major Lindsey & Africa.

  • Series

    Judging A Book: Hardiman Reviews 'Without Precedent'

    Judge Thomas Hardiman

    In his new book, "Without Precedent: Chief Justice John Marshall and His Times," professor Joel Richard Paul ably explains more than a dozen of Marshall’s most significant opinions, which comes as no surprise​. ​What is a surprise — a pleasant one — is the book's readability, says Judge Thomas Hardiman of the Third Circuit.

  • Top Tax Changes For Law Firms: What Lawyers Need To Know

    Evan Morgan

    For law firms structured as corporations, a lower maximum corporate tax rate and repeal of the corporate alternative minimum tax are good news. But many law firms are pass-through entities, so deduction limitations mean they'll see less benefit from the new tax law, says Evan Morgan of CPA and advisory firm Kaufman Rossin PA.

  • Opinion

    Companies Should Avoid The BigLaw Bonus Structure

    Michael Moradzadeh

    Since passage of the Trump tax plan last year, companies have been touting bonuses they’ve handed down to rank-and-file employees. This highlights the trend of employers favoring bonuses over pay raises in the belief that variable, short-term rewards are less risky to the business than permanent increases in labor costs. But law firms have used this strategy for years — and there are dangers, says Michael Moradzadeh of Rimon PC.

  • Chief Innovation Officer — The New Star On Legal Teams

    Mark Williamson

    Over the past few years, forward-thinking law firms have expanded their talent pools to include a chief innovation officer, whose responsibilities include spearheading the implementation of technology. It is a smart move, says ​​​​​​​Mark Williamson, co-founder and chief technology officer at Hanzo Archives Ltd.

  • Opinion

    National Lawyers Need National Licensing For National Courts

    EJ Hurst II

    Just last month, a number of legal groups asked the Northern District of California to strike its rule requiring that, before seeking federal court admission, attorneys first be licensed by the state of California. It is irrational to exclude seasoned federal practitioners from general admission due to state bar approval while allowing raw state lawyers who have never been inside a federal courtroom, says attorney EJ Hurst.