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Business of Law

  • June 6, 2018

    Senate OKs Trump's Alabama District Judge Pick

    The Senate confirmed President Donald Trump's 42nd judicial nominee on an 83-11 vote Wednesday, sending Annemarie Carney Axon to the federal bench in the Northern District of Alabama.

  • June 6, 2018

    Troutman Sanders, Winstead Are Eyeing A Tie-Up

    Troutman Sanders LLP and Winstead PC held discussions earlier this year on a potential merger, four sources with knowledge of the conversations told Law360 on Wednesday, the latest indication that law firms remain eager to expand into Texas.

  • June 6, 2018

    Deloitte To Buy 8 Int'l Offices From Immigration Law Firm

    Deloitte intends to acquire the non-U.S. business of immigration law firm Berry Appleman & Leiden LLP, the accounting giant said Wednesday, adding eight offices and 170 professionals specializing in immigration law around the globe.

  • June 5, 2018

    Firms May Think Twice Before Matching Milbank On Salaries

    Milbank Tweed Hadley & McCloy LLP’s announcement on Monday that it would increase associates’ salaries signals the beginning of another race to match a new, higher pay scale, but not all firms may follow, leading to further stratification between the most profitable firms and everyone else.

  • June 5, 2018

    Winston & Strawn, Proskauer Latest To Bump Associate Pay

    Winston & Strawn LLP and Proskauer Rose LLP on Tuesday said they will match the new pay scale put forth by Milbank Tweed Hadley & McCloy LLP a day earlier that raises associates’ compensation by $10,000 to $15,000.

  • June 5, 2018

    2 Boutique Associates Snag Prisoners' Rights Win At 2nd Circ.

    It doesn’t take a large law firm or high-powered partner to win a big pro bono victory, as two associates from litigation boutique Sher Tremonte LLP made clear earlier this month by securing a precedential Second Circuit decision finding prisoners have the right to refuse to become government informants.

  • June 5, 2018

    Senate Confirms Trump's Ky., Texas District Judge Picks

    The Senate Tuesday confirmed new federal trial judges for the first time in weeks by approving President Donald Trump's choices for the Eastern District of Kentucky and the Southern District of Texas.

  • June 2, 2018

    Law360's Pro Say: Quinn Emanuel's Tactic To Keep Talent

    On the latest episode of Law360's Pro Say podcast, we discuss allegations that BigLaw titan Quinn Emanuel used ethically-dubious tactics against high-profile partners who left to form a new firm. Also this week, we discuss efforts by San Francisco and Oakland to hold oil giants responsible for the impact of climate change; Apple’s $539 million verdict against Samsung; and how courtroom cackles during oral arguments led to a second chance.

  • June 4, 2018

    Legal Pitfalls Bedevil Some New #MeToo Policies, Experts Say

    As companies continue to bolster their sexual harassment policies in the wake of #MeToo, some new efforts may be creating unintended legal pitfalls that must be weighed carefully, experts said on Monday at a New York City Bar panel on sexual harassment.

  • June 4, 2018

    Judges Must Make Courts Safe Workplaces, Jurists Say

    A group of jurists and senior administrators from the federal courts on Monday released its findings into the judiciary’s procedures for handling workplace harassment complaints, recommending several reforms to the courts’ policies, including changing codes of conduct to emphasize judges’ special responsibility for ensuring that the courts are a safe and civil place to work.

  • June 4, 2018

    Milbank Raises Associate Starting Salary To $190K

    Milbank Tweed Hadley & McCloy LLP on Monday rolled out an associate pay bump, announcing its plans to increase attorneys’ salaries by $10,000 or $15,000 with starting compensation to reach $190,000 a year beginning on July 1.

  • June 4, 2018

    4 Ways Law Firms Can Take Advantage Of The New Tax Code

    High-earning lawyers and accountants may have been barred from taking advantage of a 20 percent tax deduction in the new federal tax law, but this hasn’t stopped firms from exploring ways to qualify for the break. Here, experts share strategies that may be available to law firms to take advantage of the new tax law’s provisions.

  • June 4, 2018

    15 Minutes With MyoKardia's General Counsel

    Cynthia Ladd became a lawyer through what some people might perceive as an unusual journey. Here, the general counsel of clinical-stage biopharmaceutical company MyoKardia shares details about her atypical path to working in-house, the qualities she hopes to find in candidates when building her legal department and the ways she expects the biotechnology industry to change in upcoming years.

  • June 3, 2018

    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.

  • June 1, 2018

    Duane Morris, Hinshaw Partners Tapped For Calif. Bench

    California Democratic Gov. Jerry Brown on Friday announced 21 appointments to trial courts across the state, including a Duane Morris LLP partner with experience litigating technology, construction and insurance disputes, and a legal malpractice expert from Hinshaw & Culbertson LLP.

  • June 1, 2018

    Breyer Urges Law School Grads To Defend Rule Of Law

    U.S. Supreme Court Justice Stephen Breyer exhorted a class of New York Law School graduates at their commencement ceremony Friday afternoon to remain engaged in public life and to dedicate themselves to upholding faith in the rule of law, both for themselves and for myriad Americans who were not trained as lawyers.

  • June 1, 2018

    In Remote Immigrant Detention Centers, It's Pro Bono Or Bust

    Absent a universal right to counsel, the availability of legal representation for noncitizens in immigration proceedings has hit a crisis point nationwide, but none are worse off than individuals detained in remote facilities.

  • June 1, 2018

    Steptoe Pay Bias Suit Headed To Arbitrator Post-Epic

    A California federal judge dismissed a former Steptoe & Johnson LLP associate's proposed pay equity class action against the firm on Thursday, after she and the firm agreed she must arbitrate her claims in light of the U.S. Supreme Court’s recent decision allowing class action waivers in the workplace.

  • June 1, 2018

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    Attorneys said companies need to think twice before deciding it’s too late to fill in compliance gaps for the European Union’s sweeping General Data Protection Regulation, the Consumer Financial Protection Bureau and two payday lender trade groups joined together to ask a Texas federal judge to stay the groups’ suit challenging the agency’s so-called payday rule, and Law360 asked female attorneys what gender parity looks like in the legal industry. These are some of the stories in corporate legal news you may have missed in the past week.​

  • May 31, 2018

    Law360's Weekly Verdict: Legal Lions & Lambs

    Jenner & Block secured a lion’s win this week for Northwestern University when a federal judge dismissed a proposed class action against the university over its handling of workers’ retirement savings, while Labaton Sucharow, Thornton Law Firm and Lieff Cabraser ended up legal lambs after a special master concluded they overstated their bill in a class action settlement and recommended they return a significant chunk of the $75 million fee award.

Expert Analysis

  • 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.

  • Lawyering A La Carte: Unbundled Dispute Resolution Services

    David Wallace

    There's no reason for limiting unbundled legal services to family law or even pro se litigants. Wider adoption, especially by litigators, presents an opportunity to correct law's distribution and pricing problem, to make justice practically available to all, and to dethrone litigation as the "sport of kings," says New York-based trial lawyer David Wallace.

  • You’re Perfect, Now Change: Perfectionism Hurts Lawyers

    Peter Norman

    Like medical professionals, lawyers often resist policies to reduce errors due to the culture of perfectionism that permeates the industry. Autonomy is key to the legal professional's prestige and the outward demonstration of competence is key to maintaining autonomy, says Peter Norman of Winnieware LLC.