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Business of Law

  • July 23, 2018

    15 Minutes With Rent The Runway's General Counsel

    Sydney Brie Schaub was drawn to Rent the Runway, the online service that provides designer clothing and accessory rentals for any occasion, because the company is innovating within both the fashion and tech industries in New York City, a place she loves. In a recent interview with Law360, the general counsel and corporate secretary shared how technology affects her responsibilities and what her typical day looks like. (Spoiler alert: There isn’t one.)

  • July 23, 2018

    BigLaw Firms Say Trump Boosted Q2 Lobbying Revenue

    BigLaw firms scored big on federal lobbying revenue during the second quarter of 2018, with a number of top firms posting increases over last year's numbers, strides some say were boosted by President Donald Trump's policies.

  • July 23, 2018

    Global 20: Reed Smith

    Reed Smith LLP helped the owners of the V.C. Summers nuclear facility secure a $2.2 billion cross-border settlement from Toshiba and represented BSG Resources Ltd. in a $10 billion suit against financier George Soros and his Open Society Foundations over revoked Guinea iron ore mining rights, just two of the accomplishments over the past year that landed the firm on Law360’s Global 20 list.

  • July 20, 2018

    Law360's Satisfaction Survey: By The Numbers

    Being a lawyer is not easy. But among private practice attorneys, in-house counsel and government lawyers, who's feeling the greatest pressure in finances and stress? Law360's 2018 Lawyer Satisfaction Survey provides a snapshot.

  • July 20, 2018

    The Least-Stressed Attorneys In A Stressed-Out Profession

    Law360's 2018 Lawyer Satisfaction Survey shows that when it comes to career and overall well-being, one type of firm is a lawyer's happy place — at least relatively speaking.

  • July 22, 2018

    Docs Show Kavanaugh Questioned Watergate, Chevron Cases

    Supreme Court nominee D.C. Circuit Judge Brett Kavanaugh once questioned the Supreme Court’s decision forcing President Richard Nixon to hand over taped conversations about the coverup of the Watergate burglary, according to documents released by the Senate over the weekend.

  • July 20, 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.

  • July 20, 2018

    Boies Partner, Ex-MoFo Attys Tapped For Calif. Bench

    California Gov. Jerry Brown on Friday announced 18 judicial appointments, including a Boies, Schiller & Flexner partner, two former Morrison & Foerster LLP attorneys, and former Skadden, Arps, Slate, Meagher and Flom LLP, Sidley Austin LLP, Arnold & Porter Kaye Scholer LLP, and Irell & Manella LLP attorneys.

  • July 20, 2018

    More Quinn Emanuel Attorneys Leave Firm For Dechert

    Dechert LLP on Friday said that 18 attorneys from Quinn Emanuel Urquhart & Sullivan LLP have joined the firm's product liability team, following Sheila Birnbaum, a defense attorney nicknamed the “Queen of Toxic Torts,” who made the jump in May.

  • July 20, 2018

    Ex-Nutter Partner Suspended After Funds Misappropriated

    The Massachusetts Supreme Judicial Court temporarily suspended a former Nutter McClennen & Fish LLP trusts and estates partner in Cape Cod from practicing law after he copped to misappropriating funds from the law firm and trusts he managed. 

  • July 20, 2018

    Kavanaugh Bows Out Of Latest DC Circ. Opinions

    U.S. Supreme Court nominee Brett Kavanaugh did not participate in two opinions handed down Friday by the D.C. Circuit in cases he sat through last fall, suggesting there are no more forthcoming decisions from him while he is being considered by the Senate as Justice Anthony Kennedy’s replacement.

  • July 20, 2018

    Law360's Pro Say: Why MGM Sued Vegas Shooting Victims

    MGM Resorts International found itself in the middle of a public relations nightmare this week after suing hundreds of victims of last year's horrific mass shooting in Las Vegas, claiming that an obscure federal law shields it from liability. We'll break down the resort's argument and other top legal stories on this week's episode of the Pro Say podcast.

  • July 20, 2018

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    The European Union's competition enforcer slammed Google with a record $5 billion fine over its Android operating system, the U.S. Senate approved a bipartisan measure aimed at helping small businesses protect their intellectual property, and a survey revealed the top liability concern facing American businesses. These are some of the stories in corporate legal news you may have missed in the past week.​

  • July 20, 2018

    Global 20: Eversheds Sutherland

    Eversheds Sutherland demonstrated its international reach over the past year, representing Shell in its $217 million acquisition of a stake in a solar plant developer and advising a Deutsche Bahn group member in its successful bid to provide services for a California high-speed rail project, landing the firm among Law360’s Global 20.

  • July 19, 2018

    La. Courthouse Assistant Accuses Judge Of Sexual Assault

    An executive assistant with the New Orleans Criminal District Court has accused a criminal court judge of sexually assaulting her on multiple occasions over the course of three years.

  • July 19, 2018

    Fla. Eases Path For Military-Spouse Attys To Practice In State

    For attorneys married to military service members, an assignment of their spouse to a Florida base no longer will mean facing the dilemma of having to live apart from their significant other or likely giving up their practice, under new rules approved Thursday by the Florida Supreme Court.

  • July 19, 2018

    Bush Library Releasing Slivers Of Kavanaugh Papers

    The George W. Bush Presidential Library has been releasing thousands of pages of documents from D.C. Circuit Judge Brett Kavanaugh's time at the White House, including a batch Thursday that provides a small glimpse into the career of President Donald Trump's nominee to the Supreme Court.

  • July 19, 2018

    Kavanaugh's Harvard Students Laud His Intellect, Parity

    Dozens of students who took classes at Harvard Law School with President Donald Trump’s U.S. Supreme Court nominee, D.C. Circuit Judge Brett Kavanaugh, wrote a letter to the Senate Committee on the Judiciary on Thursday lauding his intellectual rigor and "gracious" personality.

  • July 19, 2018

    Party Line Splits Senators On Kavanaugh Records Requests

    The Senate Judiciary Committee cleared four U.S. Circuit Court and three district court nominees Thursday, but the panel's main focus was the clash between Republican members trying to limit document requests on U.S. Supreme Court candidate Brett Kavanaugh and Democrats pushing for more access.

  • July 19, 2018

    Global 20: Baker McKenzie

    Since April 2017, Baker McKenzie has closed six multinational deals worth $1 billion or more, including Servier Laboratories’ $2.4 billion purchase of Shire PLC’s oncology business and Post Holdings’ £1.4 billion ($1.8 billion) acquisition of Weetabix, keeping the firm at its long-held spot on Law360’s Global 20 list.

Expert Analysis

  • 5 Ways Law Firms Are Becoming More Like Hotels

    Bella Schiro

    One way law firms differentiate themselves from the competition to attract and retain top talent is through their real estate and workplace strategies. Taking a lead from the hospitality industry can help create a more inviting, welcoming and collaborative workspace environment, says Bella Schiro of Jones Lang LaSalle Inc.

  • Opinion

    Gorsuch's 1st Year Shows He Is A Conservative Activist

    Elliot Mincberg

    In his first year on the U.S. Supreme Court, Justice Neil Gorsuch has proven to be a narrow-minded elitist who consistently votes in favor of corporations and the powerful, acting to roll back protections for workers, consumers, LGBTQ individuals and other marginalized communities, says Elliot Mincberg of People for the American Way.

  • Opinion

    There Is Middle Ground For US Lawyers On AML Regimes

    Matthew O'Hara

    The American Bar Association continues to oppose legislation that would impose certain European Union and U.K. anti-money laundering requirements on U.S. lawyers. The ABA should further consider its approach to this issue as there is a viable middle ground that protects privileged communications and confidential information while advancing the interests of the legal profession, says Matthew O’Hara of Freeborn & Peters LLP.

  • Finance-Savvy Millennials Are Shifting Business Of Law

    Michael Perlich

    The impact of millennials has already been felt within the legal community by our eagerness to embrace new technologies. One way that we will have potentially even more impact lies in our willingness to embrace new ways of developing business and financing law, says Michael Perich of Burford Capital LLC.

  • Opinion

    Attorney-Client Privilege Is Alive And Well

    Genie Harrison

    The FBI raid of the office of President Donald Trump’s personal lawyer set off a firestorm of controversy about the sanctity of the attorney-client privilege, epitomized by Trump's tweet that the "privilege is dead." But attorney-client privilege is never taken lightly — I have battle scars from the times I have sought crime-fraud exceptions, says Genie Harrison of the Genie Harrison Law Firm.

  • Roundup

    Dissolving Practice

    Dissolving Practice

    In this series, experts discuss the unique aspects of closing a law firm, and some common symptoms of dysfunctionality in a firm that can be repaired before it's too late.

  • Series

    Dissolving Practice: How To Fix A Dysfunctional Law Firm

    Larry Richard

    I am often asked, “When there are one or more partner departures, what can a firm do to prevent this from escalating to a catastrophic level?” The short answer is “nothing.” Law firms need to adopt culture-strengthening lifestyles to prevent defections from occurring in the first place, says Larry Richard of LawyerBrain LLC.

  • Series

    Dissolving Practice: Partner Agreement Clauses That Can Help

    ​​​​​Leslie Corwin

    Given the competing public policies of protecting clients’ right to counsel of their choice, lawyer mobility, and the fiduciary duty partners owe to a dissolved firm, it behooves law firms to carefully review their partnership agreements to make sure they adequately spell out what happens in the unfortunate event that the law firm chooses to wind down, say ​​​​​Leslie Corwin and Rachel Sims of Blank Rome LLP.

  • 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.