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Business of Law
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April 08, 2024
Attys Have Duty To Defend Judges, ABA President Says
The American Bar Association's president on Monday warned that attacks on judges and the U.S. court system have skyrocketed in recent years and urged lawyers to stand up for the judicial process by defending judges who are unjustly criticized.
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April 08, 2024
SEC 'Shadow Trading' Victory Could Bring DOJ Knocking
Now that the U.S. Securities and Exchange Commission has convinced a jury that a pharmaceutical executive committed insider trading by purchasing a competitor's stock in a practice often referred to as "shadow trading," attorneys say federal prosecutors might be tempted to dip their toe into the waters of the previously untested legal theory.
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April 08, 2024
Las Vegas Atty Killed In Murder-Suicide During Law Firm Depo
An attorney is suspected of fatally shooting prominent Las Vegas personal injury trial lawyer Dennis Prince and Prince's wife before killing himself in a targeted shooting during a deposition in a child custody battle at the Prince Law Group's offices Monday morning, according to the Las Vegas Police and media reports.
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April 08, 2024
High Court Creating DEI Headwinds, Colo. AG Says
Colorado Attorney General Phil Weiser said Monday that the state's major losses last year in cases involving gay rights and prosecuting threatening speech were part of what he views as a trend at the U.S. Supreme Court of hampering efforts to increase diversity, equity and inclusion.
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April 08, 2024
Norton, Quinn Emanuel Rip Contempt Order In $600M IP Case
A more than $600 million judgment against NortonLifeLock for infringing Columbia University patents, based partly on a contempt finding against its former law firm, Quinn Emanuel Urquhart & Sullivan LLP, is "indefensible" and cannot stand, the company and the firm have told the Federal Circuit.
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April 08, 2024
Conn. Law Firm Demands Insurer Pay More For Leak In Office
A Connecticut law firm and a real estate company have accused their insurer of failing to fully cover damage from a leak at their New Haven offices despite a $2.2 million policy in a suit removed to Connecticut federal court by the insurer.
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April 08, 2024
Meta Litigator Jumps To Nixon Peabody To Lead New AI Team
Nixon Peabody LLP has added a litigator who most recently led Meta Platforms Inc.'s artificial intelligence-related ranking policy work to be the head of its new AI, digital platforms and emerging technologies team, the firm announced Monday.
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April 08, 2024
Trump Allies Rip 'Odor Of Mendacity' In Pushing Willis DQ
A Washington, D.C.-based advocacy group has urged the Georgia Court of Appeals to remove Fulton County District Attorney Fani T. Willis from prosecuting former President Donald Trump and other defendants in the 2020 election interference case, saying her romantic relationship with a since-resigned special prosecutor created "an odor of mendacity."
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April 08, 2024
NYSBA Warns Of Risks To Confidentiality Posed By AI
Attorneys must ensure the use of artificial intelligence does not compromise the attorney-client privilege, advised a report from the New York State Bar Association on Monday, with additional recommendations provided for lawyers interested in exploring the burgeoning technology.
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April 09, 2024
CORRECTED: Ex-SDNY Clerk, Atty Get Prison For Referral Scheme
A former court clerk in the Southern District of New York was sentenced to two years in prison Monday and a disbarred defense attorney was hit with a year-long term for an alleged cash-for-referrals scheme.
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April 08, 2024
Trump Can't Move Hush Money Trial, NY Appeals Judge Says
A New York appellate judge on Monday denied Donald Trump's request to halt his upcoming hush money trial due to what the former president cast as a hopelessly biased jury pool in Manhattan, as he awaited a hearing on his separate bid to lift a gag order.
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April 08, 2024
Cooley Adds 'Next-Gen' Restructuring Atty From O'Melveny
Cooley LLP on Monday hired the co-chair of O'Melveny & Myers LLP's bankruptcy litigation practice as its newest business restructuring practice and global litigation partner. Here, Daniel Shamah talks to Law360 Pulse about why he moved his practice.
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April 05, 2024
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.
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April 05, 2024
NBC Defeats Trump's Subpoena Of 'Stormy' Documentary Info
A New York judge on Friday rejected Donald Trump's attempt to subpoena records from NBC linked to Stormy Daniels, a central figure in the Manhattan district attorney's hush money charges, finding that the ex-president's request was overbroad and barred by civil rights laws.
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April 05, 2024
Higher Election Target For Colo. Judges Inches Ahead
A proposed ballot initiative that would require Colorado state judges get 55% of votes to keep their seats, rather than the simple majority required currently, cleared another hurdle when the state Title Board approved the ballot's title and language.
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April 05, 2024
Judge Newman Pushes To Keep Suit Over Suspension Intact
U.S. Circuit Judge Pauline Newman urged a D.C. federal judge Friday to let her pursue a constitutional challenge to the law under which she has been suspended, and to reject her colleagues' contention that her case does not pass legal muster.
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April 05, 2024
PAGA Repeal Bill On Nov. Ballot May Upend Calif. Labor Law
A controversial bill going before Golden State voters in November has employment attorneys divided over its plan to replace California's Private Attorneys General Act with new legislation doubling penalties for willful labor-law violators, but leaving enforcement solely to a state agency that has proven ineffective in the past.
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April 05, 2024
Legal Industry Sheds 3,000 Jobs In March After Modest Gains
Following a modest uptick in February, the U.S. legal sector shed more jobs in March, with a loss of 3,000 jobs compared with the previous month, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.
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April 05, 2024
Law360's Legal Lions Of The Week
Gibbons PC leads this week's edition of Law360 Legal Lions, after helping its client, a Kirkland & Ellis LLP attorney, secure an early win in a legal malpractice case alleging he botched an estate planning matter and lost his client millions in a later divorce.
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April 05, 2024
Attys Ask 2nd Circ. To Affirm Ruling In Psychiatry Prof's Death
Attorneys cleared of any wrongdoing in New York federal court in the death of renowned psychiatry professor Judith Brook in their capacity as court-appointed temporary guardians urged the Second Circuit this week to affirm a lower court's holding that temporary guardians are not state actors subject to federal jurisdiction.
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April 05, 2024
GC Cheat Sheet: The Hottest Corporate News Of The Week
Some pressure is off legal teams for a while as the U.S. Securities and Exchange Commission pauses its new climate disclosure rules until a court suit over them is resolved. And an in-house chief counsel was charged with embezzling more than $200,000 by getting his company to pay fake invoices from law firms.
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April 05, 2024
'Eat Or Be Eaten': Mid-Law Drove Q1 Law Firm Mergers
As firms feel the pressure to grow to meet client demands, midsize law firms appear to be more eager to gobble up small law firms and less thrilled by the idea of being acquired, according to consultants and first quarter U.S. law firm combination results collected by Law360 Pulse.
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April 05, 2024
Utility Atty Who Advised Google JV Opens Environmental Firm
An attorney who advised a Google joint venture on a group of master-planned communities and a California utility on billions of dollars in infrastructure work has launched boutique firm Forrest Environmental Law.
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April 05, 2024
Wisconsin Bar Tweaks Diversity Definition Amid Bias Suit
The State Bar of Wisconsin has erased a legal challenge related to its diversity clerkship program following a revision of its definition of diversity, though the federal case will continue over dues collections.
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April 05, 2024
IP Firm Sues Florida Attorney For Using Soundalike Name
Georgia-based intellectual property firm Bekiares Eliezer LLP has sued an attorney in Florida federal court, alleging he marketed his services with a name similar to its "Founders Legal" brand.
Expert Analysis
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Some Client Speculations On AI And The Law Firm Biz Model
Generative artificial intelligence technologies will put pressure on the business of law as it is structured currently, but clients may end up with more price certainty for legal services, and lawyers may spend more time being lawyers, says Jonathan Cole at Melody Capital.
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A Lawyer's Guide To Approaching Digital Assets In Discovery
The booming growth of cryptocurrency and non-fungible tokens has made digital assets relevant in many legal disputes but also poses several challenges for discovery, so lawyers must garner an understanding of the technology behind these assets, the way they function, and how they're held, says Brett Sager at Ehrenstein Sager.
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Opinion
High Court's Ethics Statement Places Justices Above The Law
The U.S. Supreme Court justices' disappointing statement on the court's ethics principles and practices reveals that not only are they satisfied with a status quo in which they are bound by fewer ethics rules than other federal judges, but also that they've twisted the few rules that do apply to them, says David Janovsky at the Project on Government Oversight.
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Opinion
Time For Law Schools To Rethink Unsung Role Of Adjuncts
As law schools prepare for the fall 2023 semester, administrators should reevaluate the role of the underappreciated, indispensable adjunct, and consider 16 concrete actions to improve the adjuncts' teaching experience, overall happiness and feeling of belonging, say T. Markus Funk at Perkins Coie, Andrew Boutros at Dechert and Eugene Volokh at UCLA.
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Tips For In-House Legal Leaders In A Challenging Economy
Amid today's economic and geopolitical uncertainty, in-house legal teams are running lean and facing increased scrutiny and unique issues, but can step up and find innovative ways to manage outcomes and capitalize on good business opportunities, says Tim Parilla at LinkSquares.
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What Associates Need To Know Before Switching Law Firms
Excerpt from Practical Guidance
The days of staying at the same firm for the duration of one's career are mostly a thing of the past as lateral moves by lawyers are commonplace, but there are several obstacles that associates should consider before making a move, say attorneys at HWG.
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A Case For Sharing Mediation Statements With Counterparties
In light of a potential growing mediation trend of only submitting statements to the mediator, litigants should think critically about the pros and cons of exchanging statements with opposing parties as it could boost the chances of reaching a settlement, says Arthur Eidelhoch at Eidelhoch Mediation.
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Preparing For Legal Scrutiny Of Data Retention Policies
Two recent cases involving Google and Meta should serve as a call to action for companies to ensure their data retention policies are updated and properly implemented to the degree of being able to withstand judicial scrutiny, especially as more data is generated by emerging technologies, say Jack Kallus and Labeed Choudhry at Kaufman Dolowich.
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7 Constructive Ways Attorneys Can Spend The Deal Slowdown
Transactional lawyers can stay productive despite the currently sluggish market for M&A and financing deals by investing nonbillable hours into a range of projects that will strengthen firms, build professional relationships and lay a strong foundation for future work, says Brian Kerwin at Duane Morris.
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Opinion
Attorneys Should Have An Ethical Duty To Advance DEI
National and state bar associations are encouraging attorneys to apply diversity, equity and inclusion practices in the legal profession and beyond, and these associations should take it one step further by formally recognizing ethical duties for attorneys to promote DEI, which could better the legal profession and society, says Elena Mitchell at Moore & Van Allen.
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Data-Driven Insights Are Key To Attracting Today's Clients
As law firm growth slows and competition for clients increases, modern firms must rely on robust data analytics to develop the sector-based expertise and industry insights that clients increasingly prioritize in relationships with counsel, says Lavinia Calvert at Intapp.
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12 Summer Reads For White Collar Attorneys
Jack Sharman at Lightfoot Franklin recommends 12 books white collar lawyers should read this summer, from French existentialist classics to modern rural noirs, that provide lessons and reflections for one’s legal practice.
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Ghosting In BigLaw: Why Better Feedback Habits Are Needed
Not giving assignments or constructive criticism to junior associates can significantly affect their performance and hours, potentially leading them to leave the firm, but partners can prevent this by asking the right questions and creating a culture of feedback, says Rachel Patterson at Orrick.
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Rebuttal
Law Needs A Balance Between Humanism And Formalism
A recent Law360 guest article rightly questions the pretextual pseudo-originalism that permits ideology to masquerade as judicial philosophy, but the cure would kill the patient because directness, simplicity and humanness are achievable without renouncing form or sacrificing stare decisis, says Vanessa Kubota at the Arizona Court of Appeals.
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Short Message Data Challenges In E-Discovery
As short message platforms increasingly dominate work environments, lawyers face multiple programs, different communication styles and emoji in e-discovery, so they must consider new strategies to adapt their processes, says Cristin Traylor at Relativity.