Business of Law

  • March 25, 2024

    Law Firm Closures Hit Lowest Since 2019 As Premiums Dip

    Closures of law firms have fallen to the lowest level since October 2019 as more businesses negotiate their professional indemnity insurance premiums amid a general fall in insurance costs, research published on Monday suggested.

  • March 25, 2024

    Trump Gets Late Reprieve After Failing To Post $465M Bond

    A New York appellate panel said Monday that Donald Trump can pause enforcement of the state attorney general's $465 million civil fraud judgment by posting just $175 million while he appeals, after the former president complained that he was unable to secure a bond for the entire amount.

  • March 25, 2024

    FTX Clawbacks Unlikely To Help Bankman-Fried At Sentencing

    FTX founder Sam Bankman-Fried probably won't find much success in arguing for a shorter prison term based on the billions of dollars recovered by the shuttered crypto exchange's bankruptcy estate, experts told Law360 ahead of this week's much-anticipated sentencing hearing.

  • March 25, 2024

    Trump Can't Dismiss Hush Money Case, Trial Set For April

    A New York state judge on Monday emphatically denied Donald Trump's motion to dismiss the Manhattan district attorney's hush money case in the wake of a late evidence dump by federal prosecutors, scolding the former president's attorney and setting trial for April 15.

  • March 22, 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.

  • March 22, 2024

    Up Next At High Court: Abortion, Jury Trials And Estate Tax

    The U.S. Supreme Court will hear oral arguments this week over the U.S. Food and Drug Administration's decision expanding access to popular abortion pill mifepristone as well as whether juries should determine a defendants' eligibility for repeat offender enhanced sentencing under the Armed Career Criminal Act and how long federal employees have to appeal adverse employment decisions.

  • March 22, 2024

    Amazon, Apple Say Antitrust Attys Can't Ditch 'Fatal' Class Rep

    Amazon and Apple say plaintiffs' counsel in a proposed antitrust suit should be stuck with their class representative, who apparently ghosted his attorneys, arguing the lawyers should have to live with a plaintiff whose purchasing habits undercut the suit's very premise.

  • March 22, 2024

    Push For Camp Lejeune Jury Trials Seen As Long Shot

    The legal strategy to secure jury trials in the massive Camp Lejeune water contamination case hangs on a single phrase in a special law stating "nothing" shall impair such trials, but the plaintiffs' gambit is a long shot because Congress didn't go far enough in creating a framework for such trials against the government.

  • March 22, 2024

    Feds, Girardi Agree To Delay Trial More Than 2 Months

    Disgraced attorney Tom Girardi's criminal trial could now be pushed back from May to August, after prosecutors and Girardi's defense attorneys filed a mutual request for a few more weeks of preparation in the closely watched case.

  • March 22, 2024

    Calif. Bar Slightly Lowers Atty License Fees Hike Bid To 31%

    California's state bar will ask legislators for a $125 increase in its attorney licensing fees, a little less than the $150 hike it was previously considering, the state bar confirmed to Law360 on Friday.

  • March 22, 2024

    Calif. Releases Interim Guidelines On GenAI Use

    The state of California on Thursday released interim guidelines for public-sector procurement, uses and training of generative artificial intelligence by state leaders in preparation for all state agencies to consider pilot projects using the technology by July, per Gov. Gavin Newsom's executive order issued last year.

  • March 22, 2024

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    Federal antitrust prosecutors have added Apple Inc. to the list of Big Tech companies it is suing for anti-competitive behavior; and a law firm general counsel explains how he put guardrails into the firm's AI policy.

  • March 22, 2024

    Trump Election Case Gives Young Ga. Judge 'A World Stage'

    As Fulton County Superior Court Judge Scott McAfee prepares for perhaps the highest profile case he will ever see, legal experts and former state justices told Law360 that the young jurist has the ethics and temperament to not let the politically charged Donald Trump prosecution derail a promising legal career.

  • March 22, 2024

    Ill. Judges End Diversity Rules That Drew Conservative Ire

    The Seventh Circuit's chief judge has resolved judicial misconduct complaints targeting allegedly discriminatory standing orders by some Illinois federal judges encouraging younger, female and minority attorneys to handle oral arguments, after two of the judges rescinded their policies in response to the complaints.

  • March 22, 2024

    BigLaw's Shanghai Exodus Continues With Orrick Closure

    The list of large, international law firms downsizing in China — and, in particular, shuttering Shanghai offices — continues to grow, with an Orrick Herrington & Sutcliffe LLP spokesperson revealing Friday that the firm plans to close its office in the city and has already terminated its lease in Taipei, Taiwan.

  • March 22, 2024

    Law360's Legal Lions Of The Week

    Weil Gotshal & Manges LLP leads this week's edition of Law360 Legal Lions, after a Second Circuit panel rejected what it characterized as a lower court's "new standard" for so-called patent monopolies.

  • March 22, 2024

    In 107K Pro Bono Hours: Hogan Lovells Tackles Racial Justice

    Hogan Lovells pledged to dedicate 65,000 pro bono hours to advancing racial justice in June 2020, and, according to a report out this week, the firm's personnel have exceeded that goal by dedicating approximately 107,000 hours through 2023 to causes across the globe aimed at advancing racial justice.

  • March 22, 2024

    Del. Courts Examining 'Colonoscopy'-Like Bylaw Rules

    Invasive advance-notice bylaws that some observers say make shareholder board nominations as intrusive as a "colonoscopy" are reviving old questions in Delaware courts about how far boards can go to protect themselves against shareholder activism.

  • March 22, 2024

    DOJ Atty And Magistrate Judge Secure Texas Court Seats

    The Senate voted 88-7 on Friday to confirm Ernest Gonzalez, a senior attorney adviser in the U.S. Department of Justice's Criminal Division, Narcotics and Dangerous Drugs Section, and then 90-8 to confirm U.S. Magistrate Judge Leon Schydlower both to the Western District of Texas.

  • March 21, 2024

    Burford, Sysco Get OK To Swap Bid In Price-Fixing Cases

    An Illinois federal judge on Thursday agreed to allow an affiliate of legal investment firm Burford Capital to substitute for food giant Sysco in price-fixing litigation against broiler chicken producers, a ruling that comes a month after a Minnesota federal judge refused to allow the same Burford unit to substitute for Sysco in similar pork and beef price-fixing litigation.

  • March 21, 2024

    Schumer Urges Texas District To Adopt Judge-Shopping Rule

    Senate Majority Leader Chuck Schumer on Thursday urged the chief judge of the Northern District of Texas to quickly implement the Judicial Conference of the United States' updated policy that looks to prevent litigants from judge shopping, arguing that the district's current practices are "dangerous."

  • March 21, 2024

    Trump Misquotes Justices In Immunity Case's Opening Brief

    Former President Donald Trump invoked the writings of three sitting U.S. Supreme Court justices in a brief Tuesday to argue that former presidents are absolutely immune from criminal prosecution. Yet the cited opinions and papers actually express the opposite theories from what he claims — a miscue attorneys say could backfire on him.

  • March 21, 2024

    'Sit Down!' DC Judge Snaps At Atty Over False Ad Defense

    Oral arguments over footwear nearly got an attorney kicked out of court Thursday, as a D.C. federal judge told a defense counselor to "Sit down!" for making "snide remarks" before ultimately denying most of his motion to dismiss a Federal Trade Commission suit alleging deceptive advertising.

  • March 21, 2024

    Ex-Moses & Singer Partner Says New-Mom Bias Is Rampant

    A former partner at New York litigation firm Moses & Singer LLP said she witnessed women at the firm go from being considered "superstars" to "mommy brained" after returning from maternity leave, according to a declaration attached to an amended pregnancy discrimination complaint in federal court.

  • March 21, 2024

    Unabomber Prosecutor To Probe FTX's Sullivan & Cromwell Ties

    The Delaware bankruptcy court overseeing the Chapter 11 case of FTX Trading Ltd. has approved the appointment of a former federal prosecutor, whose experience includes work on the Unabomber case, to delve into accusations Sullivan & Cromwell is conflicted as debtor's counsel.

Expert Analysis

  • Without Stronger Due Diligence, Attys Risk AML Regulation

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    Amid increasing pressure to mitigate money laundering and terrorism financing risks in gatekeeper professions, the legal industry will need to clarify and strengthen existing client due diligence measures — or risk the federal regulation attorneys have long sought to avoid, says Jeremy Glicksman at the Nassau County District Attorney’s Office.

  • Every Lawyer Can Act To Prevent Peer Suicide

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    Members of the legal industry can help prevent suicide among their colleagues, and better protect their own mental health, by learning the predictors and symptoms of depression among attorneys and knowing when and how to get practical aid to peers in crisis, says Joan Bibelhausen at Minnesota Lawyers Concerned for Lawyers.

  • Building On Successful Judicial Assignment Reform In Texas

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    Prompt action by the Judicial Conference could curtail judge shopping and improve the efficiency and procedural fairness of the federal courts by implementing random districtwide assignment of cases, which has recently proven successful in Texas patent litigation, says Dabney Carr at Troutman Pepper.

  • Do Videoconferences Establish Jurisdiction With Defendants?

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    What it means to have minimum contacts in a foreign jurisdiction is changing as people become more accustomed to meeting via video, and defendants’ participation in videoconferencing may be used as a sword or a shield in courts’ personal jurisdiction analysis, says Patrick Hickey at Moye White.

  • Generative AI Brings A New Generation Of Legal Issues

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    Aside from ethical and potential bias concerns, the rise of generative artificial intelligence also raises intellectual property infringement and breach of contract issues that will likely be negotiated, navigated and litigated for years to come, say Reeya Thakrar and Ira Kalina at Faegre Drinker.

  • Opinion

    Humanism Should Replace Formalism In The Courts

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    The worrying tendency for judges to say "it's just the law talking, not me" in American decision writing has coincided with an historic decline in respect for the courts, but this trend can be reversed if courts develop understandable legal standards and justify them in human terms, says Connecticut Superior Court Judge Thomas Moukawsher.

  • Don't Let Client Demands Erode Law Firm Autonomy

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    As clients increasingly impose requirements for attorney hiring and retention related to diversity and secondment, law firms must remember their ethical duties, as well as broader issues of lawyer development, culture and firm integrity, to maintain their independence while meaningfully responding to social changes, says Deborah Winokur at Cozen O'Connor.

  • Opinion

    Federal Judge's Amici Invitation Is A Good Idea, With Caveats

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    An Arkansas federal judge’s recent order — inviting amicus briefs in every civil case before him — has merit, but its implementation may raise practical questions about the role of junior attorneys, economic considerations and other issues, says Lawrence Ebner at the Atlantic Legal Foundation.

  • Fox Ex-Producer Case Is A Lesson In Joint Representation

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    A former Fox News producer's allegations that the network's lawyers pressured her to give misleading testimony in Fox's defamation battle with Dominion Voting Systems should remind lawyers representing a nonparty witness that the rules of joint representation apply, says Jared Marx at HWG.

  • Opinion

    Stanford Law Protest Highlights Rise Of Incivility In Discourse

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    The recent Stanford Law School incident, where students disrupted a speech by U.S. Circuit Judge Kyle Duncan, should be a reminder to teach law students how to be effective advocates without endangering physical and mental health, says Nancy Rapoport at the University of Nevada.

  • Dispute Prevention Strategies To Halt Strife Before It Starts

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    With geopolitical turbulence presenting increased risks of business disputes amid court backlogs and ballooning costs, companies should consider building mechanisms for dispute prevention into newly established partnerships to constructively resolve conflicts before they do costly damage, say Ellen Waldman and Allen Waxman at the International Institute for Conflict Prevention and Resolution.

  • Practical Skills Young Attorneys Must Master To Be Happier

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    For young lawyers, finding happiness on the job — with its competitive nature and high expectations for billable hours — is complicated, but three skills can help them gain confidence, reduce stress and demonstrate their professional value in ways they never imagined, says career counselor Susan Smith Blakely.

  • ABA Opinion Should Help Clarify Which Ethics Rules Apply

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    A recent American Bar Association opinion provides key guidance on interpreting ABA Model Rule 8.5's notoriously complex choice-of-law analysis — and should help lawyers authorized to practice in multiple jurisdictions determine which jurisdiction's ethics rules govern their conduct, say attorneys at HWG.

  • 4 Ways To Reboot Your Firm's Stalled Diversity Program

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    Law firms that have failed to see real progress despite years of diversity initiatives can move forward by committing to tackle four often-taboo obstacles that hinder diversity, equity and inclusion efforts, says Steph Maher at Jaffe.

  • DOJ's Google Sanctions Motion Shows Risks Of Auto-Deletion

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    The U.S. Department of Justice recently hit Google with a sanctions motion over its alleged failure to preserve relevant instant-messaging communications, a predicament that should be a wake-up call for counsel concerning the danger associated with automatic-deletion features and how it's been handled by the courts, say Oscar Shine and Emma Ashe at Selendy Gay.

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