Business of Law

  • January 15, 2017

    How Jed Rakoff, One-Man Circuit Split, Saved Bharara's Bacon

    BigLaw and the federal bench turned out in force Friday to witness history's first attempt to transform U.S. District Judge Jed Rakoff's West Coast end-run around the Second Circuit's Newman insider trading decision into the stuff of legend.

  • January 13, 2017

    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.

  • January 13, 2017

    3rd Circ. To Make Oral Argument Videos Public

    The Third Circuit announced Friday that it will begin posting video recordings of certain oral arguments to its website this month, becoming the second federal appeals court to make videos of oral arguments publicly available.

  • January 13, 2017

    Dewey Execs Trying To Mislead Jury, Prosecutors Say

    The Manhattan district attorney’s office pushed back Friday at requests by attorneys for two former Dewey & LeBoeuf LLP executives for wide latitude in their cross-examination of the star cooperating witness in the upcoming retrial over alleged accounting fraud at the defunct law firm, saying the defense aims to mislead the upcoming jury.

  • January 13, 2017

    McDermott Wins Army Concession For Sikhs' Religious Garb

    An eight-year "hearts and minds" pro bono campaign led by McDermott Will & Emery LLP recently swayed the U.S. Army to allow Sikhs to serve in the military with beards, long hair and turbans.

  • January 13, 2017

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    A popular cybersecurity framework heads for an update, the Chamber of Commerce fights a new workplace injury record-keeping rule, and the House of Representatives takes aim at judicial deference to regulators’ legal interpretations. These stories top the corporate legal news you may have missed this past week.

  • January 13, 2017

    Dewey’s Zach Warren Freed Of Charges Over Firm's Collapse

    Zachary Warren, the sole low-level Dewey & LeBoeuf LLP staffer to fight criminal charges over alleged accounting fraud at the now-defunct law firm, on Friday was released early from the terms of a deferred prosecution agreement, and the indictment against him was dismissed.

  • January 12, 2017

    Attys Allowed To Give Advice On US Sanctions, Feds Say

    American attorneys are allowed to advise foreign clients about U.S. sanctions law, the Department of the Treasury said in a clarification Thursday.

  • January 12, 2017

    KWM Real Estate Outpost Grabbed As Administration Looms

    As King Wood & Mallesons moves ever closer to entering administration, Bircham Dyson Bell has scooped up one of the firm’s offices in Cambridge along with its nine real estate attorneys, adding to the steady stream of KWM lawyers who have jumped ship in recent weeks.

  • January 12, 2017

    Law360's Weekly Verdict: Legal Lions & Lambs

    A victory at the Federal Circuit for Comcast in its brawl with Sprint over fiber optics patents earned Davis Polk & Wardwell LLP and Winston & Strawn LLP spots on this week’s legal lions list while Holland & Hart LLP and Hale Lane Peek Dennison and Howard became legal lambs after a judge sanctioned them for making “frivolous” filings while representing geothermal power plant operators in a Clean Air Act lawsuit.

  • January 12, 2017

    Law360 Closed For Martin Luther King Jr. Day

    The offices of Law360 will be closed Monday for the Martin Luther King Jr. holiday. Newsletter service will resume Tuesday, Jan. 17.

  • January 11, 2017

    SEC, NY DA Fight Dewey Trustee's Bid To Destroy Records

    The U.S. Securities and Exchange Commission and the New York District Attorney’s Office asked a bankruptcy judge in separate filings on Wednesday to block the liquidating trustee in the Dewey & LeBoeuf LLP bankruptcy from disposing of documents needed in civil and criminal lawsuits against officers and employees of the defunct law firm.

  • January 11, 2017

    Sedgwick Partner Taps Sanford Heisler In $200M Bias Row

    Sanford Heisler LLP has been hired as new lead counsel in a Sedgwick LLP partner’s proposed gender discrimination class action against her firm, charging out of the gate Wednesday by filing an amended complaint in arbitration that adds fresh allegations and a $200 million request for damages.

  • January 11, 2017

    Morgan Lewis Atty Steps Into Spotlight With Trump Plan

    Morgan Lewis & Bockius LLP tax partner Sheri Dillon made a running leap Wednesday into the mainstream consciousness when she spoke to the American public at Donald Trump’s latest press conference, addressing the president-elect’s potential conflicts of interest.

  • January 11, 2017

    BigLaw Attys, GCs Oppose Sessions As Attorney General

    Lawyers from Weil Gotshal & Manges LLP and Sutherland Asbill & Brennan LLP, a former federal judge and 100-plus other attorneys and general counsel have told lawmakers that Sen. Jeff Sessions should not be confirmed as U.S. attorney general because his record suggests he would neglect civil rights laws.

  • January 11, 2017

    DLA Piper, Goodwin Big Talent Winners As KWM Struggles

    Goodwin Procter LLP on Wednesday announced that it has taken on six partners, along with 20 associates and trainees, from King & Wood Mallesons’ European unit, the latest in a long string of departures that have picked up steam in recent weeks as the struggling global law firm bleeds talent.

  • January 11, 2017

    Trump Says Supreme Court Pick Coming Soon

    President-elect Donald Trump said during his press conference Wednesday that he plans to put forward his pick for the long-empty ninth seat on the U.S. Supreme Court within two weeks of taking office.

  • January 10, 2017

    Chadbourne Bid To Scrap Bias Suit 'Premature,' Attys Argue

    Chadbourne & Parke LLP's bid to scrap a $100 million proposed class action lodged by two female partners alleging gender discrimination is “premature,” since the women have yet to receive information to dispute the assertion they're not entitled to sue, according to their Monday filing in New York federal court.

  • January 10, 2017

    KWM Delays Appointing Administrator As More Partners Flee

    The struggling European and Middle East arm of King & Wood Mallesons has postponed a decision on whether it will enter administration for an additional 10 days, a firm spokeswoman confirmed Tuesday, filing a court notice announcing the delay following a continuing partner exodus.

  • January 10, 2017

    The Skill Associates Need Today They Didn't 10 Years Ago

    The role of BigLaw associate is shifting and growing as the legal sector experiences an onslaught of new competition, according to industry experts who say market forces are driving young attorneys to fill new shoes and metamorphose into more than simply stellar legal practitioners.

Expert Analysis

  • Avoiding The Hidden Costs Of Bargain-Priced E-Discovery

    Michael Cousino

    Many organizations are interested in finding electronic discovery partners who offer tantalizingly low prices for electronic discovery services. However, unforeseen gaps, lax security practices, ignorance of global practices and delayed deliverables can all add up to a surprisingly large final cost, says Michael Cousino of Epiq Systems.

  • My Strangest Day In Court: When The Witness Died

    Tom Melsheimer

    Just before walking into court to begin jury selection, I learned from the case agent that a key witness had been found dead over the weekend. During the trial, it was not easy to keep the murdered witness out of my mind, especially with the defendant icily staring at me every time I got up to speak, recalls Tom Melsheimer of Fish & Richardson PC.

  • Saving Lawyers 1 Breath At A Time: Mindfulness In The Law

    Jennifer Gibbs

    As critical as lawyers are to society, they are reported to be the most frequently depressed occupational group in the United States. In response to the inherently stressful nature of the practice of law, more and more lawyers are turning to an ancient contemplative practice called “mindfulness,” says Jennifer Gibbs of Zelle LLP.

  • Understanding How Blockchain Could Impact Legal Industry

    R. Douglas Vaughn

    Blockchain is essentially a computerized public ledger that can apply to almost anything that a person might save into a database or spreadsheet. This versatile technology may enhance the legal industry by providing an improved record keeping system, setting up "smart contracts" and tracking intellectual property and land records, say R. Douglas Vaughn and Anna Outzen of Deutsch Kerrigan LLP.

  • Law360 Seeks Questions From Law Firm Associates

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    Is there something you have always wanted to know from a law firm partner's perspective — but were afraid to ask? A new Law360 column may have the answer.

  • Talking 'Bull': Episode 10, E.J.

    Roy Futterman

    In this weekly column, real-life New York City jury consultant and psychologist Roy Futterman parses fact from fiction in "Bull," the new TV series airing on CBS about a fictional NYC jury consultant/psychologist. Spoiler alert ...

  • Be Prepared For Law Firm Data Breach Litigation

    Scott Vernick

    The April 2016 leak of "Panama Papers" documents from law firm Mossack Fonseca removed any doubt that the threat of cyberattacks against the legal industry is more than hypothetical. While the case law on law firm data breach litigation has largely yet to be written, there are certain fundamental tenets worth reviewing, say Scott Vernick and Peter Buckley of Fox Rothschild LLP.

  • 7 Legal Industry Predictions For 2017

    Haley Altman

    Since 2008, the legal relationship dynamic has consistently evolved, leading clients to demand more "value" for services received. In 2017, investment in and adoption of new technology and prioritizing cybersecurity will lead to an increase in billable hours and shifts in realization rates, says Haley Altman of Doxly.

  • 6 Key Commercial Litigation Finance Trends For 2017

    Ralph J. Sutton

    With commercial litigation funding gaining acceptance throughout the U.S., law firms and corporations are investigating how they can benefit from the capital that funders provide, and which criteria they should use in selecting a funder. Ralph Sutton, chief investment officer of Bentham IMF, discusses several major trends to watch in 2017.

  • 5 Ways To Fight Costlier Legal Malpractice Claims In 2017

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    There are a number of concrete, practical steps that law firms can take to address the high cost of defending legal malpractice claims, both before and after a claim is made, says Richard Simpson, a partner with Wiley Rein LLP who serves on the ABA Standing Committee on Lawyers’ Professional Liability.