Promotion rates for women at law firms may be inching up, but in the march toward gender parity in the profession, other sectors of the legal industry are making greater strides, recent data shows.
Women’s recent inroads into the top ranks of law firms are paltry at best, Law360’s Glass Ceiling data shows. A top culprit for the limited progress in gender equality? Implicit bias, experts say.
Law360’s annual Glass Ceiling report again showed little progress has been made in the upper echelons of the legal profession to provide equal opportunities for women.
The U.S. Department of Justice told the judge overseeing the court review of its deal clearing CVS' purchase of Aetna that the hearing scheduled for next month risks leaving the government out of the process.
Alibaba is reportedly mulling listing in Hong Kong, Petrobras is getting close to selling a pair of oilfields, and Nutreco is deep in talks for CJ CheilJedang’s animal feed assets.
The owners of door maker Steves and Sons Inc. have urged a Virginia federal court to issue an injunction blocking Jeld-Wen from pursuing its trade secrets claims in Texas, saying the manufacturer of door skins is trying to relitigate issues that have already been dealt with.
A Delaware vice chancellor acknowledged struggling Tuesday with a proposed class of shareholders' attempt to keep buyer Siris Capital Group LLC in a suit challenging software company Xura Inc.’s $643 million sale in 2016, citing Siris’ earlier escape from a lone investor’s similar claims.
Switchback Energy Acquisition Corp., a blank check company formed by oil and gas industry veterans and private equity investors, said Tuesday it has confidentially filed plans with regulators to conduct an initial public offering.
Ex-Sears CEO Edward Lampert's hedge fund has filed an action against Sears Holding Corp. in New York bankruptcy court claiming the bankrupt retail chain owes it hundreds of millions of dollars for assets it failed to turn over and liabilities it has refused to assume.
Bankrupt home decor retailer Z Gallerie LLC told a Delaware bankruptcy judge that it needs to provide $600,000 in retention and incentive bonuses to two groups of critical employees in order to consummate a $20 million going concern sale of its stores as part of a Chapter 11 plan.
A former Mayer Brown attorney with experience steering fundraising and mergers and acquisitions within the energy sector has joined Jackson Walker's corporate and securities practice as a partner in the firm's Houston office.
Hedge fund Hill Path Capital on Tuesday lifted its SeaWorld stake to 34.5% and secured the right to add directors to the theme park operator’s board, news that comes as Pacific Alliance Group is paring down its holdings in the Florida-based company.
White Star Petroleum LLC filed for Chapter 11 protection in Delaware on Tuesday with plans to restructure roughly $347 million in debt and seek a going concern sale, just days after creditors tried to force the oil and gas exploration company into bankruptcy in Oklahoma.
Canadian bus and aftermarket parts maker NFI Group said Tuesday it has agreed to buy U.K. counterpart Alexander Dennis for £320 million ($405 million), in a Torys and Evershed-led deal that signals NFI’s acceleration toward becoming a global entity.
Global Payments, led by Wachtell, will snap up King & Spalding client Total System in a $21.5 billion, all-stock deal, as mergers and acquisitions activity in the payments area keeps a busy pace.
Our latest survey of the largest U.S. law firms shows the barriers to equality for women increase as they rise up the ranks. Here’s our breakdown of the data from this year’s Glass Ceiling Report.
While the latest Glass Ceiling Report again shows marginal gains for women in private practice, some firms are demonstrably forging a path to parity for female attorneys. Here are the law firms leading the way.
Law360 looks at a dozen gender bias suits against law firms to see where their complaints dovetail — and where they veer apart. Together, the suits offer a window into the top gender equity hurdles facing the legal industry.
Fiat Chrysler, led by Sullivan & Cromwell and Darrois Villey, said Monday it is hoping to merge with Renault to form a $36.5 billion company and the world’s No. 3 global automotive player.
France's competition watchdog gave the green light Friday to online media company Webedia's acquisition of audiovisual production company Elephant after the agency for the first time considered the growing role of so-called influencers on internet and social media platforms.
Six Senate Democrats have called on the Federal Communications Commission and Justice Department to put the brakes on the commission's review of the megamerger between Sprint Corp. and T-Mobile in order to ask for public input on concessions the mobile giants have offered to win federal approval.
In this week’s Taxation with Representation, Nuvei buys SafeCharge for $889 million, Dish Network buys broadcast satellite assets from Echostar for $808 million and Aurubis scoops up Metallo Group for $424 million.
Total SA wants to pocket up to $4 billion through a sale of some of its stake in a Kazakhstan oil field, PT Softex Indonesia is considering going public, and Global Payments is close to snapping up Total System Services in a roughly $20 billion deal.
In our latest roundup of Texas partners on the move, Crowe & Dunlevy PC added a trio of partners in Dallas, Husch Blackwell LLP picked up an appellate partner in Houston and Barnes & Thornburg LLP added a former in-house counsel for an asset management firm to its corporate group.
Delaware’s Chancery Court partially dismissed without prejudice late Wednesday a lawsuit counterclaim seeking to undo the $120 million sale of airline reservation tech firm Radixx Solutions International Inc. in 2016, while allowing an unjust enrichment claim to go forward against the sellers.
A recent Law360 guest article cautioned against the hazards that can stem from pursuing "optimal" diversity, but overlooks the value of paying attention to visible diversity, says Matt Lykken of Potomac Law Group PLLC.
These days, the legal profession offers meager opportunity for oral argument, so we need to focus on being better, brighter, tighter writers. And the key to writing a better brief is grabbing your judge's attention with a persuasive, well-crafted story, says Daniel Karon of Karon LLC.
As the representations and warranties insurance industry has expanded, it is now seriously considering and writing risks that were once considered anathema, such as health care transactions, say David Kuffler of Kaufman Dolowich & Voluck LLP and Brian Thede of Ethos Specialty Insurance Services LLC.
While the D.C. Circuit's decision this week in U.S. v. AT&T will not make it more or less difficult for the government to challenge future vertical transactions, the opinion discusses several important principles related to vertical merger enforcement, say Joel Grosberg and Matt Evola of McDermott Will & Emery LLP.
Prior to launching a carveout transaction process, sellers should consider investing in carveout specific diligence, using the vendor due diligence construct employed in some European transactions as a model, say attorneys at Baker McKenzie.
In this hyper-charged political environment, the last thing an acquirer can afford is unknowingly inheriting a political scandal from the purchase of a portfolio or target company. Zachary Parks of Covington & Burling LLP outlines the pitfalls to avoid during the due diligence process.
We recently hatched a plan to test whether litigators could get blockchain ledger entries into evidence under the existing Federal Rules of Evidence, and we found a federal judge willing to help us, say attorneys Justin Steffen, Andrew Hinkes, Lisa Braganca, Christopher Veatch, Kashan Pathan and Jimmie Zhang.
The U.S. Supreme Court’s upcoming ruling in Emulex v. Varjabedian could have a profound impact on M&A litigation by resolving the circuit split regarding whether Section 14(e) claims require intent to defraud and potentially pushing the plaintiffs bar back toward state courts, say attorneys at Alston & Bird LLP.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature John Yoshimura, chief operating officer at McDermott Will & Emery LLP.
Organizations should seek to avoid discrimination, but they should also be wary of the idea that diverse teams function better than nondiverse teams, because this reasoning lacks evidence and can lead to a slippery slope, says J.B. Heaton of J.B. Heaton Research LLC.
The recent Oxbow Carbon Unitholder Litigation demonstrated many common put valuation issues, but also how an alignment mechanism can foster cooperation despite a highly adversarial relationship, say Kyle Gann and Jason Osborn of Winston & Strawn LLP.
Although the U.S. Securities and Exchange Commission has removed some roadblocks to capital formation, it has not taken a fresh look at special purpose acquisition companies in over a decade — leaving operating companies that go public by merging with SPACs saddled with unnecessary restrictions, says Carol Anne Huff of Kirkland & Ellis LLP.
Presenting a powerful opening statement at mediation plays an important role in achieving success, but you need to reach into your toolbox for more than just a hammer, says Anthony Rospert of Thompson Hine LLP.
Recent case law reveals that courts vary widely in their approaches to shifting the costs and fees incurred in responding to a Federal Rule of Civil Procedure 45 subpoena. Nonparties responding to such requests should consider certain district court trends, say attorneys at Pepper Hamilton LLP.
"Echo of Its Time" is the story of Nebraska’s federal district court from statehood in 1867 to the demise of Prohibition in 1933. Professors John Wunder and Mark Scherer have written an objective, unsentimental and insightful history, layered with context and rich in character study, says U.S. District Judge Laurie Smith Camp of the District of Nebraska.