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DIVERSITY SNAPSHOT The Best Firms For Minority Equity Partners
The legal industry is making sluggish gains when it comes to attracting and retaining attorneys of color, but this select group of firms is taking broader strides to diversify at the top.
Audio In Their Own Words: Minority Partners On Reaching The Top
Despite decades of industrywide initiatives, movement up the ladder has stagnated for minority lawyers. Here, five industry success stories tell Law360 about the paths they took and what needs to change in BigLaw.
The Hurdles Facing BigLaw’s Minority Women
We asked BigLaw for data on female minority lawyers for the first time this year, and the results show an industry that is failing to attract and retain them. Here’s a look at the challenges facing these attorneys — and how a few firms are defying the norm.
GCs Tackle Law Firm Culture In Diversity Push
Following an American Bar Association pledge, in-house attorneys are taking a harder line in demanding diversity from their outside counsel, and they're seeking to play a larger role in the workings of the law firms they hire.
Feds Downplay Testimony From Ex-Katten Atty's Loss Expert
Brooklyn federal prosecutors sought to counter a bid by former Katten Muchin Rosenman LLP attorney Evan Greebel to reduce his potential sentence for fraud conspiracy on Monday, asking an expert witness questions that seemed meant to diminish his testimony on legal issues faced by life sciences startups.
Ex-SUNY Prez Tells Jury He Cut Red Tape For 'Buffalo Billion'
Former State University of New York President Alain Kaloyeros denied scheming with developers in a fraudulent end-run around the contracting process in Gov. Andrew Cuomo's "Buffalo Billion" revitalization effort, telling a Manhattan federal jury Monday his goal was to move nimbly on three projects worth $600 million.
Justices Say Resentencing Decisions Need Little Explanation
The U.S. Supreme Court held Monday that judges don't have to provide in-depth explanations of their rationales in resentencing rulings after retroactive changes to the sentencing guidelines that governed their initial decision have been applied, resolving a circuit split on the issue.
Florida Man Wins High Court Battle Over Retaliatory Arrest
The U.S. Supreme Court on Monday ruled that the existence of probable cause for an arrest does not eclipse a claim of retaliatory arrest, giving Fane Lozman — houseboat owner, activist and thorn in the side of the city government of Riviera Beach, Florida — his second win in the nation's highest court.
Judge ‘Troubled’ By Ukraine Hacker-Trader Turncoat’s Lies
A Brooklyn federal judge warned prosecutors Monday to scrutinize a cooperating witness in their case against two men who allegedly traded on draft corporate press releases that were pinched by Ukrainian hackers after the cooperator admitted on the stand to deceiving the government.
No Bail For Fyre Festival Founder After New Fraud Allegation
A Manhattan federal judge on Monday denied bail for William "Billy" McFarland, the 26-year-old music impresario who earlier this year copped to bilking the investors who backed his Fyre Festival in the Bahamas and was arrested less than a week ago on a new allegation of having been involved in phony ticket sales.
Comey Being Investigated On Trump Memos, Watchdog Says
Former FBI Director James Comey is being investigated for passing memos on his meetings with President Donald Trump to the press through intermediaries, U.S. Department of Justice Inspector General Michael Horowitz told the Senate Judiciary Committee on Monday.
Judge Slams DOJ Jury Trial Bid In Ex-Barclays Trader Case
A California federal judge on Monday laid into the U.S. Department of Justice, suggesting it was wasting resources by requesting a jury trial for a former Barclays PLC trader charged with scheming to defraud Hewlett-Packard Co. in a £6 billion options transaction, after the defendant said he’d prefer a bench trial.
High Court Agrees To Review Banker's Copy-Paste Fraud
The U.S. Supreme Court agreed on Monday to review a D.C. Circuit decision finding that an investment banker who copied and pasted his boss' allegedly fraudulent email about an energy investment into a message to clients is himself liable for fraud.
Former State Street Exec Mulls Testifying In His Fraud Trial
A former head of global asset transitions at State Street's Boston headquarters will decide, potentially with less than 24 hours' notice, whether to take the stand this week to rebut charges that he hid millions of dollars in fees from some of the bank's biggest clients, his attorney said in federal court Monday.
Ex-Trucking Co. Execs Charged With $245M Accounting Fraud
The U.S. Department of Justice accused two former Roadrunner Transportation Systems Inc. executives of running a complex accounting and securities fraud scheme that resulted in more than $245 million in losses for shareholders who invested in the publicly traded trucking company.
Texas State Senator Convicted Of Fraud Resigns
A Texas state senator convicted of money laundering, securities fraud and other charges tied to an alleged scheme involving a fracking company announced on Monday that he plans to resign from office, after previously saying he did not plan to step aside despite the conviction.
Alleged Silk Road Adviser To Face Charges In US
A Canadian national who prosecutors say served as a trusted confidante to the founder of the defunct dark web marketplace Silk Road has been extradited from custody in Thailand to face charges in New York federal court.
DOJ Says Ex-CIA Worker Stole, Leaked Classified Docs
The government on Monday accused a former CIA employee of leaking classified national defense information to an outside organization that reports show was WikiLeaks, which had touted the leak as the largest-ever publication of confidential CIA documents.
High Court Says Sentencing Errors Must Be Fixed
Federal appellate courts should correct sentencing mistakes even when the errors do not “shock the conscience,” the U.S. Supreme Court held Monday as it rejected a Fifth Circuit definition of how to examine “plain errors” by lower courts and ruled for a noncitizen convicted of illegal reentry.
4th Circ. Nixes Woman's Removal Order Over Petty Thefts
The Fourth Circuit has tossed a Board of Immigration Appeals' order to remove a Mexican woman based on her convictions for theft, finding that the state statute she was convicted under is broader than the board's definition of deportable crimes involving moral turpitude.
Justices Won't Clarify 'Property Rights' In Tax Fraud Case
The U.S. Supreme Court denied review on Monday of a Fifth Circuit decision upholding a computer salesman’s 42-month sentence for money laundering and mail, wire and tax fraud, rejecting a request to clarify what constitutes “property rights” under those criminal statutes.
Knowledge Lawyers Can Help Firms Stay Ahead Of The Curve
In a profession notoriously averse to change, it should come as no surprise that there is skepticism about the value of having attorneys perform nonbillable tasks. But U.S. law firms have slowly begun to incorporate knowledge lawyers into their operations — and the trend is likely to continue, says Vanessa Pinto Villa of Hogan Lovells.
3 More BigLaw Firms To Tie Associate Salary Bumps
Three BigLaw firms are among a handful of shops that recently said they will match Cravath's increased associate pay scale, which includes a $190,000 starting salary for first-year lawyers. After Kozinski, 7th Circ. Expands Harassment Reporting
The Seventh Circuit announced dramatic changes to the way it’s handling sexual harassment and discrimination complaints from clerks and other employees on Friday, becoming one of the first court systems in the country to overhaul its policies in the wake of allegations against former Ninth Circuit Judge Alex Kozinski. Q&A 15 Minutes With Uber's General Counsel
In a recent interview, Uber General Counsel Tony West discussed some of the ongoing controversies embroiling the ride-hailing giant, how startups at the cutting edge of new industries can best position themselves for long-term success and what changing a company's culture means to him.
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