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Connecticut Pulse
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Beyond Averages: The Under- And Over-Performance Of Firms
Each quarter, Law360 Pulse reports on U.S. law firms' financial results from Wells Fargo and Citibank, often highlighting industry averages. But I wanted to dive deeper into the 2024 year-end results that just came out to dissect the highs and lows of law firm performance last year.
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Approach The Bench: Judge Frederic Block On Resentencing
New York federal Judge Frederic Block has been on a campaign lately, arguing that state court judges should enjoy the same discretion he does to reconsider the sentences of people condemned to spend decades in prison.
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Conn. Judge Flags 'Extraordinary' Error In $10.4M Fraud Suit
A Connecticut appellate judge expressed surprise Monday that for more than five years, two teams of seasoned litigators failed to notice an error on the docket of a securities fraud lawsuit before the mistake led to a judge — and not a jury — hearing the case and issuing a $10.4 million award to investment banking firm FIH LLC.
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Conservative Groups Say ABA Clerk, Intern Programs Illegal
Conservative advocacy groups urged the U.S. Equal Employment Opportunity Commission on Monday to scrutinize the American Bar Association's diversity and internship programs, claiming the organization is committing unlawful discrimination in the name of diversity.
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How Law Firms Are Helping Their Partners Generate Wealth
As U.S. law firms look back at another year of strong profits, many partners are left with a good deal of cash in their bank accounts and little time to think about how to invest it.
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2nd Circ. Orders In-House Counsel Docs In Grand Jury Case
The Second Circuit on Friday ruled that an in-house attorney for a publicly traded company under federal investigation in New York must turn over communications as part of a grand jury investigation under the crime-fraud exception to attorney-client privilege.
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Conn. Trial Firm Partner Seeks Sanctions In Heated Split-Up
Connecticut Trial Firm LLC former co-owner Andrew Garza has asked a Connecticut Superior Court judge to issue sanctions against his former 50-50 partner, Ryan McKeen, accusing McKeen of "misconduct presenting a threat to the administration of justice" in heated litigation over the firm's split.
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Legal Sector Gains 900 Jobs In January Amid Data Revisions
The U.S. legal sector started the year with a modest boost, adding 900 jobs in January, according to preliminary data from the U.S. Bureau of Labor Statistics released Friday following the agency's annual employment data revision that also lifted earlier job figures from the past year.
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Pullman & Comley Escapes Ex-Tech CEO's Legal Ethics Claim
A Connecticut state judge ruled that the former CEO of WorldQuant Predictive Technologies LLC cannot sue Connecticut law firm Pullman & Comley LLC over the loss of $6 million in WorldQuant stock, determining that he should have raised those concerns earlier in the termination process.
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Law360's Legal Lions Of The Week
Lawyers from Latham & Watkins LLP and Proskauer Rose LLP kick off this week's Law360 Legal Lions, with a jury decision ending a $500 million antitrust lawsuit against their clients, U.S. Soccer and Major League Soccer.
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Law360 Pulse Spotlight On Mid-Law Work
Robbins Geller's work on a proposed shareholder class action against an Nvidia supplier and Greenspoon Marder's work on behalf of the maker of an AI-powered grocery service lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Jan. 24 to Feb. 7.
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BigLaw Firms Saw Double-Digit Profit Growth In 2024
Last year was "one of the strongest years on record" for U.S. law firm financial results, according to Citi Global Wealth at Work Law Firm Group head Gretta Rusanow, with a survey by the bank of mostly large law firms showing a 16.6% increase in profits and a 12.3% increase in revenue over 2023.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry kicked off February with another action-packed week as attorneys took on new roles in BigLaw and the Trump administration. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Ex-Conn. US Atty On Melding Public Service, Private Practice
Vanessa Roberts Avery, who recently stepped down as U.S. attorney for the District of Connecticut, rejoined McCarter & English LLP's office in Hartford this week. In a recent conversation with Law360 Pulse, Avery discussed her legal career and reflected on her time as the state's top federal prosecutor.
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Legal Job Satisfaction Up, Less Turnover Expected, Study Says
Legal professionals surveyed reported high job satisfaction at the end of last year, signaling a quieter job market for the legal industry in 2025, according to a new report from recruiting firm Robert Half Inc.
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Kaufman Dolowich Adds 4-Atty Obermayer Team In Conn., NY
Kaufman Dolowich LLP announced Thursday that it added a four-person employment law team based in New Haven, Connecticut, and New York City from Northeast firm Obermayer Rebmann Maxwell & Hippel LLP.
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US Attys To Shift Focus Amid Questions Of Staffing, Politics
The new U.S. attorneys under President Donald Trump's administration will almost certainly shift their offices' enforcement priorities, experts say, but they may also be faced with the impacts of a shrinking federal workforce and a politicized Justice Department, others worry.
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Filing Claims 'Secret Lockout' Led To Conn. Trial Firm Schism
One of the 50-50 partners litigating the dramatic breakup of Connecticut Trial Firm LLC, a personal injury firm known for high-dollar verdicts, has accused his onetime partner of having "plotted a secret lockout" to remove him from the firm, according to a revised derivative complaint filed in Connecticut state court.
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Law Firms Add Marketing Chiefs Amid Biz Development Push
As law firms battle for business in a more competitive market, the new year has seen a wave of chief marketing officer appointments. This shift, experts say, reflects a growing emphasis on strategic leadership and business development, as firms look to differentiate themselves and drive growth.
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Guo Trustee Gets OK To Keep Law Firm Deal Sealed For Now
The Chapter 11 trustee overseeing convicted Chinese fraudster Miles Guo's bankruptcy estate can keep secret for 180 days an adversary proceeding settlement with a New York law firm because similar clawback cases should proceed without being impacted by the terms of the deal, a Connecticut bankruptcy judge has ruled.
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Conn. Atty Sues Client, Lawyer Over State Farm Settlement
A small Connecticut personal injury firm has sued a Bloomfield personal injury attorney and a former client in state court for breach of contract and unjust enrichment, accusing them of failing to hand over a one-third fee from a $35,000 State Farm insurance settlement.
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Former Conn. US Attorney Returns To McCarter & English
Vanessa Roberts Avery, who recently stepped down as U.S. attorney for the District of Connecticut, has returned to her roots as a business litigator at McCarter & English LLP in Hartford, Connecticut.
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For Attys, Problem Gambling Can Mean Betting The Firm
SCOTUSblog founder Tom Goldstein’s bombshell tax evasion indictment puts the renowned appellate lawyer on a long list of attorneys to find themselves in hot water as a result of a gambling habit. And for small firms or solo practitioners, experts say the consequences can be even more dire.
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Attys Seek $1.25M From Shuttered Nursing School Settlement
Attorneys with the Connecticut boutique firm Hurwitz Sagarin Slossberg & Knuff LLC are seeking a 25% cut of a $5 million class action settlement for students whose career paths were sent spiraling by for-profit nursing school Stone Academy's sudden shutdown in February 2023.
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The Top In-House Hires Of January
Legal department moves in the past month included high-profile appointments at Hilton Hotels, the Baltimore Orioles baseball team and the restaurant chain White Castle. Meanwhile, several legal leaders left notable companies, including American Airlines, music streamer Spotify and radio broadcaster SiriusXM.