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Modern Lawyer
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Axiom Starts Arizona Law Firm, Names Managing Partner
Legal staffing and legal services provider Axiom launched an Arizona-based law firm called Axiom Advice & Counsel, or AA&C, on Monday, months after securing an alternative business structure license from the state.
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Crowell & Moring Taps Ex-OFAC Chief Counsel In Latest Hire
The former chief counsel of the U.S. Treasury Department's Office of Foreign Assets Control and a key architect of U.S. sanctions against Russia has joined Crowell & Moring LLP as an international trade and financial services partner, the firm said Monday.
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Bankruptcy Trustee Allowed To See Docs In UBS Suit
A London court Friday recognized the U.S. bankruptcy of Chinese billionaire Ho Wan Kwok and ordered the law firm handling Kwok's suit against Swiss lender UBS in the English courts to hand over its files to the U.S. bankruptcy trustee.
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GAO Finds Data Holes In Litigation Funding Study
A study of litigation funding markets was forced to leave important questions unanswered because of "data gaps," highlighting the need for additional information from stakeholders, a government watchdog said.
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Buchanan Brings Ex-Commerce Analyst To Int'l Trade Practice
Buchanan Ingersoll & Rooney PC has tapped a former U.S. Department of Commerce analyst to join its emerging international trade and national security practice.
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EY Spinoff Will Open Up World Market To Its Law Leader
Cornelius Grossmann, EY's global law leader, has been busy lately setting up the structure that his legal group will take once it has split away from the Big Four auditing firm. It is a vision that could change the shape of legal services around the world.
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The Supreme Court's Week: By The Numbers
The justices heard arguments in three cases during the short week, weighing whether the U.S. government can criminally prosecute a Turkish bank, a deaf student can sue a school district, and a Guatemalan migrant can challenge an immigration decision in federal court. Here, Law360 Pulse takes a data-driven dive into the week that was at the U.S. Supreme Court.
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Orrick Signs Up For New Space In Portland, Ore.
Orrick Herrington & Sutcliffe LLP has signed a lease for a new 12,339-square-foot office in the 11W building in the West End neighborhood of Portland, Oregon, the building's developer and investor jointly announced.
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Former In-House Disney Atty Rejoins Hogan Lovells In Miami
Hogan Lovells has welcomed back a partner to its disputes practice group in Miami who returned after more than a year as an assistant general counsel advising The Walt Disney Co. on global ethics and compliance, the firm announced Friday.
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Finnegan's Diversity 'University' Returns For Sophomore Year
Finnegan Henderson Farabow Garrett & Dunner LLP is again running a program aiming to get a diverse group of students interested in intellectual property law while still at university.
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Proskauer Blasts Ex-COO For 'Absurd' Data Download Story
Proskauer Rose LLP let loose on its former chief operating officer in a New York federal court filing on Thursday, excoriating him over "ludicrous" explanations for why he downloaded reams of sensitive data to thumb drives just before a planned jump to a BigLaw competitor.
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Perkins Coie Recruits High-Level Treasury Regulator
Perkins Coie has recruited a high-level financial regulator from the Office of the Comptroller of the Currency within the U.S. Department of Treasury to join the firm's investment management practice and fintech industry group, where he'll advise banks, cryptocurrency companies and other clients.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal news keeps rolling in as the second half of January continues, with firms expanding their footprints through mergers and sizable group hires, and hiring prominent former government officials to strengthen their practice areas. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Tax Group Of The Year: Latham
Latham & Watkins LLP's tax practice guided medical records giant Cerner in its $28.3 billion acquisition by Oracle and helped secure a U.S. Supreme Court win in a law firm's day-late challenge to an Internal Revenue Service levy, exemplifying its strengths in both transactional tax and tax controversy, and earning it a spot on Law360's 2022 Tax Groups of the Year.
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Securities Group Of The Year: Wachtell
Wachtell Lipton Rosen & Katz last year successfully fended off Elon Musk's attempt to renege on his promised $44 billion acquisition of Twitter and won a Delaware high court ruling that erased a $690 million judgment for its client, earning the firm a spot on Law360's 2022 Securities Groups of the Year.
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IP Group Of The Year: Patterson Belknap
Patterson Belknap Webb & Tyler LLP won more than $2 billion for a software company that had its trade secrets stolen, prevented a generic version of Janssen's schizophrenia drug Invega Sustenna and cracked down on counterfeit surgical devices, earning the firm a place among Law360's 2022 Intellectual Property Groups of the Year.
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M&A Group Of The Year: Paul Weiss
Paul Weiss Rifkind Wharton & Garrison LLP had another banner year in 2022 representing clients on blockbuster deals, including guiding General Electric Co. in its spinoff into three public companies and advising global investment firm 3G Capital in its $7.1 billion acquisition of Hunter Douglas, earning the firm a spot among Law360's 2022 Mergers & Acquisitions Groups of the Year.
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Employment Group Of The Year: Jones Day
Drawing on a deep bench of legal experts and a reputation for digging into complex employment law issues, Jones Day helped avert a potentially devastating work stoppage for the U.S. railroad industry and secured a win for IBM in a novel COVID-19 expenses class action, landing it a spot among Law360's 2022 Employment Groups of the Year.
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7th Circ. Judge Wood Named American Law Institute Director
Senior U.S. Circuit Judge Diane P. Wood has been appointed director designate of the American Law Institute's Council — the first woman to hold the position at the independent research and advocacy group of judges, lawyers and legal scholars.
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Sullivan & Cromwell Gets Green Light To Rep FTX In Ch. 11
A Delaware bankruptcy judge on Friday approved the appointment of Sullivan & Cromwell LLP — which had come under fire from several directions and from members of Congress — as Chapter 11 counsel for FTX, dismissing arguments by a pair of FTX customers that the firm was conflicted because of its prior work for the cryptocurrency exchange.
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Evisort CEO On How Generative AI Will Change Legal Sector
Generative artificial intelligence that produces text and images is getting a lot of buzz, but what impact will it have on the legal industry? Here, Evisort’s CEO talks about his company’s generative AI and how the technology will change the legal profession.
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New ABF President On Zest For Pro Bono Work, Tribal Law
Senior trial attorney Jimmy K. Goodman is winding down his practice at Crowe & Dunlevy, but he's keeping busy in his new role as president of the American Bar Foundation. Goodman talked to Law360 Pulse this week on his goals for the ABF.
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Calif. Boutique Firm Launches Cybersecurity Practice
Investment management boutique firm Cole-Frieman & Mallon LLP is launching a cybersecurity law practice and bringing back a former partner and cybersecurity expert to head it.
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CFTC Commissioner Says Crypto Attys Failed Customers
The U.S. Commodity Futures Trading Commission's Christy Goldsmith Romero has accused attorneys lured by promises of wealth of failing to speak up when their crypto clients behaved badly, helping to create a "crisis of trust" in the wake of the FTX collapse.
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Ex-Duke Energy Director Joins McGuireWoods In Charlotte
McGuireWoods LLP announced Thursday that a former managing director of regulatory affairs at Duke Energy had joined the firm's energy law practice as a partner in Charlotte, North Carolina.