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New York Pulse
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Ogletree Co-Founder Deakins, 'Beacon Of Wisdom,' Dies At 90
A co-founder of the global labor and employment juggernaut Ogletree Deakins Nash Smoak & Stewart PC died Monday after decades of helping shape the firm's values of honesty and transparency.
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Which GCs Sold Stock In June? Rocket Lab, Broadcom, More
Some legal chiefs used June to spring high-level stock transactions, led by Rocket Lab's Arjun Kampani, who reported $13 million worth of deals. Broadcom's Mark Brazeal earned nearly $9.7 million in stock sales last month, while Erin Kerber of Credit Acceptance Corp. and Paul Mahon of United Therapeutics both reported selling $9 million worth of their companies' stocks.
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Generative AI To Be 'Core Lawyering Skill' At Haynes Boone
Haynes Boone announced Monday that it has launched a firmwide initiative treating generative artificial intelligence as a "core lawyering skill," with workshops at all attorney levels administered by legal learning platform Hotshot.
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Moving Jobs The Norm For Young Lawyers, Survey Finds
Young lawyers continue to be very mobile, with roughly two-thirds of new graduates saying they have already held two or more jobs in a report released Tuesday by the National Association for Law Placement, which also found high levels of job satisfaction and large but decreasing amounts of law school debt.
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Celsius Ex-GC's Ch. 11 Suit Against Other Execs Tossed
A New York bankruptcy judge tossed a former Celsius Network LLC executive's lawsuit that blamed alleged oversight issues at the crypto platform on three other executives, finding that his claims belonged to Celsius and were waived under its Chapter 11 plan.
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Pryor Cashman Adds Simpson Thacher Atty To Litigation Team
Pryor Cashman LLP said Tuesday it has continued growing its litigation group with a longtime Simpson Thacher & Bartlett LLP lawyer, who has represented "some of the most prominent names in private equity and finance," the firm said.
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Former IBM Atty Takes Helm Of Kyndryl's Law Team
IBM spinoff Kyndryl Holdings Inc. said on Monday that it has appointed a longtime senior lawyer at Interpublic Group to serve as its next general counsel, following the abrupt departures of its general counsel and chief financial officer earlier this year in the aftermath of a U.S. Securities and Exchange Commission inquiry.
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Simpson Thacher Adds Energy Tax Partner From Weil In NY
Simpson Thacher & Bartlett LLP announced Tuesday that a former Weil Gotshal & Manges LLP partner has joined the firm's New York office to advise clients on the U.S. tax aspects of energy and infrastructure transactions.
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Kasowitz Sued Over College Antisemitism Settlement Fees
A group of Columbia University students who reached a settlement with the school over alleged antisemitism on campus accused Kasowitz LLP of wrongfully taking over $6 million from the deal and engaging in "self-dealing and misappropriation."
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CS Disco Investors Seek Initial OK Of $11.5M Deal
E-discovery provider CS Disco has reached a nearly $12 million deal with shareholders that would end claims that the company concealed information regarding the sustainability of its rapid revenue growth in 2021 and sexual harassment allegations against its former CEO.
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Summer Lull Fades As BigLaw Partner Hiring Intensifies
A lot has changed in BigLaw recruiting as firm leaders increasingly look strategically to partner hires to add revenue. For instance, the summer lull in hiring is gone, top recruiters say.
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Nadine Menendez's Attys Rebuked For Medical Disclosures
A New York federal judge rebuked Nadine Menendez's attorneys on Monday for publicly filing a request to delay her surrender date that included "extensive intimate details" of her medical condition, calling the disclosure "astonishing" and ordering the parties to refile a redacted version by Wednesday.
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Barnes & Thornburg Adds New COO From Dentons In DC
Barnes & Thornburg LLP has hired the former chief operating officer from Dentons, who has taken over in that position for the firm in Washington, D.C., according to a Monday announcement.
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Partnership Docs Sealed In Clifford Chance Clawback Spat
A federal judge has sealed the partnership agreements that two ex-Clifford Chance LLP practice group heads who jumped to Sidley Austin LLP included in their lawsuit challenging a nearly $6 million clawback demand, after Clifford Chance claimed the tactics put it at a competitive disadvantage.
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Blank Rome Sued Over Breach Allegedly Affecting 57K People
An attorney with Blank Rome LLP was tricked into uploading sensitive files to an external Google Drive account, allegedly exposing private information belonging to more than 57,000 individuals, according to a proposed class action accusing the law firm of inadequate cybersecurity safeguards and delayed breach notification.
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Lowenstein Sandler Hires Another Enviro Atty From Latham
Lowenstein Sandler LLP announced Monday that it has added another former Latham & Watkins LLP attorney to its environmental law and litigation practice.
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S&P Global's Chief Legal Officer To Retire At Year's End
S&P Global announced Monday that its executive vice president and chief legal officer will retire from the company at the end of the year as the company launched a search for his successor.
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DLC Elevates Longtime GC To Combined CFO-Legal Role
DLC, an owner and operator of open-air shopping centers, on Monday said it had named former general counsel Basil Donnelly as its new chief financial, legal and business officer.
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Roc Nation Calls Out Alleged AI Citations In Fat Joe Case Brief
Roc Nation LLC has told a New York federal judge that plaintiff Terrance Dixon's opposition brief filed in a pending Rule 11 sanctions fight should be struck down in part because it includes what the company alleges are fabricated quotations attributed to real judicial decisions.
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O'Melveny Lands Former McGuireWoods Attorney In NY
O'Melveny & Myers LLP announced Monday that it has hired a former McGuireWoods partner who represents financial institutions, broker-dealers, investment advisers and public companies in sensitive government investigations and inquiries.
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Cahill Gordon Private Credit Leader Jumps To Paul Hastings
Paul Hastings LLP has hired the former co-head of Cahill Gordon & Reindel's private credit practice as a New York partner, Paul Hastings announced Monday.
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The Firms That Won Big At The Supreme Court
This U.S. Supreme Court term featured high-stakes oral arguments on issues including presidential power, immigration and voting regulations. Here's a look at the law firms that argued the most cases and how they fared.
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Mass Tort Titan Paul J. Napoli Dies
Paul J. Napoli, an influential plaintiffs attorney who worked on some of the nation's highest-profile mass tort matters in recent decades, died on Tuesday at the age of 58.
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Foster Garvey Names New Managing Principal, Executive Chair
Foster Garvey PC announced Wednesday that as part of the firm's recent wave of leadership appointments, it has named a new managing principal and chair of its executive committee.
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Breaking Down The Vote: The High Court Term In Review
The U.S. Supreme Court's stark ideological divisions were on full display this term, particularly as it issued long-awaited rulings in the last few days of June. Here, Law360 dives into the numbers behind this court term.
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Increasing Public Access To Legal Services: A Practical Plan
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
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Priorities For Improving The Legal Industry In Texas
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
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Leading Your Law Firm's Creation Of A New Practice Group
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
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Series
Ask A Mentor: How Do I Relay Shortcomings To Associates?
Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.
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10 Principles For Effective Partner Reward Systems
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
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Why Interdisciplinarity Is Key To Designing The Future Of Law
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
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Incorporating ADA Guidance Into Lawyer Wellness Movement
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
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Series
Ask A Mentor: How Can New Partners Generate Business?
Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.
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9 Writing Tips From The Justices' Opinions Last Term
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.
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What Web3 Means For Lawyers' Ethical Duties
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
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NY's Cybersecurity CLE Rule Is A Sign Of Changing Times
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
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Opinion
Law Firms Stressing Work-Life Balance Are Missing The Mark
Law firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.
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A Law Student's Guide To Thriving As A Summer Associate
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
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Burnout Prevention Requires Effort From Attys And Firms
To avoid physical and emotional exhaustion, attorneys must respect their own and their colleagues' personal and professional boundaries, but law firms must also play a role in discouraging burnout culture — especially if they are struggling with attorney retention, say attorneys at Lowenstein Sandler.
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How I Owned My Power As An Asian American Woman In Law
Gibson Dunn's Debra Yang shares the bumps in her journey to becoming the first female Asian American U.S. attorney, a state judge and a senior partner in BigLaw, and how other women can face their self-doubts and blaze their own trails to success amid systemic obstacles.