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New York Pulse
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The Path To $2B Merger Of Herbert Smith, Kramer Levin
Herbert Smith Freehills LLP and Kramer Levin Naftalis & Frankel LLP on Sunday will go live with their planned merger, which will combine 2,700 lawyers and more than $2 billion in revenue from both firms.
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Judge Balks At Trimming Ex-GC's Bias Suit Before Arbitration
A New York federal judge rejected a recommendation to narrow and then send to arbitration a Black former general counsel's suit claiming she was fired from The Palm steakhouse chain out of race bias after her cancer diagnosis, saying the whole dispute needs to go to an arbitrator.
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Sidley Leaders On Firm's Active Lateral Hiring This Year
As of the end of May, Sidley Austin LLP has made 45 lateral partner additions so far this year, outpacing the vast majority of large law firms in lateral hiring as its new executive committee chair Brian Fahrney took the reins this spring.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry ended May with another action-packed week as BigLaw firms expanded practices and attorneys took on new roles. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
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Atty Urges 2nd Circ. To Resurrect Name Feud With Ex-Firm
A lawyer has asked the Second Circuit to revive claims against his former firm, which he alleges used his name and likeness after he was fired, saying a judge's dismissal of those claims ignored the harm he personally suffered and the requirements of the Lanham Act.
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Investors Allege Manhattan Firm Aided $43M Ponzi Scheme
A pair of investors filed suit against New York-based Moritt Hock & Hamroff LLP and two of its former attorneys on Thursday, alleging that the midsize firm and the attorneys, who have since departed for Saul Ewing LLP, lied on behalf of a client who has since been charged with running a $43 million Ponzi scheme.
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Pierson Ferdinand's Latest Growth Spurt Adds 5 Attys
Fast-growing Pierson Ferdinand LLP announced five further partner hires, enhancing its legal capabilities across a variety of nationwide markets in areas such as corporate law, transactions, insurance litigation, commercial litigation and cybersecurity and privacy.
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Law Firm Real Estate Report
May was a month of new markets for several firms as they made their first entries into a handful of notable U.S. cities. They include Carlton Fields, which expanded into Minnesota with a new Minneapolis office staffed by attorneys formerly with Nelson Mullins Riley & Scarborough LLP. And a merger with a Seattle-based firm gave Dickinson Wright PLLC its first office in the Pacific Northwest.
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BakerHostetler Taps Partners To Lead Arbitration Subpractice
BakerHostetler announced Wednesday that it has chosen one of its longtime Washington, D.C., attorneys and a New York attorney who returned to the firm a few years ago from Alston & Bird LLP to co-lead its international arbitration and litigation team's investor-state arbitration subpractice.
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Clifford Chance Hires Investment Funds Partner From Kirkland
Clifford Chance LLP announced Tuesday the hiring of a partner at Kirkland & Ellis LLP for its funds and investment management practice in the U.S., a month after Kirkland picked up an investment funds partner from Clifford Chance.
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Benesch Taps Kramer Levin Talent Chief For Same Role
After a nationwide search, Benesch Friedlander Coplan & Aronoff LLP has hired Kramer Levin Naftalis & Frankel LLP's former chief legal talent officer to lead its recruitment and hiring process.
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Eversheds, William Fry Call Off Irish Merger Talks
Eversheds Sutherland's Irish office will not go ahead with a discussed plan to merge with Dublin-based William Fry LLP, the two firms said Thursday.
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Robinson & Cole Leader On Finding Firm's 'Secret Sauce'
After nearly 35 years at Robinson & Cole LLP, including the past four as managing partner, Rhonda Tobin has learned what makes the firm special — its people. Tobin recently told Law360 Pulse about how integral the firm's people are to its culture and her job, and the challenges of becoming a firm leader in the middle of the COVID-19 pandemic.
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Moore & Van Allen Brings On Entertainment Finance Co-Chair
Carolinas firm Moore & Van Allen PLLC has announced that an experienced finance and mergers and acquisitions attorney has joined the firm from O'Melveny & Myers LLP as the co-chair of its recently launched entertainment finance practice.
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Longtime Scholastic Atty Opens New Chapter As GC
Scholastic Corp. has appointed a new general counsel for the first time in about 17 years, as its longtime top lawyer prepares to retire from the role next week, the children's publishing giant said Tuesday.
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Fried Frank Adds KPMG International Tax Ace In NY
Fried Frank Harris Shriver & Jacobson LLP has hired a KPMG international tax group principal as a tax partner in New York.
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Rate Hikes May Be Masking BigLaw's Financial Vulnerabilities
Revenue and profits have both been on a strong upward trajectory in recent years for large U.S. law firms, but those strides may not tell the whole story when considering factors like inflation and the role that aggressive rate hikes, which some say are unsustainable, have played in the increases.
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Greenspoon Marder Adds Former GC To Hospitality Group
Greenspoon Marder LLP hired a former general counsel and senior vice president for pizza and burger chain Emmy Squared as a partner for the firm's hospitality, alcohol and leisure industry group in its New York City office, the firm announced Wednesday.
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Law Firms Slow To Adopt $225K Associate 1st-Year Salaries
First-year associate salaries of $225,000 may make headlines, but they aren't yet the reality at most law firms surveyed for a new report by the National Association for Law Placement.
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Gibson Dunn Helps 1st-Year Associates Connect With 'Pods'
At the height of the COVID-19 pandemic in 2020, Gibson Dunn & Crutcher LLP launched a unique virtual program to connect first-year associates with other young attorneys in different U.S. offices. Five years later, the “New Associate Pods” program is still going strong.
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Hamilton Miller Tops New Ranking Of Midsize Law Firms
Miami-based Hamilton Miller & Birthisel LLP has topped the inaugural ranking of the leading 200 midsize law firms from legal software provider SurePoint Technologies, which scored firms based on factors such as gender and ethnic diversity, and attorney roster growth.
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OneTaste Co-Founder Tells Jury Of Group's Pressure Tactics
The co-founder and former chief operating officer of OneTaste on Tuesday testified that he and ex-CEO Nicole Daedone manipulated adherents of the sexual wellness company's teachings and described how psychological pressure was used to keep workers in line, as the trial of its former top executive and the head of sales entered its third week.
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Investor Proposals Are Being Excluded At Soaring Rate
Corporate challenges to investors' shareholder proposals have steadily increased 96% since the 2023 proxy voting season, according to a new study that also shows a growing number of those challenges are successful.
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Withers Taps London Trusts And Estates Atty As Next Chair
Withers announced Tuesday that its next chair will be a London-based trusts and inheritance disputes lawyer with more than 25 years at the firm, who is set to assume the role in July.
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WilmerHale Starts FCA Task Force Amid Trump Order Suit Win
WilmerHale announced a new task force Tuesday to represent clients facing threats from a recently launched federal initiative to use the False Claims Act to crack down on antisemitism and diversity, equity and inclusion programs.
Expert Analysis
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Learning How To Code Can Unleash New Potential In Lawyers
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
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Supporting Associates Amid Pandemic's Mental Health Toll
As junior associates increasingly report burnout, work-life conflict and loneliness during the pandemic, law firms should take tangible actions to reduce the stigma around seeking help, and to model desired well-being behaviors from the top down, say Stacey Whiteley at the New York State Bar Association and Robin Belleau at Kirkland.
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The Importance Of Client Engagement In Law Firm Innovation
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
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The Unique Challenges Facing Women-Owned Law Firms
In addition to establishing their brand from scratch, women who start their own law firms must overcome inherent bias against female lawyers and convince prospective clients to put aside big-firm preferences, says Joel Stern at the National Association of Minority and Women Owned Law Firms.
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The Pursuit Of Wellness In BigLaw: Lessons From My Journey
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Jane Jeong at Cooley shares how grueling BigLaw schedules and her own perfectionism emotionally bankrupted her, and why attorneys struggling with burnout should consider making small changes to everyday habits.
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Why We Must Recruit And Advance More Black Prosecutors
Black Americans make up a disproportionate percentage of the incarcerated population but are underrepresented among elected prosecutors, so the legal community — from law schools to prosecutor offices — must commit to addressing these disappointing demographics, says Erika Gilliam-Booker at the National Black Prosecutors Association.
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Series
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Young lawyers overwhelmed with a crushing workload must tackle the problem on two fronts — learning how to say no, and understanding how to break down projects into manageable parts, says Jay Harrington at Harrington Communications.
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A Scientific Path For Improving Diversity At Law Firms
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.
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Series
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In the first installment of Law360 Pulse's career advice guest column, Meela Gill at Weil offers insights on how associates can ask for meaningful work opportunities at their firms without sounding like they are begging.
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Legal Sector Regulatory Reform Is Key To Closing Justice Gap
In order to improve access to justice for those who cannot afford a lawyer, states should consider regulatory innovations, such as allowing new forms of law firm ownership and permitting nonlawyers to provide certain legal services, says Patricia Lee Refo, president of the American Bar Association.
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Perspectives
Judges On Race: The Path To A More Diverse Bench
To close the diversity gap between the judiciary and the litigants that regularly appear in criminal courts, institutions including police departments, prosecutor offices and defense law firms must be committed to advancing Black and Latino men, says New York Supreme Court Justice Erika Edwards.
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The Unique Challenges Of Protecting A Law Firm Brand
Recent law firm trademark disputes highlight how the tension between legal ethics rules and trademark law can make it difficult for firms to select brands that are distinctive and entitled to protection, say Kimberly Maynard and Tyler Maulsby at Frankfurt Kurnit.