A BigLaw attorney who was able to move through three major firms while allegedly orchestrating a massive insider trading scheme may have been aided by relatively loose hiring practices for associates that firms may consider strengthening moving forward, recruiting experts told Law360.
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Analysis

Insider Trading Case Shows BigLaw Associate Vetting Gaps

By Chris Villani

A BigLaw attorney who was able to move through three major firms while allegedly orchestrating a massive insider trading scheme may have been aided by relatively loose hiring practices for associates that firms may consider strengthening moving forward, recruiting experts told Law360.

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Fenwick Hit With FTX Suit In DC Over $525M Losses

By Emily Lever

A group of former FTX customers has sued Fenwick & West LLP in federal court in Washington over its work representing FTX from 2018 to 2022, seeking to recover more than $525 million for losses stemming from the cryptocurrency exchange's collapse.

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Sen. Whitehouse Warns Colleagues Of Privilege 'Creep'

By Courtney Bublé

A key Democrat on the Senate Judiciary Committee issued a call to arms to his fellow members about the executive branch chipping away at the committee's oversight authority.

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NYC Bar Endorses Random Audits For Law Firm Accounts

By Emily Sawicki

The New York City Bar Association's Professional Discipline Committee on Thursday threw its support behind a statewide bill to institute a random audit program for law firm financial accounts.

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POLICY & REGULATION

Fla. AG Blasts State Atty Over Lenient Felony Punishments

By Madison Arnold

Florida Attorney General James Uthmeier this week criticized State Attorney Monique Worrell over her application of a Sunshine State law that allows "youthful offenders" to receive less severe punishments, calling her use a "policy of excessive leniency."

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NJ Lawmakers Slam Attacks On Judiciary At State Bar Panel

By George Woolston

A bipartisan panel of New Jersey lawmakers condemned partisan attacks on judges and the judiciary on Wednesday, urging Garden State attorneys to uphold their oath to the U.S. Constitution and the rule of law and to "step back from the keyboard."

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DISCIPLINARY MATTERS

Calif. Judge Admonished For Disparaging Pro Se Litigants

By Emily Sawicki

A California state judge in Los Angeles has been publicly admonished for repeatedly "displaying poor demeanor" toward self-represented small claims litigants, including making disparaging remarks, interrupting litigants and walking out of the courtroom in the middle of proceedings.

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LITIGATION

Insurer Says Denver Law Firm Let $825K Deal Go To Scammer

By Gianna Ferrarin

An insurance defense law firm negligently allowed an $825,000 workers' compensation settlement to be sent to an impostor, forcing Chubb unit Federal Insurance Co. to replace the misdirected funds, according to a complaint filed in Colorado state court.

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Ogletree Fights Atty's Discovery Bid For DQ Push In Bias Suit

By Lynn LaRowe

A Georgia federal court should deny a bid for discovery aimed at disqualifying Ogletree Deakins Nash Smoak & Stewart PC from defending a security company against discrimination claims because the request stems from the plaintiff's lawyer's "personal grievances," the company said Thursday.

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Sills Cummis, Ex-Client Compete To Narrow Malpractice Trial

By Jake Maher

Sills Cummis & Gross PC and the former manager of a rock musician suing the firm for malpractice sought to limit the scope of evidence in an upcoming trial over $1.2 million in damages in motions to a New Jersey state court this week.

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Time For Trial, Judge Says, Nixing DQ Appeal In Generics MDL

By Bryan Koenig

A Pennsylvania federal judge has refused to let generic-drug makers seek Third Circuit intervention in their bid to disqualify the lead counsel for insurers Humana and Molina, concluding the fight would only further delay the long-running case ahead of its first trial in the price-fixing multidistrict litigation.

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8th Circ. Backs Dismissal Of Horse Breeder's Malpractice Suit

By Tom Lotshaw

The Eighth Circuit said a federal judge was right to dismiss a malpractice suit a Minnesota horse breeder brought against Porter Wright Morris & Arthur LLP and one of its former attorneys for mishandling malpractice cases against three other firms.

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Lover's Ex-Wife Fights Sinema's Request For Therapy Notes

By Abigail Harrison

A bid by former U.S. Sen. Kyrsten Sinema of Arizona to unearth notes and communications from a therapist working with her lover's ex-wife should be summarily denied, as the ex-wife, Heather Ammel, told a North Carolina federal court Thursday that the request is a clear overreach.

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IP Atty Gets $4.5M Over Fake Child Abuse Allegations

By Jonathan Capriel

A California state jury has hit the CEO of a sobriety app with a $4.5 million verdict over claims he made a false child abuse report against the mother of his child, a Los Angeles intellectual property attorney, in a bid to secure child support and full custody, according to the counsel for the mother.

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Platinum Execs, Feds Spar Amid $70M Bond Fraud Appeals

By Stewart Bishop

The Second Circuit on Thursday once again weighed the nearly decadelong fraud case against former Platinum Partners executives, which has led to hard-fought trials, convictions, acquittals, appellate reversals and even a presidential pardon, as defense counsel and the government alike argued that a litany of errors demand rectification.

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EXPERT ANALYSIS

Series

Playing Basketball Makes Me A Better Lawyer

My grandfather used to say "I wear your jersey" as shorthand for wholly committing to support someone with loyalty and integrity — ideals that have shaped my life on the basketball court and in legal practice, says Tracy Schimelfenig at Schimelfenig Legal.

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LEGAL INDUSTRY

ABA Section Votes To Scrap Law School DEI Standards

By Emma Cueto

The American Bar Association's legal education section on Friday voted to eliminate its requirements that law schools show a commitment to diversity in their student body in order to remain accredited, a policy that has been under fire since a 2023 U.S. Supreme Court ruling striking down affirmative action in higher education.

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Fed. Circ. Drops A Theme Song, Talks Guest Judges

By Dani Kass

The Federal Circuit's full lineup came together Friday to provide practitioners with insight about their experience sitting on other courts, in a conference where the chief judge dropped the court's first (and only) single.

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Alston & Bird, Banks Sued Again Over $328M Goliath Scam

By Jack Karp

Another proposed class of investors sued Alston & Bird LLP and a trio of financial institutions Friday over their alleged roles in a $328 million cryptocurrency scam orchestrated by Goliath Ventures Inc.

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Fed. Circ. Urges Justices To Reject Newman Suspension Case

By Ryan Davis

The Federal Circuit has urged the U.S. Supreme Court not to hear Judge Pauline Newman's appeal targeting a suspension imposed on her by the court's other judges, arguing that a lower court correctly held that her challenges to the order are not subject to judicial review.

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Law360's Legal Lions Of The Week

By Kevin Penton

Pillsbury Winthrop Shaw Pittman LLP and Haynes Boone lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that federal courts that have sent disputes to arbitration have jurisdiction to confirm or vacate subsequent awards.

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Brief

Colorado Passes Bill Banning Fee Sharing With Nonlawyers

By Emily Sawicki

The Colorado Legislature has approved a bill to bar attorneys and law firms operating in the state from sharing fees and revenue with non-attorney-owned firms, known as alternative business structure firms, making Colorado the latest state to tamp down the practice.

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Girardi Trial Judge Josephine Staton To Take Senior Status

By Ryan Boysen

The California federal judge who sentenced disgraced trial attorney Tom Girardi to prison for wire fraud last year has announced that she'll be taking senior status in the fall, allowing President Donald Trump to appoint her successor.

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Roundup

Balancing The Scales: Justices To Revisit Sentencing Rules

By Orlando Lorenzo

The U.S. Supreme Court will take a closer look at a circuit split over the deference that should be allotted to U.S. Sentencing Commission commentary, and a man convicted in the killing of an infant has been released after 27 years served over evidence that points to pneumonia as the likely cause of death.

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Atty Tied To Trump Pardon Headed For August Extortion Trial

By Stewart Bishop

A New York federal judge on Friday set an August trial date for a South Carolina attorney and lobbyist on extortion charges tied to his work as a purported go-between for people with serious legal troubles seeking clemency from President Donald Trump.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Megan Norcott

The past week in London has seen singer Rita Ora be sued by her management company, the billionaire Gertner brothers file a part 8 claim and Stephenson Harwood lodge a debt claim against a member of the Bulgari jewelry dynasty. Here, Law360 looks at these and other new claims in the U.K.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

PayPal settled with the DOJ to end a probe into what the government agency said was a discriminatory investment program for Black- and minority-owned businesses. Meanwhile, Meta's global head of legal operations during a panel discussion predicted that the billable hour will be the exception — not the rule — in five years. These are among the stories in corporate legal news you may have missed in the past week.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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LAW FIRMS IN TODAY'S NEWS

Alston & Bird

ArentFox Schiff

Ashfords LLP

BPE Solicitors

Baker Botts

Baker McKenzie

Bird Marella

Black & Rose

Brabners LLP

Bradford Andresen

Brown & Crouppen

Brown Gren

Clark Hill

Clement & Murphy

Clyde & Co

Covington & Burling

Cozen O'Connor

Cripps LLP

DLA Piper

DWF LLP

Davis Polk

Dechert LLP

Dorsey & Whitney

Edwin Coe

Fenwick & West

Foley & Mansfield

Foot Anstey

Freshfields

Gibson Dunn

Girard Sharp

Goodwin Procter

Greenberg Traurig

Harrison Goddard Foote

Haynes Boone

Hill Dickinson

Hogan Lovells

Holland & Knight

Joseph Hage

Kasowitz LLP

Kennedys Law LLP

King & Spalding

Kingsley Napley

Kirkland & Ellis

Kline & Specter

Latham & Watkins

Lehman Lee

Leigh Day

Levine Kellogg

Levy Small

Linklaters LLP

Lowey Dannenberg

Meister Seelig & Schuster

Meritz Reddy

Mishcon de Reya

MoloLamken

Morgan Lewis

Morrison & Foerster

Morrison Cohen

Nagel Rice

Ogletree Deakins

Paul Weiss

Penningtons Manches

Pillsbury Winthrop

Porter Wright

Power Rogers

Poyner Spruill

Proskauer Rose

Quarles & Brady

Quinn Emanuel

Reynolds Porter

Ropes & Gray

Rosing Pott

Saxton & Stump

Setfords Solicitors

Shoosmiths LLP

Sidley Austin

Sills Cummis

Skadden Arps

Stephenson Harwood

Taft Stettinius

Umhofer Mitchell

Van Camp Meacham

Venable LLP

Wachtell Lipton

Walker Morris LLP

Weil Gotshal

Wilson Sonsini

COMPANIES IN TODAY'S NEWS

AB Electrolux

ADT Inc.

AXA SA

Allergan PLC

Amazon.com Inc.

American Bar Association

American Civil Liberties Union

Apple Inc.

BMS Group

BSH Hausgeräte GmbH

Bank of America Corp.

Beacon Hill Staffing Group LLC

Black Elk Energy LLC

Boston Scientific Corp.

British American Tobacco PLC

British Broadcasting Corp.

Britvic PLC

Bulgari SpA

C.H. Robinson Worldwide Inc.

Cemex, S.A.B. de C.V.

Coinbase Global Inc.

Consumer Federation of America

Corporate Legal Operations Consortium

Debenhams PLC

Earthjustice

Ethiopian Airlines Enterprise

Google LLC

HSBC Holdings PLC

Humana Inc.

InCloud LLC

Integer Holdings Corp.

Investments Ltd.

JPMorgan Chase & Co.

Johnson & Johnson

Lannett Company, Inc

LinkedIn Corp.

LionTree LLC

Managed Funds Association

Marubeni

MasterCard Inc.

Mediterranean Shipping Co. SA

Medtronic PLC

Meta Platforms Inc.

Microsoft Corp.

Molina Healthcare Inc.

Momenta Pharmaceuticals Inc.

National Interstate Corp.

New Civil Liberties Alliance

New Jersey State Bar Association

New York City Bar Association

Nippon Life Insurance Company of America

OpenAI OpCo LLC

PG&E Corp.

Paypal Holdings Inc.

Perrigo Co. PLC

Pfizer Inc.

Pilgrim's Pride Corp.

Pindrop Security Inc.

Platinum Partners LP

ROC Nation LLC

Renaissance Offshore

Samsung Electronics Co. Ltd.

Sandoz International GmbH

South Carolina Bar

Southeastern University

Stanford University

Suncor Energy Inc.

The Goodyear Tire & Rubber Co.

Thryv Inc.

Tokio Marine & Nichido Fire Insurance Co. Ltd.

Vanliner Insurance Co.

Viatris Inc.

Visa Europe

Watanabe Schwartz

Wells Fargo & Co.

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Commission on Judicial Performance

Colorado Supreme Court

Companies House

Competition Appeal Tribunal

Department for Business, Energy and Industrial Strategy

Equal Employment Opportunity Commission

Financial Conduct Authority

Georgia Department of Labor

Georgia Supreme Court

International Trade Commission

Massachusetts Supreme Judicial Court

National Labor Relations Board

New Jersey Court

Patent Trial and Appeal Board

Pennsylvania Supreme Court

Small Business Administration

U.S. Attorney's Office

U.S. Attorney's Office for the Eastern District of New York

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Education

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the Central District of California

U.S. District Court for the District of Columbia

U.S. District Court for the District of Massachusetts

U.S. District Court for the Eastern District of New York

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Eastern District of Texas

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. Environmental Protection Agency

U.S. Immigration and Customs Enforcement

U.S. Merit Systems Protection Board

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Sentencing Commission

U.S. Supreme Court

UK High Court

UK Intellectual Property Office (IPO)

US Office of Management and Budget

United States District Court for the District of Colorado

United States District Court for the Northern District of West Virginia

United States District Court for the Southern District of Georgia

Yurok Tribe