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New York Pulse
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Banks, Class Action Admins Ran Kickback Scheme, Suit Says
A group of class action settlement administrators and banks conspired to rip off settlement class members by offering lower bank interest rates in exchange for kickbacks, according to three identical lawsuits filed in three states.
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Barclay Damon Adds Ex-Lite DePalma Bankruptcy Chair
Barclay Damon LLP has added the former chair of Lite DePalma Greenberg & Afanador LLC's corporate, commercial and bankruptcy department to bolster its bankruptcy team and enhance its commercial and corporate litigation services.
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Law360 Pulse Spotlight On Mid-Law Work
Susman Godfrey's selection as the head of multidistrict litigation against Microsoft and OpenAI and Benesch's work on an $800 million public offering on behalf of a longtime client lead this edition of Law360 Pulse's Spotlight on Mid-Law Work, recapping the top matters for Mid-Law firms from May 16 to 30.
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Law360's Legal Lions Of The Week
Clement & Murphy PLLC leads this week's edition of Law360 Legal Lions, after a D.C. federal judge struck down President Donald Trump's executive order targeting WilmerHale.
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Veteran Trucking GC To Lead Autonomous Tech Council
The Council for Economic Resilience, an organization aiming to advance automation and autonomy to drive economic prosperity, has found its new leader in a former acting administrator and chief counsel at the Federal Motor Carrier Safety Administration.
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ABA Leader Says Silence 'Not An Alternative' On Trump EOs
While American Bar Association President Bill Bay says he's seen no shortage of criticism and even threats for publicly opposing the Trump administration's executive orders targeting law firms, he told attendees at an ABA ethics conference that being silent was not a viable alternative.
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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鈥檚 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 鈥� 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.
Expert Analysis
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General Counsel And Legal Ops Must Work Together
It is critical for general counsel to ensure that a legal operations leader is viewed not only as a peer, but as a strategic leader for the organization, and there are several actionable ways general counsel can not only become more involved, but help champion legal operations teams and set them up for success, says Mary O'Carroll at Ironclad.
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How Generative AI's Growing Memory Affects Lawyers
A new ChatGPT feature that can remember user information across different conversations has broad implications for attorneys, whose most pressing questions for the AI tool are usually based on specific, and large, datasets, says legal tech adviser Eric Wall.
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A Model For Optimal Legal Tech Investment Strategy
Legal organizations struggling to work out the right technology investment strategy may benefit from using a matrix for legal department efficiency that is based on an understanding of where workloads belong, according to the basic functions and priorities of a corporate legal team, says Sylvain Magdinier at Integreon.
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Series
My Nonpracticing Law Job: Recruiter
Self-proclaimed "Lawyer Doula" Danielle Thompson at Major Lindsey shares how she went from Columbia Law School graduate and BigLaw employment associate to a career in legal recruiting 鈥� and discovered a passion for advocacy along the way.
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Series
Ask A Mentor: How Do I Balance Social Activism With My Job?
Corporate attorneys pursuing social justice causes outside of work should consider eight guidelines for finding equilibrium between their beliefs and their professional duties and reputation, say Diedrick Graham, Debra Friedman and Simeon Brier at Cozen O'Connor.
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Personality Tests And Machine Learning Applications In Law
Mateusz Kulesza at McDonnell Boehnen looks at potential applications of personality testing based on machine learning techniques for law firms, and the implications this shift could have for lawyers, firms and judges, including how it could make the work of judges and other legal decision-makers much more difficult.
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AI Is Reshaping Lawyering: What To Expect In 2024
The future of lawyering is not about the wholesale replacement of attorneys by artificial intelligence, but as AI handles more of the routine legal work, the role of lawyers will evolve to be more strategic, requiring the development of competencies beyond traditional legal skills, says Colin Levy at Malbek.
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Embrace Active Voice In Legal Writing 鈥� In Most Cases
Legal writers should strive to craft sentences in the active voice to promote brevity and avoid ambiguities that can spark litigation, but writing in the passive voice is sometimes appropriate 鈥� when it's a moral choice and not a grammatical failure, says Diana Simon at the University of Arizona's James E. Rogers College of Law.
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Series
Ask A Mentor: How Can I Help Associates Turn Down Work?
Marina Portnova at Lowenstein Sandler discusses what partners can do to aid their associates in setting work-life boundaries, especially around after-hours assignment availability.
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How AI Legal Research Tools Are Shifting Law Firm Processes
Although artificial intelligence-powered legal research is ushering in a new era of legal practice that augments human expertise with data-driven insights, it is not without challenges involving privacy, ethics and more, so legal professionals should take steps to ensure AI becomes a reliable partner rather than a source of disruption, says Marly Broudie at SocialEyes Communications.
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Data Source Proliferation Is A Growing E-Discovery Challenge
With the increased usage of collaboration apps and generative artificial intelligence solutions, it's not only important for e-discovery teams to be able to account for hundreds of existing data types today, but they should also be able to add support for new data types quickly 鈥� even on the fly if needed, says Oliver Silva at Casepoint.
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Bracing For A Generative AI Revolution In Law
With many legal professionals starting to explore practical uses of generative artificial intelligence in areas such as research, discovery and legal document development, the fundamental principle of human oversight cannot be underscored enough for it to be successful, say Ty Dedmon at Bradley Arant and Paige Hunt at Lighthouse.
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Why I Use ChatGPT To Tell Me Things I Already Know
The legal profession is among the most hesitant to adopt ChatGPT because of its proclivity to provide false information as if it were true, but in a wide variety of situations, lawyers can still be aided by information that is only in the right ballpark, says Robert Plotkin at Blueshift IP.
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Series
Ask A Mentor: How Can I Use Social Media Responsibly?
Leah Kelman at Herrick Feinstein discusses the importance of reasoned judgment and thoughtful process when it comes to newly admitted attorneys' social media use.
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Yada, Yada, Yada: The Magic Of 3 In Legal Writing
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Attorneys should take a cue from U.S. Supreme Court justices and boil their arguments down to three points in their legal briefs and oral advocacy, as the number three is significant in the way we process information, says Diana Simon at University of Arizona.