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The leader of Cahill Gordon & Reindel LLP on Friday confirmed to Law360 Pulse that the firm was approached about potential combinations but dispelled "speculation" this week that it would follow in the footsteps of Weil Gotshal & Manges LLP after several partner departures.
DLA Piper and Bradley Arant Boult Cummings LLP lead this week's edition of Law360 Legal Lions, after a Massachusetts federal judge said she would reduce an $88 million verdict awarded to an Alabama couple in the first bellwether hernia mesh trial against Medtronic subsidiary Covidien LP.
Weil Gotshal & Manges LLP on Friday released information about its plans to wind down firm operations, announcing that a three-member committee has now taken control of firm governance.
The U.S. Supreme Court heard only three arguments this holiday-shortened week, with a potentially far-reaching one, over the government's ability to levy fines via administrative agency courts, stretching for nearly two hours. Here, Law360 Pulse takes a data-driven dive into the week that was at the high court.
Mark Chorazak of Skadden Arps Slate Meagher & Flom LLP has helped usher a new generation of federally regulated banks into the financial services industry, guiding fintech and digital asset companies through complex chartering processes as they seek to bring innovative banking and payment models under federal supervision, earning him recognition as one of the 2026 Law360 Banking MVPs.
David Weinstein of Greenberg Traurig LLP's environmental and toxic tort practice successfully defended Lockheed Martin against $800 million in claims that working near its plant caused birth defects, protected a shopping center from accusations that chemicals from a dry cleaner caused cancer, and secured millions for a developer strong-armed into relinquishing lucrative parking rights, earning him a spot as one of the 2026 Law360 Environmental MVPs.
James A. Harrod of Bernstein Litowitz Berger & Grossmann LLP's securities practice helped retirement systems in Mississippi and Arkansas reach a $175 million preliminary settlement in a class action against hard-drive maker Seagate Technology Holdings and its executives, earning him a spot as one of the 2026 Law360 Securities MVPs.
Christopher Ondeck of Proskauer Rose LLP helped lead the defense of 18 music publishers and their trade organization in their antitrust and copyright battle with social media platform X and secured dismissals, earning him a spot as one of the 2026 Law360 Competition/Antitrust MVPs.
Kevin Orsini of Cravath Swaine & Moore LLP worked on some of the largest and most high-value wildfire litigation in the country in 2026, including litigation over the 2021 Marshall Fire in Colorado, and achieved sweeping results for his clients, earning him a spot among the 2026 Law360 Environmental MVPs.
Adam Rogoff of Herbert Smith Freehills Kramer LLP led Del Monte through its complex sale process in Chapter 11 and advised the state of Connecticut in the more than $1 billion bankruptcy case of Prospect Medical Holdings, earning him a spot as one of the 2026 Law360 Bankruptcy MVPs.
Law firms of all sizes scrambled to restore normal operations on Friday after a global Microsoft 365 outage disrupted Outlook and other key workplace services.
Attorneys say the ubiquitous use of artificial intelligence by clients has put up barriers to resolving cases by giving litigants unrealistic expectations about their claims, introducing inaccurate or irrelevant case law, and making them second-guess their hired legal counsel more often.
A former global managing partner of Morgan Lewis & Bockius LLP who overcame his struggle with alcoholism and went on to become an advocate for addiction recovery is being honored through a new endowed leadership position at the treatment center that helped him turn his life around.
WilmerHale is the latest firm to land Weil Gotshal & Manges LLP attorneys as that firm winds down, hiring the co-leader of Weil's complex commercial litigation practice and another litigator in California.
Sheppard has added a pair of partners in Texas to its sports industry team and its entertainment, technology and advertising practice group, who came aboard from Foley & Lardner LLP.
Norton Rose Fulbright announced Wednesday that it has welcomed the New York-based head of financial services litigation at Crowell & Moring LLP as a partner, saying his hire will bolster its services to corporations, financial institutions and private capital clients.
This was another busy week for the legal industry as attorneys decamped from Weil Gotshal & Manges LLP and the firm's partners voted to dissolve. Test your legal news savvy here with Law360 Pulse's weekly quiz.
The American Arbitration Association urged an Arizona federal court Thursday to toss a proposed class action that accuses the organization of monopolizing the consumer arbitration services market, saying the plaintiff consumers are trying to hold it liable for contracts it never entered into.
Paul Weiss Rifkind Wharton & Garrison has launched a new office in Silicon Valley and its first two partners are Nader Mousavi and Mark Schenkel, prominent corporate dealmakers from rival Sullivan & Cromwell, according to a person familiar with the expansion.
The iconoclastic, prolific and hugely influential U.S. Circuit Court Judge Richard A. Posner is being remembered for a lifetime of relentless advocacy for a more pragmatic approach to the law and a legacy that will ripple through American jurisprudence for decades to come.
Skadden Arps Slate Meagher & Flom LLP will be home to three former Weil Gotshal & Manges LLP private equity, sports and intellectual property lawyers, days after Weil partners voted to dissolve the firm.
McGuireWoods LLP announced Thursday that it has hired a chartered financial analyst from 50 South Capital Advisors LLC, the alternative-investments arm of Northern Trust, to help the firm develop its strategic private markets platform.
Judge Richard Posner died Tuesday at age 87, leaving a legacy as one of the most influential members of the judiciary who never served on the U.S. Supreme Court. Here, Law360 revisits its coverage over the years of the prolific retired Seventh Circuit judge, including interviews with him about his pragmatic approach to the law, his belief that the courts mistreat pro se litigants and his love of felines.
Holland & Knight LLP announced Thursday that it has brought on a financial services attorney from Balch & Bingham LLP who also has more than a decade of in-house experience.
Mark Skerry, a partner in Simpson Thacher & Bartlett LLP's national security regulatory practice, advised on a number of high-profile, high-stakes deals in the past year, including the transfer of TikTok to a U.S.-based joint venture and the Paramount Global-Skydance Media merger, earning him a spot as one of the 2026 Law360 International Trade MVPs.
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The GC's 1st 90 Days: How To Build Credibility With The CFO
Early in their tenure, general counsel can build financial fluency and a strong relationship with the chief financial officer by learning how the company makes money and establishing a teamwide practice of connecting legal’s work to measurable business results, says Delida Costin, former general counsel at Grove Collaborative.
Weil Gotshal's recent wind down shows that a crisis of confidence can occur when attorney departures are interpreted as a firmwide problem, so firm leaders should be prepared to recognize the warning signs, understand who is shaping the story and plan for what may happen next, says Ryan McSharry at Infinite Global.
While the growing trend of private equity investing in law firms by creating management services organizations strongly echoes these funds’ earlier foray into the accounting industry, the different earnings bases of these professions mean that what investors actually acquire and how firms are valued will differ, says Tom Lenfestey at The Law Practice Exchange.
For legal departments competing for strong in-house talent, artificial intelligence strategy has become part of the employer value proposition, and companies should be prepared to explain it with the same rigor they expect from candidates, says Pamela Salling at Major Lindsey.
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Notes From A Partner-In-Charge On Local Office Culture
From encouraging innovation to boosting morale, using community building strategies to nurture a local office identity has multiple benefits for all aspects of a national law firm and its business, says Kate Gallin, leader of Epstein Becker's Boston office.
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Biz Development Tip Of The Month: Curate Your Web Presence
Lawyers can tighten their business development strategy by defining a niche digital presence, translating experience into client benefits in website materials, and using LinkedIn and attorney bios to demonstrate relevant expertise before prospective clients make contact, says Michael Mellor at 742 Advisors.
The American Bar Association recently released the first national study centered on the mental well-being of women lawyers, but their recommendations misidentify why women with access to firm wellness programs are reluctant to use them for therapy, says Annia Raja at Helm Psychology.
As private equity investors increasingly invest in law firms using management services organizations, several Internal Revenue Code principles provide a framework for evaluating market-based pricing terms that respects fee-sharing prohibitions and mitigates investor concerns, says Perry Urken at Ryan.
As the modern mandate for law firm leaders' responsibilities expands to become more untenable, a chairperson’s best work is reflected in teamwide judgment, the next generation's confidence and the firm's ability to act without routing every decision through one person, says Eric Belfi, chairman at Labaton Keller.
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Legal Tech Talks: Centari CEO On Shifting Atty Role
Kevin Walker, founder and CEO of Centari, discusses how new technology can expand access to information, identify issues earlier and allow attorneys to play a more continuous role in helping clients make decisions.
As strategic planning begins for the year ahead, firms must look beyond last year's numbers and ask harder questions about what is changing more broadly, what inside the firm needs to be fixed and what has to be true for the next investment or growth plan to work, says Shireen Hilal at Maior Consultants.
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RFP Reset: In The Age Of AI, Evidence Beats Eloquence
As firms increasingly use artificial intelligence tools to quickly produce highly tailored responses to requests for proposals, polished prose alone tells clients less than it once did, so in-house teams should compare meaningful evidence and measure whether promised value is actually delivered, says Roger Rutkowski at Mercedes-Benz USA.
For managing partners considering outside capital, one potential three-phase path could allow firms to transition from a traditional limited liability partnership to a publicly traded managed services organization structure, provided they keep ethical rules and regulations top of mind, say attorneys at Winston Taylor.
Though initial public offerings may represent the most efficient mechanism for recovering capital as private equity invests in law firm management services organizations, ethics rules, partner runs, shifting regulations and market pressures pose potential challenges, say attorneys at Winston Taylor.
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The GC's 1st 90 Days: How To Listen Before You Lead
For a new general counsel, scheduling conversations with your new team members, the C-suite and the company’s directors — where you can listen intently and strategically — is the fastest way to understand the company's fault lines and dynamics, says Alex Dimitrief, former general counsel at GE and Sotera Health.