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New York Pulse
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Law Firms Struggle To Keep Partners Amid Lateral Boom
The number of lateral moves for associates, counsel and partners seeking greener pastures is outpacing last year, which is both good and bad news for legal employers, according to law firm leaders and search firms.
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Proskauer Hires IP Litigator From O'Melveny In NY
Proskauer Rose LLP announced that it has hired a former O'Melveny & Myers LLP litigator who holds a doctorate in organic chemistry and advises on the full spectrum of intellectual property matters.
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Pillsbury Winthrop Latest Firm Targeted By Data Breach Suit
Pillsbury Winthrop Shaw Pittman LLP on Tuesday was hit with a proposed class action stemming from a data breach the firm says happened in April, adding to the growing litigation firms are facing in the aftermath of cyberattacks.
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Reed Smith Can't Represent Eletson By 'Repeated Incantation'
A New York federal judge on Tuesday rejected Reed Smith LLP's latest effort to intervene on behalf of the purported former owners of international shipping company Eletson Holdings in Eletson's $102 million breach-of-contract litigation with rival Levona, saying the firm can't represent the holding company post-bankruptcy "by repeated incantation."
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Cravath Unveils Associate Bonuses, Multiple Firms Follow
Multiple firms swiftly fell in line Tuesday evening just hours after Cravath Swaine & Moore LLP announced associate bonuses in line with those offered last year, continuing a long tradition of BigLaw firms following Cravath's lead on compensation.
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After Merger, Troutman Pepper Locke Elects 20 New Partners
In its first partner class since the merger of Troutman Pepper Hamilton Sanders LLP and Locke Lord LLP at the beginning of the year, the newly combined Troutman Pepper Locke announced Tuesday it would be elevating 20 attorneys to the firm's partnership in January.
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Law Firms Being Tested With Associate Performance Reviews
Eighty-three percent of U.S. and Canadian associates receive a yearly annual review, but there is room for improvement in how law firms evaluate their attorneys' performance, according to a new study.
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NY AG James Blasts 'Outrageous Conduct' Behind Indictment
New York Attorney General Letitia A. James has told a Virginia federal court to dismiss the U.S. government's indictment of her, calling it "patently unconstitutional" and "outrageous conduct."
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Citing 'Retention Crisis,' New York State's DAs Seek $5M
The District Attorneys Association of the State of New York said in a letter to Gov. Kathy Hochul on Tuesday that its offices across the state are experiencing a "recruitment and retention crisis," requesting $5 million in funding for a program to address it.
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Billable Hours Still Drive Atty Bonuses. Is Change Coming?
The primary factor determining whether a law firm associate receives a year-end bonus is not individual performance, firm performance, or firm citizenship. Instead, it is the number of billable hours they've logged, according to the results of a new survey from Law360 Pulse.
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Client Book Remains Key To Nonequity Partner Pay
The nonequity partner tier is expanding across law firms, but compensation within this group varies widely, ranging from associate-level pay to earnings on par with equity partners. A deciding factor in where they fall on the scale, experts say, is often who brings in the clients.
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A Deep Dive Into Law360 Pulse's Survey Of Law Firm Pay
Most lawyers say they’re satisfied with their compensation— but at firms that are open about pay, satisfaction nearly doubles. Explore our latest analysis of law firm compensation practices and what drives top talent.
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Judge Upholds NY Law Blocking ICE Courthouse Arrests
New York beat back a federal lawsuit challenging the state's policy barring immigration officials from arresting people near its courthouses, after a federal judge rejected the U.S. Department of Justice's preemption claims.
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Perkins Coie's Trump Fight Doesn't Scare Off UK Suitor
Perkins Coie LLP's ongoing fight with the Trump administration did not deter a proposed combination with British law firm Ashurst, signaling that the legal community is not worried about fallout from the president's suspension of the firm's security clearances.
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Davis Polk Hires Sports Leader In New York From Proskauer
Davis Polk & Wardwell LLP announced that its mergers and acquisitions group has added a former Proskauer Rose LLP attorney who will also lead the firm's sports practice.
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Shell Asks NY Court To Approve Challenge Of LNG Arbitration
Oil and gas giant Shell is urging a New York state court to vacate an international arbitration award issued to a liquefied natural gas firm, saying the arbitral hearing revealed that the American producer and exporter withheld key documents in the parties' fight over LNG cargo shipments.
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Law Firm Growth Driven Mostly By Rate Increases In 2025
Increasing demand and especially rising billing rates have made for a strong first nine months of 2025 for the legal industry, according to a report released Monday by Wells Fargo's Legal Specialty Group, with the top 50 firms by revenue seeing the best performance.
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Women Joining Boards Dips As Transparency Plunges
Public reporting on the race and gender of board members is plummeting across corporate America, as the number of women directors starts to decline and racial diversity plateaus, according to a new report from The Conference Board.
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UK Firms Drive Transatlantic Appetite For M&A Dealmaking
The merger announced Monday between British legal giant Ashurst LLP and American law firm Perkins Coie LLP is the latest in a spate of deals driven, in part, by an appetite among global firms to gain a strong presence in the U.S.
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Fired Atty Says Debevoise Can't Force Arbitration Of ADA Suit
An attorney who accused Debevoise & Plimpton LLP of unlawfully refusing to rehire him because he took protected medical leave has urged a New York federal court not to dismiss his suit or send it before an arbitrator, arguing an arbitration provision in an earlier settlement does not apply to new claims.
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Ashurst, Perkins Coie To Form $2.7B Giant In US-UK Deal
The U.K.'s Ashurst LLP and U.S.-based Perkins Coie LLP said Monday that they have agreed to merge to form a new firm with combined revenue of $2.7 billion, the latest in a string of transatlantic law firm tie-ups.
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Law360 Pulse Spotlight On Mid-Law Work
Potter Anderson's representation of Pfizer in a suit against Novo Nordisk and Burr & Forman's work on a $500 million joint partnership lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Oct. 31 to Nov. 14
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McDermott Leads Firms Riding PE Wave To Choppy Waters
McDermott Will & Schulte's confirmation that it is considering taking investment from private equity is part of a wider wave of law firms of all sizes actively exploring the novel maneuver amid mixed opinion as to whether it makes sense for BigLaw.
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McGlinchey Stafford Names 4 New Firm Leaders
McGlinchey Stafford PLLC announced that it has made four internal promotions to leadership positions, including chief information officer and three newly created roles.
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Northern NY US Atty To Defend DOJ In Maurene Comey Suit
The U.S. attorney's office for the Northern District of New York has agreed to defend the U.S. Department of Justice against a lawsuit from former FBI Director James Comey's daughter over what she calls her illegal firing, that office informed a New York federal judge this week.
Expert Analysis
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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.