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New York Pulse
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Ethics Guidance Lags Private Equity's Interest In Legal Field
More lawyers are expected to seek guidance on the ethical issues surrounding the growing interest in using managed services organizations to allow private equity investment in law firms, but thus far any input on the model from state ethics committees is in short supply.
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Barnes & Thornburg Adds 35 Ballard Spahr Attys, 3 Offices
Barnes & Thornburg LLP announced Thursday that it has added all 35 public finance lawyers from Ballard Spahr LLP to its government services and finance department in multiple locations around the country, including three new markets in Baltimore, Denver and Phoenix.
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Education Dept. Faces Suit Alleging Double Loan Reporting
The U.S. Department of Education has been causing student loan balances to appear doubled on borrowers' credit reports, a New York resident alleged in a proposed class action filed Wednesday in New York federal court, saying her $150,000 total loan balance was reported at $300,000.
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Crowell & Moring Antitrust Leader Jumps To Sidley In NY
Sidley Austin LLP said Wednesday it had hired the chair of Crowell & Moring LLP's New York antitrust practice.
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Judges' Neutrality Must Extend Beyond Courtroom, ABA Says
The American Bar Association's ethics committee is guiding judges to maintain the same level of neutrality and impartiality in working with court staff that they exercise when presiding in the courtroom, according to its latest formal opinion on Wednesday.
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State High Court Chiefs To Review Law School Accreditation
State supreme court leaders said Wednesday they will conduct a thorough review of law school accreditation practices this year, a move that comes after state justices in Texas and Florida recently ended the American Bar Association's longstanding accreditation monopoly in those states.
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Former SEC Deputy Director Joins Paul Weiss
Paul Weiss Rifkind Wharton & Garrison LLP announced on Wednesday that it has hired a former federal prosecutor who recently stepped down as deputy director of enforcement at the U.S. Securities and Exchange Commission.
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Linklaters Hires Americas COO From A&O Shearman
Linklaters LLP has brought on an Allen Overy Shearman Sterling executive to lead the law firm's operations in the Americas amid a "significant U.S. expansion," the firm announced on Wednesday.
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Benesch Launches State AG-Focused Practice Group
Benesch Friedlander Coplan & Aronoff LLP has launched a practice to bolster its capacity to represent clients across the U.S. in regulatory, enforcement and litigation matters.
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Big Workloads Burning Out Mid-Level In-House Legal Execs
While in-house counsel generally report they are satisfied with their jobs, crushing workloads coupled with shriveling budgets are causing serious burnout among those sandwiched between the top dogs and junior attorneys, experts said.
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4 Tips For Attys To Climb The In-House Ladder
With just over one-third of the lawyers who participated in the In-House Counsel Satisfaction Survey saying they’re satisfied with their advancement prospects, Law360 Pulse spoke with seasoned general counsel about how they advanced in their careers.
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What Lawyers Really Think About Working In-House
Law360 Pulse asked corporate counsel to identify some common misconceptions about working in-house and share their thoughts on the rewards and challenges of their jobs. Here's what they said.
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How Happy Are In-House Attorneys At Work?
Most in-house lawyers remain satisfied with their roles and would choose the career again, but advancement opportunities continue to lag behind other measures of satisfaction, according to a new Law360 Pulse report.
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Paul Hastings Adds Cooley Atty As Life Science Deals Leader
Paul Hastings LLP announced Wednesday that it has tapped a former Cooley LLP partner and onetime Merck & Co. attorney to chair its life sciences transactions team.
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Miles & Stockbridge's Growth Chief Talks Of Expansion Plans
Suzzanne W. Decker, who was recently named chief growth officer at Miles & Stockbridge, joined Law360 Pulse to discuss the firm's focus on expanding its presence in its traditional Mid-Atlantic markets and points further north.
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Connell Foley Debuts Practice, Office With FBT Gibbons Attys
Connell Foley LLP announced Tuesday it is launching a new bankruptcy and restructuring practice group and a new office in Wilmington, Delaware, with the addition of five partners from FBT Gibbons LLP.
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Gemini Parts Ways With CLO Amid Post-IPO Strategy Shift
Winklevoss-led crypto exchange Gemini Space Station Inc. on Tuesday promoted one of its lawyers to interim general counsel as it parted ways with its chief legal officer, just weeks after the platform said it would wind down some international operations and reduce its workforce.
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Barclay Damon Adds RE, Finance Pro From NY Firm
Barclay Damon LLP announced Tuesday that it has brought on a former Underberg & Kessler LLP partner, who the firm says will strengthen "the firm's capacity to serve clients navigating a dynamic and evolving commercial real estate market."
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Arnold & Porter Adds Transactions Partner From Freshfields
Arnold & Porter Kaye Scholer LLP announced on Tuesday that it has hired a BigLaw veteran focused on capital markets and securities transactions for financial institutions who most recently worked for Freshfields LLP.
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Managed Services Organization Opensity Debuts After Merger
A new managed services organization created by the previously announced merger of three legal industry providers, backed by a private equity firm, officially launched on Tuesday.
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Greenberg Traurig Expands With Key Trade Experts
Greenberg Traurig LLP has hired two co-chairs of Foley Hoag LLP's international trade and national security practice, who are joining the firm in New York and Washington, D.C., to work with regulatory counseling matters, sanctions issues and with matters related to foreign investment in the United States.
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NFL Found To Fumble Arbitration Over Bias, Must Go To Court
A class of National Football League coaches will have their day in court after a New York federal judge on Friday denied the NFL its bid to force the coaches' discrimination claims into arbitration because it did not provide a fair and neutral arbitration forum.
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Law360 Pulse Spotlight On Mid-Law Work
Kelley Drye's handling of a $700 million consulting firm acquisition and Atkinson Andelson's and Mitchell Silberberg's dueling complaints in a dispute over the iconic "Ghostface" mask lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Jan. 30 to Feb. 13.
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Law360's Legal Lions Of The Week
WilmerHale and Gillam & Smith LLP lead this week's edition of Law360 Legal Lions, after a Texas federal jury cleared Apple of infringement claims over patents covering 4G wireless technology, in a case that previously led to jury verdicts of $506 million and $300 million.
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Lowenstein Sandler Taps Finance Leader As Managing Partner
Lowenstein Sandler LLP announced Friday that the head of its mortgage and structured finance practice was elected the firm's new managing partner, the first change in the managing partner position in nearly 20 years.
Expert Analysis
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Making Legal Cents: How Law Firms Can Innovate Faster
To meet the demands of an evolving legal market and changing client expectations, law firms must not only embrace innovation, but also find ways to accelerate adoption and mitigate risks in an industry historically resistant to change, says Shireen Hilal at Maior Strategic Consulting.
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Ask A Mentor: How Should Departing Partners Approach Pay?
Sabina Lippman at CenterPeak discusses steps BigLaw partners can take when considering a move or announcing their departure to help navigate tricky compensation issues and remain on good terms with their current partners.
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How 2 Litigators Decided Dad Would Stay Home With The Kids
Jennifer Hoekstra at Aylstock Witkin shares the tough conversations about timing, goals, logistics and values involved in her family's decision that she would build her career as a litigator and law firm partner while her husband stepped back from his own litigation role to stay home with their children.
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Series
My Nonpracticing Law Job: Legal Commentary Ghostwriter
Wayne Pollock at Copo Strategies shares how he went from overworked Am Law 50 associate to owner of a legal thought leadership ghostwriting service, and provides four lessons for anyone who might be considering launching a business within the legal industry.
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Ask A Mentor: As Trials Grow Rarer, How Do I Hone My Skills?
Gary Parsons at Brooks Pierce offers advice for young lawyers seeking trial experience in an environment where fewer cases make it to trial, including how to build their reputations, set their expectations and pick the right firm.
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Talking Mental Health: Managing Depression As A Co. Founder
New Era ADR co-founder Collin Williams discusses his journey navigating a clinical depression diagnosis, how this experience affected his leadership style, and what the legal industry can do to better support attorneys with mental health conditions.
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Series
My Nonpracticing Law Job: Career And Wellness Coach
Tara Rhoades at The Sanity Plea shares how she went from BigLaw partner to legal industry career and wellness coach, and explains how attorneys can use their capabilities, knowledge and professional networks to pursue coaching themselves, or bring refreshed meaning and purpose to their current roles.
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Series
Talking Mental Health: Tackling Stress As A Practice Leader
Constance Rhebergen at Bracewell discusses how she handles the stress of being a practice chair, how sources of stress have changed in the legal industry over the past decade and what law firms can do to protect attorney mental health.
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Making Legal Cents: Engaging A Remote, Evolving Workforce
In the face of a dispersed and changing workforce with Generation Z entering the scene, law firms should consider some practical strategies to revitalize their cultures, provide meaningful mentorship and safeguard their knowledge bases, says Shireen Hilal at Maior Strategic Consulting.
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How Firms Can Effectively Evaluate Their Summer Associates
One of the most effective ways firms can ensure their summer associate programs are a success is by engaging in a timely and meaningful evaluation process and being intentional about when, how and by whom feedback should be provided, say Caroline Cimei and Erica Fine at Shutts & Bowen.
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Series
Talking Mental Health: Life As A Lawyer With OCD
Kelly Hughes at Ogletree discusses what she’s learned in the 14 years since she was diagnosed with obsessive-compulsive disorder, recounting how the experience shaped her law practice, what the legal industry and general public get wrong about the disorder, and how law firms can better support employees who have OCD.
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3 Innovative Ways AI May Be Used In Legal Practice
Excerpt from Practical Guidance
Artificial intelligence tools will increasingly be used by outside counsel to better predict the outcomes of litigation — thus informing legal strategy with greater precision — and by clients to scrutinize invoices and evaluate counsel’s performance, says Ronald Levine at Herrick Feinstein.
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Series
My Nonpracticing Law Job: Librarian
Lisa A. Goodman at Texas A&M University shares how she went from a BigLaw associate who liked to hang out in the firm's law library to director of a law library herself in just over a decade, and provides considerations for anyone interested in pursuing a law librarian career.
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Legal Briefs Can Benefit From Cleaned Up Case Citations
Federal courts have recently been changing the way they quote decisions to omit insignificant details and string cites, and lawyers should consider adopting this practice to enhance the readability of their briefs — as long as accuracy stays top of mind, says Diana Simon at the University of Arizona James E. Rogers College of Law.
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5 Best Practices For Firms Designing DEI Programs
Nikki Lewis Simon, chief diversity, equity and inclusion officer at Greenberg Traurig, discusses best practices — and some pitfalls to avoid — for law firms looking to build programs aimed at driving inclusion in the workplace.