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New York Pulse
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At Critical Moment For AI And World, Boards Turning To GCs
In today's turbulent times — especially regarding technology — general counsel are having to brief the board on geopolitical volatility as much as on legal issues, an expert panel told an AI legal conference Wednesday.
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Cleary's Next Managing Partner To Focus On US Growth
A New York-based corporate capital markets attorney is set to take over as Cleary Gottlieb Steen & Hamilton LLP's managing partner at a time when the firm is already on a strong growth trajectory.
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Nadine Menendez Gets 4½ Years In Bribery Case
A Manhattan federal judge on Thursday sentenced Nadine Menendez to 4½ years in prison following her conviction at trial for aiding her husband Bob Menendez's corruption by acting as the go-between for bribe payments made to the former U.S. senator to help further the business and personal interests of three New Jersey businessmen.
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Italian Firm Adds Obama Counsel For Cross-Border Advice
A former senior U.S. Department of Justice lawyer and senior counsel for former President Barack Obama has joined Italian digital media technology and life sciences firm Portolano Cavallo to bolster its cross-border capabilities, it announced Thursday.
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Cadwalader Exits 'Cut Into The Bone,' Spotlight Market Woes
The impending departure of another prominent practice team from Cadwalader Wickersham & Taft LLP is raising questions about the firm's outlook and the struggles of elite midsize law firms in New York.
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Taft Expands Fintech Team By Hiring Lowenstein Sandler Atty
Taft Stettinius & Hollister LLP continued to expand its financial technology practice with the recent addition of an attorney who moved his practice to Taft's New York office after nearly three years with Lowenstein Sandler LLP.
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ABA Task Force Calls On Lawyers To 'Defend Democracy'
Lawyers must do more to promote and protect the democratic process in the United States, the American Bar Association Task Force for American Democracy said in a new report released Wednesday.
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Former Oved & Oved Partner Launches Solo Operation
A former partner at a New York litigation firm announced Tuesday that he is striking out on his own, opening a Manhattan boutique equipped to serve state-run advocacy groups, science and research organizations, fellow attorneys and more.
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Cleary Taps 31-Year Firm Veteran As New Managing Partner
Cleary Gottlieb Steen & Hamilton LLP announced Wednesday that a corporate capital markets attorney who has spent his entire 31-year career at the firm has been elected managing partner.
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Kirkland Adds Fintech Regulatory Partner From McDermott
Kirkland & Ellis LLP has enhanced its fintech regulatory compliance capabilities in New York with the addition of an experienced corporate partner who joins the firm from McDermott Will & Schulte.
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Compass Hires Ex-Cooley, Ex-DOJ Antitrust Atty As CLO
Compass Inc. hired a former Cooley LLP antitrust partner and a former U.S. Department of Justice antitrust attorney as its new chief legal officer, the residential real estate brokerage announced Tuesday.
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Senate Confirms Florida And Missouri Judges
The U.S. Senate confirmed two judges Tuesday, one for Florida and the other for Missouri.
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BDO Seeks To Ditch Bulk Of Ex-Partner's $75M Bias Suit
Accounting firm BDO sought to fend off most of the claims in a $75 million discrimination suit brought by a former tax partner who took leave when her son had a stroke, telling a New York federal court she was not an employee protected by the laws she says the firm violated.
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Goldman Sachs GC Denies Playing Role In Epstein Estate
A day after newly released documents related to Jeffrey Epstein listed Kathryn Ruemmler as a backup executor on the sex offender's will, Ruemmler, the top lawyer for Goldman Sachs, said on Tuesday that she had "never served in any capacity relating to the estate."
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McCarter & English Hires Ross Law Group Name Partner
The name partner of a securities and corporate boutique, alongside a former partner and associate, have moved their practices to McCarter & English LLP to continue representing clients in a range of corporate matters, the firm announced Thursday.
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PE Firms Leap Into MSO 'Frontier' For Slice Of Legal Industry
Managed services organizations are quietly gaining ground in the U.S. legal industry as private equity companies eye the use of MSOs to overcome rules against fee sharing and nonlawyer ownership of firms, but critics warn that such a shift could open up an ethical Pandora's Box.
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NY AG James Hires Munger Tolles For Federal Probes
New York Attorney General Letitia James recently retained top attorneys at Munger Tolles & Olson LLP amid ongoing federal investigations related to her office's past cases against the Trump Organization and the National Rifle Association.
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2nd Circ. Allows NY AG To Curb Nonprofit's Debtor Coaching
The Second Circuit vacated a lower court order that prevented New York Attorney General Letitia James from stopping a bankruptcy education nonprofit from advising low-income debtors Tuesday, saying that while the state's unauthorized practice of law statutes regulate speech, they are content neutral and should be reviewed under intermediate scrutiny.
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Barclay Damon Launches Multidisciplinary Pharmacy Team
Barclay Damon LLP on Tuesday announced the launch of a multidisciplinary pharmacy team to represent pharmacies, wholesalers and related clients, with attorneys from groups such as litigation, labor and employment, and bankruptcy.
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4 Possible Factors In Nadine Menendez's Bribery Sentence
The New York federal judge tasked with sentencing Nadine Menendez in the high-profile public corruption case that also ensnared her husband, a once entrenched New Jersey politician, will weigh a higher number of mitigating factors than in the usual criminal case, leaving her ultimate penalty a question mark to legal observers.
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The Diversity Snapshot: By The Numbers
Law firms have steadily but slowly increased the share of attorneys of color over more than a decade, but recently the increases have come at a slower pace. Here's our data dive into representation and inclusion at law firms in the U.S.
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The Diversity Snapshot: Representation In The Ranks
Law360 Pulse's Diversity Snapshot evaluates how firms hire, promote, and retain talent in line with available pipelines, providing a detailed demographic analysis. Here's a more detailed look at the representation of attorneys at the associate and partner levels.
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Equity Partnerships: A Diversity Snapshot Ranking
Diversity at the top ranks of law firms in the U.S. has shifted only incrementally over recent years. But some firms are outpacing their peers and taking demonstrable steps to tap into a wider talent pool.
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The Diversity Snapshot: Benchmarking Law Firms
Law360’s latest Diversity Snapshot ranking suggests that a modest number of firms are keeping up with the potential talent pool. Here's the latest look at how law firms match up against their peers.
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How Lawyers Can Navigate Today's Shifting DEI Landscape
Attorneys looking for firms committed to diversity, equity and inclusion are increasingly relying on informal channels to vet firms, including word-of-mouth, alumni networks, off-the-record conversations and social media, recruiters say.
Expert Analysis
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The Pursuit Of Wellness In BigLaw: Lessons From My Journey
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Jane Jeong at Cooley shares how grueling BigLaw schedules and her own perfectionism emotionally bankrupted her, and why attorneys struggling with burnout should consider making small changes to everyday habits.
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Why We Must Recruit And Advance More Black Prosecutors
Black Americans make up a disproportionate percentage of the incarcerated population but are underrepresented among elected prosecutors, so the legal community — from law schools to prosecutor offices — must commit to addressing these disappointing demographics, says Erika Gilliam-Booker at the National Black Prosecutors Association.
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Series
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Young lawyers overwhelmed with a crushing workload must tackle the problem on two fronts — learning how to say no, and understanding how to break down projects into manageable parts, says Jay Harrington at Harrington Communications.
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A Scientific Path For Improving Diversity At Law Firms
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.
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Series
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In the first installment of Law360 Pulse's career advice guest column, Meela Gill at Weil offers insights on how associates can ask for meaningful work opportunities at their firms without sounding like they are begging.
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Legal Sector Regulatory Reform Is Key To Closing Justice Gap
In order to improve access to justice for those who cannot afford a lawyer, states should consider regulatory innovations, such as allowing new forms of law firm ownership and permitting nonlawyers to provide certain legal services, says Patricia Lee Refo, president of the American Bar Association.
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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.