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New York Pulse
Trying To Keep Pace With SiriusXM's New General Counsel
Seward & Kissel Hires Ex-Arnold & Porter Trusts Pro In NY
Clifford Chance Adds Paul Weiss Exec Compensation Atty In NY
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Seyfarth Names New Leaders Of Corporate, Litigation Groups
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Top Regional Atty At Binance Joins Steptoe White Collar Team
The former legal leader for Binance's Americas region, who also has been in-house with Vimeo and the U.S. Commodity Futures Trading Commission, has transitioned into private practice at Steptoe LLP, the firm said Wednesday, as policymakers work to set rules of the road for cryptocurrency.
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Feds Seek 13 Years In Avenatti's California Resentencing
California federal prosecutors on Wednesday asked a judge to sentence Michael Avenatti to 160 months in prison for tax fraud and stealing from clients, to be served atop the five-year term imposed in a pair of New York cases where Avenatti was convicted of trying to extort Nike and defrauding former client Stormy Daniels
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Media Co. IAC's Legal Chief Saw More Than $5M In 2024
The top lawyer at media conglomerate IAC, which owns companies including People Magazine and Travel + Leisure, saw a bump to $5 million in her compensation package between 2023 and 2024, a recent securities filing shows.
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Mintz M&A Pro Joins Spiro Harrison To Lead Corporate Group
After more than two decades in Mintz Levin Cohn Ferris Glovsky and Popeo PC's New York office, a veteran corporate attorney is moving a little closer to home and joining Spiro Harrison & Nelson's Red Bank, New Jersey, office.
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DLA Piper Adds Morgan Lewis Commercial Real Estate Pro
DLA Piper hired a partner for the firm's real estate practice group, a commercial real estate attorney who joins the firm from Morgan Lewis & Bockius LLP.
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Winston & Strawn M&A Partner Joins King & Spalding In NY
King & Spalding LLP has added a former Winston & Strawn LLP mergers and acquisitions partner to its corporate practice group in New York, the firm said.
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Ice Miller Adds Pair of Business Group Partners In NY, DC
Ice Miller LLP has expanded its business offerings with the addition of two experienced attorneys in Washington, D.C., and New York.
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BigLaw Dreams? These Schools Can Make Them Real
More law school students are finding that a position at a law firm is their preferred landing place after graduation. Here's a look at the choices students are making and the schools that are sending the highest percentage of their students directly to BigLaw.
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The Law School Legal Industry Job Tracker: Class Of 2024
Want to know which schools are sending the highest percentage of graduates to BigLaw? How big a slice are landing those prized clerkships in federal or state courts? Explore the ins and outs of law school graduate placement in our interactive graphic.
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The Top Law Schools For Legal Industry Jobs: A Data Review
A law degree opens up a range of job opportunities, in private law firms, government, business and beyond, the ABA's data shows. Find out which schools came out on top for job placements in BigLaw, federal and state court clerkships, public interest and more.
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Obama Admin Secretary Johnson To Retire From Paul Weiss
Former Homeland Security secretary under President Barack Obama Jeh Johnson is planning to retire from Paul Weiss Rifkind Wharton & Garrison LLP at the end of June, leaving his post as co-chair of cybersecurity at the law firm and taking up a co-chair position on Columbia University's board of trustees, according to a recent announcement.
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SDNY Taps Sullivan & Cromwell Atty To Lead Criminal Division
A former Sullivan & Cromwell LLP partner has been selected to lead the U.S. Attorney's Office for the Southern District of New York's criminal division, according to an announcement made Tuesday.
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OneTaste Execs Used Sexual Meditation For Abuse, Jury Told
A prosecutor on Tuesday told a New York federal jury that OneTaste Inc. founder Nicole Daedone and her top deputy used the company's "orgasmic meditation" practice to manipulate vulnerable women for the leaders' own financial gain, including through coerced sex work, while defense lawyers argued that patrons of the sexual wellness startup were consenting adults who could have left at any time.
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White & Case's Co-Head Of PE Strikes Out On Her Own
Taurie Zeitzer has said goodbye to White & Case LLP just 16 months after joining the law firm as its co-head of private equity, according to an announcement Tuesday by Zeitzer that revealed she is forming her own strategic advisory firm.
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Reed Smith Must Turn Over Docs In $102M Fraud Fight
A New York federal judge on Tuesday determined that since enough evidence existed to show international shipping group Eletson Holdings may have committed fraud in an arbitration over a deal with another entity, Levona Holdings Ltd., the Reed Smith LLP attorneys who represented Eletson at the arbitration must hand over related documents.
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Meet The EDNY Judge In OneTaste Execs' Forced-Labor Trial
The Brooklyn federal judge overseeing the contentious trial of alleged sex cult OneTaste's former leaders that kicked off Tuesday is a seasoned former prosecutor who spent 20 years handling drug trafficking, organized crime and murder cases before joining the bench.
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Sen. Judiciary Panel Clouds Prospects For DC US Atty Pick
It's looking more likely that Ed Martin, nominee for U.S. attorney for the District of Columbia now serving in an interim capacity, will not be confirmed before his short-term status is up.
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Jay-Z Claims Atty Buzbee's Conspiracy Extends To NY Lawyer
Shawn "Jay-Z" Carter expanded his malicious prosecution claims against attorney Tony Buzbee over a rape suit that has since been dropped to also target a New York personal injury lawyer over what the music mogul alleged was a conspiracy to coerce him into paying off their client.
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Ex-Perkins Coie Corporate Partner Joins Dorsey & Whitney
A former Perkins Coie LLP partner whose niche is representing portfolio companies of private equity firms has joined Dorsey & Whitney LLP's mergers and acquisitions group in New York and Washington, D.C.
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Ex-OneTaste Leaders Face Trial On Forced Labor Charges
After nearly three years of bruising pretrial litigation, jury selection began Monday for OneTaste founder and "orgasmic meditation" advocate Nicole Daedone and her former deputy over allegations that they extracted free labor from followers by fostering an abusive environment at the sexual wellness company.
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Long Island Judge Installed As Interim EDNY US Atty
Long Island state court Judge Joseph Nocella Jr. was sworn in Monday as the interim U.S. attorney for the Eastern District of New York, a post he will hold for 120 days, or until the U.S. Senate confirms his nomination by President Donald Trump, the attorney's office announced.
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NJ AG Seeks Public Office Ban For Menendez Over Conviction
Former U.S. Sen. Robert Menendez should be banned from running for, applying for or holding any public office or employment in state or municipal government because of his corruption conviction in federal court last year, Attorney General Matthew J. Platkin told a New Jersey state court Monday.
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Chartwell Adds 23 Attys, New Offices In DC, Maryland, NJ
Chartwell Law Offices LLP has launched three new offices across the mid-Atlantic in recent weeks, as the Pennsylvania-based firm has taken on more than 20 attorneys since the start of the year.
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Proskauer Adds 2 Finance Partners From A&O Shearman
Proskauer Rose LLP has added two former Allen Overy Shearman Sterling partners for its growing global finance practice in New York, the firm announced Monday.
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2nd Circ. Finds Lack Of Atty At Hearing Not Basis For Appeal
The Second Circuit said Monday that a former IT worker at an unidentified New Jersey law firm who pled guilty to fraud had no right to a court-appointed attorney under the Sixth Amendment for a postjudgment hearing over substituting an asset to satisfy a forfeiture order.
Expert Analysis
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The 10-Min. Rule For Building A Business Development Habit
Many lawyers assume that becoming a rainmaker requires a significant investment of time and effort, but the truth is that building a consistent habit of business development can start with just 10 minutes of strategic outreach a day, says Paul Manuele at PR Manuele Consulting.
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5 Pointers For Firm Leaders Communicating Tough Decisions
Certain law firm decisions — such as whether to challenge an executive order — cannot be crowdsourced, but leadership can collaboratively communicate these choices using strategies that build trust, reinforce values and preserve cohesion, says John Hellerman at Hellerman Communications.
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Series
Biz Development Tip Of The Month: Create A Succession Plan.jpg)
Conversations around retirement and succession can be understandably difficult, but when attorneys make a plan for the transition early and effectively, they have the opportunity to not only keep work but also increase it, says Jillian McKenna at Verrill Dana.
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Looking Under The Hood Of The $3,000 Billable Hour
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In recent years, top-tier law firms have pushed hourly rates to unprecedented heights, with some partners commanding $3,000 per hour — but this eye-popping number doesn’t tell the full story, as there are numerous caveats and rigorous winnowing along the way, says Christopher Seck at Squire Patton.
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How Law Firms Can Keep Nonequity Partners Happy
Law firms that successfully manage two-tiered partnership do so by creating a culture that treats everyone with respect and by establishing financial incentives outside their base compensation to reward performance, says Carol Morganstern at Major Lindsey.
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Biz Development Tip Of The Month: Leverage Your Atty Bio
If maintained properly, your firm bio can help attract potential clients and create authentic connections, so it's crucial to take steps to write an updated attorney profile that goes beyond a list of credentials, says Raychel Lean at Reputation Ink.
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Ask A Mentor: How Can I Promote Thoughtful Use Of AI?
Eran Kahana at Maslon discusses how partners can encourage responsible use of artificial intelligence tools within their firms by learning to spot pitfalls common to AI-generated work product and championing firmwide procedures and trainings that address the risks of uncritically relying on this powerful but imperfect technology.
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Making Legal Cents: Firm Culture Is The New Game Plan
Law firm culture is often dismissed as a soft factor — merely platitudes on a website that seem disconnected from the bottom line — but by intentionally embedding a strong culture into day-to-day operations, law firms can achieve sustainable success, says Shireen Hilal at Maior Strategic Consulting.
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5 Questions Firms Must Ask For Successful Lateral Integration
To ensure that lateral partners effectively integrate their books of business, firms should design a structured transition plan based on a few fundamentals, from tracking the right data to implementing meaningful incentives, says Lana Manganiello at Practice Growth Partner.
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Goldilocks Solution: Why The 4-Day Office Week Is Just Right
As law firms continue to wrestle with return-to-office policies, many are being pulled toward one or the other of two extremes: the rigidity of a five-day in-office schedule and the laissez-faire approach of a flexible three-day hybrid model — but a four-day in-office workweek may be the sweet spot, says Paul Manuele at PR Manuele Consulting.
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As Attys Adopt Generative AI, 3 Elements Should Be Cardinal
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Biz Development Tip Of The Month: Prioritize Connections
One reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
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Overcoming US Law Firms' Hesitancy To Enter Indian Market
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
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Biz Development Tip Of The Month: Make A Plan For The Year
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.