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New York Pulse
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FRB Makes Its Women's Initiative Official
New York-based Falcon Rappaport & Berkman LLP says that it has officially launched its women's initiative following years of informal existence, a decision it said was timed to recognize Women's History Month.
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Judges Urge Attys To Have Discovery Talks Before Fighting
A pair of Texas judges told attorneys at an American Bar Association Techshow panel in Chicago that they should talk with opposing counsel if they have concerns about relevant data not being produced in litigation before involving the court in the dispute.
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Morgan Lewis Brings On More Tax Pros From Baker McKenzie
Morgan Lewis & Bockius LLP announced Monday it has welcomed a four-member Baker McKenzie team with experience in tax and transfer pricing to the firm's New York office.
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Pillsbury Asks To Toss Suit Over Nonclient Data Breach
Pillsbury Winthrop Shaw Pittman LLP sought dismissal of a consolidated data breach action in New York federal court Friday due to the plaintiffs' alleged lack of relationship with the firm and inability to identify any cognizable damages.
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NY State Lender, Servicer Escape Foreclosure Fraud Claims
A New York federal court has dismissed a proposed class action alleging that a state-run mortgage lender and servicer schemed to inflate interest calculations in foreclosure cases after finding that all the lead plaintiff's claims were time-barred.
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NYC Sheds FDIC's Claim For Silicon Valley Bank Tax Refund
A D.C. federal court said Friday it does not have the authority to order New York City to issue a tax refund sought by the Federal Deposit Insurance Corp. in its capacity as receiver of the failed Silicon Valley Bank.
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Ex-Husch Blackwell CIO Joins Wells Fargo As AI Exec
Blake Rooney, who spent the past eight years as the chief information officer of Husch Blackwell LLP, announced through a LinkedIn post on Friday that he would be joining Wells Fargo & Co. as its artificial intelligence business executive for legal, public affairs and internal audit.
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Polsinelli Hires Practice Head From McDermott In NY
Polsinelli PC has hired a longtime McDermott Will & Schulte LLP attorney to co-lead its special situations and alternative investment practice, saying the move "further advanc[es] the firm's strategic focus on private credit, distressed investing, and complex restructuring matters."
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Law360's Legal Lions Of The Week
The Lanier Law Firm, Kiesel Law LLP, Panish Shea Ravipudi LLP, Wagstaff & Cartmell LLP and Beasley Allen Law Firm lead this week's edition of Law360 Legal Lions, after a California state jury in a bellwether trial found Meta and Google liable for harming the mental health of a woman who says she became addicted to their social media platforms as a child.
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BigLaw Races To Capture Expanding Fund Finance Market
Debt financing work at the fund level has long been dominated on the lender side by attorneys from Cadwalader Wickersham & Taft LLP, Haynes Boone and Mayer Brown LLP, but other firms are increasingly crafting formal practices and poaching fund finance stars from the more established players.
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Simpson Thacher Adds 2 Ex-Kirkland Restructuring Partners
Two former Kirkland & Ellis LLP restructuring attorneys have joined Simpson Thacher & Bartlett LLP as partners in the capital structure solutions practice.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the beginning of spring with another action-packed week as attorneys took on new roles and firms launched offices across the country. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Law360 Pulse Spotlight On Mid-Law Work
Lieff Cabraser's handling of a proposed class action against xAI and Winstead PC's role in establishing a first-of-its-kind infrastructure district lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from March 13 to 27.
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White & Case Staffer Sues Firm Over Nude Photo Ridicule
A White & Case LLP staffer sued the law firm in New York state court Wednesday, alleging the firm's purported "hostile work environment" shielded his colleagues after they allegedly shared nude photos of him, which he claims were taken by his supervisor while he was unconscious at a firm-sponsored party.
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Penny Stock Seller Says SEC Fraud Claim Fails Without Victim
Western Bankers Capital Inc. and the estate of its operator have urged a New York federal judge to grant them an early win in a U.S. Securities and Exchange Commission suit alleging they and others reaped nearly $6 million in illicit proceeds by selling unregistered penny stocks, in part because they say they were a victim of the alleged scheme.
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In-House Counsel Pick Latham As Top Business Developer
A new survey in which general counsel and other in-house decision-makers rank law firms according to how well they help with business development placed Latham & Watkins LLP as number one, followed closely by King & Spalding LLP, Jones Day and Ropes & Gray LLP.
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Nixon Peabody Hires Former Interim US Atty For EDNY
Nixon Peabody LLP announced Wednesday that it has hired a prominent federal prosecutor who spent about two decades with the Department of Justice, including as interim U.S. attorney for the Eastern District of New York.
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King & Spalding Adds White & Case Capital Markets Pro In NY
King & Spalding LLP announced Thursday that it has brought on a former White & Case LLP capital markets attorney as a partner in its corporate practice group in New York.
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Maduro Judge Hints US Should Reconsider Legal Fee Refusal
A Manhattan federal judge suggested Thursday that the Trump administration should revisit its refusal to allow former Venezuelan President Nicolás Maduro to access his country's funds to pay for his defense against narco-terrorism and trafficking charges.
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Law Firm Real Estate Report
Several law firms around the country, including Arnold & Porter Kaye Scholer LLP, Gordon Rees Scully Mansukhani LLP and Winston & Strawn LLP, expanded their footprints this month by either moving into larger offices or entering new markets.
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Akerman Tests 'Moneyball' AI Model For Recruiting Partners
Akerman LLP is testing its own proprietary artificial intelligence tool designed to help the firm's partner recruitment by evaluating whether lateral hires are likely to succeed there.
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Holland & Knight Expands Recently Leased NY Office
Holland & Knight LLP is expanding the Midtown Manhattan office it leased in 2024 with an extra 32,570 square feet as its ranks continue to grow in the Empire State, the firm confirmed Wednesday.
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Ashurst Adds 4 Ex-Bracewell Partners To Finance Practice
Ashurst LLP has announced the addition of a four-partner team in New York to expand its finance and restructuring capacities ahead of a proposed merger with Perkins Coie LLP.
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Susman Godfrey In No Hurry For 2L Hiring
Susman Godfrey LLP announced Wednesday that it is bucking the hyperaccelerated summer recruiting model favored by BigLaw.
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Dechert Adds Paul Weiss Patent Partners In DC, NY
Dechert LLP has hired two Paul Weiss Rifkind Wharton & Garrison LLP lawyers who have backgrounds in life sciences and electrical engineering, the firm announced Tuesday.
Expert Analysis
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Series
Biz Development Tip Of The Month: Start Early In Your Career
Having the courage to embark on your legal business development strategy early in your career allows you to sooner reap the rewards of a strong network, which in turn can increase the momentum of referrals over the course of your career, says Kristin Housh at Sheppard Mullin.
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Enthusiasm Is Legal Leadership Differentiator In AI Era
As the legal profession navigates changes driven by artificial intelligence and broader pressures, leaders should consider behavioral research-backed strategies to translate enthusiasm into tangible results for team performance, say attorneys at King & Spalding.
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Weighing Opportunities, Risks Of PE Investment In Law Firms
Though law firms and private equity firms appear to be strange bedfellows, such combinations may offer opportunities for ailing midsize firms — which must be weighed against risks to culture, brand and growth prospects, say directors at FTI Consulting.
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3 Forces Reshaping The Legal Buyer-Seller Relationship
This year's Buying Legal Council Conference highlighted three emerging forces in how buyers and sellers operate in the legal ecosystem — artificial intelligence, data and preferred panels — and organizations would be well advised to combine them into an integrated framework for transparency, performance and collaboration, says Matthew Prinn at RFP Advisory Group.
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5 Steps For GCs To Drive Generative AI Experimentation
As legal departments face mounting pressure to do more with less, general counsel should lead a structured process for adopting generative artificial intelligence tools to transform productivity, manage risk and align with enterprise priorities, says Maesea McCalpin at Gartner.
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How Attys Can DIY Their Own System For Professional Growth
Amid law firm layoffs of business development staff, lawyers cannot depend solely on their firms to foster their professional growth, and must instead create their own initiatives for building community, says Lana Manganiello at Practice Growth Partner.
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The Augmented Lawyer: In-House, Outside Counsel AI Collabs
As artificial intelligence changes the dynamic between in-house and outside counsel, both internal and external legal teams must thoughtfully reimagine how to mutually leverage AI tools to collaborate and deliver successful outcomes, say Karineh Khachatourian at KXT Law and Diane Honda at Redis.
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Ask A Mentor: How Do I Adjust To In-House After BigLaw?
Sirisha Gummaregula at QuisLex offers advice on navigating the challenges that come with taking on an in-house counsel role after leaving law firm life, including learning your company's business goals and leading with empathy and collaboration.
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Adapting Legal Thought Leadership To An AI World
As potential clients with legal questions increasingly rely on summaries generated by artificial intelligence, attorneys must rethink their content strategy to make sure AI chatbots and search overviews cite their thought leadership, say Ioana Good and Adrien Maines at Promova and Nancy Myrland at Myrland Marketing.
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10 Practical Tips For Attorneys Navigating High-Profile Cases
Complex corporate litigation now often unfolds under the glare of a parallel trial in the court of public opinion, requiring attorneys to adopt a cohesive strategy for legal filings, leadership communications and narrative control, says Monica Smith at Integer PR.
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Series
Biz Development Tip Of The Month: Tailor Your Personal Style
In an industry where competition for clients is fierce, a thoughtful approach to personal style can give you the confidence to walk into any room and own it, the magnetism to make connections that matter, and the tools to highlight your deeper professional values, says Leslie Berkoff at Moritt Hock.
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What GCs Value Most: 7 Tips For Landing The Client Pitch
In today’s competitive legal market, successful attorneys treat the pitch process with general counsel like the beginning of a relationship, not a one-off sale — showing up with curiosity, commercial awareness and the ability to engage in a meaningful way from the start, says Andrew Dick at The L Suite.
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Making Legal Cents: Strategy That Stays In Motion
Instead of lurching between year-end strategic planning season and springtime panic mode, firms need a framework that helps them identify what clients and the market need throughout the year, and then actually adjust course, says Shireen Hilal at Maior Strategic Consulting.
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Roundup
Legal Tech Talks
Company founders, attorneys and other professionals working in the legal tech space share their journeys into the industry, challenges they face when working with law firms and legal departments, and common misconceptions about technology.
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4 Tips For Attys To Turn An Interim Job Into A Long-Term Role
As some attorneys seek interim roles amid economic uncertainty, big-picture thinking and a few proactive steps can help to turn those short-term assignments into long-term positions, says Amy Vanderhoof at Major Lindsey.