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New York Pulse
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McCarter & English Taps Capital Markets Duo For NY Team
Two transactional attorneys specializing in capital markets and corporate securities have recently moved their practices to McCarter & English LLP's New York office from Sichenzia Ross Ference Carmel LLP.
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Dechert Hires 2 Finance Attys From Akin, Milbank
Dechert LLP announced Tuesday that it had hired two attorneys from Akin Gump Strauss Hauer & Feld LLP and Milbank LLP as partners in a move that the firm said "significantly enhances" its capabilities in private funds, rated notes and derivatives transactions.
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BCLP Adds PE Transactions Pro From Golenbock Eiseman
Bryan Cave Leighton Paisner announced the addition of a former Golenbock Eiseman Assor Bell & Peskoe LLP attorney to its corporate transactions practice Monday, touting her work in private equity-backed transactions.
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How Stradley Ronon Defended Against A Novel SEC Suit
Over the two years they spent handling a first-of-its-kind enforcement action by the U.S. Securities and Exchange Commission against two investment fund trustees, attorneys at Stradley Ronon navigated not only the suit's novel nature but also the implications of new Supreme Court precedent before winning a dismissal this month.
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Survey Finds AI May Reshape Billable Hour's Reign In Law
The legal industry's billing practices may soon undergo a seismic shift, as a survey of nearly 300 professionals highlights the growing influence of generative artificial intelligence, with many predicting the end of the billable hour's dominance.
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Fla. Atty Urges Toss Of Sean Combs' $50M Defamation Suit
A Miami attorney urged a New York federal judge to toss Sean "Diddy" Combs' $50 million defamation suit alleging she perpetuated false claims of him sexually assaulting inebriated celebrities and minors on recorded video, saying the complaint fails to state a claim or back up accusations with facts.
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Tax-Lien Biz Atty Tells Jury He Didn't Seek To Dupe Lender
Counsel for a former compliance lawyer accused of pilfering from a $20 million line of credit extended to his tax-lien investment firm told a Manhattan federal jury Monday that the defendant was "sloppy," but never intended fraud.
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Reed Smith's Doc Block Motion 'Hyperbolic,' 2nd Circ. Told
Reed Smith LLP cannot block the new owners of reorganized Greece-based international shipping company Eletson from viewing files already in its possession, the company has told the Second Circuit, arguing the law firm's emergency motion to stop the new owners from accessing the files was intentionally timed to head off anticipated district court rulings.
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NY Judge Wants Atty To Explain Bogus AI Citations
A federal judge wants a New York attorney to explain himself after he potentially used artificial intelligence to write his response to an order she issued concerning his use of AI to write an earlier brief that cited nonexistent cases.
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Bronx Defenders Reaches Tentative Deal To End Strike
The union representing staff attorneys for the Bronx Defenders — one of several member shops of the Association of Legal Advocates and Attorneys that went on strike last week — has reached a tentative contract agreement with their managers.
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FordHarrison Adds Barton, Epstein Becker Employment Pros
Management-side labor and employment law firm FordHarrison LLP announced two new additions Monday, including one partner in Tampa from Barton LLP and another in New York City from Epstein Becker Green.
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Freshfields Adds A&O Shearman Securities Litigator In NY
Freshfields LLP has expanded its litigation leadership and resources with the addition of an Allen Overy Shearman Sterling attorney who joins the firm in New York as co-head of the securities litigation practice.
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Faegre Drinker Adds Another Greenberg Product Liability Atty
Faegre Drinker Biddle & Reath LLP has added another former Greenberg Traurig LLP attorney to its product liability and mass torts team, this time a New York-based counsel who focuses on medical device litigation.
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Judges' AI Orders Keep Trickling In As Fake Citations Persist
A handful of federal judges have issued orders or guidelines this year on the use of generative artificial intelligence in court filings as attorneys continue to get in trouble for submitting legal documents with fake case citations, according to a Law360 Pulse analysis.
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O'Melveny Adds Ex-Latham, McDonald's Public Co. Atty In NY
O'Melveny & Myers LLP announced Monday that a former Latham & Watkins LLP counsel with in-house experience at McDonald's Corp. has joined the firm as a public company adviser and capital markets partner in New York.
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Paul Hastings Boosts Tax Team In NY With Ex-Kirkland Atty
Paul Hastings LLP announced Monday that a former Kirkland & Ellis LLP attorney is bringing her tax practice to its New York office in a move the firm says will bolster its ability to guide clients through complex deals like mergers, acquisitions and private equity transactions.
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Law360 Names 2025's Top Attorneys Under 40
Law360 is pleased to announce the Rising Stars of 2025, our list of more than 150 attorneys under 40 whose legal accomplishments belie their age.
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ArbitralWomen President Takes Up In-House Role At Aramco
The president of ArbitralWomen, an organization focused on increasing diversity in international arbitration, said she has accepted a new position as senior counsel at Aramco, the national oil company of Saudi Arabia.
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Geragos Owes $100K For Role In Nike Extortion, Jury Says
Celebrity attorney Mark Geragos was ordered to pay $100,000 to a youth basketball coach by a Los Angeles jury that found he aided and abetted disbarred lawyer Michael Avenatti in a failed attempt to extort Nike that landed Avenatti with a 2½ year prison sentence.
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NYC Legal Services Strike Continues To Grow
A strike by hundreds of legal service workers in New York City grew even larger on Friday after three more member shops of the Association of Legal Aid Attorneys joined the picket line.
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Law360's Legal Lions Of The Week
Shapiro Arato Bach LLP leads this week's edition of Law360 Legal Lions, after the Second Circuit overturned the conviction of a former HSBC executive accused of defrauding a Scottish oil and gas company in a $3.5 billion currency exchange deal.
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A&O Shearman Partners Launch NY Litigation Boutique
Two A&O Shearman partners have left the firm to launch a new litigation boutique in New York City, they announced this week.
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Poaching Suit Shows Contentious Nature Of Lateral Market
California firm Keesal Young & Logan's suit against Stradley Ronon Stevens & Young LLP for allegedly unfairly poaching a group of its attorneys is not on firm footing, recruiters and consultants say, but still speaks to the importance of trying to leave a firm on good terms when moving jobs.
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NYC Bar Pushes Random Audits To Curb Atty Fund Misuse
Due to an upward trend in attorney trust account violations across the state of New York, the New York City Bar Association's Professional Discipline Committee has asked the grievance committees in the First and Second Judicial Departments to develop a pilot random audit program for such accounts.
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Voir Dire: Law360 Pulse's Weekly Quiz
This was another action-packed week for the legal industry as attorneys took on new roles and law firms expanded their reach. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Expert Analysis
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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.
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Series
Talking Mental Health: Caring For Everyone As A Firm Leader
Reid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.
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How Firms Can Use LinkedIn To Aid Marketing Efforts In 2025
LinkedIn has several features law firms can use to showcase their capabilities and thought leadership to reach prospective and existing clients, including the Event and Live features, says Sofia Millar at Reputation Ink.
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Talking Mental Health: Managing Emotions In Trauma Cases
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Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
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Strategies For Successful Law Firm Mergers In 2025
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.
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Making Legal Cents: Winning More Work In A Crowded Market
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
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Best Practices For Implementing Firm Revenue Cycle Roles
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.
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Tips For Constructing Your Small-Law Exit Strategy
By initiating planning and processes to evaluate personal retirement goals and firm value early, longtime solo practitioners and small-firm owners can unlock a range of possibilities and potential buyers, setting up for a profitable exit and a rewarding transition, says Brent Daub at Gilson Daub.
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Tips For Persuasive Briefs Beyond The Argument Section
When crafting an appellate brief, the focus for most lawyers is the argument section, but other sections also offer strategic opportunities to shape the court's perception of the case and favorably frame the issues, say attorneys at Frost Brown.
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Ask A Mentor: Is Secondment A Good Career Move?
Kate Driscoll at Morrison Foerster suggests six questions to help candidates evaluate whether a secondment will benefit their career.
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3 Trends Reshaping Chief Marketing Officer Appointments
Recent approaches to hiring chief marketing officers demonstrate how firms are reimagining their marketing and business development frameworks to stay competitive and responsive to evolving client needs, says Murray Coffey at M Coffey.
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Talking Mental Health: Working As A Mom Of An Autistic Son
Sarah Kovit Hanna at Assurant discusses how she balances the demands of her in-house role and the support needs of her son, who was diagnosed with autism, as a single mom, and reflects on how the legal industry can better support caretakers of family members who have special needs.
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Ask A Mentor: How Can I Maximize My Pro Bono Impact?
Debbie Berman at Jenner & Block offers advice on how attorneys can make a meaningful impact on their communities through pro bono work while enhancing their professional development through strengthened client-facing skills, hands-on experience and more.
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Opinion
Congress Can And Must Enact A Supreme Court Ethics Code
As public confidence in the U.S. Supreme Court dips to historic lows following reports raising conflict of interest concerns, Congress must exercise its constitutional power to enact a mandatory and enforceable code of ethics for the high court, says Muhammad Faridi, president of the New York City Bar Association.