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Puerto Rico is set to adopt new rules allowing nonlawyer ownership stakes in law firms, joining a small number of U.S. states that have relaxed restrictions in recent years.
Kirkland & Ellis LLP has hired a former counsel to a commissioner of the U.S. Securities and Exchange Commission, who moves to the firm's Boston office after more than five years at Goodwin Procter LLP.
Lewis Brisbois Bisgaard & Smith LLP has launched a practice catering to the legal needs of insurance underwriters, product leaders and managing general underwriters and agents, hiring a former executive vice president at insurance broker Willis Towers Watson PLC to co-chair it.
Pillsbury Winthrop Shaw Pittman LLP continues adding to its investment funds team, announcing Monday it is bringing in a Goodwin Procter LLP venture capital expert as a partner in its San Francisco and Silicon Valley offices.
Nicholas Valvanis, the new head of Reed Smith LLP's office in Princeton, New Jersey, joined Law360 Pulse for a conversation about his ideas for attracting talent, his plans for raising the office's profile, and how his transactional practice translates into office leadership.
Perkins Coie LLP, which successfully fended off President Donald Trump's executive order targeting the firm, has reportedly laid off roughly 5% of its professional staff this month, and attributed the reductions to the firm's strategic realignments following a yearlong review of its business operations.
Litigation funders are in panic mode over a provision in the massive federal spending bill that would impose a 41% punitive tax on the $16 billion industry, with one executive calling it a "kill shot" and an academic warning it amounts to "unprecedented" weaponization of the U.S. tax code.
King & Spalding LLP announced Monday it has rehired a former special matters and government investigations partner who left three years ago for the U.S. Department of Justice's Office of Legislative Affairs, where he most recently was a deputy assistant attorney general.
Quinn Emanuel Urquhart & Sullivan LLP announced Monday that it has become the latest major law firm to launch a state attorneys general practice group amid increasing activity from these offices, tapping two alumni of the public sector to lead the new team.
A former Haynes & Boone LLP attorney has returned to the firm's New York office as a real estate finance partner after leaving for three years to become a vice president on Goldman Sachs' real estate investment team.
Weil Gotshal & Manges LLP announced Monday the hiring of a partner at Akin Gump Strauss Hauer & Feld LLP as a tax partner out of Weil's New York office.
Morgan & Morgan has added a former assistant U.S. attorney for the Southern District of Florida to handle automobile injury cases in its Miami office.
Skadden Arps Slate Meagher & Flom LLP has hired a pair of former White & Case LLP energy and infrastructure partners to its corporate practice in Houston, the firm said Monday.
Reed Smith LLP announced Monday that it has elected global managing partner Casey Ryan to a new four-year term.
The former global co-head of Sidley Austin LLP's white collar defense and investigations practice has joined an ex-white collar partner from Covington & Burling LLP to launch a boutique litigation firm based in New York.
The D.C. Circuit affirmed Morrison Foerster LLP's win in a lawsuit from a Black lawyer who did contract work for the firm, ruling Friday that he hadn't provided enough details to draw parallels between him and white colleagues he said received opportunities and privileges he was denied.
The U.S. Supreme Court issued 11 decisions this week, including a high-profile one upholding Tennessee's ban on transgender care for minors and several dealing with federal agency decisions concerning environmental disputes. Here, Law360 Pulse takes a data-driven dive into the week that was at the U.S. Supreme Court.
O'Melveny & Myers LLP announced major changes in leadership throughout the firm Friday, naming a new firm vice chair, announcing new leaders for five major practice groups and selecting new managing partners at seven offices including its flagship location in Los Angeles.
Kirkland & Ellis LLP has chosen a veteran of the private equity field with a work history at EIV Capital LLC, Ares Management and Blackstone and decades of experience in the energy sector as its first chief operating officer.
Norton Rose Fulbright has expanded its tax insurance underwriting offerings in the nation's capital with the addition of a partner from Holland & Knight LLP.
Boies Schiller Flexner LLP pushed back on a bid to disqualify the firm in a Florida state court case between pharmaceutical mass tort firms and their former counsel, in which Boies Schiller is both representing itself as a defendant and its co-defendants, arguing there is no conflict because all their defenses are the same.
From sharing details about being part of the first class of female graduates at Washington and Lee University School of Law to explaining how a middle-school teaching job led to obtaining a law degree, five commencement speakers — all current or former general counsel — recently shared their wisdom for the next generation of attorneys.
WilmerHale leads this week's edition of Law360 Legal Lions, after the Federal Circuit vacated a $300 million patent infringement jury verdict against Apple, based on instructions by a Texas federal judge that the appellate court panel determined to be erroneous.
In advice that may be especially relevant for the many solo and small firm attorneys who work in specific niches such as family law, business law and criminal law, a leading immigration attorney warns that it's become more important than ever for all lawyers to consider how their legal guidance could accidentally harm immigrant clients.
The legal industry marked mid-June with another action-packed week as BigLaw firms and legal departments appointed new leaders. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
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Ask A Mentor: How Can Firms Coach Associates Remotely?Practicing law through virtual platforms will likely persist even after the pandemic, so law firms and senior lawyers should consider refurbishing their associate mentoring programs to facilitate personal connections, professionalism and effective training in a remote environment, says Carol Goodman at Herrick Feinstein.
As the U.S. observes Autism Acceptance Month, autistic attorney Haley Moss describes the societal barriers and stereotypes that keep neurodivergent lawyers from disclosing their disabilities, and how law firms can better accommodate and level the playing field for attorneys whose minds work outside of the prescribed norm.
Many legal technology vendors now sell artificial intelligence and machine learning tools at a premium price tag, but law firms must take the time to properly evaluate them as not all offerings generate process efficiencies or even use the technologies advertised, says Steven Magnuson at Ballard Spahr.
While chief legal officers are increasingly involved in creating corporate diversity, inclusion and anti-bigotry policies, all lawyers have a responsibility to be discrimination busters and bias interrupters regardless of the title they hold, says Veta T. Richardson at the Association of Corporate Counsel.
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
As junior associates increasingly report burnout, work-life conflict and loneliness during the pandemic, law firms should take tangible actions to reduce the stigma around seeking help, and to model desired well-being behaviors from the top down, say Stacey Whiteley at the New York State Bar Association and Robin Belleau at Kirkland.
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Ask A Mentor: Should My Law Firm Take On An Apprentice?Mentoring a law student who is preparing for the bar exam without attending law school is an arduous process that is not for everyone, but there are also several benefits for law firms hosting apprenticeship programs, says Jessica Jackson, the lawyer guiding Kim Kardashian West's legal education.
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
In addition to establishing their brand from scratch, women who start their own law firms must overcome inherent bias against female lawyers and convince prospective clients to put aside big-firm preferences, says Joel Stern at the National Association of Minority and Women Owned Law Firms.
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.
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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Ask A Mentor: How Can Associates Deal With Overload?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.
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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Ask A Mentor: How Can Associates Seek More Assignments?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.Â
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.