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The Second Circuit suggested Tuesday that the government's $11 billion forfeiture order against Sam Bankman-Fried may be unconstitutionally large, noting that the staggering amount tops the raft of cases tasking the court with determining if such money judgments pass Eighth Amendment muster.
Binghamton, New York-based Levene Gouldin & Thompson LLP said this week that it will merge with Ithaca law firm Schlather Stumbar Parks & Salk LLP on Jan. 1 to increase its presence throughout central New York.
The U.S. Department of Justice on Monday took a swing at bids by former FBI Director James Comey and New York Attorney General Letitia James to get their indictments thrown out, telling a federal judge the appointment of interim U.S. Attorney Lindsey Halligan was valid.
The Second Circuit has rejected a bid from Reed Smith to pause a lower court ruling ordering the new owner of international shipping company Eletson Holdings to turn over documents requested by competitor Levona Holdings Ltd, finding the law firm failed to make its case to hold off on granting access to the documents.
A Virginia federal judge has reminded the parties in the government's alleged bank fraud case against New York Attorney General Letitia James not to publicly discuss grand jury proceedings after U.S. Attorney Lindsey Halligan texted with a reporter about the case in October.
Two lawsuits filed Monday, one by a coalition of states and the other by a group of cities, unions and advocacy organizations, are challenging a new Trump administration rule imposing "intentionally vague" and allegedly illegal restrictions on student loan forgiveness for public employees intended to stifle dissent.
A longtime New Jersey tax attorney and three of his associates have joined Kostelanetz LLP, the boutique tax firm announced Monday, saying it expected them to bolster its tax controversy practice and add to its commitment to volunteer work and legal education.
New Holland Capital, an alternative asset manager that operates as a hedge fund, announced Monday the elevation of its general counsel to the additional role of president.
Goodwin Procter LLP will stop using certain technology to monitor in-office attendance while joining a growing list of BigLaw firms requiring U.S. attorneys to work in person at least four days a week, according to a memo obtained by Law360 Pulse.
Law firms are creating more internal roles to bring on professionals to lead their artificial intelligence implementation, including a push to develop AI agents. But the competition to secure such skilled personnel is stiff.
Charles Oakley must pay Madison Square Garden a little more than $642,000 for legal fees stemming from its pursuit of the former New York Knick's deleted text messages in his battery suit against the arena, a federal magistrate judge ruled Friday, cutting down the arena's requested $1.5 million.
Kellogg Hansen Todd Figel & Frederick PLLC, Motley Rice LLC and Powell & Majestro PLLC lead this week's edition of Law360 Legal Lions, after the Fourth Circuit overturned a key ruling by a West Virginia federal judge in the first federal bellwether in multidistrict opioid litigation.
The Practising Law Institute announced Friday that it is launching its first-ever Innovation Council, which will offer guidance on the integration of emerging technological innovations into the legal industry.
Hudson Valley lawyer Bill Stein reflects on the case that gave him “more than 15 minutes of fame,” colloquially known as “the Ghostbusters ruling” — which marks the only time a house in the United States has been declared legally haunted.
The legal industry marked the end of October with another action-packed week as BigLaw firms announced partner promotions and expanded their practice offerings. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Foley Hoag LLP's work on the acquisition of a healthcare services platform and Kaufman Borgeest & Ryan LLP handling a trademark suit for a luxury pen brand lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Oct. 17 to 31.
Robinson & Cole LLP announced Thursday that it has added a former solo practitioner to its construction law group.
Palantir Technologies hauled two former employees into New York federal court Thursday, accusing them of absconding with its confidential intellectual property and exploiting its customer relationships to stealthily create a competing copycat artificial intelligence platform.
The South Carolina federal judge who will consider former FBI Director James Comey's and New York Attorney General Letitia James' challenges to the authority of the interim U.S. attorney who brought separate criminal charges against them is known for her rigorous preparation and exacting standards.
Boston-based Goulston & Storrs PC announced that it has completed a rebranding to mark its 125 years of operations that includes an updated website and marketing efforts along with a modernized logo.
Sullivan & Cromwell LLP announced Thursday that the former superintendent of the New York State Department of Financial Services is returning to the firm where she began her legal career.
The New York State Energy Research and Development Authority has announced that it appointed its general counsel to serve as chief operating officer.
Mergers and lateral hires helped some law firms expand their footprints around the U.S. in October, including Orrick Herrington & Sutcliffe LLP's new office in Charlotte, North Carolina, and Taft Stettinius & Hollister LLP's plans for a new office in West Palm Beach, Florida.
Federal prosecutors argued that special media restrictions aren't needed in their case against New York Attorney General Letitia James, after her lawyers called out U.S. Attorney Lindsey Halligan's texts to a reporter in a filing last week and asked the court for an order barring further media communications.
Fried Frank has committed to being a lead donor toward a memorial to late U.S. Supreme Court Justice Ruth Bader Ginsburg, which is planned for New York City's Brooklyn Bridge Park, noting the firm's connection to Justice Ginsburg's late husband.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
Series
Ask A Mentor: How Can New Partners Generate Business?
Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
Opinion
Law Firms Stressing Work-Life Balance Are Missing The Mark
Law firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
To avoid physical and emotional exhaustion, attorneys must respect their own and their colleagues' personal and professional boundaries, but law firms must also play a role in discouraging burnout culture — especially if they are struggling with attorney retention, say attorneys at Lowenstein Sandler.
Gibson Dunn's Debra Yang shares the bumps in her journey to becoming the first female Asian American U.S. attorney, a state judge and a senior partner in BigLaw, and how other women can face their self-doubts and blaze their own trails to success amid systemic obstacles.
Law firms that are considering creating an in-house alternative legal service provider should focus not on recapturing revenue otherwise lost to outside vendors, but instead consider how a captive ALSP will better fulfill the needs of their clients and partners, say Beatrice Seravello and Brad Blickstein at Baretz & Brunelle.
Ignore what you've been told about jargon — adding insider industry terms to your firm's marketing and business development content can persuade potential clients that you have the specialized knowledge they can trust, says Wayne Pollock at Law Firm Editorial Service.
To attract future lawyers from diverse backgrounds, firms must think beyond recruiting efforts, because law students are looking for diversity, equity and inclusion initiatives that invest in employee professional development and engage with students year-round, says Lauren Jackson at Howard University School of Law.
Series
Ask A Mentor: How Can Law Students Build Real-World Skills?
Allison Coffin at Akin Gump discusses how summer associates going back to school can continue to develop real-world lawyering skills by leveraging the numerous law school resources that support professional development both inside and outside the classroom.