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A group of class action settlement administrators and banks conspired to rip off settlement class members by offering lower bank interest rates in exchange for kickbacks, according to three identical lawsuits filed in three states.
Barclay Damon LLP has added the former chair of Lite DePalma Greenberg & Afanador LLC's corporate, commercial and bankruptcy department to bolster its bankruptcy team and enhance its commercial and corporate litigation services.
Susman Godfrey's selection as the head of multidistrict litigation against Microsoft and OpenAI and Benesch's work on an $800 million public offering on behalf of a longtime client lead this edition of Law360 Pulse's Spotlight on Mid-Law Work, recapping the top matters for Mid-Law firms from May 16 to 30.
Clement & Murphy PLLC leads this week's edition of Law360 Legal Lions, after a D.C. federal judge struck down President Donald Trump's executive order targeting WilmerHale.
The Council for Economic Resilience, an organization aiming to advance automation and autonomy to drive economic prosperity, has found its new leader in a former acting administrator and chief counsel at the Federal Motor Carrier Safety Administration.
While American Bar Association President Bill Bay says he's seen no shortage of criticism and even threats for publicly opposing the Trump administration's executive orders targeting law firms, he told attendees at an ABA ethics conference that being silent was not a viable alternative.
Herbert Smith Freehills LLP and Kramer Levin Naftalis & Frankel LLP on Sunday will go live with their planned merger, which will combine 2,700 lawyers and more than $2 billion in revenue from both firms.
A New York federal judge rejected a recommendation to narrow and then send to arbitration a Black former general counsel's suit claiming she was fired from The Palm steakhouse chain out of race bias after her cancer diagnosis, saying the whole dispute needs to go to an arbitrator.
As of the end of May, Sidley Austin LLP has made 45 lateral partner additions so far this year, outpacing the vast majority of large law firms in lateral hiring as its new executive committee chair Brian Fahrney took the reins this spring.
The legal industry ended May with another action-packed week as BigLaw firms expanded practices and attorneys took on new roles. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
A lawyer has asked the Second Circuit to revive claims against his former firm, which he alleges used his name and likeness after he was fired, saying a judge's dismissal of those claims ignored the harm he personally suffered and the requirements of the Lanham Act.
A pair of investors filed suit against New York-based Moritt Hock & Hamroff LLP and two of its former attorneys on Thursday, alleging that the midsize firm and the attorneys, who have since departed for Saul Ewing LLP, lied on behalf of a client who has since been charged with running a $43 million Ponzi scheme.
Fast-growing Pierson Ferdinand LLP announced five further partner hires, enhancing its legal capabilities across a variety of nationwide markets in areas such as corporate law, transactions, insurance litigation, commercial litigation and cybersecurity and privacy.
May was a month of new markets for several firms as they made their first entries into a handful of notable U.S. cities. They include Carlton Fields, which expanded into Minnesota with a new Minneapolis office staffed by attorneys formerly with Nelson Mullins Riley & Scarborough LLP. And a merger with a Seattle-based firm gave Dickinson Wright PLLC its first office in the Pacific Northwest.
BakerHostetler announced Wednesday that it has chosen one of its longtime Washington, D.C., attorneys and a New York attorney who returned to the firm a few years ago from Alston & Bird LLP to co-lead its international arbitration and litigation team's investor-state arbitration subpractice.
Clifford Chance LLP announced Tuesday the hiring of a partner at Kirkland & Ellis LLP for its funds and investment management practice in the U.S., a month after Kirkland picked up an investment funds partner from Clifford Chance.
After a nationwide search, Benesch Friedlander Coplan & Aronoff LLP has hired Kramer Levin Naftalis & Frankel LLP's former chief legal talent officer to lead its recruitment and hiring process.
Eversheds Sutherland's Irish office will not go ahead with a discussed plan to merge with Dublin-based William Fry LLP, the two firms said Thursday.
After nearly 35 years at Robinson & Cole LLP, including the past four as managing partner, Rhonda Tobin has learned what makes the firm special — its people. Tobin recently told Law360 Pulse about how integral the firm's people are to its culture and her job, and the challenges of becoming a firm leader in the middle of the COVID-19 pandemic.
Carolinas firm Moore & Van Allen PLLC has announced that an experienced finance and mergers and acquisitions attorney has joined the firm from O'Melveny & Myers LLP as the co-chair of its recently launched entertainment finance practice.
Scholastic Corp. has appointed a new general counsel for the first time in about 17 years, as its longtime top lawyer prepares to retire from the role next week, the children's publishing giant said Tuesday.
Fried Frank Harris Shriver & Jacobson LLP has hired a KPMG international tax group principal as a tax partner in New York.
Revenue and profits have both been on a strong upward trajectory in recent years for large U.S. law firms, but those strides may not tell the whole story when considering factors like inflation and the role that aggressive rate hikes, which some say are unsustainable, have played in the increases.
Greenspoon Marder LLP hired a former general counsel and senior vice president for pizza and burger chain Emmy Squared as a partner for the firm's hospitality, alcohol and leisure industry group in its New York City office, the firm announced Wednesday.
First-year associate salaries of $225,000 may make headlines, but they aren't yet the reality at most law firms surveyed for a new report by the National Association for Law Placement.
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 MarkLaw 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.