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New Jersey Pulse
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Sanctioned NJ Firm Asks To Exit $374M Guo Ch. 11
Four attorneys for associates of convicted fraudster Miles Guo in his Chapter 11 bankruptcy — whose law firm was sanctioned in the proceedings — have urged Connecticut's bankruptcy court to let them leave the case, saying several corporate entities connected to Guo indicated their services are no longer needed.
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Locke Lord Slams 'Unsustainable' Take On Jurisdiction Issue
Locke Lord LLP urged a New Jersey appellate panel Wednesday to reverse a trial court's finding that it is subject to Garden State courts in a malpractice suit over an allegedly botched deal involving a North Dakota oil refinery project, arguing personal jurisdiction can't be obtained through personal service on a firm partner not involved in the litigation.
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US BigLaw Firms Accelerate Enviro Efforts, But Diversity Lags
Amid a number of recent legal challenges, large law firms in the U.S. have amped up many of their environmental, social and governance-related efforts, with particular growth in environmental sustainability action, while areas like diversity, equity and inclusion have been less successful, according to a report out Wednesday that examined firms' public-facing communications.
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Real Estate Pro From Simon Property Joins AY Strauss
A longtime executive at real estate giant Simon Property Group joined real estate boutique A.Y. Strauss's Livingston, New Jersey, office as a partner, according to a recent firm announcement.
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Biotech Co. Names Well-Traveled Former GC As Board Chair
Virometix AG, a privately held Swiss biotechnology company developing synthetic vaccines against infectious diseases and cancer, has appointed a globe-trotting former general counsel as chair of its board of directors.
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Constangy Appoints Additional Immigration Leadership
Labor and employment boutique Constangy said Wednesday that a North Carolina partner is stepping up to co-chair the firm's immigration practice group.
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Disbarred Atty Admits To Defrauding Investors, DOJ Says
A disbarred attorney has pled guilty in connection with a financial services scheme that defrauded investors out of more than $1 million, New Jersey's U.S. attorney announced Wednesday.
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NJ Law Firm Gets Partial Win In Dispute With Ex-Employees
The arbitration pacts that two former employees at a New Jersey law firm filed cover their discrimination claims, a New Jersey state court judge ruled, handing the Bergen County-based personal injury firm a partial win in the workers' wage and bias suit.
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AI-Focused Exec Roles Are Having A Moment At Law Firms
Several law firms this year, including Akin Gump Strauss Hauer & Feld LLP and McDermott Will & Emery LLP, have filled artificial intelligence-focused chief and director roles to keep up with technological advances and client demands, according to legal recruiters.
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'Ghost' Florida Atty Left Long Trail Of Irked Judges, Clients
A Florida lawyer accused in a state court suit of ignoring and defrauding dozens of clients who paid nonrefundable retainers has faced a series of similar allegations in federal court, drawing the ire of judges and opposing counsel.
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Illumina Wants Unresponsive Plaintiff To Pay $200K, Atty Fees
Biotechnology company Illumina Inc. asked a New Jersey federal court Tuesday to order a former graduate student to pay $200,000 in liquidated damages for allegedly failing to respond to attempts to finalize a settlement to his claims that attorneys from Latham & Watkins LLP and Akin Gump Strauss Hauer & Feld LLP manipulated a patent case to steal his intellectual property.
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NJ Judge Tosses Ex-Town Atty's GOP Defamation Suit
A New Jersey state court tossed defamation claims brought against Englewood Cliffs' mayor Mark Park by the town's former municipal attorney after he purportedly accused the lawyer of criminal behavior, stating in the order that the attorney failed to prosecute his claims.
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Judge Security Data Reflects Policy Shifts As Much As Threats
Former employees of the U.S. Marshals Service say that while judicial security has never been more urgent, finding trends is nearly impossible: The way threats against federal judges are tracked has varied so much from year to year, the data is essentially meaningless.
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NJ Judge Suspended For 'Admittedly Vulgar' TikTok Videos
The New Jersey Supreme Court has suspended a state Superior Court judge for three months for posting "admittedly vulgar" TikTok videos of himself lip-syncing songs with sexual content in his chambers and sometimes in his robes.
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Morgan Lewis Lands Capital Markets Pro From Davis Polk
Morgan Lewis & Bockius LLP announced Tuesday that it has added to its capital markets and public companies practice with the hiring of an attorney who formerly was at Davis Polk & Wardwell LLP and served as an attorney-adviser with the U.S. Securities and Exchange Commission.
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Retired NJ Judge Rejoins Bressler After 16 Years
Bressler Amery & Ross PC has regained a former litigator who worked at the firm before embarking on a 16-year judicial career in the New Jersey state trial courts, which included several stints as a presiding judge.
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NJ Ethics Panel Lays Out Rules For Liens And Disputed Funds
New Jersey lawyers holding client funds may be compelled to pay certain liens including for child support payments and some medical bills, the state Supreme Court's Advisory Committee on Professional Ethics said in back-to-back opinions clarifying rules on safekeeping property that also help guide attorneys on how to navigate money disputes.
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More Law Firms Want To Merge, But Deals Aren't Skyrocketing
Law firm management consultants say they continue to see historic interest among law firms to engage in merger talks, driven further by a spate of big deals announced during the third quarter of the year, but the number of actual combinations inked has remained fairly steady, Law360 Pulse data shows.
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Littler Adds Excelitas Exec As Chief Digital Innovation Officer
Labor and employment firm Littler Mendelson PC has added the former executive vice president and chief information officer at photonics and light technology company Excelitas Technologies as its chief digital innovation officer.
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Law Firm Billing Rate Hikes Doubled In 2024
Billing rates for the top 100 law firms in the United States surged by 10% from 2023 to 2024, the largest rate hike in the past three years, according to a new research report on Tuesday.
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Ex-Allstate Atty Named Biotech Co.'s General Counsel
Immunotherapy developer Imunon has hired an attorney who previously worked in Allstate's legal department as its new general counsel, the biotech firm disclosed in a U.S. Securities and Exchange Commission filing Monday.
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McCarter Capital Markets Ace Joins Lucosky Brookman In NJ
Lucosky Brookman LLP has added a corporate attorney in New Jersey with over 20 years of experience and expertise in complex areas like initial public offerings and special purpose acquisition companies from McCarter & English LLP, according to an announcement Monday.
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Legal Employers Say AI Is Affecting Hiring
A majority of legal industry employers say that artificial intelligence is changing the skill sets they look for in hiring, according to a report released Monday by business consulting firm Robert Half, with the report also finding that employers prefer to train existing employees than hire externally.
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In-House Teams Using More GenAI And Fewer Law Firms
Nearly 60% of general counsel and chief legal officers expect a reduced reliance on outside legal service providers due to generative artificial intelligence — more than double since a 2023 survey showed 25% of respondents would cut the number of law firms they work with in the next year to slash costs, according to data released Monday.
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Navigating The Path To Equity: Tips For Nonequity Partners
The rapid growth of nonequity partners at major law firms has expanded career options for attorneys, but it also brings distinct challenges as many lawyers in these roles often face extended paths to equity partnership, unclear succession planning, and limited transparency around compensation.