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New Jersey Pulse
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GCs Becoming CLOs Can Add Another Voice On Biz Strategy
There has been a recent flurry of general counsel seeing promotions to chief legal officers within their organizations across industries, as companies put the top legal leader — someone they want as a strategic business partner — at the same level as other members of the C-suite.
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Why BigLaw Hasn't Embraced Milbank's Bonuses
As the days grow shorter and the scent of pumpkin spice lattes fills the air, the glimmer of hope that BigLaw firms would follow Milbank LLP in awarding associates special summer bonuses has floated away on the breeze like autumn leaves.
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3 NJ Attys Charged With Bank Fraud In Short-Sale Scheme
A trio of attorneys and a real estate agent have been criminally indicted on bank fraud charges on allegations they participated in a yearslong scheme to defraud financial institutions in connection with short-sale transactions of residential properties in New Jersey, the U.S. Attorney's Office for the District of New Jersey announced Wednesday.
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Penalized Apple Atty Says He Was 'Demoralized' By Co. Culture
Apple Inc.'s former senior director of corporate law, who pled guilty to insider trading in 2022 and was later penalized $1.1 million in a civil case, had mental health disorders and was "demoralized" by the company's culture and executives' misconduct, he said in temporarily unsealed records in New Jersey federal court.
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Besieged NJ Prosecutor Says Gov. Can't Replace Him Yet
The former Warren County, New Jersey, prosecutor who retired under a cloud in April but withdrew his retirement days later said on Tuesday that Gov. Phil Murphy's move last week to nominate a permanent replacement won't work, because he hasn't actually resigned.
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NJ High Court To Review Judicial Privacy Law In Media Case
The New Jersey Supreme Court will consider whether a municipality overstepped by using the judicial privacy measure Daniel's Law to stop a journalist from publishing an article about the city's police director's address, according to a recently filed order.
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How To Pay Off $215K Of Law School Debt In 4 Years
Cindy Zuniga-Sanchez, Dechert LLP’s new talent development manager, is also a self-taught expert on financial freedom. She is the author of a book that details how she was able to pay off $215,000 of law school and credit card debt six years early. Here, she gives away her key tips.
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NJ Justices Seem Doubtful Over Barring Atty Keyword Search
The New Jersey Supreme Court appeared skeptical Tuesday about forbidding attorneys from buying other lawyers' names as search engine keywords, questioning whether such a ban could hold up to First Amendment challenges.
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NJ AG Makes 1st Major Leadership Team Changes Since '22
New Jersey Attorney General Matthew Platkin announced a new executive assistant attorney general, chief counsel and interim chief of staff this week, marking the first major changes to senior leadership in the Office of the Attorney General since 2022.
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Offit Kurman Adds Ex-Riley Safer Litigator In NJ
An attorney with more than two decades of experience representing clients in civil and commercial litigation has moved his practice to the office of Offit Kurman Attorneys At Law in Bergen County, New Jersey.
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General Counsel Pay Has Spiked 25% Since 2019
Total compensation for general counsel at a sample of the largest U.S. companies has increased by nearly 25%, or from $2.6 million in 2019 to $3.3 million in 2023, according to a report released Tuesday by data analyst Equilar Inc.
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NJ Power Broker Says AG's 'Crime Thriller' Lacks A Crime
Powerful New Jersey businessman George E. Norcross III Tuesday called the Garden State's 111-page indictment alleging he led a scheme to strong-arm the acquisition of waterfront property in Camden through threats of economic and reputational harm a "crime thriller with no crime," and said it must be dismissed.
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Sentencing For Sen. Menendez, 2 Associates Delayed 3 Mos.
Former U.S. Sen. Bob Menendez and two businessmen will be sentenced in 2025 following the trio's conviction on bribery charges, according to a New York federal court order that pushed the dates back three months.
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What Summer Associates Learned From Working At Firms
We asked this year's cohort about the most valuable lessons they learned during their summer associateship. Here are some tips they have to pass on to the students who have yet to land a coveted spot or are ready to embark on a career in law.
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What Law Firms Really Look For In Summer Associates
More and more, law firms are bypassing the traditional schedule for on-campus interviews in their search for summer associates. Firm leaders who oversee recruiting for these programs spoke with Law360 Pulse about where they stand on timing and what law students can do to secure a summer placement that works best for their career.
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These Firms Were The Top For Their Summer Associates
BigLaw firms have again set the bar high with their summer associate programs this year, earning high praise from participants who cited the increased opportunities for courtroom experiences, pro bono work, and comprehensive mentorship and networking support.
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Barnes & Noble Education Unit's CLO Resigns
The legal head at Barnes & Noble Education Inc. has stepped down after more than seven years at the helm of the law department, the company said in a securities filing Monday.
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Law Firm Rates Rise In 2023, But Mixed Outlook Ahead
Corporate legal departments continue to face rising hourly rates from law firms, but rate changes have varied across industries, and the first four months of 2024 present a snapshot of these varying average rate increases, according to a recent report from Wolters Kluwer's ELM Solutions.
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Dentons Launches Generative AI Contract Automation Tool
International law firm Dentons has attorneys in Europe testing a generative artificial intelligence tool for contract automation, the firm said Monday.
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J&J Accuses Beasley Allen Of Casting Bogus Talc Ballots
Johnson & Johnson has accused the Beasley Allen Law Firm of casting about two dozen false ballots against the company's latest talc bankruptcy plan without voters' consent and urged a New Jersey federal court to remove the firm from the plaintiff's steering committee as a consequence.
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Law Firm Accused Of 'Gamesmanship' In NJ Malpractice Suit
A pair of siblings suing Chaitman LLP for malpractice in New Jersey told the state court that the firm is delaying the litigation with a discovery motion about the order in which depositions should be taken that "should never have been filed to begin with."
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the end of summer with another action-packed week as BigLaw snagged new talent and lawmakers sought an increase in federal judgeships. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Meet The Ex-Appellate Chief Leading NJ Judicial Ethics Panel
In taking the reins of the panel responsible for investigating misconduct allegations against New Jersey judges, Carmen Messano is embarking on a new chapter in his decades of service to the state judiciary and leading a committee that he says is crucial for preserving the public's trust in the court system.
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Legal Industry Split On Regulating AI's Use In Profession
Nearly half of the participants in a survey examining the impact of artificial intelligence said they support regulation around the technology's use in the legal profession, according to a recently released report from the International Bar Association and the Center for AI and Digital Policy.
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Chevron's Demise May Not Bring Deluge Courts Had Feared
Though the death of Chevron deference has opened a door to attacking administrative decisions, the expected uptick in litigation probably won't threaten to clog federal courts, numerous administrative law experts told Law360.
Expert Analysis
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Law Firm Tips For Evaluating AI And Machine Learning Tools
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.
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A Call For Personal Accountability On Diversity And Inclusion
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.
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Learning How To Code Can Unleash New Potential In Lawyers
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.
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Supporting Associates Amid Pandemic's Mental Health Toll
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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The Importance Of Client Engagement In Law Firm Innovation
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.
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The Unique Challenges Facing Women-Owned Law Firms
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.
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The Pursuit Of Wellness In BigLaw: Lessons From My Journey
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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.
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Why We Must Recruit And Advance More Black Prosecutors
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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Series
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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.
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A Scientific Path For Improving Diversity At Law Firms
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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Series
Ask A Mentor: How Can Associates Seek More Assignments?.jpg)
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.
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Legal Sector Regulatory Reform Is Key To Closing Justice Gap
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.
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COVID-19 Spurs Associates To Think Bigger — Like Partners
What is the firm's data on profit per partner? How do the rainmakers seal deals without pre-COVID-19 pricey dinners? Is the firm financially stable? These are the kinds of partner-level questions associates are now asking before choosing a new firm, which points to a major shift in the lateral landscape, say Kate Reder Sheikh and Rebecca Glatzer at Major Lindsey & Africa.
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Guest Feature
Mentorship Is Key To Fixing Drop-Off Of Women In Law
It falls to senior male attorneys to recognize the crisis female attorneys face as the pandemic amplifies an already unequal system and to offer their knowledge, experience and counsel to build a better future for women in law, says James Meadows at Culhane Meadows.