New Jersey Pulse

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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.

  • Milbank LLP Lands Departing SEC Enforcement Chief Grewal

    Departing U.S. Securities and Exchange Commission enforcement director Gurbir Grewal will land at Milbank LLP in New York after he leaves the agency later this month, joining the law firm's litigation and arbitration group, according to a person familiar with the matter.

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    Lateral Hiring Softens In Q3 As Partner Moves Slow

    After a brief period of stability in the second quarter, lateral recruitment at law firms has softened once more in the third quarter of 2024, particularly in the hiring of partner candidates, according to recent data from legal data company Firm Prospects LLC.

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    Holtec Sues Former GC Over Alleged Embezzlement Scheme

    Energy technology company Holtec International has launched a New Jersey state lawsuit accusing its former general counsel and others of taking part in an embezzlement scheme to dupe the company into paying more than $700,000 to an entity they owned.

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    Outgoing NCSC Prez Talks Transparency, Checks & Balances

    Mary McQueen, who is retiring after more than 20 years as president of the National Center for State Courts, joined Law360 Pulse for a conversation about transparency and safety in the courts and her legacy at the organization.

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    White House Alum To Co-Lead Regulation At Lewis Brisbois

    Lewis Brisbois Bisgaard & Smith LLP has tapped an attorney with deep experience across multiple government positions, including serving in the White House Office of Management and Budget, to co-chair its administrative law and regulatory practice.

  • Law360 Pulse Spotlight On Mid-Law Work

    Potter Anderson's representation of IBM in a patent suit and Vedder Price's work on $1 billion pair of drilling contracts lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Sept. 20 to Oct. 4.

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    Legal Industry Jobs Creep Back Up After 4-Month Decline

    After four straight months of employment declines, the U.S. Bureau of Labor Statistics' latest report shows positive signs for the legal industry.

  • NJ Court Removes Judge Who Admitted Sex Harassment

    The New Jersey Supreme Court has removed a municipal judge and barred him from holding judicial office in the state again after accusations that he sexually harassed female court staff members after becoming drunk at an office party.

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    Law360's Legal Lions Of The Week

    Kramer Levin Naftalis & Frankel LLP and Potter Anderson & Corroon LLP led this week's edition of Law360 Legal Lions after a Delaware federal jury decided on Sept. 27 that Amazon Web Services infringed two computer network patents that were once owned by Boeing, telling the tech giant to pay $30.5 million in damages.

  • Voir Dire: Law360 Pulse's Weekly Quiz

    The legal industry kicked off the first week of October with several partner promotions, lateral moves, law firm closures and mergers. Test your legal news savvy here with Law360 Pulse's weekly quiz.

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    12 Lawyers Who Are The Future Of The Supreme Court Bar

    One attorney hasn't lost a single U.S. Supreme Court case she's argued, or even a single justice's vote. One attorney is perhaps "the preeminent SCOTUS advocate." And one may soon become U.S. solicitor general, despite acknowledging there are "judges out there who don't like me." All three are among a dozen lawyers in the vanguard of the Supreme Court bar's next generation, poised to follow in the footsteps of the bar's current icons.

  • NJ Mogul's Brother Says Lawyering Isn't Racketeering

    Parker McCay PA shareholder Philip A. Norcross is urging a New Jersey state judge to toss the sweeping indictment against him, his power broker brother and others over an alleged extortion scheme to acquire riverfront property in a distressed city, arguing that none of the targeted conduct is criminal.

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    Former NY Jets GC To Return As CLO From Foley & Lardner

    A former New York Jets general counsel is returning to the football team to serve as its chief legal officer, leaving his role as of counsel at Foley & Lardner LLP, where he joined after running his own law firm.

  • Sham Law Firm Employee Gets 5 Years For Foreclosure Fraud

    A Virginia man was sentenced to five years in prison and hit with a $159,000 fine for what a D.C. federal judge called Thursday the "horrendous" crime of using a Manassas law firm to defraud homeowners facing foreclosure.

  • NJ Panel Opens Door To Remote Testimony In Criminal Cases

    Trial courts have the authority to hear requests for experts to testify remotely in criminal trials without the state's permission, a New Jersey state appellate panel found in a precedential ruling on Thursday, saying court rules and precedent that seemed at odds could be interpreted harmoniously.

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    Day Pitney Names Leaders In Corporate Department

    Day Pitney LLP has named three attorneys in New Jersey and Connecticut to its corporate department leadership team, including the real estate, environmental and land use practice, as well as the energy and utilities group.

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    A Deep Dive Into In-House Counsel Pay

    The total compensation packages for in-house counsel at different levels of the corporate ladder can vary widely, with especially large variations seen in bonus amounts and long-term incentives, according to a new Law360 Pulse report.

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    To Go, Or Not To Go, To A Firm Directly From Law School

    Most legal professionals historically have emphasized the need for young attorneys to gain firm experience immediately after law school. However, that thought is shifting, as more junior lawyers graduate and go directly to a corporate legal team — movement that could eventually take hold as the in-house legal department continues to rise in prominence within businesses.

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    Here's How To Negotiate The Best Pay Packages For GCs

    Not all general counsel can pull in a pay package that places them near the top 10 highest-paid in-house lawyers. But every top legal officer can use some pro tips on how to negotiate the best deal possible. Law360 Pulse asked several executive compensation experts to share their advice.

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Expert Analysis

  • Law Firms Cannot Ignore Attorneys' Personal Cybersecurity Author Photo

    Law firms that fail to consider their attorneys' online habits away from work are not using their best efforts to protect client information and are simplifying the job of plaintiffs attorneys in the case of a breach, say Mark Hurley and Carmine Cicalese at Digital Privacy and Protection.

  • Why Writing CLE Should Be Mandatory For Lawyers Author Photo

    Though effective writing is foundational to law, no state requires attorneys to take continuing legal education in this skill — something that must change if today's attorneys are to have the communication abilities they need to fulfill their professional and ethical duties to their clients, colleagues and courts, says Diana Simon at the University of Arizona.

  • How To Find Your Inner Calm When Client Obligations Pile Up Author Photo

    In the most stressful times for attorneys, when several transactions for different partners and clients peak at the same time and the phone won’t stop buzzing, incremental lifestyle changes can truly make a difference, says Lindsey Hughes at Haynes Boone.

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    Ask A Mentor: How Can I Support Gen Z Attorneys? Author Photo

    Meredith Beuchaw at Lowenstein Sandler discusses how senior attorneys can assist the newest generation of attorneys by championing their pursuit of a healthy work-life balance and providing the hands-on mentorship opportunities they missed out on during the pandemic.

  • Law Firm Cybersecurity Should Not Get Lost In The Cloud Author Photo

    A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.

  • Advice For Summer Associates Uneasy About Offer Prospects Author Photo

    There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.

  • How Law Firms Can Cautiously Wield AI To Streamline Tasks Author Photo

    Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.

  • Keys To Managing The Stresses Of Law School Author Photo

    Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.

  • Can Mandatory CLE Mitigate Implicit Bias's Negative Impacts? Author Photo

    Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.

  • Ditch The Frills And Start Writing Legal Letters In Plain English Author Photo

    To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.

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    Ask A Mentor: How Can I Negotiate My Separation Agreement? Author Photo

    Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.

  • DoNotPay Cases Underscore Hurdles For AI-Fueled Legal Help Author Photo

    Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.

  • For The Future Of Legal Practice, Let's Learn From The Past Author Photo

    At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.

  • Why All Law Firms Should Foster Psychological Capital Author Photo

    Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.

  • A GC's Guide To Litigation, Inspired By Sun Tzu's 'Art Of War' Author Photo

    With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.

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