New York Pulse


  • US Trustee Wants Spirit To Explain Counsel Bid For Ch. 11

    The U.S. Trustee's Office is opposing Spirit Airlines' bid to hire Davis Polk & Wardwell LLP as primary counsel in its Chapter 11 and Morris Nichols Arsht & Tunnell LLP as its conflicts counsel, telling a New York bankruptcy court that the carrier needs to specify what potential conflicts of interest exist.

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    Magic Circle, Boutiques Join 2024 Bonuses Wave

    Bonus announcements continued late Thursday and into Friday, with law firms across the spectrum — from the U.K. Magic Circle to midsize and boutique firms — following Milbank LLP's lead on 2024 associate bonuses, according to memos shared with Law360 Pulse and media reports.

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    Law360's Legal Lions Of The Week

    Sidley Austin LLP led this week's Legal Lions for representing Arthur J. Gallagher & Co. in a $13.5 billion cash purchase of AssuredPartners in what its private equity seller, GTCR, called the largest sale of a U.S. insurance broker to a strategic acquirer in the industry's history.

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    Menendez, 2 Co-Defendants Lose Bids For New Bribery Trial

    A Manhattan federal judge on Friday rejected bids by former Sen. Bob Menendez and two co-defendants for a new trial, ruling there is no manifest injustice after the ex-senator argued the government failed to offer any evidence of how he used his office's power to benefit any of the alleged bribe givers.

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    Fintech Platform Names Veteran Tech Atty Chief Legal Officer

    Investment management platform Vise announced that an experienced attorney who most recently was general counsel of a fintech company he co-founded has been appointed chief legal officer and general counsel.

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    Mystery Lawyer Guides $140M Ex-Con Landlord Loan Deal

    Most attorneys take a victory lap after sealing a nine-figure real estate deal, but when Dalan Real Estate purchased a roughly $140 million New York City loan portfolio from Axos Bank comprising loans backed by a notorious landlord's properties, the lawyer who represented the bank was nowhere to be found.

  • Trump Rips DA's 'Dark Dream' To Legally Treat Him As Dead

    Donald Trump's attorneys Friday slammed a proposal by the Manhattan district attorney to preserve the president-elect's hush money conviction by treating him like a defendant who dies after a verdict, pushing the judge to dismiss the case altogether.

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    New York Firms Whiteman Osterman, Nolan Heller Merge

    New York law firm Whiteman Osterman & Hanna LLP announced Thursday a merger with business firm Nolan Heller Kauffman LLP that will bring 113 attorneys under the Whiteman Osterman name.

  • Voir Dire: Law360 Pulse's Weekly Quiz

    This was another action-packed week for the legal industry as BigLaw firms recruited new talent and announced raises for associates. Test your legal news savvy here with Law360 Pulse's weekly quiz.

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    Sullivan Matches, Selendy Exceeds Milbank Bonus Scale

    Sullivan & Cromwell LLP is the latest firm to match Milbank LLP's year-end and special bonus scale, according to a report Thursday, while New York boutique Selendy Gay PLLC said it is exceeding the prevailing scale for its associates.

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    AI Terms, 'Coffee Badging' Among Top New Words In Law

    Burton's Legal Thesaurus recently announced this year's top new words in law, with entries like "coffee badging" and "hot-tubbing" joining the echelons of 2022's "meme stock" and 2023's "hallucination" as the thesaurus brings to light some of the most novel terms and talking points for lawyers in 2024.

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    NY Courts Defy Watchdog, Won't Release Judicial Ethics Data

    Counsel for the New York State Unified Court System told the state transparency watchdog Wednesday it has no obligation to release judges' and court officials' financial disclosure data under public records law.

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    King & Spalding Exec Joins Foley Hoag As COO

    Foley Hoag LLP announced Thursday that an experienced legal executive who was most recently chief revenue officer of King & Spalding LLP has been named the Boston-based firm's new chief operating officer.

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    Senate Judiciary Committee Sends Last Nominees To Floor

    The Senate Judiciary Committee sent the names of two judicial nominees for California to the full Senate for confirmation on Thursday along party-line votes.

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    Holland & Knight's Latest Corporate Atty Joins From WilmerHale

    Holland & Knight LLP announced the addition of a former WilmerHale attorney to its New York office Wednesday, touting his work for clients in sectors such as technology, life sciences, municipal services, financial services, specialty manufacturing and energy.

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    Norton Rose Promotes 56 Lawyers Across The Globe

    Norton Rose Fulbright has elevated 56 lawyers from all over the world to partner effective Jan. 1, up from the 49 new partners it promoted for 2024.

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    JUDGES Act Passes House But Biden Veto Looms

    The House voted 236-173 on Thursday to pass a bill to add more judgeships, which tees it up for a likely veto by the president, as many Democrats have soured on the measure after Donald Trump's victory at the polls.

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    Seyfarth Bumps Up Associate Pay For 2025

    Seyfarth Shaw LLP has capped 2024 with some good news for its associates: raises for the new year.

  • NRA Ordered To Reform Policies After NY Misconduct Verdict

    A New York judge ordered changes to the National Rifle Association's board structure and organizational policies Wednesday to "prevent future violations of law," following a jury verdict that found widespread financial misconduct and whistleblower retaliation within the gun group.

  • Law Firm Manager Gets Prison For Bribes In No-Fault Scam

    A Manhattan federal judge on Wednesday hit a former law firm manager with a five-year prison sentence for paying $800,000 in bribes that fueled a $70 million no-fault automobile insurance fraud racket, saying his lawbreaking "was massive in scope."

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    Davis Wright Taps Litigator For New Exec Operations Role

    Davis Wright Tremaine LLP has promoted a longtime employment attorney to serve in the newly created position of executive operations partner, the firm announced Wednesday.

  • Winston & Strawn Matches Bonuses, Top Billers Get Extra

    Winston & Strawn LLP is the latest firm to match the 2024 associate bonus first put forward by Milbank LLP, with adjustments for associates who fall short of the minimum hours threshold while offering extra bonuses for those who "substantially" exceed their productivity goals.

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    WilmerHale's Bharara Named To Steer NJ Traffic Stop Probe

    The New Jersey attorney general has named Preet Bharara, a partner at WilmerHale and a former U.S. attorney, to head a criminal investigation into a significant drop in speeding and drunken driving tickets written by the State Police.

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    MoFo Adds Group Of 7 Lawyers From Goodwin Procter In NY

    Morrison Foerster LLP is expanding its emerging companies and venture capital practice on the East Coast, announcing Wednesday it is bringing in a group of seven lawyers from Goodwin Procter LLP in New York.

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    Growing Workloads Have More In-House Teams Turning To AI

    Corporate law departments are increasingly turning to artificial intelligence tools as they face pressure to control costs and meet growing demands for legal services amid flat headcount, according to survey results released Wednesday.

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Expert Analysis

  • Series

    Ask A Mentor: How Do I Relay Shortcomings To Associates? Author Photo

    Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.

  • 10 Principles For Effective Partner Reward Systems Author Photo

    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.

  • Why Interdisciplinarity Is Key To Designing The Future Of Law Author Photo

    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.

  • Incorporating ADA Guidance Into Lawyer Wellness Movement Author Photo

    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? Author Photo

    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.

  • 9 Writing Tips From The Justices' Opinions Last Term Author Photo

    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.

  • What Web3 Means For Lawyers' Ethical Duties Author Photo

    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.

  • NY's Cybersecurity CLE Rule Is A Sign Of Changing Times Author Photo

    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 Author Photo

    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.

  • A Law Student's Guide To Thriving As A Summer Associate Author Photo

    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.

  • Burnout Prevention Requires Effort From Attys And Firms Author Photo

    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.

  • How I Owned My Power As An Asian American Woman In Law Author Photo

    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.

  • Successful In-House Alt Legal Services Start With 4 Questions Author Photo

    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.

  • 3 Reasons To Embrace Jargon In Legal Marketing Content Author Photo

    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.

  • Future Lawyers Expect DEI Commitments Beyond Recruiting Author Photo

    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.

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