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New York Pulse
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Law360 Pulse Spotlight On Mid-Law Work
Best Best & Krieger's work on a $466 million water infrastructure project leads this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from April 24 to May 8.
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Legal Industry Bounces Back, Gaining 2,400 Jobs In April
The legal sector is once again on a positive trajectory, gaining 2,400 jobs last month, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.
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How Today's Law Firm Leaders Define Success
There are numerous rankings in today’s legal industry, and the ways law firms are measured against one another are countless, with diverse metrics ranging from profits to revenue to headcount. Here, 11 firm leaders share what success looks like to them.
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Voir Dire: Law360 Pulse's Weekly Quiz
The first full week of May saw news of BigLaw firm group launches, lateral moves and partner promotions. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Morgan Lewis Hires 2 More Hunton Litigators
Morgan Lewis & Bockius LLP announced on Friday that it has hired two more attorneys from Hunton Andrews Kurth LLP to build up its litigation bench.
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Firm Sanctioned For Misleading Merchants In Swipe-Fee Case
A New York federal judge on Thursday sanctioned personal injury firm Betz & Baril PLC and its referral partner ClickFunds for misleading would-be class members in long-running antitrust litigation against Visa and Mastercard, ordering the firm and ClickFunds to notify clients about the misinformation.
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AI Native Firms Gain Foothold In Changing Legal Industry
"AI native" law firms are a growing phenomenon sitting at the intersection of artificial intelligence and rising tide of outside investment in the legal industry, aiming to use legal technology to automate work and overhaul the law firm business model — while doing away with the billable hour in the process.
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Broadfield Adds Corporate Partners From Sidley, Cooley In NY
Broadfield announced Thursday that two former BigLaw attorneys have joined the firm as partners in its U.S. corporate practice in New York.
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Hogan Lovells Cadwalader Logo Looks To History, Credibility
Last month, Hogan Lovells and Cadwalader Wickersham & Taft LLP pulled back the curtain on how their leaders are thinking about the firms' combination.
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Legal Startup Norm Ai Signs One World Trade Center Lease
Legal and compliance startup Norm Ai has signed a lease for 64,313 square feet at One World Trade Center in New York City, with the space also serving as the headquarters for its law firm offshoot Norm Law LLP, according to a recent announcement from the Durst Organization and the Port Authority of New York and New Jersey.
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Sports Platform Underdog Hires Legal Chief From Crypto.com
The former law chief at cryptocurrency exchange company Crypto.com has landed the chief legal officer role at Underdog, the fantasy betting website, as it expands its U.S. Commodity Futures Trading Commission‑regulated sports prediction markets.
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Toss Of Ex-Shkreli Atty's Deal May Be Error, 2nd Circ. Hints
A Second Circuit judge hinted Thursday that a trial judge may have erred in rejecting a retirement-fund garnishment deal that would have protected Martin Shkreli's convicted former lawyer from a potential $1 million "punitive tax event."
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Grunfeld Desiderio Adds Senior CBP Litigator As NY Partner
Grunfeld Desiderio Lebowitz Silverman & Klestadt LLP has added a top U.S. Customs and Border Protection lawyer as a partner in New York, the customs and international trade law firm has announced.
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Trump Wants Time For Justices To Review Carroll Verdict
President Donald Trump has asked the Second Circuit to delay enforcement of the $83.3 million verdict against him for defaming writer E. Jean Carroll while he appeals the appellate court's en banc refusal to rehear his appeal, noting that Carroll does not oppose the delay as long as he pays interest if it's upheld.
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DLA Piper Names 62 New Partners, Including 24 In US
DLA Piper announced Wednesday that 62 attorneys have joined its global partnership ranks, as of May 1, with the U.S. logging more promotions to partner than other regions, with 24 total.
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Which GCs Sold Stock In April? Venture Global And More
April showered some legal chiefs with stock sale profits, and Keith Larson at Venture Global soaked up $13.9 million last month. Meanwhile, Paul Mahon at United Therapeutics wiped up $9.5 million, and Chevron's R. Hewitt Pate reported earning $8.57 on his sales.
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McDermott Is Cutting Its Associate Ranks
McDermott Will & Schulte is downsizing its associate ranks less than a year after the firm was created via a combination of legacy firms McDermott Will & Emery and Schulte Roth & Zabel, the law firm confirmed Wednesday.
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Curiam Capital Atty Launches New IP Litigation Funding Firm
A former managing director at litigation funder Curiam Capital has launched his own boutique, focused on funding and underwriting for intellectual property litigation, he announced this week.
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Scarinci Hollenbeck Adds 4 Lawyers In NJ, NY Growth Push
Scarinci Hollenbeck LLC has announced a slate of attorney hires, with two partners, a counsel and a senior associate adding to its bench in bankruptcy, corporate transactions, litigation and other practice areas.
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Dilworth Paxson Hires Real Estate Trio From Commercial Firm
Midsize northeastern firm Dilworth Paxson LLP has announced it has hired three attorneys from corporate and commercial law firm Scarinci Hollenbeck LLC, saying their hires "[strengthen] the firm's capabilities in complex commercial real estate transactions, leasing, and related litigation."
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Feds Say Stolen BigLaw Deal Info Aided Huge Trading Scheme
Federal prosecutors on Wednesday unveiled indictments outlining a massive insider trading scheme that allegedly netted tens of millions of dollars using nonpublic information about mergers and acquisitions worked on by some of the nation's biggest law firms.
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The Law School Legal Industry Job Tracker: Class Of 2025
Want to know which schools are sending the highest percentage of graduates to BigLaw? How big a slice are landing those prized clerkships in federal or state courts? Explore the ins and outs of law school graduate placement in our interactive graphic.
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The Top Law Schools For Legal Industry Jobs: A Data Review
A law degree can lead to careers across law firms, government, business and public interest, according to the latest ABA data. See which schools stand out for placing graduates in BigLaw, federal and state clerkships, public interest roles and more.
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Aiming For BigLaw? These Schools Deliver
Law school students continue to set their sights on law firm jobs post-graduation, with interest in BigLaw roles holding strong. Here's a look at how those preferences are playing out and which schools are sending the highest percentage of graduates directly to BigLaw.
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Cooley Launches Energy Group With Baker Botts Partner
Cooley LLP announced Wednesday that it is launching an infrastructure, energy and real estate group with a New York partner from Baker Botts LLP who advises on global energy and infrastructure projects.
Expert Analysis
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The Importance Of Legal Macroeconomics Education For Attys
Most legal professionals lack understanding of the macroeconomic trends unique to the legal industry, like the rising cost of law school and legal services, which contributes to an unfair and inaccessible justice system, so law school courses and continuing legal education requirements in this area are essential, says Bob Glaves at the Chicago Bar Foundation.
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What ABA Student Well-Being Standards Mean For Law Firms
While the American Bar Association's recent amendments to its law school accreditation standards around student well-being could have gone further, legal industry employers have much to learn from the ABA's move and the well-being movement that continues to gain traction in law schools, says David Jaffe at the American University Washington College of Law.
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Series
Ask A Mentor: How Do I Build Rapport In New In-House Role?
Tim Parilla at LinkSquares explains how new in-house lawyers can start developing relationships with colleagues both within and outside their legal departments in order to expand their networks, build their brands and carve their paths to leadership positions.
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What Attys Should Consider Before Taking On Pro Bono Work
Excerpt from Practical Guidance
Piper Hoffman and Will Lowrey at Animal Outlook lay out suggestions for attorneys to maximize the value of their pro bono efforts, from crafting engagement letters to balancing workloads — and they explain how these principles can foster a more rewarding engagement for both lawyers and nonprofits.
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Opinion
NY Bar Admission Criminal History Query Is Unjust, Illegal
New York should revise Question 26 on its bar admission application, because requiring students to disclose any prior interaction with the criminal justice system disproportionately affects people of color, who have a history of being overpoliced — and it violates several state laws, says Andrew Brown, president of the New York State Bar Association.
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Roundup
Ask A Mentor
As the legal profession undergoes a dramatic period of change, experts answer questions on career and workplace conundrums in this Law360 guest article series.
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7 Ways Attys Can Improve Their LinkedIn Summaries
Lawyers can use LinkedIn to strengthen their thought leadership position, generate new business, explore career opportunities, and better position themselves and their firms in search results by writing a well-composed, optimized summary that demonstrates their knowledge and experience, says Guy Alvarez at Good2bSocial.
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How Law Firms And Attys Can Combat Imposter Syndrome
Imposter syndrome is rampant in the legal profession, especially among lawyers from underrepresented backgrounds, leading to missed opportunities and mental health issues — but firms can provide support in numerous ways, and attorneys can use therapeutic strategies to quiet their inner critic, says Helen Pamely at Rosling King.
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The Law Firm Qualities Partners Seek In Lateral Moves
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In 2022, partners considering lateral moves have new priorities, and firms that hope to recruit top talent will need to communicate their strategy for growth, engage on hot issues like origination credit and diversity initiatives, and tailor their integration plans toward expanding partners’ client base, says Gloria Sandrino at Lateral Link.
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Small Steps Can Help Employers Beat Attorney Burnout
Lawyers are experiencing burnout on a massive, unprecedented scale due to the pandemic, but law firms and institutional players can and should make a difference by focusing on small, practical solutions that protect their attorneys’ most precious personal resource and professional commodity — time, says Chad Sarchio, president of the District of Columbia Bar.
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The Evolving Role Of The Law Firm Legal Secretary
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Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.
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Series
Ask A Mentor: How Can I Ace My Upcoming Annual Review?.jpg)
Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.
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How Your Law Firm's Brand Can Convey Prestige
In order to be perceived as prestigious by clients and potential recruits, law firms should take their branding efforts beyond designing visual identities and address six key imperatives to differentiate themselves — from identifying intangible core strengths to delivering on promises at every interaction, says Howard Breindel at DeSantis Breindel.
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How Dynamic Project Management Can Help Law Firms
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Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.
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Series
Ask A Mentor: How Can I Successfully Switch Practices?
Associates who pivot into new practice areas may find that along with the excitement of a fresh start comes some apprehension, but certain proactive steps can help tame anxiety and ensure attorneys successfully adapt to unfamiliar subjects, novel internal processes and different client deliverables, say Susan Berson and Hassan Shaikh at Mintz.