New York Pulse


  • NY State Lender, Servicer Escape Foreclosure Fraud Claims

    A New York federal court has dismissed a proposed class action alleging that a state-run mortgage lender and servicer schemed to inflate interest calculations in foreclosure cases after finding that all the lead plaintiff's claims were time-barred.

  • NYC Sheds FDIC's Claim For Silicon Valley Bank Tax Refund

    A D.C. federal court said Friday it does not have the authority to order New York City to issue a tax refund sought by the Federal Deposit Insurance Corp. in its capacity as receiver of the failed Silicon Valley Bank.

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    Ex-Husch Blackwell CIO Joins Wells Fargo As AI Exec

    Blake Rooney, who spent the past eight years as the chief information officer of Husch Blackwell LLP, announced through a LinkedIn post on Friday that he would be joining Wells Fargo & Co. as its artificial intelligence business executive for legal, public affairs and internal audit.

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    Polsinelli Hires Practice Head From McDermott In NY

    Polsinelli PC has hired a longtime McDermott Will & Schulte LLP attorney to co-lead its special situations and alternative investment practice, saying the move "further advanc[es] the firm's strategic focus on private credit, distressed investing, and complex restructuring matters."

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    Law360's Legal Lions Of The Week

    The Lanier Law Firm, Kiesel Law LLP, Panish Shea Ravipudi LLP, Wagstaff & Cartmell LLP and Beasley Allen Law Firm lead this week's edition of Law360 Legal Lions, after a California state jury in a bellwether trial found Meta and Google liable for harming the mental health of a woman who says she became addicted to their social media platforms as a child.

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    BigLaw Races To Capture Expanding Fund Finance Market

    Debt financing work at the fund level has long been dominated on the lender side by attorneys from Cadwalader Wickersham & Taft LLP, Haynes Boone and Mayer Brown LLP, but other firms are increasingly crafting formal practices and poaching fund finance stars from the more established players.

  • Simpson Thacher Adds 2 Ex-Kirkland Restructuring Partners

    Two former Kirkland & Ellis LLP restructuring attorneys have joined Simpson Thacher & Bartlett LLP as partners in the capital structure solutions practice.

  • Voir Dire: Law360 Pulse's Weekly Quiz

    The legal industry marked the beginning of spring with another action-packed week as attorneys took on new roles and firms launched offices across the country. Test your legal news savvy here with Law360 Pulse's weekly quiz.

  • Law360 Pulse Spotlight On Mid-Law Work

    Lieff Cabraser's handling of a proposed class action against xAI and Winstead PC's role in establishing a first-of-its-kind infrastructure district lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from March 13 to 27.

  • White & Case Staffer Sues Firm Over Nude Photo Ridicule

    A White & Case LLP staffer sued the law firm in New York state court Wednesday, alleging the firm's purported "hostile work environment" shielded his colleagues after they allegedly shared nude photos of him, which he claims were taken by his supervisor while he was unconscious at a firm-sponsored party.

  • Penny Stock Seller Says SEC Fraud Claim Fails Without Victim

    Western Bankers Capital Inc. and the estate of its operator have urged a New York federal judge to grant them an early win in a U.S. Securities and Exchange Commission suit alleging they and others reaped nearly $6 million in illicit proceeds by selling unregistered penny stocks, in part because they say they were a victim of the alleged scheme.

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    In-House Counsel Pick Latham As Top Business Developer

    A new survey in which general counsel and other in-house decision-makers rank law firms according to how well they help with business development placed Latham & Watkins LLP as number one, followed closely by King & Spalding LLP, Jones Day and Ropes & Gray LLP.

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    Nixon Peabody Hires Former Interim US Atty For EDNY

    Nixon Peabody LLP announced Wednesday that it has hired a prominent federal prosecutor who spent about two decades with the Department of Justice, including as interim U.S. attorney for the Eastern District of New York.

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    King & Spalding Adds White & Case Capital Markets Pro In NY

    King & Spalding LLP announced Thursday that it has brought on a former White & Case LLP capital markets attorney as a partner in its corporate practice group in New York.

  • Maduro Judge Hints US Should Reconsider Legal Fee Refusal

    A Manhattan federal judge suggested Thursday that the Trump administration should revisit its refusal to allow former Venezuelan President Nicolás Maduro to access his country's funds to pay for his defense against narco-terrorism and trafficking charges.

  • Law Firm Real Estate Report

    Several law firms around the country, including Arnold & Porter Kaye Scholer LLP, Gordon Rees Scully Mansukhani LLP and Winston & Strawn LLP, expanded their footprints this month by either moving into larger offices or entering new markets.

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    Akerman Tests 'Moneyball' AI Model For Recruiting Partners

    Akerman LLP is testing its own proprietary artificial intelligence tool designed to help the firm's partner recruitment by evaluating whether lateral hires are likely to succeed there.

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    Holland & Knight Expands Recently Leased NY Office

    Holland & Knight LLP is expanding the Midtown Manhattan office it leased in 2024 with an extra 32,570 square feet as its ranks continue to grow in the Empire State, the firm confirmed Wednesday.

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    Ashurst Adds 4 Ex-Bracewell Partners To Finance Practice

    Ashurst LLP has announced the addition of a four-partner team in New York to expand its finance and restructuring capacities ahead of a proposed merger with Perkins Coie LLP.

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    Susman Godfrey In No Hurry For 2L Hiring

    Susman Godfrey LLP announced Wednesday that it is bucking the hyperaccelerated summer recruiting model favored by BigLaw.

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    Dechert Adds Paul Weiss Patent Partners In DC, NY

    Dechert LLP has hired two Paul Weiss Rifkind Wharton & Garrison LLP lawyers who have backgrounds in life sciences and electrical engineering, the firm announced Tuesday.

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    Reed Smith Hits Over $2M In Profits Per Equity Partner

    Reed Smith LLP has announced that profits per equity partner climbed 11.3% last year to over $2.02 million as global revenue rose to $1.58 billion.

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    How Senior Associates Can Find Time To Grow Their Practice

    By the time senior associates learn how to thrive at their law firms, many realize that to continue to advance in their careers, they need to start building their own books of business.

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    Timekeeping In The Age Of Artificial Intelligence

    The way attorneys track billable hours has changed a lot over the last decade, and the transformation is being turbocharged by artificial intelligence tools. Law360 Pulse talks to lawyers and recruiters about best practices for timekeeping.

  • Charlie Javice Can't Get Retrial Based On Clerk Conflicts

    A New York federal judge Tuesday shot down a retrial bid from Charlie Javice, who was convicted of conning JPMorgan Chase & Co. into buying her financial aid startup Frank, rejecting her argument that there was a conflict of interest because clerks who worked on the trial accepted jobs with the bank's firm.

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Expert Analysis

  • Series

    Ask A Mentor: How Can I Ace My Upcoming Annual Review? Author Photo

    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.

  • How Your Law Firm's Brand Can Convey Prestige Author Photo

    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.

  • How Dynamic Project Management Can Help Law Firms Author Photo

    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.

  • Series

    Ask A Mentor: How Can I Successfully Switch Practices? Author Photo

    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.

  • Why Firms Should Help Associates Do More Pro Bono Work Author Photo

    Associates may hesitate to take on the added commitment of pro bono matters, but such work has tangible skill-building benefits, so firms should consider compensation and leadership strategies to encourage participation, says Rasmeet Chahil at Lowenstein Sandler.

  • A Road Map For Creating Law Firm Sustainability Programs Author Photo

    Amid demands from clients and prospective hires for greater sustainability efforts, law firms should think beyond reusable mugs and create programs that incorporate clear leadership structures, emission tracking and reduction goals, and frameworks for reporting results, says Gayatri Joshi at the Law Firm Sustainability Network.

  • Confronting The Stigma Of Alcohol Abuse In Legal Industry Author Photo

    The pandemic has likely exacerbated the prevalence of problem drinking in the legal profession, making it critical for lawyers and educators to address alcohol abuse and the associated stigma through issue-specific education, supportive assistance and alcohol-free professional events, says Erica Grigg at the Texas Lawyers' Assistance Program.

  • Opinion

    Lawyers Have Duty To Push For Immigration Court Reform Author Photo

    Attorneys must use their collective voice to urge federal lawmakers to create an Article I immigration court outside executive branch control, helping address the conflicts of interest, political influence and lack of adjudication consistency that prevent migrants from achieving true justice, say Elia Diaz-Yaeger and Carlos Bollar at the Hispanic National Bar Association.

  • Series

    ​​​​​​​Ask A Mentor: How Can 1st-Year Attys Manage Remote Work? Author Photo

    First-year associates can have a hard time building relationships with colleagues, setting boundaries and prioritizing work-life balance in a remote work environment, so they must be sure to lean on their firms' support systems and practice good time management, say Jenny Lee and Christopher Fernandez at Kirkland.

  • 5 Ways To Lead Lawyer Teams Toward Better Mental Health Author Photo

    Attorney team leaders have a duty to attend to the mental well-being of their subordinates with intention, thought and candor — starting with ensuring their own mental health is in order, says Liam Montgomery at Williams & Connolly.

  • How Your Summer Associate Events Can Convey Inclusivity Author Photo

    As law firms begin planning next year's summer associate events, they should carefully examine how choice of venue, activity, theme, attendees and formality can create feelings of exclusion for minority associates, and consider changing the status quo to create multiculturally inclusive events, says Sharon Jones at Jones Diversity.

  • Series

    Ask A Mentor: How Do I Negotiate Long-Term Flex Work? Author Photo

    Though the pandemic has shown the value of remote work, many firms are still reluctant to embrace flexible working arrangements when offices reopen, so attorneys should use several negotiating tactics to secure a long-term remote or hybrid work setup that also protects their potential for career advancement, says Elaine Spector at Harrity & Harrity.

  • What I Wish Law Schools Taught Women About Legal Careers Author Photo

    Instead of spending an entire semester on 19th century hunting rights, I wish law schools would facilitate honest discussions about what it’s like to navigate life as an attorney, woman and mother, and offer lessons on business marketing that transcend golf outings and social mixers, says Daphne Delvaux at Gruenberg Law.

  • 4 Ways To Break Down Barriers For Women Of Color In Law Author Photo

    Female lawyers belonging to minority groups continue to be paid less and promoted less than their male counterparts, so law firms and corporate legal departments must stop treating women as a monolithic group and create initiatives that address the unique barriers women of color face, say Daphne Turpin Forbes at Microsoft and Linda Chanow at the Institute for Inclusion in the Legal Profession.

  • Opinion

    We Need More Professional Diversity In The Federal Judiciary Author Photo

    With the current overrepresentation of former corporate lawyers on the federal bench, the Biden administration must prioritize professional diversity in judicial nominations and consider lawyers who have represented workers, consumers and patients, says Navan Ward, president of the American Association for Justice.

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