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New York Pulse
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Blackstone Vet Joins Davis Polk Investment Practice
A former senior in-house counsel at Blackstone Credit & Insurance joined Davis Polk & Wardwell LLP as a partner after more than a dozen years with the credit investor, the firm announced Tuesday.
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Cadwalader Hires Trans-Atlantic Katten Private Wealth Partner
An international private wealth partner from Katten Muchin Rosenman LLP has jumped to Cadwalader Wickersham & Taft LLP as a partner in the firm's London and New York offices, Cadwalader announced Tuesday.
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Summer Associates Remain On The Fence About AI In Law
Most summer associates used generative artificial intelligence tools at their firms this year, but views on adoption were mixed. Students told Law360 Pulse the tools were useful for research and drafting, but voiced concerns over reliability, job loss and diminished writing skills.
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These Firms Were The Top For Their Summer Associates
Working as a summer associate is a rite of passage for many law students, and these training programs can boost aspiring attorneys' confidence in their career paths. Find out what students valued most and how they rated those experiences in a new survey from Law360 Pulse.
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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's the advice they shared for those ready to jump into law firm life.
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Sotomayor Warns Civics Undereducation Leads To Bad Laws
Those looking to change the nation's laws first need to understand how they work and why they are in place, U.S. Supreme Court Justice Sonia Sotomayor told a packed auditorium at New York Law School on Tuesday.
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Personal Injury Firm Looks To Nix $6.6M Fee Award
A personal injury law firm is seeking the annulment of a $6.59 million arbitral award issued to its co-counsel in a dispute over fees owed in long-running litigation over a 1983 terrorist bombing in Lebanon, cases that ordered Iran to pay billions of dollars to victims' families.
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Ex-Coinbase CLO, OCC Acting Chief Joins BitGo's Board
A former chief legal officer of digital asset exchange Coinbase Inc. and onetime acting head of the Office of the Comptroller of the Currency has joined the board of directors of cryptocurrency custodian BitGo Inc.
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ING Atty To Lead Cahill Gordon's New Derivatives Practice
After more than two decades working in-house, a seasoned derivatives lawyer has transitioned back into private practice as a bank regulatory partner at Cahill Gordon & Reindel LLP, the law firm said Monday.
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Lowenstein Sandler Unveils Tech-Centered Data Privacy Team
Lowenstein Sandler LLP has rolled out a new multidisciplinary data privacy team, bringing together attorneys with both legal and tech experience to advise on a range of data-related issues.
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Reed Smith Names Department And Practice Group Leaders
Reed Smith LLP announced Monday that it has made changes to its department and practice group leadership, including the appointment of attorneys to lead its U.S. global commercial disputes practice group and co-lead its global litigation and dispute resolution department.
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Cooley Welcomes New York SEC Enforcement Leader Home
An associate regional director for the New York office of the U.S. Securities and Exchange Commission has rejoined Cooley LLP as a core member of the firm's SEC enforcement practice.
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Raines Feldman Gains 7 New Attys In Calif., NY
Raines Feldman Littrell LLP announced Friday that it has added seven new attorneys to its ranks, adding bicoastal legal talent across four different practice areas.
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Kahana Feld Adds Trio Of New Partners In Calif., NY
Kahana Feld LLP has expanded its litigation and construction practices with two new partners in California and a third in New York.
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Simpson Thacher Adds Ex-Goodwin Debt Financing Pro
Simpson Thacher & Bartlett LLP has added an attorney previously with Goodwin Procter LLP who specializes in debt financing transactions as a partner in its Boston office, the firm has announced.
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4 More Cadwalader Attys Exit In Charlotte, Head to Proskauer
Proskauer Rose LLP announced Monday that it will launch an office in Charlotte, North Carolina, with a four-partner leveraged finance team from Cadwalader Wickersham & Taft LLP.
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2nd Circ. OKs Verdict In DEA Bribe Case But Nixes Forfeiture
The Second Circuit on Friday affirmed the convictions of a pair of ex-Drug Enforcement Administration agents over a bribery scheme but overturned an order requiring both to forfeit funds, saying it would constitute a double payment for the same crime.
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Estée Lauder's New GC Earned Over $10M In 10 Months
The new general counsel at Estée Lauder Companies Inc. earned $10.89 million in total compensation in her first 10 months on the job, according to a new securities filing.
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Law360's Legal Lions Of The Week
Kaplan Martin LLP leads this week's edition of Law360 Legal Lions, after the Second Circuit upheld an $83.3 million award against President Donald Trump for defaming writer E. Jean Carroll in 2019 in the wake of her sexual assault allegations, rejecting his claims of presidential immunity.
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Greenberg Traurig Co-Founder Placed Firm Above Himself
Larry J. Hoffman cared so much about the firm now known as Greenberg Traurig LLP that he wanted to remove himself from its name.
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Brownstein Hyatt Hires 4 More Attys From Crowell & Moring
Brownstein Hyatt Farber Schreck LLP has continued to hire from Crowell & Moring LLP's Washington, D.C., and New York teams — announcing Wednesday that four intellectual property attorneys have made that move, two months after adding nine top attorneys and policy leaders from Crowell & Moring.
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Global Credit Agency Appoints Head Of Gov't Affairs
Global credit rating agency Kroll Bond Rating Agency, or KBRA, said it has tapped its deputy general counsel to serve as its global head of regulatory and government affairs.
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AI Company GCs Talk Of Being In The Belly Of The Beast
Five general counsel who are deeply involved in artificial intelligence, including from Microsoft and Anthropic, recently spoke of its impact on their legal departments, and of the ever-present need for trust, judgment and good people skills during this "inflection point with AI."
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NYC Eviction Counsel Program Struggles To Meet Its Goals
More than half the households eligible for New York City's Right to Counsel program are not receiving legal representation in eviction cases, with representation rates for all households that appear in court peaking at just over half of tenants in 2022 before falling to roughly one-third of citywide tenants in 2024, according to a report.
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Voir Dire: Law360 Pulse's Weekly Quiz
A BigLaw firm naming its next managing partner and the parent company of an NBA team hiring a new legal chief were among the industry's key moves this week. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Expert Analysis
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A GC's Guide To Litigation, Inspired By Sun Tzu's 'Art Of War'
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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Mentorship Is Key To Diversity In The Legal Industry
Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.
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ChatGPT Is A Cool Trick, But AI Won't Replace Lawyers
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
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Pro Bono Work Is Valuable In IP And Continued Learning
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
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Increasing Public Access To Legal Services: A Practical Plan
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
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Priorities For Improving The Legal Industry In Texas
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
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Leading Your Law Firm's Creation Of A New Practice Group
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
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Series
Ask A Mentor: How Do I Relay Shortcomings To Associates?
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.
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10 Principles For Effective Partner Reward Systems
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.
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Why Interdisciplinarity Is Key To Designing The Future Of Law
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.
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Incorporating ADA Guidance Into Lawyer Wellness Movement
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.
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Series
Ask A Mentor: How Can New Partners Generate Business?
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.
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9 Writing Tips From The Justices' Opinions Last Term
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.
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What Web3 Means For Lawyers' Ethical Duties
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.
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NY's Cybersecurity CLE Rule Is A Sign Of Changing Times
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.