New York Pulse

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    Litigation Finance Becoming Commonplace In BigLaw

    When Michael Lackey first pitched others at Mayer Brown about using litigation funding for a matter, he got a less-than-positive response, he recalled.

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    IHeartMedia GC's Comp Remains Stable At $2.3M In '23

    iHeartMedia general counsel Jordan Fasbender, who has been in the role since 2021, earned over $2.3 million in total compensation in 2023, a slight decrease from 2022's $2.5 million, according to a recent U.S. Securities and Exchange Commission filing.

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    Brown Rudnick Expands IP Group With Former Mintz Attorney

    Brown Rudnick LLP has expanded its intellectual property team with the recent addition of an attorney who moved his practice to the firm's New York office after more than five years with Mintz Levin Cohn Ferris Glovsky and Popeo PC.

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    Lowenstein Sandler Launches Chatbot For Website Users

    Lowenstein Sandler LLP on Tuesday announced the launch of Lowenstein AI, a chatbot to help external users navigate the firm's website.

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    Macy's New CLO Earned $1.5M In First Month On The Job

    An embattled Macy's Inc. gave its new chief legal officer an $840,000 signing bonus plus $630,000 in stock awards when she joined the iconic department store chain on Jan. 8, according to the company's proxy statement.

  • Microsoft, OpenAI Say Intercept's IP Suit Should Be Axed

    Microsoft and OpenAI have asked a Manhattan federal judge to dismiss a complaint by The Intercept accusing the companies of removing author and copyright information from material allegedly used to train ChatGPT, saying the publication lacks standing to sue because it has provided no evidence to support its claims.

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    FactSet CLO To Join Baron Capital As Chief Operating Officer

    The longtime chief legal officer for financial information and data analytics service provider FactSet Research Systems Inc., Rachel Stern, will join the asset management firm Baron Capital as chief operating officer in June, the firm said Tuesday.

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    BigLaw Attys Among First 7 Jurors Picked In Trump's NY Trial

    Two BigLaw attorneys on Tuesday were among seven people sworn in as jurors in Donald Trump's Manhattan hush money trial, which could proceed to opening statements as soon as Monday.

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    Dentons Appoints New ESG Leaders In US, South Africa

    Dentons announced Tuesday that it has appointed two new co-chairs of the firm's global environmental, social and governance practice leadership team.

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    Latham Adds 2 Simpson Thacher Attys To Its NY Office

    Latham & Watkins LLP has added two attorneys from Simpson Thacher & Bartlett LLP for its New York office, one of whom joins as co-chair of its global hybrid capital practice.

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    Arbitrator Ken Feinberg Doesn't Shy From Litigation Funders

    Well-known arbitrator Kenneth Feinberg, speaking at a conference on Monday, said that he doesn't automatically wrinkle his nose when he hears that a litigation funder is part of a complex legal matter that he is attempting to find a resolution to.

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    Orrick Adds Kramer Levin Life Sciences Head In NY

    The former head of Kramer Levin Naftalis & Frankel LLP's life sciences practice has jumped to the intellectual property litigation team at Orrick Herrington & Sutcliffe LLP in New York, Orrick said Monday. 

  • Feds Flag DNA, Bank Names On Menendez Cash Bundles

    Federal prosecutors pursuing bribery charges against U.S. Sen. Robert Menendez have countered his bid to scrap evidence — such as gold bars and $10,000 cash bundles — from his upcoming trial, telling a New York federal judge that fingerprints, DNA and currency straps from banks where Menendez and his wife don't have accounts derail his claim that the money comes from personal savings. 

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    Insiders See Litigation Funding's Appeal Overcoming Its Risks

    With higher interest rates and fights over disclosure rules on the horizon, the litigation finance industry is in a tenuous place, but it's not slowing down, a series of experts said at the International Legal Finance Association 2024 Conference on Monday.

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    Greenspoon Marder Starts Enviro Practice With LA Additions

    Greenspoon Marder LLP announced Monday that it started an environmental practice spearheaded by three Los Angeles-based attorneys joining from local boutique Wolf Wallenstein PC.

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    Loeb & Loeb Bankruptcy Leader Joins Lowenstein Sandler

    Lowenstein Sandler LLP announced Monday that the deputy chair of Loeb & Loeb LLP's bankruptcy and restructuring practice has joined its New York office as a partner.

  • Long Island Debt Collector Settles Disabled Worker's Bias Suit

    A Long Island debt collection law firm told a New York federal judge it reached a settlement in principle Monday to end a former employee's suit alleging the firm discriminated against her by failing to give her accommodations after a car accident and then terminating her.

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    Microsoft, Walmart CLOs Recognized For Integrity, Creativity

    The legal chiefs at Microsoft and Walmart are among about a dozen leading corporate lawyers who soon will be recognized at the Burton Awards as "Legends in Law" for their track records of addressing complex matters and creativity in solving challenges.

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    BigLaw Partner Moves In-House As NYCB's General Counsel

    An experienced BigLaw partner who worked at Simpson Thacher & Bartlett LLP and Skadden Arps Slate Meagher & Flom LLP has been named the general counsel of New York Community Bancorp Inc. alongside other executive appointments.

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    Squire Patton Names Global Litigation Practice Co-Chair

    Squire Patton Boggs LLP announced Monday that partner Scott A. Kane, who previously managed its Cincinnati office, has been appointed a co-chair of the firm's global litigation practice.

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    Stressed About The Trump Trial? Imagine How The Attys Feel

    A trial-of-the-century moment like Donald Trump's New York criminal case heaps singular attention and pressure on the lawyers involved — and a commensurate need for smart stress relief tactics during months of prep, lawyers who have taken on landmark cases say.

  • Justices Won't Review Ex-NYC Union Head's Bribery Rap

    The U.S. Supreme Court on Monday declined to take up the appeal of a former New York City union president who was convicted of taking bribes from now-defunct hedge fund Platinum Partners, rejecting a petition that argued his attorney failed to tell him about the trial judge's conflicts of interest.

  • Trump Accused Of Witness Threats As Jury Selection Begins

    The Manhattan district attorney's office on Monday asked the judge overseeing Donald Trump's hush money trial to find Trump in contempt for flouting the court's gag order barring witness intimidation, on day one of jury selection in the first criminal trial of a former U.S. president.

  • Jane Street Says Millennium, Ex-Workers Stole Trade Secrets

    Trading firm Jane Street Group LLC sued rival Millennium Management LLC and two former employees in New York federal court Friday, alleging they stole a confidential trading strategy and have reaped "massive profits from this theft."

  • Trump Can't Derail Hush Money Trial Over Media Saturation

    A New York judge overseeing Donald Trump's hush money case on Friday rejected another of the former president's bids to derail trial next week, waving off his complaints that prejudicial media coverage has tainted the jury pool.

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Expert Analysis

  • Coping With Secondary Trauma From Pro Bono Work Author Photo

    As the need for pro bono services continues to grow in tandem with the pandemic, attorneys should assess their mental well-being and look for symptoms of secondary traumatic stress, while law firms must carefully manage their public service programs and provide robust mental health services to employees, says William Silverman at Proskauer.

  • How Firms Can Benefit From Creating Their Own ALSPs Author Photo

    As more law firms develop their own legal services centers to serve as both a source of flexible personnel and technological innovation, they can further enhance the effectiveness by fostering a consistent and cohesive team and allowing for experimentation with new technologies from an established baseline, say attorneys at Hogan Lovells.

  • Modernizing Legal Education Through Hybrid JD Programs Author Photo

    Amid pandemic-era shifts in education, law schools and other stakeholders should consider the wide geographic and demographic reach of Juris Doctor programs with both online and in-person learning options, and educators should think through the various ways hybrid programs can be structured, says Stephen Burnett at All Campus.

  • How BigLaw Can Mirror Small Firm Attorney Engagement Author Photo

    BigLaw has the unique opportunity to hit refresh post-pandemic and enhance attorney satisfaction by adopting practices that smaller firms naturally employ — including work assignment policies that can provide junior attorneys steady professional development, says Michelle Genet Bernstein at Mark Migdal.

  • Ditch The Annual Review To Boost Attorney Job Satisfaction Author Photo

    In order to attract and retain the rising millennial generation's star talent, law firms should break free of the annual review system and train lawyers of all seniority levels to solicit and share frequent and informal feedback, says Betsy Miller at Cohen Milstein.

  • How Attorneys Can Narrow LGBTQ Gap In The Judiciary Author Photo

    Lawyers can take several steps to redress the lack of adequate LGBTQ representation on the bench and its devastating impact on litigants and counsel in the community, says Janice Grubin, co-chair of the Judiciary Committee at the LGBT Bar Association of Greater New York.

  • Employers Must Heed Rising Attorney Stress And Alcohol Use Author Photo

    Krill Strategies’ Patrick Krill, who co-authored a new study that revealed alarming levels of stress, hazardous drinking and associated gender disparities among practicing attorneys, highlights how legal employers can confront the underlying risk factors as both warnings and opportunities in the post-COVID-19 era.

  • Lawyers Can Get Ready For Space Law To Take Flight Author Photo

    While international agreements for space law have remained relatively unchanged since their creation decades ago, the rapid pace of change in U.S. laws and policies is creating opportunities for both new and veteran lawyers looking to break into this exciting realm, in either the private sector or government, says Michael Dodge at the University of North Dakota.

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    Ask A Mentor: What Makes A Successful Summer Associate? Author Photo

    Navigating a few densely packed weeks at a law firm can be daunting for summer associates, but those who are prepared to seize opportunities and not afraid to ask questions will be set up for success, says Julie Crisp at Latham.

  • How To Successfully Market Your Summer Associate Program Author Photo

    Law firms can attract the right summer associate candidates and help students see what makes a program unique by using carefully crafted messaging and choosing the best ambassadors to deliver it, says Tamara McClatchey, director of career services at the University of Chicago Law School.

  • Opinion

    Judges Deserve Congress' Commitment To Their Safety Author Photo

    Following the tragic attack on U.S. District Judge Esther Salas' family last summer and amid rising threats against the judiciary, legislation protecting federal judges' personal information and enhancing security measures at courthouses is urgently needed, says U.S. District Judge Roslynn Mauskopf, director of the Administrative Office of the U.S. Courts.

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    Ask A Mentor: How Can Recalcitrant Attys Use Social Media? Author Photo

    Social media can be intimidating for reluctant lawyers but it can also be richly rewarding, as long as attorneys remember that professional accounts will always reflect on their firms and colleagues, and follow some best practices to avoid embarrassment, says Sean Marotta at Hogan Lovells.

  • Keys To Digitizing Inefficient Contract Management Processes Author Photo

    Neville Eisenberg and Mark Grayson at BCLP explain how they sped up contract execution for one client by replacing email with a centralized, digital tool for negotiations and review, and how the principles they adhered to can be helpful for other law firms looking to improve poorly managed contract management processes.

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    Ask A Mentor: How Can Firms Coach Associates Remotely? Author Photo

    Practicing law through virtual platforms will likely persist even after the pandemic, so law firms and senior lawyers should consider refurbishing their associate mentoring programs to facilitate personal connections, professionalism and effective training in a remote environment, says Carol Goodman at Herrick Feinstein.

  • How Law Firms Can Welcome And Celebrate Autistic Lawyers Author Photo

    As the U.S. observes Autism Acceptance Month, autistic attorney Haley Moss describes the societal barriers and stereotypes that keep neurodivergent lawyers from disclosing their disabilities, and how law firms can better accommodate and level the playing field for attorneys whose minds work outside of the prescribed norm.

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