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A New York federal court this week approved a $17.5 million settlement with American Express Co. in a lawsuit alleging that the credit card company's so-called antisteering rules caused non-Amex cardholders to pay higher charges.
Pillsbury Winthrop Shaw Pittman LLP announced on Wednesday the hiring of the former chief knowledge and innovation officer at Simpson Thacher & Bartlett LLP as its chief artificial intelligence officer.
Friedman Kaplan Seiler Adelman & Robbins LLP has hired the former global chief ethics and compliance officer at JBS Foods as a litigation and white collar defense partner, touting his combination of in-house, law firm and government experience in its announcement on Tuesday.
Charles Russell Speechlys LLP said Wednesday that it has hired a team of lawyers from Withers to establish a permanent presence in the U.S. for the first time, the next step in its international expansion strategy.
A co-founder of the global labor and employment juggernaut Ogletree Deakins Nash Smoak & Stewart PC died Monday after decades of helping shape the firm's values of honesty and transparency.
Some legal chiefs used June to spring high-level stock transactions, led by Rocket Lab's Arjun Kampani, who reported $13 million worth of deals. Broadcom's Mark Brazeal earned nearly $9.7 million in stock sales last month, while Erin Kerber of Credit Acceptance Corp. and Paul Mahon of United Therapeutics both reported selling $9 million worth of their companies' stocks.
Haynes Boone announced Monday that it has launched a firmwide initiative treating generative artificial intelligence as a "core lawyering skill," with workshops at all attorney levels administered by legal learning platform Hotshot.
Young lawyers continue to be very mobile, with roughly two-thirds of new graduates saying they have already held two or more jobs in a report released Tuesday by the National Association for Law Placement, which also found high levels of job satisfaction and large but decreasing amounts of law school debt.
A New York bankruptcy judge tossed a former Celsius Network LLC executive's lawsuit that blamed alleged oversight issues at the crypto platform on three other executives, finding that his claims belonged to Celsius and were waived under its Chapter 11 plan.
Pryor Cashman LLP said Tuesday it has continued growing its litigation group with a longtime Simpson Thacher & Bartlett LLP lawyer, who has represented "some of the most prominent names in private equity and finance," the firm said.
IBM spinoff Kyndryl Holdings Inc. said on Monday that it has appointed a longtime senior lawyer at Interpublic Group to serve as its next general counsel, following the abrupt departures of its general counsel and chief financial officer earlier this year in the aftermath of a U.S. Securities and Exchange Commission inquiry.
Simpson Thacher & Bartlett LLP announced Tuesday that a former Weil Gotshal & Manges LLP partner has joined the firm's New York office to advise clients on the U.S. tax aspects of energy and infrastructure transactions.
A group of Columbia University students who reached a settlement with the school over alleged antisemitism on campus accused Kasowitz LLP of wrongfully taking over $6 million from the deal and engaging in "self-dealing and misappropriation."
E-discovery provider CS Disco has reached a nearly $12 million deal with shareholders that would end claims that the company concealed information regarding the sustainability of its rapid revenue growth in 2021 and sexual harassment allegations against its former CEO.
A lot has changed in BigLaw recruiting as firm leaders increasingly look strategically to partner hires to add revenue. For instance, the summer lull in hiring is gone, top recruiters say.
A New York federal judge rebuked Nadine Menendez's attorneys on Monday for publicly filing a request to delay her surrender date that included "extensive intimate details" of her medical condition, calling the disclosure "astonishing" and ordering the parties to refile a redacted version by Wednesday.
Barnes & Thornburg LLP has hired the former chief operating officer from Dentons, who has taken over in that position for the firm in Washington, D.C., according to a Monday announcement.
A federal judge has sealed the partnership agreements that two ex-Clifford Chance LLP practice group heads who jumped to Sidley Austin LLP included in their lawsuit challenging a nearly $6 million clawback demand, after Clifford Chance claimed the tactics put it at a competitive disadvantage.
An attorney with Blank Rome LLP was tricked into uploading sensitive files to an external Google Drive account, allegedly exposing private information belonging to more than 57,000 individuals, according to a proposed class action accusing the law firm of inadequate cybersecurity safeguards and delayed breach notification.
Lowenstein Sandler LLP announced Monday that it has added another former Latham & Watkins LLP attorney to its environmental law and litigation practice.
S&P Global announced Monday that its executive vice president and chief legal officer will retire from the company at the end of the year as the company launched a search for his successor.
DLC, an owner and operator of open-air shopping centers, on Monday said it had named former general counsel Basil Donnelly as its new chief financial, legal and business officer.
Roc Nation LLC has told a New York federal judge that plaintiff Terrance Dixon's opposition brief filed in a pending Rule 11 sanctions fight should be struck down in part because it includes what the company alleges are fabricated quotations attributed to real judicial decisions.
O'Melveny & Myers LLP announced Monday that it has hired a former McGuireWoods partner who represents financial institutions, broker-dealers, investment advisers and public companies in sensitive government investigations and inquiries.
Paul Hastings LLP has hired the former co-head of Cahill Gordon & Reindel's private credit practice as a New York partner, Paul Hastings announced Monday.
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
Series
Biz Development Tip Of The Month: Prioritize Connections
One reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
Roundup
Biz Development Tip Of The Month
This year, experts shared 12 actionable strategies on building business in today's competitive legal market, from prioritizing human connections to maximizing the impact of thought leadership.
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.
Series
Talking Mental Health: Caring For Everyone As A Firm Leader
Reid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.
LinkedIn has several features law firms can use to showcase their capabilities and thought leadership to reach prospective and existing clients, including the Event and Live features, says Sofia Millar at Reputation Ink.
Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.
By initiating planning and processes to evaluate personal retirement goals and firm value early, longtime solo practitioners and small-firm owners can unlock a range of possibilities and potential buyers, setting up for a profitable exit and a rewarding transition, says Brent Daub at Gilson Daub.
When crafting an appellate brief, the focus for most lawyers is the argument section, but other sections also offer strategic opportunities to shape the court's perception of the case and favorably frame the issues, say attorneys at Frost Brown.
Kate Driscoll at Morrison Foerster suggests six questions to help candidates evaluate whether a secondment will benefit their career.