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More lawyers are expected to seek guidance on the ethical issues surrounding the growing interest in using managed services organizations to allow private equity investment in law firms, but thus far any input on the model from state ethics committees is in short supply.
Barnes & Thornburg LLP announced Thursday that it has added all 35 public finance lawyers from Ballard Spahr LLP to its government services and finance department in multiple locations around the country, including three new markets in Baltimore, Denver and Phoenix.
The U.S. Department of Education has been causing student loan balances to appear doubled on borrowers' credit reports, a New York resident alleged in a proposed class action filed Wednesday in New York federal court, saying her $150,000 total loan balance was reported at $300,000.
Sidley Austin LLP said Wednesday it had hired the chair of Crowell & Moring LLP's New York antitrust practice.
The American Bar Association's ethics committee is guiding judges to maintain the same level of neutrality and impartiality in working with court staff that they exercise when presiding in the courtroom, according to its latest formal opinion on Wednesday.
State supreme court leaders said Wednesday they will conduct a thorough review of law school accreditation practices this year, a move that comes after state justices in Texas and Florida recently ended the American Bar Association's longstanding accreditation monopoly in those states.
Paul Weiss Rifkind Wharton & Garrison LLP announced on Wednesday that it has hired a former federal prosecutor who recently stepped down as deputy director of enforcement at the U.S. Securities and Exchange Commission.
Linklaters LLP has brought on an Allen Overy Shearman Sterling executive to lead the law firm's operations in the Americas amid a "significant U.S. expansion," the firm announced on Wednesday.
Benesch Friedlander Coplan & Aronoff LLP has launched a practice to bolster its capacity to represent clients across the U.S. in regulatory, enforcement and litigation matters.
With just over one-third of the lawyers who participated in the In-House Counsel Satisfaction Survey saying they’re satisfied with their advancement prospects, Law360 Pulse spoke with seasoned general counsel about how they advanced in their careers.
While in-house counsel generally report they are satisfied with their jobs, crushing workloads coupled with shriveling budgets are causing serious burnout among those sandwiched between the top dogs and junior attorneys, experts said.
Law360 Pulse asked corporate counsel to identify some common misconceptions about working in-house and share their thoughts on the rewards and challenges of their jobs. Here's what they said.
Most in-house lawyers remain satisfied with their roles and would choose the career again, but advancement opportunities continue to lag behind other measures of satisfaction, according to a new Law360 Pulse report.
Paul Hastings LLP announced Wednesday that it has tapped a former Cooley LLP partner and onetime Merck & Co. attorney to chair its life sciences transactions team.
Suzzanne W. Decker, who was recently named chief growth officer at Miles & Stockbridge, joined Law360 Pulse to discuss the firm's focus on expanding its presence in its traditional Mid-Atlantic markets and points further north.
Connell Foley LLP announced Tuesday it is launching a new bankruptcy and restructuring practice group and a new office in Wilmington, Delaware, with the addition of five partners from FBT Gibbons LLP.
Winklevoss-led crypto exchange Gemini Space Station Inc. on Tuesday promoted one of its lawyers to interim general counsel as it parted ways with its chief legal officer, just weeks after the platform said it would wind down some international operations and reduce its workforce.
Barclay Damon LLP announced Tuesday that it has brought on a former Underberg & Kessler LLP partner, who the firm says will strengthen "the firm's capacity to serve clients navigating a dynamic and evolving commercial real estate market."
Arnold & Porter Kaye Scholer LLP announced on Tuesday that it has hired a BigLaw veteran focused on capital markets and securities transactions for financial institutions who most recently worked for Freshfields LLP.
A new managed services organization created by the previously announced merger of three legal industry providers, backed by a private equity firm, officially launched on Tuesday.
Greenberg Traurig LLP has hired two co-chairs of Foley Hoag LLP's international trade and national security practice, who are joining the firm in New York and Washington, D.C., to work with regulatory counseling matters, sanctions issues and with matters related to foreign investment in the United States.
A class of National Football League coaches will have their day in court after a New York federal judge on Friday denied the NFL its bid to force the coaches' discrimination claims into arbitration because it did not provide a fair and neutral arbitration forum.
Kelley Drye's handling of a $700 million consulting firm acquisition and Atkinson Andelson's and Mitchell Silberberg's dueling complaints in a dispute over the iconic "Ghostface" mask lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Jan. 30 to Feb. 13.
WilmerHale and Gillam & Smith LLP lead this week's edition of Law360 Legal Lions, after a Texas federal jury cleared Apple of infringement claims over patents covering 4G wireless technology, in a case that previously led to jury verdicts of $506 million and $300 million.
Lowenstein Sandler LLP announced Friday that the head of its mortgage and structured finance practice was elected the firm's new managing partner, the first change in the managing partner position in nearly 20 years.
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.
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.
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.
Series
Ask A Mentor: How Can I Ace My Upcoming Annual Review?
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.
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.
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?
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.
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.
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.
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
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?
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.
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.
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?
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.