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New York Pulse
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Companies Report Increasingly Gearing Up For AI Risks
More than a third of major public companies in a study cite AI as a risk factor in their annual financial filings, and 73% report they are aligning with external cybersecurity standards. Both numbers are significantly higher than last year.
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Fla. Investor Sues NY Atty Over Litigation Funding 'Scheme'
A New York lawyer is facing state court claims alleging he scammed a Florida investor out of more than $2.5 million by "effectively running a Ponzi scheme" under the guise of a litigation finance investment.
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NY Atty Blames Another Lawyer For AI-Faked Case Citations
A New York attorney on Tuesday denied ever having used artificial intelligence in his law practice and said the fake, AI-hallucinated cases cited in a motion to dismiss a case against his client were prepared by another attorney.
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Belkin Burden Nabs Condo & Co-Op Expert In Hiring Spree
Belkin Burden Goldman LLP added a condominium and co-op expert to its bench, noting that the new partner has expertise in corporate governance, operations disputes and building management issues.
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Debevoise Taps Goodwin Team For Private Funds Group
Debevoise & Plimpton LLP has hired a team of secondaries lawyers from Goodwin Procter LLP, including a partner who will co-chair the firm's private fund transactions group.
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Prestige Leaders: The Firms In The Billionaires' Club
As BigLaw firms continue to post record-breaking revenues, we're highlighting the firms that reported more than $1 billion in gross revenue in the most recent calendar year.
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The 2025 Law360 Pulse Prestige Leaders
Check out our Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, attractiveness to attorneys and law students, ability to secure accolades and positive legal news media representation.
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What It Takes to Stay Elite As Legal Market Shifts
The law firm market has undergone unprecedented change in recent years, allowing for more upward mobility for some firms yet presenting risks for the longtime stalwarts of prestige. Here's how law firms navigate those shifting dynamics.
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These Firms Are The 2025 Prestige Leaders
Clients gravitate towards firms with sterling reputations, and so does exceptional legal talent. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction.
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Ropes & Gray Names 21 New Partners, Keeps 1-Tier Structure
Ropes & Gray LLP has announced that it will stick to its unique one-tier partnership structure and is promoting 21 attorneys from four offices to partner as of Nov. 1.
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How GCs Can Keep The 'Essence' Of Their DEI Efforts
While shifts this year in federal diversity, equity and inclusion guidelines may have changed the way corporate legal teams track and share demographic information — including for their external counsel — a panel of in-house attorneys who spoke Monday said their work on the issue continues.
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Paul Weiss, NFL And FIFA Defender, Launches Sports Practice
Paul Weiss Rifkind Wharton & Garrison LLP, whose attorneys have represented the National Football League and FIFA, and have helped lead multibillion-dollar transactions on the acquisition of sports teams and businesses, has launched a formalized sports practice, the firm announced Monday.
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Goodwin Elects PE Pro As Incoming Managing Partner
Goodwin Procter LLP has elected private equity partner Joshua Klatzkin as the firm's next managing partner to take over next year from Mark Bettencourt, who has held the role since 2019, the firm announced Monday.
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Kirkland Rehires Esteemed NY Trial Lawyer From Latham
Kirkland & Ellis LLP announced Monday that it has rehired a prominent trial attorney from Latham & Watkins LLP, touting his record of securing 18 complete defense verdicts and more than $1.8 billion in damages for plaintiffs since 2017.
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LA Reid's Former Attys Face Sanctions Bid In Sex Assault Suit
Attorneys for a producer accusing music executive Antonio "L.A." Reid of sexual assault asked a New York federal judge to sanction his former lawyers for allegedly causing unreasonable delays to the proceedings, most recently preventing a trial from proceeding as scheduled in September.
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Paul Hastings Adds TCV Vice President To Growing PE Group
Venture capital firm TCV's vice president and associate general counsel has moved to Paul Hastings LLP as a technology-focused private equity partner.
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Trump Commutes Ex-Rep. Santos' 7-Year Fraud Sentence
President Donald Trump announced on social media Friday that he has commuted the seven-year prison sentence of former U.S. Rep. George Santos, who admitted to falsely inflating fundraising reports to qualify for National Republican Congressional Committee funding during the 2022 election.
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Federal Courts To Scale Back Operations Amid Shutdown
The federal court system has run out of money and will scale back operations beginning Monday as a result of the ongoing government shutdown, possibly leading to case delays.
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Law School Bulletin: AI Partnerships, Grants and New Clinics
This week across higher education, a legal tech company hopes to have more lawyers from Pacific Northwest legal deserts through a partnership with Seattle University, an artificial intelligence startup will offer its software to law students in South Carolina, Columbia University will name a newly renovated library after an alum who made a $15 million donation, and Cardozo School of Law will transform its clinic hub in Manhattan through a $6 million donation from a graduate.
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Latham To Bring On 3 Restructuring Pros From Ropes & Gray
Latham & Watkins LLP announced Friday that it will be adding three restructuring partners from Ropes & Gray LLP, including one who steered that firm's business restructuring practice.
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Law360 Pulse Spotlight On Mid-Law Work
Robinson & Cole's handling of a $146.5 million healthcare transaction and Munger Tolles' defense of OpenAI in a trade secrets suit lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Oct. 3 to 17.
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Law360's Legal Lions Of The Week
Caldwell Cassady & Curry PC and Miller Fair Henry PLLC lead this week's edition of Law360 Legal Lions, after a Texas federal jury found Samsung must pay nearly $445.5 million for infringing four wireless communication patents.
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Ark. Trust 'Trying To Determine' What NY Attys Did With $20M
A New York law group is facing allegations that it misappropriated $20 million that was meant to facilitate a business loan transaction on behalf of an Arkansas trust.
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Sidley Lands Ex-Acting SDNY US Attorney
Matthew Podolsky, the former acting U.S. attorney for the Southern District of New York, has jumped to private practice at Sidley Austin LLP.
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How Frost Brown, Gibbons Merger Plans Took Root
The proposed tie-up of Midwest-based Frost Brown Todd LLP and Northeast middle-market peer Gibbons PC is being praised as a smart combination in an increasingly competitive middle market where consolidation pressures are driving an increase in merger activity.
Expert Analysis
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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.
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Opinion
Law Firms Stressing Work-Life Balance Are Missing The Mark
Law firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.
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A Law Student's Guide To Thriving As A Summer Associate
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
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Burnout Prevention Requires Effort From Attys And Firms
To avoid physical and emotional exhaustion, attorneys must respect their own and their colleagues' personal and professional boundaries, but law firms must also play a role in discouraging burnout culture — especially if they are struggling with attorney retention, say attorneys at Lowenstein Sandler.