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New York Pulse
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Real Estate Counsel Rejoins Ropes & Gray In New York
Ropes & Gray LLP said an alumnus has rejoined the firm's New York office as counsel in its real estate investments and transactions group from GIC Pte. Ltd., a Singaporean sovereign wealth fund.
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Mid-Law Mergers: Some Eye Gains, Others Under Pressure
Mid-Law firms are increasingly eyeing tie-ups despite this year's lag in mergers, although industry observers note that some firms are jumping on opportunities while others are seeking a lifeline.
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Musk Atty Spiro's Latest Gig: Cleaning Fluid Co.'s Crypto Pivot
Quinn Emanuel Urquhart & Sullivan partner Alex Spiro is set to chair the board of directors for a cleaning product company pivoting to a crypto strategy as it builds a $175 million treasury of Dogecoin, a crypto token favored by Spiro's client Elon Musk.
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Sullivan & Cromwell Hires Ex-Asst. To The Solicitor General
Sullivan & Cromwell LLP announced Wednesday that it has hired a former assistant to the solicitor general whose wealth of appellate experience includes six arguments before the U.S. Supreme Court.
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Latham Adds Former Fried Frank Atty To M&A, PE Team In NY
Latham & Watkins LLP announced another addition to its mergers and acquisitions and private equity practice Tuesday, welcoming a former Fried Frank Harris Shriver & Jacobson LLP attorney with broad expertise in asset management M&A transactions.
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Legal Rates Surge Moderates, But Pressure Remains High
As legal departments face mounting pressure to manage costs, increases in hourly billing rates from law firms appear to be moderating, with the first few months of 2025 presenting a snapshot of this reality, according to a recent report from Wolters Kluwer's ELM Solutions.
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The Top In-House Hires Of August
Legal department hires in the last month included high-profile appointments at the Association of Corporate Counsel, GE Vernova, and a California legal legend joining an AI startup named Anthropic. Here, Law360 Pulse looks at some of the top in-house announcements from the past few weeks.
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Longtime Frankfurt Kurnit Litigator Joins Proskauer In NY
Proskauer Rose LLP continues expanding its litigation team, announcing Tuesday it is bringing in a Frankfurt Kurnit Klein & Selz PC commercial litigator as a partner in its New York office.
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Sullivan & Cromwell Sees NY Exits As It Grows In London
Sullivan & Cromwell LLP has seen at least two of its mergers and acquisitions attorneys depart from its New York office in recent weeks, as the global firm concurrently boosts its standing in London with the announcement this week of two high-profile private capital hires.
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Real Estate Trio Join Winstead In NY, Nashville
Texas firm Winstead PC announced Tuesday that three experienced real estate attorneys have joined its real estate practice as shareholders based in Nashville, Tennessee, and New York.
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Goodwin Adds Sidley Atty To Lead Shareholder Activism Team
Goodwin Procter LLP has tapped a Sidley Austin LLP partner to lead its shareholder activism and takeover defense practice, the firm announced Tuesday.
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This 100-Year-Old New York Firm's Secret? No Nepo Babies
Success and longevity are child's play for this New York plaintiffs firm, which leaders say is thanks to a decades-old rule banning nepo babies on the payroll.
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NY Medical Transport Co. Names General Counsel As Co-CEO
The company formerly known as Blade Air Mobility Inc. said in a securities filing that it had appointed its general counsel to serve as co-CEO.
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The 2025 Regional Powerhouses
Law360's annual list of regional powerhouses reflects not only the work of exemplary firms, but also emerging legal trends in each state, from matters involving Colorado's growing life sciences industry, to an uptick in bankruptcies in Delaware, to the continued flurry of intellectual property litigation in California.
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Law360's Legal Lions Of The Week
Sullivan & Cromwell LLP leads this week's edition of Law360 Legal Lions, after the Fifth Circuit vacated a pair of Biden-era regulations aimed at bolstering transparency in the short-selling market.
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Scores On July Bar Exam Rise Amid Dip In Test Takers
The number of examinees passing the multistate bar exam in July continued to gain momentum, with near record highs seen this summer over the past 12 years, according to an announcement from the National Conference of Bar Examiners.
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Sterlington Continues Corporate Growth With WilmerHale Atty
Sterlington PLLC announced another addition to its corporate bench Wednesday, this time a longtime transactional attorney who most recently worked for WilmerHale.
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Law360 Names Attys Who Moved Up The Firm Ranks In Q2
A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. Law360 reveals the list of attorneys whose commitment to legal excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the second quarter of the year.
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Voir Dire: Law360 Pulse's Weekly Quiz
BigLaw firms announced a slew of new hires this week as the legal industry sees August recede in the rearview mirror. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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'I'm Flabbergasted': Fla. Atty's Accusers Rip Bar For Inaction
More than a year after it began receiving complaints that a Florida lawyer was ghosting clients, the state bar has yet to take action — highlighting what experts call a slow-moving process that can fail to keep pace with expansive alleged frauds.
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Judge Rejects Reed Smith's Sanctions Bid In Doc Feud
A New York federal judge has ordered the new owner of international shipping company Eletson to turn over documents requested by competitor Levona as the latter company looks to vacate an allegedly fraudulent $102 million arbitral award, while also ruling that Reed Smith LLP's threat of sanctions is unfounded.
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Ex-Katten Partner's $67M Age Bias Suit Stayed For Arbitration
A Manhattan federal judge stayed a $67 million discrimination lawsuit brought by a former Katten Muchin Rosenman LLP partner alleging the firm pushed him out of the aircraft-finance practice group, pressured him to resign and then fired him because of his age, saying there is an arbitration agreement at play.
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In Their Words: Will AI Kill The Billable Hour?
The rising use of generative artificial intelligence tools that allow attorneys to get work done faster is creating tension with the traditional model of billable hours. Here, six legal leaders give their take on whether AI will eliminate the billable hour.
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MoFo Hires Chief Information Officer From Boston Consulting
Morrison Foerster LLP has hired a longtime Boston Consulting Group executive, who the firm said in a Thursday announcement will implement its digital and artificial intelligence strategies and will be responsible for its digital transformation initiatives.
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FedArb Hires Ex-RTX Legal Chief As Commercial Mediator
California-based alternative dispute resolution service Federal Arbitration Inc., or FedArb, announced Wednesday the hiring of a former corporate vice president and chief litigation counsel at aerospace and defense conglomerate RTX Corp. as a Connecticut-based mediator and arbitrator focused on commercial matters.
Expert Analysis
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Series
Defining The Culture For A Legal Nonprofit
We co-founded The International Academy of Financial Crime Litigators to connect leading trial lawyers, litigation experts and academics, and our experience has shown that embracing opportunity, responding fearlessly to market realities, and relentlessly defining the organization’s culture have all been integral to success, say Stéphane Bonifassi, Lincoln Caylor and Elizabeth Ortega.
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5 Emerging Themes Shaping Lateral Partner Moves This Year
A few key trends have arisen in partners’ lateral movements in the first half of 2025, reflecting a legal market defined by macroeconomic uncertainty, shifts in firm structures and rising scrutiny of firm affiliations, say legal recruiters at Macrae.
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Series
Biz Development Tip Of The Month: Be A Mentor Or Mentee
Mentorship is a powerful tool for business development when both mentors and mentees approach their relationships with strategic purpose, ensuring professional success while supporting broader business goals, say Angela Liu at Dechert and Jessica Lewis at WilmerHale.
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4 Biz Dev Steps For Attys Who Don't Know What They Want
Junior attorneys are increasingly expected to start building books of business while they are still figuring out their long-term career goals, but a few pointers can help young lawyers develop business even when they’re uncertain about their future direction, says Lana Manganiello at Practice Growth Partner.
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Protecting Client Funds From Cyberattacks
As cyberattacks on law firms continue to escalate, bar associations, law firms and individual lawyers must all take steps to protect client funds in attorney trust accounts — from imposing cyber hygiene mandates to reimagining malpractice coverage — because once that money is gone, it’s generally gone for good, says Michael Epstein at The Epstein Law Firm.
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Making Legal Cents: For Billing, Think Value, Not Time
Pricing strategy is one of the most consistently discussed but underleveraged tools in a firm's arsenal, and rather than keeping hourly billing because it's easy, firms should consider their differentiators when structuring more effective fee models, says Shireen Hilal at Maior Consultants.
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Series
Achieving Organic Growth For A Legal Nonprofit
We started Law Rocks to promote music education for underprivileged youth and raise funds for local nonprofits, and our 15-year journey has shown that enthusiasm, persistence and a great network can lead to a surprising amount of organic growth, say Nick Child and Ted Scott at Secretariat.
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Series
Biz Development Tip Of The Month: Engage With The Media
Business development is all about awareness — and by taking existing skills and adapting them to build media relationships and thereby address today's audiences, lawyers can expand their outreach and use thought leadership to build a more complete, compelling personal brand, says Michael Goodwin at Stanton PR.
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What GCs Value Most: 7 Habits Of Great Relationship Partners
When seeking outside legal advisers, general counsel want commercially savvy lawyers who cultivate relationships of trust with their in-house counterparts, back up the GC's authority and focus on actionable advice instead of abstract legal analysis, say Andrew Dick at The L Suite and Rob Morvillo at Olo.
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Series
Generating Confidence In A Legal Nonprofit
I started LawWithoutWalls to change the way legal professionals see and think about their world, and it taught me the importance of giving people a reason to believe in your nonprofit mission, as well as how to achieve work-life integration, says Michele DeStefano at the University of Miami.
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Nonequity Partner Frustrations Reflect Erosion Of Opportunity
Nonequity partners report the lowest satisfaction, highest stress and poorest financial outlook of any group of lawyers, highlighting a growing structural disconnect that leaves attorneys at many firms feeling like the ladder has been pulled up behind those who already ascended, says Jake Carroll at Nelson Mullins.
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Series
Building Brand Awareness For A Legal Nonprofit
I co-founded the Bridging the Gap Scholarship as a way to increase minority representation in BigLaw, and my advice for other legal professionals starting a nonprofit is to focus on building brand awareness early on, and to get comfortable delegating work to a dedicated team, says Imani Maatuka at Sidley.
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Learn Your Colleagues To Cross-Sell Their Services Fearlessly
Understanding where colleagues in other practice areas shine can help attorneys confidently cross-sell each other's services and bring in business to keep the firm afloat in hard times, says Joe Calve at Calve Communications.
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Series
Biz Development Tip Of The Month: Advertise Ethically
Business development in the legal industry is about building authentic connections and showcasing expertise in a way that reflects reality, and, when done right, it can elevate a practice, establish credibility and bring in clients without risking an ethics violation, says Melody Jackson at Robinhood.
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Ask A Mentor: How Do I Help After Mental Health Leave?
Molly Ranns at the State Bar of Michigan suggests five ways to smooth a colleague's return to practice after short-term mental health leave, while creating a firm culture that protects employees’ emotional health.