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New York Pulse
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Former Solo Practitioner Joins Goodwin's Funds Team
A former solo practitioner focused on the formation and life cycle management of private investment funds and related vehicles has joined Goodwin Procter LLP in New York, the firm announced Wednesday.
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Ethics Guidance Lags Private Equity's Interest In Legal Field
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.
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Barnes & Thornburg Adds 35 Ballard Spahr Attys, 3 Offices
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.
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Education Dept. Faces Suit Alleging Double Loan Reporting
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.
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Crowell & Moring Antitrust Leader Jumps To Sidley In NY
Sidley Austin LLP said Wednesday it had hired the chair of Crowell & Moring LLP's New York antitrust practice.
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Judges' Neutrality Must Extend Beyond Courtroom, ABA Says
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.
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State High Court Chiefs To Review Law School Accreditation
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.
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Former SEC Deputy Director Joins Paul Weiss
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.
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Linklaters Hires Americas COO From A&O Shearman
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.
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Benesch Launches State AG-Focused Practice Group
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.
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4 Tips For Attys To Climb The In-House Ladder
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.
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Big Workloads Burning Out Mid-Level In-House Legal Execs
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.
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What Lawyers Really Think About Working In-House
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.
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How Happy Are In-House Attorneys At Work?
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.
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Paul Hastings Adds Cooley Atty As Life Science Deals Leader
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.
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Miles & Stockbridge's Growth Chief Talks Of Expansion Plans
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.
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Connell Foley Debuts Practice, Office With FBT Gibbons Attys
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.
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Gemini Parts Ways With CLO Amid Post-IPO Strategy Shift
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.
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Barclay Damon Adds RE, Finance Pro From NY Firm
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."
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Arnold & Porter Adds Transactions Partner From Freshfields
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.
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Managed Services Organization Opensity Debuts After Merger
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.
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Greenberg Traurig Expands With Key Trade Experts
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.
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NFL Found To Fumble Arbitration Over Bias, Must Go To Court
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.
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Law360 Pulse Spotlight On Mid-Law Work
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.
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Law360's Legal Lions Of The Week
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.
Expert Analysis
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Why Writing CLE Should Be Mandatory For Lawyers
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Though effective writing is foundational to law, no state requires attorneys to take continuing legal education in this skill — something that must change if today's attorneys are to have the communication abilities they need to fulfill their professional and ethical duties to their clients, colleagues and courts, says Diana Simon at the University of Arizona.
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How To Find Your Inner Calm When Client Obligations Pile Up
In the most stressful times for attorneys, when several transactions for different partners and clients peak at the same time and the phone won’t stop buzzing, incremental lifestyle changes can truly make a difference, says Lindsey Hughes at Haynes Boone.
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Series
Ask A Mentor: How Can I Support Gen Z Attorneys?
Meredith Beuchaw at Lowenstein Sandler discusses how senior attorneys can assist the newest generation of attorneys by championing their pursuit of a healthy work-life balance and providing the hands-on mentorship opportunities they missed out on during the pandemic.
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Law Firm Cybersecurity Should Not Get Lost In The Cloud
A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.
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Advice For Summer Associates Uneasy About Offer Prospects
There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.
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How Law Firms Can Cautiously Wield AI To Streamline Tasks
Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.
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Keys To Managing The Stresses Of Law School
Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.
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Can Mandatory CLE Mitigate Implicit Bias's Negative Impacts?
Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.
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Ditch The Frills And Start Writing Legal Letters In Plain English
To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.
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Series
Ask A Mentor: How Can I Negotiate My Separation Agreement?
Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.
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DoNotPay Cases Underscore Hurdles For AI-Fueled Legal Help
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
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For The Future Of Legal Practice, Let's Learn From The Past
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
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Why All Law Firms Should Foster Psychological Capital
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
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A GC's Guide To Litigation, Inspired By Sun Tzu's 'Art Of War'
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
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Mentorship Is Key To Diversity In The Legal Industry
Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.