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New York Pulse
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Clifford Chance Structured Finance Partner Jumps To Kirkland
Kirkland & Ellis LLP has hired a former Clifford Chance LLP attorney as a debt finance partner in the firm's complex securitizations practice.
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Taylor Duma Closing After Struggle To Recover From Losses
Atlanta-based Taylor Duma LLP is set to close Tuesday following what firm leadership said was an exhaustive effort to keep the firm in business, a move that comes after a string of high-profile departures over the last year, including the losses of a former name partner and a onetime managing partner.
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Judge Can't Invoke Title VII In Vax Bias Suit, 2nd Circ. Says
The Second Circuit refused Monday to revive a Catholic New York judge's suit claiming he was unlawfully barred from entering his courthouse after his request to avoid a COVID-19 vaccine mandate on religious grounds was rejected, ruling he isn't covered by a federal anti-discrimination statute.
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FRB Makes Its Women's Initiative Official
New York-based Falcon Rappaport & Berkman LLP says that it has officially launched its women's initiative following years of informal existence, a decision it said was timed to recognize Women's History Month.
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Judges Urge Attys To Have Discovery Talks Before Fighting
A pair of Texas judges told attorneys at an American Bar Association Techshow panel in Chicago that they should talk with opposing counsel if they have concerns about relevant data not being produced in litigation before involving the court in the dispute.
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Morgan Lewis Brings On More Tax Pros From Baker McKenzie
Morgan Lewis & Bockius LLP announced Monday it has welcomed a four-member Baker McKenzie team with experience in tax and transfer pricing to the firm's New York office.
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Pillsbury Asks To Toss Suit Over Nonclient Data Breach
Pillsbury Winthrop Shaw Pittman LLP sought dismissal of a consolidated data breach action in New York federal court Friday due to the plaintiffs' alleged lack of relationship with the firm and inability to identify any cognizable damages.
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NY State Lender, Servicer Escape Foreclosure Fraud Claims
A New York federal court has dismissed a proposed class action alleging that a state-run mortgage lender and servicer schemed to inflate interest calculations in foreclosure cases after finding that all the lead plaintiff's claims were time-barred.
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NYC Sheds FDIC's Claim For Silicon Valley Bank Tax Refund
A D.C. federal court said Friday it does not have the authority to order New York City to issue a tax refund sought by the Federal Deposit Insurance Corp. in its capacity as receiver of the failed Silicon Valley Bank.
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Ex-Husch Blackwell CIO Joins Wells Fargo As AI Exec
Blake Rooney, who spent the past eight years as the chief information officer of Husch Blackwell LLP, announced through a LinkedIn post on Friday that he would be joining Wells Fargo & Co. as its artificial intelligence business executive for legal, public affairs and internal audit.
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Polsinelli Hires Practice Head From McDermott In NY
Polsinelli PC has hired a longtime McDermott Will & Schulte LLP attorney to co-lead its special situations and alternative investment practice, saying the move "further advanc[es] the firm's strategic focus on private credit, distressed investing, and complex restructuring matters."
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Law360's Legal Lions Of The Week
The Lanier Law Firm, Kiesel Law LLP, Panish Shea Ravipudi LLP, Wagstaff & Cartmell LLP and Beasley Allen Law Firm lead this week's edition of Law360 Legal Lions, after a California state jury in a bellwether trial found Meta and Google liable for harming the mental health of a woman who says she became addicted to their social media platforms as a child.
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BigLaw Races To Capture Expanding Fund Finance Market
Debt financing work at the fund level has long been dominated on the lender side by attorneys from Cadwalader Wickersham & Taft LLP, Haynes Boone and Mayer Brown LLP, but other firms are increasingly crafting formal practices and poaching fund finance stars from the more established players.
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Simpson Thacher Adds 2 Ex-Kirkland Restructuring Partners
Two former Kirkland & Ellis LLP restructuring attorneys have joined Simpson Thacher & Bartlett LLP as partners in the capital structure solutions practice.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the beginning of spring with another action-packed week as attorneys took on new roles and firms launched offices across the country. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Law360 Pulse Spotlight On Mid-Law Work
Lieff Cabraser's handling of a proposed class action against xAI and Winstead PC's role in establishing a first-of-its-kind infrastructure district lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from March 13 to 27.
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White & Case Staffer Sues Firm Over Nude Photo Ridicule
A White & Case LLP staffer sued the law firm in New York state court Wednesday, alleging the firm's purported "hostile work environment" shielded his colleagues after they allegedly shared nude photos of him, which he claims were taken by his supervisor while he was unconscious at a firm-sponsored party.
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Penny Stock Seller Says SEC Fraud Claim Fails Without Victim
Western Bankers Capital Inc. and the estate of its operator have urged a New York federal judge to grant them an early win in a U.S. Securities and Exchange Commission suit alleging they and others reaped nearly $6 million in illicit proceeds by selling unregistered penny stocks, in part because they say they were a victim of the alleged scheme.
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In-House Counsel Pick Latham As Top Business Developer
A new survey in which general counsel and other in-house decision-makers rank law firms according to how well they help with business development placed Latham & Watkins LLP as number one, followed closely by King & Spalding LLP, Jones Day and Ropes & Gray LLP.
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Nixon Peabody Hires Former Interim US Atty For EDNY
Nixon Peabody LLP announced Wednesday that it has hired a prominent federal prosecutor who spent about two decades with the Department of Justice, including as interim U.S. attorney for the Eastern District of New York.
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King & Spalding Adds White & Case Capital Markets Pro In NY
King & Spalding LLP announced Thursday that it has brought on a former White & Case LLP capital markets attorney as a partner in its corporate practice group in New York.
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Maduro Judge Hints US Should Reconsider Legal Fee Refusal
A Manhattan federal judge suggested Thursday that the Trump administration should revisit its refusal to allow former Venezuelan President Nicolás Maduro to access his country's funds to pay for his defense against narco-terrorism and trafficking charges.
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Law Firm Real Estate Report
Several law firms around the country, including Arnold & Porter Kaye Scholer LLP, Gordon Rees Scully Mansukhani LLP and Winston & Strawn LLP, expanded their footprints this month by either moving into larger offices or entering new markets.
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Akerman Tests 'Moneyball' AI Model For Recruiting Partners
Akerman LLP is testing its own proprietary artificial intelligence tool designed to help the firm's partner recruitment by evaluating whether lateral hires are likely to succeed there.
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Holland & Knight Expands Recently Leased NY Office
Holland & Knight LLP is expanding the Midtown Manhattan office it leased in 2024 with an extra 32,570 square feet as its ranks continue to grow in the Empire State, the firm confirmed Wednesday.
Expert Analysis
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Roundup
Legal Tech Talks
Company founders, attorneys and other professionals working in the legal tech space share their journeys into the industry, challenges they face when working with law firms and legal departments, and common misconceptions about technology.
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4 Tips For Attys To Turn An Interim Job Into A Long-Term Role
As some attorneys seek interim roles amid economic uncertainty, big-picture thinking and a few proactive steps can help to turn those short-term assignments into long-term positions, says Amy Vanderhoof at Major Lindsey.
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The Augmented Lawyer: AI Exercises For Junior Attorneys
As artificial intelligence tools become increasingly adept at handling entry-level legal tasks, firms and organizations must consider new ways to train and mentor junior attorneys to prepare them for leadership in an AI-integrated profession, say attorneys at KXT Law.
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Series
Biz Development Tip Of The Month: Embrace LinkedIn
Attorneys who recognize LinkedIn as a powerful professional platform can gain significant competitive advantages in business development via strategic content creation, meaningful industry discussions and consistent visibility within target markets, says Agatha Mouillet at Horvitz & Levy.
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Guidance For Attorneys As Tariffs Reshape Legal Hiring
As law firms and in-house legal departments grapple with the uncertainty of evolving tariff policies, attorneys at all career stages should consider how to lean into these shifts to best position themselves for long-term opportunities, says Rena Barnett-Matthews at Attorney Career Coach.
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How Firms Can Plan For Succession Of Admin Professionals
Many law firms are familiar with the need for attorney succession plans, but it’s also essential to plan for the succession of administrative professionals — from human resources personnel to finance leaders — to ensure continuity of critical day-to-day operations, say Eryn Carter and Travis Armstrong at the Association of Legal Administrators.
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Series
Expanding The Reach Of A Legal Nonprofit
I co-founded the Legal Mentor Network with the goal of providing free legal mentoring to law students and early career attorneys, and the experience has highlighted how nonprofits can grow with the help of strong sponsorships and volunteers who all operate from a positive place, says Chrystal Mauro at the Legal Mentor Network.
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How 1Ls Can Plan For Sped-Up Summer Associate Hiring
The ever-earlier recruiting of summer associates sets high stakes before new law students may even realize, but 1Ls can better land a good 2L summer fit if they hit their first semester focused on the hiring timeline and ready to ask important questions about their would-be firms, says Kate Reder Sheikh at Major Lindsey.
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How GCs Can Help Build A Geopolitical Command Center
In the face of sustained regulatory and economic uncertainty, general counsel can help businesses move from reactive to proactive management by building a clear, cross-functional geopolitical command center that monitors and coordinates responses to a wide spectrum of issues, says Lars Faeste at FTI Consulting.
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For Some Lawyers, Building A New Practice Makes Perfect
Leaving an established law firm to start a boutique business of your own requires not only vision and resilience but also a solid business plan to help mitigate risks and increase your chances of unparalleled personal and professional success, says Rebecca Palmer at the Rebecca L. Palmer Law Group.
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Beyond Billable Hours: The Unseen Labor Of Women In Law
The legal profession has a critical role to play in reducing attrition of women lawyers by addressing the disproportionate burden of the mental load — the often-unseen work of managing tasks and anticipating needs in both personal and professional realms, says Michelle Browning-Coughlin at Northern Kentucky University’s Chase College of Law.
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10 Key Strategies For Successful Lateral Partner Integration
To help ensure new partners and practice groups are successfully integrated, firms should embrace specific structured practices that recognize each lateral's distinct value, personalize their integration plans and proactively address transition complexities long after onboarding ends, say Elizabeth Kennedy at NewEdge BD and Erika Steinberg at CMO2Go.
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How Firms Can Manage DEI Commitments Amid Headwinds
By recalibrating how they structure and communicate their inclusion efforts, law firms can reduce legal exposure and preserve their values, says Angela Vallot at VallotKarp Consulting.
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Key Ingredients For Effective Law Firm Strategic Planning
As the legal industry faces political turmoil and economic uncertainty, the time is ripe for firms to revisit their strategic plans, ensuring they contain a few essential elements — from accountability systems to broad-based input — to achieve sustainable growth and profitability, says Joe Calve at Calve Communications.
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AI-Powered Biz Development Can Democratize Rainmaking
As fluency in artificial intelligence becomes a competitive imperative in the legal industry, the next generation of rainmakers likely won’t be defined by their Rolodexes or club memberships, but by their ability to leverage AI business development tools effectively, says Jessica Aries at By Aries.