Business of Law

  • August 02, 2024

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    The DOJ unveiled its pilot program to reward whistleblowers who alert prosecutors to significant corporate misconduct — though the rollout didn't come without criticism from attorneys — and a new report determined that class actions accusing companies of deceiving investors about their AI capabilities are on the rise this year.

  • August 02, 2024

    Law360's Legal Lions Of The Week

    Wilkinson Stekloff LLP and Covington & Burling LLP lead this week's edition of Law360 Legal Lions, after a California federal judge overturned a Los Angeles jury's $4.7 billion verdict against the National Football League for violating antitrust laws with its Sunday Ticket television package.

  • August 02, 2024

    Legal Jobs Ticked Down Slightly In July

    The legal industry shed 500 jobs in July, continuing a three-month streak of declines following a gain in April, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.

  • August 02, 2024

    DOJ Sues TikTok For Sweeping Children's Privacy Breaches

    The U.S. Department of Justice on Friday hit TikTok and its parent company with a highly anticipated lawsuit accusing the short-form video app of engaging in "widespread" violations of children's privacy law by collecting a "wide variety" of personal information from kids under 13 without parental consent. 

  • August 02, 2024

    Crowell & Moring Team Flocks To Defend Its Real-Life Mascots

    Some employees from Crowell & Moring LLP, whose mascot is a rubber duck, spent the summer helping to rescue real-life ducklings who were caught in precarious situations on the firm's Washington, D.C., balconies. Here, Law360 Pulse talks to a firm wildlife expert who made it her mission to help the baby Mallards.

  • August 02, 2024

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen insurance broker Marsh sue the collapsed Greensill Bank, the former chair of the Islamic Students Association of Britain pursue a defamation case against the Jewish Chronicle, Berkshire Hathaway and Lloyd's face action from a shipping company, and alleged fraudster Ronald Bauer hit a loan company with a claim. Here, Law360 looks at these and other new claims in the U.K.

  • August 01, 2024

    Duane Morris Atty Says White Men Get Unfair Leg Up On Pay

    A Black attorney sued Duane Morris LLP in California federal court, alleging the firm systemically underpaid female and nonwhite attorneys while also engaging in an employee misclassification scheme that allowed it to offload firm expenses onto nonequity partners.

  • August 01, 2024

    Prisoner Swap Includes Russian Convicted Of Insider Trading

    A Kremlin-linked Russian national serving nine years for the largest insider trading case ever prosecuted in the U.S. was among the 24 people freed Thursday in an elaborate prisoner swap that included American journalist Evan Gershkovich and former Marine Paul Whelan.

  • August 01, 2024

    Reed Smith Says NJ High Court Ruling Limits Ex-Atty's Claims

    A recent New Jersey Supreme Court ruling "dramatically changes the landscape and scope" of a former Reed Smith LLP attorney's discrimination suit, the firm has told a state court judge in a brief asking that discovery and damages be limited and one claim be dismissed.

  • August 01, 2024

    Judge Maintains Bulk Of Ex-Rutgers Law Student's Bias Suit

    A New Jersey state judge on Thursday rebuffed for the most part an attempt by Rutgers University to prune a former law student's lawsuit alleging antisemitic discrimination, saying dozens of passages the school sought to excise from the 260-paragraph complaint are relevant to the case.

  • August 01, 2024

    The Top In-House Hires Of July

    Legal department hires over the last month included high-profile appointments at Roku, JetBlue and Harvard University. Here, Law360 Pulse looks at some of the top in-house announcements from July.

  • August 01, 2024

    Georgia Justices Unveil Changes To Bar Exam In 2028

    Georgia law school leaders largely welcomed the state Supreme Court's announcement this week that the state will offer the new Next Generation bar exam and, for the first time in decades, allow third-year law students to sit for the bar exam, calling the move a "game changer" for students to enter the legal profession sooner.

  • August 01, 2024

    DC Panel Wants 2-Year Sanction For Ex-DOJ Atty Jeffrey Clark

    A Washington, D.C., attorney disciplinary panel on Thursday recommended a two-year suspension for former Justice Department official Jeffrey Clark, finding he acted "with truly extraordinary recklessness" when he sought to promote former President Donald Trump's efforts to undermine the 2020 presidential election.

  • August 01, 2024

    Duane Morris Seeks $3.25M Fee For Pirate Treasure Win

    Duane Morris LLP attorneys who recently won a Delaware Court of Chancery order unwinding a merger that set up unfair terms for distributions from a sunken pirate ship salvage venture potentially worth $200 million to $1 billion have asked for a $3.25 million fee for their five-year effort.

  • August 01, 2024

    Foley & Lardner's 'Ultimate Mentor' Stan Jaspan Dies At 78

    Longtime Foley & Lardner LLP managing partner Stan Jaspan, who died on July 27, is being remembered as a "brilliant man" and "ultimate mentor" who dedicated his entire legal career to the firm.

  • August 01, 2024

    White House Defends 6th Circ. Nom Against Tenn. Senator

    The Senate Judiciary Committee approved seven judicial nominees on Thursday, including one for the Sixth Circuit under fire from her home-state senators.

  • August 01, 2024

    Senate Passes Bill To 'Systematically' Increase Judgeships

    The Senate passed a bipartisan bill Thursday by voice vote to create 66 new and temporary judgeships to help federal courts handle increasing workloads.

  • August 01, 2024

    2023 Worst Year Yet For Cyberattacks On Law Firms: Study

    Last year was the worst on record in terms of cyberattacks on law firms, according to an industry study published Thursday that found there were 45 known attacks, 1.6 million records affected and an average ransomware demand of $2.47 million in 2023.

  • August 01, 2024

    NY Appeals Court Upholds Trump Gag Order

    A New York appeals court on Thursday rejected Donald Trump's bid to strike down a gag order that bars him from threatening court and district attorney staff in his criminal hush money case ahead of his scheduled sentencing next month, as the former president renewed his bid to vacate his conviction following the U.S. Supreme Court's immunity ruling.

  • August 01, 2024

    Meet 3 Legal Industry Pros At The Paris Olympics

    Legal professionals who work or have worked at firms like Mayer Brown, Crowell & Moring and Pinsent Masons are participating in this year's Olympic Games as a runner, a field hockey player and a water polo referee.

  • August 01, 2024

    Schumer And Senate Dem Bill Would Reverse Trump Immunity

    Senate Majority Leader Chuck Schumer, D-N.Y., and more than 30 of his Democratic colleagues introduced a bill on Thursday to undo the U.S. Supreme Court's ruling that former President Donald Trump has immunity for official acts.

  • July 31, 2024

    Barr Chided Again, This Time For 'Chaotic' Protest Response

    The U.S. Department of Justice's watchdog has again criticized former Attorney General William Barr for his actions during the Trump administration, this time focusing on his "chaotic and disorganized" response to protests and civil unrest in 2020 following the murder of George Floyd, according to a report issued Wednesday.

  • July 31, 2024

    Live Nation Says In-House Attys Can't Access DOJ Docs

    As it warned would be the case, Live Nation is telling a New York federal judge that it has no in-house counsel that will be able to meet his rules on counsel access to highly confidential material in the U.S. Department of Justice's antitrust suit against the live events company.

  • July 31, 2024

    Calif. Bar Says Atty Can't End Billing Scandal's Hacking Claim

    A San Fernando Valley attorney cannot escape an ethics charge alleging he plotted to hack the email and phone of a judge overseeing a public utility class action, the California Bar has told the State Bar Court, urging the court to reject the attorney's argument that merely "discussing plans" for a hack is not an offense.

  • July 31, 2024

    Justices Urged To Review Airline Price-Fixing Deal Payout

    Two class members in a long-running airline price-fixing suit are asking the U.S. Supreme Court to reverse a secondary distribution of over $5 million in settlement money, saying unclaimed funds should have been sent to state treasuries, not class counsel.

Expert Analysis

  • What Large Language Models Mean For Document Review

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    Courts often subject parties using technology assisted review to greater scrutiny than parties conducting linear, manual document review, so parties using large language models for document review should expect even more attention, along with a corresponding need for quality control and validation, say attorneys at Sidley.

  • Tips For Camp Lejeune Attorneys To Mitigate TCPA Suit Risks

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    To retain and assist Camp Lejeune clients, it is vital to understand best practices to avoid violating the Telephone Consumer Protection Act, which has been at the center of recent lawsuits against attorneys seeking to reach veterans and their families affected by the toxic water exposure at the Marine Corps base, says Libby Vish at SimplyConvert.

  • Series

    Participating In Living History Makes Me A Better Lawyer

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    My role as a baron in a living history group, and my work as volunteer corporate counsel for a book series fan association, has provided me several opportunities to practice in unexpected areas of law — opening doors to experiences that have nurtured invaluable personal and professional skills, says Matthew Parker at the Nebraska Department of Health and Human Services.

  • Opinion

    Private Equity Owners Can Remedy Law Firms' Agency Issues

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    Nonlawyer, private-equity ownership of law firms can benefit shareholders and others vulnerable to governance issues such as disparate interests, and can in turn help resolve agency problems, says Michael Di Gennaro at The Law Practice Exchange.

  • Opinion

    Companies Must Not Back Down On DEI Efforts

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    In the face of recent lawsuits filed to challenge schools' diversity efforts, and a U.S. Supreme Court potentially friendly to purely hypothetical arguments, companies must stand strong and not be intimidated into abandoning diversity and inclusion programs, says Licha Nyiendo at Human Rights First.

  • How To Protect Atty-Client Privilege While Using Generative AI

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    When using generative artificial intelligence tools, attorneys should consider several safeguards to avoid breaches or complications in attorney-client privilege, say Antonious Sadek and Christopher Campbell at DLA Piper.

  • Opinion

    New York Must Guarantee Court Neutrals Fair Compensation

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    Neutrals that serve New York’s court-annexed alternative dispute resolution program are underappreciated and face injurious unjust enrichment because they are required to provide parties with a certain amount of free time, so the state must establish minimum guaranteed compensation floors with deliberate speed, say Elan Weinreb at Weinreb Law and Dorothy Kaldi at Petza & Kaldi Mediation.

  • How New Lawyers Can Leverage Feedback For Growth

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    Embracing constructive criticism as a tool for success can help new lawyers accelerate their professional growth and law firms build a culture of continuous improvement, says Katie Aldrich at Fringe Professional Development.

  • Twitter Legal Fees Suit Offers Crash Course In Billing Ethics

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    X Corp.'s suit alleging that Wachtell grossly inflated its fees in the final days of Elon Musk’s Twitter acquisition provides a case study in how firms should protect their reputations by hewing to ethical billing practices and the high standards for professional conduct that govern attorney-client relationships, says Lourdes Fuentes at Karta Legal.

  • ABA's Money-Laundering Resolution Is A Balancing Act

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    While the American Bar Association’s recently passed resolution recognizes a lawyer's duty to discontinue representation that could facilitate money laundering and other fraudulent activity, it preserves, at least for now, the delicate balance of judicial, state-based regulation of the legal profession and the sanctity of the attorney-client relationship, say attorneys at Ballard Spahr.

  • Roundup

    In A 'Barbie' World

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    On the heels of the "Barbie" movie's historic global box office success, this Expert Analysis series explores regulatory questions and intellectual property battles that have emerged from the evolution of the iconic doll's brand.

  • Law Firm Professional Development Steps To Thrive In AI Era

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    As generative artificial intelligence tools rapidly evolve, professional development leaders are instrumental in preparing law firms for the paradigm shifts ahead, and should consider three strategies to help empower legal talent with the skills required to succeed in an increasingly complex technological landscape, say Steve Gluckman and Anusia Gillespie at SkillBurst Interactive.

  • Covington Ruling Strengthens SEC's Enforcement Powers

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    A Washington, D.C., federal court’s recent order that Covington & Burling provide the U.S. Securities and Exchange Commission with the identities of its clients in response to a subpoena reinforces the agency’s broad authority to investigate cybersecurity violations, and suggests law firms must take steps to strengthen data privacy, say Elisha Kobre and Ryan Dean at Bradley Arant.

  • The Basics Of Being A Knowledge Management Attorney

    Excerpt from Practical Guidance
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    Michael Lehet at Ogletree Deakins discusses the role of knowledge management attorneys at law firms, the common tasks they perform and practical tips for lawyers who may be considering becoming one.

  • To Hire And Keep Top Talent, Think Beyond Compensation

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    Firms seeking to appeal to sophisticated clients and top-level partners should promote mentorship, ensure that attorneys from diverse backgrounds feel valued, and clarify policies about at-home work, says Patrick Moya at Quaero Group.

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