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Manhattan federal prosecutors on Tuesday concluded their case-in-chief in the $1 billion fraud trial of Chinese dissident Miles Guo, and the defense team began putting on its own witnesses to rebut the charges that the businessman convinced his followers to invest in sham companies.
The Second Circuit on Tuesday revived a proposed class action accusing big banks of rigging corporate bonds, ruling that the New York federal judge who previously dismissed the suit should have recused himself due to his wife's ownership of Bank of America stock.
More acquisitions of small law firms were announced during the first half of 2024 than in the same period of any other year going back a decade, according to the Law360 Pulse Merger Tracker.
Two of America's largest companies, GM and ExxonMobil, decided in June to hire from the outside to replace their top lawyers, while Volkswagen Group of America promoted its next general counsel from within. Here, Law360 looks at some of the top in-house announcements from June.
Former BigLaw associate Anthony Zappin is now 0-for-16 in the flurry of lawsuits he filed after a 2015 divorce sanctions ruling led to him being fired, disbarred and routinely mocked in the New York City tabloids, after the Second Circuit on Monday upheld the dismissal of a racketeering case against three foes he blames for his predicament.
Hinckley Allen & Snyder LLP has expanded its offerings in the Constitution state, adding two commercial real estate financing attorneys from McElroy Deutsch Mulvaney & Carpenter LLP.
Thus far in 2024, law firm mergers have been in keeping with prior years, industry observers said, with leaders at midsize firms considering mergers driven by a number of factors including the rise of artificial intelligence, aging firm leadership and effort to meet client demand.
Susman Godfrey LLP, Hausfeld LLP and Langer Grogan & Diver PC lead this week's edition of Law360 Legal Lions, after a California federal jury awarded $4.7 billion to two classes of DirecTV Sunday Ticket subscribers in an antitrust trial against the National Football League and its teams.
The legal industry marked the end of June with another action-packed week of BigLaw hires and three straight days of U.S. Supreme Court decisions. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Ogletree Deakins Nash Smoak & Stewart PC is no stranger to the needs of employers, focusing its legal efforts on representing management. But the law firm recently launched an effort to prioritize its own employees' mental health.
A Connecticut attorney known for representing right-wing media figure Alex Jones and other high-profile defendants has entered an appearance for a former Connecticut state budget official facing corruption charges.
Leasing activity remained strong for several large firms throughout June as Lathrop GPM moved its Chicago office into a smaller space, and Polsinelli PC planted its second flag in Utah three years after launching its Salt Lake City office and three months after relocating its St. Louis team.
This June, LGBTQ+ attorneys around the country at law firms big and small shared with Law360 how they — and their firms — are celebrating Pride Month.
The Connecticut Department of Banking is urging a state judge to affirm a $25,000 fine levied on a legal funding business, saying the court should reject the company's contention that it has no authority over transactions at issue in the penalty.
While some new attorneys earn top dollar right out of their Juris Doctor program, that isn't actually the norm, according to a new study from Georgetown University, which found that when factoring in student loan debt, the median earnings for all law graduates land at just $72,000 four years after graduation.
While BigLaw's suicide prevention efforts emphasize open communication around mental health, firms are largely less transparent about how they'd respond to the suicide of an employee.
The insurance company covering a Connecticut attorney accused of helping steal $1.4 million from a development company via a fraudulent bank transfer is seeking to drop its coverage on the grounds that the attorney's alleged actions were intentional and criminal, and therefore not insured.
Connecticut attorney discipline authorities told a state court Monday that the managing partner of a Hartford-based personal injury and employment law firm cannot walk back an admission to a rule violation, reaffirming earlier calls to suspend Emanuele R. Cicchiello for threatening a criminal probe and downloading a departing junior attorney's personal emails.
As the competition for sought-after BigLaw summer associateships continues to ramp up, some small firms and boutiques are seeing an opportunity to develop their own programs to attract law students looking to gain valuable experience.
A Connecticut woman sentenced to five years in federal prison for stealing money from vulnerable victims by pretending to be an immigration attorney can't undo her plea deal or lessen the roughly $368,000 she was ordered to pay in restitution, the Second Circuit has ruled.
Cushman & Wakefield said in a report Tuesday that the legal sector continued to take on real estate at a strong clip in the first quarter of 2024 after reaching records among office leases in both 2022 and 2023.
Judge Douglas Nazarian of the Appellate Court of Maryland has given a lot of thought to clerkships since he took the bench more than 11 years ago.
Since artificial intelligence developer OpenAI debuted ChatGPT, several legal tech companies and law firms have launched their own tools leveraging generative AI. Here is a look at how Husch Blackwell LLP is using the technology.
A Connecticut attorney accused of charging an unreasonable fee and failing to communicate with a former client following an underlying vehicle buyback negotiation has agreed to a 10-day suspension and three hours of legal ethics-focused continuing education courses.
Law schools are increasingly incorporating artificial intelligence into their curricula, including dedicated AI courses and opportunities for students to use AI tools, signaling a trend that the technology is becoming essential for future lawyers, according to results from an American Bar Association survey released Monday.
As law firms begin planning next year's summer associate events, they should carefully examine how choice of venue, activity, theme, attendees and formality can create feelings of exclusion for minority associates, and consider changing the status quo to create multiculturally inclusive events, says Sharon Jones at Jones Diversity.
Series
Ask A Mentor: How Do I Negotiate Long-Term Flex Work?Though the pandemic has shown the value of remote work, many firms are still reluctant to embrace flexible working arrangements when offices reopen, so attorneys should use several negotiating tactics to secure a long-term remote or hybrid work setup that also protects their potential for career advancement, says Elaine Spector at Harrity & Harrity.
Instead of spending an entire semester on 19th century hunting rights, I wish law schools would facilitate honest discussions about what it’s like to navigate life as an attorney, woman and mother, and offer lessons on business marketing that transcend golf outings and social mixers, says Daphne Delvaux at Gruenberg Law.
Female lawyers belonging to minority groups continue to be paid less and promoted less than their male counterparts, so law firms and corporate legal departments must stop treating women as a monolithic group and create initiatives that address the unique barriers women of color face, say Daphne Turpin Forbes at Microsoft and Linda Chanow at the Institute for Inclusion in the Legal Profession.
Opinion
We Need More Professional Diversity In The Federal JudiciaryWith the current overrepresentation of former corporate lawyers on the federal bench, the Biden administration must prioritize professional diversity in judicial nominations and consider lawyers who have represented workers, consumers and patients, says Navan Ward, president of the American Association for Justice.
Series
Ask A Mentor: How Do I Retire Without Creating Chaos?Retired attorney Vernon Winters explains how lawyers can thoughtfully transition into retirement while protecting their firms’ interests and allaying clients' fears, with varying approaches that turn on the nature of one's practice, client relationships and law firm management.
Narges Kakalia at Mintz recounts her journey from litigation partner to director of diversity, equity and inclusion at the firm, explaining how the challenges she faced as a female lawyer of color shaped her transition and why attorneys’ unique skill sets make them well suited for diversity leadership roles.
Navigating the legal world as an Asian American lawyer comes with unique challenges — from cultural stereotypes to a perceived lack of leadership skills — but finding good mentors and treating mentorship as a two-way street can help junior lawyers overcome some of the hurdles and excel, say attorneys at Paul Weiss.
As the need for pro bono services continues to grow in tandem with the pandemic, attorneys should assess their mental well-being and look for symptoms of secondary traumatic stress, while law firms must carefully manage their public service programs and provide robust mental health services to employees, says William Silverman at Proskauer.
As more law firms develop their own legal services centers to serve as both a source of flexible personnel and technological innovation, they can further enhance the effectiveness by fostering a consistent and cohesive team and allowing for experimentation with new technologies from an established baseline, say attorneys at Hogan Lovells.
Amid pandemic-era shifts in education, law schools and other stakeholders should consider the wide geographic and demographic reach of Juris Doctor programs with both online and in-person learning options, and educators should think through the various ways hybrid programs can be structured, says Stephen Burnett at All Campus.
BigLaw has the unique opportunity to hit refresh post-pandemic and enhance attorney satisfaction by adopting practices that smaller firms naturally employ — including work assignment policies that can provide junior attorneys steady professional development, says Michelle Genet Bernstein at Mark Migdal.
In order to attract and retain the rising millennial generation's star talent, law firms should break free of the annual review system and train lawyers of all seniority levels to solicit and share frequent and informal feedback, says Betsy Miller at Cohen Milstein.
Lawyers can take several steps to redress the lack of adequate LGBTQ representation on the bench and its devastating impact on litigants and counsel in the community, says Janice Grubin, co-chair of the Judiciary Committee at the LGBT Bar Association of Greater New York.
Krill Strategies’ Patrick Krill, who co-authored a new study that revealed alarming levels of stress, hazardous drinking and associated gender disparities among practicing attorneys, highlights how legal employers can confront the underlying risk factors as both warnings and opportunities in the post-COVID-19 era.