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As Milbank LLP becomes the latest law firm to award midyear bonuses, legal recruiters anticipate a ripple effect, with other major firms expected to follow suit in announcing similar bonus payments for their attorneys.
Faegre Drinker Biddle & Reath LLP's Michelle Francois helped an environmental remediation services company successfully protest an $80 million contract and persuaded the U.S. Small Business Administration to offer a company relief from a loan repayment plan that would have decimated its operations, earning her a spot among the government contracts law practitioners under age 40 honored by Law360 as Rising Stars.
Caleb Seeley of Seeger Weiss LLP has advocated for plaintiffs facing the often life-altering effects of lapses in products used by millions of consumers, including in what is thought to be the largest mass tort in American history, earning him a spot among the product liability law practitioners under age 40 honored by Law360 as Rising Stars.
Liliana Paparelli Ranger of Latham & Watkins LLP frequently handles high-profile matters such as representing Skydance Media in a recently announced merger with Paramount Global, earning her a spot among the media and entertainment practitioners under age 40 honored by Law360 as Rising Stars.
Sullivan & Cromwell LLP's Rich Le Page has advised high-profile clients such as Major League Baseball, brewing giant AB InBev, Swiss bank UBS and the Atlanta Hawks ownership group in a variety of complex deals and corporate matters, earning him a spot among the sports and betting practitioners under age 40 honored by Law360 as Rising Stars.
Ryan Adams of Morrison Foerster uses expertise gained during his time at the U.S. Securities and Exchange Commission to deliver "impossible results" for major companies on SEC issues, earning him a spot among compliance law practitioners under age 40 honored by Law360 as Rising Stars.
Nikhil Gore of Covington & Burling LLP has fought for Ukraine, its military and its businesses throughout Russia's war and shut down a startup's purportedly insincere "David and Goliath" suit against an international air carrier in Singapore, earning him a spot among the international arbitration attorneys under age 40 honored by Law360 as Rising Stars.
Nicole Lueddeke of Paul Hastings LLP represented a multibillion-dollar Japanese medical device company in a U.S. Department of Justice investigation involving alleged Foreign Corrupt Practices Act violations in one of the firm's largest white collar defense cases, earning her a spot among the white collar law practitioners under age 40 honored by Law360 as Rising Stars.
Lang Liu of Wilson Sonsini Goodrich & Rosati PC has helped steer companies like DoorDash Inc. and Lyft Inc. to successful initial public offerings in the face of uncertain markets, earning her a spot among the capital market attorneys under age 40 honored by Law360 as Rising Stars.
Jack Orford of Davis Polk & Wardwell LLP regularly acts as finance counsel to various private equity firms, including Brookfield Business Partners on its $13.2 billion acquisition of Johnson Controls' power solutions business, earning him a spot among the private equity law practitioners under age 40 honored by Law360 as Rising Stars.
The legal industry had another action-packed week as BigLaw firms hired new talent and the American Bar Association held its annual meeting in Chicago. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Jackson Lewis PC announced Thursday that it had hired two principals in Florida and Virginia whose practices focus on separate but essential areas of labor and employment law, one of whom is joining after spending his entire legal career at his previous firm.
Linklaters LLP has reportedly sanctioned a partner accused of inappropriate behavior during a work trip with a female colleague to Vienna.
Litigators are being mindful of their ethical obligations when using artificial intelligence tools by double-checking AI outputs in light of a smattering of standing orders that judges have issued on the topic.
As she takes on the role of Baker McKenzie's California managing partner, Denise Glagau hopes her journey will be a source of inspiration for fellow women attorneys in the legal industry.
Former Taylor English Duma LLP attorney Seth Trimble joined Law360 Pulse to discuss launching Buchalter’s new Atlanta office as part of a recent series of attorney departures from Taylor English in the city
A former engineer suing defense contractor Parsons Corp. for discrimination pushed back Thursday against the company's bid to disqualify his counsel, Maynard Nexsen PC, for allegedly representing both parties at the same time, saying the firm did not actually represent Parsons.
Genetic Networks LLC has sued California-based Cooley LLP in Florida state court, alleging the law firm failed to file documentation needed to secure a lien when preparing loan papers for $1.2 million lent to ECI Pharmaceuticals.
McElroy Deutsch Mulvaney & Carpenter LLP urged a New Jersey bankruptcy court Thursday to throw out a Chapter 11 filing from its former chief financial officer, who has been sent to prison for stealing over $1 million from the firm, slamming it as a bad faith "tactical maneuver" to stall ongoing civil litigation.
Milbank LLP plans to award midyear bonuses of up to $25,000 to all associates and special counsel, according to an internal email sent Thursday by Chairman Scott Edelman.
Nearly 50 Holland & Knight LLP attorneys around the country have moved their practices to Polsinelli PC, led by 35 shareholders, counsel and associates who helped the firm launch a new office in Philadelphia.
Elise Baumgarten of Williams & Connolly LLP was counsel for Endo Pharmaceuticals in a "pay for delay" class action arising from a patent settlement that ended with a verdict in Endo's favor, and she won a major trial for Merck & Co. Inc. in Hatch-Waxman patent litigation, earning her a spot among healthcare law practitioners under age 40 honored by Law360 as Rising Stars.
Randa Adra of Crowell & Moring LLP helped lead a $1.7 billion arbitration between an Egyptian state agency and Damietta International Port Co., playing a significant role in the infrastructure dispute involving complex financial and engineering issues and landing her among the international arbitration attorneys under age 40 honored by Law360 as Rising Stars.
Lauren Boehmke of Sullivan & Cromwell LLP advised AT&T in a massive $43 billion merger of its WarnerMedia business unit and Discovery that positioned AT&T as one of the best capitalized 5G and fiber broadband companies in the United States, earning her a spot among the media and entertainment attorneys under age 40 honored by Law360 as Rising Stars.
Keri Schick Norton of Kirkland & Ellis LLP regularly acts as lead counsel to some of the top private equity firms in the industry, such as Blackstone and Warburg Pincus, in their deal transactions, including helping Warburg Pincus in its $1.86 billion sale of Procare Solutions, earning her a spot among the private equity law practitioners under age 40 honored by Law360 as Rising Stars.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
Series
Ask A Mentor: How Can New Partners Generate Business?Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
Opinion
Law Firms Stressing Work-Life Balance Are Missing The MarkLaw firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
To avoid physical and emotional exhaustion, attorneys must respect their own and their colleagues' personal and professional boundaries, but law firms must also play a role in discouraging burnout culture — especially if they are struggling with attorney retention, say attorneys at Lowenstein Sandler.
Gibson Dunn's Debra Yang shares the bumps in her journey to becoming the first female Asian American U.S. attorney, a state judge and a senior partner in BigLaw, and how other women can face their self-doubts and blaze their own trails to success amid systemic obstacles.
Law firms that are considering creating an in-house alternative legal service provider should focus not on recapturing revenue otherwise lost to outside vendors, but instead consider how a captive ALSP will better fulfill the needs of their clients and partners, say Beatrice Seravello and Brad Blickstein at Baretz & Brunelle.
Ignore what you've been told about jargon — adding insider industry terms to your firm's marketing and business development content can persuade potential clients that you have the specialized knowledge they can trust, says Wayne Pollock at Law Firm Editorial Service.
To attract future lawyers from diverse backgrounds, firms must think beyond recruiting efforts, because law students are looking for diversity, equity and inclusion initiatives that invest in employee professional development and engage with students year-round, says Lauren Jackson at Howard University School of Law.
Series
Ask A Mentor: How Can Law Students Build Real-World Skills?Allison Coffin at Akin Gump discusses how summer associates going back to school can continue to develop real-world lawyering skills by leveraging the numerous law school resources that support professional development both inside and outside the classroom.