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Real estate investment trust Franklin BSP Realty Trust Inc. is facing a proposed investor class action in New York federal court alleging it concealed the possibility that it would cut its quarterly dividend payouts, hurting investors when it announced a dividend "reset" and its share price subsequently fell.
Keeping up with the latest trends and developments in the legal industry is essential for staying competitive. One key area to watch is law firm leadership — the individuals who set the strategic direction of the firm and shape its culture and operations.
As the firm approaches its 90th year of operations, Benesch Friedlander Coplan & Aronoff LLP announced this week that the firm has completed a brand refresh to mark its "evolution" and sustained growth.
Knobbe Martens' work as IP counsel on a $9.9 billion transaction leads this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Feb. 13 to 27.
Milbank LLP, Wilson Sonsini Goodrich & Rosati PC and Akin Gump Strauss Hauer & Feld LLP lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act.
The legal industry marked the end of February with another action-packed week as law firms expanded their talent and reach across the country. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
Barnes & Thornburg LLP said Friday that it has chosen partners Brian McGinnis and Kaitlyn Stone to be the new co-chairs of its artificial intelligence practice, replacing the former chair who left the firm at the end of last year.
A former Manhattan federal prosecutor has joined Aurelian Law PLLC, the Western New York-based investigations and litigation boutique announced on Thursday.
Former Venezuelan President Nicolás Maduro urged a New York federal court on Thursday to dismiss the U.S. government's narco-terrorism conspiracy case against him, saying the government was interfering with his constitutional right to present a defense by not letting the Venezuelan government pay his legal fees with "untainted funds."
Billionaire and child sex offender Jeffrey Epstein always had top lawyers in his orbit. He also had extensive and lasting relationships with several partners at BigLaw firms, files newly released by the Department of Justice show.
State and local courts are taking innovative steps to reduce missed court appearances, which cost courts time and money, but also erode the morale of court workers and the trust of those who use them.
In the spirit of Valentine's Day, some February matchmaking involving large groups of lateral hires helped several law firms expand their footprints into new markets over the past month.
Ice Miller LLP announced earlier this week that the firm recorded record profits in 2025, with highlights including passing the $300 million revenue mark for the first time and achieving a substantial increase in profits per equity partner.
An attorney who combined her boutique with Perkins Coie LLP in 2022 to help launch its New York emerging companies and venture capital practice is transitioning to Orrick Herrington & Sutcliffe LLP, the firm announced Wednesday.
New York-headquartered litigation boutique Hecht Partners LLP announced Thursday that it is expanding into Florida and Minnesota after adding 11 attorneys and seven staff members by absorbing class action firm George Feldman McDonald PLLC.
Levona Holdings urged a New York district court to permanently bar the former majority shareholders of Eletson Gas from exercising any control over the company or interfering with Levona's ownership of the preferred interests in the company, several weeks after the federal court vacated a $102 million arbitration award in the feud.
The U.S. Commodity Futures Trading Commission's enforcement division is set to be led by a former federal prosecutor who tackled financial fraud and insider trading cases in the Southern District of New York before turning to private practice, most recently as a shareholder at Greenberg Traurig LLP.
Demand for office leasing in Manhattan's legal sector increased nearly 18% year-over-year in 2025, with 3.74 million square feet of office leasing activity — the second-highest annual total on record, according to a report released Tuesday by Colliers.
Despite being a third-generation lawyer, Claire E. Parsons had a recurring fear in the early part of her career that she did not belong as an attorney, at her firm, or in her practice.
Harvey Weinstein tapped a new attorney at Agnifilo Intrater for his third rape trial slated for next month, while the former Hollywood mogul's longtime defense team at Aidala Bertuna & Kamins said it will bow out.
Former Manhattan federal prosecutor Maurene Comey, who handled some of the nation's highest-profile cases before she was fired by the Trump administration, has joined Patterson Belknap Webb & Tyler LLP, the firm announced Wednesday.
The federal judiciary says courthouses are in "crisis," with an $8.3 billion backlog in maintenance, and on Tuesday repeated its request to Congress for the direct authority to maintain the buildings.
A personal injury firm and its referral partner have pushed back against a sanctions bid from a class of merchants in a long-running antitrust litigation against Visa and Mastercard over swipe fees, arguing the plaintiffs are seeking "drastic relief" without a showing that any class member was harmed by allegedly misleading information the firm gave them.
Miles & Stockbridge PC announced Tuesday that an experienced corporate and securities attorney who has been with the mid-Atlantic firm for nearly two decades has been elected chairman, president and chief executive officer.
Covington & Burling LLP has strengthened its mergers and acquisitions group on both coasts with the additions of two former Freshfields LLP tech M&A partners.
While chief legal officers are increasingly involved in creating corporate diversity, inclusion and anti-bigotry policies, all lawyers have a responsibility to be discrimination busters and bias interrupters regardless of the title they hold, says Veta T. Richardson at the Association of Corporate Counsel.
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
As junior associates increasingly report burnout, work-life conflict and loneliness during the pandemic, law firms should take tangible actions to reduce the stigma around seeking help, and to model desired well-being behaviors from the top down, say Stacey Whiteley at the New York State Bar Association and Robin Belleau at Kirkland.
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
In addition to establishing their brand from scratch, women who start their own law firms must overcome inherent bias against female lawyers and convince prospective clients to put aside big-firm preferences, says Joel Stern at the National Association of Minority and Women Owned Law Firms.
Jane Jeong at Cooley shares how grueling BigLaw schedules and her own perfectionism emotionally bankrupted her, and why attorneys struggling with burnout should consider making small changes to everyday habits.
Black Americans make up a disproportionate percentage of the incarcerated population but are underrepresented among elected prosecutors, so the legal community — from law schools to prosecutor offices — must commit to addressing these disappointing demographics, says Erika Gilliam-Booker at the National Black Prosecutors Association.
Series
Ask A Mentor: How Can Associates Deal With Overload?
Young lawyers overwhelmed with a crushing workload must tackle the problem on two fronts — learning how to say no, and understanding how to break down projects into manageable parts, says Jay Harrington at Harrington Communications.
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.
Series
Ask A Mentor: How Can Associates Seek More Assignments?
In the first installment of Law360 Pulse's career advice guest column, Meela Gill at Weil offers insights on how associates can ask for meaningful work opportunities at their firms without sounding like they are begging.
In order to improve access to justice for those who cannot afford a lawyer, states should consider regulatory innovations, such as allowing new forms of law firm ownership and permitting nonlawyers to provide certain legal services, says Patricia Lee Refo, president of the American Bar Association.
Perspectives
Judges On Race: The Path To A More Diverse Bench
To close the diversity gap between the judiciary and the litigants that regularly appear in criminal courts, institutions including police departments, prosecutor offices and defense law firms must be committed to advancing Black and Latino men, says New York Supreme Court Justice Erika Edwards.
Recent law firm trademark disputes highlight how the tension between legal ethics rules and trademark law can make it difficult for firms to select brands that are distinctive and entitled to protection, say Kimberly Maynard and Tyler Maulsby at Frankfurt Kurnit.