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New York Pulse
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Why Law Firms Are Seeing 'Profit Leakage'
Even as many law firms see rising profitability, a number of factors are still negatively affecting their profit margins, including write-offs and discounts, according to a new report out Tuesday.
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Quinn Emanuel Scoops Up SDNY Securities Fraud Chief
Quinn Emanuel Urquhart & Sullivan LLP announced Monday that it has hired the former chief of the U.S. Attorney's Office for the Southern District of New York's securities and commodities fraud task force as a partner in its Manhattan office.
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NY Judge Unmoved By Media Dustups In Mayor's Bribe Case
Prosecutors and defense counsel should watch what they say to the press, a Manhattan federal judge overseeing New York City Mayor Eric Adams' corruption case warned in an order on Monday, though the judge declined to chastise either side over alleged rule violations.
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Sidley Lands M&A Pros From Jones Day, Simpson Thacher
Sidley Austin LLP is expanding its mergers and acquisitions team, announcing Monday it has brought on a Jones Day M&A expert and a Simpson Thacher & Bartlett LLP pro as partners in its New York office.
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Goodwin Procter Adds NY IP Attys From Fenwick, Desmarais
Goodwin Procter LLP announced Monday that it was expanding its intellectual property practice in New York with two scientifically talented lawyers, one from Fenwick & West LLP, the other from Desmarais LLP.
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Blank Rome Adds Longtime Arnold & Porter Private Equity Pro
Blank Rome LLP has grown its corporate and private equity offerings in New York with the addition of the former co-head of Arnold & Porter Kaye Scholer LLP's global private equity practice.
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Tax-Lien Biz Atty Accused Of Duping Bank Can't Touch Money
A Manhattan federal judge declined Monday to unfreeze assets on behalf of a former compliance lawyer accused of duping a bank into lending his tax-lien investment firm $20 million, complicating his plan to go to trial with private counsel.
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Chiesa Shahinian Head On Her Path From Associate To Leader
Marie Mathews, Chiesa Shahinian & Giantomasi PC’s new managing partner announced last week, worked her way up from associate at the firm, and told Law360 Pulse that her professional growth there demonstrates the firm’s culture of support for its attorneys.
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Hodgson Russ Names New State & Local Tax Leader
Hodgson Russ LLP announced that a longtime partner and the leader of its state and local tax law practice has stepped down from the role after 25 years, with an experienced attorney who's spent his entire career at the New York-based firm set to take over.
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Wife Of Ex-Sen. Menendez Can't Delay Bribery Trial
Nadine Menendez, former U.S. Sen. Bob Menendez's wife, has lost her bid to postpone her Feb. 5 trial on bribery charges, as a Manhattan federal judge rejected her contention that her husband's sentencing on similar charges just a week prior would taint her jury.
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Kramer Levin Elevates Partner To Land-Use Co-chair
New York City law firm Kramer Levin Naftalis & Frankel LLP has promoted James P. Power to co-chair of its land use department. The leadership update comes at a time of dramatic changes to land use in New York City, and Power said he expects there to be a lot of development activity.
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Smith Gambrell Faces DQ Bid In Major Lindsey Suit
A former Major Lindsey & Africa employee with a lengthy legal history with the recruiter is seeking to disqualify Smith Gambrell from representing Major Lindsey in her $75 million federal defamation suit, arguing three attorneys are key witnesses to help determine liability.
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Philadelphia Litigation Firm Born From 3-Firm Partnership
Drawing on decades of diverse experience, a group of seasoned leaders from three law firms have joined forces to launch Cohen Vaughan LLP, a Philadelphia-based litigation firm that brings 75 attorneys across 18 offices in seven Eastern states under one roof.
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Law360 Pulse Spotlight On Mid-Law Work
Parker Poe's work on the sale of a majority stake in a $575 million real estate portfolio and Keker Van Nest's handling of a first-of-its-kind challenge under a new California gaming law lead this edition of Law360 Pulse's Spotlight on Mid-Law Work, recapping the top matters for Mid-Law firms from Jan. 1 to 10.
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New York To Administer NCBE's NextGen Bar Exam In 2028
New York's highest court has announced the jurisdiction will adopt the Next Generation bar exam developed by the National Conference of Bar Examiners beginning July 2028.
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American Airlines Legal Chief Takes Off For Warner Bros.
American Airlines is on the hunt for a new chief legal leader following an announcement Friday that its top lawyer would be leaving next month to join Warner Bros. Discovery.
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US Legal Sector Sheds 1,200 Jobs In December
After three months of steady recovery, the U.S. legal sector's job growth reversed course in December, with a loss of 1,200 positions, according to preliminary data from the U.S. Bureau of Labor Statistics released Friday.
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Law360's Legal Lions Of The Week
Sive Paget & Riesel PC and Kaplan Martin LLP lead this week's edition of Law360 Legal Lions after the Third Circuit denied an emergency motion for an injunction to halt New York City's highly litigated congestion pricing toll program.
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Feds Ask 15 Years For Menendez In Case Of 'Historical Rarity'
Prosecutors have asked a Manhattan federal judge to sentence former U.S. Sen. Robert Menendez to at least 15 years in prison after he was convicted of taking bribes from three New Jersey business executives in exchange for political favors.
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Goodwin Procter Extends Bonus Season With Milbank Match
The 2024 bonus season has trickled into January, with Goodwin Procter LLP announcing it will give associates year-end and special bonuses matching those given by other BigLaw firms, Law360 Pulse confirmed Friday.
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Tyson & Mendes Head Talks Championing Women Leaders
Cayce Lynch, the first-ever national managing partner of Tyson & Mendes LLP, joined Law360 Pulse to discuss the significance of women seeing other women "in positions of success and leadership."
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Former SDNY US Atty Williams Returns To Paul Weiss
Damian Williams is rejoining Paul Weiss Rifkind Wharton & Garrison LLP after four years as the U.S. attorney for the Southern District of New York under President Joe Biden, the firm announced Friday.
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Are Law Firm Office Mandates Missing The Point?
Creating a workplace that fosters community, connection, collaboration and a clearly defined culture cannot be accomplished through office mandates alone, and, in fact, a lack of flexibility when it comes to remote work options could backfire on that goal, according to the author of a new book out this month.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry kicked off 2025 with another action-packed week as BigLaw firms inked mergers, made leadership changes and promoted associates. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Tort, Casualty Team Dominates Wilson Elser Partner Class
Defense litigation firm Wilson Elser Moskowitz Edelman & Dicker LLP outpaced last year's partner class by three, announcing Wednesday that it has promoted a slate of 34 attorneys, overwhelmingly from its complex tort and general casualty practice.