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New York Pulse
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Interpublic GC Entitled To $11.8M Payment Amid Merger
The general counsel for advertising company The Interpublic Group of Cos. Inc. has been guaranteed a nearly $11.8 million golden parachute if he's terminated following the company's merger with marketing giant Omnicom Group Inc.
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Menendez Loses 2nd Bid For New Trial As Sentencing Nears
A Manhattan federal judge on Wednesday denied former U.S. Sen. Bob Menendez's latest motion for a new corruption trial a week before his sentencing, rejecting his claim that the jury could have been swayed by improperly redacted exhibits that were loaded onto a computer containing the evidence in the case.
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What Lawyers Really Think About Working In-House
Law360 Pulse asked corporate counsel to identify some common misconceptions about working in-house and share their thoughts on the rewards and challenges of their jobs. Here's what they said.
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In-House Attorneys Have Saner Schedules, But Long Hours
It may once have been that the typical in-house lawyer worked a 40-hour week, but that no longer appears to be the case for many corporate counsel, with more than 40% reporting they exceed 50 hours at work each week in a recent survey by Law360 Pulse.
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How Happy Are In-House Attorneys At Work?
In-house attorneys report high job satisfaction when it comes to schedule flexibility, team collegiality, and compensation, but concerns linger about workload and career advancement, particularly for mid-level lawyers seeking to climb the career ladder, according to a new Law360 Pulse report.
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In-House Etiquette — Tips For Outside Counsel
While most in-house lawyers seem generally happy with their outside counsel, about 9% of participants in Law360 Pulse's first In-House Counsel Satisfaction Survey want more, saying they are fed up with being nickel-and-dimed while receiving low quality work and poor communication from their outside attorneys.
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Gunnercooke NY Commercial Litigator Joins Potomac Law
Potomac Law Group has hired a former Gunnercooke LLP partner who was a member of that U.K.-based firm's first U.S. office in New York.
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Dentons Adds International Arbitration Pro As Partner In NYC
Dentons has boosted its international arbitration capabilities with the addition of a partner in New York who brings more than three decades of experience in cross-border disputes to the global firm.
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Paul Hastings Adds Davis Polk Capital Markets Pro In NY
Paul Hastings LLP has hired a capital markets partner from Davis Polk LLP for its investment grade finance practice in New York, the firm announced Wednesday.
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Ch. 11 Judge Slams Firm's 'Extraordinary' Lack Of Knowledge
A New York bankruptcy judge has refused a fee bid and ordered a debtor's firm to return a nearly $30,000 retainer in a scathing opinion that warns lawyers against tiptoeing into bankruptcy practice and slams counsel for having an "extraordinary lack of basic Chapter 11 understanding."
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Trump Names Interim Top Prosecutors In Manhattan, Brooklyn
President Donald Trump named two high-ranking prosecutors to be interim U.S. attorneys in the Southern and Eastern districts of New York while his long-term picks for the posts await Senate confirmation, spokespeople for the offices confirmed Tuesday.
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SDNY Prosecutor Returns To Debevoise In San Francisco
Debevoise & Plimpton LLP announced the return of one of its litigators Tuesday after eight and a half years with the U.S. Attorney's Office for the Southern District of New York, most recently as deputy chief of the Criminal Division.
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Victors In Landmark Graft Case Want 2nd Top Court Review
The defendants who won a landmark 2023 U.S. Supreme Court ruling that narrowed certain types of corruption prosecutions have asked the justices to intervene in their case again, claiming the Second Circuit had wrongly allowed the government to pursue new trials based on a different theory of fraud.
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Quinn Emanuel Sees Attendance Jump With New NYC Office
After opening in December, Quinn Emanuel Urquhart & Sullivan LLP’s new Manhattan office has already seen an increase in attendance.
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Simpson Thacher Adds IP, Cybersecurity Attorneys In NY
Simpson Thacher & Bartlett LLP announced the addition of two attorneys from Skadden Arps Slate Meagher & Flom LLP and Debevoise & Plimpton LLP on Tuesday, touting the pair's experience at the intersection of intellectual property and cybersecurity.
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Troubled Crypto Exchange KuCoin Lifts Legal Chief To CEO
The giant crypto exchange KuCoin, which is under indictment in the U.S., said Monday it has promoted its chief legal officer to the role of CEO, citing its commitment to "global growth, innovation, and regulatory compliance."
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Weil Adds SEC's Asset Management Co-Chief To NY Group
A more-than 12-year veteran of the U.S. Securities and Exchange Commission, who most recently co-led the agency's Asset Management Unit, is joining Weil Gotshal & Manges LLP as the firm continues adding former regulators to begin the new year.
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Spencer West Launches In US With SF, NYC Offices
Spencer West LLP has opened two offices in the U.S. to mark its entry in the world's largest legal market as it continues to expand its legal services offerings across the globe.
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Former DOJ Antitrust Leader Joins Cravath From Paul Weiss
The former co-chair of Paul Weiss Rifkind Wharton & Garrison LLP's antitrust practice group, who previously served as the ranking deputy at the U.S. Department of Justice's Antitrust Division, has joined Cravath Swaine & Moore LLP as a New York-based litigation partner.
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Immigration Pro Joins Harris Beach Murtha From NY Boutique
Harris Beach Murtha has hired a new attorney from an immigration boutique in New York to help counsel multinational corporations, higher education institutions and other clients on employment-related immigration issues.
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Paul Weiss Hires Exec Comp Head From Sullivan & Cromwell
Paul Weiss Rifkind Wharton & Garrison LLP is bringing on Matt Friestedt, the former head of Sullivan & Cromwell LLP's executive compensation mergers and acquisitions practice, as a partner in its New York office.
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Law360 Names Practice Groups Of The Year
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2024, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.
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Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 54 Practice Group of the Year awards among them, steering some of the largest deals of 2024 and securing high-profile litigation wins, including at the U.S. Supreme Court.
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Feds Drop Bribery, Fraud Suit Against Ex-New York Lt. Gov.
Federal prosecutors on Friday dropped a bribery and fraud suit accusing former New York Lt. Gov. Brian Benjamin of using his position to obtain state grant funds in exchange for campaign contributions, noting the death of a New York real estate lawyer who pled guilty as a cooperating witness in 2022.
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Meet The Key Players In Tom Goldstein's Tax-Crimes Case
The tax-evasion indictment of U.S. Supreme Court expert lawyer and SCOTUSblog publisher Tom Goldstein features an eclectic cast of characters linked to his purported side career as a high-stakes poker player, including law firm partners, professional gamblers, a Texas billionaire, a movie producer and an actor.
Expert Analysis
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How Women In Law Can Advance Toward Leadership Roles
Female attorneys in leadership roles inspire other women to pursue similar opportunities in a male-dominated field, and for those who aspire to lead, prioritizing collaboration, inclusivity and integrity is key, says Kim Yelkin at Foley & Lardner.
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The Case That Took Me From Prosecutor To Defense Attorney
Former Assistant U.S. Attorney Moira Penza, now at Wilkinson Stekloff, recalls the challenges of her first case as a civil defense attorney — a multibillion-dollar multidistrict class action against Allergan — and the lessons she learned about building rapport in the courtroom and with co-counsel.
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The Importance Of Legal Macroeconomics Education For Attys
Most legal professionals lack understanding of the macroeconomic trends unique to the legal industry, like the rising cost of law school and legal services, which contributes to an unfair and inaccessible justice system, so law school courses and continuing legal education requirements in this area are essential, says Bob Glaves at the Chicago Bar Foundation.
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What ABA Student Well-Being Standards Mean For Law Firms
While the American Bar Association's recent amendments to its law school accreditation standards around student well-being could have gone further, legal industry employers have much to learn from the ABA's move and the well-being movement that continues to gain traction in law schools, says David Jaffe at the American University Washington College of Law.
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Series
Ask A Mentor: How Do I Build Rapport In New In-House Role?
Tim Parilla at LinkSquares explains how new in-house lawyers can start developing relationships with colleagues both within and outside their legal departments in order to expand their networks, build their brands and carve their paths to leadership positions.
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What Attys Should Consider Before Taking On Pro Bono Work
Excerpt from Practical Guidance
Piper Hoffman and Will Lowrey at Animal Outlook lay out suggestions for attorneys to maximize the value of their pro bono efforts, from crafting engagement letters to balancing workloads — and they explain how these principles can foster a more rewarding engagement for both lawyers and nonprofits.
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Opinion
NY Bar Admission Criminal History Query Is Unjust, Illegal
New York should revise Question 26 on its bar admission application, because requiring students to disclose any prior interaction with the criminal justice system disproportionately affects people of color, who have a history of being overpoliced — and it violates several state laws, says Andrew Brown, president of the New York State Bar Association.
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7 Ways Attys Can Improve Their LinkedIn Summaries
Lawyers can use LinkedIn to strengthen their thought leadership position, generate new business, explore career opportunities, and better position themselves and their firms in search results by writing a well-composed, optimized summary that demonstrates their knowledge and experience, says Guy Alvarez at Good2bSocial.
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How Law Firms And Attys Can Combat Imposter Syndrome
Imposter syndrome is rampant in the legal profession, especially among lawyers from underrepresented backgrounds, leading to missed opportunities and mental health issues — but firms can provide support in numerous ways, and attorneys can use therapeutic strategies to quiet their inner critic, says Helen Pamely at Rosling King.
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The Law Firm Qualities Partners Seek In Lateral Moves
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In 2022, partners considering lateral moves have new priorities, and firms that hope to recruit top talent will need to communicate their strategy for growth, engage on hot issues like origination credit and diversity initiatives, and tailor their integration plans toward expanding partners’ client base, says Gloria Sandrino at Lateral Link.
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Small Steps Can Help Employers Beat Attorney Burnout
Lawyers are experiencing burnout on a massive, unprecedented scale due to the pandemic, but law firms and institutional players can and should make a difference by focusing on small, practical solutions that protect their attorneys’ most precious personal resource and professional commodity — time, says Chad Sarchio, president of the District of Columbia Bar.
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The Evolving Role Of The Law Firm Legal Secretary
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Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.
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Series
Ask A Mentor: How Can I Ace My Upcoming Annual Review?.jpg)
Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.
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How Your Law Firm's Brand Can Convey Prestige
In order to be perceived as prestigious by clients and potential recruits, law firms should take their branding efforts beyond designing visual identities and address six key imperatives to differentiate themselves — from identifying intangible core strengths to delivering on promises at every interaction, says Howard Breindel at DeSantis Breindel.
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How Dynamic Project Management Can Help Law Firms
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Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.