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Texas Pulse
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Ex-Skadden Chair Retiring And Joining Legal Tech Boards
Eric Friedman, who led Skadden Arps Slate Meagher & Flom LLP for 15 years as chair and executive partner, is retiring from the firm at the end of the year and joining the boards of two legal tech companies.
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Mayer Brown, Gibson Dunn Match Milbank Bonuses
Mayer Brown LLP and Gibson Dunn & Crutcher LLP joined a chorus of other BigLaw firms in doling out extra cash for associates, matching the year-end and special bonuses set by Milbank LLP, according to media reports.
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Fla. Atty Vows To Fight Litigation Funder's Law Firm Stock Win
A Florida attorney is planning to challenge a state appellate decision issued Wednesday that he must turn over stock interest in his law firms to a litigation finance company to help cover tobacco settlement funds, asserting that the ruling must be vacated in light of a recent Texas appellate decision that invalidated an underlying judgment.
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Texas Panel Calls For 30% Pay Hikes For State Judges
A Texas judicial panel has called for state judges to receive a 30% pay hike, saying the raises are needed "in order to attract qualified candidates and retain experienced judges" in a state that ranks at the bottom for judicial pay compared to the rest of the nation.
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Weil Elevates 18 To Partner In Latest Promotion Class
Weil Gotshal & Manges LLP announced that it promoted 18 attorneys to partner for the start of 2025, with a majority of them operating in the financial and restructuring sectors.
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Judge Dismisses Suit Alleging Collusion In 'Texit' Case
A Texas federal judge on Wednesday dismissed a suit brought by a civil rights attorney who has represented the Texas secession group behind the "Texit" movement, ending litigation over alleged collusion to run up attorney fees against him in a defamation case connected to the group.
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More Law Firm Business Staffs See Discretionary Bonuses
Law firms' administrators and staff have reported more discretionary bonuses, longer parental leave, increasing work-from-home policies and an overall decline in turnover rates, according to the latest annual report produced by the Association of Legal Administrators.
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Ex-Texas Atty Can't Beat Sanctions For 'Egregious Conduct'
A disbarred Lone Star State lawyer must pay more than half a million dollars in sanctions for wide-ranging misconduct in his representation of another attorney, who claimed he used their relationships to "control her life," a state appellate panel said Tuesday.
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Houston System Taps Veteran Healthcare Exec As New CLO
Houston-based Memorial Hermann Health System has named an experienced healthcare executive, who most recently served as general counsel at California's John Muir Health, as its new chief legal officer.
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Texas Judge Fights For Safer Bench After Surviving Shooting
Texas District Court Judge Julie Kocurek, who recently received the William H. Rehnquist Award for Judicial Excellence, has been a fierce advocate for judicial security after she was shot by a defendant who had appeared before her.
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Akerman Increases Promotion Class With 20 New Partners
Akerman LLP announced Tuesday that it had elevated 20 of its attorneys to partner roles, spanning eight practices and 13 offices.
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What Do You Know About BigLaw's Associate Bonus Plans?
BigLaw has ushered in another busy bonus season as law firms announce extra compensation for associates. Test your legal news savvy with a special Law360 Pulse quiz on what firms have announced so far.
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BigLaw's Special Bonuses Are A Hedge Against Uncertainty
When Cravath Swaine & Moore LLP matched Milbank's 2024 bonuses with its own, the storied New York firm did not hand associates a single lump sum with the total amount, but instead chose to separate out year-end bonuses from special bonuses.
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Dechert Associates Bridge Business Acumen Gap At Wharton
Dechert LLP associates from the United States and Europe recently took part in an intensive, three-day program at the Wharton School of the University of Pennsylvania in Philadelphia. Here, Law360 Pulse speaks to Dechert’s co-chair and a firm associate on how the program helped bridge the gap between legal expertise and business acumen.
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2024 Associate Bonus and 2025 Salary Tracker
UPDATED December 20, 2024 | As the year draws to a close, an increasing number of large and other elite law firms are falling in line with a bonus scale set by market leader Milbank LLP, which in many cases puts more money in the pockets of law firm associates than ever before.
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Beasley Allen Escapes Sanctions For J&J Deposition No Show
A Texas bankruptcy judge on Tuesday laid ground rules for documents and communications to be shared in a messy discovery phase of the Chapter 11 of Red River Talc, Johnson & Johnson's latest liability spinoff, while also saying he wouldn't sanction a Beasley Allen attorney who didn't appear at a deposition last week.
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Meet The New US Trustee For Northern And Eastern Texas
The incoming U.S. trustee for the Northern and Eastern Districts of Texas is known as a stalwart defender of the bankruptcy process, a trait that helped her win the dismissal of the National Rifle Association's controversial Chapter 11 case.
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Law Firms' Tobacco Fee-Sharing Showdown Revived In Texas
A split Texas appeals panel has remanded a dispute between an attorney and an ex-attorney over a fee-sharing agreement in tobacco litigation, finding that the contract was ambiguous and that a trial court was wrong to conclude otherwise.
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Bonus Season Heats Up As More Firms Match Milbank's Scale
The 2024 associate bonus season is heating up, with more law firms matching Milbank LLP's year-end and special bonuses and U.K. firms extending the same offering to their U.S.-based attorneys, according to firm memos shared with Law360 Pulse and media reports.
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Texas Atty Sanctioned For Citing Bogus Cases After Using AI
A Texas lawyer pursuing a wrongful termination lawsuit against Goodyear Tire & Rubber Co. has been sanctioned for submitting a brief that included citations to nonexistent cases generated by an artificial intelligence tool, a Texas federal judge ordered this week.
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Legal Services Corp. Awards $5.9M In Tech Grants In 22 States
Continuing a program first launched in 2000, the Legal Services Corp. is awarding $5.9 million in Technology Initiative Grants to organizations using tech to help deliver legal services across 22 states, the group announced Tuesday.
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BigLaw's Rate Hike Strategy Continues To Pay Off
A few years ago, when large law firm billing rates started to rise at an unprecedented pace, I remember many commentators said it couldn't last for long and that it was only a matter of time before client pushback would begin to swing the pendulum back in the other direction.
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Vinson & Elkins Unveils Expanded Partner Class for 2025
Vinson & Elkins LLP will exceed its partnership class from the prior year, announcing plans to promote 11 attorneys to partner and another 18 to counsel in 2025.
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Texas AG Loses 'Unserious' Bid For Jack Smith Doc Order
A Texas federal judge refused Monday to enter an emergency order preserving special counsel Jack Smith's records, saying there is no reason to think the U.S. Department of Justice will not follow document retention laws and slamming Texas Attorney General Ken Paxton's allegations to the contrary as "unserious."
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Law Firm Leasing Surpasses Pre-COVID Rate So Far In 2024
The rate at which U.S. law firms are signing major office leases — those at or above 20,000 square feet — has surpassed pre-pandemic levels, according to new data released by Savills on Monday, showing that while activity is up, firms are divided on whether to expand, downsize or maintain their square footage.