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Modern Lawyer
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Womble Bond Bolsters TM Practice With Leader In Chinese IP
Womble Bond Dickinson has added a partner to its trademark, copyright, privacy and IP transactions group in Los Angeles who was the sole U.S.-based partner at one of China's top intellectual property firms.
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Ropes & Gray Launches In Milan With Latham PE Trio
Ropes & Gray LLP said Wednesday that it has opened an office in Milan with three private equity partners joining from Latham & Watkins LLP, further scaling its European presence after recently opening for business in Paris.
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Cleary Taps 31-Year Firm Veteran As New Managing Partner
Cleary Gottlieb Steen & Hamilton LLP announced Wednesday that a corporate capital markets attorney who has spent his entire 31-year career at the firm has been elected managing partner.
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K&L Gates Hires 19-Year Nuclear Regulatory Commission Atty
A career U.S. Nuclear Regulatory Commission attorney, who has held multiple leadership roles with the agency responsible for oversight of safe use of nuclear materials, has taken his first role in private practice at K&L Gates LLP in Washington, D.C., the firm has announced.
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Kirkland Adds Fintech Regulatory Partner From McDermott
Kirkland & Ellis LLP has enhanced its fintech regulatory compliance capabilities in New York with the addition of an experienced corporate partner who joins the firm from McDermott Will & Schulte.
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Tech M&A Pro Joins Baker McKenzie In Silicon Valley
Baker McKenzie is strengthening its transactional team, bringing in a technology mergers and acquisitions expert, most recently with Tech Law Partners LLP, as a partner in its Palo Alto, California, office.
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Baker McKenzie Adds New National Security Group Co-Head
Baker McKenzie welcomed a former Federal Bureau of Investigation senior counselor to its Washington, D.C., office who joins as a partner and co-chair of its national security practice, the firm announced Wednesday.
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Ex-SEC Trading And Markets Special Counsel Joins Skadden
Skadden Arps Slate Meagher & Flom LLP has added a former U.S. Securities and Exchange Commission attorney to its white collar defense and regulatory team in its Washington, D.C., office, the firm announced Tuesday.
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Goldman Sachs GC Denies Playing Role In Epstein Estate
A day after newly released documents related to Jeffrey Epstein listed Kathryn Ruemmler as a backup executor on the sex offender's will, Ruemmler, the top lawyer for Goldman Sachs, said on Tuesday that she had "never served in any capacity relating to the estate."
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PE Firms Leap Into MSO 'Frontier' For Slice Of Legal Industry
Managed services organizations are quietly gaining ground in the U.S. legal industry as private equity companies eye the use of MSOs to overcome rules against fee sharing and nonlawyer ownership of firms, but critics warn that such a shift could open up an ethical Pandora's Box.
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WilmerHale Litigation Duo Jumps To Mayer Brown In SF
Mayer Brown LLP is expanding its litigation team, announcing Tuesday the firm is bringing in a pair of WilmerHale trial attorneys as partners in its San Francisco office.
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2nd Circ. Allows NY AG To Curb Nonprofit's Debtor Coaching
The Second Circuit vacated a lower court order that prevented New York Attorney General Letitia James from stopping a bankruptcy education nonprofit from advising low-income debtors Tuesday, saying that while the state's unauthorized practice of law statutes regulate speech, they are content neutral and should be reviewed under intermediate scrutiny.
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Duane Morris Names New Employment, Insurance Leaders
Duane Morris LLP's Silicon Valley Managing Partner Brian L. Johnsrud will become vice chair of the firm's employment, labor, benefits and immigration practice group next year, the firm has announced.
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Kennedys Lands Ex-Bullivant Houser Team In Seattle
U.K.-based law firm Kennedys, which opened a Seattle office less than a year ago, announced Tuesday the hiring of an eight-person insurance and litigation team formerly of Bullivant Houser Bailey PC.
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BCLP Makes Antitrust Hires In London, DC
Bryan Cave Leighton Paisner LLP has grown its international antitrust practice with the recent additions of two attorneys in the firm's Washington, D.C., and London offices.
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VC Firm's Top Atty Rejoins Skadden To Lead Tech Policy Team
The former chief legal and policy officer at California-based Sequoia Capital is returning to Skadden Arps Slate Meagher & Flom LLP to lead the firm's tech policy practice, advising clients on related regulation and enforcement matters, the firm announced Tuesday.
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Womble Bond Adds 2 Attys To Energy Team In Vegas, Mass.
Womble Bond Dickinson has announced the firm expanded its energy and natural resources team with two new hires, one of whom is joining from an in-house legal role and the other attorney coming from the public sector.
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Career SEC Attorney Joins Latham's DC Finance Practice
Latham & Watkins LLP has hired the former chief of the U.S. Securities and Exchange Commission's Office of Structured Finance, who is joining the firm after more than 20 years at the agency, to work with those structured finance clients.
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Linklaters Taps HSBC Talent Head As Chief People Officer
Linklaters LLP has hired the former global head of talent at the global bank HSBC as its chief people officer, it announced on Tuesday.
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The Diversity Snapshot: Representation In The Ranks
À¶Ý®ÊÓƵ Pulse's Diversity Snapshot evaluates how firms hire, promote, and retain talent in line with available pipelines, providing a detailed demographic analysis. Here's a more detailed look at the representation of attorneys at the associate and partner levels.
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The Diversity Snapshot: By The Numbers
Law firms have steadily but slowly increased the share of attorneys of color over more than a decade, but recently the increases have come at a slower pace. Here's our data dive into representation and inclusion at law firms in the U.S.
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Equity Partnerships: A Diversity Snapshot Ranking
Diversity at the top ranks of law firms in the U.S. has shifted only incrementally over recent years. But some firms are outpacing their peers and taking demonstrable steps to tap into a wider talent pool.
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The Diversity Snapshot: Benchmarking Law Firms
À¶Ý®ÊÓƵ’s latest Diversity Snapshot ranking suggests that a modest number of firms are keeping up with the potential talent pool. Here's the latest look at how law firms match up against their peers.
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How Lawyers Can Navigate Today's Shifting DEI Landscape
Attorneys looking for firms committed to diversity, equity and inclusion are increasingly relying on informal channels to vet firms, including word-of-mouth, alumni networks, off-the-record conversations and social media, recruiters say.
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Davis Wright Adds Polsinelli Exec As New CFO
Polsinelli PC's director of finance and accounting has joined Davis Wright Tremaine LLP as chief financial officer based in Seattle, the firm announced Tuesday.
Expert Analysis
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Generating Confidence In A Legal Nonprofit
I started LawWithoutWalls to change the way legal professionals see and think about their world, and it taught me the importance of giving people a reason to believe in your nonprofit mission, as well as how to achieve work-life integration, says Michele DeStefano at the University of Miami.
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Nonequity Partner Frustrations Reflect Erosion Of Opportunity
Nonequity partners report the lowest satisfaction, highest stress and poorest financial outlook of any group of lawyers, highlighting a growing structural disconnect that leaves attorneys at many firms feeling like the ladder has been pulled up behind those who already ascended, says Jake Carroll at Nelson Mullins.
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Building Brand Awareness For A Legal Nonprofit
I co-founded the Bridging the Gap Scholarship as a way to increase minority representation in BigLaw, and my advice for other legal professionals starting a nonprofit is to focus on building brand awareness early on, and to get comfortable delegating work to a dedicated team, says Imani Maatuka at Sidley.
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Learn Your Colleagues To Cross-Sell Their Services Fearlessly
Understanding where colleagues in other practice areas shine can help attorneys confidently cross-sell each other's services and bring in business to keep the firm afloat in hard times, says Joe Calve at Calve Communications.
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Biz Development Tip Of The Month: Advertise Ethically
Business development in the legal industry is about building authentic connections and showcasing expertise in a way that reflects reality, and, when done right, it can elevate a practice, establish credibility and bring in clients without risking an ethics violation, says Melody Jackson at Robinhood.
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Ask A Mentor: How Do I Help After Mental Health Leave?
Molly Ranns at the State Bar of Michigan suggests five ways to smooth a colleague's return to practice after short-term mental health leave, while creating a firm culture that protects employees’ emotional health.
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Tips For Attracting Stellar CLOs In A Competitive Landscape
Amid a rapidly changing regulatory environment and a fierce market for talent, companies hoping to attract the best chief legal officers must have a strong grasp of their roles’ biggest selling points, and any roadblocks that may prevent them from recruiting the strongest choice, says Heather Fine at Major Lindsey.
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'Golden Handcuffs' May Be A Double-Edge Sword For Firms
As law firms increasingly use certain financial incentives to retain partners in a fierce lateral market, managing partners should consider the pros and cons of various deferred compensation schemes, says Tom Hanlon at Buchanan Law.
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The 10-Min. Rule For Building A Business Development Habit
Many lawyers assume that becoming a rainmaker requires a significant investment of time and effort, but the truth is that building a consistent habit of business development can start with just 10 minutes of strategic outreach a day, says Paul Manuele at PR Manuele Consulting.
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5 Pointers For Firm Leaders Communicating Tough Decisions
Certain law firm decisions — such as whether to challenge an executive order — cannot be crowdsourced, but leadership can collaboratively communicate these choices using strategies that build trust, reinforce values and preserve cohesion, says John Hellerman at Hellerman Communications.
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Biz Development Tip Of The Month: Create A Succession Plan.jpg)
​​​​​​​Conversations around retirement and succession can be understandably difficult, but when attorneys make a plan for the transition early and effectively, they have the opportunity to not only keep work but also increase it, says Jillian McKenna at Verrill Dana.
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Looking Under The Hood Of The $3,000 Billable Hour
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In recent years, top-tier law firms have pushed hourly rates to unprecedented heights, with some partners commanding $3,000 per hour — but this eye-popping number doesn’t tell the full story, as there are numerous caveats and rigorous winnowing along the way, says Christopher Seck at Squire Patton.
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How Law Firms Can Keep Nonequity Partners Happy
Law firms that successfully manage two-tiered partnership do so by creating a culture that treats everyone with respect and by establishing financial incentives outside their base compensation to reward performance, says Carol Morganstern at Major Lindsey.
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Biz Development Tip Of The Month: Leverage Your Atty Bio
If maintained properly, your firm bio can help attract potential clients and create authentic connections, so it's crucial to take steps to write an updated attorney profile that goes beyond a list of credentials, says Raychel Lean at Reputation Ink.
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Ask A Mentor: How Can I Promote Thoughtful Use Of AI?
Eran Kahana at Maslon discusses how partners can encourage responsible use of artificial intelligence tools within their firms by learning to spot pitfalls common to AI-generated work product and championing firmwide procedures and trainings that address the risks of uncritically relying on this powerful but imperfect technology.