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New York Pulse
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Bets On Atty's Lien Biz Lost Millions, Investor Tells Jury
A seasoned investor told a Manhattan federal jury Thursday that he heavily backed a tax-lien fund controlled by a lawyer now accused of fraud, ultimately losing $2.9 million in supposedly low-risk bets where such losses were "not supposed to be possible."
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O'Melveny Environmental Partner Moves To Freshfields In NY
Freshfields LLP announced Thursday that a former O'Melveny & Myers LLP environmental attorney with experience in both the private and public sectors has joined the firm's corporate practice in New York.
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NY Legal Aid Society Reaches Deal To Avert Atty Strike
New York City has dodged the possibility of an ongoing legal services strike ballooning in size after the NY Legal Aid Society announced Wednesday that it had reached a tentative agreement with its nearly 1,100-member union.
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Kleinberg Kaplan Elevates Business Dev. Leader To COO
Kleinberg Kaplan Wolff & Cohen PC announced that the firm has elevated its chief business development and strategy officer to the newly created role of chief operating officer as part of its overhaul of its executive team.
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Freshfields Reelects Senior Partner For Second Term
Freshfields said Thursday that it has reelected litigator Georgia Dawson as its senior partner for a second term amid strong backing for her leadership from the firm's partners.
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Clients Name Top Firms For Service Amid Shifting Needs
The set of client service-related behaviors corporate clients demand from their law firms has dramatically shifted, creating a shakeup at the top of this year's BTI Client Service A-Team ranking released Thursday.
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Elsberg Baker Signs Empire State Building Lease
Elsberg Baker & Maruri PLLC has inked a 39,237-square-foot lease that allows it to occupy one whole floor and a partial floor of the Empire State Building, according to Empire State Realty Trust Inc., the real estate investment trust that owns the world-famous New York City landmark.
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Nonequity Partners Unsure How They Can Make Equity Partner
The ranks of nonequity partners may be growing, but a recent report found many partners stating confusion about how attorneys can advance to the next level and ambiguity about whether the tier should be expanded.
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2nd Circ. Orders Review Of Sealed Epstein Case Docs
The Second Circuit on Wednesday vacated rulings denying requests to unseal materials in a defamation case tied to deceased financier and accused sex trafficker Jeffrey Epstein, ordering a New York district court to review certain filings after determining they're considered judicial documents and presumed to be public.
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NY Finance Atty Joins Proskauer From A&O Shearman
Proskauer Rose LLP announced that an experienced finance attorney who's spent over 20 years primarily working on collateralized loan obligations has joined the firm's New York office from Allen Overy Shearman Sterling.
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As AI Use Grows, Attys' Misgivings Remain, Survey Says
While adoption of artificial intelligence tools by legal professionals have surged this year, users remain concerned about overreliance, reputational risk and challenges adapting to the technology, according to a report Wednesday commissioned by insurance company Embroker.
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Katten Welcomes Ex-Gibson Dunn Tax Pro In New York
Katten Muchin Rosenman LLP announced on Tuesday that it has added a former Gibson Dunn & Crutcher LLP of counsel to its transactional tax planning practice, noting her extensive experience in the finance space.
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NYLAG Union Is Latest ALAA Shop To Reach Tentative Deal
Another one of the several Association of Legal Advocates and Attorneys unions that went on strike in New York City last week announced on Tuesday that it has reached a tentative agreement with its managers.
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Ex-SDNY Civil Rights Unit Chief Joins Boies Schiller
A former high-ranking federal prosecutor in Manhattan who oversaw the recent criminal trial of Sean "Diddy" Combs has joined Boies Schiller Flexner LLP as a partner in its New York office, the firm announced Wednesday.
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Judge Nixes 'Ghost' Lawyer's Suit Against Ex-Employee, Atty
A Florida judge has tossed a lawsuit that an attorney accused of ghosting and defrauding his clients brought against his former paralegal and a legal malpractice lawyer alleging they conspired to steal his clients and trash his reputation.
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Ethics Appeal Over Columbia Letter Nixed As Judge Joins USDA
In its first decision of 2025, the Judicial Conference's conduct committee on Tuesday dismissed a challenge to the Seventh Circuit Judicial Council's decision to toss ethics claims against a U.S. Court of International Trade judge who threatened not to hire law clerks from Columbia University over the school's handling of Israel protests.
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Longtime Schulte Roth Litigator Joins Seward & Kissel In NY
Seward & Kissel LLP announced Tuesday that an experienced New York-based attorney has joined the firm's litigation and investigations practice after more than a decade practicing at Schulte Roth & Zabel LLP.
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Pillsbury Adds Technology IP Litigator From Goodwin
Pillsbury Winthrop Shaw Pittman LLP announced Monday that a former Goodwin Procter LLP technology intellectual property law partner has joined the firm's New York office.
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Morrison Cohen Appoints Its First Finance Chief
Morrison Cohen LLP has announced that the former chief operating officer of Norris McLaughlin PA has joined the New York-based law firm as its first chief financial officer and the latest addition to the firm's growing leadership team.
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McCarter & English Taps Capital Markets Duo For NY Team
Two transactional attorneys specializing in capital markets and corporate securities have recently moved their practices to McCarter & English LLP's New York office from Sichenzia Ross Ference Carmel LLP.
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Dechert Hires 2 Finance Attys From Akin, Milbank
Dechert LLP announced Tuesday that it had hired two attorneys from Akin Gump Strauss Hauer & Feld LLP and Milbank LLP as partners in a move that the firm said "significantly enhances" its capabilities in private funds, rated notes and derivatives transactions.
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BCLP Adds PE Transactions Pro From Golenbock Eiseman
Bryan Cave Leighton Paisner announced the addition of a former Golenbock Eiseman Assor Bell & Peskoe LLP attorney to its corporate transactions practice Monday, touting her work in private equity-backed transactions.
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How Stradley Ronon Defended Against A Novel SEC Suit
Over the two years they spent handling a first-of-its-kind enforcement action by the U.S. Securities and Exchange Commission against two investment fund trustees, attorneys at Stradley Ronon navigated not only the suit's novel nature but also the implications of new Supreme Court precedent before winning a dismissal this month.
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Survey Finds AI May Reshape Billable Hour's Reign In Law
The legal industry's billing practices may soon undergo a seismic shift, as a survey of nearly 300 professionals highlights the growing influence of generative artificial intelligence, with many predicting the end of the billable hour's dominance.
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Fla. Atty Urges Toss Of Sean Combs' $50M Defamation Suit
A Miami attorney urged a New York federal judge to toss Sean "Diddy" Combs' $50 million defamation suit alleging she perpetuated false claims of him sexually assaulting inebriated celebrities and minors on recorded video, saying the complaint fails to state a claim or back up accusations with facts.Â
Expert Analysis
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Why We Must Recruit And Advance More Black Prosecutors
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.
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Series
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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.
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A Scientific Path For Improving Diversity At Law Firms
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.
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Series
Ask A Mentor: How Can Associates Seek More Assignments?.jpg)
In the first installment of À¶Ý®ÊÓƵ 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.Â
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Legal Sector Regulatory Reform Is Key To Closing Justice Gap
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.
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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.
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The Unique Challenges Of Protecting A Law Firm Brand
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.