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Texas firm Winstead PC announced Tuesday that three experienced real estate attorneys have joined its real estate practice as shareholders based in Nashville, Tennessee, and New York.
Goodwin Procter LLP has tapped a Sidley Austin LLP partner to lead its shareholder activism and takeover defense practice, the firm announced Tuesday.
Success and longevity are child's play for this New York plaintiffs firm, which leaders say is thanks to a decades-old rule banning nepo babies on the payroll.
The company formerly known as Blade Air Mobility Inc. said in a securities filing that it had appointed its general counsel to serve as co-CEO.
蓝莓视频's annual list of regional powerhouses reflects not only the work of exemplary firms, but also emerging legal trends in each state, from matters involving Colorado's growing life sciences industry, to an uptick in bankruptcies in Delaware, to the continued flurry of intellectual property litigation in California.
Sullivan & Cromwell LLP leads this week's edition of 蓝莓视频 Legal Lions, after the Fifth Circuit vacated a pair of Biden-era regulations aimed at bolstering transparency in the short-selling market.
The number of examinees passing the multistate bar exam in July continued to gain momentum, with near record highs seen this summer over the past 12 years, according to an announcement from the National Conference of Bar Examiners.
Sterlington PLLC announced another addition to its corporate bench Wednesday, this time a longtime transactional attorney who most recently worked for WilmerHale.
A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. 蓝莓视频 reveals the list of attorneys whose commitment to legal excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends 鈥 or rivals 鈥 moved up in the second quarter of the year.
BigLaw firms announced a slew of new hires this week as the legal industry sees August recede in the rearview mirror. Test your legal news savvy here with 蓝莓视频 Pulse's weekly quiz.
More than a year after it began receiving complaints that a Florida lawyer was ghosting clients, the state bar has yet to take action 鈥 highlighting what experts call a slow-moving process that can fail to keep pace with expansive alleged frauds.
A New York federal judge has ordered the new owner of international shipping company Eletson to turn over documents requested by competitor Levona as the latter company looks to vacate an allegedly fraudulent $102 million arbitral award, while also ruling that Reed Smith LLP's threat of sanctions is unfounded.
A Manhattan federal judge stayed a $67 million discrimination lawsuit brought by a former Katten Muchin Rosenman LLP partner alleging the firm pushed him out of the aircraft-finance practice group, pressured him to resign and then fired him because of his age, saying there is an arbitration agreement at play.
The rising use of generative artificial intelligence tools that allow attorneys to get work done faster is creating tension with the traditional model of billable hours. Here, six legal leaders give their take on whether AI will eliminate the billable hour.
Morrison Foerster LLP has hired a longtime Boston Consulting Group executive, who the firm said in a Thursday announcement will implement its digital and artificial intelligence strategies and will be responsible for its digital transformation initiatives.
California-based alternative dispute resolution service Federal Arbitration Inc., or FedArb, announced Wednesday the hiring of a former corporate vice president and chief litigation counsel at aerospace and defense conglomerate RTX Corp. as a Connecticut-based mediator and arbitrator focused on commercial matters.
Proskauer Rose LLP announced Wednesday that its structured credit team has gained another former Dechert LLP attorney in New York, touting his extensive experience with collateralized loan obligations.
Tucker Ellis LLP announced Thursday that a pair of experienced Cleveland-based attorneys have been named the firm's newest practice leaders.
A Florida criminal defense attorney accused of bribing a U.S. Drug Enforcement Administration agent for law enforcement tips entered into an agreement Thursday with Manhattan federal prosecutors that will see charges against him dropped in a year.
A compliance lawyer convicted of pilfering from a $20 million line of credit that a subsidiary of Emigrant Bank extended to his tax-lien business has asked a Manhattan federal judge to order a new trial, arguing that prosecutors' evidence is insufficient and that the charges were "multiplicitous," in violation of the Fifth Amendment.
Several law firms in the Mid-Atlantic region experienced a busy month of office moves in August, with New Jersey in particular seeing a number of relocations.
A Lowenstein Sandler LLP fund formation and structuring co-chair has moved to Arnold & Porter Kaye Scholer LLP to co-lead its investment management practice group in New York, the firm said Thursday.
As the new day-to-day leader of KPMG's U.S. in-house legal department, David Fine is focused on enabling artificial intelligence in the firm and the department as well as integrating the company's risk management functions with its legal, regulatory and compliance operations.
Jones Day announced the latest addition to its real estate practice on Wednesday, welcoming a New York-based attorney from McDermott Will & Schulte LLP.
The federal government is seeking a seven-year prison sentence for the wife of former U.S. Sen. Robert Menendez, who was convicted of a scheme in which the couple accepted gold, cash and a luxury car in exchange for the New Jersey Democrat's political favors to three businessmen.
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鈥 emotional health.
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鈥 biggest selling points, and any roadblocks that may prevent them from recruiting the strongest choice, says Heather Fine at Major Lindsey.
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.
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.
Certain law firm decisions 鈥 such as whether to challenge an executive order 鈥 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鈥嬧嬧嬧嬧嬧嬧婥onversations 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.
In recent years, top-tier law firms have pushed hourly rates to unprecedented heights, with some partners commanding $3,000 per hour 鈥 but this eye-popping number doesn鈥檛 tell the full story, as there are numerous caveats and rigorous winnowing along the way, says Christopher Seck at Squire Patton.
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 BioIf 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.
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.
Law firm culture is often dismissed as a soft factor 鈥 merely platitudes on a website that seem disconnected from the bottom line 鈥 but by intentionally embedding a strong culture into day-to-day operations, law firms can achieve sustainable success, says Shireen Hilal at Maior Strategic Consulting.
To ensure that lateral partners effectively integrate their books of business, firms should design a structured transition plan based on a few fundamentals, from tracking the right data to implementing meaningful incentives, says Lana Manganiello at Practice Growth Partner.
As law firms continue to wrestle with return-to-office policies, many are being pulled toward one or the other of two extremes: the rigidity of a five-day in-office schedule and the laissez-faire approach of a flexible three-day hybrid model 鈥 but a four-day in-office workweek may be the sweet spot, says Paul Manuele at PR Manuele Consulting.
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
鈥淣o comment鈥 is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.