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New York Pulse
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Latham Adds Former Fried Frank Atty To M&A, PE Team In NY
Latham & Watkins LLP announced another addition to its mergers and acquisitions and private equity practice Tuesday, welcoming a former Fried Frank Harris Shriver & Jacobson LLP attorney with broad expertise in asset management M&A transactions.
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Legal Rates Surge Moderates, But Pressure Remains High
As legal departments face mounting pressure to manage costs, increases in聽hourly billing rates from law firms appear聽to be moderating, with the first few months of 2025 presenting a snapshot of this reality, according to a recent report from Wolters Kluwer's ELM Solutions.
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The Top In-House Hires Of August
Legal department hires in the last month included high-profile appointments at the Association of Corporate Counsel, GE Vernova, and a California legal legend joining an AI startup named Anthropic. Here, 蓝莓视频 Pulse looks at some of the top in-house announcements from the past few weeks.
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Longtime Frankfurt Kurnit Litigator Joins Proskauer In NY
Proskauer Rose LLP continues expanding its litigation team, announcing Tuesday it is bringing in a Frankfurt Kurnit Klein & Selz PC commercial litigator as a partner in its New York office.
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Sullivan & Cromwell Sees NY Exits As It Grows In London
Sullivan & Cromwell LLP has seen at least two of its mergers and acquisitions attorneys depart from its New York office in recent weeks, as the global firm concurrently boosts its standing in London with the announcement this week of two high-profile private capital hires.
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Real Estate Trio Join Winstead In NY, Nashville
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.
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Goodwin Adds Sidley Atty To Lead Shareholder Activism Team
Goodwin Procter LLP has tapped a Sidley Austin LLP partner to lead its shareholder activism and takeover defense practice, the firm announced Tuesday.
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This 100-Year-Old New York Firm's Secret? No Nepo Babies
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.
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NY Medical Transport Co. Names General Counsel As Co-CEO
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.
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The 2025 Regional Powerhouses
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.
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蓝莓视频's Legal Lions Of The Week
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.
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Scores On July Bar Exam Rise Amid Dip In Test Takers
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.
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Sterlington Continues Corporate Growth With WilmerHale Atty
Sterlington PLLC announced another addition to its corporate bench Wednesday, this time a longtime transactional attorney who most recently worked for WilmerHale.
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蓝莓视频 Names Attys Who Moved Up The Firm Ranks In Q2
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.
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Voir Dire: 蓝莓视频 Pulse's Weekly Quiz
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.
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'I'm Flabbergasted': Fla. Atty's Accusers Rip Bar For Inaction
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.
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Judge Rejects Reed Smith's Sanctions Bid In Doc Feud
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.
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Ex-Katten Partner's $67M Age Bias Suit Stayed For Arbitration
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.
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In Their Words: Will AI Kill The Billable Hour?
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.
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MoFo Hires Chief Information Officer From Boston Consulting
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.
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FedArb Hires Ex-RTX Legal Chief As Commercial Mediator
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.
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Proskauer Adds Another Structured Credit Atty From Dechert
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.
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Tucker Ellis Names 2 Cleveland Attorneys As Practice Leaders
Tucker Ellis LLP announced Thursday that a pair of experienced Cleveland-based attorneys have been named the firm's newest practice leaders.
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Lawyer Accused Of Bribing DEA Agent Cuts Deal To End Case
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.
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Compliance Atty Who Duped Lender Wants New Trial
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.
Expert Analysis
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Goldilocks Solution: Why The 4-Day Office Week Is Just Right
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.
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As Attys Adopt Generative AI, 3 Elements Should Be Cardinal
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.
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Rethinking 'No Comment' For Clients Facing Public Crises
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.
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Series
Biz Development Tip Of The Month: Prioritize Connections
One reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
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Overcoming US Law Firms' Hesitancy To Enter Indian Market
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
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Biz Development Tip Of The Month: Make A Plan For The Year
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.
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Series
Talking Mental Health: Caring For Everyone As A Firm Leader
Reid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.
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How Firms Can Use LinkedIn To Aid Marketing Efforts In 2025
LinkedIn has several features law firms can use to showcase their capabilities and thought leadership to reach prospective and existing clients, including the Event and Live features, says Sofia Millar at Reputation Ink.
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Talking Mental Health: Managing Emotions In Trauma Cases
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Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
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Strategies For Successful Law Firm Mergers In 2025
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.
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Making Legal Cents: Winning More Work In A Crowded Market
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
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Best Practices For Implementing Firm Revenue Cycle Roles
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.
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Tips For Constructing Your Small-Law Exit Strategy
By initiating planning and processes to evaluate personal retirement goals and firm value early, longtime solo practitioners and small-firm owners can unlock a range of possibilities and potential buyers, setting up for a profitable exit and a rewarding transition, says Brent Daub at Gilson Daub.
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Tips For Persuasive Briefs Beyond The Argument Section
When crafting an appellate brief, the focus for most lawyers is the argument section, but other sections also offer strategic opportunities to shape the court's perception of the case and favorably frame the issues, say attorneys at Frost Brown.
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Ask A Mentor: Is Secondment A Good Career Move?
Kate Driscoll at Morrison Foerster suggests six questions to help candidates evaluate whether a secondment will benefit their career.