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New York Pulse
This 100-Year-Old New York Firm's Secret? No Nepo Babies
Massumi & Consoli Expands NYC Office Amid Rapid Growth
DLA Piper Adds Another Investment Funds Atty From Kirkland
Seyfarth Adds CRE Loan Pro To NY Office
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Legal Rates Surge Moderates, But Pressure Remains High
As legal departments face mounting pressure to manage costs, increases in hourly billing rates from law firms appear 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, Law360 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 Joins 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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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
Law360'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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Law360's Legal Lions Of The Week
Sullivan & Cromwell LLP leads this week's edition of Law360 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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Law360 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. Law360 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 — or rivals — moved up in the second quarter of the year.
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Voir Dire: Law360 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 Law360 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 — 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.
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Law Firm Real Estate Report
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.
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Arnold & Porter Adds Fund Formation Expert In New York
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.
Expert Analysis
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An After-Placement Plan Maximizes Legal Content's Potential
Before landing a published quote, feature or interview, law firms should articulate the content’s purpose and develop a strategic plan for repurposing it to ensure they’re aligning public relations efforts with measurable business outcomes, says John Hellerman at Hellerman Communications.
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Ask A Mentor: How Should I Coordinate Pro Bono Projects?
Julie LaEace at Perkins Coie offers tips for attorneys acting as pro bono coordinators, including how to choose appropriate projects, how to encourage participation and why it is important to keep in touch with legal aid partner organizations.
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6 Strategies For Navigating Legal Leadership Transitions
Amid uncertainty in the legal job market, attorneys who are considering a transition to a leadership role must fundamentally reimagine their approach to value creation and develop a new set of skills, say Stacy Bratcher at Cottage Health and Michael Watkins at Genesis Advisers.
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The Augmented Lawyer: Crafting Responsible AI Policies
As the legal industry increasingly looks to impose responsive guardrails for artificial intelligence use, firms and organizations’ internal use policies, outside counsel guidelines and vendor contracts can address confidentiality and data retention concerns in several ways, say attorneys at KXT Law.
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6 Ways To Build Pro Bono Culture If You Lack Dedicated Staff
Firms can develop a strong pro bono culture without hiring dedicated professionals through strategies like demonstrating active involvement by leadership, tailoring volunteer tasks to individual professional development needs and building trusted partnerships within the legal aid community, says Stacy Zinken at Paladin.
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Series
Biz Development Tip Of The Month: Extend Your Content's Life.jpg)
Attorneys often limit the impact of their thought leadership by letting their content languish after initial publication, but through four easy strategies for retooling existing content, they can maximize its reach and further their business development goals, says Jillian McKenna at Verrill Dana.
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Why Law Firm Leaders Should Care About Student Debt Crisis
As the student debt crisis evolves under changing federal policies, firms that proactively address the burden will have significant advantages in recruiting and retaining the best young lawyers, says Brian Kabateck at Kabateck.
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Series
Talking Mental Health: Encouraging New Attys To Find Joy
Rudene Haynes at Hunton discusses her experiences as a hiring partner, common sources of stress that newer attorneys face and steps that law firms can take to protect their attorneys' mental health and encourage personal life fulfillment.
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Fla. Bar's Cyber Incident Response Plan Sets Precedent
The incident response plan developed by the Florida Bar's cybersecurity and privacy committee might not seem all that consequential, but it's a long overdue framework that could go a long way toward protecting the highly sensitive data law firms handle — and could even set a model for other professional organizations to follow, says Chris Boehm at Zero Networks.
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Why Attorneys Should Write About Justices' Minority Opinions
Justice Ketanji Brown Jackson’s searing dissents this past term serve as a reminder for attorneys to analyze U.S. Supreme Court minority opinions in their thought leadership for three key reasons, says Jessica Kaplan at Legally Penned.
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3 Business Development Lessons From Mozart's 'Magic Flute'
Mozart’s opera “The Magic Flute” offers a useful framework for attorneys to build relationships and develop new business, inspired by Prince Tamino’s curiosity, courage and consistency, says Paul Manuele at PR Manuele Consulting.
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5 Ways Legal Teams Can Use KPIs To Quantify Their Value
As in-house legal departments are increasingly expected to do more with less, developing a thoughtful framework to measure key performance indicators can help them both maximize and demonstrate their contribution to business success, say co-founders at New Era ADR.
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Series
Defining The Culture For A Legal Nonprofit
We co-founded The International Academy of Financial Crime Litigators to connect leading trial lawyers, litigation experts and academics, and our experience has shown that embracing opportunity, responding fearlessly to market realities, and relentlessly defining the organization’s culture have all been integral to success, say Stéphane Bonifassi, Lincoln Caylor and Elizabeth Ortega.
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5 Emerging Themes Shaping Lateral Partner Moves This Year
A few key trends have arisen in partners’ lateral movements in the first half of 2025, reflecting a legal market defined by macroeconomic uncertainty, shifts in firm structures and rising scrutiny of firm affiliations, say legal recruiters at Macrae.
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Series
Biz Development Tip Of The Month: Be A Mentor Or Mentee
Mentorship is a powerful tool for business development when both mentors and mentees approach their relationships with strategic purpose, ensuring professional success while supporting broader business goals, say Angela Liu at Dechert and Jessica Lewis at WilmerHale.