New York Pulse


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    McDermott-Schulte Merger Closes Amid Consolidation Trend

    As New York private equity heavy hitter Schulte Roth & Zabel LLP merges with McDermott Will & Emery LLP, industry observers say the tie-up is a smart and unique marriage that reflects the trend of consolidation among law firms, especially in markets like New York.

  • Test-Taker's Collapse At NY Bar Exam Sparks Criticism

    New York bar-takers were allegedly forced to continue the test after witnessing a Fordham University School of Law graduate suffer a medical incident and receive CPR while she took the exam, according to the school and accounts posted online by people who said they were present.

  • Voir Dire: Law360 Pulse's Weekly Quiz

    The legal industry ended July with another action-packed week as attorneys took on new firm gigs and in-house roles across the country. Test your legal news savvy here with Law360 Pulse’s weekly quiz.

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    Legal Job Sector Continued 5-Month Growth Streak In July

    For the fifth straight month, the U.S. legal industry experienced job growth, adding 600 positions in July, according to preliminary data released on Friday by the U.S. Bureau of Labor Statistics.

  • Latham & Watkins Signs New Manhattan Office Lease

    Latham & Watkins LLP expanded its presence in midtown Manhattan by signing a 12-year lease for 12,000 square feet on two whole floors in RXR's building at 1285 Avenue of the Americas, RXR announced Thursday.

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    State Justices Call For Legal Ed Reforms Amid 'Justice Gap'

    State supreme courts need to address the nationwide "justice gap crisis" caused by too few attorneys, by emphasizing bar exam alternatives and more client work in law school to ensure the legal education pipeline produces new lawyers who are actually ready to practice, according to a new report.

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    Law Firm Real Estate Report

    July was a month of debuts for a handful of firms that opened offices and expanded into new markets. Arnold & Porter Kaye Scholer LLP entered the Seattle market with the help of three former K&L Gates LLP attorneys, and boutique Dunn Isaacson Rhee LLP opened its first office in Washington, D.C., after launching earlier this year.

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    Office Snapshot: Barclay Damon's NYC Expansion

    In response to the firm's rapid expansion in New York City, Barclay Damon LLP has moved into new office space in Rockefeller Center that allows it to better accommodate the needs of its fast-growing team. 

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    Otterbourg Rewards Associates With $15K Midyear Bonus

    Otterbourg PC is awarding all its full-time associates a $15,000 summer bonus, the firm announced Thursday.

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    Babst Calland Expands To Western NY With Perkins Coie Atty

    Babst Calland Clements and Zomnir PC has grown its environmental law offerings and established a presence in western New York with the addition of a longtime Perkins Coie LLP attorney.

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    K&L Gates Names 14 New Practice Leaders

    K&L Gates LLP announced Thursday that it has named 14 new practice leaders, calling the appointments part of the firm's "commitment to investing in its emerging leaders and establishing the next generation of management."

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    Supersized Class Of 2024 Exceeds Job, Salary Predictions

    The class of 2024 was the largest graduating law school class in nearly a decade, but it defied industry expectations by breaking records in overall employment rate, employment in jobs that require or anticipate bar passage, and median salaries, according to data released Thursday.

  • MSG Makes Play For $1.5M Fees In Oakley Dispute

    Madison Square Garden is seeking $1.5 million in attorney fees from former New York Knicks player Charles Oakley, laying out the efforts it took to uncover Oakley's efforts to destroy text messages connected with his long-running assault and battery suit against the arena.

  • Nadine Menendez Loses Bid To Toss Bribery Conviction

    The wife of former U.S. Sen. Robert Menendez failed Thursday in her effort to overturn her conviction in a sweeping federal corruption case as a Manhattan federal judge ruled that the evidence against her was both extensive and compelling.

  • NY Woman Cops To $30M Scam That Used Trump Event As Bait

    A New York woman pled guilty Wednesday to conspiring to defraud investors out of more than $30 million in a real estate fraud and illicit campaign finance scheme, which included using illegal foreign political donations to access a fundraiser for President Donald Trump to woo investors.

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    How Law Firms Are Winning The Succession Game

    Law firms take great care to ensure their longevity. To develop leaders, they carefully identify, mentor and groom the next generation. While top firms can outspend them, some firms are finding alternatives to acquire and retain partners. In a bid to win the loyalty of key clients, firms are increasingly involving them in their lateral hiring processes.

  • 2nd Circ. Backs Live Well Founder's Bond Fraud Convictions

    The Second Circuit affirmed convictions for Live Well's founder for inducing lenders to extend credit by jacking up bond valuations to increase its debt and borrow against it, ruling Wednesday jurors had enough evidence to determine he misrepresented the value of collateral to secure loans and did so with fraudulent intent.

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    Wiggin And Dana Adds Real Estate Partner From Polsinelli

    Law firm Wiggin and Dana LLP said Vasiliki Yiannoulis-Riva has joined as partner from Polsinelli PC in its real estate, environmental, construction and facilities department.

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    Watson Farley Atty Will Lead Seward & Kissel Transpo Team

    An 18-year veteran of London-headquartered Watson Farley & Williams LLP, who worked with that firm's New York asset and structured finance group, has moved her practice to Seward & Kissel LLP, where she'll lead its transportation finance team, according to a Tuesday announcement.

  • 2nd Circ. Hands Clerk Another Shot At Free Speech Firing Suit

    A Second Circuit panel reinstated a suit Wednesday from a court clerk who claimed she was fired for aiding an investigation into an ethics complaint against her former boss, ruling the lower court incorrectly found that her duties as a government worker shielded her from constitutional protection.

  • Dechert Asset Management Pro Jumps To K&L Gates

    K&L Gates LLP announced it has gained an asset management and investment funds lawyer from Dechert LLP in New York.

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    Atty Who Joined Polsinelli Last Year Takes Helm Of NY Office

    A Polsinelli shareholder who joined the firm last year after nearly two decades with intellectual property boutique Lerner David LLP told Law360 Pulse on Wednesday that he plans to use his new role as New York managing partner to help the growing office bring its departments together to provide clients with holistic business solutions.

  • Baker Botts Hires Pentagon Credit Program Architect In DC

    Baker Botts LLP has hired a special counsel who helped the Pentagon launch its first industry-focused lending program and earned his law degree after serving as an officer in the U.S. Army.

  • 2nd Circ. Backs Atty Fee Award In Google Race Bias Case

    The Second Circuit refused to upend a $22,400 fee awarded to a law firm for prelitigation services it provided to a worker who accused Google of giving her poor performance reviews because she's Black, saying the worker hadn't shown the cost was unreasonable.

  • Grassley 'Offended' By Trump's Blue Slip Criticism

    Sen. Chuck Grassley, R-Iowa, chair of the Senate Judiciary Committee, said Wednesday he was "surprised" and "offended" by President Donald Trump's post Tuesday night urging him to get rid of so-called blue slips, which are essentially vetoes for home state senators over U.S. attorney and district court nominee picks.

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Expert Analysis

  • ChatGPT Is A Cool Trick, But AI Won't Replace Lawyers Author Photo

    Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.

  • Pro Bono Work Is Valuable In IP And Continued Learning Author Photo

    The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.

  • Increasing Public Access To Legal Services: A Practical Plan Author Photo

    Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.

  • Priorities For Improving The Legal Industry In Texas Author Photo

    To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.

  • Leading Your Law Firm's Creation Of A New Practice Group Author Photo

    Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.

  • Series

    Ask A Mentor: How Do I Relay Shortcomings To Associates? Author Photo

    Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.

  • 10 Principles For Effective Partner Reward Systems Author Photo

    Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.

  • Why Interdisciplinarity Is Key To Designing The Future Of Law Author Photo

    The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.

  • Incorporating ADA Guidance Into Lawyer Wellness Movement Author Photo

    The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.

  • Series

    Ask A Mentor: How Can New Partners Generate Business? Author Photo

    Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.

  • 9 Writing Tips From The Justices' Opinions Last Term Author Photo

    Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.

  • What Web3 Means For Lawyers' Ethical Duties Author Photo

    As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.

  • NY's Cybersecurity CLE Rule Is A Sign Of Changing Times Author Photo

    New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.

  • Opinion

    Law Firms Stressing Work-Life Balance Are Missing The Mark Author Photo

    Law firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.

  • A Law Student's Guide To Thriving As A Summer Associate Author Photo

    Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.

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