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Foley & Lardner LLP did not heed the fiduciary duty it owed to GWG Holdings when it facilitated loans and other transactions unfair to the life insurance-backed bond seller and, instead, enriched a group of "corrupt" shareholders, according to a lengthy adversary lawsuit filed in Texas bankruptcy court.
A former business development director from McElroy Deutsch Mulvaney & Carpenter LLP has been given the go-ahead from a New Jersey state judge to bring a malicious-prosecution claim against the firm in litigation over her and her husband's alleged multimillion-dollar embezzlement from the firm.
Lathrop GPM LLP and Silicon Valley firm Hopkins Carley have officially joined forces after announcing their planned combination in August, which includes a pair of new West Coast offices, the firm said Tuesday.
The onetime deputy secretary of the Interior, Tommy Beaudreau, who moved into private practice last year and now co-leads WilmerHale's energy practice, violated government ethics laws by failing to recuse himself from drilling-related matters while knowingly holding petroleum stocks, according to an internal watchdog's ethics report released Tuesday.
WilmerHale has brought on a second former Latham & Watkins LLP partner this year to its life sciences practice in its Palo Alto, California, office, strengthening the firm with an attorney who helped lead the team that guided public biopharmaceutical company BridgeBio Pharma to raise up to $1.25 billion in capital in January.
Spencer Fane LLP announced Tuesday that it has merged with Las Vegas boutique Holley Driggs Law Firm, adding a further 14 attorneys to its operations in Nevada's most populous city.
Buchalter PC has continued its expansion in Georgia with the addition of two intellectual property litigators from Taylor English Duma LLP.
The U.S. Department of Homeland Security's former general counsel Jonathan Meyer has bounced between the agency and Sheppard Mullin Richter & Hampton LLP since 2016, and now after three years as DHS' top lawyer, the firm said Tuesday he's returning to lead its national security group in D.C.
Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP has brought on as its first-ever chief revenue officer an experienced executive who worked for more than a decade at DLA Piper in various roles.
Shook Hardy & Bacon LLP announced Tuesday that it has added a retired Army Judge Advocate General in Washington, D.C., bolstering the firm's business litigation, government investigations and white collar practices.
Covington & Burling LLP said Tuesday that it promoted 14 lawyers to partner in its Brussels, Los Angeles, London, New York and Washington offices.
Nonequity partners make up one of the fastest-growing tiers of lawyers at major law firms — and that tier is the most discontented, according to Law360 Pulse's 2024 Law Firm Compensation Survey.
Lawyers in private practice are generally happy with their compensation, and BigLaw associates are particularly satisfied, thanks to openly competitive rates of pay. But equity partners at smaller firms are happiest, according to a new Law360 Pulse survey.
The legal industry may be known for its relatively high pay, but don't tell that to lawyers: Barely half of all attorneys feel satisfied or very satisfied with what they make, according to a new Law360 Pulse report.
A former partner and general counsel for the credit arm of Apollo Global Management is now a partner in Paul Weiss Rifkind Wharton & Garrison LLP's corporate department, the firm said Tuesday.
Gordon Rees Scully Mansukhani LLP, now known as GRSM50, has elevated 51 attorneys to partnership in 21 states across more than 10 practice groups in a broad range of legal areas.
Faegre Drinker Biddle & Reath LLP has announced the relocation of its Stanford University-backed Legal Design Lab from Silicon Valley to a new outpost in Scottsdale, Arizona.
The Washington, D.C., intellectual property boutique Browdy & Neimark PLLC is closing its doors after 72 years in business, as the firm's four attorneys move their practices to FisherBroyles LLP.
Jenner & Block LLP announced the addition of the former Chicago office leader at Davis Wright Tremaine LLP on Tuesday, touting the longtime financial litigator's skills in litigation and regulatory counseling.
A team of 10 attorneys formerly with Constantine Cannon LLP and Robins Kaplan LLP has formed a new boutique firm specializing in antitrust law, with offices in New York City and Washington, D.C., according to a Tuesday announcement.
The U.S. Trustee's Office is asking a New York bankruptcy judge to claw back the fees and expenses law firm Reed Smith LLP has earned representing shipping firm Eletson Holdings in its Chapter 11 case, saying it failed to disclose ties with Eletson directors.
The lead prosecutor in the trial of Atlanta rapper Young Thug received an unrelenting dressing-down Monday from the case's latest presiding judge, who slammed the state's "really poor lawyering" that she said she could attribute only to incompetence or deliberate misconduct.
Cozen O'Connor's continuous steady growth over the last 12 years has prompted the firm's leadership to reelect its current chief executive for another three-year term.
Solar equipment supplier Shoals Technologies Group Inc. announced Monday it appointed a Troutman Pepper Hamilton Sanders LLP partner as its interim chief legal officer.
Sarah Harrington has dedicated almost her entire legal career to public service. But on Dec. 1, following 3½ years overseeing the U.S. Department of Justice's appellate staff in the Civil Division as deputy assistant attorney general, she'll return to private practice as the new co-leader of the appellate and Supreme Court practice at Covington & Burling LLP, the firm said Monday.