Modern Lawyer

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    Why BigLaw Hasn't Embraced Milbank's Bonuses

    As the days grow shorter and the scent of pumpkin spice lattes fills the air, the glimmer of hope that BigLaw firms would follow Milbank LLP in awarding associates special summer bonuses has floated away on the breeze like autumn leaves.

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    Sullivan & Cromwell Didn't Ignore FTX 'Red Flags,' Report Says

    The Chapter 11 examiner appointed in the bankruptcy case of fallen cryptocurrency exchange FTX Trading determined Wednesday that debtor law firm Sullivan & Cromwell didn't ignore any "red flags" about FTX's misconduct related to a $500 million purchase of stock in financial service and digital trading platform Robinhood Markets Inc.

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    Jones Day Must Face Ex-Firm Attys' Parental Leave Suit

    Jones Day will have to defend its parental leave policy at trial, after a D.C. federal judge declined on Wednesday to shut down a long-running suit filed by two married ex-associates that claims the firm discriminates by offering female attorneys more leave than male attorneys.

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    Blank Rome Faces DQ Bid Over Alleged Tampering

    An attorney suing three lawyers from Blank Rome LLP wants the firm's other attorneys disqualified from representing their colleagues, accusing them of improperly contacting a plaintiff's expert witness to intimidate him into no longer participating in the case.

  • Rocket Lawyer, Others Win Nonlawyer Ownership Bids In Ariz.

    The Arizona Supreme Court recently approved seven applications, including one from a subsidiary of Rocket Lawyer, for alternative business structure licenses allowing nonlawyer ownership of law firms, in a record year for the program.

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    Ogletree Lands Seyfarth Employment Atty In Chicago

    Labor and employment firm Ogletree Deakins Nash Smoak & Stewart PC has grown its Chicago office with the addition of a Seyfarth Shaw LLP partner.

  • Vape Co. Sues Buchalter Alleging Malpractice After IP Action

    A Los Angeles-based cannabis company called Smoke Tokes LLC has filed a legal malpractice suit accusing Buchalter PC and two of its attorneys of causing a federal trademark action to drag on unnecessarily even after Smoke Tokes took all necessary steps to satisfy a judgment and injunction.

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    Helene Forcing Shutdown Of Almost Every Courthouse In Fla.

    The vast majority of courthouses in Florida will be closed on Thursday in preparation for the arrival of Hurricane Helene, in the largest shutdown since Hurricane Irma in 2017.

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    Venable Brings On Baker McKenzie IP Litigator In DC

    A longtime Baker McKenzie intellectual property litigator whose work touches on sectors including medical devices, software, and the oil and gas industry has moved his practice to Venable LLP, the firm announced Wednesday.

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    Husch Blackwell Adds Silver Point Capital Tax Atty As Partner

    Husch Blackwell LLP has hired a former tax structure counsel from global credit investing firm Silver Point Capital LP as partner, the firm has announced.

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    Haynes Boone Adds Moore & Van Allen Practice Head In NC

    Haynes and Boone LLP is expanding its finance offerings in North Carolina with the addition of an experienced attorney who most recently served as the head of the swaps and derivatives practice at Moore & Van Allen PLLC.

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    Holland & Hart Adds Family Law Talent To Denver Office

    Holland & Hart LLP announced it has invested in family law talent with the addition of two practitioners with experience advising high-net-worth people and families, along with two paralegals.

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    Akin Adds Energy-Sector Adviser From Greenberg Traurig

    Akin Gump Strauss Hauer & Feld LLP announced Wednesday that it's welcoming an energy-sector-focused attorney from Greenberg Traurig LLP, as the firm says opportunities to invest in sustainable energy projects have fueled client demand.

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    Veteran Federal Prosecutor Joins King & Spalding In Texas

    King & Spalding LLP has strengthened its government investigations, cybersecurity and special matters offerings with a counsel in Austin, Texas, who led efforts to combat cybercrime and pandemic-era fraud during his more than 15 years as a federal prosecutor.

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    Former Administrative Patent Judge Joins McGuireWoods

    McGuireWoods LLP has added a former administrative judge with the Patent Trial and Appeal Board as a partner in its Richmond, Virginia, office.

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    Latham's German Exits Signal Unease At US-Style Approach

    The focus at Latham & Watkins LLP on trying to impose New York rates on clients in other markets might be driving the spate of departures by partners to rival outfits this year, sources close to the firm say.

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    How To Pay Off $215K Of Law School Debt In 4 Years

    Cindy Zuniga-Sanchez, Dechert LLP’s new talent development manager, is also a self-taught expert on financial freedom. She is the author of a book that details how she was able to pay off $215,000 of law school and credit card debt six years early. Here, she gives away her key tips.

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    Baker Botts Names IP Leader In Northern California Offices

    Baker Botts LLP has promoted a longtime partner to head of the intellectual property department in its San Francisco and Palo Alto, California, offices.

  • Judge Defends Atty Fees In Failed Law Firm Case

    A California bankruptcy judge on Tuesday pushed back against criticisms of big fees for professionals in the case of defunct debt relief law firm Litigation Practice Group and said he would approve interim professional fees and expenses of $8.1 million.

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    Ex-Google Privacy Chief Joins Gibson Dunn As Practice Head

    Gibson Dunn & Crutcher LLP has hired a former vice president and chief privacy officer at Google, who for more than 13½ years has helped lead a team of privacy specialists working to achieve Google's data protection and privacy goals.

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    7 Attys In M&A, Real Estate Join Jones Walker In New Orleans

    Jones Walker LLP announced that seven attorneys focused on mergers and acquisitions and real estate law from New Orleans firm Fishman Haygood LLP joined the firm's corporate practice.

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    Sheppard Mullin Adds Paul Hastings Employment Leader

    The co-leader of Paul Hastings LLP's wage and hour practice group has jumped to Sheppard Mullin Richter & Hampton LLP in California, the firm said Tuesday.

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    Florida Bar Exam's July Pass Rate Beats Pre-Pandemic Totals

    The pass rate for first-time test takers of the Florida Bar exam rose to more than 76% in July, surpassing last year's overall results by 5% and marking the highest passing grade since before the COVID-19 pandemic, according to results released Monday by the Florida Board of Bar Examiners.

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    Baker Donelson Adds Financial Services Expert In DC

    Baker Donelson Bearman Caldwell & Berkowitz PC has hired a new shareholder who started her 15-year legal career as an attorney adviser in the U.S. Department of the Treasury's Banking and Finance Division, the firm announced Tuesday.

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    Ropes & Gray Chair To Serve 2nd Term; Firm Picks Vice Chair

    Ropes & Gray LLP announced Tuesday that leading corporate lawyer Julie Jones will begin a second term as the 1,500-attorney firm's first-ever female chair next year while managing committee member Neill Jakobe prepares to assume a vice chair role.

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