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New York Pulse
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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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NYC Mayor Adams Vows To Fight Looming Federal Charges
New York City Mayor Eric Adams said Wednesday that he believed "the federal government intends to charge" him with crimes following an investigation by Manhattan prosecutors into an alleged scheme to funnel illegal donations from the Turkish government into his 2021 campaign.
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Frost Names Trial Atty As 1st Firmwide Managing Partner
Year-old business litigation boutique Frost LLP has named a longtime trial attorney, and one of its three founding partners, as its new firmwide managing partner, the firm said Wednesday.
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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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Buffalo-Based Cyber Law Pro Joins Pierson Ferdinand
Fast-growing virtual law firm Pierson Ferdinand LLP announced that an experienced cybersecurity attorney with a focus on the healthcare industry joined as a partner based in Buffalo, New York.
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Ex-NY Congressman Argues He Can Be A Fair Federal Judge
President Joe Biden's nominee for the Northern District of New York told lawmakers on Wednesday that his previous stint as a member of the U.S. House of Representatives won't impact his role as an objective federal judge.
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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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A Lawyer Promised Clients Fast Action. Then He 'Disappeared'
Dozens of ex-clients of a Florida lawyer have accused him of orchestrating a racketeering scheme in which clients were duped into paying nonrefundable retainer fees for legal services that were never delivered, allegedly causing a couple to lose their home while others lost custody of their children.
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Top Aviation Atty Departs Withers, Lands At Sterlington
Sterlington PLLC said Sunday that it has hired a former Withers partner who is "widely regarded as the top private aviation attorney globally serving ultra high net worth individuals" to serve as the firm's international vice chair, splitting his time between Asia, the Middle East and the U.S.
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NY Atty Hit With $26M Malpractice Verdict For Exploiting Elder
A New York attorney will have to pay $26.2 million in damages to an ailing, elderly former client who accused him of committing legal malpractice by setting up a bad real estate deal, a jury has ruled.
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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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Ex-MoFo Cybersecurity Partner Joins Cooley In NY
Cooley LLP announced on Tuesday the hiring of a former global privacy and data security partner at Morrison Foerster LLP.
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Entertainment IP Veteran Joins Saul Ewing In New York
Saul Ewing LLP announced Tuesday that a longtime intellectual property attorney with over 30 years of experience representing clients in matters related to advertising and branding has joined the firm's New York office as a partner.
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General Counsel Pay Has Spiked 25% Since 2019
Total compensation for general counsel at a sample of the largest U.S. companies has increased by nearly 25%, or from $2.6 million in 2019 to $3.3 million in 2023, according to a report released Tuesday by data analyst Equilar Inc.
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Sentencing For Sen. Menendez, 2 Associates Delayed 3 Mos.
Former U.S. Sen. Bob Menendez and two businessmen will be sentenced in 2025 following the trio's conviction on bribery charges, according to a New York federal court order that pushed the dates back three months.
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What Summer Associates Learned From Working At Firms
We asked this year's cohort about the most valuable lessons they learned during their summer associateship. Here are some tips they have to pass on to the students who have yet to land a coveted spot or are ready to embark on a career in law.
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What Law Firms Really Look For In Summer Associates
More and more, law firms are bypassing the traditional schedule for on-campus interviews in their search for summer associates. Firm leaders who oversee recruiting for these programs spoke with Law360 Pulse about where they stand on timing and what law students can do to secure a summer placement that works best for their career.
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These Firms Were The Top For Their Summer Associates
BigLaw firms have again set the bar high with their summer associate programs this year, earning high praise from participants who cited the increased opportunities for courtroom experiences, pro bono work, and comprehensive mentorship and networking support.
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Jones Day Adds Ex-Samsung Senior Legal Counsel In NY
Jones Day has hired an of counsel for its New York-based intellectual property practice who has previous experience working with Samsung as a senior legal counsel and is joining Jones Day from a South Korea-based general practice firm.
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Freshfields Launching New Name, Logo In October
Magic Circle firm Freshfields Bruckhaus Deringer LLP announced Tuesday that it is rebranding to shorten its name to Freshfields beginning next month.
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Norton Rose Stresses Regional Chops In New Leadership
A year after the sudden departure of Norton Rose Fulbright's worldwide CEO, the firm announced a permanent reshuffling of its global management structure, formally putting regional managing partners in charge of coordinating the firm's international business.
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Nonprofit, Union Say Janus Doesn't Apply To NYC Dues Fight
Two New York City public defenders cannot leverage the U.S. Supreme Court's Janus ruling to stop paying their union because the ruling only applies to public employees and they're technically employed by a nonprofit, argued their employer, union and the city in a motion to dismiss their lawsuit.
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Law Firm Rates Rise In 2023, But Mixed Outlook Ahead
Corporate legal departments continue to face rising hourly rates from law firms, but rate changes have varied across industries, and the first four months of 2024 present a snapshot of these varying average rate increases, according to a recent report from Wolters Kluwer's ELM Solutions.
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JAMS President Will Become New CEO
Alternative dispute resolution service JAMS is making changes at the top, announcing Monday that its longtime president will move up to become CEO and its current chief financial officer's duties will expand to include chief operating officer.
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Dentons Launches Generative AI Contract Automation Tool
International law firm Dentons has attorneys in Europe testing a generative artificial intelligence tool for contract automation, the firm said Monday.