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New York Pulse
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Kennedys Turns To US For New Global Managing Partner
Kennedys named the firm's regional chief in the U.S. as its second global managing partner on Thursday as it looks poised to go from strength to strength after it recently recorded revenues of more than £380 million ($493 million).
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Big Jump In Outside Counsel Spending Forecast For 2025
Spending on outside counsel will rise 6.9% in 2025, the largest increase in 10 years, according to a report Thursday from BTI Consulting Group, which forecasts that litigation spending will see the biggest jumps and that practice areas including labor and employment and mergers and acquisitions will also see large spending increases.
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Legal Sector Is Adopting GenAI, Preparing For Talent Shifts
The integration of generative AI is fundamentally transforming how legal professionals manage their daily tasks, with many anticipating that these AI-driven efficiencies will lessen the reliance on billable hours, according to a survey report posted Thursday.
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BigLaw Partner Pay Soars, But Not At The Same Clip For All
Average partner compensation at the 200 largest law firms in the U.S. by revenue has almost doubled in the last decade and has increased by 26% in the past two years alone, according to the results of a survey by recruiter Major Lindsey & Africa LLC that were released Thursday.
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Co. Misleads Claimants About Visa Mastercard MDL, Attys Say
Class counsel for plaintiffs in long-running multidistrict litigation accusing Visa and Mastercard of charging improper merchant fees asked a New York federal judge to demand explanations from a third-party company over misleading statements it allegedly made regarding the claims-submission process for recovering settlement payments.
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Leech Tishman Adds East Coast Restructuring Chair
Leech Tishman announced Tuesday that it is adding another chair to its business restructuring and insolvency practice, giving the team leadership on both coasts.
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Veteran Boies Schiller Atty Starts Next Chapter At Sterlington
After nearly a quarter of a century at Boies Schiller Flexner LLP, litigation attorney Jonathan Sherman says he is ready to begin his third act helping Sterlington PLLC build out a competitive litigation department.
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New York Firm Harter Secrest Hires Former Estates Atty
New York firm Harter Secrest & Emery LLP announced Monday the continued expansion of its trusts and estates practice in the state, bringing back a former associate as a partner for its office in Rochester.
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Construction Pro Boosts Cullen And Dykman Litigation Team
Leadership at Cullen and Dykman LLP announced the addition of an attorney specializing in construction law, saying the move gives the regional firm increased capacity to take on high-profile cases.
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Kirkland Adds Freshfields Atty To Boost Private Credit Bench
Kirkland & Ellis LLP has welcomed an expert in leveraged finance from Freshfields Bruckhaus Deringer LLP, saying Wednesday that his diverse practice will strengthen the firm's liability management and opportunistic credit practices and support its position in the growing private credit sector.
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New Perkins Coie Litigation Heads Embark On 'Listening Tour'
As the new co-leaders of Perkins Coie LLP's litigation practice, partners Shari Brandt and Julia Markley are setting off on a "listening tour" among the more than 400 attorneys within the group.
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Harvey Weinstein Must Face All NY Charges At Retrial
A New York state judge on Wednesday denied Harvey Weinstein a separate trial for his new sexual assault charge, ruling that he must face that allegation alongside his original indictment at a retrial that is now expected to begin in early 2025.
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Giuliani Must Give NYC Apartment, Watches To Poll Workers
A New York federal judge Tuesday ordered Rudy Giuliani to hand over most of his property to two Georgia poll workers, including his Manhattan apartment, Mercedes-Benz, luxury watches and valuable sports memorabilia, to help cover the $148 million judgment the former mayor owes for defaming them.
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Ex-Associated Press Atty Remembered As Media Champion
Richard N. Winfield, a U.S. First Amendment lawyer who represented The Associated Press for three decades and died Tuesday at age 91, is being remembered as a champion of freedom of expression for journalists around the world.
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Stigma Of Disability In Legal Industry Is 'Very Real,' Panel Says
People with disabilities still face challenges when pursuing a legal career, but law firms, law schools, bar associations and corporate legal departments can take steps to help advance disability equality, according to panelists speaking Tuesday for National Disability Employment Awareness Month.
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Norton Rose Names Atty Duo As Global Arbitration Leaders
Norton Rose Fulbright has elevated the firm's U.S. arbitration team leader and a London-based partner to co-lead its global international arbitration practice, shaking up the group's leadership for the first time in over a decade, the firm announced Tuesday.
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Lawyers For Good Government Recognizes Yale Law, 3 Firms
The nonprofit Lawyers for Good Government, or L4GG, announced the recipients of its 2024 Pro Bono Awards on Monday, recognizing three law firms and Yale Law School for their work in support of environmental justice, immigrant rights, children's rights, racial equity and reproductive freedom.
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Winston & Strawn Boosts Transactions Team With NY Tax Atty
As Winston & Strawn LLP continues to build out its transactions team, the firm has hired a new attorney from Hunton Andrews Kurth LLP with a focus on the tax aspects of real estate financing.
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Winston & Strawn Finance Pro Joins Mayer Brown In New York
Mayer Brown LLP announced that a longtime finance attorney at Winston & Strawn LLP has joined the firm's New York office as a partner in what it said is part of a strategic priority to expand its global leveraged finance and private credit platform.
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How Law Firms Get And Keep Elite Status
For decades, a handful of New York-based law firms thoroughly dominated the national consciousness when it came to power, profitability and prestige. But in today's legal market, increased movement of partners and clients from one firm to the next has begun to shake things up and create opportunities for go-getters to ascend the ranks.
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Prestige Leaders: The Firms In The Billionaires' Club
As many BigLaw firms see their revenues climb ever higher, we highlight those that reported topping the billion-dollar mark in the most recent calendar year.
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These Firms Are The 2024 Prestige Leaders
Clients flock to firms with prestigious reputations, and so does top talent. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction
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Mastercard's Legal Chief Departs For Tech Co. Coherent
Rob Beard is leaving his post as Mastercard Inc.'s chief legal officer and global policy head to join Coherent Corp. as its CLO, the industrial laser technology company announced Monday.
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Fraud Cases Tee Up State Fights Over Stolen Election Claims
A "flood" of lawsuits by Republicans and allied groups are sowing doubt in the 2024 elections and potentially setting the stage for destabilizing courtroom showdowns if former President Donald Trump loses, according to law professors and good government groups.
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Junk Call Foe Puts 'Professional' In 'Professional Plaintiff'
Diana Mey is one of the most successful “professional plaintiffs” to sue telemarketers under the Telephone Consumer Protection Act. While she's won class settlements worth tens of millions of dollars, she said a recent counter-suit in a far-off venue, Puerto Rico, has been the “worst experience” of her litigation career.