New York Pulse


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    Vedder Price Adds Fund Finance Shareholder To NY Office

    Vedder Price PC has expanded its East Coast finance practice by hiring a fund finance attorney in New York as a shareholder, the firm said Tuesday.

  • OneTaste Execs Say Former Member's Journals Fabricated

    Two former OneTaste executives facing forced labor conspiracy charges claim a former employee's journals were fabricated for a Netflix documentary about the sexual wellness company and were further edited by an FBI agent before being produced to the defense in discovery.

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    It's Not Your Imagination, SDNY Attys: PACER Really Is Slow

    Recent mid-morning slowdowns of the federal courts database known as PACER in the Southern District of New York are caused by a profusion of data miners that ply their trade around the same time each day, a district official confirmed Tuesday.

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    Are Law Firms Losing Money On Generative AI?

    How to leverage generative artificial intelligence to enhance the bottom line is still a question mark for the vast majority of law firms, with many making massive investments in the technology without much of a plan for how to monetize it, law firm consultants say.

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    Kirkland Adds 2 Real Estate Partners To NYC Office

    Kirkland & Ellis LLP has hired ex-Fried Frank partner Matthew Bettinger and former Schulte Roth & Zabel LLP partner Seth R. Henslovitz as new partners for its real estate team in New York City, the firm announced on Monday.

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    Norton Rose Adds US Chief People Officer From V&E

    Houston-based Norton Rose Fulbright beefed up its professional team this week with the addition of a talent development expert who joined the firm after more than 17 years with Vinson & Elkins LLP.

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    The Top In-House Hires Of November

    Legal department moves in the last month included high-profile announcements at CSX Corp., Cohen & Steers Inc. and Pershing Square Holdings Ltd., including two general counsel joining boards of directors. Here, Law360 Pulse looks at some of the top in-house appointments from November.

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    Mid-Law Firm Seward & Kissel Matching Milbank Bonus Scale

    Seward & Kissel LLP, a Mid-Law firm with offices in New York and Washington, D.C., has joined the bonus bandwagon for associates by matching the year-end and special cash rewards set by Milbank LLP, according to media reports.

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    Ex-Skadden Chair Retiring And Joining Legal Tech Boards

    Eric Friedman, who led Skadden Arps Slate Meagher & Flom LLP for 15 years as chair and executive partner, is retiring from the firm at the end of the year and joining the boards of two legal tech companies.

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    Blackstone Promotes Real Estate GC To Private Wealth COO

    Global asset manager Blackstone has elevated its real estate general counsel to the role of global chief operating officer of Private Wealth Solutions as the unit looks to continue its expansion.

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    Cooley Promotes 20 Lawyers To Partnership

    Cooley LLP said on Monday that 20 lawyers from its offices in London and the U.S. have been elected to join its partnership as it freshens up its senior ranks.

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    Weil Adds Banking And Finance, Exec Comp. Pros In NY

    Weil Gotshal & Manges LLP announced Monday that it has added two attorneys to its New York office, one to bolster its banking and finance practice and the other to strengthen its executive compensation and benefits group.

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    Mayer Brown, Gibson Dunn Match Milbank Bonuses

    Mayer Brown LLP and Gibson Dunn & Crutcher LLP joined a chorus of other BigLaw firms in doling out extra cash for associates, matching the year-end and special bonuses set by Milbank LLP, according to media reports.

  • Menendez Says Evidence Error Means Automatic New Trial

    Former Sen. Bob Menendez told a federal judge Wednesday that it's "unavoidable" that he is owed a new trial after prosecutors' recent admission that they gave jurors evidence that had been excluded.

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    Weil Elevates 18 To Partner In Latest Promotion Class

    Weil Gotshal & Manges LLP announced that it promoted 18 attorneys to partner for the start of 2025, with a majority of them operating in the financial and restructuring sectors.

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    More Law Firm Business Staffs See Discretionary Bonuses

    Law firms' administrators and staff have reported more discretionary bonuses, longer parental leave, increasing work-from-home policies and an overall decline in turnover rates, according to the latest annual report produced by the Association of Legal Administrators.

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    Cozen O'Connor Doubles Down On New York Growth

    In about four years, Cozen O’Connor's New York office has grown from about 80 lawyers to more than 140 — with possible plans to expand into a third floor at 3 World Trade Center.

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    Akerman Increases Promotion Class With 20 New Partners

    Akerman LLP announced Tuesday that it had elevated 20 of its attorneys to partner roles, spanning eight practices and 13 offices.

  • What Do You Know About BigLaw's Associate Bonus Plans?

    BigLaw has ushered in another busy bonus season as law firms announce extra compensation for associates. Test your legal news savvy with a special Law360 Pulse quiz on what firms have announced so far.

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    BigLaw's Special Bonuses Are A Hedge Against Uncertainty

    When Cravath Swaine & Moore LLP matched Milbank's 2024 bonuses with its own, the storied New York firm did not hand associates a single lump sum with the total amount, but instead chose to separate out year-end bonuses from special bonuses.

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    Dechert Associates Bridge Business Acumen Gap At Wharton

    Dechert LLP associates from the United States and Europe recently took part in an intensive, three-day program at the Wharton School of the University of Pennsylvania in Philadelphia. Here, Law360 Pulse speaks to Dechert’s co-chair and a firm associate on how the program helped bridge the gap between legal expertise and business acumen.

  • Rikers Faces Federal Takeover As NYC Held In Contempt

    A Manhattan federal judge found New York City and its corrections department in civil contempt for failing to fix the "unconstitutional danger" for inmates at Rikers Island, indicating a receivership is the solution.

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    2024 Associate Bonus and 2025 Salary Tracker

    UPDATED December 20, 2024 | As the year draws to a close, an increasing number of large and other elite law firms are falling in line with a bonus scale set by market leader Milbank LLP, which in many cases puts more money in the pockets of law firm associates than ever before.

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    Bonus Season Heats Up As More Firms Match Milbank's Scale

    The 2024 associate bonus season is heating up, with more law firms matching Milbank LLP's year-end and special bonuses and U.K. firms extending the same offering to their U.S.-based attorneys, according to firm memos shared with Law360 Pulse and media reports.

  • Nadine Menendez's Atty Seeks Trial Delay Due To Jan. 6 Case

    Counsel for Nadine Menendez in a bribery case that toppled her husband, former U.S. Sen. Robert Menendez, asked a New York federal judge to delay her January trial date because it would likely conflict with the trial of another client facing charges in March in the 2021 Capitol insurrection.

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Expert Analysis

  • How Attorneys Can Narrow LGBTQ Gap In The Judiciary Author Photo

    Lawyers can take several steps to redress the lack of adequate LGBTQ representation on the bench and its devastating impact on litigants and counsel in the community, says Janice Grubin, co-chair of the Judiciary Committee at the LGBT Bar Association of Greater New York.

  • Employers Must Heed Rising Attorney Stress And Alcohol Use Author Photo

    Krill Strategies’ Patrick Krill, who co-authored a new study that revealed alarming levels of stress, hazardous drinking and associated gender disparities among practicing attorneys, highlights how legal employers can confront the underlying risk factors as both warnings and opportunities in the post-COVID-19 era.

  • Lawyers Can Get Ready For Space Law To Take Flight Author Photo

    While international agreements for space law have remained relatively unchanged since their creation decades ago, the rapid pace of change in U.S. laws and policies is creating opportunities for both new and veteran lawyers looking to break into this exciting realm, in either the private sector or government, says Michael Dodge at the University of North Dakota.

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    Ask A Mentor: What Makes A Successful Summer Associate? Author Photo

    Navigating a few densely packed weeks at a law firm can be daunting for summer associates, but those who are prepared to seize opportunities and not afraid to ask questions will be set up for success, says Julie Crisp at Latham.

  • How To Successfully Market Your Summer Associate Program Author Photo

    Law firms can attract the right summer associate candidates and help students see what makes a program unique by using carefully crafted messaging and choosing the best ambassadors to deliver it, says Tamara McClatchey, director of career services at the University of Chicago Law School.

  • Opinion

    Judges Deserve Congress' Commitment To Their Safety Author Photo

    Following the tragic attack on U.S. District Judge Esther Salas' family last summer and amid rising threats against the judiciary, legislation protecting federal judges' personal information and enhancing security measures at courthouses is urgently needed, says U.S. District Judge Roslynn Mauskopf, director of the Administrative Office of the U.S. Courts.

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    Ask A Mentor: How Can Recalcitrant Attys Use Social Media? Author Photo

    Social media can be intimidating for reluctant lawyers but it can also be richly rewarding, as long as attorneys remember that professional accounts will always reflect on their firms and colleagues, and follow some best practices to avoid embarrassment, says Sean Marotta at Hogan Lovells.

  • Keys To Digitizing Inefficient Contract Management Processes Author Photo

    Neville Eisenberg and Mark Grayson at BCLP explain how they sped up contract execution for one client by replacing email with a centralized, digital tool for negotiations and review, and how the principles they adhered to can be helpful for other law firms looking to improve poorly managed contract management processes.

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    Ask A Mentor: How Can Firms Coach Associates Remotely? Author Photo

    Practicing law through virtual platforms will likely persist even after the pandemic, so law firms and senior lawyers should consider refurbishing their associate mentoring programs to facilitate personal connections, professionalism and effective training in a remote environment, says Carol Goodman at Herrick Feinstein.

  • How Law Firms Can Welcome And Celebrate Autistic Lawyers Author Photo

    As the U.S. observes Autism Acceptance Month, autistic attorney Haley Moss describes the societal barriers and stereotypes that keep neurodivergent lawyers from disclosing their disabilities, and how law firms can better accommodate and level the playing field for attorneys whose minds work outside of the prescribed norm.

  • Law Firm Tips For Evaluating AI And Machine Learning Tools Author Photo

    Many legal technology vendors now sell artificial intelligence and machine learning tools at a premium price tag, but law firms must take the time to properly evaluate them as not all offerings generate process efficiencies or even use the technologies advertised, says Steven Magnuson at Ballard Spahr.

  • A Call For Personal Accountability On Diversity And Inclusion Author Photo

    While chief legal officers are increasingly involved in creating corporate diversity, inclusion and anti-bigotry policies, all lawyers have a responsibility to be discrimination busters and bias interrupters regardless of the title they hold, says Veta T. Richardson at the Association of Corporate Counsel.

  • Learning How To Code Can Unleash New Potential In Lawyers Author Photo

    Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.

  • Supporting Associates Amid Pandemic's Mental Health Toll Author Photo

    As junior associates increasingly report burnout, work-life conflict and loneliness during the pandemic, law firms should take tangible actions to reduce the stigma around seeking help, and to model desired well-being behaviors from the top down, say Stacey Whiteley at the New York State Bar Association and Robin Belleau at Kirkland.

  • The Importance Of Client Engagement In Law Firm Innovation Author Photo

    As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.

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