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A New York federal judge has given his preliminary blessing to a settlement worth up to $9 million resolving a class action by Yieldstreet investors who accused the online platform of offering "riskier-than-junk-bond investments" to the public that caused the plaintiffs to lose millions of dollars in defaulted loans.
Former President Donald Trump ally Steve Bannon was released from federal prison Tuesday after serving a four-month sentence for contempt of Congress, a week before Election Day and a month and a half ahead of his next criminal trial in New York.
More than 80 major law firms had new partner classes in 2024 made up of at least 50% women, according to an analysis released Tuesday by a think tank focused on diversity and workplace flexibility. However, the analysis also found that the proportion of new U.S.-based partners who are women decreased.
Church Pension Group, a financial services organization providing benefits, insurance and publishing for the Episcopal Church, has named a seasoned in-house attorney its next top lawyer, who brings with her nearly two decades of experience mostly focused on finance, corporate governance and compliance.
Focus Financial Partners Inc. announced that a longtime attorney at LPL Financial was named the New York-based wealth manager's general counsel as part of a series of leadership appointments.
The Leukemia & Lymphoma Society announced Tuesday that the New York-based research nonprofit has promoted its interim general counsel and chief legal officer to the role on a permanent basis as part of a group of leadership appointments.
Akerman LLP announced Monday that two former partners at Kilpatrick Townsend & Stockton LLP are the latest additions to its intellectual property practice group in New York City.
While U.S. District Judge Lee Rosenthal calls the pandemic a disaster that "discombobulated" the federal courts, she thinks there was also a silver lining to the experience.
As privacy has become a more prominent and popular practice area, many attorneys have turned to certifications offered by the International Association of Privacy Professionals to market their skills, with those in the field saying that the popularity is the result of privacy's rapid evolution and the ubiquity is unlikely to diminish.
A University at Buffalo Law School professor on Monday urged a federal judge to reject the National Association of Realtors' $1 billion settlement in an antitrust class action, arguing the deal only serves to enrich lawyers in the case while allowing an anticompetitive system to continue.
Becker & Poliakoff PC announced Monday that the Florida-based firm appointed four of its attorneys and a senior director as vice chairs of their respective practices, along with giving its chief strategy officer the additional role of chief business officer.
A family enmeshed in New York's art world is suing their former attorneys in relation to a dismissed bankruptcy proceeding with an art collector over a breach of contract, alleging the attorneys' incompetence lost them $5 million when they moved the case from state court to a Chapter 7 bankruptcy filing.
The New York federal judge who presided over the fraud and identity theft trial of former Ozy Media CEO Carlos Watson should be disqualified from the case because he failed to disclose that he had investments in four of the companies victimized by Watson, according to the onetime executive, who is trying to get his conviction overturned.
U.S. District Judge John Fontaine Keenan of the Southern District of New York, a jurist of more than four decades who presided over major cases — like the litigation stemming from one of the world's deadliest industrial disasters in Bhopal, India, and the trial of former Filipino first lady Imelda Marcos — died on Sunday, according to a district source. He was 94.
The interwoven business holdings of New York's Dolan family made major securities filings last week revealing that Madison Square Garden Entertainment paid its new general counsel just over $2 million in total compensation in fiscal 2024, and that separate company Madison Square Garden Sports has hired a new top legal officer.
J. Crew is asking a New York federal judge to confirm an arbitrator's ruling from earlier this month that found it hadn't fired its former legal chief, Maria DiLorenzo, in retaliation for her complaints about colleagues' discriminatory comments about her hearing loss.
Simpson Thacher & Bartlett LLP has named two longtime New York City-based partners, including the co-head of its global banking and credit practice, as the first co-leaders of its global investment banking practice, the firm announced Monday.
Maynard Nexsen PC has launched a new business advisory service aimed at privately held and family-owned businesses that will help steer clients through succession planning, mergers, risk management and other needs from both a legal and business perspective, according to a Monday announcement.
King & Spalding LLP is expanding its business litigation team, announcing Monday it is bringing in a White & Case LLP litigator as a partner in its New York office to boost its antitrust capabilities.
A&E Networks announced Monday that its chief legal officer will retire after 11 years, with the company's deputy general counsel set to succeed him in February.
The New Jersey Supreme Court has ordered the indefinite suspension of a former Carter Ledyard & Milburn LLP partner, two years after a New York state appeals court disbarred the lawyer for ignoring subpoenas and failing to cooperate in a fee investigation.
Meg Catalano, who was named Kennedys’ new global managing partner this week, joined Law360 Pulse to discuss her vision for the role and how the firm looks to stay on top of client needs in a volatile world under her leadership.
The New York City Bar Association announced Friday that four sitting judges in state and city courts seeking reelection had failed to show the qualifications needed to perform their duties, a rebuke that hasn't been seen in recent years.
A New York federal judge has rejected an investor's bid to supersede the current lead plaintiff in a securities fraud suit over Credit Suisse's 2023 collapse, saying the petitioning investor had "jumped at the opportunity to sell out his fellow class members" with the replacement motion and criticizing his lawyer too.
Law firm partners' increasing pay often varies based on where those attorneys are located, a fact reinforced by a new study out Thursday, but experts say the relationship between compensation and location has become more complicated as more firms operate on a national scale.
Debbie Berman at Jenner & Block offers advice on how attorneys can make a meaningful impact on their communities through pro bono work while enhancing their professional development through strengthened client-facing skills, hands-on experience and more.
Opinion
Congress Can And Must Enact A Supreme Court Ethics CodeAs public confidence in the U.S. Supreme Court dips to historic lows following reports raising conflict of interest concerns, Congress must exercise its constitutional power to enact a mandatory and enforceable code of ethics for the high court, says Muhammad Faridi, president of the New York City Bar Association.
Series
My Nonpracticing Law Job: Law Firm MarketerLiz Bard Lindley at Jaffe PR shares how she went from a family law associate who helped write industry articles to a savvy legal public relations and marketing professional, and offers takeaways for any attorney who might not feel at home in their law practice and is considering alternative career paths.
In recent years, the deputy general counsel role has expanded and become increasingly vital in organizations across the globe, and companies should consider a few ways to retain this top talent, including by offering competitive compensation that reflects projected increases, says Heather Fine at Major Lindsey.
Life coach and author Wendy Tamis Robbins discusses why she left a career in BigLaw to work in the professional well-being space after finding freedom from anxiety, obsessive-compulsive disorder and substance use disorders, and highlights two changes the legal industry should implement to address attorneys' mental health.
With full-time offer rates at the lowest point since 2012, summer associates must do all they can to distinguish themselves, starting with a few fundamentals — from the importance of asking clarifying questions to being honest about mistakes, says James Argionis at Cozen O'Connor.
To meet the demands of an evolving legal market and changing client expectations, law firms must not only embrace innovation, but also find ways to accelerate adoption and mitigate risks in an industry historically resistant to change, says Shireen Hilal at Maior Strategic Consulting.
Sabina Lippman at CenterPeak discusses steps BigLaw partners can take when considering a move or announcing their departure to help navigate tricky compensation issues and remain on good terms with their current partners.
Jennifer Hoekstra at Aylstock Witkin shares the tough conversations about timing, goals, logistics and values involved in her family's decision that she would build her career as a litigator and law firm partner while her husband stepped back from his own litigation role to stay home with their children.
Series
My Nonpracticing Law Job: Legal Commentary GhostwriterWayne Pollock at Copo Strategies shares how he went from overworked Am Law 50 associate to owner of a legal thought leadership ghostwriting service, and provides four lessons for anyone who might be considering launching a business within the legal industry.
Gary Parsons at Brooks Pierce offers advice for young lawyers seeking trial experience in an environment where fewer cases make it to trial, including how to build their reputations, set their expectations and pick the right firm.
New Era ADR co-founder Collin Williams discusses his journey navigating a clinical depression diagnosis, how this experience affected his leadership style, and what the legal industry can do to better support attorneys with mental health conditions.
Series
My Nonpracticing Law Job: Career And Wellness CoachTara Rhoades at The Sanity Plea shares how she went from BigLaw partner to legal industry career and wellness coach, and explains how attorneys can use their capabilities, knowledge and professional networks to pursue coaching themselves, or bring refreshed meaning and purpose to their current roles.
Series
Talking Mental Health: Tackling Stress As A Practice LeaderConstance Rhebergen at Bracewell discusses how she handles the stress of being a practice chair, how sources of stress have changed in the legal industry over the past decade and what law firms can do to protect attorney mental health.
In the face of a dispersed and changing workforce with Generation Z entering the scene, law firms should consider some practical strategies to revitalize their cultures, provide meaningful mentorship and safeguard their knowledge bases, says Shireen Hilal at Maior Strategic Consulting.