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New York Pulse
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Rate Hikes May Be Masking BigLaw's Financial Vulnerabilities
Revenue and profits have both been on a strong upward trajectory in recent years for large U.S. law firms, but those strides may not tell the whole story when considering factors like inflation and the role that aggressive rate hikes, which some say are unsustainable, have played in the increases.
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Greenspoon Marder Adds Former GC To Hospitality Group
Greenspoon Marder LLP hired a former general counsel and senior vice president for pizza and burger chain Emmy Squared as a partner for the firm's hospitality, alcohol and leisure industry group in its New York City office, the firm announced Wednesday.
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Law Firms Slow To Adopt $225K Associate 1st-Year Salaries
First-year associate salaries of $225,000 may make headlines, but they aren't yet the reality at most law firms surveyed for a new report by the National Association for Law Placement.
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Gibson Dunn Helps 1st-Year Associates Connect With 'Pods'
At the height of the COVID-19 pandemic in 2020, Gibson Dunn & Crutcher LLP launched a unique virtual program to connect first-year associates with other young attorneys in different U.S. offices. Five years later, the 鈥淣ew Associate Pods鈥� program is still going strong.
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Hamilton Miller Tops New Ranking Of Midsize Law Firms
Miami-based Hamilton Miller & Birthisel LLP has topped the inaugural ranking of the leading 200 midsize law firms from legal software provider SurePoint Technologies, which scored firms based on factors such as gender and ethnic diversity, and attorney roster growth.
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OneTaste Co-Founder Tells Jury Of Group's Pressure Tactics
The co-founder and former chief operating officer of OneTaste on Tuesday testified that he and ex-CEO Nicole Daedone manipulated adherents of the sexual wellness company's teachings and described how psychological pressure was used to keep workers in line, as the trial of its former top executive and the head of sales entered its third week.聽
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Investor Proposals Are Being Excluded At Soaring Rate
Corporate challenges to investors' shareholder proposals have steadily increased 96% since the 2023 proxy voting season, according to a new study that also shows a growing number of those challenges are successful.
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Withers Taps London Trusts And Estates Atty As Next Chair
Withers announced Tuesday that its next chair will be a London-based trusts and inheritance disputes lawyer with more than 25 years at the firm, who is set to assume the role in July.
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WilmerHale Starts FCA Task Force Amid Trump Order Suit Win
WilmerHale announced a new task force Tuesday to represent clients facing threats from a recently launched federal initiative to use the False Claims Act to crack down on antisemitism and diversity, equity and inclusion programs.
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K&L Gates Names New Managing Partner, Committee Chair
K&L Gates LLP has kicked off a leadership transition process that will continue through next summer and will include the appointment of a new managing partner in July and a management committee chair by June 2026.
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Kirkland Lands 12 Litigation Partners From King & Spalding
Twelve former litigation partners from King & Spalding LLP are among close to 30 attorneys who are moving to Kirkland & Ellis LLP, the latter firm told 极速赛车 Pulse Tuesday.
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Simpson Thacher Adds Benefits Attorney From Cravath In NY
Simpson Thacher & Bartlett LLP announced Tuesday it has expanded its New York office with the addition of an attorney specializing in taxation and executive compensation, who moved her practice after more than eight years with Cravath Swaine & Moore LLP.
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Vice Media VP Rejoins Ogletree In NYC
A seasoned BigLaw attorney who left Ogletree Deakins Nash Smoak & Stewart PC five years ago to move into an in-house legal position at Vice Media has rejoined the labor and employment law firm Tuesday as a shareholder.
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'I Need To Be Careful': Judge Wades Into Musk-Firm Conflict
A New York federal judge questioned his authority to weigh in on Bernstein Litowitz Berger & Grossmann LLP's hiring decisions after it sought permission to employ a former U.S. Securities and Exchange Commission attorney who Elon Musk claims could disadvantage him in a shareholder lawsuit, asking the firm and Musk to brief him on what may be an issue of first impression.
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King & Spalding Recruits NY Kirkland Capital Markets Partner
King & Spalding LLP announced Tuesday that it has brought on a former Kirkland & Ellis LLP partner for its corporate practice group in New York.
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SafeGuard Privacy Adds Ex-Sizmek GC As Legal Chief
SafeGuard Privacy, a compliance privacy platform used by in-house counsel and other corporate teams, has announced the hiring of a general counsel and chief legal officer formerly of advertising technology company Sizmek.
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Why Training Partners To Supervise AI Is Now A Priority
As law firms integrate generative artificial intelligence into their operations and teach attorneys to use it, some are getting their partners up to speed by training them specifically in how to supervise the use of these tools.
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极速赛车 Reveals Titans Of The Plaintiffs Bar
This past year, a handful of attorneys secured billions of dollars in settlements and judgments for both classes and individual plaintiffs against massive companies and organizations like Facebook, Dell, the National Association of Realtors, Johnson & Johnson, UFC and Credit Suisse, earning them recognition as 极速赛车's Titans of the Plaintiffs Bar for 2025.
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4 Top Paul Weiss Attys Exit In Wake Of Firm's Deal With Trump
Four top Paul Weiss Rifkind Wharton & Garrison LLP partners who have represented Google, Amazon and other major companies in high-profile litigation left the firm Friday, in the wake of its decision to make a deal with the Trump administration to defuse an executive order targeting the BigLaw firm's business.
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Voir Dire: 极速赛车 Pulse's Weekly Quiz
The legal industry had another action-packed week as BigLaw firms shifted operations, expanded practices and took on new talent across the country. Test your legal news savvy here with 极速赛车 Pulse鈥檚 weekly quiz.
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极速赛车's Legal Lions Of The Week
Latham & Watkins LLP leads this week's edition of 极速赛车 Legal Lions, after a deadlocked U.S. Supreme Court left in place an Oklahoma state court ruling barring the launch of the nation's first religious charter school.
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Ballard Spahr Adds IP Transactions Pro From DLA Piper
Ballard Spahr LLP announced Thursday that its New York office has gained a life science and climate change-focused corporate lawyer with a background in licensing and other intellectual property transactions from DLA Piper.
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Alarms Sound As DOJ Anti-Corruption Unit Withers
Created in the aftermath of the Watergate scandal as a guardrail against government corruption and politically motivated criminal prosecutions, the Justice Department's Public Integrity Section has been stripped down under the Trump administration to a skeleton crew with severely limited responsibilities, potentially opening the door for improper prosecutions and eliminating a knowledge base built up over decades.
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EscapeX Says No Further Sanctions Needed In Google Fight
EscapeX IP has said a New York federal court shouldn't sanction the company and its law firm, Ramey LLP, under its inherent power in a voluntarily dismissed patent infringement lawsuit against Google.
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Goodwin Procter Gave EEOC Data On Applicants' Race, Pay
Goodwin Procter LLP turned over a trove of demographic and employment data on thousands of applicants for its fellowships, summer associate programs and full-time positions in response to the U.S. Equal Employment Opportunity Commission's March inquiry into its diversity programs.
Expert Analysis
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Ditch The Frills And Start Writing Legal Letters In Plain English
To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.
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Series
Ask A Mentor: How Can I Negotiate My Separation Agreement?
Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.
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DoNotPay Cases Underscore Hurdles For AI-Fueled Legal Help
Recent legal challenges against DoNotPay鈥檚 "robot lawyer鈥� application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
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For The Future Of Legal Practice, Let's Learn From The Past
At some level, every practicing lawyer is experiencing the ever-increasing speed of change 鈥� and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
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Why All Law Firms Should Foster Psychological Capital
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance 鈥� hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
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A GC's Guide To Litigation, Inspired By Sun Tzu's 'Art Of War'
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
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Mentorship Is Key To Diversity In The Legal Industry
Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.
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ChatGPT Is A Cool Trick, But AI Won't Replace Lawyers
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons 鈥� but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
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Pro Bono Work Is Valuable In IP And Continued Learning
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
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Increasing Public Access To Legal Services: A Practical Plan
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
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Priorities For Improving The Legal Industry In Texas
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
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Leading Your Law Firm's Creation Of A New Practice Group
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
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Series
Ask A Mentor: How Do I Relay Shortcomings To Associates?
Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.
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10 Principles For Effective Partner Reward Systems
Several forces are reshaping partners鈥� expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
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Why Interdisciplinarity Is Key To Designing The Future Of Law
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.