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The U.S. Securities and Exchange Commission announced Friday that the head of its Division of Corporation Finance, who oversaw the finalization of controversial new rules covering environmental disclosures and share repurchases, will leave the agency at the end of the year.
An Indian satellite communications company that is asking the U.S. Supreme Court to revive its efforts to enforce a $1.3 billion arbitral award against a state-owned Indian company received a boost on Wednesday as numerous amici, including the Biden administration, backed its position in the litigation.
The U.S. Supreme Court issued the term's first merits ruling in a case involving a revoked visa petition this week, while also hearing arguments in four cases, including one over court review of agencies' environmental decisions and another over whether lying to obtain a contract constitutes fraud if no economic harm is done. Here, Law360 Pulse takes a data-driven dive into the week that was at the U.S. Supreme Court.
Bonus announcements continued late Thursday and into Friday, with law firms across the spectrum — from the U.K. Magic Circle to midsize and boutique firms — following Milbank LLP's lead on 2024 associate bonuses, according to memos shared with Law360 Pulse and media reports.
Gibson Dunn & Crutcher LLP said Dec. 12 that it's brought on a real estate and digital infrastructure lawyer who represents the owners and operators of data centers as the rise of artificial intelligence fuels surging demand for such facilities.
Sidley Austin LLP led this week's Legal Lions for representing Arthur J. Gallagher & Co. in a $13.5 billion cash purchase of AssuredPartners in what its private equity seller, GTCR, called the largest sale of a U.S. insurance broker to a strategic acquirer in the industry's history.
U.S. Circuit Judge Pauline Newman has received more support at the D.C. Circuit in her case over the suspension her colleagues imposed on her for refusing to participate in an investigation into her fitness to serve as a Federal Circuit judge, this time from a group of former federal judges and the Bar Association of the District of Columbia.
The U.S. Supreme Court on Friday granted fossil fuel industry groups' request to review a decision backing the U.S. Environmental Protection Agency's Clean Air Act waiver that allows California to set its own greenhouse gas emissions standards for vehicles and run a zero-emission vehicles program, but the justices won't consider the legality of the waiver itself.
Donald Trump's attorneys Friday slammed a proposal by the Manhattan district attorney to preserve the president-elect's hush money conviction by treating him like a defendant who dies after a verdict, pushing the judge to dismiss the case altogether.
This was another action-packed week for the legal industry as BigLaw firms recruited new talent and announced raises for associates. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Keller Postman LLC added a new front Wednesday to its heated legal fight with Jenner & Block LLP, filing a California state court lawsuit accusing the BigLaw firm of employing a host of unethical tactics to gain leverage in mass arbitration against the streaming service Tubi.
President-elect Donald J. Trump said he plans to issue swift pardons for people accused or convicted of rioting at the U.S. Capitol on Jan. 6, 2021, in an effort to keep him in power, as prosecutors said in one case that accepting such a pardon would amount to an admission of guilt.
The U.S. Supreme Court announced Thursday that it will begin testing an online lottery system for members of the public who want to reserve courtroom seats for oral arguments ahead of time.
Winston & Strawn LLP announced Thursday that it has hired an antitrust pro who formerly worked for the U.S. Department of Justice and most recently worked at Kellogg Hansen Todd Figel & Frederick PLLC to strengthen its litigation department.
Sullivan & Cromwell LLP is the latest firm to match Milbank LLP's year-end and special bonus scale, according to a report Thursday, while New York boutique Selendy Gay PLLC said it is exceeding the prevailing scale for its associates.
Burton's Legal Thesaurus recently announced this year's top new words in law, with entries like "coffee badging" and "hot-tubbing" joining the echelons of 2022's "meme stock" and 2023's "hallucination" as the thesaurus brings to light some of the most novel terms and talking points for lawyers in 2024.
Foley Hoag LLP announced Thursday that an experienced legal executive who was most recently chief revenue officer of King & Spalding LLP has been named the Boston-based firm's new chief operating officer.
The attorney who served as the general counsel of the Office of Management & Budget in President-elect Donald Trump's first administration has been tapped by the incoming president to once again take the reins of that agency's legal work.
Wiley Rein LLP has announced the election of eight attorneys for partnership roles, which will take effect Jan. 1, the firm said Wednesday.
President Joe Biden announced Thursday he was commuting the prison sentences of nearly 1,500 Americans he said had successfully rehabilitated themselves, the largest number ever in a single day, according to a statement by the White House.
The House voted 236-173 on Thursday to pass a bill to add more judgeships, which tees it up for a likely veto by the president, as many Democrats have soured on the measure after Donald Trump's victory at the polls.
Seyfarth Shaw LLP has capped 2024 with some good news for its associates: raises for the new year.
Daniel L. Geyser of Haynes and Boone LLP is an unconventional U.S. Supreme Court advocate in every respect, from the path he forged to become one of the high court's frequent arguers to the way he runs his current practice from more than half a country away from the nation's capital.
Davis Wright Tremaine LLP has promoted a longtime employment attorney to serve in the newly created position of executive operations partner, the firm announced Wednesday.
Winston & Strawn LLP is the latest firm to match the 2024 associate bonus first put forward by Milbank LLP, with adjustments for associates who fall short of the minimum hours threshold while offering extra bonuses for those who "substantially" exceed their productivity goals.
Series
Ask A Mentor: How Can I Use Social Media Responsibly?Leah Kelman at Herrick Feinstein discusses the importance of reasoned judgment and thoughtful process when it comes to newly admitted attorneys' social media use.
Attorneys should take a cue from U.S. Supreme Court justices and boil their arguments down to three points in their legal briefs and oral advocacy, as the number three is significant in the way we process information, says Diana Simon at University of Arizona.
In order to achieve a robust client data protection posture, law firms should focus on adopting a risk-based approach to security, which can be done by assessing gaps, using that data to gain leadership buy-in for the needed changes, and adopting a dynamic and layered approach, says John Smith at Conversant Group.
Laranda Walker at Susman Godfrey, who was raising two small children and working her way to partner when she suddenly lost her husband, shares what fighting to keep her career on track taught her about accepting help, balancing work and family, and discovering new reserves of inner strength.
Series
Ask A Mentor: How Can I Turn Deferral To My Advantage?Diana Leiden at Winston & Strawn discusses how first-year associates whose law firm start dates have been deferred can use the downtime to hone their skills, help their communities, and focus on returning to BigLaw with valuable contacts and out-of-the-box insights.
Female attorneys and others who pause their careers for a few years will find that gaps in work history are increasingly acceptable among legal employers, meaning with some networking, retraining and a few other strategies, lawyers can successfully reenter the workforce, says Jill Backer at Ave Maria School of Law.
ChatGPT and other generative artificial intelligence tools pose significant risks to the integrity of legal work, but the key for law firms is not to ban these tools, but to implement them responsibly and with appropriate safeguards, say Natalie Pierce and Stephanie Goutos at Gunderson Dettmer.
Opinion
We Must Continue DEI Efforts Despite High Court HeadwindsThough the U.S. Supreme Court recently struck down affirmative action in higher education, law firms and their clients must keep up the legal industry’s recent momentum advancing diversity, equity and inclusion in the profession in order to help achieve a just and prosperous society for all, says Angela Winfield at the Law School Admission Council.
Law firms that fail to consider their attorneys' online habits away from work are not using their best efforts to protect client information and are simplifying the job of plaintiffs attorneys in the case of a breach, say Mark Hurley and Carmine Cicalese at Digital Privacy and Protection.
Though effective writing is foundational to law, no state requires attorneys to take continuing legal education in this skill — something that must change if today's attorneys are to have the communication abilities they need to fulfill their professional and ethical duties to their clients, colleagues and courts, says Diana Simon at the University of Arizona.
In the most stressful times for attorneys, when several transactions for different partners and clients peak at the same time and the phone won’t stop buzzing, incremental lifestyle changes can truly make a difference, says Lindsey Hughes at Haynes Boone.
Series
Ask A Mentor: How Can I Support Gen Z Attorneys?Meredith Beuchaw at Lowenstein Sandler discusses how senior attorneys can assist the newest generation of attorneys by championing their pursuit of a healthy work-life balance and providing the hands-on mentorship opportunities they missed out on during the pandemic.
A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.
There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.
Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.