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The merger unveiled Monday between Herbert Smith Freehills LLP and Kramer Levin Naftalis & Frankel LLP of New York is increasing pressure on U.K. firms to expand across the Pond, while also underscoring the persistent challenges of finding the ideal strategic partner for such tie-ups.
Christopher Robinson, a partner with Proskauer Rose LLP, specializes in handling complex secondary transactions, such as advising Blackstone Strategic Partners as a lead investor in the purchase of $5 billion in fund interests from Kaiser Permanente, and was recently named co-head of Proskauer's secondary transactions and liquidity solutions practice — earning him a spot as one of the 2024 Law360 Private Equity MVPs.
Benjamin D. Singer of O'Melveny & Myers LLP helped stave off a criminal prosecution against HealthSun Health Plans Inc. and successfully defended other clients in notable False Claims Act litigation, earning him a spot as a 2024 Law360 Healthcare MVP.
Barrie Covit of Simpson Thacher & Bartlett LLP's fund formation practice helped Lexington Partners break the record for the largest secondaries fund ever raised, at $22.7 billion, earning him a spot as one of the 2024 Law360 Fund Formation MVPs.
Goodwin Procter LLP announced Tuesday that it has added two partners from Willkie Farr & Gallagher LLP to join Goodwin's growing global real estate industry practice in New York.
Worker-side lawyer David deRubertis, who runs his own firm, says he has helped workers win $526 million in damages from their employers in the past two years alone, earning him a spot as one of the 2024 Law360 Employment MVPs.
Milbank LLP announced Monday that it will hand its associates year-end bonuses ranging from $15,000 to $115,000 depending on seniority, numbers that nearly align with bonuses the firm and its peers handed out last year.
Cleary Gottlieb Steen & Hamilton LLP said Monday that it has elevated 26 lawyers to partner and four to counsel in its latest bumper round of promotions.
Bryan Cave Leighton Paisner LLP named 24 new partners on Monday in one of its largest ever promotions rounds, although the total number of partners at the law firm is falling.
Herbert Smith Freehills LLP said Monday that it is joining forces with U.S. law firm Kramer Levin to form a global legal powerhouse in a move that could signal further consolidation in the sector.
Davis Polk & Wardwell LLP has hired two restructuring experts as partners in its London office, where they will advise a wide range of clients on financially troubled companies.
The federal judiciary's advisory panel for evidentiary issues agreed Friday to develop rules aimed at strengthening scrutiny of testimony and materials derived from artificial intelligence systems, saying AI-generated information should meet the same reliability standards that apply to expert witnesses.
Florida corporate law firm Gunster has agreed to shell out $8.5 million to resolve a proposed class action alleging it failed to properly safeguard the personal information of nearly 10,000 clients, employees, and other individuals from cybercriminals, according to a motion to preliminarily approve the deal filed in Florida federal court.
A female former in-house intellectual property lawyer at Elanco Animal Health Inc. sued the pharmaceutical company for gender discrimination in Indiana federal court, alleging she was passed over for a promotion in favor of a less qualified man who later mistreated the women on staff.
Sullivan & Cromwell LLP and the attorney general of California clashed in Delaware bankruptcy court over the firm's interim fee requests for its representation of debtor chemical company Kidde-Fenwal Inc., with the state alleging overbilling and Sullivan & Cromwell claiming California is seeking "payback" for the results of a recent mediation.
A former DLA Piper associate told a New York federal court that her pregnancy bias case against the firm should be heard by a jury, arguing the firm's assertion that she was fired for careless work is contradicted by bonuses she was given and a lack of disciplinary records.
A veteran life sciences patent litigator has jumped from Allen Overy Shearman Sterling to White & Case LLP in New York, expanding the firm’s capabilities to represent medical and pharmaceutical industry clients in complex litigation.
An Illinois firm specializing in personal injury and wrongful death cases has accused a former partner of stealing clients when he left the firm in February and not making appropriate arrangements for his former firm to get fees for certain cases.
The U.S. Supreme Court heard arguments in four cases this week, including a dispute between Facebook and investors over a data harvesting scandal and the formula used to calculate payments to hospitals treating low-income patients. Here, Law360 Pulse takes a data-driven dive into the week that was at the U.S. Supreme Court.
Attorneys in the U.S. Department of Justice's civil rights and environment divisions are stepping up their efforts to organize with the National Treasury Employees Union, the union confirmed Friday, as federal workers brace for coming changes under President-elect Donald Trump's new administration.
Wilson Sonsini Goodrich & Rosati PC and Potter Anderson & Corroon LLP lead this week's list of Law360 legal lions for helping a California biotech startup beat a nearly $460 million trade secrets trial before a federal jury in Delaware.
Kirkland & Ellis LLP capital markets partner Bob Hayward actively counsels pro bono the Navy SEAL Foundation, a nonprofit that provides over 30 programs for SEALs, veterans and their families. Hayward talked to Law360 Pulse ahead of Veterans Day on why he chooses to give his time to the cause.
Affinity groups have become one way for law firms to make sure diverse groups of lawyers in their organizations feel connected and supported. Cozen O' Connor is among the firms that provide a forum for attorneys with military service to link up with one another along with provide pro bono work to veterans dealing with legal issues such as benefits and disability compensation matters.
Quinn Emanuel Urquhart & Sullivan LLP is preparing for continued growth at its shop in the Coconut Grove neighborhood of Miami after having already expanded its roster there with what the office leader said were attorneys looking "to litigate the Quinn Emanuel way."
The more than 100 attorneys and over 250 staff members working from Fox Rothschild LLP's Philadelphia headquarters recently finished setting up shop in their new home at Two Commerce Square in Philadelphia's Center City neighborhood.
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.
To make their first 90 days on the job a success, new legal operations managers should focus on several key objectives, including aligning priorities with leadership and getting to know their team, says Ashlyn Donohue at LinkSquares.
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.
Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.
Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.
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.