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New York Pulse
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Which GCs Sold Stock In November? Quest, Exelixis, More
Legal leaders at Quest Diagnostics, SS&C Technologies and Exelixis, among others, had plenty to be thankful for in November after making multimillion-dollar stock sales.
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Wilkinson Stekloff Exceeds BigLaw's Year-End Bonuses
Associates at trial boutique Wilkinson Stekloff will receive year-end bonuses as much as $57,500 higher than those given across BigLaw on top of special bonuses matching those offered by other firms, founding partners said Tuesday.
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Norton Rose Names US Corporate, M&A And Securities Head
Norton Rose Fulbright announced Tuesday that it has tapped a New York partner to co-lead its U.S. corporate, mergers and acquisitions, and securities team.
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Approach The Bench: Judge Tunheim Advises Other Jurists
For more than a decade, U.S. District Judge John Tunheim has counseled judges from other countries on quandaries jurists face internationally, from artificial intelligence to court administration to judicial independence.
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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.
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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.
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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.
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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.
Expert Analysis
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The Importance Of Client Engagement In Law Firm Innovation
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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The Unique Challenges Facing Women-Owned Law Firms
In addition to establishing their brand from scratch, women who start their own law firms must overcome inherent bias against female lawyers and convince prospective clients to put aside big-firm preferences, says Joel Stern at the National Association of Minority and Women Owned Law Firms.
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The Pursuit Of Wellness In BigLaw: Lessons From My Journey
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Jane Jeong at Cooley shares how grueling BigLaw schedules and her own perfectionism emotionally bankrupted her, and why attorneys struggling with burnout should consider making small changes to everyday habits.
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Why We Must Recruit And Advance More Black Prosecutors
Black Americans make up a disproportionate percentage of the incarcerated population but are underrepresented among elected prosecutors, so the legal community — from law schools to prosecutor offices — must commit to addressing these disappointing demographics, says Erika Gilliam-Booker at the National Black Prosecutors Association.
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Series
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Young lawyers overwhelmed with a crushing workload must tackle the problem on two fronts — learning how to say no, and understanding how to break down projects into manageable parts, says Jay Harrington at Harrington Communications.
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A Scientific Path For Improving Diversity At Law Firms
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.
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Series
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In the first installment of Law360 Pulse's career advice guest column, Meela Gill at Weil offers insights on how associates can ask for meaningful work opportunities at their firms without sounding like they are begging.
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Legal Sector Regulatory Reform Is Key To Closing Justice Gap
In order to improve access to justice for those who cannot afford a lawyer, states should consider regulatory innovations, such as allowing new forms of law firm ownership and permitting nonlawyers to provide certain legal services, says Patricia Lee Refo, president of the American Bar Association.
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Perspectives
Judges On Race: The Path To A More Diverse Bench
To close the diversity gap between the judiciary and the litigants that regularly appear in criminal courts, institutions including police departments, prosecutor offices and defense law firms must be committed to advancing Black and Latino men, says New York Supreme Court Justice Erika Edwards.
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The Unique Challenges Of Protecting A Law Firm Brand
Recent law firm trademark disputes highlight how the tension between legal ethics rules and trademark law can make it difficult for firms to select brands that are distinctive and entitled to protection, say Kimberly Maynard and Tyler Maulsby at Frankfurt Kurnit.