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California Pulse
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Uber Investors' Attys Awarded $58M In $200M IPO Suit Deal
A California federal judge granted final approval Wednesday to Uber's $200 million deal settling class claims from investors accusing it of making false and misleading statements ahead of its initial public offering, and also awarded $58 million for attorney fees that he called quite "substantial" but "warranted."
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Kramer Levin, Norton Rose To Match Milbank On Bonuses
Kramer Levin said its associates will receive year-end and special bonuses in line with those set by Milbank LLP ahead of its proposed merger with Herbert Smith Freehills LLP.
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Former AUSA To Lead Bradley Arant's Financial Crime Team
Bradley Arant Boult Cummings LLP announced that a former assistant U.S. attorney who joined the firm in October has been named chair of its newly formed financial crime and economic sanctions practice group.
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Reed Smith Adds State Tax Partner To San Francisco Office
Reed Smith LLP added a partner to its national state tax practice who will work out of its San Francisco office, according to the firm.
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Pillsbury Litigation Duo Joins Construction Boutique In SF
Construction law boutique Ralls Gruber & Niece LLP is expanding its California team, bringing in two Pillsbury Winthrop Shaw Pittman LLP construction litigators as partners in its San Francisco office.
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Trump Names Slater To DOJ Antitrust Against 'Wild' Big Tech
President-elect Donald Trump signaled a full steam ahead approach to reining in major technology platforms with the announced nomination Wednesday of former Federal Trade Commission staffer and Trump administration economic adviser Gail Slater to run the U.S. Department of Justice's Antitrust Division.
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Mid-Law, Small Firms Must Do More To Limit Data Breaches
It's happening again. More law firms are experiencing data breaches and compromising clients' information due to inadequate cybersecurity measures.
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Coinbase Says It Won't Use Firms That Hire Crypto Enforcers
Cryptocurrency exchange Coinbase made clear that it won't work with law firms that employ former U.S. Securities and Exchange Commission attorneys who led the charge on crypto enforcement suits, singling out Milbank LLP for its hiring of ex-SEC enforcement director Gurbir Grewal.
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Antitrust Judge Rips Apple's 'Meritless' Doc Privilege Claims
Apple fought uphill Tuesday to convince a California federal magistrate judge that it properly withheld 57,000 documents from Epic Games due to attorney-client privilege in their antitrust fight, with the judge eventually telling its lawyer, "I disagree with everything you're saying, and the fact you're making these meritless arguments causes me concern."
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BCLP Hires Greenberg Traurig Real Estate Ace In Calif.
Bryan Cave Leighton Paisner LLP has taken another step in expanding its real estate finance practice in California with the addition of a partner from Greenberg Traurig LLP to its Orange County office.
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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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Media Photographers Group CLO Tapped As Next CEO
The American Society of Media Photographers' board of directors has elected to elevate its top lawyer to the role of chief executive after nearly four years working in-house at the professional organization, which he first joined as a high school student.
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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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Girardi Won't Get New Fraud Trial Despite Memory Claims
A California federal judge on Monday denied Tom Girardi's bid for a new trial after a jury found he misappropriated $15 million worth of client settlement funds, standing by a prior assessment that the disbarred attorney was "exaggerating" symptoms of mild cognitive impairment.
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Senate Sends Calif. Judge To Federal Bench
The U.S. Senate voted 48-43 on Monday evening to confirm California Superior Court Judge Anne Hwang to a federal judgeship in the Central District of California.
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Newsom Wants $25M For Expected Legal Fights With Trump
California Gov. Gavin Newsom announced Monday that he wants up to $25 million for litigation and legal fights he foresees with the administration of President-elect Donald Trump, kicking off the first day of a special session the state Legislature held at the governor's request after Trump's win.
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Biden's Pardon Is Another Blow To Special Counsel Probes
President Joe Biden's pardon of his son over the weekend marks the latest example of a special counsel investigation fizzling and raises doubts over the future use of such probes, which can drag on for years and cost taxpayers millions of dollars.
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Supermicro Agrees To Hire More Execs, Attys After Review
Following an internal review after its public accounting firm resigned, a California-based producer of computer servers and services said Monday it had agreed to accept a review committee's recommendations, which include hiring a general counsel, more in-house attorneys and a chief compliance officer.
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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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Office Snapshot: Snell & Wilmer 'In Love' With Calif. Digs
Despite the noise, dust and other inconveniences that come with making renovations, the Snell & Wilmer LLP team in Orange County, California, decided its future still rested in the building it has called home for the past two decades.
Expert Analysis
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Lawyers Can Get Ready For Space Law To Take Flight
While international agreements for space law have remained relatively unchanged since their creation decades ago, the rapid pace of change in U.S. laws and policies is creating opportunities for both new and veteran lawyers looking to break into this exciting realm, in either the private sector or government, says Michael Dodge at the University of North Dakota.
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Series
Ask A Mentor: What Makes A Successful Summer Associate?
Navigating a few densely packed weeks at a law firm can be daunting for summer associates, but those who are prepared to seize opportunities and not afraid to ask questions will be set up for success, says Julie Crisp at Latham.
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How To Successfully Market Your Summer Associate Program
Law firms can attract the right summer associate candidates and help students see what makes a program unique by using carefully crafted messaging and choosing the best ambassadors to deliver it, says Tamara McClatchey, director of career services at the University of Chicago Law School.
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Opinion
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Following the tragic attack on U.S. District Judge Esther Salas' family last summer and amid rising threats against the judiciary, legislation protecting federal judges' personal information and enhancing security measures at courthouses is urgently needed, says U.S. District Judge Roslynn Mauskopf, director of the Administrative Office of the U.S. Courts.
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Series
Ask A Mentor: How Can Recalcitrant Attys Use Social Media?
Social media can be intimidating for reluctant lawyers but it can also be richly rewarding, as long as attorneys remember that professional accounts will always reflect on their firms and colleagues, and follow some best practices to avoid embarrassment, says Sean Marotta at Hogan Lovells.
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Keys To Digitizing Inefficient Contract Management Processes
Neville Eisenberg and Mark Grayson at BCLP explain how they sped up contract execution for one client by replacing email with a centralized, digital tool for negotiations and review, and how the principles they adhered to can be helpful for other law firms looking to improve poorly managed contract management processes.
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Series
Ask A Mentor: How Can Firms Coach Associates Remotely?.jpg)
Practicing law through virtual platforms will likely persist even after the pandemic, so law firms and senior lawyers should consider refurbishing their associate mentoring programs to facilitate personal connections, professionalism and effective training in a remote environment, says Carol Goodman at Herrick Feinstein.
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How Law Firms Can Welcome And Celebrate Autistic Lawyers
As the U.S. observes Autism Acceptance Month, autistic attorney Haley Moss describes the societal barriers and stereotypes that keep neurodivergent lawyers from disclosing their disabilities, and how law firms can better accommodate and level the playing field for attorneys whose minds work outside of the prescribed norm.
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Law Firm Tips For Evaluating AI And Machine Learning Tools
Many legal technology vendors now sell artificial intelligence and machine learning tools at a premium price tag, but law firms must take the time to properly evaluate them as not all offerings generate process efficiencies or even use the technologies advertised, says Steven Magnuson at Ballard Spahr.
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A Call For Personal Accountability On Diversity And Inclusion
While chief legal officers are increasingly involved in creating corporate diversity, inclusion and anti-bigotry policies, all lawyers have a responsibility to be discrimination busters and bias interrupters regardless of the title they hold, says Veta T. Richardson at the Association of Corporate Counsel.
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Learning How To Code Can Unleash New Potential In Lawyers
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
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Supporting Associates Amid Pandemic's Mental Health Toll
As junior associates increasingly report burnout, work-life conflict and loneliness during the pandemic, law firms should take tangible actions to reduce the stigma around seeking help, and to model desired well-being behaviors from the top down, say Stacey Whiteley at the New York State Bar Association and Robin Belleau at Kirkland.
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Series
Ask A Mentor: Should My Law Firm Take On An Apprentice?.jpg)
Mentoring a law student who is preparing for the bar exam without attending law school is an arduous process that is not for everyone, but there are also several benefits for law firms hosting apprenticeship programs, says Jessica Jackson, the lawyer guiding Kim Kardashian West's legal education.
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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.