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New York Pulse
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Two Years In, Law Firms See Real Results From Generative AI
Law firms are reaping the benefits of generative artificial intelligence two years after this technology was publicly unleashed, despite some external challenges, a panel of BigLaw technology leaders said at a legal conference on Thursday.
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AY Strauss Partner On Reemerging From 2020 Retirement
There was no one specific factor that made commercial real estate boutique A.Y. Strauss' new partner, Robert E. Zimet, realize he missed practicing law after his retirement from Skadden Arps Slate Meagher & Flom LLP in 2020.
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Paul Hastings Investment Funds Head Leaves After 18 Months
Paul Hastings LLP has parted ways with New York-based partner John Budetti, who has been global chair of its investment funds and private capital practice since joining the firm in April 2023 from Kirkland & Ellis LLP.
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A&O Shearman Opts For 3-Level Partnership Comp
A&O Shearman has moved its partnership to a three-level compensation structure using an all-equity model, sources close to the firm told Law360 on Thursday.
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A&O Shearman Practice Head Joins Simpson Thacher In NY
Simpson Thacher & Bartlett LLP announced Thursday the firm added the co-head of A&O Shearman's compensation, employment and governance group as a partner based in its New York office, touting the experience she has handling transaction-related compensation and benefits matters.
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A&O Shearman Taps Governance Veteran To Co-Lead Practice
A&O Shearman said Thursday that it has tapped a longtime partner to co-head the firm's compensation, employment, pensions and governance practice, bringing it under the joint leadership of alum from each of its two legacy firms after the merger between New York-based Shearman & Sterling and London-based legacy firm Allen & Overy became official last May.
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Stradley Ronon Adds NY-Based Investment Management Trio
Stradley Ronon Stevens & Young LLP has welcomed three experienced investment management attorneys to the firm's New York office as new partners, following their recent stints at Proskauer.
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White & Case Promotes 37 New Partners In Latest Round
White & Case LLP said Thursday that it has promoted 37 lawyers to partnership in a slight dip from 2023, with women accounting for just a fifth of those who made the grade.
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How BigLaw Firms Shape Knowledge Teams In The Age Of AI
Generative artificial intelligence, change management and data strategy are among the factors affecting how BigLaw knowledge management teams are organized, according to a group of panelists who have successfully navigated different structures.
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S&P Global CLO To Expand Duties In Leadership Shakeup
S&P Global's chief legal officer will expand his legal, government affairs and security duties next month to also oversee the company's corporate compliance and risk functions as part of a new executive leadership team, S&P said Thursday.
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DLA Piper's New US Head On Adapting To Change
DLA Piper announced this week that it has promoted a corporate finance attorney and former managing partner of its Atlanta office as co-U.S. managing partner of the firm. Here, Gerry Williams talks to Law360 Pulse about his main priorities.
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Airline Owner Can't Force Cravath To Give Docs, Court Says
Cravath Swaine & Moore LLP doesn't have to turn over documents used in the prosecution of an airline owner accused in a scheme to defraud Polar Air Cargo Worldwide of millions of dollars, a New York federal judge ruled Wednesday, saying the defendant hasn't shown the firm was part of the prosecution.
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Ex-Davis Polk Atty Drops Appeal Of Bias Verdict Loss
A former Davis Polk & Wardwell LLP associate on Tuesday dropped his appeal of a jury verdict clearing the firm and two lawyers of liability in a suit alleging he was fired in retaliation for airing concerns about racial bias and diversity.
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NY State Judge Says He's Immune In Tribe's Eviction Suit
A New York state judge has urged a federal court to throw out a Cayuga Nation lawsuit accusing him of interfering with the tribe's sovereign authority as it looks to evict two tribal members from properties on reservation land, saying he is immune from the suit.
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Record Labels Seek Sanctions For Claim They Aided Combs
Music companies on Wednesday urged a Manhattan federal judge to sanction an attorney for pursuing what they called "outrageous" claims that they supported Sean "Diddy" Combs' sex- and drug-fueled "freak offs."
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Giuliani Says Ga. Poll Workers Can't Go After His Fla. Condo
Disgraced ex-lawyer Rudy Giuliani told a New York federal court Wednesday that two Georgia poll workers cannot force a sale of his Florida condominium to help cover their $148 million defamation award against him because the property is his permanent residence and thus is shielded under a "homestead" exemption.
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Bipartisan Judgeships Bill In House Keeps Gaining Support
A Republican on the House Judiciary Committee on Wednesday urged the House to pass his bipartisan bill to add 66 new and temporary judgeships to address the "overwhelming caseloads" in the federal courts.
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2023 Minority Law Grads Are Still Finding Jobs At Lower Rates
Law school graduates of color from the class of 2023 continue to find employment at lower rates than their white peers despite a red-hot job market, according to a report released Wednesday.
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This CLO Works To Impose Limits On the Inhumanity Of War
As the chief legal officer of the International Committee of the Red Cross based in Geneva, Cordula Droege leads the group's efforts to accomplish the impossible — to bring humanity into the violence and chaos of the world today.
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Skadden Hires Paul Weiss Marketing Chief
Skadden Arps Slate Meagher & Flom LLP announced Wednesday it was bringing on a new chief business development and marketing officer who has led marketing efforts at Paul Weiss Rifkind Wharton & Garrison LLP.
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Foley Hoag Wants Bulk Of Claims Axed In NY Wage Suit
Foley Hoag LLP has asked a New York federal judge to toss most of the claims in an employee's suit alleging the firm failed to pay overtime wages and engaged in various forms of retaliation and discrimination against him, arguing the complaint "is largely devoid of well-pleaded factual allegations."
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Columbia Prof Says Firm Abandoned Her During Israel Probe
A Columbia Law School professor accused plaintiffs employment firm Outten & Golden LLP of abruptly dropping her as a client amid the school's investigation into her comments on campus tensions tied to Israel's attack on Gaza, saying on X Wednesday that the firm's alleged conduct prompted her attorney to resign after nearly 24 years as a partner there.
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Lucosky Brookman Adds Saul Ewing Atty For Northeast Push
Lucosky Brookman has hired a Saul Ewing LLP partner and former prosecutor, who has nearly 15 years of experience handling microcap fraud cases, as the firm's newest white collar practice partner, expanding its footprint into New England.
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DLA Piper Says 'Sloppy' Work Cost Pregnant Associate Job
DLA Piper urged a New York federal court to throw out a former associate's lawsuit alleging that she was fired after requesting maternity leave, saying her work performance was "shockingly poor" during her one year with the firm.
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23-Year BigLaw Leader Cautions Against Chasing Money
James L. Shea Sr. spent 23 years as the managing partner and chairman of D.C.-based BigLaw firm Venable before retiring from the post in 2017. He recently spoke with Law360 Pulse about how the industry has changed over the course of his career, having had some time away from private practice to reflect before joining a small firm last year.