Business & Practice

N.Y. Litigator Berke to Lead Trump Impeachment Prosecution

Troutman Pepper’s Gallagher Eyes White Collar, Litigation Boom

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N.Y. Litigator Berke to Lead Trump Impeachment Prosecution (1)

New York litigator Barry Berke has been tapped as Democrats’ top legal adviser in the upcoming impeachment trial against President Donald Trump.

Ex-NFL Player’s Lawyers Must Split Fee for Concussion Award

A law firm that successfully appealed the amount of an award granted to retired football player Billy Ray Smith Jr. in the NFL concussion claims process must split its fee evenly with the firm that initially represented him because the appeal built on its work, the Eastern District of Pennsylvania ruled.

Boies Schiller Lawyer Arrested for Alleged Domestic Violence (1)

Boies Schiller Flexner partner Joshua Schiller was arrested on Thursday for alleged domestic violence in Ross, Calif., according to a statement provided to Bloomberg Law by the Ross Police Department.

Wells Fargo Ex-General Counsel Fined $3.5 Million in Sales Probe

Wells Fargo & Co’s former general counsel James Strother agreed to pay a $3.5 million fine to the U.S. Treasury for his role in the bank’s sales-practices scandal.

Va. Lawyer Who Pursued Litigation Without Client OK Disbarred

A Virginia lawyer found to have turned down two settlement offers on behalf of a client without telling the client about them agreed to have his license revoked.

In Case You Missed It

LendingTree Taps Ex-Axiom Lawyer Lisa Young as General Counsel

LendingTree LLC has hired former Axiom legal chief Lisa Young after the online lending marketplace lost its full-time as general counsel in 2019.

Seyfarth Drops Trump Companies as Client After Capitol Riot

Law firm Seyfarth Shaw has severed ties with President Donald Trump’s businesses in response to the public outcry over his role in stoking violent protests at the U.S. Capitol.

W.R. Grace Hires New General Counsel Amid Takeover Bid

W.R. Grace announced this week that former McCormick & Co. lawyer Cherée Johnson has been appointed the chemical company’s new senior vice president, general counsel, corporate secretary, and chief ethics and compliance officer.

Why Nine Justices? Court Packing's History and Future

Since the country’s founding, presidents and congress have sought to shape the Supreme Court in their image.

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Podcasts

Want to Diversify Big Law's Pipeline? Start With Law Schools

Saying Goodbye to 2020 at the Supreme Court

Can Big Law Get It Right for Black Lawyers?

Black Lawyers Speak: Stories of the Past, Hopes for the Future, Ep. 1

Business, Interrupted: Insurers No Help For Businesses

Big Law Business

Big Law’s Windfall Profits May Lead to Prolonged Rate Pressure

The year 2020 brought record profit growth for the AmLaw 100. Celebrate for now, but market dynamics may imperil elite law firms’ prevailing growth strategy of consistently raising billing rates.

Capital Markets Results Are In, And There Are a Lot of Winners

The year 2020 was a roller coaster for lawyers who advise on initial public offerings, debt issuances, and other financings. Now that the full results are in, we look at which Big Law firms reaped the most from the growth in capital markets work.

Litigation Funds Face New Player Disruption Risk in 2021

For a year marked by a global pandemic and a recession in the U.S., the litigation funding industry proved fairly resilient. Newly flush from their investments, those financiers will be busy putting cash to work in 2021. But they will likely compete with new participants that may “disrupt” the traditionally lawyer-led industry.

Boies Says Firing Lawyers Is the Hardest Part of Running a Firm

David Boies said in an interview that the hardest task in law has been letting go of lawyers. It’s a reminder that Big Law still puts very little investment toward training its leaders in traditional business skills.

How to Win Growth During Covid: Influence Lawyers to Bill Faster

DLA Piper is among the law firms seeing growth this year, despite the pandemic. Its story highlights an unexpected, easily overlooked strategy for law firm management: convincing lawyers to enter time and send bills out more efficiently.