Proskauer Rose has hired Christopher Robinson from Kirkland & Ellis in New York to its private funds group, building on a growing list of laterals recruited to the Big Law firm in 2020.
Market Momentum: The lateral market has slowed down overall as the coronavirus pandemic continues to affect the economy and make some firms hesitant to bring on new talent. Prosakuer has bucked that trend, hiring 11 laterals this year.
Doubling Down: “I think during this time it’s incredibly important to double down on the areas that you consistently excel at or where you are top of the market,” said Robinson.
Meghan Tribe has the story.
Hispanic Legal Chiefs Lag Behind All Groups in Fortune 1000
Hispanic lawyers continue to trail other minority groups in reaching the top of major law departments despite being the largest minority workforce in the nation.
Hogan Lovells Latest Big Law Firm to Reverse Covid Salary Cuts
Hogan Lovells will reverse the 10% salary cuts that began on June 1 for its U.S. associates, and will reinstate the deferred salary review process for its U.K. and Asia Pacific associates and business services teams.
Jones Day Couple Can Pursue Parental Leave, Other Bias Claims
Husband and wife lawyers suing Jones Day for alleged parental leave bias against new fathers and for other alleged sex bias and job retaliation can continue to pursue most of their claims, a federal judge in the District of Columbia ruled Friday.
Rocket Lawyer To Join Utah’s Legal Services Provider ‘Sandbox’
Rocket Lawyer is the first big-name legal services provider to announce that it’s taking part in a Utah pilot program aimed at broadening the state’s legal industry landscape and making services more affordable and accessible.
Business of Law
Legal Sector’s Job Gains Stall as Big Law Firms Lay Off Staff
The modest uptick in legal employment over the summer has stalled, reflecting struggles by the sector with continued pandemic fallout as some big firms this month announce layoffs.
Milbank Guides Apollo in $5.5 Billion Abu Dhabi Real Estate Deal
Milbank advised a consortium of international investors led by Apollo Global Management Inc. and its subsidiaries on a long-term lease deal that the firm said is one of the Middle East’s biggest real estate transactions.
M&T Bank’s $21 Million 401(k) Deal Earns Lawyers $7 Million
M&T Bank Corp.'s $20.9 million settlement with participants in its 401(k) plan received final approval from a federal judge in the Western District of New York, who also approved about $7 million in attorneys’ fees for the participants’ lawyers.
Fired Law Firm Employees Who Reported Overbilling Can Sue
The law firm Clark & Fox can’t force into arbitration two former employees who claim they were fired for reporting fraudulent overbilling, because the arbitration agreement they signed isn’t enforceable, a federal court in New York said.
Covid Helps ‘Winning’ U.K. Firms Distance the Rest
In today’s column, the legal arm of accounting giant Deloitte raided ALSP Elevate to hire a new legal management consulting chief, and two others, in London; as firms struggle with the pandemic’s impact on their results, they’re putting less attention on associate development and well-being; an ousted AIG in-house attorney is suing the insurer for whistle-blower retaliation; the pandemic has put thousands of recent law and medical graduates in limbo; a for-profit law school facing money woes decided it can no longer afford its naming rights to a minor league baseball stadium in Michigan.
INSIGHT: Five Ways Law Firms Can Remotely Engage Diverse Law Students
Covid-19 has required law firms to pivot to remote recruiting, and the shift means being even more intentional about recruiting ethnically diverse and LGBTQ+ law students. Jennifer Carriòn, a member of Morgan, Lewis & Bockius’ lawyer recruiting team, suggests engaging former summer associates, creating on-demand programs to reduce Zoom fatigue, and working with career services offices to host events.
INSIGHT: Maximizing Immunity Under the PREP Act for Covered Countermeasures
The PREP Act allows for immunity for covered persons relating to the manufacture, distribution, administration, or use of certain products in responding to a public health emergency. Haynes and Boone attorneys examine the scope of the PREP Act and steps covered persons should take, including properly maintaining records and documentation, to ensure immunity.
Spencer Fane added Drew O’Malley as an associate in the Litigation and Dispute Resolution practice group in Tampa | Gibson, Dunn & Crutcher grabbed Craig Varnen as a partner in Los Angeles from Irell & Manella; he will continue to focus on securities litigation and other complex litigation | Steptoe & Johnson added Michael L. Weiner as a partner in the Antitrust and Competition practice in New York from Dechert | Shearman & Sterling appointed Gary Hamp as a Leveraged Finance partner in London | Morgan Lewis has rehired Sandra Moser (after a stint at Quinn Emanuel), and Robin Nunn (from Dechert) | Thompson Hine announced that John P. Monahon has joined as a partner in its Corporate Transactions & Securities practice in Atlanta | Fox Rothschild added Leron E. Rogers as a partner and John T. Rose as an associate to the Entertainment and Sports Division in Atlanta from Lewis Brisbois.
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