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Wake Up Call: U.S. Firms’ London Junior Lawyers Cite Long Days

Oct. 27, 2021, 12:36 PM

In today’s column, Jenner & Block was hired by producers to investigate Alec Baldwin’s fatal shooting of a cinematographer on a movie set in New Mexico; bringing young lawyers into leadership earlier might help law firms deal with management burnout and talent drain, some observers said; a Miami-based bank started a group focused on lending to law firms.

  • Leading off, junior lawyers working in London offices of some U.S. Big Law firms work far longer hours than their counterparts at U.K. elite firms, and working remote during the pandemic has added to the day, according to a report. The report, based on a survey of 2,500 trainees and junior associates, said that for the third year, junior lawyers at Kirkland & Ellis reported working the longest hours, with an average 9:14 am start time and finish time at 11:28 pm. (Legal Cheek)
  • The producers of the film “Rust” hired Jenner & Block to independently interview the film’s cast and crew about the accidental on-set shooting of cinematographer Halyna Hutchins by Alec Baldwin last week. (CNBC) (Deadline)
  • Finding new and faster ways to elevate young lawyers to share the leadership load could help law firms ease attorney attrition and management burnout, a report says. (American Lawyer)

Lawyers, Law Firms

  • Miami-based City National Bank of Florida started a law firm banking group. The group aims to help firms and attorneys find financing for such projects as law firm mergers, office openings, and individual purchases. (Daily Business Review) Three U.S. banks agreed to pay $66.7 million to settle consumer antitrust allegations of collusion to set ATM charges, plaintiffs lawyers in the case said. (Reuters)
  • Many LGBTQ+ lawyers say they are still wary of talking about their personal lives at work. (Corporate Counsel)
  • An alternate juror commented about last month’s talc powder trial in Saint Louis that produced a third-straight defense win for Johnson & Johnson. Among other things, she wondered why lawyers didn’t dismiss a juror who snored off and on throughout the trial. (Law.com)

Laterals, Moves, In-house

  • Schulte Roth & Zabel grabbedPillsbury corporate partner Mike Flynn as a partner in New York. He advises venture and growth equity investors across the fintech, energy tech, life sciences, telecommunications, software, consumer and general IT sectors; WilmerHale added Cadwalader transactions lawyer Andrew Alin as a partner in New York in its corporate practice. He advises on M&A and private equity deals; Michael Best picked up three corporate lawyers for its Venture Best team from McDonald Hopkins LLC. Partner Jordan Koss and associate Ashley Cross joined in Chicago, while senior associate Kenneth Rosenzweig joined in Denver. Koss and Rosenzweig were both previously at Kirkland & Ellis. (MichaelBest.com)
  • Paul Hastings brought in financial services litigator Allyson Baker, a former Consumer Financial Protection Bureau enforcement attorney, to lead its CFPB practice in Washington. She arrives recently from Venable, where she was a partner; Miller & Chevalier recruited former Justice Department tax division trial attorney Joseph Rillotta in Washington as a member in its litigation department. Rillota, who also served as an IRS counselor, was recently a partner at Faegre Drinker; Blank Rome added matrimonial and family law attorney Holly Kimmel in Fort Lauderdale as of counsel. She’s a Big Law veteran, arriving from Aronsohn Weiner Salerno and Kaufman. (BlankRome.com)
  • Fox News Media hired Kirkland & Ellis partner Steve Potenza as deputy general counsel in New York. At Kirkland, he was a litigator in the government, regulatory and internal investigation groups; online currency-trading service OANDA named financial services lawyer Lisa Shemie its new general counsel and corporate secretary. She arrives from Cboe Global Markets, where she was associate general counsel and chief legal officer for two units. She was earlier an in-house leader at JP Morgan Chase and associate at Holland & Knight. (PRNewswire) St. Louis-Mo.-based legal tech company Lexicon hired veteran litigator and law firm partner Dan Cuneo as its new CEO. (St. Louis Business Journal)

Technology

  • Cloud-based legal tech company Clio launched Clio Payments, an online payments platform for law firms. (PR Newswire)

To contact the correspondent on this story: Rick Mitchell in Paris at rMitchell@correspondent.bloomberglaw.com

To contact the editors responsible for this story: Chris Opfer in New York at copfer@bloomberglaw.com; Darren Bowman at dbowman@bloomberglaw.com

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