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March 27, 2024

 

What's going on today?

  • U.S. court keeps Texas border security law on hold.
  • Disney and Florida settle lawsuit over special district.
  • Hunter Biden to ask judge to dismiss tax charges as politically motivated.
  • Plus, your weekly Career Tracker.
 

Lateral hiring at law firms hits lowest level since 2010, NALP report finds

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Lateral hiring by law firms fell 35% in 2023, marking the second straight year that firms brought on fewer associates and partners from competitors, according to a new National Association for Law Placement report. Law firm offices hired a median of four lateral attorneys per office in 2023, down from six in both 2022 and 2021. Read more about the report.

 

Last year’s hiring declines came after an unusually robust 2021 when the number of attorneys hired jumped nearly 111% and a war for talent drove up associate salaries.

 

More top news:

  • U.S. court keeps Texas border security law on hold in win for Biden

  • Disney, Florida settle lawsuit over special district, easing tensions in bitter fight

  • Coinbase must face U.S. securities regulator's lawsuit, judge says

  • Hunter Biden to ask judge to dismiss tax charges as politically motivated

  • U.S. judge acknowledges 'problems' after clerk alleges abusive workplace

  • NBCUniversal settles 'Back to the Future' DeLorean trademark case

  • Apple defeats consumers' crypto-payment antitrust case for now

  • Recruiter to cooperate in deal with workers suing major shipbuilders

  • Sean 'Diddy' Combs' lawyer says rapper subject to 'witch hunt'

  • Libor trader Hayes loses appeal against rate-rigging conviction
 

Career Tracker ...

California shows gains in minority lawyers, but numbers lag far behind general population

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REUTERS/Carlos Barria/File Photo

California admitted a record-high proportion of women and minority lawyers in 2023, but the state’s lawyer rolls remain significantly whiter than its adult population, according to a study by the State Bar of California.

 

Women made up 56% of newly admitted lawyers last year, while minority attorneys were 55%, the report found. That’s up from 53% and 50% in 2019, when the state bar began issuing an annual demographics report.

 

California’s racial gap is especially pronounced among Latinos, who make up 37% of the state’s population but only 6% of all its licensed attorneys. Read more.

 

More from the legal industry … 

 

U.S. commercial litigation funders committed about 14% less capital to new deals in 2023 … A U.S. judge has awarded the National Abortion Federation nearly $700,000 more in legal fees over secretly recorded videos … Three federal judges in Illinois rescinded diversity policies after conservatives complained … Orrick, Herrington & Sutcliffe will consolidate its Chinese operations after the lease on its Shanghai office expires in July … A Rodney King lawyer was charged with tax evasion in Los Angeles … An executive in a NYC school lunch scandal was sued by law firm Akerman for $2.8 million … A Berkeley Law study found a significant gender gap in the adoption of AI tools … A group of 10 lawyers from Constantine Cannon said they have left to launch their own firm to pursue whistleblower cases … An ex-partner at Lewis Brisbois Bisgaard & Smith sued the law firm for alleged racial discrimination … Eleven attorneys at major LGBTQ+ rights groups and law firms face potential sanctions over Alabama "judge shopping" … A North Carolina nonprofit this week shifted its sights in a lawsuit challenging legal practice rules in the state.

 

Moves:

 

In Washington, D.C. …
James Kim joined Polsinelli as a partner in the firm’s government contracts practice from Arnold & Porter … Paul Hastings hired partner Jonathan Hamilton as global co-chair of its international arbitration practice from White & Case … Kalidou Gadio joined DLA Piper as co-chair of its U.S.-Africa practice from Curtis.

 

In New York …
Bryan Cave Leighton Paisner added Valerie Paverd as a partner in the technology and commercial practice from Nelson Mullins.

 

In Los Angeles …
Venable hired commercial litigator Caitlin Blanche from K&L Gates … Frost Brown Todd added Anne Wang and Lauren Schneider as IP partners from Lewis Roca. 

 

In Orange County, CA …
K&L Gates added corporate partners Mattias Luukkonen from Reed Smith and San Francisco-based Michael Gorback from Hanson Bridgett.

 

In New Jersey …
McCarter & English hired Khaled Klele as a healthcare partner from Riker Danzig.

 

In Philadelphia …
DLA Piper added Jennifer Wnek, who represents energy and transportation clients, from Allen & Overy.

 

In Chicago …
Blank Rome added corporate group litigation partners Daniel Saeedi and Rachel Schaller from Taft Stettinius & Hollister … Sean Wagner joined Much Shelist as a partner in the construction practice from Wilson Elser.

 

In Seattle …
K&L Gates added Christine Jochim as a partner in the firm’s environment, land and natural resources practice.

 

In Baltimore …
Cole Schotz added Gregory Arbogast as a litigation partner from Gebhardt & Smith.

 

In Denver …
Foley Hoag brought on labor and employment partner Patrick Scully from Sherman & Howard. 

 

In St. Louis …
Armstrong Teasdale added Donald McBride as a securities partner from Greensfelder Hemker & Gale.

 

In Minneapolis …
Husch Blackwell brought on a five-attorney litigation team from Lewis Brisbois.

 

In Houston …
Greenberg Traurig added Nicholas Diamond from Jackson Walker, where he founded and led the FDA practice.

 

In London …
Katten hired financial markets and funds partners Thomas Laurer and Ryan Hansen, and transactional tax planning partner Daniel Lewin. The trio arrives from Curtis, where they co-led the investment management practice … Reed Smith tapped Tallat Hussain as a partner for its energy and natural resources group from White & Case … Seyfarth Shaw brought on Matthew Banham as a litigation partner for its white-collar and investigations practice … Simpson Thacher hired Paul Hibbert and Emma Serginson as partners from Weil.

 

In Brussels …
Crowell hired Edward Taelman as an IP litigation partner from Allen & Overy.

 

Got moves news? Email us.

 

U.S. Chamber asks appeals court to bar new regulation capping credit card late fees

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The U.S. Chamber of Commerce, facing the prospect that a federal trial judge in Fort Worth, Texas, may transfer its lawsuit challenging a new Biden administration rule capping the late fees charged by giant credit card issuers, has turned to the 5th Circuit for help. Alison Frankel has the latest on this hot venue fight, including an explanation of why the Chamber and its fellow plaintiffs are so determined to litigate their case in Texas.

 

Check out other recent pieces from our columnists: Alison Frankel and Jenna Greene

 

In other news ...

U.S. officials board the ship that hit a Baltimore bridge as divers search for bodies. Insurers are bracing for multi-billion dollar losses after the tragedy … More handshakes, but fewer rallies as the Biden 2024 campaign takes shape … Israeli strikes on Rafah raise fear ground assault could begin … Russian guided bombs hit the Ukrainian city of Kharkiv … Amid blackouts and scarce food, Cuba protests rattle the “cradle” of the Revolution … AccuWeather forecasts near-record storms this Atlantic hurricane season … U.S. artist Richard Serra, known for enormous steel sculptures, died at age 85 … Manatee cow finds a new home, but pressure to breed, in a French zoo … A twisted magnetic field was observed around the Milky Way's central black hole … And scientists chronicle the earliest stages of a supernova.

 

Contact

 

Caitlin Tremblay

caitlin.tremblay@thomsonreuters.com

@ctrembz

 

 

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