Recession Redux for Firms? Boies' Natasha Harrison Makes a Big Move, Running a Legal Dept from Home: The Morning Minute
Here's the news you need to start your day.
March 30, 2020 at 06:00 AM
4 minute read
Want to get this daily news briefing by email? Here's the sign-up.
WHAT WE'RE WATCHING
REDUX? As much of the economy remains shut down, it's hard not to compare the situation law firms find themselves in right now with the 2008 recession. With some firms laying off staff, delaying summer programs or implementing hiring freezes, the current scenario feels all too familiar. But there are distinctions that could mean good news for a rebound down the road. Keith Wetmore, MoFo chairman from 2000 to 2012 who guided his firm through some tough years, and Bill Brandt, a restructuring and insolvency expert who's handled some of biggest law firm failures in the last 35 years, break it down on our latest Legal Speak podcast.
HELPING - A group of 34 law firms, including Kirkland & Ellis, Willkie Farr, Goodwin Procter and Covington & Burling, are joining together with the Lawyers for Good Government Foundation to help small business owners make sense of how to secure support through the federal government's COVID-19 stimulus package. At the same time, the New York State Bar Association has announced the launch of a pro bono network, inviting lawyers all over the state to help respond to a surge in legal needs related to the coronavirus pandemic and its effects on the economy.
UP CLOSE - Want to avoid looking like a dork on camera now that you're working remotely like millions of other lawyers? For starters, look at the camera, not your screen, says Jamie Moss, long-time PR pro. When you're listening, remember that your expressions are amplified since your face takes up the screen or is framed in a box. Put genuine energy and enthusiasm into your voice, and remember that lighting should come from the front. Read more here.
EDITOR'S PICKS
Boies Schiller's Natasha Harrison Has Moved to the U.S.—And It's Been Rough
David Lat Transferred Out of ICU, Taken Off Ventilator in Coronavirus Fight
Working Through a Crisis at Home: What 5 General Counsel Are Learning
For Some Law Firm Support Staff, Pandemic Brings New Uncertainty
WHILE YOU WERE SLEEPING
PAUSED – U.K. law firms Slaughter and May and Linklaters have stopped associate recruitment due to the uncertainty caused by the coronavirus pandemic, as other U.K. firms consider their recruitment strategies. Meganne Tillay and Krishnan Nair report that CMS is currently moving ahead with "some key hires" but has stopped recruitment that was in the early stages.
WHAT YOU SAID
"We literally had 18 hours to get it together. We took our clothes and toiletry—that's it."
➤➤ Sign up here to receive the Morning Minute straight to your inbox.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllLaw Firms Expand Scope of Immigration Expertise Amid Blitz of Trump Orders
6 minute readZoom Faces Intellectual Property Suit Over AI-Based Augmented Video Conferencing
3 minute readLaw Firms Mentioned
Trending Stories
- 1Uber Files RICO Suit Against Plaintiff-Side Firms Alleging Fraudulent Injury Claims
- 2The Law Firm Disrupted: Scrutinizing the Elephant More Than the Mouse
- 3Inherent Diminished Value Damages Unavailable to 3rd-Party Claimants, Court Says
- 4Pa. Defense Firm Sued by Client Over Ex-Eagles Player's $43.5M Med Mal Win
- 5Losses Mount at Morris Manning, but Departing Ex-Chair Stays Bullish About His Old Firm's Future
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250