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July 12, 2024 | New York Law Journal

Second Department Seeks Termination of Sua Sponte Dismissals of Complaints

While it's well settled law in all four appellate departments that "a court's power to dismiss a complaint, sua sponte, is to be used sparingly and only when extraordinary circumstances exist to warrant dismissal," trial courts continue to disregard this stentorian directive with no end in sight.
11 minute read
July 03, 2024 | The American Lawyer

Investment Story Continues, as Lathrop, Snell and Spencer Fane Bring on Laterals

While Am Law 100 firms are seeking lateral partners with large books of business, Second Hundred firms appear to be adding lawyers at a higher clip and arguably investing for the future.
4 minute read
July 02, 2024 | New York Law Journal

Condominium Board's Authority; Sua Sponte Dismissal: This Week in Scott Mollen's Realty Law Digest

Scott Mollen discusses "Mangold v. Board of Managers of Meadow Court Condominium," and "Wells Fargo Bank N.A. v. Louis."
18 minute read
July 02, 2024 | The American Lawyer

Deal Watch: As Deal Value Climbed in First Half, Skadden, Latham and Kirkland Top M&A Deal Value Rankings

The top-ranked law firms in M&A have handled bigger deals in the first half of 2024, with Skadden, Kirkland, Latham and Paul Weiss all crossing the $200 billion mark in total deal value.
11 minute read
July 02, 2024 | New York Law Journal

Lenders Blasted for 90-Day Notice (With One Saving Grace)

While lenders and servicers with New York portfolios should long have been exceptionally familiar with the requirement, such presumed awareness nonetheless seems to little diminish the constant—often fatal losses suffered.
9 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

View more book results for the query "Wells Fargo"

June 27, 2024 | Law.com

The Law Firm Disrupted: Rising Billing Rates, Rising Partner Compensation

For buyers of legal services, the two phenomena of rising billing rates and rising comp unfolding simultaneously sends the wrong impression.
4 minute read
June 27, 2024 | The American Lawyer

'Laziness' or 'Profit Maximization'? GCs' Frustration Over Law Firm Billing Transparency Boils Over

"Too often it feels like my outside counsel, especially large law firms, are insensitive or oblivious to the pressures that in-house legal departments are under," one GC said.
9 minute read
June 26, 2024 | The American Lawyer

Billing Rate Hikes 'Not Slowing Down,' With Pricing Surges Expected in 2024

About 86% of large firms in the U.S. and U.K. expect to increase billing rates over the next 12 months, according to new survey results.
6 minute read
June 26, 2024 | Corporate Counsel

'That Hurts Our Credibility': GCs' Frustration Over Lack of Law Firm Transparency Boils Over

"An hourly report that says 'analysis and advice: four hours' just doesn't cut it," said Andrew Woods, general counsel of PubMatic.
9 minute read
June 24, 2024 | Daily Report Online

Construction Slowdown Has Atlanta Firms Considering Signing Leases Years Before They Move

"Given the diminished development pipeline, law firms will face heightened competition for quality large blocks in the coming years," said a new report from commercial real estate broker JLL.
5 minute read

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