Law Firms Hang Tight in Russia, Millennials "Meh" on Bar Associations, Andrew Yang Called Out: The Morning Minute
Here's the news you need to start your day.
September 16, 2019 at 06:00 AM
3 minute read
Want to get this daily news briefing by email? Here's the sign-up.
WHAT WE'RE WATCHING
DUG IN – Even as the geopolitical environment remains unsettled in Russia, with the U.S. imposing additional sanctions in August, international law firms are finding ways to hang on in the country. Dan Packel reports that while most lawyers with work there aren't as bold as ex-Akin lawyers GumpIlya Rybalkin and Suren Gortsunyan, who launched their own practice last September, no international firms have exited Russia since Orrick left in early 2018. But it hasn't been easy.
NO THANKS – Many millennials are taking a hard pass on voluntary bar associations, as membership numbers reflect. But why? Susan DeSantis reports on the reasons for the decline in popularity among the younger generation, from "too boring" to "too expensive" to "too busy," as New York lawyers tell her.
THE 'F' WORD – As part of our Minds Over Matters project, we're exploring the issue of failure. A difficult part of life for anyone, failure can be particularly hard for high-achieving lawyer types—whether it involves losing clients, bungling cases or mishandling personal relationships. Law.com columnist Jay Harrington, a former Skadden associate and now a lawyer trainer, explores how to accept failure and learn from it.
EDITOR'S PICKS
What's Up with Andrew Yang and the Asian Stereotype?
Quinn Notches Win as Judge Tosses Trainer's Suit Against Naomi Osaka
College General Counsel Struggling With Issues of Tainted Money From Questionable Donors
Fire Victims Vow to Fight $11 Billion Settlement PG&E Reaches With Insurers
Florida Coastal Says Student Loan Problems Are Resolved
WHILE YOU WERE SLEEPING
DOWNSIZING – As Baker McKenzie continues to review its back-office functions, it has cut another six positions, following an earlier round of layoffs this summer. Rose Walker reports that a total of 97 positions were initially identified as at-risk and placed under review by the firm, with 18 people now having resigned in total as a result. In all, 21 layoffs have now been made, while another 33 positions have been scrapped, with the people in those positions moving to different roles at the firm.
WHAT YOU SAID
"We very much regret that this incident occurred and can assure the court that it will not happen again."
➤➤ 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 AllNLJ 500 Firm Seeks 20-Day Extension for Restaurant Client's Injunction Compliance
'Pay What Is Owed': State Appellate Court Affirms $19M Verdict for Software Contractor
5 minute readClass Action Accusing Dave's Killer Bread of Mislabeling Protein Contents Cleared to Continue, Judge Rules
4 minute readTrending Stories
- 1Willkie Farr & Gallagher Drives Legal Challenge for Uber Against State's Rideshare Laws
- 2False Claims Act Causation Standard Continues to Divide Federal Courts
- 3DOJ Sues Southwest Airlines
- 4EPA Nominee Zeldin Says Climate Change Is Real, Agency Shouldn't Suffocate Economy
- 5NJ Courts Have Hostile Work Environment, Ex-Employee Claims
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