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December 08, 2023 | New York Law Journal

Benefits of Leasehold Condominiums for Operators of Homeless Shelters

It would make sense for a nonprofit in New York City to understand the benefits of leasehold condominiums and the value of the 420-a Exemption. This is especially true if your nonprofit operates a homeless shelter, which, per the DOF, is a nonresidential purpose entitling your organization to robust tax relief.
6 minute read
December 05, 2023 | The American Lawyer

Over 90 Law Firms Commit to Creating More Inclusive Profession for Lawyers with Disabilities

One in five U.S. workers identifies as having a disability, but lawyers currently self-identify at a rate of 1.4%, per Diversity Lab.
3 minute read
November 28, 2023 | Litigation Daily

No Turkeys: A Pre-Thanksgiving Week Batch of Litigator of the Week Runners-Up and Shout Outs

Among the results that landed while the Lit Daily was out, Sullivan & Cromwell got a big win for Bayer on talc liabilities and Baker Botts brought home a $210 million trade secrets verdict for Computer Sciences Corp.
4 minute read
November 20, 2023 | Corporate Counsel

The 2023 WIPL Awards: Law Firm Ally of the Year

For this award, Corporate Counsel recognizes allyship in the workplace.
15 minute read
November 16, 2023 | The American Lawyer

The American Lawyer Names Attorney of the Year, Law Firm of the Year and More

The American Lawyer Industry Awards honored the industry's best and brightest across several categories that recognize both historical excellence and the evolution of the business of law.
6 minute read
November 15, 2023 | The American Lawyer

Was Nixon Peabody's Representation of Trump 'Worth a Conversation' With Other Partners?

"If you're a firm that represents Donald Trump, well, guess what? That's who you are. I don't care if it's a parking ticket," noted consultant Bruce MacEwen.
6 minute read
November 09, 2023 | The American Lawyer

'Everyone Was in the Dark': For Stroock Staff, No Communication, No Jobs

"Partners were not coming into the office much over the summer, and when they did, they didn't want to deal with questions," one former staffer said.
7 minute read
November 02, 2023 | The American Lawyer

'A Lot of Hand Wringing': Stroock Leaders Act on Backup Plans to Failed Merger Talks

After Stroock's plan A of merging with another firm fell through, their plan B of dissolving the firm and relocating a portion of the firm is playing out.
6 minute read
November 02, 2023 | The American Lawyer

Big Law Firms Call on Top Law Schools to Condemn Anti-Israel Protests, Harassment

A group of more than 200 leading law firms implored law schools to reign in "anti-Semitic activities" on campus as Israel's response to the Oct. 7 attacks draws protest worldwide.
8 minute read
November 02, 2023 | The American Lawyer

Behind Stroock's Dissolution: Partnership Discord and Pension Burdens

"They didn't do anything when 45 people left a year ago," said a Stroock lawyer about firm leadership.
8 minute read

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