Lawyers spend about 30 percent of their day on billable hours, according to a surprising new report from practice management software Clio, with most of the rest of the day eaten up by billing, administrative tasks and looking for new clients.
In-house legal departments are continuing to snag young, talented attorneys from BigLaw firms in spite of a pay gap accentuated by a recent spate of associate raises, with nonmonetary perks luring associates away from law firms and into corporations. Here, three nonmonetary perks that lure associates away from law firms and into corporations.
Gaining prestige may be one of the more challenging tasks that law firms take on, but there are a number of tactics firms can use that hold the potential to transform their image from ordinary to elite. Here, experts highlight four ways law firms can pump up their prestige.
Classes on blockchain and artificial intelligence. Crash courses in business and financial markets. These are a few ways law schools are preparing students for a job market that is struggling in the wake of the recession.
Litigation funding behemoth Burford Capital on Wednesday said it will put its money where its mouth is on the issue of promoting gender parity in BigLaw, with an initiative known as The Equity Project, which has a $50 million pool exclusively for financing litigations led by female lawyers or female-owned law firms.
Labaton Sucharow LLP has apologized and will pay $4.8 million and accept oversight by a retired judge to resolve a Massachusetts federal court’s investigation into the firm's excess fees and a controversial payment to a Texas lawyer, according to Wednesday court filings.
Ellisen Turner was named managing partner of Los Angeles-based midsize firm Irell & Manella LLP in September 2017. The law firm represents clients in major, high-stakes litigation and recently won the reversal of a $2.5 billion verdict that had gone against client Gilead Sciences. The firm also guides corporations in multibillion-dollar mergers and acquisitions.
The number of female equity partners at top law firms has barely budged in more than a decade, with few signs of women making significant inroads into the upper tiers of management or earning as much as men, according to a report from the National Association of Women Lawyers.
A closely divided high court is more likely to hand down decisions that were determined on ideological grounds and were intended to reshape the law, rather than relying on legal precedent, new research shows.
The world of legal technology is quickly evolving, with new products coming to market in rapid succession. Here, Law360 takes a look at five recent developments.
After disciplining a judge for allegedly sexually harassing a prosecutor, Chicago's court system this month is set to hold its first-ever training on sexual harassment for all of its nearly 400 judges, part of a growing trend in state courts as they grapple with #MeToo.
Minneapolis-based Dorsey & Whitney LLP on Tuesday named Bill Stoeri, a trial lawyer who has worked at the law firm for more than 30 years, as its new managing partner starting next year.
Justice Brett Kavanaugh got off to a quick start at the U.S. Supreme Court following a rocky confirmation battle over sexual misconduct claims that divided the nation, asking numerous questions Tuesday at his first pair of oral arguments just days after he was sworn in as President Donald Trump’s second appointee to the high court.
The former head of legal for Bayer U.S. has been appointed general counsel of Adidas AG, the Germany-based sportswear manufacturer said Tuesday.
The law reviews at Harvard Law School and the New York University School of Law discriminate against white men when selecting their members and which articles they will publish, according to a pair of suits filed in Massachusetts and New York federal courts.
General counsel of the Americas for Barilla Group, Talita Erickson, recently spoke to Law360 about what she looks for in outside counsel, what she thinks about the billable hour, and the recent regulations that have had the most impact on her business.
D.C. Circuit Judge Brett Kavanaugh was confirmed to the U.S. Supreme Court on Saturday, following a bitter, three-month nomination fight. Here, Law360 takes a look his road to confirmation.
The Senate confirmed D.C. Circuit Judge Brett Kavanaugh to the U.S. Supreme Court by a two-vote margin Saturday, following a bruising nomination battle for President Donald Trump’s controversial choice to replace retired Justice Anthony Kennedy.
For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.
When Judge Brett Kavanaugh angrily told senators that sexual assault allegations against him were a “political hit” by Democrats sore about the 2016 election and seeking “revenge on behalf of the Clintons,” he waded into the murky waters of politics unlike any U.S. Supreme Court nominee in modern history, experts say.
Authorities on Friday formally charged a disbarred South Carolina lawyer with killing a police officer and wounding six other law officers during a shooting two days earlier, Richland County officials said.
The American Bar Association on Friday sent a letter to the leaders of the Senate Judiciary Committee saying it has reopened its evaluation of the fitness of Judge Brett Kavanaugh for the U.S. Supreme Court in light of his temperament during a hearing last week.
A study underway in California about whether to make lawyer malpractice insurance compulsory across the nation's largest attorney population has some Golden State experts scratching their heads over whether such a plan is feasible — or even needed.
The U.S. Supreme Court's fall term has officially kicked off and former acting U.S. Solicitor General and the current head of Jenner & Block LLP's appellate practice Ian Gershengorn joins Law360's Pro Say podcast this week to break it all down — from the most important cases, to the petitions the court could grant, and how this term might differ from last year's whirlwind.
The law firms on Law360’s 2018 Regional Powerhouse list are handling some of the biggest deals and most high-profile courtroom battles across eight states, offering clients regional expertise and making a lasting impact on the law at the state and local level.
The 2018 Law360 Diversity Snapshot shows only incremental progress on racial and ethnic diversity in the attorney workforce. At every level of a typical law firm, minority attorney representation increased by less than a percentage point from last year’s survey.
Women have made up over 40 percent of law school students for more than three decades, and they now make up more than half. But our annual survey of the largest U.S. law firms shows that women continue to be underrepresented at all levels.
In Sheppard Mullin v. J-M Manufacturing Co., the California Supreme Court ruled last month that a law firm's failure to disclose a known conflict with another current client did not categorically disentitle the firm from recovering fees. But the court didn’t provide hoped-for guidance on how to write an enforceable advance conflict waiver, says Richard Rosensweig of Goulston & Storrs PC.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Melanie Green, chief client development officer at Faegre Baker Daniels LLP.
Tom Mesereau may be recently recognizable as one of the attorneys who defended Bill Cosby, but his biggest claim to fame is successfully defending Michael Jackson in 2005. On the eve of what would have been the King of Pop’s 60th birthday, Randy Maniloff, of White and Williams LLP, spoke to Mesereau about his unconventional path to a remarkable career.
In this new series featuring law school luminaries, Widener University Delaware Law School dean Rodney Smolla discusses teaching philosophies, his interest in First Amendment law, and arguing before the U.S. Supreme Court in Virginia v. Black.
While it is commendable that the American Bar Association is liberalizing the rules on distance learning, it should go even further and leave it to the schools themselves to decide how much online learning to offer, says Martin Pritikin, dean of Concord Law School at Purdue University Global.
A few weeks ago, the IRS proposed regulations related to the Tax Cuts and Jobs Act's 20 percent deduction on qualified business income for pass-through entities. The guidance offers long-awaited clarity, but is mostly bad news for many law firms, says Evan Morgan of Kaufman Rossin PA.
In this time of partisan conflict over judicial selection, a new book by Canadian jurist Robert J. Sharpe — "Good Judgment" — represents a refreshing, deeply thoughtful departure from binary arguments about how and why judges make decisions, says U.S. District Judge Jeremy Fogel, director of the Federal Judicial Center.
E-discovery is not easy, but employing these 10 strategies may help minimize future headaches, say Debbie Reynolds and Daryl Gardner of EimerStahl Discovery Solutions LLC.
A well-drafted partnership agreement protects a law firm's founders, establishes a process for new and outgoing partners, and sets forth guidelines for navigating conflict along the way. Startup firms can begin with something less complex, but there are important elements that every agreement should include, says Russell Shinsky of Anchin Block & Anchin LLP.
Forget about cameras, reporters in the Manafort trial were not even permitted in the courtroom with their phones, tablets or computers. That meant no live reporting on Twitter and no emails to the newsrooms with updates. In a world focused on information and news as it happens, this is unacceptable, says trial attorney David Oscar Markus.