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Increased billing rates and strong demand helped drive another financially successful year for the U.S. legal industry in 2025, according to survey results released Wednesday.
Smith Currie Oles LLP announced a new managing partner this week, with a Seattle-based partner who joined as part of a 2023 merger stepping into the role.
A record 59 law firm combinations were completed in 2025, 21 of which involved the largest 200 firms by revenue, according to statistics released by SurePoint Legal Insights, formerly Leopard Solutions, on Tuesday.
The transition from steady pay as an associate to dealing with the financial nuances of being an equity partner calls for great diligence in how young attorneys manage their finances.
January is National Mentoring Month. Law360 heard from attorneys who are in Gibson Dunn & Crutcher LLP’s firmwide mentorship program about its top benefits.
The U.S. Securities and Exchange Commission has reversed course on allowing shareholders with less than $5 million in holdings to publicize information about their proxy ballot proposals through the agency, saying it will object to such voluntary submissions going forward.
Kelley Drye & Warren LLP said Monday it is boosting its privacy and information security practice with the addition of a former 23andMe attorney in California and a former Facebook attorney in Texas.
Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.
Owners of a home where Marilyn Monroe died sued Los Angeles officials for the second time Friday, alleging in California federal court that designating the property a historic cultural monument prevented them from demolishing the decaying building they still must pay taxes on, which amounts to an unconstitutional government taking without just compensation.
Chicago-based law firm Vedder Price PC will now go by the name Vedder and has debuted a new website in an effort to better serve clients and employees.
Both the managing partner and chair of Fox Rothschild LLP will start new terms in those positions in the spring, when a firm co-chair will join the leadership team to prepare for a possible transition to serving the role independently.
Willkie Farr & Gallagher LLP has added a partner from Sidley Austin LLP to strengthen its capacity to advise private equity funds, asset managers and other clients about corporate transactions.
O'Melveny & Myers LLP announced Monday that it added a corporate dealmaker to its Newport Beach, California, office from the Los Angeles office of Proskauer Rose LLP.
A former California judge said a count of a federal indictment accusing him of sexual assault should be tossed since the alleged victim viewed him as a friend.
About four-fifths of law school summer associate recruiting in 2025 happened through employer-sponsored channels, as opposed to more traditional law school-sponsored channels, with recruiting also happening increasingly early, according to research unveiled Monday by the National Association for Law Placement.
With the rapid adoption of artificial intelligence, a striking shift is occurring in how corporations handle data privacy and governance as some 90% of organizations say they have expanded their privacy programs, according to a new study from tech giant Cisco Systems Inc.
Management-side labor and employment firm Ogletree Deakins Nash Smoak & Stewart PC has elected one of its San Francisco shareholders as one of the firm's two managing directors and selected another two to join its board of directors.
Dechert LLP announced Friday it is bringing aboard 20 partners from McDermott Will & Schulte spanning litigation, intellectual property and other practice areas in six cities across the country, including for upcoming firm offices in Chicago and Dallas.
Qualcomm Inc.'s general counsel saw her compensation jump to roughly $9 million for fiscal year 2025, up from just under $7 million the year prior, mostly due to a spike in stock awards, according to a public filing.
As baby boomers get older and develop more intense healthcare needs, attorneys in the prime of their careers are increasingly pressed to also provide care to their elderly parents.
Williams & Connolly LLP leads this week's edition of Law360 Legal Lions, after the U.S. Supreme Court held in a unanimous opinion that restitution is a criminal punishment subject to the Constitution's ban on increasing punishment retroactively.
The Walt Disney Co.'s top attorney saw his compensation package rise yet again in 2025, nearing almost $16.3 million.
This was another action-packed week for the legal industry as law firms launched new practices, hired attorneys and reported record-breaking lobbying figures. Test your legal news savvy here with Law360 Pulse's weekly quiz.
With experiences as both a patent engineer and a lawyer, Kilpatrick's new San Francisco leader, Neslihan "Nesli" Doran-Civan, is thrilled to bridge the gap between both backgrounds in her work at the firm.
The American Bar Association said attorneys have a limited responsibility to convey information to former clients or successor counsel that was not within the client's file, when doing so is necessary to protect a client's interests and reasonably practicable, according to a new ethics opinion.
As in-house legal departments are increasingly expected to do more with less, developing a thoughtful framework to measure key performance indicators can help them both maximize and demonstrate their contribution to business success, say co-founders at New Era ADR.
Series
Defining The Culture For A Legal Nonprofit
We co-founded The International Academy of Financial Crime Litigators to connect leading trial lawyers, litigation experts and academics, and our experience has shown that embracing opportunity, responding fearlessly to market realities, and relentlessly defining the organization’s culture have all been integral to success, say Stéphane Bonifassi, Lincoln Caylor and Elizabeth Ortega.
A few key trends have arisen in partners’ lateral movements in the first half of 2025, reflecting a legal market defined by macroeconomic uncertainty, shifts in firm structures and rising scrutiny of firm affiliations, say legal recruiters at Macrae.
Series
Biz Development Tip Of The Month: Be A Mentor Or Mentee
Mentorship is a powerful tool for business development when both mentors and mentees approach their relationships with strategic purpose, ensuring professional success while supporting broader business goals, say Angela Liu at Dechert and Jessica Lewis at WilmerHale.
Junior attorneys are increasingly expected to start building books of business while they are still figuring out their long-term career goals, but a few pointers can help young lawyers develop business even when they’re uncertain about their future direction, says Lana Manganiello at Practice Growth Partner.
As cyberattacks on law firms continue to escalate, bar associations, law firms and individual lawyers must all take steps to protect client funds in attorney trust accounts — from imposing cyber hygiene mandates to reimagining malpractice coverage — because once that money is gone, it’s generally gone for good, says Michael Epstein at The Epstein Law Firm.
Pricing strategy is one of the most consistently discussed but underleveraged tools in a firm's arsenal, and rather than keeping hourly billing because it's easy, firms should consider their differentiators when structuring more effective fee models, says Shireen Hilal at Maior Consultants.
Series
Achieving Organic Growth For A Legal Nonprofit
We started Law Rocks to promote music education for underprivileged youth and raise funds for local nonprofits, and our 15-year journey has shown that enthusiasm, persistence and a great network can lead to a surprising amount of organic growth, say Nick Child and Ted Scott at Secretariat.
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Biz Development Tip Of The Month: Engage With The Media
Business development is all about awareness — and by taking existing skills and adapting them to build media relationships and thereby address today's audiences, lawyers can expand their outreach and use thought leadership to build a more complete, compelling personal brand, says Michael Goodwin at Stanton PR.
When seeking outside legal advisers, general counsel want commercially savvy lawyers who cultivate relationships of trust with their in-house counterparts, back up the GC's authority and focus on actionable advice instead of abstract legal analysis, say Andrew Dick at The L Suite and Rob Morvillo at Olo.
Roundup
Nonprofit Launch Tips From Founders In The Legal Industry
In this season of giving, take a look back at this Law360 series featuring legal professionals who have founded industry-related nonprofits. They discussed the biggest challenges to getting started, and how to balance the launch and management of an organization along with the demands of their primary work.
Series
Generating Confidence In A Legal Nonprofit
I started LawWithoutWalls to change the way legal professionals see and think about their world, and it taught me the importance of giving people a reason to believe in your nonprofit mission, as well as how to achieve work-life integration, says Michele DeStefano at the University of Miami.
Nonequity partners report the lowest satisfaction, highest stress and poorest financial outlook of any group of lawyers, highlighting a growing structural disconnect that leaves attorneys at many firms feeling like the ladder has been pulled up behind those who already ascended, says Jake Carroll at Nelson Mullins.
Series
Building Brand Awareness For A Legal Nonprofit
I co-founded the Bridging the Gap Scholarship as a way to increase minority representation in BigLaw, and my advice for other legal professionals starting a nonprofit is to focus on building brand awareness early on, and to get comfortable delegating work to a dedicated team, says Imani Maatuka at Sidley.
Understanding where colleagues in other practice areas shine can help attorneys confidently cross-sell each other's services and bring in business to keep the firm afloat in hard times, says Joe Calve at Calve Communications.