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Reed Smith LLP has announced that profits per equity partner climbed 11.3% last year to over $2.02 million as global revenue rose to $1.58 billion.
By the time senior associates learn how to thrive at their law firms, many realize that to continue to advance in their careers, they need to start building their own books of business.
The way attorneys track billable hours has changed a lot over the last decade, and the transformation is being turbocharged by artificial intelligence tools. Law360 Pulse talks to lawyers and recruiters about best practices for timekeeping.
A former California state judge has been censured after agreeing to resign and plead guilty to a felony fraud charge related to an incident that happened before he was on the bench, according to an order released Tuesday.
Goodwin Procter LLP is already expanding its newly opened Orange County office, bringing in another Jones Day consumer protection litigator as a partner in the office located in Newport Beach, California.
The chief legal officer at Intel Corp. saw a 2025 compensation package that had increased by more than $3.6 million from the prior year and brought her into double digits, according to a Monday securities filing in which the company highlighted the law department leader's "significant" litigation victories.
Ride-hailing company Uber Technologies Inc.'s legal chief saw his compensation dip to about $10.7 million last year, compared to almost $12.7 million in 2024.
Women and people of color remained significantly underrepresented within the legal partnership ranks in 2025, according to a report released Tuesday by the National Association for Law Placement.
Skadden Arps Slate Meagher & Flom LLP announced Tuesday that it has added three partners from Mayer Brown LLP to strengthen its capacity to handle class actions, multidistrict litigation, appellate and other matters.
California Chief Justice Patricia Guerrero highlighted positive collaboration among the state's judicial, legislative and executive branches, which she called "sister branches," in this year's State of the Judiciary Address, which otherwise focused on the court system's ongoing challenges including an ongoing need to fill judgeships and concerns over federal immigration enforcement in state courthouses.
On Monday, Morgan Lewis & Bockius LLP announced that longtime firm chair Jami McKeon will be retiring at the end of the year. Law360 Pulse spoke to McKeon and David A. McManus, who will start a five-year term as chair on Oct. 1, about the upcoming leadership change.
A new legal requirement to hyperlink case law is drawing support from legal professionals as a counter to artificial intelligence-generated fake cases in court submissions, but some aren't sure that it is enough to solve the problem and worry that it will be an added burden on lawyers.
Akin Gump Strauss Hauer & Feld LLP announced Monday that it has brought on a former Munger Tolles & Olson LLP partner in Los Angeles to bolster its capacity to handle labor and employment matters.
A California judge on Monday sanctioned an attorney for the plaintiff in a bellwether trial alleging Meta Platforms and Google's social media platforms harm children's mental health, fining him $1,100 and keeping him off the plaintiffs' steering committee for violating court rules by twice filming inside the courthouse.
A San Francisco federal judge has ordered three sanctioned attorneys, including Texas intellectual property lawyer William Ramey III, together with their client, to cover $107,389 in attorney fees stemming from three identical patent suits the lawyers launched and withdrew in 2024, also ordering Ramey to show cause why he should not face further sanctions.
Morgan Lewis & Bockius LLP announced Monday that the global leader of its labor and employment practice was unanimously elected as the firm's next chair to take over for Jami McKeon, who will retire at the end of the year.
Gilead Sciences Inc. is paying its former general counsel more than $2.5 million in severance after she left the company, according to a U.S. Securities and Exchange Commission filing released Friday.
Baron & Budd PC, Walden Macht Haran & Williams LLP and Powers Pyles Sutter & Verville PC lead this week's edition of Law360 Legal Lions, after the Ninth Circuit revived a major hospital chain's False Claims Act suit accusing large pharmaceutical companies of massive overcharges in a prominent drug discount program.
The majority of California's 58 superior courts — together making up the country's largest trial court system — have decided to greenlight the use of generative artificial intelligence in their work this year, a Law360 investigation found.
Duane Morris LLP is growing its West Coast team, bringing in a Hanson Bridgett LLP transactions attorney as a partner in its San Francisco office.
Shareholders seeking more transparency about corporate political spending have filed ballot measures at 29 companies so far this proxy season, with nine companies agreeing to the disclosures without a vote and five more blocking the proposal from their ballots, according to the latest numbers on Friday from the nonprofit Center for Political Accountability in Washington, D.C.
Following the recent U.S. military operations in Venezuela and citing the rapidly changing geopolitical situation developing inside the country, Nelson Mullins Riley & Scarborough LLP has launched a practice group dedicated to advising clients in the South American nation, according to a firm announcement Friday.
During this past week in legal industry news, there were leadership transitions, new offices, and the dissolution of a combination. Test your legal news savvy here with Law360 Pulse's weekly quiz.
McGlinchey Stafford PLLC shut down earlier this year after more than five decades, but its strong culture left many of the more than 100 former firm attorneys wanting to stick together even after the New Orleans-based firm closed its doors.
The chief legal officer of real estate investment trust Prologis Inc. earned total compensation of nearly $5 million in her first year on the job, according to a March 19 securities filing.
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.
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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.
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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.
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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.
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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.
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Biz Development Tip Of The Month: Advertise Ethically
Business development in the legal industry is about building authentic connections and showcasing expertise in a way that reflects reality, and, when done right, it can elevate a practice, establish credibility and bring in clients without risking an ethics violation, says Melody Jackson at Robinhood.
Molly Ranns at the State Bar of Michigan suggests five ways to smooth a colleague's return to practice after short-term mental health leave, while creating a firm culture that protects employees’ emotional health.