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Senior-level lawyers are leaving the corporate world to establish firms where they're strategic partners and trusted advisers to growth-stage companies. These fractional general counsel argue that their business model will grow in popularity amid artificial intelligence expansion that's changing legal services.
Burford Capital said it is entitled to $1.4 billion of last week's historic $5.7 billion patent infringement jury verdict against Apple, but the litigation funder cautioned Monday that the massive payday could still evaporate on appeal.
O'Melveny & Myers LLP has spent more than a century evolving alongside California, giving the 141-year-old law firm the depth of resources and experience needed to tackle high-stakes matters this past year, from helping Johnson & Johnson shed $950 million in punitive damages to guiding AI assistant platform Moveworks through a $2.85 billion acquisition.
Cahill Gordon & Reindel LLP is giving out bonuses that range from $6,000 for the class of 2025 to $25,000 for the class of 2018.
Fresh off its antitrust trial loss, Live Nation Entertainment Inc. said it will replace its executive vice president and general counsel of 20 years on Nov. 1 but keep him on staff in other capacities for another three years. He will be replaced by Da-Wai Hu, the general counsel of Chewy Inc.
A recent California Supreme Court ruling could help low-income litigants overcome a court reporter shortage that has left millions of hearings without an official record, undermining their chances of successfully appealing court decisions. For domestic violence survivors, advocates say, that record can mean the difference between challenging a potentially dangerous court order and having no viable path to appeal.
The U.S. legal education system could soon be plunged into disarray, after politics seemed to overshadow substance during an unusual hearing this week on whether to revoke an American Bar Association council's federal status as the primary accreditor of law schools, experts told Law360 Pulse.
O'Melveny & Myers LLP and Reed Smith LLP lead this week's edition of Law360 Legal Lions, after the Ninth Circuit overturned a $140 million class verdict against CenturyLink, holding that the company had a reasonable interpretation of the Fair Credit Reporting Act.
An increasingly competitive marketplace for legal talent and attorneys moving their platforms frequently, recruiters say firms seem to be taking a more active role in monitoring their roster, relying more increasingly on digital monitoring to try and detect whether any of their attorneys are thinking about a possible lateral move.
Munger Tolles, over the past year, took on the Trump administration in multiple high-profile battles involving Susman Godfrey and the New York attorney general, and defended the University of California in litigation following student protests over the war in Gaza, making the firm one of the Law360 2026 Regional Powerhouses in California.
The Supreme Court of California has appointed a new presiding judge for the State Bar Court, selecting a jurist with experience reviewing high-profile attorney ethics matters like the disbarment of President Donald Trump's former attorney John Eastman.
Duane Morris LLP has agreed to private mediation to settle a proposed class action by an employee who alleged that the firm failed to withhold taxes for workers who were misclassified as partners, according to a notice.
BigLaw firms are turning over a new leaf and marking a busy start to autumn with a flurry of lateral moves this week. Test your legal news savvy here with Law360 Pulse's weekly quiz.
The top federal prosecutor in the Central District of California has asked a district judge to delay following a Ninth Circuit ruling against his Nevada counterpart that would bar him from overseeing criminal cases until the U.S. Supreme Court weighs in.
In a rare move, Massumi & Consoli LLP announced on Thursday that it is taking private equity investment through a newly launched managed services organization.
Several law firms grew their geographic footprints in September, with Saul Ewing LLP expanding into Atlanta, Morgan & Morgan PA entering the Chicago market, and Maron Marvel Bradley Anderson & Tardy LLC opening a second New York location on Long Island.
Morrison Foerster LLP planted roots in California not long after the state joined the Union, and it has continued to cultivate its reputation as an innovative adviser through this past year, leading SoftBank's historic $122 billion OpenAI financing and guiding Sumitomo Forestry Co.'s $4.5 billion acquisition of Tri Pointe Homes.
Wilson Sonsini Goodrich & Rosati PC announced Thursday that it hired Baker Botts LLP's chief client officer for the same role.
Labor and employment law firm Ogletree Deakins Nash Smoak & Stewart PC has tapped Cooley LLP's deputy general counsel to serve as its legal leader, the firm announced Thursday.
A key U.S. Department of Education committee on Thursday declined to weigh in on whether an American Bar Association council should remain a federally recognized accreditor of law schools, a day after the panel deadlocked on different proposals over the hot-button issue.
Alston & Bird LLP has added two commercial litigators in California previously with Loeb & Loeb LLP who specialize in business disputes, the firm announced Thursday.
Big companies will increase their litigation budgets yet again next year, as navigating legal risk is now an essential element of achieving strategic business goals, according to a new report.
A key U.S. Department of Education committee deadlocked Wednesday over whether the American Bar Association council responsible for approving law schools should continue as a federally recognized accreditor, tabling the issue until Thursday after different proposals failed to win majority support.
Offit Kurman Attorneys At Law has selected its president to succeed the only chairman in the firm's nearly four-decade history, turning to a 22-year firm veteran who helped start its litigation department, the firm announced on Wednesday.
BigLaw firms are jockeying to build out "hybrid capital" practices as their private equity and private credit clients flock to the newly in-demand investment strategy to navigate economic and geopolitical uncertainty.
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.
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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.
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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.
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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.