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Sullivan & Cromwell LLP leads this week's edition of Law360 Legal Lions, after the Fifth Circuit vacated a pair of Biden-era regulations aimed at bolstering transparency in the short-selling market.
The number of examinees passing the multistate bar exam in July continued to gain momentum, with near record highs seen this summer over the past 12 years, according to an announcement from the National Conference of Bar Examiners.
A Florida attorney has asked a Connecticut trial court judge to pause an unjust-enrichment judgment requiring him to repay his ex-girlfriend and mother of his child over $30,000 after the court said she "unwisely" cosigned his law school loans, saying the state judgment must be stayed pending the resolution of a separate federal lawsuit between the onetime couple.
A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. Law360 reveals the list of attorneys whose commitment to legal excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the second quarter of the year.
BigLaw firms announced a slew of new hires this week as the legal industry sees August recede in the rearview mirror. Test your legal news savvy here with Law360 Pulse's weekly quiz.
A New York federal judge has ordered the new owner of international shipping company Eletson to turn over documents requested by competitor Levona as the latter company looks to vacate an allegedly fraudulent $102 million arbitral award, while also ruling that Reed Smith LLP's threat of sanctions is unfounded.
The rising use of generative artificial intelligence tools that allow attorneys to get work done faster is creating tension with the traditional model of billable hours. Here, six legal leaders give their take on whether AI will eliminate the billable hour.
California-based alternative dispute resolution service Federal Arbitration Inc., or FedArb, announced Wednesday the hiring of a former corporate vice president and chief litigation counsel at aerospace and defense conglomerate RTX Corp. as a Connecticut-based mediator and arbitrator focused on commercial matters.
Following the completion of its merger with Star Equity Holdings Inc., recruitment company Hudson Global Inc. has named a new chief legal officer, a recent U.S. Securities and Exchange Commission filing shows.
Alfred R. Casella, a veteran trusts and estates attorney at Harris Beach Murtha Cullina PLLC, was recently named the managing partner of the firm's Hartford, Connecticut, office. In an interview with Law360 Pulse, Casella discussed the office's growth, hiring trends, what practice areas are busy and the momentum the firm has seen since the January combination.
Several law firms in the Mid-Atlantic region experienced a busy month of office moves in August, with New Jersey in particular seeing a number of relocations.
Halloran & Sage LLP has added three attorneys from Farrell Geenty Sheeley & Boccalatte PC, establishing a family law practice group and new office on the Connecticut shoreline.
A longtime Connecticut intellectual property lawyer who left Ohlandt Greeley Ruggiero & Perle LLP to launch his own firm says the names of two deceased partners are worth more to a remaining attorney than an expert's proposed 2% licensing fee, arguing the names achieved "celebrity status" in the IP community.
The Association of Corporate Counsel, the largest in-house counsel advocacy association, has named the vice president and general counsel of GE Appliances as its next president and CEO, effective in November, according to a Tuesday announcement.
As a solo or small firm attorney, would you charge $3,000 per hour? Meet one attorney who does — and learn how his story of ultra-high prices could help you set your own rates.
The legal industry saw strong performance during the first six months of 2025, according to a report released Tuesday from the Wells Fargo Legal Specialty Group, with strong growth in revenue largely driven by rising billing rates.
U.S. law firms are working overtime to keep their top-billing attorneys, as growing profits and higher compensation increase lateral movement.
Amid a growing gap between the most profitable BigLaw shops and everyone else, top law firms can afford to pay a lot more to lure rainmakers and their practices.
A Florida lawyer fighting Wells Fargo, his former girlfriend, her attorney and others over a $30,000 bill for law school loans paid by his ex has failed to establish a good cause why he should be permitted to amend his complaint for the fourth time, according to a Monday filing in federal court.
Connecticut's former tax legal director was properly terminated after she used her work computer to send unauthorized draft legislation from her personal email account to a lobbyist who assumed that it was the state tax department's official position, a Connecticut appeals panel has ruled.
Some midsize, regional and boutique firms are using their lower rates to attract both clients and lateral attorneys against the backdrop of spiraling BigLaw rates, though there are definite limits to the strategy.
Lawyers who orchestrate massive transactions make up the lion's share of attorneys charging top-tier rates that have broken far away from average billing rates for law firm partners in recent years, experts say.
The new owner of international shipping company Eletson has asked a New York federal judge to vacate a $102 million arbitral award issued in a dispute with competitor Levona, saying the award is based on a "fiction" perpetuated by the company's former owners as assisted by their Reed Smith LLP counsel.
Pullman & Comely LLC said in a 2022 letter to New York-based lender Titan Capital ID LLC that it had no knowledge of any inaccuracies or issues in a $16 million loan to the development arm of a Connecticut municipal housing authority, according to exhibits recently filed in a suit over the allegedly botched transaction.
Wiley Rein LLP's work on a $3.65 billion telecommunications merger and Milberg Coleman Bryson Phillips Grossman PLLC's pursuit of privacy claims against a health and wellness app lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Aug. 8 to 22.
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 NonprofitI 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 EthicallyBusiness 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.
Amid a rapidly changing regulatory environment and a fierce market for talent, companies hoping to attract the best chief legal officers must have a strong grasp of their roles’ biggest selling points, and any roadblocks that may prevent them from recruiting the strongest choice, says Heather Fine at Major Lindsey.
As law firms increasingly use certain financial incentives to retain partners in a fierce lateral market, managing partners should consider the pros and cons of various deferred compensation schemes, says Tom Hanlon at Buchanan Law.
Many lawyers assume that becoming a rainmaker requires a significant investment of time and effort, but the truth is that building a consistent habit of business development can start with just 10 minutes of strategic outreach a day, says Paul Manuele at PR Manuele Consulting.
Certain law firm decisions — such as whether to challenge an executive order — cannot be crowdsourced, but leadership can collaboratively communicate these choices using strategies that build trust, reinforce values and preserve cohesion, says John Hellerman at Hellerman Communications.
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Biz Development Tip Of The Month: Create A Succession PlanConversations around retirement and succession can be understandably difficult, but when attorneys make a plan for the transition early and effectively, they have the opportunity to not only keep work but also increase it, says Jillian McKenna at Verrill Dana.
In recent years, top-tier law firms have pushed hourly rates to unprecedented heights, with some partners commanding $3,000 per hour — but this eye-popping number doesn’t tell the full story, as there are numerous caveats and rigorous winnowing along the way, says Christopher Seck at Squire Patton.
Law firms that successfully manage two-tiered partnership do so by creating a culture that treats everyone with respect and by establishing financial incentives outside their base compensation to reward performance, says Carol Morganstern at Major Lindsey.
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Biz Development Tip Of The Month: Leverage Your Atty BioIf maintained properly, your firm bio can help attract potential clients and create authentic connections, so it's crucial to take steps to write an updated attorney profile that goes beyond a list of credentials, says Raychel Lean at Reputation Ink.
Eran Kahana at Maslon discusses how partners can encourage responsible use of artificial intelligence tools within their firms by learning to spot pitfalls common to AI-generated work product and championing firmwide procedures and trainings that address the risks of uncritically relying on this powerful but imperfect technology.
Law firm culture is often dismissed as a soft factor — merely platitudes on a website that seem disconnected from the bottom line — but by intentionally embedding a strong culture into day-to-day operations, law firms can achieve sustainable success, says Shireen Hilal at Maior Strategic Consulting.