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There are numerous rankings in today’s legal industry, and the ways law firms are measured against one another are countless, with diverse metrics ranging from profits to revenue to headcount. Here, 11 firm leaders share what success looks like to them.
The first full week of May saw news of BigLaw firm group launches, lateral moves and partner promotions. Test your legal news savvy here with Law360 Pulse's weekly quiz.
"AI native" law firms are a growing phenomenon sitting at the intersection of artificial intelligence and rising tide of outside investment in the legal industry, aiming to use legal technology to automate work and overhaul the law firm business model — while doing away with the billable hour in the process.
A Silver Golub & Teitell LLP team's work to simplify a complex medical malpractice case and get a treating physician to admit she failed to diagnose a preventable precancerous condition that later progressed to advanced cervical cancer recently convinced a Connecticut jury to hand down a $49 million damages award.
Connecticut lawmakers confirmed 12 new judges to the Superior Court, including partners at Shipman & Goodwin LLP and Pullman & Comley LLC, as the 2026 legislative session wound to a close this week.
Cummings & Lockwood LLC has named one of its longtime attorneys, Margaret A. Deluca, as the new chair of the firm's private clients group, succeeding Heather J. Rhoades.
Halloran & Sage LLP has expanded its offerings in Connecticut with the addition of a veteran family law attorney from Moots Pellegrini.
President Donald Trump has asked the Second Circuit to delay enforcement of the $83.3 million verdict against him for defaming writer E. Jean Carroll while he appeals the appellate court's en banc refusal to rehear his appeal, noting that Carroll does not oppose the delay as long as he pays interest if it's upheld.
A Connecticut lawyer who pled guilty to moving $3 million in pump-and-dump stock scheme proceeds through his trust account is again seeking readmission to the state bar, about two months after a judge allowed him to work as a paralegal under the supervision of another attorney.
A law degree can lead to careers across law firms, government, business and public interest, according to the latest ABA data. See which schools stand out for placing graduates in BigLaw, federal and state clerkships, public interest roles and more.
Want to know which schools are sending the highest percentage of graduates to BigLaw? How big a slice are landing those prized clerkships in federal or state courts? Explore the ins and outs of law school graduate placement in our interactive graphic.
Where do law school graduates end up once they dive into the job market? Find out which schools came out on top for job placements in BigLaw, federal and state court clerkships, and other legal industry sectors.
Law school students continue to set their sights on law firm jobs post-graduation, with interest in BigLaw roles holding strong. Here's a look at how those preferences are playing out and which schools are sending the highest percentage of graduates directly to BigLaw.
While rate increases are the primary driver of law firm revenue, legal leaders also fear those price hikes are leading to client churn, according to a report released Wednesday by marketing technology platform Passle.
Very few federal judges have handled challenges to audiovisual evidence that litigants claim has been faked by artificial intelligence, raising questions about whether changes to the rules of evidence are actually necessary.
Knoa Pharma LLC, which replaced the bankrupt Purdue Pharma, has named as its interim CEO the former chief legal officer at the opioid-maker and a former federal attorney who worked in the White House and U.S. Department of Justice.
The percentage of women holding tech-focused C-suite positions at the largest U.S. law firms is just under 20%, though women hold parity in roles centered on innovation, a Law360 Pulse analysis found.
As the legal industry vies to take advantage of the trillions of dollars of investment on the horizon for data center development, a range of law firms have formed multidisciplinary groups that can handle various aspects of the projects, from real estate and energy to finance and regulatory work.
Akin Gump Strauss Hauer & Feld LLP leads this week's edition of Law360 Legal Lions, after a California federal jury cleared Armistice Capital and two of its executives of class action claims that it pumped and dumped $250 million in Vaxart stock during the COVID-19 pandemic and violated federal securities law with insider trading.
Insights on 2026 law firm performance and BigLaw firm efforts to expand practice offerings made this another action-packed week for the legal industry. Test your legal news savvy here with Law360 Pulse's weekly quiz.
President Donald Trump is drawing from a pool of his own personal lawyers to fill some seats on the federal bench — a change in strategy from his first term that some experts say is unremarkable, but that others worry will undermine the legitimacy of the courts.
A group of Connecticut attorneys, including a lawyer for families of the victims of the Sandy Hook Elementary School shooting, are gearing up to face off in the state’s Appellate Court as an anesthesiology group challenges its portion of a $20 million wrongful death verdict after a man died following abdominal surgery. Here, Law360 Pulse takes a look at the attorneys arguing the case.
Banco Santander SA has named its leadership team for after its pending $12.3 billion acquisition of Webster Financial Corp., with Webster's top attorney set to succeed Santander US' chief legal officer.
An active April saw several law firms around the country expand their footprints into new markets and move their teams into new spaces.
BigLaw firms had a strong first quarter of 2026, driven by ever-increasing billing rates and higher-than-expected demand for legal services, according to survey results released Wednesday.
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Biz Development Tip Of The Month: Create A Succession Plan
Conversations 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 Bio
If 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.
To ensure that lateral partners effectively integrate their books of business, firms should design a structured transition plan based on a few fundamentals, from tracking the right data to implementing meaningful incentives, says Lana Manganiello at Practice Growth Partner.
As law firms continue to wrestle with return-to-office policies, many are being pulled toward one or the other of two extremes: the rigidity of a five-day in-office schedule and the laissez-faire approach of a flexible three-day hybrid model — but a four-day in-office workweek may be the sweet spot, says Paul Manuele at PR Manuele Consulting.
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Biz Development Tip Of The Month: Prioritize Connections
One reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
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Biz Development Tip Of The Month
This year, experts shared 12 actionable strategies on building business in today's competitive legal market, from prioritizing human connections to maximizing the impact of thought leadership.
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.
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Talking Mental Health: Caring For Everyone As A Firm Leader
Reid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.