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McDermott Will & Schulte's confirmation that it is considering taking investment from private equity is part of a wider wave of law firms of all sizes actively exploring the novel maneuver amid mixed opinion as to whether it makes sense for BigLaw.
Sidley Austin LLP and Orrick Herrington & Sutcliffe LLP lead this week's edition of Law360 Legal Lions, after a Washington federal jury cleared Novo Nordisk of allegations that it defrauded the state's Medicaid and Medicare systems by paying kickbacks and promoting off-label use to illegally boost prescriptions of its hemophilia drug NovoSeven.
The legal industry had another busy week with more lateral hires and leadership changes, and one BigLaw firm exploring private equity investments.
A group of former federal judges on Thursday condemned what they called "inflammatory remarks" last week by Deputy U.S. Attorney General Todd Blanche detailing the U.S. Department of Justice's "war" with "rogue activist" judges.
Hurwitz Sagarin Slossberg & Knuff LLC, a firm led for years by a pair of onetime prosecutors and veteran trial lawyers, recently decided to get back to its roots and sharpen its focus on complex litigation following the departure of its land use team.
Former Cramer & Anderson LLP partner Robert L. Fisher Jr. has asked the Connecticut Supreme Court to hear an appeal of his manslaughter conviction directly instead of letting it go to the lower Connecticut Appellate Court first.
The Connecticut-based Shipman & Goodwin LLP has absorbed the bulk of the attorneys from local Boston firm Tarlow Breed Hart & Rodgers PC, creating its first Massachusetts office, with the co-heads of the new office saying that the move follows a year of discussion and that the two firms were a strong cultural fit.
A Vermont federal court correctly imposed a reduction in attorney fees in a retaliation case based on billed hours but should not have further reduced the fees based on the worker's overall success, the Second Circuit has ruled.
The attorneys chosen as Law360's 2025 MVPs have distinguished themselves from their peers by securing significant achievements in high-stakes litigation, complex global matters and record-breaking deals.
President Donald Trump Monday urged the U.S. Supreme Court to overturn writer E. Jean Carroll's $5 million sexual assault civil verdict win against him, saying the verdict resulted from "striking departures" from federal evidence rules that will repeat in other future cases unless the high court corrects them.
A Connecticut state judge has declined to dismiss a lawsuit accusing McCarter & English LLP and a now-deceased attorney of mismanaging a mall developer's estate, which the firm argued is a duplicate of another pending action, but instead paused it while the first suit proceeds to a judgment.
U.S. law firms saw an average of double-digit growth in both revenue and inventory during the first nine months of 2025, signifying they're on pace to end the year on a positive note, according to the results of a survey released Monday by Citi Global Wealth at Work.
Latham & Watkins LLP and Ogletree Deakins Nash Smoak & Stewart PC lead this week's edition of Law360 Legal Lions, after the Eighth Circuit vacated a National Labor Relations Board ruling that Home Depot illegally forced out a worker who showed support for Black Lives Matter.
BigLaw's push to restore in-person work is picking up speed as more firms require attorneys to spend four days a week in the office. While additional firms are expected to follow, experts say the pace and enforcement will vary widely depending on firm culture, leadership priorities and individual performance.
The Federal Aviation Administration on Friday cut hundreds of flights following an emergency order to slash air travel at 40 airports as the longest-running government shutdown in history drags on. Here, Law360 Pulse talks to attorneys who travel for work about how the air travel reduction is impacting them.
Billionaire Alexander Vik and his company are not entitled to collect more than $11.5 million in attorney fees after beating Deutsche Bank in a long-running lawsuit over unpaid margin calls, a Connecticut appellate panel ruled Friday.
The legal industry kicked off November with another busy week as BigLaw firms launched new office attendance policies and expanded practices. Test your legal news savvy here with Law360 Pulse's weekly quiz.
A fifth of law students have disabilities, but they feel less supported by their schools than do their nondisabled peers, according to a first-of-its-kind study from Indiana University.
MacDermid Reynolds & Glissman PC, a Connecticut-based commercial real estate boutique, has launched a new Milford office with the addition of three veteran land use attorneys from Hurwitz Sagarin Slossberg & Knuff LLC, including one of the firm's name partners.
In a published opinion, the Second Circuit on Thursday ordered a federal district judge to take a fresh look at President Donald Trump's attempt to move his New York hush money conviction to federal court, citing the U.S. Supreme Court's 2024 presidential immunity ruling as grounds for reconsidering the case.
Harris Beach Murtha Cullina PLLC has continued its growth in the Constitution State with a veteran trusts and estates attorney from Giuliano Richardson & Sfara LLC.
As consolidation pressure mounts, some Mid-Law firms have bulked up to BigLaw scale without moving away from their focus on midsized clients, with this so-called "super mid-market" tier of firms likely to keep expanding.
A five-attorney family law firm based in Stamford, Connecticut, told a state court that a contract attorney violated her employment agreement by failing to pay a fee for clients who went with her when she started a new practice at the end of her employment.
A former law firm bookkeeper accused of embezzling $835,000 from the legal practice and from its managing partner's rental business asked a Connecticut federal judge on Monday to delay a scheduled January jury trial because of a health issue that requires surgery.
The Second Circuit has rejected a bid from Reed Smith to pause a lower court ruling ordering the new owner of international shipping company Eletson Holdings to turn over documents requested by competitor Levona Holdings Ltd, finding the law firm failed to make its case to hold off on granting access to the documents.
Series
Ask A Mentor: How Do I Relay Shortcomings To Associates?
Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
Series
Ask A Mentor: How Can New Partners Generate Business?
Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
Opinion
Law Firms Stressing Work-Life Balance Are Missing The Mark
Law firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
To avoid physical and emotional exhaustion, attorneys must respect their own and their colleagues' personal and professional boundaries, but law firms must also play a role in discouraging burnout culture — especially if they are struggling with attorney retention, say attorneys at Lowenstein Sandler.
Gibson Dunn's Debra Yang shares the bumps in her journey to becoming the first female Asian American U.S. attorney, a state judge and a senior partner in BigLaw, and how other women can face their self-doubts and blaze their own trails to success amid systemic obstacles.
Law firms that are considering creating an in-house alternative legal service provider should focus not on recapturing revenue otherwise lost to outside vendors, but instead consider how a captive ALSP will better fulfill the needs of their clients and partners, say Beatrice Seravello and Brad Blickstein at Baretz & Brunelle.
Ignore what you've been told about jargon — adding insider industry terms to your firm's marketing and business development content can persuade potential clients that you have the specialized knowledge they can trust, says Wayne Pollock at Law Firm Editorial Service.
To attract future lawyers from diverse backgrounds, firms must think beyond recruiting efforts, because law students are looking for diversity, equity and inclusion initiatives that invest in employee professional development and engage with students year-round, says Lauren Jackson at Howard University School of Law.