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Pillsbury Winthrop Shaw Pittman LLP on Wednesday urged the Second Circuit to allow it to keep a $4 million advance payment retainer from the since-convicted former CEO of a bankrupt cybersecurity company, but the law firm conceded it should have clarified its rights after the government sought an asset freeze.
Fried Frank Harris Shriver & Jacobson, McDermott Will & Schulte LLP and Dechert LLP are among the law firms following the lead of Cravath Swaine & Moore LLP on year-end associate bonuses this week, with at least five large firms matching the market leader within a day of Cravath's Tuesday announcement.
Law360 Pulse went beyond the numbers to examine how industry, law firm experience and education shape the pay of top-earning S&P 500 general counsel. Here's what we found.
While the pay packages for most legal leaders in the corporate space remains strong — especially because of hefty stock awards and bonuses — there are large gaps in compensation even among the top 10 earners in the U.S.
Find out which S&P 500 general counsel earns the most and how pay differs across industries. Explore every detail in our interactive compensation graphic.
The number of lateral moves for associates, counsel and partners seeking greener pastures is outpacing last year, which is both good and bad news for legal employers, according to law firm leaders and search firms.
A New York federal judge on Tuesday rejected Reed Smith LLP's latest effort to intervene on behalf of the purported former owners of international shipping company Eletson Holdings in Eletson's $102 million breach-of-contract litigation with rival Levona, saying the firm can't represent the holding company post-bankruptcy "by repeated incantation."
Multiple firms swiftly fell in line Tuesday evening just hours after Cravath Swaine & Moore LLP announced associate bonuses in line with those offered last year, continuing a long tradition of BigLaw firms following Cravath's lead on compensation.
Eighty-three percent of U.S. and Canadian associates receive a yearly annual review, but there is room for improvement in how law firms evaluate their attorneys' performance, according to a new study.
In an order that noted an attorney's remorse, a Connecticut federal judge sanctioned a solo practitioner $500 this week for submitting a brief packed with false, AI-generated case citations, finding the fake authorities wasted court resources, risked misleading a pro se litigant and undermined trust in the judicial system.
The primary factor determining whether a law firm associate receives a year-end bonus is not individual performance, firm performance, or firm citizenship. Instead, it is the number of billable hours they've logged, according to the results of a new survey from Law360 Pulse.
The nonequity partner tier is expanding across law firms, but compensation within this group varies widely, ranging from associate-level pay to earnings on par with equity partners. A deciding factor in where they fall on the scale, experts say, is often who brings in the clients.
Most lawyers say they’re satisfied with their compensation— but at firms that are open about pay, satisfaction nearly doubles. Explore our latest analysis of law firm compensation practices and what drives top talent.
Increasing demand and especially rising billing rates have made for a strong first nine months of 2025 for the legal industry, according to a report released Monday by Wells Fargo's Legal Specialty Group, with the top 50 firms by revenue seeing the best performance.
With a February trial date looming, Gibson Dunn & Crutcher LLP has asked a Connecticut state judge's permission to stop representing the former president of a company behind the popular "Josh Cellars" wine brand, claiming unpaid legal bills and an alleged breakdown of the attorney-client relationship require its withdrawal.
Potter Anderson's representation of Pfizer in a suit against Novo Nordisk and Burr & Forman's work on a $500 million joint partnership lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Oct. 31 to Nov. 14
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.
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Talking Mental Health: Encouraging New Attys To Find Joy
Rudene Haynes at Hunton discusses her experiences as a hiring partner, common sources of stress that newer attorneys face and steps that law firms can take to protect their attorneys' mental health and encourage personal life fulfillment.
The incident response plan developed by the Florida Bar's cybersecurity and privacy committee might not seem all that consequential, but it's a long overdue framework that could go a long way toward protecting the highly sensitive data law firms handle — and could even set a model for other professional organizations to follow, says Chris Boehm at Zero Networks.
Justice Ketanji Brown Jackson’s searing dissents this past term serve as a reminder for attorneys to analyze U.S. Supreme Court minority opinions in their thought leadership for three key reasons, says Jessica Kaplan at Legally Penned.
Mozart’s opera “The Magic Flute” offers a useful framework for attorneys to build relationships and develop new business, inspired by Prince Tamino’s curiosity, courage and consistency, says Paul Manuele at PR Manuele Consulting.
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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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.