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Cravath Swaine & Moore LLP is the latest to unveil its year-end bonuses and a new salary structure that aligns with the Milbank LLP scale for junior associates while offering even more lucrative pay packages for midlevel and senior associates.
Men are more likely than women to find out well in advance of an organization's intent to promote them to the general counsel position, according to new data focused on succession planning published Tuesday.
Major U.S. law firms are steadfast in their commitment to the pursuit of further growth despite ongoing economic uncertainty. Here’s what the leaders of four Leaderboard firms have to say about how the legal industry is preparing for next year.
Follow firms' litigation tracks through federal district courts across the country with our interactive map.
Presenting the 2023 Law360 Pulse Leaderboard — the 100 firms that are besting their peers on measures of prestige, social responsibility and the reach of their legal practice.
These firms are being singled out for their stellar litigation footprint and transactions work. See who's leading the pack in the categories of variety of cases, range of jurisdictions, closing large merger and acquisition deals, and handling registered offerings.
The top federal judge in Delaware concluded Monday that the Texas attorneys behind prolific patent litigation funding outfit IP Edge might have broken the law — and their ethical obligations as lawyers — by litigating ferociously for settlements from tech companies while operating behind a shadowy network of "relatively unsophisticated individuals."
Delaware Vice Chancellor J. Travis Laster has called out as "profoundly misguided" published comments by former U.S. Attorney General William P. Barr criticizing the state's top corporate law courts for "flirtation" with environmental, social and governance principles.
Northeast regional firm Ward Greenberg announced that about half of its attorneys will join Freeman Mathis & Gary LLP, with the Rochester, New York, team making the move to Hodgson Russ LLP.
The Third Circuit has reinstated a lawsuit against Brach Eichler LLC, finding that a New Jersey federal court was wrong to conclude that a dry-solids handling company waited too long to file the action alleging that the firm and others illegally hacked into the business's computers.
A new committee composed of state Supreme Court chief justices and others will examine why fewer attorneys are going into public interest law, as well as the state of legal education and bar admissions processes more generally, according to an announcement Monday.
Delaware's chancellor has reprimanded attorneys for global automotive parts manufacturer First Brands Group LLC for their conduct during a deposition of the company's CEO amid Chancery Court litigation with engine parts manufacturer Walbro LLC, calling their behavior "inconsistent with what Delaware courts expect."
Large law firm partners have a lot to be thankful for this holiday season, including what appears to be a nearly foolproof business model that is benefiting them even in a shaky economy.
Emerging court technologies must be supervised and controlled by the judiciary, a new paper from a group of professors argues, while also noting the potential benefits the justice system could glean from the tech.
House Judiciary Committee Chairman Jim Jordan, R-Ohio, issued a subpoena Tuesday for Lesley Wolf, an assistant U.S. attorney in Delaware, for information about her role in the federal investigation of the president's son Hunter Biden that he claims has been mishandled.
The American Bar Association is seeking to torpedo a proposed class action over a March data breach, saying allegations that the organization deceived its members are "fatally deficient and implausible," and the attorneys behind the suit can't show any damages stemmed from the breach.
The National Association of Muslim Lawyers called on the American Bar Association late Monday to resist pressure to change a previous statement on the Israel-Hamas war — which called the killing of Israeli and Palestinian civilians violations of international law — after NAML says it obtained messages showing pro-Israel legal professionals criticizing the ABA's response to the hostilities.
Colorado state Judge Juan Villaseñor had been on the bench for only about a year when an attorney in a medical malpractice trial he was presiding over asked him to restrict when the jury could discuss the case.
The single biggest challenge facing the courts is their politicization, according to the president of the National Judicial College.
Two recent reports on U.S. law firm financial results highlighted a growing problem facing firms: difficulty in expediently collecting payments on work that has already been performed.
Rivkin Radler's handling of a $200 million Manhattan development sabotage suit and Chamberlain Hrdlicka's work on the acquisition of a prominent architecture firm lead this edition of Law360 Pulse's Spotlight on Mid-Law Work, recapping the top matters for Mid-Law firms from Nov. 3 to 17.
The U.S. Supreme Court's move earlier this year to terminate race-based affirmative action in college admissions may have focused on higher education, but some in the legal industry took the ruling as a cue to reexamine their firms' diversity, equity and inclusion policies.
An attorney for Oracle urged a Delaware vice chancellor Friday to resist stockholder calls to award a $5 million mootness fee, which he said neither mooted nor resolved anything in a years-long, ultimately dismissed suit targeting the company's $9.3 billion deal for Netsuite.
This was another action-packed week for the legal industry as BigLaw firms revealed rebrands, promoted partners and landed laterals. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
Lieff Cabraser Heimann & Bernstein LLP, Seeger Weiss LLP and Motley Rice LLC lead this week's edition of Law360 Legal Lions, as a California federal judge ordered Meta and other social media companies in multidistrict litigation to face negligence claims that they purposely addict and harm young people.
With the increased usage of collaboration apps and generative artificial intelligence solutions, it's not only important for e-discovery teams to be able to account for hundreds of existing data types today, but they should also be able to add support for new data types quickly — even on the fly if needed, says Oliver Silva at Casepoint.
With many legal professionals starting to explore practical uses of generative artificial intelligence in areas such as research, discovery and legal document development, the fundamental principle of human oversight cannot be underscored enough for it to be successful, say Ty Dedmon at Bradley Arant and Paige Hunt at Lighthouse.
The legal profession is among the most hesitant to adopt ChatGPT because of its proclivity to provide false information as if it were true, but in a wide variety of situations, lawyers can still be aided by information that is only in the right ballpark, says Robert Plotkin at Blueshift IP.
Leah Kelman at Herrick Feinstein discusses the importance of reasoned judgment and thoughtful process when it comes to newly admitted attorneys' social media use.
Attorneys should take a cue from U.S. Supreme Court justices and boil their arguments down to three points in their legal briefs and oral advocacy, as the number three is significant in the way we process information, says Diana Simon at University of Arizona.
In order to achieve a robust client data protection posture, law firms should focus on adopting a risk-based approach to security, which can be done by assessing gaps, using that data to gain leadership buy-in for the needed changes, and adopting a dynamic and layered approach, says John Smith at Conversant Group.
Laranda Walker at Susman Godfrey, who was raising two small children and working her way to partner when she suddenly lost her husband, shares what fighting to keep her career on track taught her about accepting help, balancing work and family, and discovering new reserves of inner strength.
Diana Leiden at Winston & Strawn discusses how first-year associates whose law firm start dates have been deferred can use the downtime to hone their skills, help their communities, and focus on returning to BigLaw with valuable contacts and out-of-the-box insights.
Female attorneys and others who pause their careers for a few years will find that gaps in work history are increasingly acceptable among legal employers, meaning with some networking, retraining and a few other strategies, lawyers can successfully reenter the workforce, says Jill Backer at Ave Maria School of Law.
ChatGPT and other generative artificial intelligence tools pose significant risks to the integrity of legal work, but the key for law firms is not to ban these tools, but to implement them responsibly and with appropriate safeguards, say Natalie Pierce and Stephanie Goutos at Gunderson Dettmer.
OpinionWe Must Continue DEI Efforts Despite High Court Headwinds
Though the U.S. Supreme Court recently struck down affirmative action in higher education, law firms and their clients must keep up the legal industry’s recent momentum advancing diversity, equity and inclusion in the profession in order to help achieve a just and prosperous society for all, says Angela Winfield at the Law School Admission Council.
Law firms that fail to consider their attorneys' online habits away from work are not using their best efforts to protect client information and are simplifying the job of plaintiffs attorneys in the case of a breach, say Mark Hurley and Carmine Cicalese at Digital Privacy and Protection.
Though effective writing is foundational to law, no state requires attorneys to take continuing legal education in this skill — something that must change if today's attorneys are to have the communication abilities they need to fulfill their professional and ethical duties to their clients, colleagues and courts, says Diana Simon at the University of Arizona.
In the most stressful times for attorneys, when several transactions for different partners and clients peak at the same time and the phone won’t stop buzzing, incremental lifestyle changes can truly make a difference, says Lindsey Hughes at Haynes Boone.
Meredith Beuchaw at Lowenstein Sandler discusses how senior attorneys can assist the newest generation of attorneys by championing their pursuit of a healthy work-life balance and providing the hands-on mentorship opportunities they missed out on during the pandemic.