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A hedge fund manager can wind down the litigation funding operation he ran with a Florida-based personal injury attorney, the Delaware Chancery Court has ruled, finding that a falling out between the two partners did not involve any wrongdoing.
The strategies law firms and legal departments use to evaluate vendors and adopt technology have taken on more importance in the age of artificial intelligence, a panel of experts said Wednesday during a session on the third day of ALM's Legalweek conference in New York City.
The pass rate for first-time takers who sat for the bar exam rose by more than a percentage point last year over 2024, according to statistics released by the American Bar Association.
The general counsel of Delaware-based Chemours saw her total compensation increase to roughly $2 million for fiscal year 2025, up from about $1.8 million the prior year, according to a public filing this week.
Last year, Vinson & Elkins partner Katherine Frank fielded about one call a week from companies thinking about redomiciling in Texas. Speaking to Law360 the day after ExxonMobil announced its plan to reincorporate in the Lone Star State due to its business-forward courts and policies, Frank said the callers fell into three categories.
Federal judges who experienced firsthand harassment and violence called out the rise of "dehumanizing" rhetoric on Wednesday and warned that it could erode judicial independence.
A Delaware federal judge has overruled jilted Citgo bidder Gold Reserve's objection to a special master's bid for $15.3 million in attorney fees, rejecting its argument that the request was unreasonable in defunct mining company Crystallex's massive case against Venezuela.
Artificial intelligence could disrupt business as usual for law firms and legal departments, but a panel of experts on Monday showed there are varying differences of opinion on the importance of human judgment in legal matters.
Big Four accounting giant KPMG LLP is hoping to stay in its own lane and build on its existing suite of services as it moves forward with its year-old law firm subsidiary KPMG Law US, the company's newly appointed U.S. legal chief, Christian Athanasoulas, told Law360 Pulse this week.
A growing mismatch between revenue-driving demand and expenses among U.S. law firms could drive more firms to either be acquired or fold.
Dilworth Paxson LLP announced Monday it had assembled a team of more than a dozen attorneys to provide expertise focused on appellate matters for clients in state and federal courts.
The legal sector continued its lengthy upward streak in February, with 2,600 more people employed in lawyer, paralegal and other law-related professional roles last month than in January, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.
The legal industry began the month of March facing a new conflict in the Middle East and developments on executive orders targeting BigLaw firms. Test your legal news savvy here with Law360 Pulse's weekly quiz.
As clients face heat from state attorneys general amid a changing federal enforcement landscape, a growing number of law firms are building up their state attorney general practices, including Arnold & Porter Kaye Scholer LLP, which announced a new task force this week.
Winston & Strawn LLP, Sullivan Papain Block McManus Coffinas & Cannavo PC, Stanford's Supreme Court Litigation Clinic and attorney Olivia Gabriel lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that New Jersey cannot shield its public transit system from personal injury lawsuits by out-of-state plaintiffs under sovereign immunity.
Private equity money is pouring into the U.K. legal sector, fueling a wave of consolidation in consumer-facing practices and offering a glimpse of what it could look like if outside investment in the U.S. legal industry takes off.
Stradley Ronon Stevens & Young LLP announced a slate of new leadership changes on Thursday, with new additions to the firm's management committee and board of directors and several practice groups.
Jilted Citgo bidder Gold Reserve Ltd. continues to urge a Delaware federal court to reject a special master's bid for another $15.3 million in fees, saying he hasn't shown he is complying with a court order aimed at reducing his expenses.
Federal judges have been floating the possibility of holding government attorneys in criminal contempt of court for violating immigration-related court orders, a potentially shocking move that scholars say is unlikely and probably less effective than civil contempt orders.
Robinson & Cole LLP's recent decision to name Boston-based attorney J. Michael Wirvin as its new managing partner — the firm's first leader in 180 years based outside its home state of Connecticut — symbolizes its steady growth into other major markets in the region and across the country.
Attorneys from Morris Kandinov LLP and Akin Gump Strauss Hauer & Feld LLP who have handled other high-profile shareholder and appellate matters are set to argue an appeal next week seeking to have Delaware's Supreme Court revive an Aytu BioPharma investor's lawsuit against Armistice Capital over allegedly unfair transactions.
Flaster Greenberg PC has added a former Saul Ewing LLP partner in Delaware to bolster its commercial litigation practice.
A lawyer for the special master overseeing the auction of Citgo to satisfy billions of dollars' worth of Venezuelan debt has defended his request for more than $15.3 million in fees on top of nearly $63 million already paid, saying the request follows an "extraordinarily complex" sale process.
The ongoing military actions in the Middle East have created a volatile situation for companies that have operations, employees or contractors there, and in-house legal teams are intensely focused on keeping employees safe and protecting business continuity.
A day after informing the D.C. Circuit that it would no longer seek to defend the executive orders issued by President Donald Trump against four law firms, the U.S. Department of Justice reversed course Tuesday, requesting permission to withdraw its motion to voluntarily dismiss the appeals.
Series
Biz Development Tip Of The Month: Extend Your Content's Life
Attorneys often limit the impact of their thought leadership by letting their content languish after initial publication, but through four easy strategies for retooling existing content, they can maximize its reach and further their business development goals, says Jillian McKenna at Verrill Dana.
As the student debt crisis evolves under changing federal policies, firms that proactively address the burden will have significant advantages in recruiting and retaining the best young lawyers, says Brian Kabateck at Kabateck.
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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.
Series
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.
Series
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.