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The chief financial officer for an insurance company told a Florida jury Tuesday that a stock drop for Patriot National Inc. — which is suing Simpson Thacher & Bartlett LLP for malpractice for allegedly putting together a shoddy securities offering — dramatically affected his own business as well.
While hiring among Washington, D.C., law firms has dropped after a major increase driven by last year's mass exodus of government attorneys, recruiters say the city's lateral market remains active midway through 2026 as firms continue to vie for top talent.
Debevoise & Plimpton LLP said Tuesday that the longtime chair of its real estate division will take over as general counsel, in an announcement also naming the new leader of the practice group.
Goodwin Procter LLP announced Monday that an experienced intellectual property attorney focused on life sciences matters has joined the firm's San Diego office as a partner from Wilson Sonsini Goodrich & Rosati PC.
Lewis Brisbois Bisgaard & Smith LLP has brought on a medical malpractice practice team from La Follette Johnson DeHaas Fesler & Ames, including two partners each with more than 15 years of experience representing healthcare industry clients.
Otterbourg PC said Tuesday that it will issue a one-time $20,000 payment to all of its full-time associates, just one day after Milbank LLP became the first to roll out midyear bonuses.
A Florida resident is set to plead guilty to his alleged role in a sweeping scheme to trade on insider information about impending acquisitions that was stolen from major law firms, according to a court filing Tuesday.
Holland & Knight LLP has announced the hiring of a former partner at HWG LLP as a partner in its litigation practice group out of Washington, D.C.
A former U.S. Department of Justice trial attorney who worked on the government's successful challenge of the Northeast Alliance partnership between American Airlines and JetBlue has rejoined Sullivan & Cromwell LLP as a partner in the firm's antitrust practice.
The American Bar Association on Monday urged the D.C. federal judge overseeing its lawsuit challenging 2025 executive orders targeting law firms to reject the Trump administration's bid to have Susman Godfrey LLP disqualified as plaintiffs' counsel, calling it the latest "effort to intimidate" the American legal profession.
A Simpson Thacher & Bartlett LLP partner wrapped up her testimony Monday in a Florida state malpractice trial brought by the founder of Patriot National Inc., telling the jury that the founder was willing to forgo establishing a floor on the value of so-called Series B warrants, which he says contributed to the company's demise.
Kirkland & Ellis LLP has hired a mass tort restructuring duo from Jones Day in the Lone Star State, the firm announced Monday.
DLA Piper has launched a congressional investigations practice in Washington, D.C., with a former U.S. House oversight committee attorney for Republicans and a Biden-Harris White House adviser as its leaders, the firm announced Monday.
More than 300 attorneys and staff with the Bronx Defenders Union went on strike Monday, one year after the last time the union walked off the job.
Paul Weiss Rifkind Wharton & Garrison LLP said Monday it has hired a former partner at Ropes & Gray LLP as a partner in its capital markets group within the firm's corporate department.
Freshfields LLP announced Monday that a prolific dealmaker has left White & Case to join its New York office as a partner in the mergers and acquisitions and corporate practice.
Artificial intelligence fluency has become a baseline hiring expectation for attorneys, with 70% of legal departments treating it as a formal requirement and 95% preferring it in candidates, according to a new study by Paragon Legal.
Theo Ai, a legal technology startup that uses artificial intelligence to predict the outcome of legal disputes, announced Monday the appointment of Sandra Leung, the retired former executive vice president and general counsel of pharmaceutical company Bristol Myers Squibb Co., to its board of directors.
Maybe think twice about sending a Dallas attorney to work with Fort Worth clients, local firm leaders say. Law firms have been launching offices in Fort Worth to meet local clients' demands for firms with boots on the ground and strong community ties.
Arnold & Porter Kaye Scholer LLP has hired a King & Spalding LLP partner in Washington, D.C., who will continue his intellectual property work focused on the cross-border aspects of technology and life sciences disputes, the firm announced Monday.
BigLaw firms are expanding artificial intelligence-focused roles from the C-suite to associate and partner levels.
A Davis Wright Tremaine LLP partner sanctioned for subpoena tactics is fiercely contesting a plaintiffs firm's six-figure fee bid, telling a California federal court that the request misleadingly cites alleged misconduct in separate litigation, reflecting a "naked attempt to prejudice the court's view of counsel."
Former DLA Piper partner James Manzione has returned to Gibson Dunn & Crutcher LLP as a tax partner in its New York City office.
Law firms are expecting more from their leaders without building adequate support systems or recognizing their significantly higher workload, according to a new report by The Tilt Institute and SurePoint Legal Insights.
A disciplinary file was opened recently on one of the attorneys representing President Donald Trump who helped him reach a deal with the Internal Revenue Service to settle a lawsuit that a Florida federal judge said was meant to "manipulate the judicial process."
Lawyers can’t develop artificial intelligence fluency from continuing legal education courses, webinars or email updates, so firm leaders must foster conditions that are conducive to attorney learning if they want AI investments to deliver their promised return, says Adrienne Prentice at Keep Company.
During the early days in the general counsel role, establishing a CEO relationship that holds under pressure is dependent on earning access, communicating in business terms and advising candidly — all before a crisis arises, says Chaka Patterson, former general counsel at Adtalem Global Education.
Series
Biz Development Tip Of The Month: Harness Client Trust
Clients stay with counsel not simply because their lawyers follow the rules, but because they feel safe, respected and heard, making trust essential to business development, especially in high-stakes matters where reputational risk runs high, says Derrelle Janey at Olshan Frome.
Series
Legal Tech Talks: Summize GC On Operating Strategically
Lexi Lutz, general counsel of Summize, discusses how legal tech can make lawyers more proactive and less tied up in repetitive process work, so that they can spend more time acting as real business partners.
Junior lawyers can harness artificial intelligence to identify where they are gaining traction with clients and build a data-driven business development foundation long before conversations about partnership track begin, says Tigist Kassahun at Vinson & Elkins.
Recent research demonstrates that the organizational qualities that make for a good associate experience, like strong leadership, are also strengths that prove critical to successful artificial intelligence implementation, say Cait Evans at Chambers and Partners, and Vivek Mohan and Meredith Williams-Range at Gibson Dunn.
Section 4 of President Donald Trump's executive order promoting the advancement of artificial intelligence innovation and security establishes a federal baseline around AI agents, so general counsel cannot wait for enforcement to define the standard, says Camilo Artiga-Purcell at Kiteworks.
Series
RFP Reset: Standardize Pricing Requests
To keep up with rising legal costs amid an industry overhaul fueled by artificial intelligence, legal departments can make outside counsel requests for proposal more defensible and cost-effective by making pricing requests uniform, requiring comparable fee templates and evaluating staffing assumptions, says Colin Levy at Malbek.
The law firm marketing efforts with the best return on investment are things that actively provide value to potential clients: practical business guidance, uncluttered proposals that anticipate their questions and opportunities to participate in curated industry conversations, says Shireen Hilal at Maior Strategic Consulting.
To ensure continued success, law firm leaders helming their firms through the legal industry revolution should take inspiration from the Founding Fathers' bold decisions, such as James Madison's abandonment of the Articles of Confederation and George Washington's trust in junior officers', says Samuel Pond at Pond Lehocky.
The artificial intelligence conversation among law firm leaders has advanced from adoption to governance and business impact, but it hasn’t resolved who maintains ownership and operational responsibility, which should be determined by the range of functions that AI touches, says Jennifer Johnson at Calibrate.
Series
Biz Development Tip Of The Month: Practice AuthenticityAttorneys who demonstrate who they truly are and what they stand for by sharing the human impact of their results, earning the media's trust by providing accessible analysis, and providing hands-on aid to their communities can build stronger reputations than any advertising budget can buy, says Ray DeLorenzi at RebuttalPR.
Legal artificial intelligence is on a similar trajectory as the internet in the dot-com era, where several internet companies failed after the initial market frenzy, but even if AI company valuations take a hit and the industry goes through a major reordering, legal leaders should note that the technology itself remains genuinely transformational for the delivery of legal services, says Gabriel Buigas at Integreon.
Opinion
Keeping PE Out Of Law Is Job For Courts, Not Capitols
Efforts by lawmakers in California, Colorado and Illinois seeking to bar private equity firms, hedge funds and other nonattorney investors from owning or financing law firms risk intruding on authority that state constitutions and the inherent powers doctrine have traditionally assigned to the judiciary, says attorney Felix Shipkevich.
Ross McNairn, founder and CEO of Wordsmith AI, discusses how the lawyers who treat legal work like an engineering problem and can deploy legal intelligence at scale will define the next decade.