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Law firms are using "creative ways" to fund their business operations under existing legal regulations, David Perla, vice chair at financial services company Burford Capital, said during a panel at the Chicago Athletic Association.
Law firms are starting to make "opportunistic" hires of mergers and acquisitions lawyers as megadeals make a comeback.
President Donald Trump will appoint Vinson & Elkins LLP energy regulatory counsel Laura Swett as chair of the Federal Energy Regulatory Commission, the White House confirmed to Law360 Thursday.
London-based law firm Macfarlanes LLP announced on Wednesday the hiring of Mayer Brown LLP's former head of innovation in Europe to lead its software-developing lawtech department.
Sidley Austin LLP has hired the former U.S. head of sanctions from A&O Shearman, who is joining the firm's global arbitration, trade and advocacy practice in Washington, D.C., bringing experience to that team from the Office of Foreign Assets Control.
Fox Rothschild LLP expanded its litigation capabilities in both Sarasota, Florida, with the addition of a new partner from Buchanan Ingersoll & Rooney PC who will also maintain a practice in New York.
Morrison Cohen LLP announced the formal launch of its healthcare and wellness practice group on Thursday, citing growing client demand at the intersection of health, technology, and consumer products and services.
An attorney specializing in assisting clients with matters involving franchise law has moved her practice to Faegre Drinker Biddle & Reath LLP's Philadelphia office after five years with Quarles & Brady LLP.
A New Jersey federal judge this week declined to reconsider his order throwing out an attorney's copyright infringement suit against Netflix Inc. over his documentary about sexual abuse in the Boy Scouts of America.
Foley & Lardner LLP has hired the former Washington, D.C., office founder of litigation finance firm Omni Bridgeway, alongside a longtime government enforcement defense lawyer, who focuses her practice on white collar defense, trade sanctions and related matters, who both join the firm in the nation's capital.
Thompson Hine LLP has brought on an eight-member team of immigration professionals from UB Greensfelder led by a former adviser to the Biden-Harris presidential transition team on matters related to immigration law and policy.
Attorneys who agree to work as neutral, third-party mediators must make it explicitly clear that they are not advising or holding privilege with participants, the American Bar Association has warned in its latest ethics opinion.
For the first time in more than two decades, Texas law students taking the July bar exam for the first time had a passage rate of more than 90%, the highest rate since at least 1997, according to a recent statistical report.
White & Case has boosted its global tax practice by hiring two new partners from Paul Hastings in London.
Newly shortened litigation timelines and old-fashioned congeniality were among the points emphasized by the judges of Philadelphia's dedicated business court as they shared tips of the trade on Saturday during a gathering of lawyers who practice in the busy venue.
Crowell & Moring on Wednesday announced that it is expanding its healthcare team with the addition of a first-chair trial attorney who co-founded the healthcare practice at Robins Kaplan LLP, where he was most recently a partner.
Foley Hoag LLP has added an attorney who previously served as inclusion director at Paul Weiss Rifkind Wharton & Garrison LLP as its director of diversity, equity and inclusion, the firm announced Wednesday.
Greenberg Traurig LLP has added a California partner from Wilson Sonsini Goodrich & Rosati with in-house and government legal experience to enhance its capacity to handle matters for clients in life sciences, artificial intelligence, biotechnology and other industries.
King & Spalding LLP announced Wednesday that it is opening an office in Australia under the leadership of its global human capital and compliance practice head, supported by a team of attorneys who advise on corporate transactions, energy and infrastructure projects, complex global workforce matters and high-stakes disputes.
Phelps Dunbar LLP announced Wednesday the hiring of a longtime consultant in information technology and now artificial intelligence to serve as its first chief information officer.
Dorsey & Whitney LLP has strengthened its finance and restructuring practice with a Dallas-based partner who came aboard from K&L Gates LLP.
Clifford Chance LLP is exploring further expansion in the U.S., including potential new offices in California and North Carolina, as it aims to increase its revenue from the world's largest legal market.
O'Melveny & Myers LLP is in the process of closing its Tokyo office as its only Japan partner prepares to retire.
California Gov. Gavin Newsom has signed a bill into law that blocks Golden State lawyers and firms from sharing contingency fees with out-of-state firms owned by non-lawyers.
With no end in sight to the government shutdown, the situation for the federal judiciary will get worse after Friday.
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
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.