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BigLaw firms may soon partner with private equity to gain an edge in the talent wars, potentially reshaping the U.S. legal industry despite fears that the shift could corrode firms' cultures.
U.S. Sens. John Kennedy, R-La., and Ron Wyden, D-Ore., on Tuesday jointly introduced the Open Courts Act, which they said would modernize the court records systems PACER and CM/ECF.
Foley & Lardner LLP has appointed a partner who previously led its national construction practice group for 18 years to serve as chair of the firm's national litigation department.
When she was team captain with a track and field scholarship at the University of Southern California in the 1990s, Nicole Haynes was in good health and rarely had to see a doctor. So when she got a bad stomachache and her friends encouraged her to visit the USC health center, Haynes said she didn't have the right words to explain why her experience with Dr. George Tyndall had felt so invasive and wrong.
Milbank LLP is increasing associate pay by $10,000 to $20,000 annually, with new salary floors of $235,000 and pay reaching as high as $455,000 for more experienced attorneys, according to the firm.
Greenberg Traurig LLP has added a corporate attorney from Sheppard Mullin Richter & Hampton LLP who focuses his practice on advising clients in mergers and acquisitions and private equity transactions.
Holland & Knight LLP has elevated a real estate and business attorney who helped launch the firm's Seattle location to executive partner of its Portland, Oregon, office.
Paul Weiss Rifkind Wharton & Garrison LLP has strengthened its mergers and acquisitions group with a Houston-based partner who came aboard from Akin Gump Strauss Hauer & Feld LLP.
Squire Patton Boggs LLP has hired the State Department's former acting assistant secretary for Near East Affairs, who was also the first U.S. special envoy for Yemen and throughout his more-than-30-year career with the agency held posts in Saudi Arabia, Pakistan, Iraq and other countries.
In the year-and-a-half since Ballard Spahr LLP and Lane Powell PC combined, leaders have been focused on strategic growth, team integration and figuring out how the combination can open new business opportunities.
Bradley Arant Boult Cummings LLP has expanded its real estate, finance and private wealth groups in Mississippi by hiring five former Watkins & Eager PLLC partners for its Jackson office.
Paul Hastings LLP announced Tuesday that it has brought on a pair of capital markets and public advisory partners in Dallas and Orange County, California, who came aboard from Winston & Strawn LLP just as that firm combined with U.K.-based Taylor Wessing to form Winston Taylor.
The Illinois state Legislature has passed a bill that aims to stop attorneys from fee sharing with non-lawyer-owned firms in other states and from accepting outside investment via a managed service organization structure.
Holtzman Vogel Baran Torchinsky & Josefiak PLLC has brought on a former U.S. Department of Justice prosecutor who recently argued the Trump administration's appeal to revive executive orders targeting four law firms, the firm announced Monday.
White & Case LLP announced Monday the addition of six new partners to multiple practice teams across the United States and the United Kingdom.
O'Melveny & Myers LLP announced Monday that it has welcomed back a mergers and acquisitions attorney who started his career at the firm before most recently working at Paul Hastings LLP.
Holland & Knight LLP has named a financial services attorney to lead its Atlanta office, the firm announced on Monday.
When Labaton Keller Sucharow LLP partner and general counsel Michael Canty decided to pursue a legal career, he had no doubt about what type of lawyer he wanted to be.
Fifteen defendants, including an ex-Goodwin Procter LLP associate, pled not guilty Monday to participating in an insider trading scheme involving confidential deal information stolen from some of the largest U.S. law firms.
Trial firm Hueston Hennigan is the second boutique to announce it will dole out midyear bonuses to associates.
New York investment funds law firm Kleinberg Kaplan announced Monday that its private funds and investment management practice has welcomed the former general counsel and chief compliance officer at Luxor Capital Group LP, a global alternative asset manager that has long been a client of the firm.
When Steve D'Amore was elected chairman of Winston & Strawn in 2023, he expressed a commitment to leading the firm's global expansion, a goal that took shape on Monday with the completion of its combination with U.K.-based Taylor Wessing.
Epstein Becker Green has added six litigators experienced in commercial and healthcare matters who previously worked for Manatt Phelps & Phillips LLP in its Los Angeles, Chicago and Washington, D.C., offices, the firm announced Monday.
Attorney Taa Grays speaks about her goals and concerns for the legal industry as she becomes the first Black woman president of the New York State Bar Association on June 1.
Vinson & Elkins LLP said Monday that its real estate industry practice has gained a former Orrick Herrington & Sutcliffe LLP partner who focuses on data center developments.
Series
Biz Development Tip Of The Month: Tailor Your Personal Style
In an industry where competition for clients is fierce, a thoughtful approach to personal style can give you the confidence to walk into any room and own it, the magnetism to make connections that matter, and the tools to highlight your deeper professional values, says Leslie Berkoff at Moritt Hock.
In today’s competitive legal market, successful attorneys treat the pitch process with general counsel like the beginning of a relationship, not a one-off sale — showing up with curiosity, commercial awareness and the ability to engage in a meaningful way from the start, says Andrew Dick at The L Suite.
Instead of lurching between year-end strategic planning season and springtime panic mode, firms need a framework that helps them identify what clients and the market need throughout the year, and then actually adjust course, says Shireen Hilal at Maior Strategic Consulting.
Roundup
Legal Tech Talks
Company founders, attorneys and other professionals working in the legal tech space share their journeys into the industry, challenges they face when working with law firms and legal departments, and common misconceptions about technology.
As some attorneys seek interim roles amid economic uncertainty, big-picture thinking and a few proactive steps can help to turn those short-term assignments into long-term positions, says Amy Vanderhoof at Major Lindsey.
As artificial intelligence tools become increasingly adept at handling entry-level legal tasks, firms and organizations must consider new ways to train and mentor junior attorneys to prepare them for leadership in an AI-integrated profession, say attorneys at KXT Law.
Series
Biz Development Tip Of The Month: Embrace LinkedIn
Attorneys who recognize LinkedIn as a powerful professional platform can gain significant competitive advantages in business development via strategic content creation, meaningful industry discussions and consistent visibility within target markets, says Agatha Mouillet at Horvitz & Levy.
As law firms and in-house legal departments grapple with the uncertainty of evolving tariff policies, attorneys at all career stages should consider how to lean into these shifts to best position themselves for long-term opportunities, says Rena Barnett-Matthews at Attorney Career Coach.
Many law firms are familiar with the need for attorney succession plans, but it’s also essential to plan for the succession of administrative professionals — from human resources personnel to finance leaders — to ensure continuity of critical day-to-day operations, say Eryn Carter and Travis Armstrong at the Association of Legal Administrators.
Series
Expanding The Reach Of A Legal Nonprofit
I co-founded the Legal Mentor Network with the goal of providing free legal mentoring to law students and early career attorneys, and the experience has highlighted how nonprofits can grow with the help of strong sponsorships and volunteers who all operate from a positive place, says Chrystal Mauro at the Legal Mentor Network.
The ever-earlier recruiting of summer associates sets high stakes before new law students may even realize, but 1Ls can better land a good 2L summer fit if they hit their first semester focused on the hiring timeline and ready to ask important questions about their would-be firms, says Kate Reder Sheikh at Major Lindsey.
In the face of sustained regulatory and economic uncertainty, general counsel can help businesses move from reactive to proactive management by building a clear, cross-functional geopolitical command center that monitors and coordinates responses to a wide spectrum of issues, says Lars Faeste at FTI Consulting.
Leaving an established law firm to start a boutique business of your own requires not only vision and resilience but also a solid business plan to help mitigate risks and increase your chances of unparalleled personal and professional success, says Rebecca Palmer at the Rebecca L. Palmer Law Group.
The legal profession has a critical role to play in reducing attrition of women lawyers by addressing the disproportionate burden of the mental load — the often-unseen work of managing tasks and anticipating needs in both personal and professional realms, says Michelle Browning-Coughlin at Northern Kentucky University’s Chase College of Law.
To help ensure new partners and practice groups are successfully integrated, firms should embrace specific structured practices that recognize each lateral's distinct value, personalize their integration plans and proactively address transition complexities long after onboarding ends, say Elizabeth Kennedy at NewEdge BD and Erika Steinberg at CMO2Go.