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Katten Muchin Rosenman LLP has joined the growing list of firms that are largely matching a new pay scale for associates set earlier this week by Milbank LLP, with attorneys set to see annual pay increases of $10,000 to $20,000.
Private-equity firms are not so sure that BigLaw's business model of charging clients by the hour and relying on annual billing rate increases to drive revenue is durable given the rapid adoption of artificial intelligence.
Holland & Knight LLP has tapped one of its longtime attorneys with more than three decades of trial and arbitration experience to lead the Latin American litigation and disputes team.
The legal industry kicked off June with another action-packed week as firms doled out associate raises and expanded practices across the country. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Baker Donelson Bearman Caldwell & Berkowitz PC on Thursday asked a Mississippi federal court to issue a single check-box form ruling that states the firm does not owe a monetary judgment stemming from a jury's verdict finding it committed negligent supervision amid a timber company's nine-figure Ponzi scheme, which was perpetrated in part by two of the firm's then-partners.
The Massachusetts federal judge presiding over an insider trading prosecution involving confidential deal information stolen from major U.S. law firms is known as an "ideal federal judge" who has deftly managed complicated cases with an even-handed approach.
Norton Rose Fulbright has hired Eversheds Sutherland's leader of domestic and global sanctions practice, who brings more than 20 years of experience counseling clients on export controls, foreign investment and more.
Right after graduating from Cornell University Law School, David Knotts, a native of Kansas City, Missouri, landed at one of the world's largest corporate defense firms.
Kirkland & Ellis LLP announced on Thursday a partnership with data giant and military supplier Palantir Technologies to launch a proprietary enterprise platform designed around private equity fundraising.
Skadden Arps Slate Meagher & Flom LLP announced Thursday that a former associate who began her legal career at the firm has returned as a partner in the energy and infrastructure projects group after working in-house roles for nearly five years.
A former McDermott Will & Schulte attorney has moved to Hogan Lovells as a partner in the antitrust, competition and economic regulation practice, the firm announced Thursday.
Quinn Emanuel Urquhart & Sullivan LLP and a Texas-based litigation boutique are the latest firms to match Milbank LLP's pay hikes for associates, with annual increases of $10,000 to $20,000 that top off at $455,000.
The former chief of staff for House Speaker Mike Johnson, R-La., will join K&L Gates LLP's Washington, D.C., office on June 15 as a government affairs counselor, the firm announced Thursday.
Morrison Foerster LLP has become the latest of several firms to add a chief people officer to its C-suite, announcing Tuesday that it has hired a longtime executive from Mayer Brown LLP.
Eversheds Sutherland has hired the former leader of Hogan Lovells' trade finance practice for the Americas as a New York partner, the firm announced Thursday.
A Law360 Pulse examination found that women hold the vast majority of top human resources jobs in BigLaw, giving them a pivotal role in how the U.S. legal industry manages attorneys and other firm employees.
Artificial intelligence has dramatically accelerated litigation work, including depositions and document review, but a hybrid approach where lawyers remain in control is taking the lead.
A Connecticut federal judge told a gathering of attorneys Tuesday that his law clerks are not allowed to use generative artificial intelligence for any purpose involving legal research, his interns are barred from using it at all, and lawyers must be careful when relying on the material that the tools produce.
An investment fund has filed a complaint in New York State court accusing a Pillsbury Winthrop Shaw Pittman partner of conspiring with convicted fraudsters to con the fund into writing a $145 million loan to now-defunct financial services company Aspiration Partners.
Rocade Capital LLC has acquired fellow litigation funder Law Finance Group LLC, creating a combined platform that has deployed more than $2.3 billion and specializes in $10 million to $50 million deals, including post-judgment financing, portfolio deals and lending to plaintiff's firms.
An insider trading case involving nonpublic information prosecutors say was stolen from some of the largest law firms in the U.S. has ensnared more than two dozen defendants, many of whom have turned to lawyers with notable clients including Donald Trump, Harvey Weinstein and Luigi Mangione.
Kilpatrick Townsend & Stockton LLP has appointed a new chief business development and marketing officer who will play a key role in its "tech-focused" innovation strategy, the firm confirmed to Law360 Pulse on Wednesday.
Crowell & Moring LLP has a new home in the nation's capital, with the firm announcing Wednesday it has moved its D.C. office to the redeveloped former Washington Metropolitan Area Transit Authority headquarters.
The race to match Milbank LLP's attorney pay hikes is officially on, with trial firm Hueston Hennigan the latest to announce it will increase associate pay by $10,000 to $20,000 annually.
Despite being on the other side of a disability rights case that will cost his municipality at least $150 million, Kevin McLaughlin, a supervising deputy city attorney for Oakland, California, believes that if more lawyers were like Linda Dardarian, there would be far less lamenting about civility in the legal profession.
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.
By recalibrating how they structure and communicate their inclusion efforts, law firms can reduce legal exposure and preserve their values, says Angela Vallot at VallotKarp Consulting.
As the legal industry faces political turmoil and economic uncertainty, the time is ripe for firms to revisit their strategic plans, ensuring they contain a few essential elements — from accountability systems to broad-based input — to achieve sustainable growth and profitability, says Joe Calve at Calve Communications.
As fluency in artificial intelligence becomes a competitive imperative in the legal industry, the next generation of rainmakers likely won’t be defined by their Rolodexes or club memberships, but by their ability to leverage AI business development tools effectively, says Jessica Aries at By Aries.
Law students can use artificial intelligence tools strategically throughout the job application process to review materials, prepare for interviews and navigate employers’ use of similar tools, but there are several key missteps they should be careful to avoid, says Lauren Wong at University of San Diego School of Law.
Before landing a published quote, feature or interview, law firms should articulate the content’s purpose and develop a strategic plan for repurposing it to ensure they’re aligning public relations efforts with measurable business outcomes, says John Hellerman at Hellerman Communications.
Julie LaEace at Perkins Coie offers tips for attorneys acting as pro bono coordinators, including how to choose appropriate projects, how to encourage participation and why it is important to keep in touch with legal aid partner organizations.
Amid uncertainty in the legal job market, attorneys who are considering a transition to a leadership role must fundamentally reimagine their approach to value creation and develop a new set of skills, say Stacy Bratcher at Cottage Health and Michael Watkins at Genesis Advisers.
As the legal industry increasingly looks to impose responsive guardrails for artificial intelligence use, firms and organizations’ internal use policies, outside counsel guidelines and vendor contracts can address confidentiality and data retention concerns in several ways, say attorneys at KXT Law.
Firms can develop a strong pro bono culture without hiring dedicated professionals through strategies like demonstrating active involvement by leadership, tailoring volunteer tasks to individual professional development needs and building trusted partnerships within the legal aid community, says Stacy Zinken at Paladin.
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.
Series
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.