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Modern Lawyer
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Winston Taylor Taps DLA Piper ITC Atty As Practice Chair
Winston Taylor has hired a DLA Piper partner in Washington, D.C., who is joining the firm to chair its U.S. International Trade Commission practice, the firm has announced.
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Goodwin Secondaries Co-Head Moves To White & Case In NY
White & Case LLP said Wednesday it has hired the former co-leader of Goodwin Procter LLP's secondaries practice, who brings significant sponsor-side experience in complex, cross-border transactions.
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Kennedys Adds 12-Atty Tyson & Mendes Trial Team In NY
Kennedys has added to its New York office a team of 12 trial attorneys led by a former managing partner of Tyson & Mendes LLP with expertise in high-stakes, complex litigation, the firm announced Wednesday.
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Baker McKenzie Partner Class Dips To 47 Attys
Baker McKenzie has promoted a smaller-than-usual partner class of 47 attorneys, according to an announcement from the firm on Tuesday.
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How Empathy Can Make Associates Better Lawyers
As associates navigate a legal industry increasingly dominated by artificial intelligence and related technology that makes information more readily available than ever before, developing empathy will be increasingly crucial, legal experts tell Law360 Pulse.
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How Associates Can Maximize Their New Pay Raises
For the first time in over two years, many associates have seen their base pay rise by at least $10,000 and some by as much as $45,000 annually. Here's what financial experts say young lawyers should do with the extra income.
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Quinn Emanuel's NY Pro Bono Head On Revamped Platform
Quinn Emanuel Urquhart & Sullivan LLP is investing in an effort to professionalize its pro bono services. Marc Greenwald, partner in charge of the firm's New York pro bono practice, talked to Law360 Pulse about what drove the changes.
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Latham Hires Exec Compensation Pro From Ropes & Gray
Latham & Watkins LLP announced that it has hired a Ropes & Gray LLP attorney in New York, marking the second addition to its executive compensation, employment and benefits practice in the past month.
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Ropes & Gray Picks Up Paul Weiss Financial Services Pro
Ropes & Gray LLP has brought over a lawyer from Paul Weiss Rifkind Wharton & Garrison LLP to lead its financial services group, adding an attorney with private practice and in-house experience to its office in the nation's capital, the firm said Tuesday.
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Clifford Chance Adds Ex-V&E Debt Finance Atty In Houston
Clifford Chance LLP announced on Monday the hiring of a former Vinson & Elkins LLP attorney as a finance and derivatives partner in its Houston office.
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McGuireWoods Adds Reed Smith Healthcare Atty In DC
McGuireWoods LLP has hired a Reed Smith LLP healthcare and life sciences lawyer, who worked earlier in his career as a senior counsel at the U.S. Department of Health and Human Services' Office of Inspector General, the firm announced Tuesday.
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Arnold & Porter Rehires City Of Hope Deputy GC In LA
The former deputy general counsel of litigation at a nonprofit cancer research and treatment center has returned to Arnold & Porter Kaye Scholer LLP in Los Angeles, as counsel in the firm's complex litigation practice.
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V&E Hires Ex-Baker McKenzie Exec As Chief Operating Officer
Vinson & Elkins LLP announced Tuesday that it has found a replacement for its retiring chief operating officer, a veteran legal industry executive who previously served in the role at Baker McKenzie and Bryan Cave Leighton Paisner LLP.
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BCLP Taps Corporate Atty As Managing Partner In DC
Bryan Cave Leighton Paisner LLP has named a new managing partner in Washington, D.C., who joined the firm about 7½ years ago from Crowell & Moring LLP and who was made a BCLP partner in 2022.
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Associates Unhappy Over Leave, Firm Leadership
Associates are dissatisfied over the lack of transparency at their law firms, what they perceive to be limited opportunities for advancement and how their leaders communicate, Law360 Pulse found in its sixth annual Lawyer Satisfaction Survey.
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What Attorneys Really Think About Their Profession
Law360 Pulse asked attorneys for their thoughts on what being an attorney is actually like — what they love about their job, what they see as the biggest misconceptions about a career in law and what advice they have for new lawyers. Here's what they said.
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Are Attorneys Happy At Work? Depends Who You Ask
Most lawyers are satisfied with their careers, but their happiness at work varies depending on their rank, a new Law360 Pulse survey found.
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Shook Hardy Atty Joins Cybersecurity Co. Shift5 As CLO
Shift5, a cybersecurity and predictive maintenance company for U.S. defense and transportation systems, has found its legal leader in a Shook Hardy & Bacon LLP partner, the company said Tuesday.
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Axinn Giving $25K Bonuses As Glenn Agre Matches Milbank
Glenn Agre Bergman & Fuentes LLP will match the Milbank LLP base pay scale for associates, while Axinn Veltrop & Harkrider LLP — which was already paying above-market salaries — will hand out special summer bonuses of up to $25,000, the boutiques told Law360 Pulse Tuesday.
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'Rubber-Stamp' Doc Sealing In Federal Civil Cases 'Run Amok'
Most sealing motions in federal civil litigation are granted, often without proper review, blocking important information from public view, a team of law professors and researchers found in a new study.
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Firm Prospects, UniCourt Team Up On Deeper Lawyer Profiles
Legal data company Firm Prospects announced Tuesday that it has entered into a strategic partnership with UniCourt that will change the way law firms and legal search companies recruit attorneys.
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Dentons Adds Ex-Yuga Labs Legal Chief To Corporate Team
The former chief legal officer of Yuga Labs has joined Dentons as a partner in the firm's corporate practice, where he will advise technology companies, investors and financial institutions in the fintech, digital asset and artificial intelligence spaces.
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BakerHostetler Corporate Team Gains Chicago Healthcare Pro
BakerHostetler announced Monday that it has added a healthcare-focused transactional partner to its business practice group to bolster its Chicago roster.
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Loeb & Loeb Adds Cadwalader Finance Pro
Loeb & Loeb LLP announced the addition of a trio of finance attorneys on Monday, including a partner from Cadwalader Wickersham & Taft LLP who has left before the firm's imminent merger with Hogan Lovells.
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Crowell & Moring Adds CIO From Cadwalader
Crowell & Moring LLP said Monday that it has hired Cadwalader Wickersham & Taft LLP's chief information officer, marking the latest departure from Cadwalader as the firm prepares for a merger next week.
Expert Analysis
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'Golden Handcuffs' May Be A Double-Edge Sword For Firms
As law firms increasingly use certain financial incentives to retain partners in a fierce lateral market, managing partners should consider the pros and cons of various deferred compensation schemes, says Tom Hanlon at Buchanan Law.
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The 10-Min. Rule For Building A Business Development Habit
Many lawyers assume that becoming a rainmaker requires a significant investment of time and effort, but the truth is that building a consistent habit of business development can start with just 10 minutes of strategic outreach a day, says Paul Manuele at PR Manuele Consulting.
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5 Pointers For Firm Leaders Communicating Tough Decisions
Certain law firm decisions — such as whether to challenge an executive order — cannot be crowdsourced, but leadership can collaboratively communicate these choices using strategies that build trust, reinforce values and preserve cohesion, says John Hellerman at Hellerman Communications.
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Series
Biz Development Tip Of The Month: Create A Succession Plan.jpg)
Conversations around retirement and succession can be understandably difficult, but when attorneys make a plan for the transition early and effectively, they have the opportunity to not only keep work but also increase it, says Jillian McKenna at Verrill Dana.
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Looking Under The Hood Of The $3,000 Billable Hour
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In recent years, top-tier law firms have pushed hourly rates to unprecedented heights, with some partners commanding $3,000 per hour — but this eye-popping number doesn’t tell the full story, as there are numerous caveats and rigorous winnowing along the way, says Christopher Seck at Squire Patton.
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How Law Firms Can Keep Nonequity Partners Happy
Law firms that successfully manage two-tiered partnership do so by creating a culture that treats everyone with respect and by establishing financial incentives outside their base compensation to reward performance, says Carol Morganstern at Major Lindsey.
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Biz Development Tip Of The Month: Leverage Your Atty Bio
If maintained properly, your firm bio can help attract potential clients and create authentic connections, so it's crucial to take steps to write an updated attorney profile that goes beyond a list of credentials, says Raychel Lean at Reputation Ink.
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Ask A Mentor: How Can I Promote Thoughtful Use Of AI?
Eran Kahana at Maslon discusses how partners can encourage responsible use of artificial intelligence tools within their firms by learning to spot pitfalls common to AI-generated work product and championing firmwide procedures and trainings that address the risks of uncritically relying on this powerful but imperfect technology.
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Making Legal Cents: Firm Culture Is The New Game Plan
Law firm culture is often dismissed as a soft factor — merely platitudes on a website that seem disconnected from the bottom line — but by intentionally embedding a strong culture into day-to-day operations, law firms can achieve sustainable success, says Shireen Hilal at Maior Strategic Consulting.
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5 Questions Firms Must Ask For Successful Lateral Integration
To ensure that lateral partners effectively integrate their books of business, firms should design a structured transition plan based on a few fundamentals, from tracking the right data to implementing meaningful incentives, says Lana Manganiello at Practice Growth Partner.
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Goldilocks Solution: Why The 4-Day Office Week Is Just Right
As law firms continue to wrestle with return-to-office policies, many are being pulled toward one or the other of two extremes: the rigidity of a five-day in-office schedule and the laissez-faire approach of a flexible three-day hybrid model — but a four-day in-office workweek may be the sweet spot, says Paul Manuele at PR Manuele Consulting.
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As Attys Adopt Generative AI, 3 Elements Should Be Cardinal
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Biz Development Tip Of The Month: Prioritize Connections
One reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
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Roundup
Biz Development Tip Of The Month
This year, experts shared 12 actionable strategies on building business in today's competitive legal market, from prioritizing human connections to maximizing the impact of thought leadership.