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The month of May brought memorable stock deals for some legal chiefs, with Spencer Collins of Arm Holdings leading the way with $19.8 million in sales. Keith Larson at Venture Global earned over $15 million in stock sales last month, while the soon-to-depart Kathryn Ruemmler at Goldman Sachs reaped just over $14 million, and Booking Holdings' Peter Millones collected over $10 million.
The legal sector saw 1,200 more jobs in May after gaining 1,900 positions the month before, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.
Winston Taylor leads this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ended a patent suit over Hikma Pharmaceuticals USA Inc.'s generic version of a heart drug that uses a so-called skinny label.
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.
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.
Norris McLaughlin PA added a pair of attorneys in New Jersey this week specializing in public utility and energy law with over 30 years of experience practicing in-house and in private practice.
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.
Atlantic City Mayor Marty Small has sued Atlantic County Prosecutor William E. Reynolds for malicious prosecution and violation of his civil rights, alleging Reynolds' prosecution of Small on child abuse charges was a politically motivated attempt to remove him from office.
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.
A married couple who operate a New Jersey cannabis dispensary cannot escape claims that they misused roughly half of a $1.6 million business loan, a California federal court ruled on Wednesday while also rejecting the entrepreneurs' attempt to disqualify the lender's law firm.
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.
Netflix Inc. fought off an amended complaint in New Jersey federal court Tuesday from an attorney claiming that it infringed on his copyright for a documentary about sexual abuse in the Boy Scouts of America, when the judge ruled the suit relied on uncopyrightable facts.
Schenck Price Smith & King LLP has unveiled a new community association practice group to be manned by a father-son pair joining as a partner and counsel in New Jersey from Becker & Poliakoff PC.
A New Jersey appellate panel on Tuesday questioned if Lowenstein Sandler LLP ever filed the amended complaint that would trigger the allegedly missed deadline that Trif & Modugno LLC says is fatal to Lowenstein Sandler's bid for $750,000 in unpaid fees from a failed cannabis venture.
The federal judiciary's decision to strike a chapter on climate change from its guide to scientific evidence is misguided, partisan and "will impede the judiciary's ability to pursue truth," according to a Tuesday letter from nearly two dozen Democratic state attorneys general.
A New Jersey-based bankruptcy partner at Fox Rothschild LLP has been censured by the Supreme Court of New Jersey after she was found to have wrongfully disbursed over $2.7 million in fees to her former firms without approval.
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.
Scarinci Hollenbeck LLC has landed the former managing partner of Weiner Law Group and an accompanying team of six attorneys, building up the firm's labor and employment, litigation, land use and environmental capabilities.
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.
Fox Rothschild LLP grew its corporate practice in New Jersey this week with a pair joining the firm from Connell Foley LLP and bringing decades of experience in mergers and acquisitions, private equity transactions and more.
New Jersey state court lacks jurisdiction to unilaterally enforce a subpoena a U.S.-based law firm filed against a Canadian insurance company, the insurer has argued, seeking to avoid what it called an overly broad demand for information amid a policyholder's negligence suit against a trio of American law firms.
Insurance defense firm Tyson & Mendes LLP completed a large expansion of its footprint in the Northeast region of the country with the addition of nearly two dozen attorneys who moved their practices from Rebar Kelly LLC.
Trial firm Hueston Hennigan is the second boutique to announce it will dole out midyear bonuses to associates.
New Jersey's top federal prosecutor said Monday that he has named the office's national security chief as his second-in-command.
Court systems around the country are emerging bullish on the use of generative artificial intelligence by judicial officers, but implementation, training, resources and overall regulations remain scattershot, giving rise to concerns that a learning gap could lead to missteps.
Sirisha Gummaregula at QuisLex offers advice on navigating the challenges that come with taking on an in-house counsel role after leaving law firm life, including learning your company's business goals and leading with empathy and collaboration.
As potential clients with legal questions increasingly rely on summaries generated by artificial intelligence, attorneys must rethink their content strategy to make sure AI chatbots and search overviews cite their thought leadership, say Ioana Good and Adrien Maines at Promova and Nancy Myrland at Myrland Marketing.
Complex corporate litigation now often unfolds under the glare of a parallel trial in the court of public opinion, requiring attorneys to adopt a cohesive strategy for legal filings, leadership communications and narrative control, says Monica Smith at Integer PR.
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.