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Two commercial real estate law firms headed by Mark J. Nussbaum filed for Chapter 11 protection in New York, listing at least $353 million in disputed unsecured claims tied to the firms' hard money lending practices that have been described in litigation as a Ponzi scheme.
A lender of the insolvent owner of the historic New York County Lawyers Association Building in Manhattan accused the owner of violating a Chapter 11 settlement and asked a New Jersey bankruptcy judge to reinstate its $29 million claim in full.
Large U.S. law firms started 2026 with a surge in lateral moves that boosted partner hiring to the highest level in six years, but softened on associate additions, according to new data from legal intelligence provider Firm Prospects.
Foley Hoag LLP announced on Wednesday that it had hired the former U.S. ambassador to Hungary as a partner at its New York office.
After joining Day Pitney LLP straight out of law school in 1987, Michael P. Byrne has been elected as the firm’s managing partner. Here, Byrne discusses his business goals for his first year on the job, the firm’s growth trajectory, and the importance of maintaining its culture.
McDermott Will & Schulte has grown its abilities at the intersection of sports, media, governance and high-stakes deals with the addition of the former longtime legal leader of the Professional Golfers' Association of America.
Katten Muchin Rosenman LLP has reached several key financial growth milestones in the less than two years since litigator and former federal prosecutor Gil Soffer became chair of the Chicago-headquartered firm, without jumping into the recent law firm merger frenzy.
Federal class action filings spiked in 2025 after nearly a decade of relative stability, fueled by a surge in consumer protection lawsuits tied to data breaches, digital commerce and online accessibility claims, according to a new report from Lex Machina.
U.S. Supreme Court Justice Sonia Sotomayor publicly apologized Wednesday for comments she made at a University of Kansas appearance earlier this month criticizing Justice Brett Kavanaugh.
Nadine Menendez urged a Manhattan federal judge to keep her free while she challenges her conviction, arguing that prosecutors deprived her of her constitutional right to the counsel of her choice.
The largest law firms continued to get the bulk of the work in 2025 despite having the most expensive rates, while mid-tier firms are grabbing a bigger piece of the action, according to a new report by LexisNexis CounselLink.
A Manhattan federal judge on Wednesday revived an effort by civil rights groups to block immigration courthouse arrests, citing what he called an apparently deceptive Trump administration move to disclaim its earlier litigation position.
Sidley Austin LLP announced Wednesday that it has hired another New York-based capital markets attorney from Cravath Swaine & Moore LLP, touting her history advising venture capital-backed companies, founders, investors and financial institutions on a range of corporate matters.
Hogan Lovells and Cadwalader said Wednesday that their partners have voted in favor of their merger ahead of the scheduled launch of the combined law firm on July 1.
Six years after the first #MeToo verdict against Harvey Weinstein, a New York state judge on Tuesday began picking a jury for the disgraced producer's third rape trial in Manhattan and ruling on what evidence would come in.
Mayer Brown LLP is focused on increasing artificial intelligence adoption among its attorneys and staff this year and has launched an AI literacy program to help achieve that goal.
Willkie Farr & Gallagher LLP announced Tuesday that it has achieved certification for its artificial intelligence management system under standards established by two Switzerland-based international bodies.
Constangy Brooks Smith & Prophete LLP has appointed five new members to its executive committee as its former members wrapped up their terms.
Holland & Knight LLP announced on Monday that it had hired a Katten Muchin Rosenman LLP partner who focuses on the Employee Retirement Income Security Act, employee benefits and executive compensation.
A longtime staff leader of the New York State Bar Association was officially named the new executive director after more than two decades with the organization, according to an announcement this week.
As law firm finance and operations teams focus on boosting efficiency by migrating to the cloud and using more artificial intelligence in processes, areas of friction still exist today.
A federal jury in Manhattan declined to award damages Monday to a former associate who says DLA Piper unlawfully fired her after she announced she was pregnant, absolving the BigLaw firm hours after tense closing arguments.
Cooley LLP has strengthened its private equity offering by adding Silver Lake's former legal director of fund formation as a New York-based partner, the firm announced Monday.
Weil Gotshal & Manges LLP announced two additions to its private funds platform on Monday, one from Kirkland & Ellis and the other from DLA Piper.
The former legal leader of Sirius XM Holdings Inc. earned about $6.2 million in his only year with the company before retiring, according to a recent securities filing.
A number of trends will continue to reshape how people search, consume and trust information next year, and law firms will need to adopt forward-thinking content strategies — from generative engine optimization to interactive legal tools — to stand out, says Elizabeth Lampert at Elizabeth Lampert PR and Nancy Myrland at Myrland Marketing and Social Media.
Trends and statistics reveal that law firms of all sizes and practice areas remained attractive litigation targets this year, so firms must take concrete steps to avoid professional liability risks in the year to come, say Douglas Richmond and Andrew Ricke at Lockton Companies.
New job archetypes are rapidly replacing the traditional model of the lawyer as artificial intelligence proliferates, and to remain competitive, firms will need to embrace the diverse portfolio of talent required to navigate, design and critique algorithmic systems, says Dmitri Mehlhorn at Atoll Society.
Legal management services organizations, which outsource the administrative aspects of law firms to separate entities, are poised to disrupt the industry in the year to come, so firms and attorneys should consider the advantages and disadvantages of several MSO models, say Frederick Shelton and Ayven Dodd at Shelton & Steele.
Impostor syndrome prevails as a main root cause of attorney burnout, but sufferers can equip themselves with a series of practice tips that build confidence through evidence, not emotion, to address the mindset behind this damaging condition, says Jonathan Cohen at PNY.
Today's general counsel expect outside lawyers to show interest, relevance and value long before there is a live matter to address, including by engaging with attorneys at every level of the company and dispensing free advice thoughtfully, says Andrew Dick at The L Suite.
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Biz Development Tip Of The Month: Start Early In Your Career
Having the courage to embark on your legal business development strategy early in your career allows you to sooner reap the rewards of a strong network, which in turn can increase the momentum of referrals over the course of your career, says Kristin Housh at Sheppard Mullin.
As the legal profession navigates changes driven by artificial intelligence and broader pressures, leaders should consider behavioral research-backed strategies to translate enthusiasm into tangible results for team performance, say attorneys at King & Spalding.
Though law firms and private equity firms appear to be strange bedfellows, such combinations may offer opportunities for ailing midsize firms — which must be weighed against risks to culture, brand and growth prospects, say directors at FTI Consulting.
This year's Buying Legal Council Conference highlighted three emerging forces in how buyers and sellers operate in the legal ecosystem — artificial intelligence, data and preferred panels — and organizations would be well advised to combine them into an integrated framework for transparency, performance and collaboration, says Matthew Prinn at RFP Advisory Group.
As legal departments face mounting pressure to do more with less, general counsel should lead a structured process for adopting generative artificial intelligence tools to transform productivity, manage risk and align with enterprise priorities, says Maesea McCalpin at Gartner.
Amid law firm layoffs of business development staff, lawyers cannot depend solely on their firms to foster their professional growth, and must instead create their own initiatives for building community, says Lana Manganiello at Practice Growth Partner.
As artificial intelligence changes the dynamic between in-house and outside counsel, both internal and external legal teams must thoughtfully reimagine how to mutually leverage AI tools to collaborate and deliver successful outcomes, say Karineh Khachatourian at KXT Law and Diane Honda at Redis.
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.