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Kirkland & Ellis LLP has hired a Herbert Smith Freehills Kramer LLP attorney as a partner in its real estate group.
Weil Gotshal & Manges LLP has named two longtime private equity and mergers and acquisitions partners as the next corporate department co-chairs, promising to expand the headcount and breadth of the practice group after the former head left for Cravath Swaine & Moore LLP last week.
Artificial intelligence can help state courts operate more efficiently and ease workload strains by automating repetitive tasks, according to participants in a Wednesday panel discussion organized by the National Center for State Courts.
Crowell & Moring LLP on Wednesday announced the hiring of two former enforcement attorneys from the U.S. Department of Justice and the Federal Trade Commission for its antitrust and competition group, with the firm saying it plans more growth of the practice soon.
Michael Best & Friedrich LLP announced Wednesday that it is combining with New York-based firm Kane Kessler PC, adding 36 attorneys and a Big Apple presence to a firm that ranked 143rd on Law360's list of the nation's largest law firms.
Two veterans of the legal industry announced on Wednesday that they have teamed up to launch FairPlay Law, an AI-native firm based in Manhattan and focused on representing employees.
In rural areas of the U.S., many people live great distances from courthouses and other legal services, creating major barriers to accessing justice and taking a toll on residents, lawyers and legal personnel.
Yankwitt LLP, a litigation boutique based in Westchester County, New York, said that it has hired Hecker Fink LLP's chief operating officer to serve as its first COO.
Major retail trade associations and Walmart are objecting to a $200 billion settlement over Visa and Mastercard swipe fees in New York federal court, saying the court should decertify the class or at least allow opt-outs so merchants can preserve "valuable claims that class counsel are trading away for nothing."
A New York federal judge on Tuesday denied as moot Nadine Menendez's request for 90 more days to file a potential challenge to her prison sentence after prosecutors said she misunderstood the deadline and still had plenty of time to seek relief.
Orrick Herrington & Sutcliffe LLP announced Tuesday that the firm has two new C-suite executives, both of whom will be based in New York.
A former federal prosecutor who was part of a short-lived trio leading the New Jersey U.S. attorney's office earlier this year has moved into private practice at the New York boutique Getnick Law, the firm announced Tuesday.
A company's size has always influenced pay for in-house lawyers, but a new study shows a significant difference for general counsel and chief legal officers, with their median base salaries running 90% higher than their counterparts at smaller organizations. Meanwhile, compensation for directors of legal operations was flat.
Tens of millions of Americans live in towns and counties across the nation with limited or no access to legal services. By one estimate, at least a third of the nation's counties qualify as a "legal desert," having only one or no attorney per 1,000 residents. Roughly 24 million Americans reside in these counties.
Norton Rose Fulbright announced Tuesday that it has hired eight former Kasowitz LLP attorneys who advise on distressed real estate matters, including workouts, restructurings and foreclosures.
Many rural attorneys, often the only lawyer in town, work until they die or simply close their practices when they retire. But small to mid-sized firms looking to expand into rural markets could help to make succession planning a real possibility for these solo practitioners.
Partisan splits were apparent Tuesday on the Fourth Circuit panel hearing the Trump administration's challenge to a federal district judge's dismissal of the indictments of former FBI Director James Comey and New York Attorney General Letitia James, with two of the three judges appearing to agree an improper appointment doomed the cases.
Students who are the first in their families to attend law school have been thrown a new challenge at the beginning of their legal journeys, as BigLaw accelerates their recruitment timelines.
Summer associate programs give law students an up-close look at changes unfolding in the legal industry, and a new Law360 Pulse survey found artificial intelligence use and pay have reached new heights.
From learning how to come back from mistakes to cross-team collaboration, this year's summer associates came away with lessons that will help them succeed in their future careers. Here's what they want law students to know as they begin their own journeys.
White & Case LLP announced Monday that it has added a longtime Sullivan & Cromwell LLP attorney to its New York office, touting the expertise she brings to its transactional and employment teams.
Sullivan & Cromwell LLP announced Tuesday that four private equity mergers and acquisitions attorneys are moving to the firm from Kirkland & Ellis LLP.
Latham & Watkins LLP has announced it's growing its intellectual property litigation practice with a partner in New York who joins from Gibson Dunn & Crutcher LLP, bringing years of patent and technical trade secret litigation experience and representing industry titans including Nvidia and Western Digital.
Divorce is often hard, but it is harder still when there’s just one lawyer in town. The story of one divorcing couple in Michigan’s Upper Peninsula illustrates the financial costs and emotional pain of living in a legal desert, and it helps explain why lawyer shortages are spreading throughout rural America. This story introduces Law360 Pulse’s special series on legal deserts.
Personal injury firm Morgan & Morgan formally announced Monday that it has been running a proprietary artificial intelligence platform over the past few years while also committing to spend at least $1 billion on AI and technology improvements over the next decade.
The biggest question about private equity moving into the legal sector is no longer whether it can financially succeed, but how law firms can contend with the unavoidable economic, institutional and ethical tensions introduced by external ownership without compromising their core professional commitments, say Kirsten Vasquez and Allison Rosner at Major Lindsey.
As potential clients use artificial intelligence tools instead of search engines when looking for counsel, it is a democratizing moment for specialized midsize firms and a compression threat for generalist big-firm brand positioning, says Ronn Torossian at 5WPR.
Private equity capital has been flowing into accounting firms for years, with investors developing creative structures to work within that field's specific ownership restrictions, and the framework developed by these transactions offers valuable insights for law firms looking for outside investment, says Russell Shapiro at Levenfeld Pearlstein.
Series
Legal Tech Talks: StrongSuit CEO On The AI Gold Rush
Justin McCallon, CEO of StrongSuit, discusses how the potential for automation and insight generation with artificial intelligence is massive, but that in legal work, especially litigation, the margin for error is essentially zero.
When law firm leaders provide work product feedback by identifying errors instead of offering guiding input, they miss a key opportunity to treat feedback as a professional development and leadership tool, but several practices can help bridge the gap between intent and impact, says Janet Jackson at Well-Law.
Many law firms are using generic decks for multiple client presentations to articulate their artificial intelligence strategy, but in order to differentiate themselves, it's important to bring marketing teams into the fold to identify what's actually distinctive about how a firm uses AI, says Eric Greenberg at Cox Media.
The Legal Marketing Association's recent annual conference underscored how advances in artificial intelligence and shifting client expectations are causing law firms to evolve into more structured, data-driven businesses that place greater emphasis on strategy, implementation and measurable results, say Maria Aronson and Gina Rubel at Furia Rubel.
Series
Biz Development Tip Of The Month: Build Relationship Habits
Meaningful relationships are foundational to business development, and they can be deliberately fostered through a set of habits for authentically, intentionally and consistently connecting with clients and colleagues — starting with people you already know and like, says Matthew Moran at V&E.
Artificial intelligence is already woven into everyday work for attorneys, so beyond questioning whether AI was used and approving such tools, legal leaders need to create a shared foundation for what good AI use looks like on their team, says Alex Denniston at Factor.
A company's contracts contain final, negotiated commercial commitments that reveal important growth, revenue and strategy insights, but for organizations that aren’t making two key structural changes, the information tends to remain within the legal department — untranslated and unused, says Shimane Smith at NerdWallet.
The U.K. offers 14 years' worth of data on private equity's involvement in the legal market, demonstrating for U.S. firms what worked, what didn’t and why, and illustrating several lessons about operational readiness, cultural fit and timing, says Tom Lenfestey at The Law Practice Exchange.
When firms attempt to deliberately organize their expertise, client relationships, business development, and thought leadership around specific industry verticals – sometimes called industry sector programs – several missteps commonly arise, but with discipline and alignment any firm can successfully grab market share, say Heidi Gardner at Harvard Law School and David Harvey at Harvey Global Consulting.
Firms of all sizes are accelerating lateral hiring of experienced partners because investing in senior expertise can pay off big — but for such an investment to work, firms need a disciplined strategy for vetting candidates, supporting their integration, and ensuring they'll generate real returns, says Shireen Hilal at Maior Strategic Consulting.
Similar to the way the transfer portal changed how many NCAA men’s basketball teams are built, artificial intelligence use in the legal industry is changing BigLaw’s lateral hiring market and creating a field where midmarket firms that develop their talent will hold an edge in the legal profession's next era, says Michael Ott at Ice Miller.
While wellness programs, flexible schedules and mental health resources are meaningful steps toward addressing burnout in the legal industry, a more effective approach must involve a redesign of law firm incentive structures, says retired attorney Jason Ward.