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Multiple firms swiftly fell in line Tuesday evening just hours after Cravath Swaine & Moore LLP announced associate bonuses in line with those offered last year, continuing a long tradition of BigLaw firms following Cravath's lead on compensation.
In its first partner class since the merger of Troutman Pepper Hamilton Sanders LLP and Locke Lord LLP at the beginning of the year, the newly combined Troutman Pepper Locke announced Tuesday it would be elevating 20 attorneys to the firm's partnership in January.
Eighty-three percent of U.S. and Canadian associates receive a yearly annual review, but there is room for improvement in how law firms evaluate their attorneys' performance, according to a new study.
A former BakerHostetler attorney recently moved his patent practice to Flaster Greenberg's Philadelphia office as the firm continues to expand its intellectual property team.
The primary factor determining whether a law firm associate receives a year-end bonus is not individual performance, firm performance, or firm citizenship. Instead, it is the number of billable hours they've logged, according to the results of a new survey from Law360 Pulse.
The nonequity partner tier is expanding across law firms, but compensation within this group varies widely, ranging from associate-level pay to earnings on par with equity partners. A deciding factor in where they fall on the scale, experts say, is often who brings in the clients.
Most lawyers say they’re satisfied with their compensation— but at firms that are open about pay, satisfaction nearly doubles. Explore our latest analysis of law firm compensation practices and what drives top talent.
A former Eckert Seamans Cherin & Mellott LLC attorney accused of ethical violations related to promoting the Par Funding merchant cash advance business told a Pennsylvania disciplinary panel Monday that all he did was zealously represent his client, who pitched the ill-fated enterprise to potential investors.
Increasing demand and especially rising billing rates have made for a strong first nine months of 2025 for the legal industry, according to a report released Monday by Wells Fargo's Legal Specialty Group, with the top 50 firms by revenue seeing the best performance.
The Pennsylvania Supreme Court has disbarred a Philadelphia plaintiffs attorney over years of reported misconduct at the state and federal level, including alleged botched discovery deadlines and paying for a homeless client's hotel room.
The Law School Admission Council is continuing its push to toss a proposed class action accusing it of fixing application fees with its member schools, saying in a Pennsylvania federal court filing last week that the applicant's opposition to its dismissal motion "entirely fails to engage with the incoherence at the core of his case."
A former legal assistant for Pennsylvania-based collection firm Tsarouhis Law Group can move ahead with her Americans with Disabilities Act lawsuit alleging the firm's refusal to accommodate her anxiety caused her to lose her job there after just about a week.
Potter Anderson's representation of Pfizer in a suit against Novo Nordisk and Burr & Forman's work on a $500 million joint partnership lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Oct. 31 to Nov. 14
McDermott Will & Schulte's confirmation that it is considering taking investment from private equity is part of a wider wave of law firms of all sizes actively exploring the novel maneuver amid mixed opinion as to whether it makes sense for BigLaw.
Claiming that scheming and collusion is an "everyday" occurrence should not absolve a law firm from civil liability for poaching attorneys, California firm Keesal Young & Logan has told the Los Angeles County Superior Court, saying Stradley Ronon Stevens & Young LLP should not escape its suit on claims that its lawyer recruitment is normal.
Sidley Austin LLP and Orrick Herrington & Sutcliffe LLP lead this week's edition of Law360 Legal Lions, after a Washington federal jury cleared Novo Nordisk of allegations that it defrauded the state's Medicaid and Medicare systems by paying kickbacks and promoting off-label use to illegally boost prescriptions of its hemophilia drug NovoSeven.
The legal industry had another busy week with more lateral hires and leadership changes, and one BigLaw firm exploring private equity investments.
A group of former federal judges on Thursday condemned what they called "inflammatory remarks" last week by Deputy U.S. Attorney General Todd Blanche detailing the U.S. Department of Justice's "war" with "rogue activist" judges.
A Pennsylvania federal judge has been asked to slow down aggressive marketing campaigns from claims recovery firms that are accused of using false and misleading advertising to attract plaintiffs in a multidistrict litigation action against pharmaceutical companies.
New York University School of Law and others accused of smearing the name of a former Philadelphia prosecutor in a criminal justice report told a Pennsylvania federal judge on Wednesday that the work is protected by the fair reporting privilege, which shields authors from liability for fair and accurate reporting.
Hilgers Graben PLLC said Tuesday that the commercial litigation and discovery counsel services firm has new leadership and a shortened name that reflects both its current status and future goals.
Lateral partner hiring data for the last five years paints a surprisingly static portrait of where top law firms are making the most hires, even as they warm up to secondary and tertiary legal markets.
Cozen O'Connor has named the practice technology and e-discovery director at Shepherd Mullin Richter & Hampton LLP as the new operations director for its electronic discovery business unit.
The attorneys chosen as Law360's 2025 MVPs have distinguished themselves from their peers by securing significant achievements in high-stakes litigation, complex global matters and record-breaking deals.
Philadelphia-based credit card asset manager Fidem Financial has brought on a new in-house attorney to lead its legal department as part of the recent expansion of the company's executive team.
A few key trends have arisen in partners’ lateral movements in the first half of 2025, reflecting a legal market defined by macroeconomic uncertainty, shifts in firm structures and rising scrutiny of firm affiliations, say legal recruiters at Macrae.
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Biz Development Tip Of The Month: Be A Mentor Or Mentee
Mentorship is a powerful tool for business development when both mentors and mentees approach their relationships with strategic purpose, ensuring professional success while supporting broader business goals, say Angela Liu at Dechert and Jessica Lewis at WilmerHale.
Junior attorneys are increasingly expected to start building books of business while they are still figuring out their long-term career goals, but a few pointers can help young lawyers develop business even when they’re uncertain about their future direction, says Lana Manganiello at Practice Growth Partner.
As cyberattacks on law firms continue to escalate, bar associations, law firms and individual lawyers must all take steps to protect client funds in attorney trust accounts — from imposing cyber hygiene mandates to reimagining malpractice coverage — because once that money is gone, it’s generally gone for good, says Michael Epstein at The Epstein Law Firm.
Pricing strategy is one of the most consistently discussed but underleveraged tools in a firm's arsenal, and rather than keeping hourly billing because it's easy, firms should consider their differentiators when structuring more effective fee models, says Shireen Hilal at Maior Consultants.
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Achieving Organic Growth For A Legal Nonprofit
We started Law Rocks to promote music education for underprivileged youth and raise funds for local nonprofits, and our 15-year journey has shown that enthusiasm, persistence and a great network can lead to a surprising amount of organic growth, say Nick Child and Ted Scott at Secretariat.
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Biz Development Tip Of The Month: Engage With The Media
Business development is all about awareness — and by taking existing skills and adapting them to build media relationships and thereby address today's audiences, lawyers can expand their outreach and use thought leadership to build a more complete, compelling personal brand, says Michael Goodwin at Stanton PR.
When seeking outside legal advisers, general counsel want commercially savvy lawyers who cultivate relationships of trust with their in-house counterparts, back up the GC's authority and focus on actionable advice instead of abstract legal analysis, say Andrew Dick at The L Suite and Rob Morvillo at Olo.
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Generating Confidence In A Legal Nonprofit
I started LawWithoutWalls to change the way legal professionals see and think about their world, and it taught me the importance of giving people a reason to believe in your nonprofit mission, as well as how to achieve work-life integration, says Michele DeStefano at the University of Miami.
Nonequity partners report the lowest satisfaction, highest stress and poorest financial outlook of any group of lawyers, highlighting a growing structural disconnect that leaves attorneys at many firms feeling like the ladder has been pulled up behind those who already ascended, says Jake Carroll at Nelson Mullins.
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Building Brand Awareness For A Legal Nonprofit
I co-founded the Bridging the Gap Scholarship as a way to increase minority representation in BigLaw, and my advice for other legal professionals starting a nonprofit is to focus on building brand awareness early on, and to get comfortable delegating work to a dedicated team, says Imani Maatuka at Sidley.
Understanding where colleagues in other practice areas shine can help attorneys confidently cross-sell each other's services and bring in business to keep the firm afloat in hard times, says Joe Calve at Calve Communications.
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Biz Development Tip Of The Month: Advertise Ethically
Business development in the legal industry is about building authentic connections and showcasing expertise in a way that reflects reality, and, when done right, it can elevate a practice, establish credibility and bring in clients without risking an ethics violation, says Melody Jackson at Robinhood.
Molly Ranns at the State Bar of Michigan suggests five ways to smooth a colleague's return to practice after short-term mental health leave, while creating a firm culture that protects employees’ emotional health.
Amid a rapidly changing regulatory environment and a fierce market for talent, companies hoping to attract the best chief legal officers must have a strong grasp of their roles’ biggest selling points, and any roadblocks that may prevent them from recruiting the strongest choice, says Heather Fine at Major Lindsey.