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With higher interest rates and fights over disclosure rules on the horizon, the litigation finance industry is in a tenuous place, but it's not slowing down, a series of experts said at the International Legal Finance Association 2024 Conference on Monday.
The legal chiefs at Microsoft and Walmart are among about a dozen leading corporate lawyers who soon will be recognized at the Burton Awards as "Legends in Law" for their track records of addressing complex matters and creativity in solving challenges.
Weil Gotshal & Manges LLP announced Monday that it has welcomed back an infrastructure lawyer who has rejoined the firm in Houston after six years with Simpson Thacher & Bartlett LLP.
Vinson & Elkins LLP announced Monday that it has fortified its finance practice with an energy savvy partner in Houston who came aboard from White & Case LLP.
Squire Patton Boggs LLP announced Monday that partner Scott A. Kane, who previously managed its Cincinnati office, has been appointed a co-chair of the firm's global litigation practice.
Global immigration law firm Berry Appleman & Leiden is facing a disability discrimination suit filed Friday in Texas federal court by its former software tech lead, who says the firm set him up to fail when he sought reasonable accommodations for a coding project due to side effects from his medication.
Reichman Jorgensen Lehman & Feldberg LLP and Bryan Cave Leighton Paisner LLP lead this week's edition of Law360 Legal Lions, after an Illinois federal jury found that Amazon owes $525 million in damages for infringing three patents covering cloud data storage technology.
Nelson Mullins Riley & Scarborough LLP has added two new partners to its litigation practice from K&L Gates LLP and Spencer Fane LLP, one who practices franchise and distribution law and the other who handles healthcare enforcement matters.
W&T Offshore Inc. announced that an experienced in-house attorney who has served in general counsel roles with companies such as ExxonMobil and Comerica Bank has been appointed to its recently expanded board of directors.
Hagens Berman being named interim lead counsel of a rent price-fixing proposed class action and Seward & Kissel's work on a finance industry acquisition lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from March 29 to April 12.
White & Case LLP in recent months has become a virtual magnet for attracting top-notch laterals working in mergers and acquisitions, with the firm aggressively moving to hire partners in one of the legal industry's most competitive and elite job markets.
The longtime top attorney for Mary Kay Inc. has returned to private practice at trial litigation firm Lynn Pinker Hurst & Schwegmann LLP in Dallas after more than two decades in-house, in what she calls a full circle moment bringing her back to her roots.
Law360 Pulse covered the biggest legal news this week, including new reports on law firm attrition, gender parity in law firms' real estate practice groups, and first quarter law firm combinations. Test your legal news savvy here with Law360 Pulse's weekly quiz.
The chief legal officer of American Airlines earned a total of $7.7 million in 2023, according to a proxy statement filed Thursday with the U.S. Securities and Exchange Commission.
The Consumer Financial Protection Bureau sparred Thursday with a coalition of trade groups over recusal standards in their Fifth Circuit lawsuit challenging the agency's new $8 credit card late fee rule, arguing that a judge's ownership of stock in a major card-issuing bank ought to be disqualifying in itself.
Morgan Lewis & Bockius LLP has hired the former head of Hogan Lovells' transportation practice as a Washington, D.C.-based partner and co-leader of its global automotive and mobility practice.
Despite a modest recovery in the latter half of last year, law firm lateral recruitment tapered off once again in the first quarter of 2024, with the hiring of associate candidates dropping the most during that period, according to Firm Prospects LLC.
In a split decision Thursday, a Houston attorney accused of malpractice was handed a win by the majority of a three-justice Lone Star State appellate panel that cleared her of negligence in connection with a 2014 contract inked between the owner of a property management company and a pair of apartment complex investors, finding that she obtained no "improper benefit" from representing both sides.
Spencer Fane LLP has added two new real estate partners to its Dallas office, including a former in-house general counsel at a marina company and a former Bradley Arant Boult Cummings LLP attorney.
Senate Majority Leader Chuck Schumer, D-N.Y., along with 37 other Democratic and two independent senators, introduced legislation on Wednesday to codify the new Judicial Conference of the United States policy against judge shopping after pushback from Republicans and a Texas court.
Law firms' hiring of new associates and the rate at which associates moved on both declined in 2023 for the second consecutive year, while more female associates were hired than male, according to a study released Wednesday.
When interviewed about client service, corporate legal decision-makers praised a select few law firms, even as the overall satisfaction of corporate clients has fallen in recent years, according to a report released Wednesday by BTI Consulting Group.
The former general counsel of supply chain software company E2open Inc. has jumped aboard legal technology company Onit Inc., following in the footsteps of former E2open CEO Michael Farlekas, who made the leap in January.
Law360 Pulse spoke with Gene Besen, managing partner of Bradley Arant Boult Cummings LLP's Dallas shop, about how the firm is expanding its footprint there to accommodate the growing operation.
After months of turbulence marked by a co-founder's unexpected departure, e-discovery software company CS Disco hired Eric Friedrichsen as president, CEO and a member of its board of directors Wednesday.
Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
Series
Ask A Mentor: How Do I Relay Shortcomings To Associates?Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
Series
Ask A Mentor: How Can New Partners Generate Business?Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
Opinion
Law Firms Stressing Work-Life Balance Are Missing The MarkLaw firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.