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As BigLaw firms continue to post record-breaking revenues, we're highlighting the firms that reported more than $1 billion in gross revenue in the most recent calendar year.
Check out our Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, attractiveness to attorneys and law students, ability to secure accolades and positive legal news media representation.
Clients gravitate towards firms with sterling reputations, and so does exceptional legal talent. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction.
International law firm Ontier has expanded its reach into the Lone Star State through an of counsel relationship with the Dallas-based managing attorney of Gutierrez Law Group PLLC.
Paul Hastings LLP announced Tuesday that it has added a Houston-based energy deal lawyer from Baker Botts LLP, expanding the firm's transactional capabilities in the energy industry and strengthening its Texas platform.
While shifts this year in federal diversity, equity and inclusion guidelines may have changed the way corporate legal teams track and share demographic information — including for their external counsel — a panel of in-house attorneys who spoke Monday said their work on the issue continues.
CIBC Bank has asked a Texas federal court to impose sanctions on a rival litigant, its principal and one of its attorneys, saying the patent claims they brought were "vexatious and substantively unsuccessful in every single aspect."
The attorney who has served for more than four years as general counsel of Ashford Hospitality Trust Inc. and Braemar Hotels & Resorts Inc. is stepping down from his role in mid-December, according to filings Friday with the U.S. Securities and Exchange Commission.
A Texas personal injury law firm argued that a federal judge was mistaken when he ruled that a paralegal was an independent contractor for only the first part of her tenure, urging the court to reconsider the decision days before a trial in the wage case.
The federal court system has run out of money and will scale back operations beginning Monday as a result of the ongoing government shutdown, possibly leading to case delays.
Robinson & Cole's handling of a $146.5 million healthcare transaction and Munger Tolles' defense of OpenAI in a trade secrets suit lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Oct. 3 to 17.
Caldwell Cassady & Curry PC and Miller Fair Henry PLLC lead this week's edition of Law360 Legal Lions, after a Texas federal jury found Samsung must pay nearly $445.5 million for infringing four wireless communication patents.
Austin, Texas-based wealth management company Kestra Holdings has brought on a new general counsel in anticipation of its current legal leader's retirement, and has announced plans to launch a secondary headquarters in Arizona.
The proposed tie-up of Midwest-based Frost Brown Todd LLP and Northeast middle-market peer Gibbons PC is being praised as a smart combination in an increasingly competitive middle market where consolidation pressures are driving an increase in merger activity.
Reid Collins & Tsai LLP co-founder William T. Reid IV believes law schools don't do a good enough job of showing students all their options and instead push them toward a BigLaw career they may not find fulfilling. So he wrote a book touting the virtues of a career as a plaintiffs attorney.
This was another action-packed week for the legal industry as law firms expanded their operations and hired C-suite executives. Test your legal news savvy here with Law360 Pulse's weekly quiz.
A former paralegal for a Texas law firm was an independent contractor for the first four years at the firm, but an employee for the remaining two, a federal judge ruled while denying her bid to snag a win on her overtime and minimum wage claims.
The Fifth Circuit stood by its decision to scuttle a contempt order mandating religious bias training for attorneys representing Southwest Airlines in a flight attendant's discrimination suit, but tweaked a May panel ruling to instruct a trial court to impose "narrowly tailored" sanctions.
Attorneys who agree to work as neutral, third-party mediators must make it explicitly clear that they are not advising or holding privilege with participants, the American Bar Association has warned in its latest ethics opinion.
For the first time in more than two decades, Texas law students taking the July bar exam for the first time had a passage rate of more than 90%, the highest rate since at least 1997, according to a recent statistical report.
Chamberlain Hrdlicka White Williams & Aughtry has boosted its bankruptcy team with the addition of a shareholder who previously co-managed the Houston office of Eversheds Sutherland, where he practiced for over two decades.
Dorsey & Whitney LLP has strengthened its finance and restructuring practice with a Dallas-based partner who came aboard from K&L Gates LLP.
Thompson Coburn LLP has expanded its corporate and securities practice group with the addition of a Dallas-based partner who joined from Gulf Coast regional firm Lugenbuhl Wheaton Peck Rankin & Hubbard.
Johnson & Johnson talc spinoff Red River Talc has again urged a Texas bankruptcy judge to reject Brown Rudnick LLP's $4.3 million fee request for representing the talc claimants committee in Chapter 11 proceedings, arguing that the firm's retention was never approved and its services "were unnecessary, inappropriate and duplicative."
Barnes & Thornburg LLP announced Tuesday it has added attorneys in Dallas and Atlanta to bolster its real estate department, including another addition from Morris Manning & Martin LLP.
Law firms that successfully manage two-tiered partnership do so by creating a culture that treats everyone with respect and by establishing financial incentives outside their base compensation to reward performance, says Carol Morganstern at Major Lindsey.
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Biz Development Tip Of The Month: Leverage Your Atty Bio
If maintained properly, your firm bio can help attract potential clients and create authentic connections, so it's crucial to take steps to write an updated attorney profile that goes beyond a list of credentials, says Raychel Lean at Reputation Ink.
Eran Kahana at Maslon discusses how partners can encourage responsible use of artificial intelligence tools within their firms by learning to spot pitfalls common to AI-generated work product and championing firmwide procedures and trainings that address the risks of uncritically relying on this powerful but imperfect technology.
Law firm culture is often dismissed as a soft factor — merely platitudes on a website that seem disconnected from the bottom line — but by intentionally embedding a strong culture into day-to-day operations, law firms can achieve sustainable success, says Shireen Hilal at Maior Strategic Consulting.
To ensure that lateral partners effectively integrate their books of business, firms should design a structured transition plan based on a few fundamentals, from tracking the right data to implementing meaningful incentives, says Lana Manganiello at Practice Growth Partner.
As law firms continue to wrestle with return-to-office policies, many are being pulled toward one or the other of two extremes: the rigidity of a five-day in-office schedule and the laissez-faire approach of a flexible three-day hybrid model — but a four-day in-office workweek may be the sweet spot, says Paul Manuele at PR Manuele Consulting.
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Biz Development Tip Of The Month: Prioritize Connections
One reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.
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Talking Mental Health: Caring For Everyone As A Firm Leader
Reid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.
LinkedIn has several features law firms can use to showcase their capabilities and thought leadership to reach prospective and existing clients, including the Event and Live features, says Sofia Millar at Reputation Ink.
Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.