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Cravath Swaine & Moore LLP and Faegre Drinker Biddle & Reath LLP lead this week's edition of Law360 Legal Lions, after a Ninth Circuit panel affirmed Epic Games Inc.'s 2023 antitrust jury trial win, along with an injunction requiring Google to open its Google Play Store to rivals.
As New York private equity heavy hitter Schulte Roth & Zabel LLP merges with McDermott Will & Emery LLP, industry observers say the tie-up is a smart and unique marriage that reflects the trend of consolidation among law firms, especially in markets like New York.
The legal industry ended July with another action-packed week as attorneys took on new firm gigs and in-house roles across the country. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
For the fifth straight month, the U.S. legal industry experienced job growth, adding 600 positions in July, according to preliminary data released on Friday by the U.S. Bureau of Labor Statistics.
Many BigLaw associates haven't seen a base pay scale increase since 2023, and inflation-adjusted associate salaries at large law firms appear to have fallen to a decade low. Additionally, experts say it's unlikely most large law firms will offer a pay boost before the end of the year.
State supreme courts need to address the nationwide "justice gap crisis" caused by too few attorneys, by emphasizing bar exam alternatives and more client work in law school to ensure the legal education pipeline produces new lawyers who are actually ready to practice, according to a new report.
July was a month of debuts for a handful of firms that opened offices and expanded into new markets. Arnold & Porter Kaye Scholer LLP entered the Seattle market with the help of three former K&L Gates LLP attorneys, and boutique Dunn Isaacson Rhee LLP opened its first office in Washington, D.C., after launching earlier this year.
Weil Gotshal & Manges LLP announced Thursday that it has welcomed three intellectual property lawyers from Latham & Watkins LLP, two of whom began their legal careers at Weil and will now co-head its IP, technology and science litigation practice.
K&L Gates LLP announced Thursday that it has named 14 new practice leaders, calling the appointments part of the firm's "commitment to investing in its emerging leaders and establishing the next generation of management."
The class of 2024 was the largest graduating law school class in nearly a decade, but it defied industry expectations by breaking records in overall employment rate, employment in jobs that require or anticipate bar passage, and median salaries, according to data released Thursday.
Law firms take great care to ensure their longevity. To develop leaders, they carefully identify, mentor and groom the next generation. While top firms can outspend them, some firms are finding alternatives to acquire and retain partners. In a bid to win the loyalty of key clients, firms are increasingly involving them in their lateral hiring processes.
Dillard's, the department store and e-commerce retailer, on Tuesday became the latest major company to propose relocating its incorporation headquarters from Delaware to Texas, one of several states now vying for the title of most corporate-friendly.
Womble Bond Dickinson announced Wednesday that it has bolstered its ability to tackle complex disputes and transactions in the construction and commercial sectors with the addition of a partner in Houston who came aboard from Munsch Hardt Kopf & Harr PC.
For over three years, Cahill Gordon & Reindel LLP has operated Cahill Academy, a year-round program for lawyer training, education and professional development. Here, Law360 Pulse talks to an executive committee member and a firm associate about how and why the program works.
As artificial intelligence increasingly becomes part of the way the legal industry does business, associates who incorporate lessons in using the technology into their daily work lives stand to differentiate themselves from other young attorneys, legal experts tell Law360 Pulse.
Jackson Walker LLP has reached another settlement with former bankruptcy clients to resolve fee disputes related to the concealed romance of a former partner with the firm and former Texas bankruptcy Judge David R. Jones, according to a motion filed Tuesday in Texas federal court.
In-house lawyers increasingly are having conversations about their compensation packages, with more than half of corporate legal department respondents saying in a recent survey that they had negotiated their pay in 2024 or 2025, according to findings released Tuesday by a legal executive search firm.
Munsch Hardt Kopf & Harr PC has added a construction and commercial litigator in Dallas who most recently served as a partner with Texas regional firm Griffith Davison PC.
Spencer Fane LLP has boosted its intellectual property practice group with a partner in Austin, Texas, who previously operated his own firm for more than a decade.
A Texas federal judge said he was "perplexed" by a Fifth Circuit panel's decision to reverse his sanction order against an attorney, saying in a Monday opinion that the attorney seemingly flouted the case governing litigation conduct by opposing a bid for an extension to reply.
A Texas magistrate judge has rejected Headwater Research LLC's bid to disqualify McKool Smith LLP from representing AT&T in a wireless patent infringement suit, determining that its attorneys weren't exposed to confidential information while working with a potential business partner.
Jackson Walker LLP has reached a $485,000 settlement with two former bankruptcy clients to resolve a dispute related to the concealed romance of a former partner and former Texas bankruptcy judge David R. Jones, according to a motion filed Friday.
Legal experts are weighing in on comments OpenAI Inc. CEO Sam Altman made during an interview last week about ChatGPT exchanges not having legal privilege, saying information put into the publicly available chatbot are discoverable during litigation.
Prince Lobel Tye LLP announced Monday that it is expanding with its first Texas office in Austin, a six-member team of patent and intellectual property litigators who came aboard from Dickinson Wright PLLC.
Several states are making information about their Supreme Court justices' finances and potential financial conflicts somewhat more accessible, according to a new report.
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
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.
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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.