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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.
Some law firms find that people are the hardest part of their business to modernize, not technology and processes, according to staffing agency Forrest Solutions Legal's 2025 Future of Work Survey Report.
Though effective writing is foundational to law, no state requires attorneys to take continuing legal education in this skill — something that must change if today's attorneys are to have the communication abilities they need to fulfill their professional and ethical duties to their clients, colleagues and courts, says Diana Simon at the University of Arizona.
In the most stressful times for attorneys, when several transactions for different partners and clients peak at the same time and the phone won’t stop buzzing, incremental lifestyle changes can truly make a difference, says Lindsey Hughes at Haynes Boone.
Series
Ask A Mentor: How Can I Support Gen Z Attorneys?Meredith Beuchaw at Lowenstein Sandler discusses how senior attorneys can assist the newest generation of attorneys by championing their pursuit of a healthy work-life balance and providing the hands-on mentorship opportunities they missed out on during the pandemic.
A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.
There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.
Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.
Opinion
Attorneys Should Have An Ethical Duty To Advance DEINational and state bar associations are encouraging attorneys to apply diversity, equity and inclusion practices in the legal profession and beyond, and these associations should take it one step further by formally recognizing ethical duties for attorneys to promote DEI, which could better the legal profession and society, says Elena Mitchell at Moore & Van Allen.
Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.
Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.
To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.
Series
Ask A Mentor: How Can I Negotiate My Separation Agreement?Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
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.