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As legal departments face mounting pressure to manage costs, increases in hourly billing rates from law firms appear to be moderating, with the first few months of 2025 presenting a snapshot of this reality, according to a recent report from Wolters Kluwer's ELM Solutions.
Legal department hires in the last month included high-profile appointments at the Association of Corporate Counsel, GE Vernova, and an AI startup named Anthropic, which snagged a California legal legend. Here, Law360 Pulse looks at some of the top in-house announcements from the past few weeks.
Global real estate firm Hines announced Tuesday that it's hired a former executive managing director and general counsel for financial company Cantor Fitzgerald as its new general counsel, chief compliance officer and managing partner in its New York City office.
Haynes Boone, an international law firm that got its start more than 50 years ago in Dallas, signed on recently as counsel to the new Texas stock exchange, represented Sabre Corp. in a $1.1 billion sale of its hospitality solutions business and obtained a complete trial court dismissal of a complex $1.3 billion subrogation action against Chiyoda International Corp.
Weil Gotshal & Manges LLP announced Tuesday that it has continued its boomerang hiring streak with the addition of two partners who began their legal careers at the firm, including another intellectual property lawyer from Latham & Watkins LLP.
Law360's annual list of regional powerhouses reflects not only the work of exemplary firms, but also emerging legal trends in each state, from matters involving Colorado's growing life sciences industry, to an uptick in bankruptcies in Delaware, to the continued flurry of intellectual property litigation in California.
A Texas federal judge temporarily blocked the state attorney general from enforcing a new state law that requires proxy advisory firms to disclose when their advice stems from factors such as diversity and inclusion, siding with the companies that argued the law breaches the First Amendment.
A Texas state appeals court has reversed a $765,000 summary judgment awarded to personal injury lawyer Tony Buzbee in a dispute with an attorney who said she was never paid for her contributions to his 2019 Houston mayoral campaign.
Quinn Emanuel Urquhart & Sullivan LLP has urged a Massachusetts federal court to send a dispute over $30 million in legal fees allegedly owed by former client Desktop Metal back to state court to hash out claims with its parent company Nano Dimension, while Nano says the dispute belongs in Texas bankruptcy court.
Sullivan & Cromwell LLP leads this week's edition of Law360 Legal Lions, after the Fifth Circuit vacated a pair of Biden-era regulations aimed at bolstering transparency in the short-selling market.
Thompson Coe Cousins & Irons LLP has elected 18 new partners from rosters in six offices in Texas, Colorado and Louisiana, the largest partner class in the firm's history.
Federal judges disagree about the necessity of a proposal to move the U.S. Marshals Service out from under executive branch control over fears that President Donald Trump may order marshals to stop protecting federal judges who rule against him or not to enforce those judges' orders.
The number of examinees passing the multistate bar exam in July continued to gain momentum, with near record highs seen this summer over the past 12 years, according to an announcement from the National Conference of Bar Examiners.
A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. Law360 reveals the list of attorneys whose commitment to legal excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the second quarter of the year.
BigLaw firms announced a slew of new hires this week as the legal industry sees August recede in the rearview mirror. Test your legal news savvy here with Law360 Pulse's weekly quiz.
The rising use of generative artificial intelligence tools that allow attorneys to get work done faster is creating tension with the traditional model of billable hours. Here, six legal leaders give their take on whether AI will eliminate the billable hour.
Morrison Foerster LLP has hired a longtime Boston Consulting Group executive, who the firm said in a Thursday announcement will implement its digital and artificial intelligence strategies and will be responsible for its digital transformation initiatives.
Barnes & Thornburg LLP has deepened its corporate bench with a partner in Nashville who joined from Polsinelli PC and a counsel in Dallas who came aboard from Morgan Lewis & Bockius LLP.
Matey, a legal technology startup that developed artificial intelligence-powered tools for criminal defense, secured a $7.5 million seed round Wednesday.
Several law firms in the Mid-Atlantic region experienced a busy month of office moves in August, with New Jersey in particular seeing a number of relocations.
After more than 40 years advising companies like Halliburton, Dell Technologies and Walmart on employee benefits and compensation matters, in-house counsel Lisa Cummings recently moved into private practice.
A former Jackson Walker LLP partner accused of hiding a romance with a former Texas bankruptcy judge asked a court Tuesday to toss a group of bondholders' proposed class action over their company's Chapter 11 proceeding.
Balch & Bingham LLP added a new energy partner in Austin, Texas, who has almost three decades of experience handling regulatory, transaction and litigation matters, including at his own firm.
Dallas-based alternative legal service provider Level Legal announced Wednesday the hiring of a chief technology officer and vice president of e-discovery who has prior leadership experience at digital business services group Ricoh and forensics and litigation services firm HRSR Consultants.
The Association of Corporate Counsel, the largest in-house counsel advocacy association, has named the vice president and general counsel of GE Appliances as its next president and CEO, effective in November, according to a Tuesday announcement.
Before landing a published quote, feature or interview, law firms should articulate the content’s purpose and develop a strategic plan for repurposing it to ensure they’re aligning public relations efforts with measurable business outcomes, says John Hellerman at Hellerman Communications.
Julie LaEace at Perkins Coie offers tips for attorneys acting as pro bono coordinators, including how to choose appropriate projects, how to encourage participation and why it is important to keep in touch with legal aid partner organizations.
Amid uncertainty in the legal job market, attorneys who are considering a transition to a leadership role must fundamentally reimagine their approach to value creation and develop a new set of skills, say Stacy Bratcher at Cottage Health and Michael Watkins at Genesis Advisers.
As the legal industry increasingly looks to impose responsive guardrails for artificial intelligence use, firms and organizations’ internal use policies, outside counsel guidelines and vendor contracts can address confidentiality and data retention concerns in several ways, say attorneys at KXT Law.
Firms can develop a strong pro bono culture without hiring dedicated professionals through strategies like demonstrating active involvement by leadership, tailoring volunteer tasks to individual professional development needs and building trusted partnerships within the legal aid community, says Stacy Zinken at Paladin.
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Biz Development Tip Of The Month: Extend Your Content's LifeAttorneys often limit the impact of their thought leadership by letting their content languish after initial publication, but through four easy strategies for retooling existing content, they can maximize its reach and further their business development goals, says Jillian McKenna at Verrill Dana.
As the student debt crisis evolves under changing federal policies, firms that proactively address the burden will have significant advantages in recruiting and retaining the best young lawyers, says Brian Kabateck at Kabateck.
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Talking Mental Health: Encouraging New Attys To Find JoyRudene Haynes at Hunton discusses her experiences as a hiring partner, common sources of stress that newer attorneys face and steps that law firms can take to protect their attorneys' mental health and encourage personal life fulfillment.
The incident response plan developed by the Florida Bar's cybersecurity and privacy committee might not seem all that consequential, but it's a long overdue framework that could go a long way toward protecting the highly sensitive data law firms handle — and could even set a model for other professional organizations to follow, says Chris Boehm at Zero Networks.
Justice Ketanji Brown Jackson’s searing dissents this past term serve as a reminder for attorneys to analyze U.S. Supreme Court minority opinions in their thought leadership for three key reasons, says Jessica Kaplan at Legally Penned.
Mozart’s opera “The Magic Flute” offers a useful framework for attorneys to build relationships and develop new business, inspired by Prince Tamino’s curiosity, courage and consistency, says Paul Manuele at PR Manuele Consulting.
As in-house legal departments are increasingly expected to do more with less, developing a thoughtful framework to measure key performance indicators can help them both maximize and demonstrate their contribution to business success, say co-founders at New Era ADR.
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Defining The Culture For A Legal NonprofitWe co-founded The International Academy of Financial Crime Litigators to connect leading trial lawyers, litigation experts and academics, and our experience has shown that embracing opportunity, responding fearlessly to market realities, and relentlessly defining the organization’s culture have all been integral to success, say Stéphane Bonifassi, Lincoln Caylor and Elizabeth Ortega.
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 MenteeMentorship 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.