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Milbank LLP is continuing to lead the way on bonuses, confirming Monday it has issued a round of special bonuses ranging from $6,000 for the class of 2026 and 2025 associates to $25,000 for the class of 2021 associates and beyond.
BigLaw firms are expanding artificial intelligence-focused roles from the C-suite to associate and partner levels.
Large law firms have grown their non-equity partner tiers at a relatively rapid clip in recent years, with some implementing the position for the first time. For many firms, that means hard decisions around how they will trim the ranks and remain profitable are on the horizon.
Ruby Kless Sondock, the first woman to serve as a Texas Supreme Court justice and as a district judge in Houston, was remembered as a legendary figure who was ahead of her time following her death earlier this week at 100.
Sullivan & Cromwell LLP and McGuireWoods LLP lead this week's edition of Law360 Legal Lions, after the Fourth Circuit reversed class certification in an investor lawsuit against Boeing over the company's alleged concealment of safety issues with its 737 Max fleet.
The legal industry marked another busy week with new insight into law school grads and expanded BigLaw firm offerings. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Everest National Insurance Co. told a Texas federal court it has no duty to pay for Bush & Bush Law Group PC's defense in 14 barratry lawsuits, but the firm has taken to litigation to try to strong-arm it into doing so.
An analysis of nine years' worth of federal workforce data covering 1,482 public companies released Thursday links diverse management teams with companies that financially perform significantly better than Homogeneous ones, while all white male teams consistently underperformed.
Former McGuireWoods LLP Chairman Robert L. Burrus, who helped expand the firm's global footprint and launch its government relations arm, is being remembered as a fair, kind and brilliant leader whose recent death leaves a long-lasting legacy at the firm and his alma mater, the University of Richmond.
Barnes & Thornburg LLP said Thursday it has added three new partners, two in Dallas from Vedder and one in Washington, D.C., from Cleary Gottlieb Steen & Hamilton LLP, increasing the firm's white collar, compliance and investigations practice to 18 former assistant U.S. attorneys.
As some law firms are engrossed with adopting certain artificial intelligence tools, Sheppard believes greater gains can be achieved by focusing on a technology-based program that promotes behavioral changes in how attorneys and staff view AI tools.
Attorneys representing the government could face "more demanding" obligations to disclose misconduct by people within their client organizations than attorneys representing private entities, according to an ethics opinion issued Wednesday by the American Bar Association.
Nearly 12% of the class of 2024 have already left their first jobs at the top 50 firms, and Kirkland & Ellis LLP has taken in the most first-year laterals, according to new statistics from legal data company Firm Prospects LLC.
McGuireWoods LLP has added depth to its energy sector finance offerings with a Houston-based partner who came aboard from Kirkland & Ellis LLP.
A Texas federal judge has recommended letting California law firm Bartko Pavia out of a lawsuit brought by litigation boutique Williams Simons & Landis PC over alleged unpaid legal fees, saying attorney immunity shields the California firm.
A Genesis Healthcare shareholder accused of manipulating the company into a deal that cost it $50 million has asked a Texas bankruptcy judge to disqualify Sidley Austin LLP from representing Genesis in an adversary lawsuit, alleging the law firm advised the nursing home operator on a transaction connected to the suit.
U.S. business interests are turning to state legislatures to stymie litigation funders after a string of failed efforts in Congress, fueling a flurry of recent legislation that could shape the future of the multibillion-dollar industry.
International labor and employment law firm Fisher Phillips has added a four-attorney team through a combination with Dallas litigation boutique Stewart Law Group PLLC.
Kirkland & Ellis LLP has added a Willkie Farr & Gallagher LLP real estate partner who advises his clients on digital infrastructure transactions and construction financing.
Practice group leaders at the 50 largest law firms in the U.S. by revenue are increasingly on the move, with data showing lateral hiring rising substantially in the position over the last five years as law firms look to make good on their growth strategies via splashy additions.
A professors union and its Texas affiliate asked a Texas federal court to stop Texas Tech University's chancellor and board from enforcing policies that, the unions say, censor academic speech on race, gender identity and sexual orientation, arguing the policies will cause irreparable harm to the university's teachers.
Texas regional firm Kane Russell Coleman Logan PC has bolstered its intellectual property offerings with new directors in Austin and Dallas, one joining from Akerman LLP and another from Hilgers PLLC.
Jackson Walker LLP and the U.S. Trustee's Office, grappling with the aftermath of a romantic relationship between one of the firm's former partners and a then-bankruptcy judge, will not be able to delay pretrial proceedings to continue negotiating a possible settlement, a judge ruled Monday.
K&L Gates LLP's former legal operations chief has left the firm to take on a similar role at Jackson Lewis PC, news that comes just days after a round of staff layoffs were confirmed at K&L Gates.
The U.S. Trustee's Office has urged a Texas bankruptcy judge to reject MMA Law Firm's Chapter 11 liquidation plan, arguing that it improperly seeks to extend bankruptcy protections to nondebtor individuals, including the firm's founder, and requires estate funds to pay health insurance premiums for insiders.
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Biz Development Tip Of The Month: Make An Onboarding Plan
The investment required for a personalized client onboarding plan is minimal, but the return on investment — measured in client satisfaction, relationship strength and longevity, client referrals, and other business development opportunities — can be extraordinary, says John Reed at Rain BDM.
A number of trends will continue to reshape how people search, consume and trust information next year, and law firms will need to adopt forward-thinking content strategies — from generative engine optimization to interactive legal tools — to stand out, says Elizabeth Lampert at Elizabeth Lampert PR and Nancy Myrland at Myrland Marketing and Social Media.
Trends and statistics reveal that law firms of all sizes and practice areas remained attractive litigation targets this year, so firms must take concrete steps to avoid professional liability risks in the year to come, say Douglas Richmond and Andrew Ricke at Lockton Companies.
New job archetypes are rapidly replacing the traditional model of the lawyer as artificial intelligence proliferates, and to remain competitive, firms will need to embrace the diverse portfolio of talent required to navigate, design and critique algorithmic systems, says Dmitri Mehlhorn at Atoll Society.
Legal management services organizations, which outsource the administrative aspects of law firms to separate entities, are poised to disrupt the industry in the year to come, so firms and attorneys should consider the advantages and disadvantages of several MSO models, say Frederick Shelton and Ayven Dodd at Shelton & Steele.
Impostor syndrome prevails as a main root cause of attorney burnout, but sufferers can equip themselves with a series of practice tips that build confidence through evidence, not emotion, to address the mindset behind this damaging condition, says Jonathan Cohen at PNY.
Today's general counsel expect outside lawyers to show interest, relevance and value long before there is a live matter to address, including by engaging with attorneys at every level of the company and dispensing free advice thoughtfully, says Andrew Dick at The L Suite.
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Biz Development Tip Of The Month: Start Early In Your Career
Having the courage to embark on your legal business development strategy early in your career allows you to sooner reap the rewards of a strong network, which in turn can increase the momentum of referrals over the course of your career, says Kristin Housh at Sheppard Mullin.
As the legal profession navigates changes driven by artificial intelligence and broader pressures, leaders should consider behavioral research-backed strategies to translate enthusiasm into tangible results for team performance, say attorneys at King & Spalding.
Though law firms and private equity firms appear to be strange bedfellows, such combinations may offer opportunities for ailing midsize firms — which must be weighed against risks to culture, brand and growth prospects, say directors at FTI Consulting.
This year's Buying Legal Council Conference highlighted three emerging forces in how buyers and sellers operate in the legal ecosystem — artificial intelligence, data and preferred panels — and organizations would be well advised to combine them into an integrated framework for transparency, performance and collaboration, says Matthew Prinn at RFP Advisory Group.
As legal departments face mounting pressure to do more with less, general counsel should lead a structured process for adopting generative artificial intelligence tools to transform productivity, manage risk and align with enterprise priorities, says Maesea McCalpin at Gartner.
Amid law firm layoffs of business development staff, lawyers cannot depend solely on their firms to foster their professional growth, and must instead create their own initiatives for building community, says Lana Manganiello at Practice Growth Partner.
As artificial intelligence changes the dynamic between in-house and outside counsel, both internal and external legal teams must thoughtfully reimagine how to mutually leverage AI tools to collaborate and deliver successful outcomes, say Karineh Khachatourian at KXT Law and Diane Honda at Redis.
Sirisha Gummaregula at QuisLex offers advice on navigating the challenges that come with taking on an in-house counsel role after leaving law firm life, including learning your company's business goals and leading with empathy and collaboration.