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Senior-level lawyers are leaving the corporate world to establish firms where they're strategic partners and trusted advisers to growth-stage companies. These fractional general counsel argue that their business model will grow in popularity amid artificial intelligence expansion that's changing legal services.
Burford Capital said it is entitled to $1.4 billion of last week's historic $5.7 billion patent infringement jury verdict against Apple, but the litigation funder cautioned Monday that the massive payday could still evaporate on appeal.
O'Melveny & Myers LLP has spent more than a century evolving alongside California, giving the 141-year-old law firm the depth of resources and experience needed to tackle high-stakes matters this past year, from helping Johnson & Johnson shed $950 million in punitive damages to guiding AI assistant platform Moveworks through a $2.85 billion acquisition.
Cahill Gordon & Reindel LLP is giving out bonuses that range from $6,000 for the class of 2025 to $25,000 for the class of 2018.
Fresh off its antitrust trial loss, Live Nation Entertainment Inc. said it will replace its executive vice president and general counsel of 20 years on Nov. 1 but keep him on staff in other capacities for another three years. He will be replaced by Da-Wai Hu, the general counsel of Chewy Inc.
A recent California Supreme Court ruling could help low-income litigants overcome a court reporter shortage that has left millions of hearings without an official record, undermining their chances of successfully appealing court decisions. For domestic violence survivors, advocates say, that record can mean the difference between challenging a potentially dangerous court order and having no viable path to appeal.
The U.S. legal education system could soon be plunged into disarray, after politics seemed to overshadow substance during an unusual hearing this week on whether to revoke an American Bar Association council's federal status as the primary accreditor of law schools, experts told Law360 Pulse.
O'Melveny & Myers LLP and Reed Smith LLP lead this week's edition of Law360 Legal Lions, after the Ninth Circuit overturned a $140 million class verdict against CenturyLink, holding that the company had a reasonable interpretation of the Fair Credit Reporting Act.
An increasingly competitive marketplace for legal talent and attorneys moving their platforms frequently, recruiters say firms seem to be taking a more active role in monitoring their roster, relying more increasingly on digital monitoring to try and detect whether any of their attorneys are thinking about a possible lateral move.
Munger Tolles, over the past year, took on the Trump administration in multiple high-profile battles involving Susman Godfrey and the New York attorney general, and defended the University of California in litigation following student protests over the war in Gaza, making the firm one of the Law360 2026 Regional Powerhouses in California.
The Supreme Court of California has appointed a new presiding judge for the State Bar Court, selecting a jurist with experience reviewing high-profile attorney ethics matters like the disbarment of President Donald Trump's former attorney John Eastman.
Duane Morris LLP has agreed to private mediation to settle a proposed class action by an employee who alleged that the firm failed to withhold taxes for workers who were misclassified as partners, according to a notice.
BigLaw firms are turning over a new leaf and marking a busy start to autumn with a flurry of lateral moves this week. Test your legal news savvy here with Law360 Pulse's weekly quiz.
The top federal prosecutor in the Central District of California has asked a district judge to delay following a Ninth Circuit ruling against his Nevada counterpart that would bar him from overseeing criminal cases until the U.S. Supreme Court weighs in.
In a rare move, Massumi & Consoli LLP announced on Thursday that it is taking private equity investment through a newly launched managed services organization.
Several law firms grew their geographic footprints in September, with Saul Ewing LLP expanding into Atlanta, Morgan & Morgan PA entering the Chicago market, and Maron Marvel Bradley Anderson & Tardy LLC opening a second New York location on Long Island.
Morrison Foerster LLP planted roots in California not long after the state joined the Union, and it has continued to cultivate its reputation as an innovative adviser through this past year, leading SoftBank's historic $122 billion OpenAI financing and guiding Sumitomo Forestry Co.'s $4.5 billion acquisition of Tri Pointe Homes.
Wilson Sonsini Goodrich & Rosati PC announced Thursday that it hired Baker Botts LLP's chief client officer for the same role.
Labor and employment law firm Ogletree Deakins Nash Smoak & Stewart PC has tapped Cooley LLP's deputy general counsel to serve as its legal leader, the firm announced Thursday.
A key U.S. Department of Education committee on Thursday declined to weigh in on whether an American Bar Association council should remain a federally recognized accreditor of law schools, a day after the panel deadlocked on different proposals over the hot-button issue.
Alston & Bird LLP has added two commercial litigators in California previously with Loeb & Loeb LLP who specialize in business disputes, the firm announced Thursday.
Big companies will increase their litigation budgets yet again next year, as navigating legal risk is now an essential element of achieving strategic business goals, according to a new report.
A key U.S. Department of Education committee deadlocked Wednesday over whether the American Bar Association council responsible for approving law schools should continue as a federally recognized accreditor, tabling the issue until Thursday after different proposals failed to win majority support.
Offit Kurman Attorneys At Law has selected its president to succeed the only chairman in the firm's nearly four-decade history, turning to a 22-year firm veteran who helped start its litigation department, the firm announced on Wednesday.
BigLaw firms are jockeying to build out "hybrid capital" practices as their private equity and private credit clients flock to the newly in-demand investment strategy to navigate economic and geopolitical uncertainty.
Firms of all sizes are accelerating lateral hiring of experienced partners because investing in senior expertise can pay off big — but for such an investment to work, firms need a disciplined strategy for vetting candidates, supporting their integration, and ensuring they'll generate real returns, says Shireen Hilal at Maior Strategic Consulting.
Similar to the way the transfer portal changed how many NCAA men’s basketball teams are built, artificial intelligence use in the legal industry is changing BigLaw’s lateral hiring market and creating a field where midmarket firms that develop their talent will hold an edge in the legal profession's next era, says Michael Ott at Ice Miller.
While wellness programs, flexible schedules and mental health resources are meaningful steps toward addressing burnout in the legal industry, a more effective approach must involve a redesign of law firm incentive structures, says retired attorney Jason Ward.
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Biz Development Tip Of The Month: Be An Industry Expert
Although taking the time to fully invest in a client and its industry is a big ask, it is well worth it for attorneys to understand the pressures, trends and constraints of a client's industry in order to build enduring business relationships, says Nonnie Shivers at Ogletree.
Sylvie Rodrigue at Torys discusses why authenticity is essential to women's career growth, why burnout is not the result of a lack of resilience, how the legal industry can better support women's mental health needs, and how firms can address gender gaps in senior roles.
Outside counsel’s lateral career moves can create uncertainty and disruption for companies, but if managed strategically, in-house legal teams can leverage partner mobility for more complete service, better pricing and stronger relationships with their law firms, says Theodore Edelman at GCE Advisors.
Perceived efficiency gains from artificial intelligence can create unsustainable workload expectations for in-house legal departments, so general counsel must proactively educate executives, reframe assumptions and tie legal judgment to business outcomes, say Karineh Khachatourian at KXT Law and Catie Cambridge at Docsum.
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Notes From A Partner-In-Charge On Lateral Hiring Strategy
In regional recruiting, firms that stand out to laterals can articulate a clear vision that connects local insight with global opportunity, demonstrate a culture that is lived rather than stated, and offer genuine room for growth, says Jason Novak, leader of Norton Rose's San Francisco office.
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Biz Development Tip Of The Month: Team Up With Marketing
There are several ways attorneys can engage with resources already at their fingertips in the form of their in-house law firm marketing departments, which can help you gain some visibility, earn kudos and build a solid book of business, say Ada Kase and Liz Lindley at Jaffe PR.
Attributing lawyers’ sense of unease with business development to self-doubt or weakness may misidentify an important source of discomfort — a keen intuition that an ask isn’t yet appropriate for the relationship — and lead to advice that ultimately backfires, says Paul Manuele at PR Manuele Consulting.
Maggie Potter at Segal McCambridge offers advice for associates who receive unproductive criticism from superiors and tips for gently pushing back with an eye to growth and efficiency.
Law firms eyeing legal services organization models, which allow outside capital to support nonlegal business functions while preserving lawyer ownership, can prepare for the expansion of private equity investment in the area by balancing commercial objectives and compliance imperatives, say attorneys at Rivkin Radler.
The small-unit leadership principles that are foundational to the U.S. Marine Corps experience — from tight feedback loops to top-down tactfulness — offer a blueprint for addressing leadership gaps that persist in the legal profession, says Edet Nsemo at Tucker Ellis.
As law firms pursue increasingly ambitious growth goals in a competitive market for talent, they should consider supplementing traditional lateral hiring due diligence with practices inspired by the venture capitalist framework, says Henry O’Connor at Jones Walker.
After a pivotal year for the legal industry, lawyers and their clients face an evolving litigation finance landscape in 2026 that will be shaped by developments ranging from new policies governing patent lawsuits to the reemergence of appellate monetization funding, says Jeffery Lula at GLS Capital.