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LoanDepot Inc. has promoted its chief risk officer, who previously was an attorney at Fannie Mae for many years, to also serve as its chief legal officer to steer the company's legal strategy and affairs.
Jones Day announced that the former leader of Orrick Herrington & Sutcliffe LLP's financial and securities litigation practice has joined the firm's Irvine, California, office as a partner.
Diversity Lab announced Friday it has closed, saying it was pushed "to the brink of bankruptcy" after the Federal Trade Commission sent warnings to dozens of law firms that participated in its program designed to promote diversity in the legal industry.
Morrison Foerster LLP has expanded its employment and labor group in Los Angeles with the addition of a former McDermott Will & Schulte attorney.
As Dykema Gossett PLLC celebrates its 100th anniversary, its CEO told Law360 Pulse on Friday that the firm is eyeing more growth of its existing 13 offices, as well as potential expansion into new markets.
Litigation boutique Dunn Isaacson Rhee LLP is the latest firm to announce midyear associate bonuses and is distributing payouts of between $10,000 and $25,000, according to an internal memo viewed by Law360.
Brownstein Hyatt's challenge to a Colorado cannabis tax formula leads this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from May 22 to June 5.
The month of May brought memorable stock deals for some legal chiefs, with Spencer Collins of Arm Holdings leading the way with $19.8 million in sales. Keith Larson at Venture Global earned over $15 million in stock sales last month, while the soon-to-depart Kathryn Ruemmler at Goldman Sachs reaped just over $14 million, and Booking Holdings' Peter Millones collected over $10 million.
The legal sector saw 1,200 more jobs in May after gaining 1,900 positions the month before, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.
Winston Taylor leads this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ended a patent suit over Hikma Pharmaceuticals USA Inc.'s generic version of a heart drug that uses a so-called skinny label.
Polsinelli PC has hired a career Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP lawyer who focuses on representing technology companies and venture capital investors in a range of corporate matters, the firm announced Thursday.
Katten Muchin Rosenman LLP has joined the growing list of firms that are largely matching a new pay scale for associates set earlier this week by Milbank LLP, with attorneys set to see annual pay increases of $10,000 to $20,000.
The legal industry kicked off June with another action-packed week as firms doled out associate raises and expanded practices across the country. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Three more attorneys at the Los Angeles personal injury firm facing investigation for its involvement in a record $4 billion sex abuse settlement against Los Angeles County are facing disciplinary charges by the State Bar of California, alleging the firm illegally practiced law outside the state.
The new managing partner of San Francisco trial boutique Keker Van Nest & Peters LLP said he is looking to preserve what makes the firm unique while supporting continued growth and finding ways to use artificial intelligence to the firm's advantage.
Quinn Emanuel Urquhart & Sullivan LLP and a Texas-based litigation boutique are the latest firms to match Milbank LLP's pay hikes for associates, with annual increases of $10,000 to $20,000 that top off at $455,000.
Morrison Foerster LLP has become the latest of several firms to add a chief people officer to its C-suite, announcing Tuesday that it has hired a longtime executive from Mayer Brown LLP.
A Law360 Pulse examination found that women hold the vast majority of top human resources jobs in BigLaw, giving them a pivotal role in how the U.S. legal industry manages attorneys and other firm employees.
A married couple who operate a New Jersey cannabis dispensary cannot escape claims that they misused roughly half of a $1.6 million business loan, a California federal court ruled on Wednesday while also rejecting the entrepreneurs' attempt to disqualify the lender's law firm.
The Ninth Circuit on Wednesday temporarily suspended two California immigration attorneys from practicing before the appellate court for filing briefs in a deportation relief case containing artificial intelligence-generated hallucinations, finding no excuse for their "extraordinary confession" of not vetting citations used by unlicensed brief writers.
Two legal nonprofits urged the California Supreme Court to issue an order entitling low-income civil litigants to electronic recording if a live court reporter is not available, saying at a hearing Wednesday that a court reporter shortage in the Golden State has created a "crisis."
Rocade Capital LLC has acquired fellow litigation funder Law Finance Group LLC, creating a combined platform that has deployed more than $2.3 billion and specializes in $10 million to $50 million deals, including post-judgment financing, portfolio deals and lending to plaintiff's firms.
The race to match Milbank LLP's attorney pay hikes is officially on, with trial firm Hueston Hennigan the latest to announce it will increase associate pay by $10,000 to $20,000 annually.
Jason Boehmig, co-founder and former chief executive of contract management software company Ironclad Inc., announced on Tuesday that he has joined OpenAI, the company behind the artificial intelligence bot ChatGPT, in a role leading products for its legal vertical.
Sidley Austin LLP has elevated 52 attorneys to partner from 11 offices in 23 practice areas.
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.
As potential clients with legal questions increasingly rely on summaries generated by artificial intelligence, attorneys must rethink their content strategy to make sure AI chatbots and search overviews cite their thought leadership, say Ioana Good and Adrien Maines at Promova and Nancy Myrland at Myrland Marketing.
Complex corporate litigation now often unfolds under the glare of a parallel trial in the court of public opinion, requiring attorneys to adopt a cohesive strategy for legal filings, leadership communications and narrative control, says Monica Smith at Integer PR.
Series
Biz Development Tip Of The Month: Tailor Your Personal Style
In an industry where competition for clients is fierce, a thoughtful approach to personal style can give you the confidence to walk into any room and own it, the magnetism to make connections that matter, and the tools to highlight your deeper professional values, says Leslie Berkoff at Moritt Hock.
In today’s competitive legal market, successful attorneys treat the pitch process with general counsel like the beginning of a relationship, not a one-off sale — showing up with curiosity, commercial awareness and the ability to engage in a meaningful way from the start, says Andrew Dick at The L Suite.
Instead of lurching between year-end strategic planning season and springtime panic mode, firms need a framework that helps them identify what clients and the market need throughout the year, and then actually adjust course, says Shireen Hilal at Maior Strategic Consulting.
Roundup
Legal Tech Talks
Company founders, attorneys and other professionals working in the legal tech space share their journeys into the industry, challenges they face when working with law firms and legal departments, and common misconceptions about technology.
As some attorneys seek interim roles amid economic uncertainty, big-picture thinking and a few proactive steps can help to turn those short-term assignments into long-term positions, says Amy Vanderhoof at Major Lindsey.
As artificial intelligence tools become increasingly adept at handling entry-level legal tasks, firms and organizations must consider new ways to train and mentor junior attorneys to prepare them for leadership in an AI-integrated profession, say attorneys at KXT Law.
Series
Biz Development Tip Of The Month: Embrace LinkedIn
Attorneys who recognize LinkedIn as a powerful professional platform can gain significant competitive advantages in business development via strategic content creation, meaningful industry discussions and consistent visibility within target markets, says Agatha Mouillet at Horvitz & Levy.
As law firms and in-house legal departments grapple with the uncertainty of evolving tariff policies, attorneys at all career stages should consider how to lean into these shifts to best position themselves for long-term opportunities, says Rena Barnett-Matthews at Attorney Career Coach.
Many law firms are familiar with the need for attorney succession plans, but it’s also essential to plan for the succession of administrative professionals — from human resources personnel to finance leaders — to ensure continuity of critical day-to-day operations, say Eryn Carter and Travis Armstrong at the Association of Legal Administrators.
Series
Expanding The Reach Of A Legal Nonprofit
I co-founded the Legal Mentor Network with the goal of providing free legal mentoring to law students and early career attorneys, and the experience has highlighted how nonprofits can grow with the help of strong sponsorships and volunteers who all operate from a positive place, says Chrystal Mauro at the Legal Mentor Network.
The ever-earlier recruiting of summer associates sets high stakes before new law students may even realize, but 1Ls can better land a good 2L summer fit if they hit their first semester focused on the hiring timeline and ready to ask important questions about their would-be firms, says Kate Reder Sheikh at Major Lindsey.
In the face of sustained regulatory and economic uncertainty, general counsel can help businesses move from reactive to proactive management by building a clear, cross-functional geopolitical command center that monitors and coordinates responses to a wide spectrum of issues, says Lars Faeste at FTI Consulting.