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Legal department hires during the past month included high-profile appointments at MSG Sports, Nestle and the Associated Press. Here, Law360 Pulse looks at some of the top in-house announcements from September.
A recent change to the rules governing how federal court leaders handle the reassignment of judicial clerks due to misconduct claims against a judge is unlikely to lead to investigations into those allegations and so won't improve those clerks' working conditions or judicial accountability, court reform advocates say.
Aiming to provide part-time law students with a predictable schedule and to better help them prepare for the bar exam, Quinnipiac University School of Law recently announced it had redesigned its evening law school program.
The chief operating officer and corporate secretary of The Juilliard School and former general counsel of the Lincoln Center for the Performing Arts is to join Yale University as its next university secretary.
Morgan Lewis & Bockius LLP announced its new global leadership team Thursday as longtime partner David McManus kicked off his five-year term as firm chair.
Leaders of small to midsized law firms are expressing more concern about a long-standing problem, the cost of hiring and retaining talented attorneys, than they are about a new issue, the cost of AI and other technology, according to a survey released Wednesday.
The last three months of the year can be crunch time at many law firms, as lawyers scramble to meet their year-end goals. But for some junior associates, what they need to concentrate on and avoid may not always be clear.
Investment in AI, including building firm-specific proprietary tools, is the latest front among top law firms to gain and maintain elite status. Law360 spoke with legal industry leaders about how firms can embrace AI innovation to keep their competitive edge.
In the intense competition of the legal sphere, firms have to make a constant effort to stand out from the crowd. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction.
Explore this year's Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, appeal to attorneys and law students, accolades earned and positive coverage in the legal news media.
BigLaw's record-setting revenue streak shows no sign of slowing. Here, we highlight the firms that reported more than $1 billion in gross revenue in the latest year.
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.
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.
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.
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.
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.
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.
Finn Dixon & Herling LLP has chosen one of its longtime attorneys to become the chair of its investment management practice, after the group's previous leader departed the firm for Troutman Pepper Locke LLP.
Troutman Pepper Locke LLP has grown its Connecticut outpost with the addition of Finn Dixon & Herling LLP's former investment management practice leader.
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.
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.
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.
Two recent reports shift the legal posture of every organization deploying artificial intelligence agents because they establish the foreseeability, for negligence liability purposes, of an AI agent becoming weaponized for data exfiltration, says Camilo Artiga-Purcell at Kiteworks.
Firms willing to develop a new operating model, where AI-powered legal tech is paired with deep industry expertise and a different incentive structure, can win over companies looking to consolidate their legal needs with a single provider, says Lana Manganiello at Practice Growth Partner.
Law firms trying to weave artificial intelligence into summer associate programs should build a program that isn't really about AI but teaches students how to think about using AI, with the goal of building judgment, understanding implications and leveling up in a way that's repeatable, says Zeynep Ersin at Seyfarth.
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Biz Development Tip Of The Month: Don't Obstruct Knowledge
Lawyers and firms should treat knowledge transfer as a business development function, using the sharing of context and institutional know-how to preserve continuity through change, strengthen relationships and create long-term competitive advantage, says Mark Wraight at Stinson.
The biggest question about private equity moving into the legal sector is no longer whether it can financially succeed, but how law firms can contend with the unavoidable economic, institutional and ethical tensions introduced by external ownership without compromising their core professional commitments, say Kirsten Vasquez and Allison Rosner at Major Lindsey.
As potential clients use artificial intelligence tools instead of search engines when looking for counsel, it is a democratizing moment for specialized midsize firms and a compression threat for generalist big-firm brand positioning, says Ronn Torossian at 5WPR.
Private equity capital has been flowing into accounting firms for years, with investors developing creative structures to work within that field's specific ownership restrictions, and the framework developed by these transactions offers valuable insights for law firms looking for outside investment, says Russell Shapiro at Levenfeld Pearlstein.
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Legal Tech Talks: StrongSuit CEO On The AI Gold Rush
Justin McCallon, CEO of StrongSuit, discusses how the potential for automation and insight generation with artificial intelligence is massive, but that in legal work, especially litigation, the margin for error is essentially zero.
When law firm leaders provide work product feedback by identifying errors instead of offering guiding input, they miss a key opportunity to treat feedback as a professional development and leadership tool, but several practices can help bridge the gap between intent and impact, says Janet Jackson at Well-Law.
Many law firms are using generic decks for multiple client presentations to articulate their artificial intelligence strategy, but in order to differentiate themselves, it's important to bring marketing teams into the fold to identify what's actually distinctive about how a firm uses AI, says Eric Greenberg at Cox Media.
The Legal Marketing Association's recent annual conference underscored how advances in artificial intelligence and shifting client expectations are causing law firms to evolve into more structured, data-driven businesses that place greater emphasis on strategy, implementation and measurable results, say Maria Aronson and Gina Rubel at Furia Rubel.
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Biz Development Tip Of The Month: Build Relationship Habits
Meaningful relationships are foundational to business development, and they can be deliberately fostered through a set of habits for authentically, intentionally and consistently connecting with clients and colleagues — starting with people you already know and like, says Matthew Moran at V&E.
Artificial intelligence is already woven into everyday work for attorneys, so beyond questioning whether AI was used and approving such tools, legal leaders need to create a shared foundation for what good AI use looks like on their team, says Alex Denniston at Factor.
A company's contracts contain final, negotiated commercial commitments that reveal important growth, revenue and strategy insights, but for organizations that aren’t making two key structural changes, the information tends to remain within the legal department — untranslated and unused, says Shimane Smith at NerdWallet.
The U.K. offers 14 years' worth of data on private equity's involvement in the legal market, demonstrating for U.S. firms what worked, what didn’t and why, and illustrating several lessons about operational readiness, cultural fit and timing, says Tom Lenfestey at The Law Practice Exchange.