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Litigation boutique Pallas Partners announced Thursday that it is offering high-performing senior U.S. and U.K. associates and counsel as much as $232,000 in bonuses this year.
A judge has approved $650,000 in fees for lead plaintiff's counsel as part of a $1.95 million settlement to end a Delaware federal court suit claiming a smart lock system company misrepresented key business metrics in the lead-up to its 2021 go-public merger.
Law firm compensation expenses were up nearly 10% year-over-year as of the end of the third quarter and law firms' growing nonequity partner ranks were among the driving forces behind the jump, according to a report released Thursday.
Litigation boutiques Yetter Coleman LLP and Dunn Isaacson Rhee LLP are giving above-market bonuses to their associates, according to reports from Above the Law and Bloomberg.
U.S. Circuit Judge Emil Bove, who previously served as President Donald Trump's personal defense attorney and a top official at the U.S. Department of Justice, has been hit with a judicial misconduct complaint for his appearance at a Trump event on Tuesday night.
The U.S. remains by far the world's most important legal market, but as clients and capital flows become increasingly international, U.S. law firms are grappling with where and whether to expand their global footprint.
What does it take to stand out as a global legal powerhouse? The firms featured in this year's Law360 Pulse ranking have built a worldwide reach few can match.
The law firms in this year's Law360 Pulse Global Leaders ranking have built networks that span the globe. Visualize the reach of those 50 firms with our interactive map.
Morrison Foerster LLP and boutique law firm Kellogg Hansen Todd Figel & Frederick PLLC both recently unveiled above-market bonuses, according to a MoFo in-house memo and a media report.
More firms are offering benefits such as parental leave and bonuses, and the legal industry appears to be settling on the amount of remote work that attorneys and staffers are allowed to perform, the Association of Legal Administrators has found in its latest annual report.
A former CEO of Donald Trump-tied blank check company Digital World Acquisition Corp. has urged the Delaware Chancery Court to impose a $50,000-per-day sanction against the company for allegedly "throwing a tantrum" and refusing to pay roughly $2 million of a $2.9 million and growing legal fee advancement order in connection with litigation in Florida.
A year after moving from Reed Smith LLP, the chief financial officer for Eckert Seamans Cherin & Mellott LLC has seen his duties expanded to also lead the firm's operations.
Bernstein Litowitz Berger & Grossmann LLP announced Monday that it has welcomed back a prominent shareholder lawyer to co-lead its corporate governance practice following the controversial departure of the group's former leader to launch a boutique firm.
The number of U.S. lawyers showed marked growth for the first time since 2020, due to a 2024 graduating class that was nearly 12% larger than any other class since 2012, a study from the American Bar Association released Monday showed.
Lieff Cabraser's handling of a lawsuit by fired federal employees involved in diversity, equity and inclusion work and Wiley's work defeating a bid challenge on behalf of a federal contractor lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Nov. 14 to Dec. 5.
Gupta Wessler LLP and Block & Leviton LLP lead this week's edition of Law360 Legal Lions, after the Eleventh Circuit revived a proposed class action against NextEra Energy Inc. that seeks to hold the energy company liable for a share price drop that followed political interference allegations involving a subsidiary.
Katten Muchin Rosenman LLP has joined a select few law firms that have gone beyond the BigLaw norm for year-end and special bonuses.
The legal industry kicked off December with another action-packed week as BigLaw firms continued bonus season and announced partner promotions. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Cahill Gordon & Reindel LLP won't just match BigLaw's prevailing scale for year-end bonuses — the firm will also reportedly offer outsized special bonuses, or super bonuses, up to $200,000 for high-performing associates.
The East Coast logged plenty of law firm real estate activity in November, as several firms, including Baker Donelson Bearman Caldwell & Berkowitz PC and Porzio Bromberg & Newman PC, moved into new offices in New Jersey, New York, Florida and Washington, D.C.
The American Bar Association on Wednesday advised attorneys that they must leave information about their representation of a client out of any motions they file to withdraw as their counsel unless they have an explicit exception to existing confidentiality rules or the client's consent.
Wilson Sonsini Goodrich & Rosati PC announced plans for its first top leadership transition in more than a decade on Wednesday, tapping a Palo Alto, California-based litigator and a New York-based corporate lawyer to begin co-leading the firm at the start of next August.
McKool Smith is the latest BigLaw firm to announce extra cash for attorneys who went above and beyond with billable hours in 2025, according to an internal memo obtained by Law360 Pulse.
A former Bernstein Litowitz Berger & Grossmann LLP partner known for handling high-profile stockholder cases has led the launch of a boutique focused on corporate disputes and securities litigation after the firm says he was fired for misconduct.
Elon Musk's xAI has a new but familiar general counsel, while several sports groups — including the New York Mets, PGA of America and the SEC college athletic conference — also brought on new legal leaders in November.
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.
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.