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Revenue and profits have both been on a strong upward trajectory in recent years for large U.S. law firms, but those strides may not tell the whole story when considering factors like inflation and the role that aggressive rate hikes, which some say are unsustainable, have played in the increases.
First-year associate salaries of $225,000 may make headlines, but they aren't yet the reality at most law firms surveyed for a new report by the National Association for Law Placement.
At the height of the COVID-19 pandemic in 2020, Gibson Dunn & Crutcher LLP launched a unique virtual program to connect first-year associates with other young attorneys in different U.S. offices. Five years later, the “New Associate Pods” program is still going strong.
Miami-based Hamilton Miller & Birthisel LLP has topped the inaugural ranking of the leading 200 midsize law firms from legal software provider SurePoint Technologies, which scored firms based on factors such as gender and ethnic diversity, and attorney roster growth.
Attorneys for Tesla Inc. have told Delaware's Supreme Court that counsel for stockholders who secured a disputed $735 million in savings from director cash and options rollbacks deserve less than the $176.2 million fee awarded the team.
K&L Gates LLP has kicked off a leadership transition process that will continue through next summer and will include the appointment of a new managing partner in July and a management committee chair by June 2026.
As law firms integrate generative artificial intelligence into their operations and teach attorneys to use it, some are getting their partners up to speed by training them specifically in how to supervise the use of these tools.
This past year, a handful of attorneys secured billions of dollars in settlements and judgments for both classes and individual plaintiffs against massive companies and organizations like Facebook, Dell, the National Association of Realtors, Johnson & Johnson, UFC and Credit Suisse, earning them recognition as Law360's Titans of the Plaintiffs Bar for 2025.
A Delaware federal judge Friday voiced confidence in his ruling that tech startup Ross Intelligence infringed copyrighted material from Thomson Reuters' Westlaw platform to create a competing legal research tool powered by artificial intelligence, but explained that granting interlocutory appeal on two questions will help resolve the case more efficiently.
The legal industry had another action-packed week as BigLaw firms shifted operations, expanded practices and took on new talent across the country. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
Latham & Watkins LLP leads this week's edition of Law360 Legal Lions, after a deadlocked U.S. Supreme Court left in place an Oklahoma state court ruling barring the launch of the nation's first religious charter school.
Over the last two months, a handful of attorneys have gone public about their unusual interactions with immigration authorities, including receiving emails telling them to self-deport and being temporarily detained by Customs and Border Protection, experiences that have stoked some anxiety among the immigration bar in particular.
Delaware's chancellor wants the state's high court to weigh in on a constitutional challenge of the controversial corporate law overhaul signed into law in March in an attempt to stave off more corporate charter relocations and protect the state's legal industry and $2 billion in annual corporate franchise fees.
Peter Nelson, who was recently chosen as Dorsey & Whitney’s new managing partner, joined Law360 Pulse for a conversation about how to build on the firm’s growth of the last several years and what challenges he sees on the horizon.
Delaware's judiciary announced Thursday that the state's Supreme Court is establishing a task force that will make recommendations by next year if the First State should pursue alternative pathways other than having to take an exam for attorneys to gain admission into its bar.
The first Delaware Superior Court judge of South Asian descent is a smart, respected and experienced trial attorney whose background as both a prosecutor and a public defender makes her "uniquely" well-suited to the bench, attorneys say.
U.S. law firms are on pace to surpass 2024's record-setting leasing activity, ending the first quarter of 2025 with 3.4 million square feet of new or renewed leases throughout the country, according to newly released data.
Most states' attorneys general, along with law enforcement organizations and a data privacy group, have encouraged the Third Circuit to uphold a New Jersey judicial privacy measure, saying states have sovereignty to enact such laws in a time of increased threats against judges.
In a surprising surge, almost all respondents in a recent global survey of general counsel said their legal teams are using generative artificial intelligence to some degree.
The frequency at which major law firms faced malpractice claims held relatively steady in 2024, but payouts on claims continued to boom at a rate outpacing general inflation, according to this year's legal professional liability insurance survey, with nearly half of insurers surveyed reporting having paid at least one claim over $150 million.
While recent reports show that law firm adoption of artificial intelligence tools is jumping, many firms haven't reached the stage where they are measuring gains from their AI investments yet, according to current and former law firm leaders and consultants.
Hogan Lovells and the Fomby Law Firm lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that courts must weigh the full sequence of events — not just the instant a threat arises — when deciding if police used excessive force.
Through TV commercials and intentionally defaced billboards to major league sports sponsorships, and even upcoming skits during WWE events, personal injury giant Morgan & Morgan has achieved monumental growth with a sweeping advertising strategy that leans into innovation and lightheartedness to leave an impression on potential clients.
Kessler Topaz's handling of a suit against Coinbase and Stradley Ronon's work in connection with the creation of joint KKR and Capital Group funds lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from May 2 to 16.
The legal industry marked mid-May with another busy week as attorneys landed new roles and firms expanded their offerings. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Though effective writing is foundational to law, no state requires attorneys to take continuing legal education in this skill — something that must change if today's attorneys are to have the communication abilities they need to fulfill their professional and ethical duties to their clients, colleagues and courts, says Diana Simon at the University of Arizona.
In the most stressful times for attorneys, when several transactions for different partners and clients peak at the same time and the phone won’t stop buzzing, incremental lifestyle changes can truly make a difference, says Lindsey Hughes at Haynes Boone.
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Ask A Mentor: How Can I Support Gen Z Attorneys?Meredith Beuchaw at Lowenstein Sandler discusses how senior attorneys can assist the newest generation of attorneys by championing their pursuit of a healthy work-life balance and providing the hands-on mentorship opportunities they missed out on during the pandemic.
A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.
There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.
Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.
Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.
Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.
To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.
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Ask A Mentor: How Can I Negotiate My Separation Agreement?Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.