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Milbank LLP is continuing to lead the way on bonuses, confirming Monday it has issued a round of special bonuses ranging from $6,000 for the class of 2026 and 2025 associates to $25,000 for the class of 2021 associates and beyond.
BigLaw firms are expanding artificial intelligence-focused roles from the C-suite to associate and partner levels.
Large law firms have grown their non-equity partner tiers at a relatively rapid clip in recent years, with some implementing the position for the first time. For many firms, that means hard decisions around how they will trim the ranks and remain profitable are on the horizon.
Sullivan & Cromwell LLP and McGuireWoods LLP lead this week's edition of Law360 Legal Lions, after the Fourth Circuit reversed class certification in an investor lawsuit against Boeing over the company's alleged concealment of safety issues with its 737 Max fleet.
The legal industry marked another busy week with new insight into law school grads and expanded BigLaw firm offerings. Test your legal news savvy here with Law360 Pulse's weekly quiz.
As he kicks off his yearlong tenure, the new president of the Delaware State Bar Association said he is focused on making sure that attorneys have access to mental health services and that members are doing their best to help the state maintain its corporate law prowess, among other priorities.
Delaware firm Morris Nichols Arsht & Tunnell LLP has announced that it is raising the starting salary for first-year associates to $220,000, and increasing its pay scale for other associates and special counsel.
Offit Kurman Attorneys At Law has added another attorney in its Delaware office, this time bringing on Wilmington's former assistant city solicitor to bolster its capacity to represent employers and public entities in litigation, compliance, labor and employment and other matters.
Attorneys representing the government could face "more demanding" obligations to disclose misconduct by people within their client organizations than attorneys representing private entities, according to an ethics opinion issued Wednesday by the American Bar Association.
Nearly 12% of the class of 2024 have already left their first jobs at the top 50 firms, and Kirkland & Ellis LLP has taken in the most first-year laterals, according to new statistics from legal data company Firm Prospects LLC.
U.S. business interests are turning to state legislatures to stymie litigation funders after a string of failed efforts in Congress, fueling a flurry of recent legislation that could shape the future of the multibillion-dollar industry.
Practice group leaders at the 50 largest law firms in the U.S. by revenue are increasingly on the move, with data showing lateral hiring rising substantially in the position over the last five years as law firms look to make good on their growth strategies via splashy additions.
A Pennsylvania hospital employee disclosed her diabetes too late and did not clearly ask for accommodation before she was fired for sleeping on the job, a Third Circuit panel ruled Monday, additionally sanctioning her attorney for filing a minor motion that possibly contained artificial intelligence hallucinations.
A dozen state attorneys general sued this week to block Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, the latest and largest example of states launching an enforcement action when the federal government chooses to go with a lighter touch.
Wiley Rein's work on a software company acquisition and Dilworth Paxson's representation of the city of Pittsburgh in an antitrust suit lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from July 3 to 17.
Hogan Lovells Cadwalader leads this week's edition of Law360 Legal Lions, after the Second Circuit determined that a lower court properly found that Nielsen cannot condition media company Cumulus' access to national radio ratings data on buying its local offerings.
Chief legal officers using external service providers outside traditional law firms are barely a blip on the radar, despite the ever-rising costs of working with private practice attorneys. But a general counsel’s use of ALSPs can be more complicated than the surface level tells us.
The legal industry marked mid-July with another busy week of BigLaw hires and new insight into 2026 lateral movement. Test your legal news savvy here with Law360 Pulse's weekly quiz.
The 2026 proxy season was shaped by regulators who seem to let public companies behave more like private ones, and by some companies and their general counsel that clearly took advantage of that freedom, according to a panel of investor activists.
Richards Layton & Finger PA and one of its attorneys have apologized to the Delaware Chancery Court for submitting a filing with errors generated by artificial intelligence, asking that sanctions not be imposed.
A McDermott Will & Schulte LLP attorney has told a Delaware vice chancellor that he is in "complete shock" and "hurt" by a longtime friend's contention that he pressured him to change his testimony in a Chancery Court case, saying the accusation "is false and without any merit."
Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu after recently starting to find favor with the justices; and one saw its reputation for independence occupy a rare role in the Supreme Court spotlight.
Delaware-based Young Conaway Stargatt & Taylor LLP announced Wednesday that it has increased starting salaries for first-year associates to $220,000, a $10,000 increase from the last first-year associate salary hike in 2024.
Total funding for legal technology companies increased in the first half of 2026 while deal count fell, suggesting that investors are deploying more capital into fewer companies as artificial intelligence becomes more embedded in the industry.
Lateral hiring at large U.S. law firms slowed in the second quarter of 2026 after a strong start to the year, with associate and counsel moves declining while partner hiring remained relatively steady, according to figures from legal data company Firm Prospects LLC.
Opinion
Keeping PE Out Of Law Is Job For Courts, Not Capitols
Efforts by lawmakers in California, Colorado and Illinois seeking to bar private equity firms, hedge funds and other nonattorney investors from owning or financing law firms risk intruding on authority that state constitutions and the inherent powers doctrine have traditionally assigned to the judiciary, says attorney Felix Shipkevich.
Ross McNairn, founder and CEO of Wordsmith AI, discusses how the lawyers who treat legal work like an engineering problem and can deploy legal intelligence at scale will define the next decade.
BigLaw firms about to tackle a website redesign need to understand the fundamental changes to costs, timelines, vendors and technology since their last big update so their leadership teams can steer resource management decisions away from costly potential mistakes, says Stephan Roussan at Vertical Minds.
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.
Series
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.
Series
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.
Series
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.