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The legal industry marked the end of October with another action-packed week as BigLaw firms made new hires and promoted attorneys to partner. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Attorneys said the gifting of tombstones, or deal toys, to mark the end of transactions has become less common in recent years despite a steady flow of mergers, acquisitions and other transactional work.
The co-founder and former executive of a now-defunct public air charter operator has lost a bid to escape a fraud conviction on the grounds her lawyers provided ineffective counsel in her criminal trial, with a unanimous Third Circuit panel determining the jury would not have been swayed by a different trial strategy.
Law firms from A to Z found opportunities in October to upgrade their offices or adjust their footprints in cities both in the U.S. and abroad, with some completing moves to new locations and others setting plans in motion that won't be completed for several years.
These firms are being singled out for their stellar litigation footprints and transactions work. See who's leading the pack in four categories: variety of cases, range of jurisdictions, closing large merger and acquisition deals, and handling registered offerings.
Follow a firm's litigation tracks through federal district courts across the country with our interactive map.
Presenting the 2024 Law360 Pulse Leaderboard — the 100 firms that are besting their peers on measures of prestige, social responsibility and the reach of their legal practice.
Competition for top talent among elite law firms shows no signs of slowing down, even amid economic uncertainty, with financially strong firms deploying aggressive strategies to attract and retain skilled professionals to solidify their market position.
Delaware firm Connolly Gallagher LLP has added a former Ernst & Young tax consultant and an attorney who previously worked at Morris Nichols Arsht & Tunnell LLP to its trusts, estates and tax department.
Two firms are asking the Delaware Supreme Court to affirm the dismissal of a malpractice suit filed by parents over damages sought for their child's "catastrophic injuries," allegedly caused by contamination from a chicken plant.
Wilmington, Delaware-based international debt collector Phillips & Cohen Associates Ltd. has named a lawyer with decades of experience in-house and in private practice as its new global general counsel as the firm works to grow across the U.S. and abroad.
Lewis Brisbois Bisgaard & Smith LLP has seen major leadership changes over the past year. Law360 Pulse caught up with managing partner Greg Katz to discuss the firm's vision moving forward, the impact of recent leadership transitions, and the strategies being implemented to navigate the competitive legal landscape.
A report released earlier this month cataloging the experiences of more than 6,000 Illinois lawyers found that one quarter say they have experienced bullying within the last year. Among the youngest lawyers, that number jumps to 39%.
A Delaware federal judge on Tuesday denied DraftKings's $2.3 million fee bid for defeating Interactive Games' suit accusing it of infringing patents related to remote betting, ruling that Interactive Games' case isn't exceptional or frivolous since its patents were presumed valid and there's no evidence that Interactive Games was seeking quick settlements.
Stockholder attorneys who waged a multiyear Delaware Court of Chancery battle over IDT Corp. founder Howard Jonas' campaign to scuttle damage claims against him arising from federal sanctions against Straight Path Communications on Tuesday lost a Chancery fight for a $9.5 million attorney fee.
More than 80 major law firms had new partner classes in 2024 made up of at least 50% women, according to an analysis released Tuesday by a think tank focused on diversity and workplace flexibility. However, the analysis also found that the proportion of new U.S.-based partners who are women decreased.
While U.S. District Judge Lee Rosenthal calls the pandemic a disaster that "discombobulated" the federal courts, she thinks there was also a silver lining to the experience.
As privacy has become a more prominent and popular practice area, many attorneys have turned to certifications offered by the International Association of Privacy Professionals to market their skills, with those in the field saying that the popularity is the result of privacy's rapid evolution and the ubiquity is unlikely to diminish.
Dan Binstock, a legal recruiter who works with top law firms, recently said to me about partner pay, "You can never please everybody."
A Delaware federal judge entered a final judgment Monday ordering ChromaDex Inc. and Dartmouth College to pay $9.1 million in attorney fees to Elysium Health for making a "feeble" and failed argument defending their milk vitamin patents from an eligibility challenge.
Meg Catalano, who was named Kennedys’ new global managing partner this week, joined Law360 Pulse to discuss her vision for the role and how the firm looks to stay on top of client needs in a volatile world under her leadership.
Law firm partners' increasing pay often varies based on where those attorneys are located, a fact reinforced by a new study out Thursday, but experts say the relationship between compensation and location has become more complicated as more firms operate on a national scale.
As State Farm waded into the nascent field of "artificial intelligence" tools in the mid-1980s, its mainframe computers began to overheat under the strain of calculating the values of claims.
The legal industry had another action-packed week as firms prepared for increased lobbying activity in anticipation of the upcoming election, while lawyers nationwide came together to support a nonpartisan initiative focused on protecting the electoral process. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Kemp Jones LLP, Parker Nelson & Associates and Campbell & Williams lead this week's list of Law360 legal lions with back-to-back wins in ongoing litigation against a bankrupt "alkaline water" company.
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.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
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Ask A Mentor: How Do I Relay Shortcomings To Associates?Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.