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A novel question is arising as the legal industry weighs potential private equity interest: How do you value a law firm to buy a stake in its business operations?
Law school hopefuls will mostly need to sit for the Law School Admission Test — better known as the LSAT — in person starting in August rather than test remotely, a change designed to strengthen security after the exam provider ended remote testing in China over cheating concerns.
Benesch Friedlander Coplan & Aronoff LLP announced the addition of two experienced New York-based litigation partners, enhancing its capabilities in areas such as white collar, finance and commercial litigation.
Personal injury law firm Morgan & Morgan PA and a former firm legal assistant have settled a Florida federal lawsuit that alleged age and disability discrimination, according to a filing in the court.
Connell Foley LLP announced this week that it has brought on the former chief counsel for the New Jersey Senate Majority Office as a partner on its regulatory affairs and compliance team.
The legal sector is off to a good start in 2026, with 5,500 more people employed in lawyer, paralegal and other law-related professional roles last month than in December, according to seasonally adjusted data released Wednesday by the U.S. Bureau of Labor Statistics.
East Coast-based full-service firm McLaughlin & Stern LLP is expanding to the West Coast, adding the lawyers and staff of San Francisco-based litigation and employment law boutique Dillingham & Murphy LLP.
Legal staffing and services provider Axiom received approval Tuesday to shutter its Arizona law firm subsidiary, while a pending lawsuit claims the experiment was tainted by Axiom's private equity backer putting "revenue over ethics."
Kelley Kronenberg announced that an experienced attorney who has worked at a number of major firms along with Norwegian Cruise Lines as general counsel has joined the firm's office in Fort Lauderdale, Florida, as a partner and leader of its new maritime law group.
A second group of fund finance lawyers has joined Paul Hastings LLP's new Charlotte, North Carolina, office from Cadwalader Wickersham & Taft LLP, Haynes Boone and Mayer Brown LLP.
Weber Gallagher Simpson Stapleton Fires & Newby LLP has recently grown its litigation team in the Philadelphia suburbs with the addition of an attorney who specializes in representing clients in liability matters.
Barry Levy, Rivkin Radler LLP's new managing partner, summed up the firm's ideals in three words: collegiality, collaboration and excellence.
Pullman & Comley LLC on Monday said a Connecticut judge lacks jurisdiction to hear legal malpractice and related claims from a lender that loaned $16.2 million to the corporate arm of a municipal housing authority, arguing the housing entity, not the lender, was its only client.
The American Bar Association's policymaking body on Monday encouraged student loan forgiveness for lawyers engaged in public interest employment and asked that trust and estate law be part of the NextGen bar exam.
Two bills introduced in the Illinois state Legislature seek to place restrictions on the use of private equity-backed managed service organizations in the legal industry and on any fee-sharing between Illinois lawyers and firms owned by nonlawyers in states like Arizona.
Last year was another strong year for U.S. law firms, with a double-digit revenue increase despite a strong expense growth environment of 9.5% over 2024, according to survey results from Citi Global Wealth at Work Law Firm Group released Monday.
New Jersey-based Brach Eichler LLC has opened its second office in the Southeast and fourth office overall, tapping one of its labor and employment attorneys to establish and grow its Atlanta-area office, the firm announced Monday.
An Allentown, Pennsylvania-based team of intellectual property attorneys have folded their practices into Saxton & Stump, helping the firm expand its footprint into the Lehigh Valley, according to an announcement released Monday.
Cadwalader Wickersham & Taft LLP's litigation group co-chairs have left the firm due to conflicts of interest ahead of the firm's merger with Hogan Lovells LLP, a Cadwalader spokesperson confirmed Monday.
U.S. law firms leaned heavily on group lateral hiring in 2025, with more than 130 attorney teams changing firms as competition for top talent intensified and firms pursued growth through practice-area expansion and new market entry, according to a report released Monday.
Is Goldman Sachs' decision to remain loyal to general counsel Kathryn Ruemmler despite recent revelations about her past business and social relationship with Jeffrey Epstein extreme enough to support a legal claim against the company? Legal scholars and other securities law experts say probably not.
Knobbe Martens Olson & Bear LLP leads this week's edition of Law360 Legal Lions, after a California federal jury ordered Medtronic to pay nearly $382 million to business rival Applied Medical Resources Corp. for antitrust violations.
For Larry Carbo, the new managing shareholder at Chamberlain Hrdlicka White Williams & Aughtry, the "word of the year" at the firm is "momentum."
Florida business law firm Gunster has added an experienced tax law professor to its ranks as of counsel.
The legal industry began February with another busy week as BigLaw firms shuffled their leadership and opened new offices across the country. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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.
Series
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.
Series
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.