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Mid-Law
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Legal Rates Surge Moderates, But Pressure Remains High
As legal departments face mounting pressure to manage costs, increases in hourly billing rates from law firms appear to be moderating, with the first few months of 2025 presenting a snapshot of this reality, according to a recent report from Wolters Kluwer's ELM Solutions.
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The Top In-House Hires Of August
Legal department hires in the last month included high-profile appointments at the Association of Corporate Counsel, GE Vernova, and a California legal legend joining an AI startup named Anthropic. Here, Law360 Pulse looks at some of the top in-house announcements from the past few weeks.
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Real Estate Trio Join Winstead In NY, Nashville
Texas firm Winstead PC announced Tuesday that three experienced real estate attorneys have joined its real estate practice as shareholders based in Nashville, Tennessee, and New York.
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Eckert Seamans Adds Obermayer Business Immigration Duo
A pair of business immigration attorneys from Obermayer Rebmann Maxwell & Hippel LLP have made the jump to Eckert Seamans Cherin & Mellott LLC in Philadelphia, the firm said Tuesday.
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Greenbaum Rowe Family Law Pro Rejoins Mandelbaum In NJ
Mandelbaum Barrett PC added a family law litigator with experience in complex cases who worked at the firm earlier in his career as a partner from Greenbaum Rowe Smith & Davis LLP, the firm announced Tuesday.
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Pierson Ferdinand Adds 8 Partners Across 6 Markets
Fast-growing Pierson Ferdinand LLP announced Tuesday that it has added eight partners across five U.S. markets and in London, enhancing the firm's capabilities in litigation, employment and corporate law.
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Office Snapshot: Bass Berry's Nashville Headquarters
Tennessee firm Bass Berry & Sims PLC recently announced the completion of its new Nashville headquarters, a space it said was designed to focus on culture and fostering connections between people, highlighted by the central staircase linking the office's eight floors.
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Law360's Legal Lions Of The Week
Sullivan & Cromwell LLP leads this week's edition of Law360 Legal Lions, after the Fifth Circuit vacated a pair of Biden-era regulations aimed at bolstering transparency in the short-selling market.
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Thompson Coe Elevates 18 To Partner Across Six Offices
Thompson Coe Cousins & Irons LLP has elected 18 new partners from rosters in six offices in Texas, Colorado and Louisiana, the largest partner class in the firm's history.
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Scores On July Bar Exam Rise Amid Dip In Test Takers
The number of examinees passing the multistate bar exam in July continued to gain momentum, with near record highs seen this summer over the past 12 years, according to an announcement from the National Conference of Bar Examiners.
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Law360 Names Attys Who Moved Up The Firm Ranks In Q2
A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. Law360 reveals the list of attorneys whose commitment to legal excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the second quarter of the year.
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Meet The Attys Facing Off In NJ's First Clergy Abuse Trial
A high-powered national plaintiffs litigation firm and several local trial experts will face off soon in New Jersey's first civil suit to go to trial alleging sex abuse claims against the Catholic order behind the Delbarton School in Morristown.
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Voir Dire: Law360 Pulse's Weekly Quiz
BigLaw firms announced a slew of new hires this week as the legal industry sees August recede in the rearview mirror. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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In Their Words: Will AI Kill The Billable Hour?
The rising use of generative artificial intelligence tools that allow attorneys to get work done faster is creating tension with the traditional model of billable hours. Here, six legal leaders give their take on whether AI will eliminate the billable hour.
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Tucker Ellis Names 2 Cleveland Attorneys As Practice Leaders
Tucker Ellis LLP announced Thursday that a pair of experienced Cleveland-based attorneys have been named the firm's newest practice leaders.
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Harris Beach Office Leader Talks Post-Merger Growth
Alfred R. Casella, a veteran trusts and estates attorney at Harris Beach Murtha Cullina PLLC, was recently named the managing partner of the firm's Hartford, Connecticut, office. In an interview with Law360 Pulse, Casella discussed the office's growth, hiring trends, what practice areas are busy and the momentum the firm has seen since the January combination.
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Law Firm Real Estate Report
Several law firms in the Mid-Atlantic region experienced a busy month of office moves in August, with New Jersey in particular seeing a number of relocations.
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Longtime John Hancock Counsel Joins Prince Lobel In Boston
Prince Lobel Tye LLP announced that a cybersecurity attorney with over 20 years of experience, including over a decade in-house at insurance company John Hancock, has joined the firm's Boston office as a partner.
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Balch & Bingham Adds Austin Energy Pro
Balch & Bingham LLP added a new energy partner in Austin, Texas, who has almost three decades of experience handling regulatory, transaction and litigation matters, including at his own firm.
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Ex-Law Dean Joins Tucker Arensberg's Litigation Team
A former dean at West Virginia University College of Law has recently returned to litigation after spending more than five years in education, joining Tucker Arensberg PC's Pittsburgh office to advise clients on civil and toxic tort litigation.
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Hinshaw Adds Consumer Financial Pro In NY From Bronster
The chair of the financial services, creditors' rights and bankruptcy group at bespoke firm Bronster LLP joined Hinshaw & Culbertson LLP as a partner in New York this month, according to an announcement.
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Why This Small-Firm Lawyer Charges $3,000 Per Hour
As a solo or small firm attorney, would you charge $3,000 per hour? Meet one attorney who does — and learn how his story of ultra-high prices could help you set your own rates.
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5 Mistakes Veteran Attorneys Would Avoid Given A Do-Over
Experienced lawyers say they'd do a few things differently if given the opportunity to go back to their early days of practice having gained years of perspective in the trenches of corporate law.
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How This Firm Hit Its Stride With 9-Figure Patent Verdicts
When several Russ August & Kabat attorneys secured a $122 million jury verdict for a client in an advertising patent infringement case against Amazon last summer, they kicked off a streak of nine-figure verdicts for the firm, including a $175 million win last month in front of a Texas federal jury.
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Law Firms Saw Strong First Half Of 2025, Wells Fargo Says
The legal industry saw strong performance during the first six months of 2025, according to a report released Tuesday from the Wells Fargo Legal Specialty Group, with strong growth in revenue largely driven by rising billing rates.
Expert Analysis
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The 10-Min. Rule For Building A Business Development Habit
Many lawyers assume that becoming a rainmaker requires a significant investment of time and effort, but the truth is that building a consistent habit of business development can start with just 10 minutes of strategic outreach a day, says Paul Manuele at PR Manuele Consulting.
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5 Pointers For Firm Leaders Communicating Tough Decisions
Certain law firm decisions — such as whether to challenge an executive order — cannot be crowdsourced, but leadership can collaboratively communicate these choices using strategies that build trust, reinforce values and preserve cohesion, says John Hellerman at Hellerman Communications.
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Biz Development Tip Of The Month: Create A Succession Plan.jpg)
Conversations around retirement and succession can be understandably difficult, but when attorneys make a plan for the transition early and effectively, they have the opportunity to not only keep work but also increase it, says Jillian McKenna at Verrill Dana.
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Looking Under The Hood Of The $3,000 Billable Hour
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In recent years, top-tier law firms have pushed hourly rates to unprecedented heights, with some partners commanding $3,000 per hour — but this eye-popping number doesn’t tell the full story, as there are numerous caveats and rigorous winnowing along the way, says Christopher Seck at Squire Patton.
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How Law Firms Can Keep Nonequity Partners Happy
Law firms that successfully manage two-tiered partnership do so by creating a culture that treats everyone with respect and by establishing financial incentives outside their base compensation to reward performance, says Carol Morganstern at Major Lindsey.
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Biz Development Tip Of The Month: Leverage Your Atty Bio
If maintained properly, your firm bio can help attract potential clients and create authentic connections, so it's crucial to take steps to write an updated attorney profile that goes beyond a list of credentials, says Raychel Lean at Reputation Ink.
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Ask A Mentor: How Can I Promote Thoughtful Use Of AI?
Eran Kahana at Maslon discusses how partners can encourage responsible use of artificial intelligence tools within their firms by learning to spot pitfalls common to AI-generated work product and championing firmwide procedures and trainings that address the risks of uncritically relying on this powerful but imperfect technology.
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Making Legal Cents: Firm Culture Is The New Game Plan
Law firm culture is often dismissed as a soft factor — merely platitudes on a website that seem disconnected from the bottom line — but by intentionally embedding a strong culture into day-to-day operations, law firms can achieve sustainable success, says Shireen Hilal at Maior Strategic Consulting.
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5 Questions Firms Must Ask For Successful Lateral Integration
To ensure that lateral partners effectively integrate their books of business, firms should design a structured transition plan based on a few fundamentals, from tracking the right data to implementing meaningful incentives, says Lana Manganiello at Practice Growth Partner.
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Goldilocks Solution: Why The 4-Day Office Week Is Just Right
As law firms continue to wrestle with return-to-office policies, many are being pulled toward one or the other of two extremes: the rigidity of a five-day in-office schedule and the laissez-faire approach of a flexible three-day hybrid model — but a four-day in-office workweek may be the sweet spot, says Paul Manuele at PR Manuele Consulting.
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As Attys Adopt Generative AI, 3 Elements Should Be Cardinal
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Biz Development Tip Of The Month: Prioritize Connections
One reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
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Overcoming US Law Firms' Hesitancy To Enter Indian Market
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
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Biz Development Tip Of The Month: Make A Plan For The Year
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.