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A cybercriminal collective that has ravaged law firms since at least 2023 is going back for seconds with a new method to steal valuable information, according to a new report on Thursday.
Foley & Lardner LLP is the latest law firm to alter the way it handles associate compensation and advancement to keep in line with Milbank LLP's update of its own associate pay scale in July.
A Florida-based law firm filed the most insurance coverage actions in the first half of 2026, primarily representing policyholders in property damage disputes, while BigLaw firm Gordon Rees Scully Mansukhani was the most frequent choice among insurer defendants.
Morrison Foerster LLP is recruiting summer associates for next year to work with its artificial intelligence tech team, in a move the firm says is meant to start a pipeline of younger attorneys with AI skills.
The founder of HeyCounsel, a network for solo practitioners and lawyers from boutique firms, said the wind-down of BigLaw firm Weil Gotshal & Manges LLP prompted him to launch a resume-sharing tool to help job-seeking lawyers find positions at small law firms.
Akin Gump Strauss Hauer & Feld LLP announced the firm has hired a former Justice Department criminal fraud attorney as a senior counsel in the firm's white collar defense and government investigations practice in Washington, D.C.
A former employee at Cravath Swaine & Moore LLP on Thursday was arrested and charged with insider trading for allegedly exploiting nonpublic information about major deals involving the firm's clients, including Paramount Skydance Corp.'s $110 billion acquisition of Warner Bros. Discovery Inc.
A team of 120 private funds attorneys from Weil Gotshal & Manges LLP, including 23 partners, is joining Gibson Dunn & Crutcher in New York, London and Washington, D.C., as their predecessor firm prepares to close its doors, according to an announcement on Thursday.
Kirkland reportedly bolstered its German litigation practice on Wednesday, hiring a litigator from Weil a day after partners at the 95-year-old Wall Street firm overwhelmingly backed its dissolution following a wave of departures.
A California attorney on Tuesday failed to persuade a Massachusetts federal judge to walk back sanctions that included attorney fees and removing him from a case for briefs containing fictitious and inaccurate citations.
Goodwin Procter LLP will raise base salaries for U.S. associates to the scale set by Milbank LLP this summer and announced tiered class-year and special bonuses going up to $140,000, according to a Tuesday report.
Sullivan & Cromwell LLP on Tuesday committed to taking on eight trainees from Weil Gotshal & Manges LLP, becoming the latest U.S. firm to take on trainees from the firm that said last month it would wind down operations following a wave of partner departures on both sides of the Atlantic.
Nvidia has hired Wachtell Lipton Rosen & Katz to lead an investigation into allegations that its founder and CEO had an affair with a business executive who U.S. intelligence believes is a Chinese spy, the artificial intelligence chipmaker said Tuesday.
The managed services organization formed by Wood Smith Henning & Berman LLP and Charlesbank Capital Partners has added a senior adviser with Charlesbank to the board, according to a Tuesday announcement.
Holland & Knight LLP announced Tuesday it has expanded its corporate, mergers and acquisitions, and securities practice with the addition of a longtime Nelson Mullins Riley & Scarborough LLP attorney in Florida.
Milbank LLP has taken space in a newly renovated office in Los Angeles, remaining in Century City.
Clifford Chance LLP has hired a private equity attorney previously with Sidley Austin LLP as co-chair of its global entertainment and sports sector team, the firm announced Tuesday.
Dechert LLP has hired an Alston & Bird LLP partner who's worked on residential and commercial mortgage loan deals as a partner on its global finance team in its New York City office, the firm announced Tuesday.
A Weil Gotshal & Manges LLP antitrust partner who has led the dissolving firm's Washington, D.C., office is headed to Kirkland LLP.
Margret Caruso of Quinn Emanuel Urquhart & Sullivan LLP led the team representing OpenAI Inc. in a trademark infringement action against Open Artificial Intelligence Inc. and obtained a victory at summary judgment, earning her a spot as one of the 2026 Law360 Technology MVPs.
Joshua S. Bauchner, partner and chair of the cannabis group at Mandelbaum Barrett PC, has helped multiple hemp and marijuana companies navigate interactions with regulators in New York and New Jersey through the states' rollout of legal retail cannabis, earning him a spot among the 2026 Law360 Cannabis MVPs.
Audra Soloway of Paul Weiss Rifkind Wharton & Garrison LLP helped convince a jury to clear ExxonMobil of allegations that it misled investors about the profitability of some of its oil and gas operations, earning her a spot as one of the 2026 Law360 Securities MVPs.
Nicholas Klein, the co-chair of DLA Piper's national security and global trade practice and the global co-chair of its CFIUS and global foreign direct investment practices, helped counter-drone, spacecraft and aerospace companies navigate U.S. and global regulatory challenges, in some cases with billions of dollars at stake, earning him a spot as one of the 2026 Law360 International Trade MVPs.
Vanessa Jackson, co-head of Davis Polk & Wardwell LLP's global finance practice, was lead counsel in several billion-dollar bridge loan and credit facilities over the past year, including Uber's €14.2 billion bridge facility in connection with its acquisition of an online food delivery provider, earning her a spot as one of the 2026 Law360 Banking MVPs.
Jamie Auslander of Beveridge & Diamond PC won a pair of high-profile victories against the Trump administration's offshore wind farm crackdown, leading to the vacatur of a presidential order in one and resumption of work on a wind project in the other, earning him a spot as one of the 2026 Law360 Environmental MVPs.
Weil Gotshal's recent wind down shows that a crisis of confidence can occur when attorney departures are interpreted as a firmwide problem, so firm leaders should be prepared to recognize the warning signs, understand who is shaping the story and plan for what may happen next, says Ryan McSharry at Infinite Global.
While the growing trend of private equity investing in law firms by creating management services organizations strongly echoes these funds’ earlier foray into the accounting industry, the different earnings bases of these professions mean that what investors actually acquire and how firms are valued will differ, says Tom Lenfestey at The Law Practice Exchange.
For legal departments competing for strong in-house talent, artificial intelligence strategy has become part of the employer value proposition, and companies should be prepared to explain it with the same rigor they expect from candidates, says Pamela Salling at Major Lindsey.
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Notes From A Partner-In-Charge On Local Office Culture
From encouraging innovation to boosting morale, using community building strategies to nurture a local office identity has multiple benefits for all aspects of a national law firm and its business, says Kate Gallin, leader of Epstein Becker's Boston office.
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Biz Development Tip Of The Month: Curate Your Web Presence
Lawyers can tighten their business development strategy by defining a niche digital presence, translating experience into client benefits in website materials, and using LinkedIn and attorney bios to demonstrate relevant expertise before prospective clients make contact, says Michael Mellor at 742 Advisors.
The American Bar Association recently released the first national study centered on the mental well-being of women lawyers, but their recommendations misidentify why women with access to firm wellness programs are reluctant to use them for therapy, says Annia Raja at Helm Psychology.
As private equity investors increasingly invest in law firms using management services organizations, several Internal Revenue Code principles provide a framework for evaluating market-based pricing terms that respects fee-sharing prohibitions and mitigates investor concerns, says Perry Urken at Ryan.
As the modern mandate for law firm leaders' responsibilities expands to become more untenable, a chairperson’s best work is reflected in teamwide judgment, the next generation's confidence and the firm's ability to act without routing every decision through one person, says Eric Belfi, chairman at Labaton Keller.
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Legal Tech Talks: Centari CEO On Shifting Atty Role
Kevin Walker, founder and CEO of Centari, discusses how new technology can expand access to information, identify issues earlier and allow attorneys to play a more continuous role in helping clients make decisions.
As strategic planning begins for the year ahead, firms must look beyond last year's numbers and ask harder questions about what is changing more broadly, what inside the firm needs to be fixed and what has to be true for the next investment or growth plan to work, says Shireen Hilal at Maior Consultants.
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RFP Reset: In The Age Of AI, Evidence Beats Eloquence
As firms increasingly use artificial intelligence tools to quickly produce highly tailored responses to requests for proposals, polished prose alone tells clients less than it once did, so in-house teams should compare meaningful evidence and measure whether promised value is actually delivered, says Roger Rutkowski at Mercedes-Benz USA.
For managing partners considering outside capital, one potential three-phase path could allow firms to transition from a traditional limited liability partnership to a publicly traded managed services organization structure, provided they keep ethical rules and regulations top of mind, say attorneys at Winston Taylor.
Though initial public offerings may represent the most efficient mechanism for recovering capital as private equity invests in law firm management services organizations, ethics rules, partner runs, shifting regulations and market pressures pose potential challenges, say attorneys at Winston Taylor.
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The GC's 1st 90 Days: How To Listen Before You Lead
For a new general counsel, scheduling conversations with your new team members, the C-suite and the company’s directors — where you can listen intently and strategically — is the fastest way to understand the company's fault lines and dynamics, says Alex Dimitrief, former general counsel at GE and Sotera Health.
As private equity investment in law firm management services organizations accelerates, initial public offerings may represent the most efficient mechanism for recovering capital at a multibillion-dollar scale, particularly if the transaction uses a tax-efficient partnership structure, say attorneys at Winston Taylor.