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Failing to send out bills in a timely manner and allowing overdrafts in client trust accounts are among the common mistakes that can cause big problems for solo and small firm attorneys, a lawyer who works with a legal tech company warned during a webinar this week.
Willkie Farr & Gallagher LLP is boosting its transactional team, bringing in a pair of Allen Overy Shearman Sterling corporate finance aces as partners in its Silicon Valley office, one of whom will also become the new co-managing partner of that office.
In the spirit of Valentine's Day, some February matchmaking involving large groups of lateral hires helped several law firms expand their footprints into new markets over the past month.
Holland & Knight LLP will reorganize its business section into separate units focusing on corporate, financial services and tax law effective March 1, the firm announced Thursday, with a slate of new leaders to helm the teams.
Kirkland & Ellis LLP secured trial wins for Uber in sexual assault mass litigation and for a railcar company defending against Norfolk Southern Corp. over the highly publicized East Palestine, Ohio, train derailment, earning the firm a spot as one of the 2025 Law360 Trials Groups of the Year.
Covington & Burling LLP helped Proctor & Gamble prevail in cold medicine multidistrict litigation and won a high-stakes baby formula trial for Mead Johnson in a plaintiff-friendly venue, earning it a spot among the 2025 Law360 Product Liability Groups of the Year.
Quinn Emanuel Urquhart & Sullivan LLP lawyers pulled out wins last year for a crypto founder in a major U.S. Securities and Exchange Commission litigation and got the Commodity Futures Trading Commission sanctioned after a high-profile forex case dismissal, earning the firm a place among the 2025 Law360 White Collar Groups of the Year.
Covington & Burling LLP's recent work advising Novartis on its $12 billion acquisition of Avidity Biosciences Inc., boosting the Swiss pharmaceutical giant's neuroscience portfolio, is among the reasons the firm landed among the 2025 Law360 Life Sciences Groups of the Year.
Gibson Dunn & Crutcher LLP's energy practice has played a central role in the rapid expansion of data centers throughout the U.S. and in record-setting utility transactions, and it even secured a more than $666 million damages verdict against Greenpeace, landing it a spot among the 2025 Law360 Energy Groups of the Year.
An attorney who combined her boutique with Perkins Coie LLP in 2022 to help launch its New York emerging companies and venture capital practice is transitioning to Orrick Herrington & Sutcliffe LLP, the firm announced Wednesday.
WilmerHale has rehired a former senior White House lawyer who served as the general counsel for the Biden-Harris reelection campaign and later for the Harris-Walz presidential campaign, the firm announced Thursday.
Barnes & Thornburg LLP has expanded its mergers and acquisitions and private equity teams by hiring a former Katten Muchin Rosenman LLP partner.
Greenberg Traurig LLP is growing its California team, bringing in a Procopio Cory Hargreaves & Savitch LLP tax and real estate expert as a shareholder in its San Diego office.
Levona Holdings urged a New York district court to permanently bar the former majority shareholders of Eletson Gas from exercising any control over the company or interfering with Levona's ownership of the preferred interests in the company, several weeks after the federal court vacated a $102 million arbitration award in the feud.
Squire Patton Boggs LLP said Wednesday that it is growing its Washington, D.C., office with the addition of a public lands and energy expert who spent the last year at the U.S. Department of the Interior following a string of in-house legal and government affairs positions.
Barnes & Thornburg helped rewrite the playbook for defending crypto traders by securing a complete dismissal of federal criminal and civil charges against an operator of one of the earliest bitcoin exchanges, and then convincing the government not to appeal, earning the firm's place among the 2025 Law360 White Collar Groups of the Year.
Susman Godfrey secured a $970 million arbitration award against Walgreens in a contract dispute over at-home COVID-19 test kits and won a $1.6 billion judgment against China Construction America Inc. related to the embattled building and opening of the Baha Mar megaresort in the Bahamas, earning it a spot among the 2025 Law360 Trials Groups of the Year.
Baker McKenzie's tax practice conquered several high-profile cases in the past year, advising prominent companies like Meta Platforms Inc. on its challenge of a multibillion-dollar income adjustment and S&P Global on its spin-off transaction, earning the firm a spot as one of the 2025 Law360 Tax Groups of the Year.
Jones Day last year successfully defended the entire U.S.-based firearm manufacturing industry in a $10 billion complaint filed by the government of Mexico that eventually made its way to the U.S. Supreme Court, one of several wins that earned the firm a place on the 2025 Law360 Product Liability Groups of the Year.
Davis Polk & Wardwell LLP attorneys advised Intra-Cellular Therapies Inc. on its $14.6 billion sale to Johnson & Johnson, guided Endo Inc. through its $6.7 billion merger with Mallinckrodt PLC and advised Novo Nordisk in its proposed $9.1 billion acquisition of Metsera, earning it a spot among the 2025 Law360 Life Sciences Groups of the Year.
Paul Weiss Rifkind Wharton & Garrison LLP guided Chevron in its all-stock, $55 billion acquisition of Hess Corp., marking the fourth-largest energy deal of all time and earning the firm a spot among the 2025 Law360 Energy Groups of the Year.
Dechert LLP's work navigating large, complex deals in Canada and the Bahamas, as well as completing two mega-refinancings for "trophy towers" in Manhattan, helped the firm earn a spot as one of the 2025 Law360 Real Estate Practices of the Year.
Cozen O'Connor's construction practice group has had major achievements such as successfully representing a joint venture for a $6 billion Massachusetts wind farm project and obtaining a $65 million settlement for Japanese transportation company Hitachi Rail in its yearslong lawsuit against the Massachusetts Bay Transportation Authority, earning the group a spot among the 2025 Law360 Construction Groups of the Year.
Both law firms and in-house legal teams say they are noticing an uptick in requests for proposals that demand greater detail on how outside counsel uses artificial intelligence to increase efficiency for client work.
Bradley Arant Boult Cummings LLP has bulked up its real estate offerings with a pair of partners in Dallas who came aboard from Maynard Nexsen PC.
As the year winds down and the pace of work slows, attorneys should reflect on what did and didn’t work to generate business in 2025, and start mapping out their 2026 business development plan now to set themselves up for success, says Ezra Crawford at Crowell.
Though firm leaders feel the most urgency about retaining rainmakers now, during compensation season, effective retention strategies are preemptive and year-round efforts anchored in meaningful support, tactical execution and credible follow-through, says Tom Orewyler at TO Comms.
Trust is the foundation of any great client relationship, but it isn’t built overnight or maintained passively — rather, counsel must consistently show up in small but important ways to become the trusted partner clients rely on when judgment matters most, says Andrew Dick at The L Suite.
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Biz Development Tip Of The Month: Make An Onboarding Plan
The investment required for a personalized client onboarding plan is minimal, but the return on investment — measured in client satisfaction, relationship strength and longevity, client referrals, and other business development opportunities — can be extraordinary, says John Reed at Rain BDM.
A number of trends will continue to reshape how people search, consume and trust information next year, and law firms will need to adopt forward-thinking content strategies — from generative engine optimization to interactive legal tools — to stand out, says Elizabeth Lampert at Elizabeth Lampert PR and Nancy Myrland at Myrland Marketing and Social Media.
Trends and statistics reveal that law firms of all sizes and practice areas remained attractive litigation targets this year, so firms must take concrete steps to avoid professional liability risks in the year to come, say Douglas Richmond and Andrew Ricke at Lockton Companies.
New job archetypes are rapidly replacing the traditional model of the lawyer as artificial intelligence proliferates, and to remain competitive, firms will need to embrace the diverse portfolio of talent required to navigate, design and critique algorithmic systems, says Dmitri Mehlhorn at Atoll Society.
Legal management services organizations, which outsource the administrative aspects of law firms to separate entities, are poised to disrupt the industry in the year to come, so firms and attorneys should consider the advantages and disadvantages of several MSO models, say Frederick Shelton and Ayven Dodd at Shelton & Steele.
Impostor syndrome prevails as a main root cause of attorney burnout, but sufferers can equip themselves with a series of practice tips that build confidence through evidence, not emotion, to address the mindset behind this damaging condition, says Jonathan Cohen at PNY.
Today's general counsel expect outside lawyers to show interest, relevance and value long before there is a live matter to address, including by engaging with attorneys at every level of the company and dispensing free advice thoughtfully, says Andrew Dick at The L Suite.
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Biz Development Tip Of The Month: Start Early In Your Career
Having the courage to embark on your legal business development strategy early in your career allows you to sooner reap the rewards of a strong network, which in turn can increase the momentum of referrals over the course of your career, says Kristin Housh at Sheppard Mullin.
As the legal profession navigates changes driven by artificial intelligence and broader pressures, leaders should consider behavioral research-backed strategies to translate enthusiasm into tangible results for team performance, say attorneys at King & Spalding.
Though law firms and private equity firms appear to be strange bedfellows, such combinations may offer opportunities for ailing midsize firms — which must be weighed against risks to culture, brand and growth prospects, say directors at FTI Consulting.
This year's Buying Legal Council Conference highlighted three emerging forces in how buyers and sellers operate in the legal ecosystem — artificial intelligence, data and preferred panels — and organizations would be well advised to combine them into an integrated framework for transparency, performance and collaboration, says Matthew Prinn at RFP Advisory Group.
As legal departments face mounting pressure to do more with less, general counsel should lead a structured process for adopting generative artificial intelligence tools to transform productivity, manage risk and align with enterprise priorities, says Maesea McCalpin at Gartner.