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Attorneys representing the government could face "more demanding" obligations to disclose misconduct by people within their client organizations than attorneys representing private entities, according to an ethics opinion issued Wednesday by the American Bar Association.
Shortly after announcing the close of its $670 million debut fund, private equity firm Uplift Investors and its associated management services organization announced Wednesday that they have reached a contract with a New England personal injury firm, the fourth one announced this year.
A retired Simpson Thacher & Bartlett LLP partner who handled the fundraising round alleged to have destroyed Patriot National Inc. testified in a Florida state malpractice trial Wednesday that the insurance services company waved off his attempt to present details to the board.
The president of the American Bar Association defended how the organization accounts for diversity, equity and inclusion efforts when accrediting law schools, telling a congressional task force Wednesday that diversity enhances the legal profession.
DLA Piper urged an Illinois federal judge to toss a Palestinian attorney's suit claiming the firm revoked a job offer out of discrimination, arguing it rescinded the offer because she concealed allegations that she assaulted someone at a protest.
Jackson Lewis PC announced the elevation of two office managers and longtime firm attorneys to co-leaders of the employment litigation group this week.
Nearly 12% of the class of 2024 have already left their first jobs at the top 50 firms, and Kirkland & Ellis LLP has taken in the most first-year laterals, according to new statistics from legal data company Firm Prospects LLC.
McGuireWoods LLP has added depth to its energy sector finance offerings with a Houston-based partner who came aboard from Kirkland & Ellis LLP.
The founder of Quinn Emanuel Urquhart & Sullivan LLP's artificial intelligence and data analytics litigation group who built a career on bet-the-company disputes has launched his own New York City boutique.
The University of Chicago Law School and the University of California, Berkeley School of Law have laid out two approaches for regulating student AI use, charting divergent paths when educational institutions across the nation are looking for guidance on how to grapple with the role of the technology in legal education.
A real estate firm is accusing Holland & Knight LLP and three attorneys of malpractice in a new complaint filed in Florida state court and is seeking up to $1.2 billion in damages after more than 30 states opened investigations into the company's practices.
A proposed class action against Pillsbury Winthrop Shaw Pittman LLP over a data breach last year has been voluntarily dismissed by the named plaintiffs, following a granted motion to stay in April to discuss mediation.
Sullivan & Cromwell LLP has hired a new national security and foreign investments and trade regulations practice partner to its Washington, D.C., office, the firm announced Tuesday.
Thompson Hine LLP on Wednesday announced the opening of an energy practice with a four-lawyer team split between the East and West coasts.
A group of Democrats demanded Tuesday that Skadden Arps Slate Meagher & Flom LLP disclose details of its pro bono arrangement with the Trump administration in light of allegations the firm advised both Intel Corp. and the U.S. Department of Commerce when the administration received a 10% company stake.
Federal lobbying revenue reached new highs for some law and lobbying firms in the second quarter of the year, growth that comes as lobbyists and their clients prepare for potential political changes after the midterm elections.
The former chief financial officer of Patriot National Inc. testified to a Florida jury on Tuesday that "chaos" broke loose as funds that Simpson Thacher helped steward for the insurance services company hit public markets and executives found out that its terms differed from their understanding of them.
A former C-suite executive with Clifford Chance and Baker McKenzie is teaming up with tech-enabled managed services provider Opensity to launch a new law firm managed services organization practice.
A congressional task force focused on constitutional rights plans to hold a hearing Wednesday to look into what its Republican chairman called the American Bar Association's use of law school accreditation to promote diversity, equity and inclusion policies in academia.
Baker McKenzie has hired two attorneys, in Washington, D.C., and New York, who focus their practices on life sciences transactional matters and intellectual property issues, the firm announced Tuesday.
Mintz Levin Cohn Ferris Glovsky and Popeo PC announced Tuesday that it has bolstered its venture capital and emerging companies practice with a San Francisco-based corporate partner who came aboard from Baker Botts LLP.
Allen Overy Shearman Sterling has hired a former Davis Polk & Wardwell LLP counsel as a restructuring partner in New York.
U.S. business interests are turning to state legislatures to stymie litigation funders after a string of failed efforts in Congress, fueling a flurry of recent legislation that could shape the future of the multibillion-dollar industry.
International labor and employment law firm Fisher Phillips has added a four-attorney team through a combination with Dallas litigation boutique Stewart Law Group PLLC.
Kirkland & Ellis LLP has added a Willkie Farr & Gallagher LLP real estate partner who advises his clients on digital infrastructure transactions and construction financing.
During the early days in the general counsel role, establishing a CEO relationship that holds under pressure is dependent on earning access, communicating in business terms and advising candidly — all before a crisis arises, says Chaka Patterson, former general counsel at Adtalem Global Education.
Series
Biz Development Tip Of The Month: Harness Client Trust
Clients stay with counsel not simply because their lawyers follow the rules, but because they feel safe, respected and heard, making trust essential to business development, especially in high-stakes matters where reputational risk runs high, says Derrelle Janey at Olshan Frome.
Series
Legal Tech Talks: Summize GC On Operating Strategically
Lexi Lutz, general counsel of Summize, discusses how legal tech can make lawyers more proactive and less tied up in repetitive process work, so that they can spend more time acting as real business partners.
Junior lawyers can harness artificial intelligence to identify where they are gaining traction with clients and build a data-driven business development foundation long before conversations about partnership track begin, says Tigist Kassahun at Vinson & Elkins.
Recent research demonstrates that the organizational qualities that make for a good associate experience, like strong leadership, are also strengths that prove critical to successful artificial intelligence implementation, say Cait Evans at Chambers and Partners, and Vivek Mohan and Meredith Williams-Range at Gibson Dunn.
Section 4 of President Donald Trump's executive order promoting the advancement of artificial intelligence innovation and security establishes a federal baseline around AI agents, so general counsel cannot wait for enforcement to define the standard, says Camilo Artiga-Purcell at Kiteworks.
Series
RFP Reset: Standardize Pricing Requests
To keep up with rising legal costs amid an industry overhaul fueled by artificial intelligence, legal departments can make outside counsel requests for proposal more defensible and cost-effective by making pricing requests uniform, requiring comparable fee templates and evaluating staffing assumptions, says Colin Levy at Malbek.
The law firm marketing efforts with the best return on investment are things that actively provide value to potential clients: practical business guidance, uncluttered proposals that anticipate their questions and opportunities to participate in curated industry conversations, says Shireen Hilal at Maior Strategic Consulting.
To ensure continued success, law firm leaders helming their firms through the legal industry revolution should take inspiration from the Founding Fathers' bold decisions, such as James Madison's abandonment of the Articles of Confederation and George Washington's trust in junior officers', says Samuel Pond at Pond Lehocky.
The artificial intelligence conversation among law firm leaders has advanced from adoption to governance and business impact, but it hasn’t resolved who maintains ownership and operational responsibility, which should be determined by the range of functions that AI touches, says Jennifer Johnson at Calibrate.
Series
Biz Development Tip Of The Month: Practice AuthenticityAttorneys who demonstrate who they truly are and what they stand for by sharing the human impact of their results, earning the media's trust by providing accessible analysis, and providing hands-on aid to their communities can build stronger reputations than any advertising budget can buy, says Ray DeLorenzi at RebuttalPR.
Legal artificial intelligence is on a similar trajectory as the internet in the dot-com era, where several internet companies failed after the initial market frenzy, but even if AI company valuations take a hit and the industry goes through a major reordering, legal leaders should note that the technology itself remains genuinely transformational for the delivery of legal services, says Gabriel Buigas at Integreon.
Opinion
Keeping PE Out Of Law Is Job For Courts, Not Capitols
Efforts by lawmakers in California, Colorado and Illinois seeking to bar private equity firms, hedge funds and other nonattorney investors from owning or financing law firms risk intruding on authority that state constitutions and the inherent powers doctrine have traditionally assigned to the judiciary, says attorney Felix Shipkevich.
Ross McNairn, founder and CEO of Wordsmith AI, discusses how the lawyers who treat legal work like an engineering problem and can deploy legal intelligence at scale will define the next decade.
BigLaw firms about to tackle a website redesign need to understand the fundamental changes to costs, timelines, vendors and technology since their last big update so their leadership teams can steer resource management decisions away from costly potential mistakes, says Stephan Roussan at Vertical Minds.