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A court-appointed receiver argued Friday that Baker Donelson Bearman Caldwell & Berkowitz PC is on the hook for at least $2.8 million following a jury's verdict finding the firm committed negligent supervision amid a Mississippi timber company's $164.5 million Ponzi scheme.
Gibson Dunn & Crutcher LLP has hired a former Kirkland & Ellis LLP trial lawyer and litigator who previously clerked for two U.S. Supreme Court justices, and who was a top attorney for U.S. Senate subcommittees focused on antitrust and investigations.
Colorado has enacted a ban on lawyers sharing fees with nonlawyer-owned firms, such as alternative businesses in Arizona, as well as a prohibition on deals with managed services organizations that involve paying a percentage of firm income.
A WilmerHale attorney has won the election to lead the D.C. Bar over a Vedder shareholder, the bar announced Monday.
Kilpatrick Townsend & Stockton LLP has announced the launch of Kilpatrick Labs, an innovation program focused on developing and deploying artificial intelligence tools for the firm's attorneys, professional staff and clients.
Womble Bond Dickinson has brought on an Alston & Bird LLP partner to its Atlanta office, strengthening its patent prosecution and litigation practice.
Greenberg Traurig LLP has added a shareholder and two other attorneys from Murphy Austin Adams Schoenfeld LLP to bolster its healthcare and FDA practice group, including one who led her former firm's healthcare group.
Washington, D.C.-based Groom Law Group is the latest firm to match a new pay scale for associates that was set earlier this month by Milbank LLP, according to media reports Monday.
When Elizabeth Cabraser began working with Robert Lieff as a clerk at his small practice in Northern California in the late 1970s, fresh out of law school, her job was to help him dispose of his remaining cases so he could retire early and become a winemaker.
A senior vice president with Aon's global mergers and acquisitions and transactions solutions team has rejoined McGuireWoods LLP as a partner in San Francisco, the firm announced Monday.
Latham & Watkins LLP announced Monday that it has fortified its litigation presence in Texas and nationally with an Austin, Texas-based partner who arrived from Kirkland & Ellis LLP.
Seyfarth Shaw LLP has opened an office in Miami with the addition of an attorney from Littler Mendelson PC who will lead both the office and the firm's Latin America practice.
Clifford Chance LLP said Monday that it has promoted seven lawyers across the firm to the role of local partner, a position that sits outside the global partnership.
The Second Circuit should uphold the dismissal of a Chinese software company's legal malpractice suit and $635,000 in sanctions against it and its lawyers, DLA Piper has argued, citing previous favorable rulings in the matter by a federal magistrate judge, district court judge, state justice and five-judge panel of the New York state appeals court.
Jones Day announced that the former leader of Orrick Herrington & Sutcliffe LLP's financial and securities litigation practice has joined the firm's Irvine, California, office as a partner.
Erwin Chemerinsky, dean of the University of California, Berkeley School of Law, has urged the courts to examine a lesser-known concurring opinion in a 1952 U.S. Supreme Court decision on a steel mill case when judging the modern limits of presidential power.
Diversity Lab announced Friday it has closed, saying it was pushed "to the brink of bankruptcy" after the Federal Trade Commission sent warnings to dozens of law firms that participated in its program designed to promote diversity in the legal industry.
The U.S. Supreme Court issued three opinions this week, two of which affirmed federal government agencies' ability to hit companies and individuals accused of wrongdoing with monetary fines. Here, Law360 Pulse takes a data-driven dive into the week that was at the high court.
Morrison Foerster LLP has expanded its employment and labor group in Los Angeles with the addition of a former McDermott Will & Schulte attorney.
As Dykema Gossett PLLC celebrates its 100th anniversary, its CEO told Law360 Pulse on Friday that the firm is eyeing more growth of its existing 13 offices, as well as potential expansion into new markets.
Litigation boutique Dunn Isaacson Rhee LLP is the latest firm to announce midyear associate bonuses and is distributing payouts of between $10,000 and $25,000, according to an internal memo viewed by Law360.
The legal sector saw 1,200 more jobs in May after gaining 1,900 positions the month before, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.
Venable LLP has added an attorney from Jenner & Block LLP who also worked for the Federal Trade Commission's Bureau of Competition, to bolster its capacity to advise clients about antitrust and other matters.
Gibson Dunn & Crutcher LLP told a Texas federal judge that a Hispanic former employee's race bias suit claiming she was denied promotions and mocked for her accent belongs in arbitration, arguing she is bound by a pact stating she would resolve all employment disputes outside of court.
John Yanchunis of Morgan & Morgan PA has been at the forefront of data privacy litigation for nearly three decades, but what stands out to his colleague Ryan McGee is not the litany of wins but the attorney's humility.
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.
Two recent reports shift the legal posture of every organization deploying artificial intelligence agents because they establish the foreseeability, for negligence liability purposes, of an AI agent becoming weaponized for data exfiltration, says Camilo Artiga-Purcell at Kiteworks.
Firms willing to develop a new operating model, where AI-powered legal tech is paired with deep industry expertise and a different incentive structure, can win over companies looking to consolidate their legal needs with a single provider, says Lana Manganiello at Practice Growth Partner.
Law firms trying to weave artificial intelligence into summer associate programs should build a program that isn't really about AI but teaches students how to think about using AI, with the goal of building judgment, understanding implications and leveling up in a way that's repeatable, says Zeynep Ersin at Seyfarth.
Series
Biz Development Tip Of The Month: Don't Obstruct Knowledge
Lawyers and firms should treat knowledge transfer as a business development function, using the sharing of context and institutional know-how to preserve continuity through change, strengthen relationships and create long-term competitive advantage, says Mark Wraight at Stinson.
The biggest question about private equity moving into the legal sector is no longer whether it can financially succeed, but how law firms can contend with the unavoidable economic, institutional and ethical tensions introduced by external ownership without compromising their core professional commitments, say Kirsten Vasquez and Allison Rosner at Major Lindsey.
As potential clients use artificial intelligence tools instead of search engines when looking for counsel, it is a democratizing moment for specialized midsize firms and a compression threat for generalist big-firm brand positioning, says Ronn Torossian at 5WPR.
Private equity capital has been flowing into accounting firms for years, with investors developing creative structures to work within that field's specific ownership restrictions, and the framework developed by these transactions offers valuable insights for law firms looking for outside investment, says Russell Shapiro at Levenfeld Pearlstein.
Series
Legal Tech Talks: StrongSuit CEO On The AI Gold Rush
Justin McCallon, CEO of StrongSuit, discusses how the potential for automation and insight generation with artificial intelligence is massive, but that in legal work, especially litigation, the margin for error is essentially zero.
When law firm leaders provide work product feedback by identifying errors instead of offering guiding input, they miss a key opportunity to treat feedback as a professional development and leadership tool, but several practices can help bridge the gap between intent and impact, says Janet Jackson at Well-Law.
Many law firms are using generic decks for multiple client presentations to articulate their artificial intelligence strategy, but in order to differentiate themselves, it's important to bring marketing teams into the fold to identify what's actually distinctive about how a firm uses AI, says Eric Greenberg at Cox Media.
The Legal Marketing Association's recent annual conference underscored how advances in artificial intelligence and shifting client expectations are causing law firms to evolve into more structured, data-driven businesses that place greater emphasis on strategy, implementation and measurable results, say Maria Aronson and Gina Rubel at Furia Rubel.
Series
Biz Development Tip Of The Month: Build Relationship Habits
Meaningful relationships are foundational to business development, and they can be deliberately fostered through a set of habits for authentically, intentionally and consistently connecting with clients and colleagues — starting with people you already know and like, says Matthew Moran at V&E.