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Consovoy McCarthy PLLC and Smith Porsborg Schweigert Armstrong Moldenhauer & Smith lead this week's edition of Law360 Legal Lions, after the Eighth Circuit struck down the Federal Reserve's regulatory cap on the swipe fees that larger banks may collect on debit card transactions.
This year's New York attorney general race features a battle between two Brooklyn natives: a Holtzman Vogel partner whom President Donald Trump unsuccessfully nominated for a federal judgeship and the incumbent who has frequently clashed with the president.
The legal industry marked the last week of October with the death knell of a BigLaw powerhouse. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Weil Gotshal & Manges LLP helped pioneer modern bankruptcy practice and earned hundreds of millions of dollars leading many of the biggest Chapter 11 cases in U.S. history. Its collapse this week marks a stunning end to that legacy and reflects major changes in how law firms function today, attorneys told Law360.
Several law firms expanded their geographic footprints in October through new office openings and combinations with smaller firms, while others relocated to larger or redesigned spaces in major markets including Washington, D.C., Atlanta, Boston and Chicago.
Majority shareholders of a Central and South American telecommunications tower business fighting a $300 million arbitration award they were ordered to pay to the minority shareholders of that business have told the Second Circuit that the arbitrator was biased against them.
A series of leadership failures and strategic missteps preceded the precipitous downfall of Weil Gotshal & Manges LLP, sources told Law360 Pulse.
The stunning collapse of Weil Gotshal & Manges LLP is the talk of BigLaw this week, as those in the industry grapple with how the powerhouse Wall Street firm could implode so quickly.
The legal department at Rocket Cos. Inc., parent to Rocket Mortgage, has stopped short of requiring employees to use artificial intelligence tools at work, at least for the time being, one of its top lawyers said Thursday, adding that the company was tracking AI use by workers.
Many solo attorneys and small firm leaders hire nonlawyers to handle billing, bookkeeping and other administrative tasks, but knowing how much help they really need can sometimes be a struggle.
As Weil Gotshal & Manges LLP prepares to wind down operations, more than 1,000 attorneys worldwide find themselves job-hunting in an already crowded market.
Barnes & Thornburg LLP announced Thursday it has hired two litigation partners who will work with product liability and mass torts matters in New York and Washington, D.C.
Proskauer said Thursday it has promoted 21 lawyers to its partnership, a slight decrease from 2025, with its London office accounting for around a quarter of the newly elevated group.
Morrison Foerster announced the addition of two litigators from Paul Weiss Rifkind Wharton & Garrison LLP on Thursday as partners in New York, including a returning partner who will lead the firm's business litigation and disputes team.
Davis Wright Tremaine LLP announced a new training program Wednesday that will bring a group of firm attorneys together to explore how to incorporate artificial intelligence into the practice of law.
A New York federal judge on Wednesday called for live testimony from two Proskauer Rose LLP attorneys and Reddit's deputy general counsel as he weighs the law firm's bid to represent Perplexity AI in a lawsuit from Reddit, the firm's former client, over alleged data scraping.
FBT Gibbons LLP has hired a former Michelman & Robinson LLP partner who specializes in commercial real estate deals and a former Baker McKenzie tax partner for partner roles in its New York City office.
Weil Gotshal & Manges LLP, the restructuring powerhouse that led Lehman Brothers, Enron and General Motors through bankruptcy, told Law360 Pulse Wednesday that the firm is preparing to wind down operations.
In a flurry of recent securities filings, Madison Square Garden announced its name change, completed its spinoff of the New York Rangers into a separate company and restated its employment agreements with top executives, including for its now-Chief Legal Officer Jamaal Lesane.
Kaufman Dolowich has added a maritime and admiralty law attorney in New Jersey and New York from Hill Rivkins LLP to bolster its capacity to advise clients involved in maritime, transportation and other disputes.
Two judges on a New York state appeals court panel pushed back on arguments by the state's Office of Court Administration that no reports related to investigations of court personnel can be considered final under the state Freedom of Information Law until all proceedings have concluded.
Judge Alvin K. Hellerstein, a former litigator and sometimes impatient Manhattan federal jurist who presided over decades of high-profile cases that often came under close appellate scrutiny, died Wednesday at the age of 92.
Millions of federal student loan borrowers face pending deadlines for changing their repayment plan, and the cost of doing nothing could lead to potentially higher monthly bills, financial experts tell Law360 Pulse.
The days getting shorter and the approach of the holiday season are signs that another annual ritual is fast approaching: the year-end review for associates.
ArentFox Schiff recently celebrated the 10th anniversary of the firm's three-year AFS Fellows Program, an initiative to develop the next generation of leaders who drive results.
As generative artificial intelligence tools become embedded across the entire digital ecosystem, law firm leaders can build an enduring footprint with five factors that ensure their firms remain visible no matter how underlying models evolve, says Melanie Trudeau at Reputation Ink.
With firms increasingly offering the nonequity partnership tier, the position can become either a parking spot to help build a book of business or a permanent landing zone, and for those who want to become equity partners, business development matters more than ever, says Kate Reder Sheikh at Major Lindsey.
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RFP Reset: Focus On Execution, Not Just Expertise
Law firms that treat responses to requests for proposal as concrete evidence of staffing, budgeting, communication and project management discipline will be better positioned to win business from legal departments than firms that tout generic credentials alone, says LaResa Young at St. Jude Children's Research Hospital.
Lawyers can’t develop artificial intelligence fluency from continuing legal education courses, webinars or email updates, so firm leaders must foster conditions that are conducive to attorney learning if they want AI investments to deliver their promised return, says Adrienne Prentice at Keep Company.
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Being A Singer Makes Me A Better Lawyer
Before law school, I spent seven years trying to make it as a professional singer in Los Angeles, and nearly everything I learned about preparation, humility, confidence and more has followed me into my legal practice, says Jessica Caterina at Moses & Singer.
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.
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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.
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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.
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Bass Fishing Makes Me A Better Lawyer
Landing a trophy striped bass and closing a big deal both require cultivating the patience to finesse — not force — your way to desired outcomes, changing course when your old approach isn’t working and learning from the ones that got away, says Jon Ruiss at Alston & Bird.
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.
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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.