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Rapid business growth, cultural changes caused by remote work and generative AI are creating challenges and opportunities for law firm leaders going into the New Year. Here, seven top firm leaders share what’s running through their minds as they lie awake at night.
Executive orders, updated office attendance policies and private equity interests were three top issues that shaped the industry this year.
Alston & Bird LLP has reportedly unveiled its year-end associate bonus tiers, matching the market scale set by Cravath Swaine & Moore LLP this fall.
Carlton Fields' New York team has left the Chrysler Building, making room for potential growth in a high-rise just a few blocks away.
Milbank LLP has bolstered its New York office with the hire of a partner from Paul Hastings LLP with experience in the digital infrastructure and energy sectors, both in the U.S. and Latin America.
The New York City Bar Association's Professional Ethics Committee has issued an opinion addressing how the New York Rules of Professional Conduct impacts the use of artificial intelligence tools to record, transcribe and create summaries of conversations in audio and video calls between attorneys and their clients.
While the traditional idea of diversity, equity and inclusion in the workplace is often appearance-based, a group of McGlinchey Stafford PLLC leaders told Law360 Pulse that its approach to DEI goes further, embedding itself in the firm's cultural and operational ethos.
Pharmaceutical investment firm Royalty Pharma will soon have a new executive vice president and chief legal officer, as George Lloyd has decided to retire from that role effective Dec. 31, according to a recent U.S. Securities and Exchange Commission filing.
JPMorgan has unveiled new details in its ongoing legal fee fight with Charlie Javice, accusing the convicted financial aid startup founder's Quinn Emanuel defense counsel and other firms of billing for "absurd" and "outrageous" expenses, including specialty cocktails, cellulite butter, a Cookie Monster toy and $530 on gummy bears.
The managing partner of the New York City office of midsized law firm Robbins Geller Rudman & Dowd LLP is leaving with three other securities partners to join a new securities boutique that was launched by a lawyer who recently left Bernstein Litowitz Berger & Grossmann LLP in a contentious exit.
A retired prosecutor who protested Skadden Arps Slate Meagher & Flom LLP's deal with the Trump administration has sued New York City and others in federal court, alleging that his First Amendment rights were violated when he was arrested outside the BigLaw firm's headquarters in Manhattan.
This year, judges across the country grappled with attorneys' use and misuse of generative artificial intelligence, and prominent federal prosecutor battles dominated headlines in some of the top legal ethics matters of 2025.
Haynes Boone is handing its associates year-end and special bonuses in line with those offered by a significant portion of BigLaw this year, largely adhering to a bonus scale first put forward by Cravath Swaine & Moore LLP in November, a firm spokesperson confirmed Monday.
Billing rates from law firms varied widely in the first half of 2025, and corporate legal departments will need to anticipate tiered and regional shifts in fee dynamics to keep costs under control next year, according to a report released Monday by Wolters Kluwer's ELM Solutions.
As lawyers across the U.S. tally their hours and take stock of how the past year unfolded, a recent Law360 Pulse survey suggests many will meet their billable goals, but often at the expense of their mental health and work-life balance.
Tarter Krinsky & Drogin has hired a former Abrams Fensterman LLP partner who helped lead that firm's practice focused on cooperative and condominium work, as chair of its own cooperatives and condominiums practice, the firm recently announced.
Generative AI is raising questions about how time-based billing adapts when tasks become faster to complete, but most attorneys recently surveyed by Law360 Pulse are skeptical that AI will shift expectations anytime soon.
The architects of the deal to create a major new transatlantic player called Winston Taylor say that "there's no finishing point" to their plans for expansion as they signal an openness to more deals and even external investment.
Weil Gotshal & Manges LLP announced on Monday that it has added its ninth lateral partner to its private equity group this year, welcoming a former corporate attorney with Kirkland & Ellis LLP.
The U.S. Department of Justice indicated Friday that it will appeal the dismissals of headline-grabbing indictments of former FBI Director James Comey and New York Attorney General Letitia James, after a federal judge ruled the controversial prosecutor handling both cases was not properly appointed.
The blockbuster combination between Hogan Lovells and Cadwalader Wickersham & Taft LLP announced this past week involves two law firms that have charted very different paths in recent years. Here, a look at what events led up to the firms joining together at the deal table.
Foley Hoag's handling of a suit challenging the proposed White House ballroom and Vedder Price's work on a $2 billion transaction with Goldman Sachs lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Dec. 4 to 19.
A nonprofit's unusual plan to make a mass pardon request directly to the Trump administration highlights burgeoning optimism among white collar defendants about their chances of securing relief, and a recognition that the clearest path to clemency no longer runs through the traditional channels.
A Manhattan federal judge sentenced a disbarred California lawyer to 18 months in prison Friday for scheming to reap $4 million in advance fees for bogus letters of credit while holding himself out as chief of compliance for a fake bank.
Lowenstein Sandler LLP rolled out a new practice group this week focusing on state-level financial regulation to be co-led by the former chief of the Bureau of Securities in the New Jersey Office of the Attorney General.
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
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Ask A Mentor: How Do I Relay Shortcomings To Associates?
Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
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Ask A Mentor: How Can New Partners Generate Business?
Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.