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The path to equity partnership remains steep for many women in law, yet some firms are helping to shatter the glass ceiling and advancing opportunity at the highest levels of leadership.
In today's turbulent times — especially regarding technology — general counsel are having to brief the board on geopolitical volatility as much as on legal issues, an expert panel told an AI legal conference Wednesday.
A New York-based corporate capital markets attorney is set to take over as Cleary Gottlieb Steen & Hamilton LLP's managing partner at a time when the firm is already on a strong growth trajectory.
A Manhattan federal judge on Thursday sentenced Nadine Menendez to 4½ years in prison following her conviction at trial for aiding her husband Bob Menendez's corruption by acting as the go-between for bribe payments made to the former U.S. senator to help further the business and personal interests of three New Jersey businessmen.
A former senior U.S. Department of Justice lawyer and senior counsel for former President Barack Obama has joined Italian digital media technology and life sciences firm Portolano Cavallo to bolster its cross-border capabilities, it announced Thursday.
The impending departure of another prominent practice team from Cadwalader Wickersham & Taft LLP is raising questions about the firm's outlook and the struggles of elite midsize law firms in New York.
Taft Stettinius & Hollister LLP continued to expand its financial technology practice with the recent addition of an attorney who moved his practice to Taft's New York office after nearly three years with Lowenstein Sandler LLP.
Lawyers must do more to promote and protect the democratic process in the United States, the American Bar Association Task Force for American Democracy said in a new report released Wednesday.
A former partner at a New York litigation firm announced Tuesday that he is striking out on his own, opening a Manhattan boutique equipped to serve state-run advocacy groups, science and research organizations, fellow attorneys and more.
Cleary Gottlieb Steen & Hamilton LLP announced Wednesday that a corporate capital markets attorney who has spent his entire 31-year career at the firm has been elected managing partner.
Kirkland & Ellis LLP has enhanced its fintech regulatory compliance capabilities in New York with the addition of an experienced corporate partner who joins the firm from McDermott Will & Schulte.
Compass Inc. hired a former Cooley LLP antitrust partner and a former U.S. Department of Justice antitrust attorney as its new chief legal officer, the residential real estate brokerage announced Tuesday.
The U.S. Senate confirmed two judges Tuesday, one for Florida and the other for Missouri.
Accounting firm BDO sought to fend off most of the claims in a $75 million discrimination suit brought by a former tax partner who took leave when her son had a stroke, telling a New York federal court she was not an employee protected by the laws she says the firm violated.
A day after newly released documents related to Jeffrey Epstein listed Kathryn Ruemmler as a backup executor on the sex offender's will, Ruemmler, the top lawyer for Goldman Sachs, said on Tuesday that she had "never served in any capacity relating to the estate."
The name partner of a securities and corporate boutique, alongside a former partner and associate, have moved their practices to McCarter & English LLP to continue representing clients in a range of corporate matters, the firm announced Thursday.
Managed services organizations are quietly gaining ground in the U.S. legal industry as private equity companies eye the use of MSOs to overcome rules against fee sharing and nonlawyer ownership of firms, but critics warn that such a shift could open up an ethical Pandora's Box.
New York Attorney General Letitia James recently retained top attorneys at Munger Tolles & Olson LLP amid ongoing federal investigations related to her office's past cases against the Trump Organization and the National Rifle Association.
The Second Circuit vacated a lower court order that prevented New York Attorney General Letitia James from stopping a bankruptcy education nonprofit from advising low-income debtors Tuesday, saying that while the state's unauthorized practice of law statutes regulate speech, they are content neutral and should be reviewed under intermediate scrutiny.
Barclay Damon LLP on Tuesday announced the launch of a multidisciplinary pharmacy team to represent pharmacies, wholesalers and related clients, with attorneys from groups such as litigation, labor and employment, and bankruptcy.
The New York federal judge tasked with sentencing Nadine Menendez in the high-profile public corruption case that also ensnared her husband, a once entrenched New Jersey politician, will weigh a higher number of mitigating factors than in the usual criminal case, leaving her ultimate penalty a question mark to legal observers.
Law firms have steadily but slowly increased the share of attorneys of color over more than a decade, but recently the increases have come at a slower pace. Here's our data dive into representation and inclusion at law firms in the U.S.
Law360 Pulse's Diversity Snapshot evaluates how firms hire, promote, and retain talent in line with available pipelines, providing a detailed demographic analysis. Here's a more detailed look at the representation of attorneys at the associate and partner levels.
Diversity at the top ranks of law firms in the U.S. has shifted only incrementally over recent years. But some firms are outpacing their peers and taking demonstrable steps to tap into a wider talent pool.
Law360’s latest Diversity Snapshot ranking suggests that a modest number of firms are keeping up with the potential talent pool. Here's the latest look at how law firms match up against their peers.
Law firms that successfully manage two-tiered partnership do so by creating a culture that treats everyone with respect and by establishing financial incentives outside their base compensation to reward performance, says Carol Morganstern at Major Lindsey.
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Biz Development Tip Of The Month: Leverage Your Atty BioIf maintained properly, your firm bio can help attract potential clients and create authentic connections, so it's crucial to take steps to write an updated attorney profile that goes beyond a list of credentials, says Raychel Lean at Reputation Ink.
Eran Kahana at Maslon discusses how partners can encourage responsible use of artificial intelligence tools within their firms by learning to spot pitfalls common to AI-generated work product and championing firmwide procedures and trainings that address the risks of uncritically relying on this powerful but imperfect technology.
Law firm culture is often dismissed as a soft factor — merely platitudes on a website that seem disconnected from the bottom line — but by intentionally embedding a strong culture into day-to-day operations, law firms can achieve sustainable success, says Shireen Hilal at Maior Strategic Consulting.
To ensure that lateral partners effectively integrate their books of business, firms should design a structured transition plan based on a few fundamentals, from tracking the right data to implementing meaningful incentives, says Lana Manganiello at Practice Growth Partner.
As law firms continue to wrestle with return-to-office policies, many are being pulled toward one or the other of two extremes: the rigidity of a five-day in-office schedule and the laissez-faire approach of a flexible three-day hybrid model — but a four-day in-office workweek may be the sweet spot, says Paul Manuele at PR Manuele Consulting.
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Biz Development Tip Of The Month: Prioritize ConnectionsOne reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.
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Talking Mental Health: Caring For Everyone As A Firm LeaderReid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.
LinkedIn has several features law firms can use to showcase their capabilities and thought leadership to reach prospective and existing clients, including the Event and Live features, says Sofia Millar at Reputation Ink.
Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.