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Cravath Swaine & Moore LLP and Faegre Drinker Biddle & Reath LLP lead this week's edition of Law360 Legal Lions, after a Ninth Circuit panel affirmed Epic Games Inc.'s 2023 antitrust jury trial win, along with an injunction requiring Google to open its Google Play Store to rivals.
As New York private equity heavy hitter Schulte Roth & Zabel LLP merges with McDermott Will & Emery LLP, industry observers say the tie-up is a smart and unique marriage that reflects the trend of consolidation among law firms, especially in markets like New York.
The legal industry ended July with another action-packed week as attorneys took on new firm gigs and in-house roles across the country. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
For the fifth straight month, the U.S. legal industry experienced job growth, adding 600 positions in July, according to preliminary data released on Friday by the U.S. Bureau of Labor Statistics.
Many BigLaw associates haven't seen a base pay scale increase since 2023, and inflation-adjusted associate salaries at large law firms appear to have fallen to a decade low. Additionally, experts say it's unlikely most large law firms will offer a pay boost before the end of the year.
State supreme courts need to address the nationwide "justice gap crisis" caused by too few attorneys, by emphasizing bar exam alternatives and more client work in law school to ensure the legal education pipeline produces new lawyers who are actually ready to practice, according to a new report.
July was a month of debuts for a handful of firms that opened offices and expanded into new markets. Arnold & Porter Kaye Scholer LLP entered the Seattle market with the help of three former K&L Gates LLP attorneys, and boutique Dunn Isaacson Rhee LLP opened its first office in Washington, D.C., after launching earlier this year.
Weil Gotshal & Manges LLP announced Thursday that it has welcomed three intellectual property lawyers from Latham & Watkins LLP, two of whom began their legal careers at Weil and will now co-head its IP, technology and science litigation practice.
K&L Gates LLP announced Thursday that it has named 14 new practice leaders, calling the appointments part of the firm's "commitment to investing in its emerging leaders and establishing the next generation of management."
The class of 2024 was the largest graduating law school class in nearly a decade, but it defied industry expectations by breaking records in overall employment rate, employment in jobs that require or anticipate bar passage, and median salaries, according to data released Thursday.
Law firms take great care to ensure their longevity. To develop leaders, they carefully identify, mentor and groom the next generation. While top firms can outspend them, some firms are finding alternatives to acquire and retain partners. In a bid to win the loyalty of key clients, firms are increasingly involving them in their lateral hiring processes.
Dillard's, the department store and e-commerce retailer, on Tuesday became the latest major company to propose relocating its incorporation headquarters from Delaware to Texas, one of several states now vying for the title of most corporate-friendly.
Womble Bond Dickinson announced Wednesday that it has bolstered its ability to tackle complex disputes and transactions in the construction and commercial sectors with the addition of a partner in Houston who came aboard from Munsch Hardt Kopf & Harr PC.
For over three years, Cahill Gordon & Reindel LLP has operated Cahill Academy, a year-round program for lawyer training, education and professional development. Here, Law360 Pulse talks to an executive committee member and a firm associate about how and why the program works.
As artificial intelligence increasingly becomes part of the way the legal industry does business, associates who incorporate lessons in using the technology into their daily work lives stand to differentiate themselves from other young attorneys, legal experts tell Law360 Pulse.
Jackson Walker LLP has reached another settlement with former bankruptcy clients to resolve fee disputes related to the concealed romance of a former partner with the firm and former Texas bankruptcy Judge David R. Jones, according to a motion filed Tuesday in Texas federal court.
In-house lawyers increasingly are having conversations about their compensation packages, with more than half of corporate legal department respondents saying in a recent survey that they had negotiated their pay in 2024 or 2025, according to findings released Tuesday by a legal executive search firm.
Munsch Hardt Kopf & Harr PC has added a construction and commercial litigator in Dallas who most recently served as a partner with Texas regional firm Griffith Davison PC.
Spencer Fane LLP has boosted its intellectual property practice group with a partner in Austin, Texas, who previously operated his own firm for more than a decade.
A Texas federal judge said he was "perplexed" by a Fifth Circuit panel's decision to reverse his sanction order against an attorney, saying in a Monday opinion that the attorney seemingly flouted the case governing litigation conduct by opposing a bid for an extension to reply.
A Texas magistrate judge has rejected Headwater Research LLC's bid to disqualify McKool Smith LLP from representing AT&T in a wireless patent infringement suit, determining that its attorneys weren't exposed to confidential information while working with a potential business partner.
Jackson Walker LLP has reached a $485,000 settlement with two former bankruptcy clients to resolve a dispute related to the concealed romance of a former partner and former Texas bankruptcy judge David R. Jones, according to a motion filed Friday.
Legal experts are weighing in on comments OpenAI Inc. CEO Sam Altman made during an interview last week about ChatGPT exchanges not having legal privilege, saying information put into the publicly available chatbot are discoverable during litigation.
Prince Lobel Tye LLP announced Monday that it is expanding with its first Texas office in Austin, a six-member team of patent and intellectual property litigators who came aboard from Dickinson Wright PLLC.
Several states are making information about their Supreme Court justices' finances and potential financial conflicts somewhat more accessible, according to a new report.
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.
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.
By initiating planning and processes to evaluate personal retirement goals and firm value early, longtime solo practitioners and small-firm owners can unlock a range of possibilities and potential buyers, setting up for a profitable exit and a rewarding transition, says Brent Daub at Gilson Daub.
When crafting an appellate brief, the focus for most lawyers is the argument section, but other sections also offer strategic opportunities to shape the court's perception of the case and favorably frame the issues, say attorneys at Frost Brown.
Kate Driscoll at Morrison Foerster suggests six questions to help candidates evaluate whether a secondment will benefit their career.