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Lawyers are billing fewer hours, even as their rates soar, ushering in what appears to be a "new normal" for billable hours.
California-based legal artificial intelligence startup Eudia announced Thursday the acquisition of alternative legal services provider Out-House, as well as its founder and attorney Lynden Renwick.
It's a good thing she's an endurance runner. In a little over a year as chief legal and administrative officer of WW International Inc., better known as WeightWatchers, a very busy Jacquie Cooke has helped navigate the company through a bankruptcy reorganization as well as guide it through the changing protocol to sell weight loss drugs.
Intellectual property firm Knobbe Martens has named two longtime trademark and IP attorneys based in Orange County, California, to head the firm's trademark and brand protection group.
Employment for the class of 2024 reached near-record levels, but graduates from underrepresented backgrounds were less likely to secure attorney positions or judicial clerkships, according to newly released data from the National Association for Law Placement.
Latham & Watkins LLP is expanding its environmental team, announcing Wednesday it is bringing in a Bryan Cave Leighton Paisner LLP expert on chemicals, especially "forever chemicals," as a partner in its San Francisco Bay Area offices.
Hinshaw & Culbertson LLP on Wednesday announced a new website and rebranding during what it calls a period of strong financial performance and growth.
A California state judge has been publicly censured for taking more than six months to issue some decisions and lying about those delays on his salary affidavits, according to the state's judicial ethics body.
Los Angeles-based Michelman & Robinson LLP announced it has made its first expansion outside the U.S. with the launch of a London office.
A California federal judge ruled Tuesday in multidistrict litigation accusing Uber Technologies Inc. of failing to prevent drivers from sexually assaulting passengers that plaintiffs' counsel must disclose any ties to third-party litigation funding companies by next week, but stopped short of ordering all plaintiffs' counsel to affirmatively deny any connection.
More than a third of major public companies in a study cite AI as a risk factor in their annual financial filings, and 73% report they are aligning with external cybersecurity standards. Both numbers are significantly higher than last year.
Wilson Sonsini Goodrich & Rosati PC continues adding Cooley LLP attorneys to its corporate team, announcing Tuesday it is bringing in a capital markets expert as a partner in its San Francisco office.
Los Angeles boutique Newell Law Group has hired an entertainment industry veteran in a new role bolstering its nonlegal television and film packaging and sales arm, the firm announced Monday.
Fisher Phillips has continued its recent growth throughout the last month with the addition of four partners at offices across the country, the firm said Tuesday.
As BigLaw firms continue to post record-breaking revenues, we're highlighting the firms that reported more than $1 billion in gross revenue in the most recent calendar year.
Check out our Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, attractiveness to attorneys and law students, ability to secure accolades and positive legal news media representation.
The law firm market has undergone unprecedented change in recent years, allowing for more upward mobility for some firms yet presenting risks for the longtime stalwarts of prestige. Here's how law firms navigate those shifting dynamics.
Clients gravitate towards firms with sterling reputations, and so does exceptional legal talent. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction.
Ropes & Gray LLP has announced that it will stick to its unique one-tier partnership structure and is promoting 21 attorneys from four offices to partner as of Nov. 1.
Latham & Watkins LLP is expanding its corporate team, bringing in a Gibson Dunn & Crutcher LLP intellectual property transaction expert as a partner in its San Francisco Bay Area offices.
While shifts this year in federal diversity, equity and inclusion guidelines may have changed the way corporate legal teams track and share demographic information — including for their external counsel — a panel of in-house attorneys who spoke Monday said their work on the issue continues.
Katten Muchin Rosenman LLP has promoted a longtime real estate finance attorney to be the new head of its Los Angeles office.
Elon Musk's informed written consent does not mean that Quinn Emanuel Urquhart & Sullivan LLP partner Alex Spiro can serve as both his lead counsel and witness in the trial over a class of investors' allegations that Musk tried to tank Twitter's stock, those investors told a California federal judge on Friday.
Paul Weiss Rifkind Wharton & Garrison LLP, whose attorneys have represented the National Football League and FIFA, and have helped lead multibillion-dollar transactions on the acquisition of sports teams and businesses, has launched a formalized sports practice, the firm announced Monday.
Goodwin Procter LLP has elected private equity partner Joshua Klatzkin as the firm's next managing partner to take over next year from Mark Bettencourt, who has held the role since 2019, the firm announced Monday.
The legal profession has a critical role to play in reducing attrition of women lawyers by addressing the disproportionate burden of the mental load — the often-unseen work of managing tasks and anticipating needs in both personal and professional realms, says Michelle Browning-Coughlin at Northern Kentucky University’s Chase College of Law.
To help ensure new partners and practice groups are successfully integrated, firms should embrace specific structured practices that recognize each lateral's distinct value, personalize their integration plans and proactively address transition complexities long after onboarding ends, say Elizabeth Kennedy at NewEdge BD and Erika Steinberg at CMO2Go.
By recalibrating how they structure and communicate their inclusion efforts, law firms can reduce legal exposure and preserve their values, says Angela Vallot at VallotKarp Consulting.
As the legal industry faces political turmoil and economic uncertainty, the time is ripe for firms to revisit their strategic plans, ensuring they contain a few essential elements — from accountability systems to broad-based input — to achieve sustainable growth and profitability, says Joe Calve at Calve Communications.
As fluency in artificial intelligence becomes a competitive imperative in the legal industry, the next generation of rainmakers likely won’t be defined by their Rolodexes or club memberships, but by their ability to leverage AI business development tools effectively, says Jessica Aries at By Aries.
Law students can use artificial intelligence tools strategically throughout the job application process to review materials, prepare for interviews and navigate employers’ use of similar tools, but there are several key missteps they should be careful to avoid, says Lauren Wong at University of San Diego School of Law.
Before landing a published quote, feature or interview, law firms should articulate the content’s purpose and develop a strategic plan for repurposing it to ensure they’re aligning public relations efforts with measurable business outcomes, says John Hellerman at Hellerman Communications.
Julie LaEace at Perkins Coie offers tips for attorneys acting as pro bono coordinators, including how to choose appropriate projects, how to encourage participation and why it is important to keep in touch with legal aid partner organizations.
Amid uncertainty in the legal job market, attorneys who are considering a transition to a leadership role must fundamentally reimagine their approach to value creation and develop a new set of skills, say Stacy Bratcher at Cottage Health and Michael Watkins at Genesis Advisers.
As the legal industry increasingly looks to impose responsive guardrails for artificial intelligence use, firms and organizations’ internal use policies, outside counsel guidelines and vendor contracts can address confidentiality and data retention concerns in several ways, say attorneys at KXT Law.
Firms can develop a strong pro bono culture without hiring dedicated professionals through strategies like demonstrating active involvement by leadership, tailoring volunteer tasks to individual professional development needs and building trusted partnerships within the legal aid community, says Stacy Zinken at Paladin.
Series
Biz Development Tip Of The Month: Extend Your Content's Life
Attorneys often limit the impact of their thought leadership by letting their content languish after initial publication, but through four easy strategies for retooling existing content, they can maximize its reach and further their business development goals, says Jillian McKenna at Verrill Dana.
As the student debt crisis evolves under changing federal policies, firms that proactively address the burden will have significant advantages in recruiting and retaining the best young lawyers, says Brian Kabateck at Kabateck.
Series
Talking Mental Health: Encouraging New Attys To Find Joy
Rudene Haynes at Hunton discusses her experiences as a hiring partner, common sources of stress that newer attorneys face and steps that law firms can take to protect their attorneys' mental health and encourage personal life fulfillment.
The incident response plan developed by the Florida Bar's cybersecurity and privacy committee might not seem all that consequential, but it's a long overdue framework that could go a long way toward protecting the highly sensitive data law firms handle — and could even set a model for other professional organizations to follow, says Chris Boehm at Zero Networks.