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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.
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.
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.
The chief executive tapped to lead what will be known as Hogan Lovells Cadwalader said Friday that the deal that will create the world's fifth‑largest law firm by revenue is set to succeed, promising to repeat the success of the merger that originally founded Hogan Lovells.
The Florida Supreme Court has signed off on a rule change to spell out that nonlawyers at a law firm cannot supervise the work of attorneys or perform policymaking duties that affect the practice of law.
Five firms lead this week's edition of Law360 Legal Lions, after the D.C. Circuit reinstated an order that blocked the U.S. Environmental Protection Agency from freezing grants for climate change projects.
The legal industry had another action-packed week with a mega law firm merger announcement and eye-popping year-end bonuses at a handful of elite boutiques. Test your legal news savvy here with Law360 Pulse's weekly quiz.
In 2025, Mid-Law firms were under increasing pressure to grow, with mergers typically being the most attractive option, leading to several high-profile mergers of midsize, midmarket and regional firms being acquired and numerous Mid-Law firms themselves absorbing smaller firms amid ongoing industry consolidation.
The Senate confirmed 13 U.S. attorneys and three local judges for the District of Columbia as part of a nominations package confirmed 53-43 along party lines on Thursday.
Nelson Mullins Riley & Scarborough LLP have promoted 18 attorneys to its partnership level — a class that is half the size of last year's 36 elevations.
Employer-side international labor and employment law firm Fisher Phillips has promoted 27 attorneys to partner from 13 different offices, effective Jan. 1.
Hogan Lovells and Cadwalader Wickersham & Taft are planning to combine, creating what the firms say will be the world's fifth-largest firm by revenue, they announced Thursday.
In pushing back on a bid to toss a Florida state court lawsuit against Boies Schiller Flexner LLP and related defendants, a pharmaceutical mass tort law firm and other parties said the lawsuit outlines a clear breach of a nondisclosure agreement and interference with existing business relationships, making the complaint legally sufficient under Sunshine State law.
Shumaker Loop & Kendrick LLP is looking to boost its legal talent, announcing Wednesday it has brought in a Hahn Loeser & Parks LLP legal personnel manager as its new director of attorney recruitment.
Carlton Fields is expanding its real estate team, announcing Wednesday it is bringing in a real estate attorney with considerable land use experience, who previously ran her own boutique, as a shareholder in its West Palm Beach, Florida office.
Glenn Agre Bergman & Fuentes LLP told its associates in a memo last week that it would be issuing year-end bonuses ranging from $15,000 to $115,000 and special bonuses ranging from $6,000 to $25,000 based on seniority, with the chance to receive premiums above the year-end bonuses based on "extraordinary dedication and/or performance."
Miami-based Bast Amron LLP, a boutique firm focused on business insolvency and litigation, has brought on the firm's first chief operating officer to ensure the firm's operations continue to support its attorneys, staff and clients for years to come.
Cannabis company Leafwell blasted an attorney's bid to reconsider sanctions ruling against him over bogus citations.
More than a dozen attorneys at Marshall Dennehey have been selected for promotions to shareholder status at the start of the new year, an increase from last year's elevations.
Susman Godfrey LLP announced on Tuesday that it is topping New York's bonus scale with payouts that range from a median of $120,000 for first-year associates to a median of $280,000 for the most senior associates.
Atlanta-based Hall Booth Smith PC has added a veteran civil litigator to its Jacksonville, Florida, office from the now-shuttered Parrish Knight & Jones.
The number of U.S. legal industry jobs remained level in November after inching up just 300 positions in October from the previous month, according to preliminary data released Tuesday by the U.S. Bureau of Labor Statistics.
As generative artificial intelligence tools become embedded in mainstream legal practice, they are reshaping the administration of law itself, from how experts document and validate their work to how joint defense teams operate, demanding a new level of contractual clarity and operational discipline, says Karineh Khachatourian at KXT Law.
As the year winds down and the pace of work slows, attorneys should reflect on what did and didn’t work to generate business in 2025, and start mapping out their 2026 business development plan now to set themselves up for success, says Ezra Crawford at Crowell.
Though firm leaders feel the most urgency about retaining rainmakers now, during compensation season, effective retention strategies are preemptive and year-round efforts anchored in meaningful support, tactical execution and credible follow-through, says Tom Orewyler at TO Comms.
Trust is the foundation of any great client relationship, but it isn’t built overnight or maintained passively — rather, counsel must consistently show up in small but important ways to become the trusted partner clients rely on when judgment matters most, says Andrew Dick at The L Suite.
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Biz Development Tip Of The Month: Make An Onboarding Plan
The investment required for a personalized client onboarding plan is minimal, but the return on investment — measured in client satisfaction, relationship strength and longevity, client referrals, and other business development opportunities — can be extraordinary, says John Reed at Rain BDM.
A number of trends will continue to reshape how people search, consume and trust information next year, and law firms will need to adopt forward-thinking content strategies — from generative engine optimization to interactive legal tools — to stand out, says Elizabeth Lampert at Elizabeth Lampert PR and Nancy Myrland at Myrland Marketing and Social Media.
Trends and statistics reveal that law firms of all sizes and practice areas remained attractive litigation targets this year, so firms must take concrete steps to avoid professional liability risks in the year to come, say Douglas Richmond and Andrew Ricke at Lockton Companies.
New job archetypes are rapidly replacing the traditional model of the lawyer as artificial intelligence proliferates, and to remain competitive, firms will need to embrace the diverse portfolio of talent required to navigate, design and critique algorithmic systems, says Dmitri Mehlhorn at Atoll Society.
Legal management services organizations, which outsource the administrative aspects of law firms to separate entities, are poised to disrupt the industry in the year to come, so firms and attorneys should consider the advantages and disadvantages of several MSO models, say Frederick Shelton and Ayven Dodd at Shelton & Steele.
Impostor syndrome prevails as a main root cause of attorney burnout, but sufferers can equip themselves with a series of practice tips that build confidence through evidence, not emotion, to address the mindset behind this damaging condition, says Jonathan Cohen at PNY.
Today's general counsel expect outside lawyers to show interest, relevance and value long before there is a live matter to address, including by engaging with attorneys at every level of the company and dispensing free advice thoughtfully, says Andrew Dick at The L Suite.
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Biz Development Tip Of The Month: Start Early In Your Career
Having the courage to embark on your legal business development strategy early in your career allows you to sooner reap the rewards of a strong network, which in turn can increase the momentum of referrals over the course of your career, says Kristin Housh at Sheppard Mullin.
As the legal profession navigates changes driven by artificial intelligence and broader pressures, leaders should consider behavioral research-backed strategies to translate enthusiasm into tangible results for team performance, say attorneys at King & Spalding.
Though law firms and private equity firms appear to be strange bedfellows, such combinations may offer opportunities for ailing midsize firms — which must be weighed against risks to culture, brand and growth prospects, say directors at FTI Consulting.
This year's Buying Legal Council Conference highlighted three emerging forces in how buyers and sellers operate in the legal ecosystem — artificial intelligence, data and preferred panels — and organizations would be well advised to combine them into an integrated framework for transparency, performance and collaboration, says Matthew Prinn at RFP Advisory Group.