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Billing rates for law firms that serve corporate clients have risen more gradually so far in 2025 compared to the prior two years, according to a report released by LexisNexis' CounselLink on Tuesday.
As aging Baby Boomers prepare to hand down trillions of dollars in assets to their children and grandchildren, some of the country's largest law firms have been bulking up their trusts and estates practices, turning frequently to small boutiques and solo practices to add attorneys to their ranks.
More than a year after entering the Philadelphia market, Polsinelli PC has completed its relocation to a new office in Center City and doubled its working space.
The New Jersey Supreme Court has allowed to stand an appellate decision approving a New Jersey State Bar Association system for fostering diversity in its leadership, which a state attorney accused of being a discriminatory quota system.
Greenberg Traurig LLP shareholder S. Todd Neal, who died Saturday from a terminal illness a few months after joining the firm in San Diego from Procopio Cory Hargreaves & Savitch LLP, was a "selfless" team player who brought compassion and wisdom to the job, his former colleagues said.
Perkins Coie LLP has plans to move into the uptown district in Dallas in the middle of next year, a move it said represents the firm's growth in the city and its commitment to serving its clients with business in Texas.
Lachtman Cohen & Belowich LLP has announced a longtime New York state court and family court judge has joined its ranks to lead its mediation and alternative dispute resolution practice, calling her "one of the most respected jurists in Westchester's history."
Foley & Lardner LLP has continued its expansion in Nashville with the addition of another former Holland & Knight LLP attorney, expanding its healthcare and life sciences and manufacturing sector capabilities.
Fox Rothschild LLP announced Tuesday that it has bolstered its entertainment and sports law department with a music law trio in New Jersey, including two partners.
A Latham & Watkins LLP partner who advises on corporate matters in the sports and media industries has left the firm for Kirkland & Ellis LLP.
A former Baker McKenzie tax associate who has flooded social media with allegations that she was sexually assaulted by the leader of the international law firm's D.C. office is now facing a defamation lawsuit accusing her of "trolling" the firm with false claims.
Akin Gump Strauss Hauer & Feld LLP has hired two energy deals lawyers from Linklaters LLP to support what Akin's co-chair said are clients' rapidly growing power needs driven by data center development and investment in artificial intelligence technology.
The share of first-time test takers who passed the Florida Bar exam in July was 78.4%, a 13-year high, and pass rates increased for most law schools in the state, including a recently accredited school, the Florida Board of Bar Examiners said Monday.
Two members of Lewis Brisbois Bisgaard & Smith's C-suite will be leaving the firm this winter, a firm spokesperson told Law360 Pulse on Monday.
Reed Smith LLP has until the end of the day on Monday to turn over a dozen client files related to its prior representation of shipping company Eletson Holdings amid a dispute with rival Levona, after a Manhattan federal judge found probable cause that a fraud was committed in an underlying arbitration.
McDermott Will & Schulte announced Monday it is expanding its litigation team by welcoming a trial attorney from Steptoe LLP as a partner in its Chicago office.
Perkins Coie LLP has brought on a tax attorney who worked in the U.S. Department of the Treasury's Office of Tax Policy, where he handled work related to laws such as the Inflation Reduction Act and the One Big Beautiful Bill Act, the firm announced Monday.
A career U.S. Department of Justice environmental lawyer, who most recently was the deputy assistant attorney general of the agency's Environmental and Natural Resources Division, has taken his first role in private practice at Bracewell LLP, where he'll work as a partner, the firm announced Monday.
McGuireWoods LLP has recently struck new strategic partnerships with Legora, a Swedish legal technology company, and legal generative artificial intelligence platform Harvey that will see the law firm roll out their platforms to attorneys.
Houston trial boutique Ahmad Zavitsanos & Mensing announced Monday that it plans to outpace the BigLaw salary scale by hiking its pay for first-year lawyers to $235,000, a figure $10,000 higher than what first-year associates generally earn at BigLaw firms.
An executive director at Morgan Stanley has returned to private practice at Dentons after beginning his legal career at its legacy firms, Dentons announced Monday.
Alfred Youngwood, a tax attorney, business adviser and Paul Weiss Rifkind Wharton & Garrison LLP's first democratically elected firm chair, died Friday at the age of 87, the firm has announced.
Herbert Smith Freehills Kramer LLP said Monday that it has launched a tool to help general counsel assess their use of generative AI, as law firms race to stay ahead by understanding what clients want from the technology.
A Nevada-based trustee accused a Texas law firm and various other companies and residents of the Lone Star State, Wyoming and Florida of carrying out an "audacious, multi-layered scheme" to steal $9 million meant to be used for Bitcoin trades.
A former assistant U.S. attorney has recently left the public sector and returned to private practice as a litigator with McCarter & English LLP's Philadelphia office.
There are major differences between BigLaw and Mid-Law summer associate programs, and each approach can learn something from the other in terms of structure and scheduling, the on-the-job learning opportunities provided, and the social experiences offered, says Anna Tison at Brooks Pierce.
Series
Ask A Mentor: How Do I Take Time Off?
David Kouba at Arnold & Porter discusses how attorneys can prioritize mental health leave and vacation despite work-related barriers to taking time off.
The traditional structure of law firms, with their compartmentalization into silos, is an inherent challenge to mental wellness, so partners and senior lawyers should take steps to construct and disseminate internal action plans and encourage open dialogue, says Elizabeth Ortega at ECO Strategic Communications.
The key to trial advocacy is persuasion, but current training programs focus almost entirely on technique, making it imperative that lawyers are taught to be effective storytellers and to connect with their audiences, says Chris Arledge at Ellis George.
Female attorneys in leadership roles inspire other women to pursue similar opportunities in a male-dominated field, and for those who aspire to lead, prioritizing collaboration, inclusivity and integrity is key, says Kim Yelkin at Foley & Lardner.
Former Assistant U.S. Attorney Moira Penza, now at Wilkinson Stekloff, recalls the challenges of her first case as a civil defense attorney — a multibillion-dollar multidistrict class action against Allergan — and the lessons she learned about building rapport in the courtroom and with co-counsel.
Most legal professionals lack understanding of the macroeconomic trends unique to the legal industry, like the rising cost of law school and legal services, which contributes to an unfair and inaccessible justice system, so law school courses and continuing legal education requirements in this area are essential, says Bob Glaves at the Chicago Bar Foundation.
While the American Bar Association's recent amendments to its law school accreditation standards around student well-being could have gone further, legal industry employers have much to learn from the ABA's move and the well-being movement that continues to gain traction in law schools, says David Jaffe at the American University Washington College of Law.
Series
Ask A Mentor: How Do I Build Rapport In New In-House Role?
Tim Parilla at LinkSquares explains how new in-house lawyers can start developing relationships with colleagues both within and outside their legal departments in order to expand their networks, build their brands and carve their paths to leadership positions.
Piper Hoffman and Will Lowrey at Animal Outlook lay out suggestions for attorneys to maximize the value of their pro bono efforts, from crafting engagement letters to balancing workloads — and they explain how these principles can foster a more rewarding engagement for both lawyers and nonprofits.
Opinion
NY Bar Admission Criminal History Query Is Unjust, Illegal
New York should revise Question 26 on its bar admission application, because requiring students to disclose any prior interaction with the criminal justice system disproportionately affects people of color, who have a history of being overpoliced — and it violates several state laws, says Andrew Brown, president of the New York State Bar Association.
Roundup
Ask A Mentor
Experts answer questions on career and workplace conundrums in this Law360 Pulse guest column series.
Lawyers can use LinkedIn to strengthen their thought leadership position, generate new business, explore career opportunities, and better position themselves and their firms in search results by writing a well-composed, optimized summary that demonstrates their knowledge and experience, says Guy Alvarez at Good2bSocial.
Imposter syndrome is rampant in the legal profession, especially among lawyers from underrepresented backgrounds, leading to missed opportunities and mental health issues — but firms can provide support in numerous ways, and attorneys can use therapeutic strategies to quiet their inner critic, says Helen Pamely at Rosling King.
In 2022, partners considering lateral moves have new priorities, and firms that hope to recruit top talent will need to communicate their strategy for growth, engage on hot issues like origination credit and diversity initiatives, and tailor their integration plans toward expanding partners’ client base, says Gloria Sandrino at Lateral Link.