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Modern Lawyer
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Baker Botts Adds 2 More Lateral Partners In NY
As it touts the addition of 17 lateral partners this year so far, Baker Botts LLP announced Tuesday that it has gained a former Paul Weiss Rifkind Wharton & Garrison LLP attorney focused on executive compensation and transactional tax strategy and a former McDermott Will & Schulte LLP attorney focused on public company and private equity mergers and acquisitions.
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Cozen O'Connor Affiliate Hires Minn. Lobbyist As Principal
A longtime political strategist who has advised Gov. Tim Walz and other Minnesota politicians has joined Cozen O'Connor's government affairs subsidiary as a principal on the North Star State's lobbying team.
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Why This Small-Firm Lawyer Charges $3,000 Per Hour
As a solo or small firm attorney, would you charge $3,000 per hour? Meet one attorney who does — and learn how his story of ultra-high prices could help you set your own rates.
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V&E Is Training Associates To Think Like Business People
Vinson & Elkins LLP has amped up its business development investment with the launch of BD Lab, which encourages associates firmwide to think outside the box with their clients.
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5 Mistakes Veteran Attorneys Would Avoid Given A Do-Over
Experienced lawyers say they'd do a few things differently if given the opportunity to go back to their early days of practice having gained years of perspective in the trenches of corporate law.
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Greenberg Traurig Adds Real Estate Pro From DR Horton
Greenberg Traurig LLP has added a real estate and construction pro, who joins the firm from an in-house role at homebuilding company D.R. Horton, to its real estate practice.
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Norm Ai Teams Up With Stanford University's CodeX
Legal and compliance platform Norm Ai announced Wednesday that it's joined Stanford University's legal technology hub CodeX as a corporate affiliate member, allowing the startup to exchange research with the lab.
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Law Firms Saw Strong First Half Of 2025, Wells Fargo Says
The legal industry saw strong performance during the first six months of 2025, according to a report released Tuesday from the Wells Fargo Legal Specialty Group, with strong growth in revenue largely driven by rising billing rates.
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Dallas IP Atty Joins Spencer Fane From Wick Phillips
Spencer Fane LLP announced that an intellectual property attorney with nearly 20 years of experience has joined the firm's Dallas office as a partner from Texas firm Wick Phillips.
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Law360 Pulse Exclusive: The Billable Hour
In this package, Law360 Pulse explores the demand for rainmakers, the continued increase of hourly rates and whether artificial intelligence will finally kill the billable hour. For all Law360 readers, click to access a sample story: Why This Small-Firm Lawyer Charges $3,000 Per Hour.
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Beyond Pay: How To Retain Your Rainmakers
U.S. law firms are working overtime to keep their top-billing attorneys, as growing profits and higher compensation increase lateral movement.
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With More Rainmakers On The Go, Firms Pay Them Millions
Amid a growing gap between the most profitable BigLaw shops and everyone else, top law firms can afford to pay a lot more to lure rainmakers and their practices.
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Inside The Who's Who DC Pro Bono Team Fighting Trump
It had been only a few months since Peter Keisler retired as co-leader of the Supreme Court and appellate practice at Sidley Austin in December when his longtime friend and colleague Thomas Green, Sidley's former white collar chief, approached him about getting back in the trenches.
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King & Spalding Hires Former CMS Litigation Leader In DC
The former deputy associate general counsel for litigation in the general counsel's office at the Centers for Medicare & Medicaid Services has joined King & Spalding LLP as a partner in Washington, D.C., the firm announced Tuesday.
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Sheppard Mullin Adds Trial Pros From Venable, Kasowitz
Sheppard Mullin Richter & Hampton LLP announced Tuesday that it has bolstered its business trial practice group with a partner in Houston who arrived from Kasowitz LLP and a partner in Los Angeles who came aboard from Venable LLP.
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Littler Adds Former NLRB Atty, Corporate Counsel In Seattle
Littler Mendelson PC has brought on a former National Labor Relations Board attorney and corporate labor counsel as a shareholder in its Seattle office, the firm announced.
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Ashurst Leverages AI, London Growth To Court US Market
Ashurst LLP is strengthening its London office with increased hiring and deeper integration of generative artificial intelligence as it considers a merger to accelerate its growth in the U.S. market, the firm's new managing partner in the English capital told Law360.
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Buchalter Adds Ex-Carlton Fields Attys To LA Office
Buchalter has hired two former Carlton Fields attorneys as shareholders for its corporate team in Los Angeles, and one of the announced hires is returning to the firm after almost 30 years.
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Judge Flags Possible Conflict In Foley & Lardner Client Spat
A Texas appellate court told Foley & Lardner LLP and two of its former clients that one of its judges might have a conflict of interest precluding him from deciding the parties' dispute over the firm's alleged failure to disclose conflicts of interest.
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Debevoise Wants Fired Atty's Suit Arbitrated Or Terminated
Debevoise & Plimpton LLP has told a Manhattan federal judge it wants to arbitrate a suit by a former attorney in its international dispute resolution practice group who claims he was wrongfully fired after taking medical leave, arguing the two sides already settled the dispute.
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Morrison Cohen Hires Ex-K&L Gates Real Estate Partner
Manhattan-based Morrison Cohen LLP announced Monday the hiring of a former K&L Gates LLP partner for its real estate practice.
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How Paul Weiss Used Gen AI To Speed Up Misconduct Probe
As a client company faced allegations of employee misconduct and financial malfeasance, the investigations team at Paul Weiss Rifkind Wharton & Garrison LLP turned to generative artificial intelligence to review 120,000 documents in just three weeks.
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Davis Polk Picks Up White & Case Finance Atty In Calif.
Davis Polk & Wardwell LLP announced Monday that it has added a former White & Case LLP debt finance partner to its Northern California office.
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Ballooning BigLaw Rates Create Opportunities For Mid-Law
Some midsize, regional and boutique firms are using their lower rates to attract both clients and lateral attorneys against the backdrop of spiraling BigLaw rates, though there are definite limits to the strategy.
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Elite Deal Partners Command Rates That Soar Above Peers
Lawyers who orchestrate massive transactions make up the lion's share of attorneys charging top-tier rates that have broken far away from average billing rates for law firm partners in recent years, experts say.
Expert Analysis
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'Golden Handcuffs' May Be A Double-Edge Sword For Firms
As law firms increasingly use certain financial incentives to retain partners in a fierce lateral market, managing partners should consider the pros and cons of various deferred compensation schemes, says Tom Hanlon at Buchanan Law.
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The 10-Min. Rule For Building A Business Development Habit
Many lawyers assume that becoming a rainmaker requires a significant investment of time and effort, but the truth is that building a consistent habit of business development can start with just 10 minutes of strategic outreach a day, says Paul Manuele at PR Manuele Consulting.
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5 Pointers For Firm Leaders Communicating Tough Decisions
Certain law firm decisions — such as whether to challenge an executive order — cannot be crowdsourced, but leadership can collaboratively communicate these choices using strategies that build trust, reinforce values and preserve cohesion, says John Hellerman at Hellerman Communications.
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Series
Biz Development Tip Of The Month: Create A Succession Plan.jpg)
Conversations around retirement and succession can be understandably difficult, but when attorneys make a plan for the transition early and effectively, they have the opportunity to not only keep work but also increase it, says Jillian McKenna at Verrill Dana.
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Looking Under The Hood Of The $3,000 Billable Hour
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In recent years, top-tier law firms have pushed hourly rates to unprecedented heights, with some partners commanding $3,000 per hour — but this eye-popping number doesn’t tell the full story, as there are numerous caveats and rigorous winnowing along the way, says Christopher Seck at Squire Patton.
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How Law Firms Can Keep Nonequity Partners Happy
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 Bio
If 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.
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Ask A Mentor: How Can I Promote Thoughtful Use Of AI?
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.
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Making Legal Cents: Firm Culture Is The New Game Plan
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.
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5 Questions Firms Must Ask For Successful Lateral Integration
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.
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Goldilocks Solution: Why The 4-Day Office Week Is Just Right
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.
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As Attys Adopt Generative AI, 3 Elements Should Be Cardinal
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.
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Rethinking 'No Comment' For Clients Facing Public Crises
“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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Series
Biz Development Tip Of The Month: Prioritize Connections
One 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.
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Roundup
Biz Development Tip Of The Month
In today's competitive legal market, attorneys must excel at business development in addition to the practice of law, despite a lack of business training in most law school curricula. In this Pulse Expert Analysis series, experts share real-world tips each month to help fill the learning gap.