When it comes to putting in resignation letters and saying goodbyes, experts say most experienced lawyers do a passable-to-good job of pulling off gracious exits with minimum professional bridge burning, even when the breakups are anything but mutual. But some in this hot lateral market could use some help in getting away from their firms with their reputations intact. Here, Law360 looks at five tips for a smooth resignation.
More than 60 lawyers have been recognized by corporate counsel for cracking the code of client satisfaction and standing out among their peers for at least two years straight.
The names of eight law firms were repeatedly on the lips of general counsel this year as they reported which attorneys stood out to them as the best of the best in client service.
While top-tier attorneys may take for granted that their brains and legal skill will keep clients coming back, a number of common pitfalls push billion-dollar companies and other clients to consider rival firms. Here, Law360 looks at five ways firms push away business — and what they can do to avoid that.
Holland & Knight LLP, Venable LLP and Akin Gump Strauss Hauer & Feld LLP have defied analysts’ expectations, each posting revenue growth of more than 7 percent in 2015, and Norton Rose Fulbright LLP revealed flat revenue during its 2014-2015 financial year on Monday.
The American Bar Association’s House of Delegates resolved some “rigorous debate” Monday surrounding the proliferation of nonlawyers doling out basic legal advice, and agreed on guidelines for states as they proceed with regulating the growing industry.
The Kaye Scholer LLP partner charged with securities fraud alongside pharma bad boy Martin Shkreli has enlisted a Gibson Dunn partner who was the lead prosecutor in Rajat Gupta’s insider trading trial and who also helped convict hedge fund boss Raj Rajaratnam, according to New York federal court documents.
The American Bar Association on Sunday tapped Miami litigator and Greenberg Traurig LLP co-president Hilarie Bass as its nominee to head the organization in 2017 with an all-women leadership team.
The New York State Senate on Monday confirmed a Kirkland & Ellis LLP partner who focuses on government investigations, antitrust, international trade and national security — and whose investigation into former Gov. Eliot Spitzer's prostitution scandal led to his resignation — to the state’s highest court.
The U.S. Senate on Monday unanimously confirmed Iowa state Judge Rebecca Goodgame Ebinger to the state’s federal bench, the fourth of five nominees scheduled to receive a vote in early 2016.
A merger or acquisition can involve so many moving parts that immigration considerations often get lost in the shuffle. But attorneys say a change in ownership can raise a host of worker eligibility issues that may benefit from early attention. Here’s what general counsels need to know.
Kirkland & Ellis LLP has given its first-year associates in London a £3,000 pay increase, making it one of only a few law firms paying new lawyers in the city £100,000 or more per year and dwarfing the average salary at many U.K.-based firms, the firm confirmed Monday.
Gross revenue at New York City’s oldest law firm, Cadwalader Wickersham & Taft LLP, fell 3.7 percent in 2015 to $463.5 million, largely prompted by a slowdown in litigation work, the firm said on Monday.
Gov. Jack Markell on Monday tapped former Delaware Superior Court Judge Joseph R. Slights III, now a partner at Morris James LLP, for the soon-to-be-vacated seat on the state's highly respected Chancery Court, choosing a jurist with a dozen years of bench experience for the post.
Among the 312 attorneys named as the BTI Consulting Group’s All-Stars this year are four standout MVPs that general counsel have recognized for at least five years in a row as counsel who put their clients first and deliver outstanding results with a deft and caring hand.
More than 100 litigators were pinpointed by corporate counsel in a recent report as their top picks for delivering stellar client service while working tough cases.
For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.
While the legal services sector has increased overall in the past year, the sector fell by 1,400 jobs in January, according to a Friday report by the U.S. Bureau of Labor Statistics, a drop that one expert said isn't surprising as law firms cut administrative staff.
The 74,000-strong New York bar urged the American Bar Association to not approve a framework for how jurisdictions should oversee “nontraditional” legal services, arguing Friday that such a regulatory scheme could open the door to nonlawyer ownership of law firms.
An ex-Fox Rothschild LLP attorney was convicted Friday on charges that he used inside information about the firm’s work to trade ahead of a $760 million insurance industry merger in 2011.
McDermott Will & Emery LLP and Eversheds LLP have both recently reported slightly depressed or flat revenue figures, and Dechert LLP and Troutman Sanders LLP both told Law360 on Friday that they had seen significant revenue bumps.
The line between traditional law firms and new-model legal providers has blurred significantly over the last two years as more BigLaw firms embrace outsourcing, attorney contractor businesses and off-site service centers, according to a report Friday.
London- and Wales-based firm Capital Law has become the first U.K. law firm to create its own litigation fund, raising an initial £50 million ($72.4 million) to take on cases that clients might otherwise be unable or unwilling to pursue, according to the firm.
A former Blank Rome LLP intellectual property partner on Wednesday launched a suit in Pennsylvania state court accusing the firm and its leadership of firing him and stealing his practice after he allegedly promoted gay rights in the legal community.
In a recent Law360 article on signs that an associate is not ready to be partner, it was suggested that promotion to partner was a competition between associates and that taking maternity, paternity or family medical leave could impact an associate's chances at promotion. But this sort of ethos — which may have contributed to law firms’ success in the past — is not the best way to secure the industry's future, says Daniel Butcher, ... (continued)
Today’s lawyers might be surprised to find that the teachings of Cicero remain relevant to modern practice. In recognition of the ancient Roman orator's birthday this month, Skiermont Derby LLP attorney Eliot Walker offers three practice points for lawyers and politicians plucked from Cicero’s seminal dialogue on rhetoric.
When executed properly, an efficient new business intake process can drive growth, minimize risk, and ensure new clients support a law firm’s business and financial objectives. But determining how to streamline the NBI process is easier said than done, says Terrence Coan, leader of HBR Consulting LLC's information governance and risk management practice.
New research paints an interesting picture of the attributes that facilitate the success of best-in-class general counsel. For one, best-in-class general counsel are 36 percent more likely to cut through bureaucracy. This is an astounding finding given that GCs are generally seen as the greatest champions of rules and regulations, say Cynthia Dow and Melissa Swift of Russell Reynolds Associates.
Collaboration is both commonplace and highly valued among legal professionals, yet the tools and methods that teams use to perform case analysis and deposition preparation can be frustratingly primitive. That’s one of the key findings of a recent litigation practices survey of 650 U.S. legal professionals, according to Clare Foley of Opus 2 International Inc.
Lawyers may be offended that the product of their craft is not appreciated by the general population, but should they be offended if they draft their documents in a language other than modern English? Martin Schwartz of Bilzin Sumberg Baena Price & Axelrod LLP describes some common legalisms that make it difficult, if not impossible, for an ordinary English speaker to glean the substance of a legal document.
While the years following the Great Recession have been challenging, many law firms have emerged stronger than ever. What do these firms all have in common? Strong leadership, smart strategy and a willingness to embrace change. Here are 12 ways in which BigLaw will continue changing in 2016, according to Jeffrey Lowe, global leader of Major Lindsey & Africa LLC's law firm practice.
In many circumstances, you have an obligation to take reasonable steps to ensure that the lawyers you work with, especially those you manage, follow the rules. Following six basic rules will give you the peace of mind that you are abiding by the rules of ethics, and will make you a superior supervising attorney, say Debra Squires-Lee and Christopher Blazejewski of Sherin and Lodgen LLP.
To an extent, the qui tam provisions under the False Claims Act have privatized the enforcement of law, creating an opportunity for increasing involvement of alternative litigation finance. Law firms, particularly those specializing in contingency work for whistleblowers, can benefit significantly, says Dr. Donald Vinson, chairman and CEO of Vinson Litigation Finance.
Despite the prevalence of e-discovery issues in today’s litigation, most lawyers are often unaware of the related concerns — or their obligations. Corporate counsel need to know what questions to ask their outside counsel to ensure they are maximizing the value of e-discovery, and so they don't find their companies on the receiving end of sanctions, say attorneys with Stinson Leonard Street LLP.