While law firms have become much tougher on who they elevate to their partner ranks in recent years, experts say that firms seeking to grow their presence in a certain geographic region or fortunate enough to find themselves with associates ready to be self-sufficient business generators should start offering promotions, lest they lose valuable talent to competitors.
Fifteen years ago, I was the first equity partner at my firm to take maternity leave. Our managing partner wanted to accommodate, but I soon realized that I had to continue speaking out to make sure that my future compensation would not be pegged to productivity levels during the year of my daughter's birth, says Laurie Daniel, chairwoman of Holland & Knight LLP's appellate team.
One time, opposing counsel suggested we “go away together to a romantic B&B to negotiate the settlement.” I was not sure whether/when/how to break it to him that his suggestion was unlikely to increase his settlement value, says Heidi Hubbard, chairwoman of Williams & Connolly LLP's product liability practice group.
Law firms struggling with dwindling profits may follow Brown Rudnick LLP's lead and return to the recession-era cost-cutting play of rescinding associate job offers, experts say.
More companies are tasking a single in-house lawyer to handle class actions, and that move has resulted in big cost savings, according to a survey released Tuesday by Carlton Fields Jorden Burt PA.
If you prick a judge, does he not bleed? If you tickle him, does he not laugh? Judges are real people who feel real emotions. One of those emotions is anger. Here, Law360 looks at five surefire ways to make a judge feel it.
Five New York trial court judges, including veteran Dreyer Boyajian LLP, Girvin & Ferlazzo PC, Lynch & Lynch lawyers and veteran prosecutors, are on their way to the state's appellate division after Gov. Andrew Cuomo announced their appointments on Tuesday.
When I was being considered for managing partner in my office — at a time no other law firm in all of Texas had a sole female managing partner — one female partner told me she didn’t want me to be selected because if I failed, it would reflect poorly on all the other women partners, says Lisa Pennington, managing partner of BakerHostetler's Houston office.
Not having female peers is a challenge — my summer associate class was 10 men and me, I was the only woman partner on the West Coast at Fish & Neave, I was the only woman present at my first Shearman & Sterling worldwide litigation partners meeting, and in my IP practice, I am often the only woman in client meetings, says Vicki Veenker, founder of Veenker Law Offices.
More corporations are employing large litigation teams in response to increasingly high-stakes lawsuits, according to a survey released Tuesday.
Social media has become a headache for more general counsel, with one in five companies saying they had to preserve data from an employee's social media account in 2013.
Corporations devoted more time and money to fighting regulatory challenges in 2013, a trend that general counsel say shows no sign of slowing.
In the face of increased government scrutiny and regulatory crackdowns, more and more U.S. companies are launching internal investigations that rely on the help of outside counsel, according to a litigation trends survey released Tuesday.
A moderate but growing number of corporate departments are increasing the number of outside law firms they call upon to handle their legal challenges, a trend fueled by smaller companies looking to beef up their legal ranks, says a Norton Rose Fulbright survey released Tuesday.
The use of alternative fee deals bounced back last year after a dip in 2012, according to an in-house counsel survey released Tuesday, as corporate clients look for budget predictability and firms willing to share in their financial risks.
The number of lawsuits companies faced in 2013 remained relatively unchanged compared with prior years, but the potential financial impact of those cases and the cost of defending them have risen, with health care and energy companies appearing particularly vulnerable, according to a new litigation survey released Tuesday.
An advisory panel agreed Friday to amend civil procedure rules to require parties seeking sanctions over lost electronic documents to show the documents were destroyed to be withheld from litigation, setting a higher bar that attorneys say could curb devastating product liability verdicts like the recent $6 billion award against Takeda Pharmaceuticals Ltd.
Tens of thousands of New York-admitted, nonresident lawyers could soon be relieved of a Civil War-era requirement to keep an office inside the state if a skeptical federal appeals court prevails on top state judges to relax rules that experts say dissuade many attorneys in nearby states from taking Empire State clients.
Dozens of Nixon Peabody LLP staffers have been hit with layoffs, the firm confirmed Monday, at the same time that Fitzpatrick Cella Harper & Scinto announced it had made cuts to its associate ranks.
Boston-based Brown Rudnick LLP on Monday pulled out of job offers it made to nearly half of its incoming associate class, a move that echoed the post-financial crisis years.