Gaining prestige may be one of the more challenging tasks that law firms take on, but there are a number of tactics firms can use that hold the potential to transform their image from ordinary to elite. Here, experts highlight four ways law firms can pump up their prestige.
Classes on blockchain and artificial intelligence. Crash courses in business and financial markets. These are a few ways law schools are preparing students for a job market that is struggling in the wake of the recession.
Caught in a whirlwind of firm dissolutions and layoffs, thousands of associates were thrust into one of the worst job markets in history a decade ago. While some have rebounded, others are still feeling the lingering effects of the financial crisis on their careers.
For starting attorneys, the financial crisis casts a long shadow, even though the worst is past. Here’s our breakdown of the data showing its impact and where the industry’s headed.
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.
U.S. Supreme Court Justice Ruth Bader Ginsburg on Friday appeared to defend the reticent answers of recent high court nominees to lawmaker questions on hot-button legal issues, telling a Columbia Law School audience that during her own confirmation hearings, it would have been "improper" for her to comment on topics that might come before the bench.
Despite the long-lasting bitterness over Justice Clarence Thomas’ confirmation and the rise of the #MeToo movement, Republicans are putting politics above process by rushing their inquiry into sexual assault allegations against D.C. Circuit Judge Brett Kavanaugh, experts tell Law360.
Skadden Arps Slate Meagher & Flom LLP has long denied any wrongdoing in its involvement in Paul Manafort's shady lobbying for pro-Russian figures, but the plea deal Manafort struck with prosecutors last week seems to contradict some of the elite BigLaw firm's claims. Law360 senior reporter Andrew Strickler joins the Pro Say podcast this week to break it all down.
The Golden State Warriors have announced that David Kelly, in his eighth season with the organization, has been promoted from general counsel to chief legal officer for business and basketball.
Goodwin Procter LLP says it's the first major law firm in the U.S. to set up a practice group devoted to the intersection of real estate and technology, and co-leaders of Goodwin's so-called PropTech group recently told Law360 their firm is ideally suited to tackle the complex multibillion-dollar intersection of the two practice areas.
New survey results showed that the hurdles faced by legal operations professionals are changing as the role increases in popularity, a top Mitsubishi attorney claimed the company illegally refused to promote her to general counsel because of her gender, and six companies set price ranges on initial public offerings estimated to raise $465 million combined. These are some of the stories in corporate legal news you may have missed in the past week.
In-house legal departments are continuing to snag young, talented attorneys from BigLaw firms in spite of a pay gap accentuated by a recent spate of associate raises, with nonmonetary perks luring associates away from law firms and into corporations. Here, three nonmonetary perks that lure associates away from law firms and into corporations.
While the responsibilities for legal operations professionals haven’t significantly changed in the past decade, the challenges they face have substantially shifted because of the entity’s increasing popularity, according to a survey published Thursday.
IP law firm Finnegan Henderson Farabow Garrett & Dunner LLP climbed to the top of this week’s legal lions list after the Federal Circuit reversed a Patent Trial and Appeal Board loss for client DuPont, while a lawyer for the NRA ended up on the lambs list after he was booted from a case for failing to disclose a sanction against him in another state.
Amid the furor sparked by sexual misconduct allegations against D.C. Circuit Judge Brett Kavanaugh, his accuser entered into negotiations Thursday over appearing before the Senate for a hearing that could determine whether the judge makes it to the U.S. Supreme Court.
Delaware Gov. John Carney announced his nomination of two candidates for the expanded bench of the Delaware Chancery Court on Thursday, choosing Chancery Master Morgan T. Zurn and Young Conaway Stargatt & Taylor LLP litigator Kathaleen S. McCormick to fill the newly created seats.
Fox Rothschild LLP will merge in November with southeastern firm Smith Moore Leatherwood LLP, creating a combined firm of more than 900 lawyers in 27 locations in the U.S., the firms announced on Thursday.
In-house counsel can play a pivotal role in helping their businesses prepare for possible data breaches, as companies of all sizes across industries seek to maintain security amid unprecedented challenges from cyberattacks. Here, Law360 looks at four ways in-house lawyers can leverage their knowledge and responsibilities to ready their companies against online threats.
The Senate Judiciary Committee's hearing on the sexual misconduct allegations against D.C. Circuit Judge and U.S. Supreme Court nominee Brett Kavanaugh will have the trappings of a trial but lack a court proceeding's rules.
New research has concluded that U.S. Supreme Court Justice Neil Gorsuch was less responsive to questions during his confirmation hearings than any justice since 1968 and departed significantly from the so-called Ginsburg Rule, with the study's authors saying Judge Brett Kavanaugh is likely in the same vein.
The cryptocurrency exchange platform Coinbase said Wednesday it has hired a former O'Melveny & Myers LLP managing partner who had been general counsel for Fannie Mae as its chief legal adviser.
A Mitsubishi Chemical Corp. unit illegally refused to promote one of its top attorneys to general counsel because of her gender and fired her under false pretenses after she complained about the conglomerate’s discriminatory treatment of women, according to a suit in New York federal court.
A man shot and wounded four people at the Fayette County, Pennsylvania, office of a magisterial district judge on Wednesday before police shot and killed him, police and emergency officials said.
Simpson Thacher & Bartlett LLP and a legal recruiter on Tuesday confidentially settled a nearly $1 million dispute in Manhattan federal court over the firm's alleged nonpayment for the placement of a bankruptcy partner, closing the book on a sticky discovery dispute regarding internal firm communications.
The law firms on Law360’s 2018 Regional Powerhouse list are handling some of the biggest deals and most high-profile courtroom battles across eight states, offering clients regional expertise and making a lasting impact on the law at the state and local level.
The 2018 Law360 Diversity Snapshot shows only incremental progress on racial and ethnic diversity in the attorney workforce. At every level of a typical law firm, minority attorney representation increased by less than a percentage point from last year’s survey.
Women have made up over 40 percent of law school students for more than three decades, and they now make up more than half. But our annual survey of the largest U.S. law firms shows that women continue to be underrepresented at all levels.
While in-house technology investments on the scale and complexity needed to compete with large firms remain cost prohibitive for small and midsize law firms, cloud-based services offer significant cost savings and productivity gains with little to no capital investment, says Holly Urban of Effortless Legal LLC.
With the Milbank/Cravath pay scale once again equalizing compensation at many Am Law 100 firms, there is even more pressure for firms to differentiate themselves to top lateral associate candidates. This presents strategic considerations for both law firms and lateral candidates throughout the recruitment process, says Darin Morgan of Major Lindsey & Africa.
In this series featuring law school luminaries, Stanford Law School professor Jeffrey Fisher discusses his motivation for teaching, arguing before the U.S. Supreme Court and what the court might look like if Judge Brett Kavanaugh is confirmed.
The first comprehensive overhaul of California's Rules of Professional Conduct in nearly 30 years becomes operational on Nov. 1. Some of the new rules mirror the model language used by the American Bar Association, but many continue to reflect California’s unique approach to certain ethical questions, says Mark Loeterman of Signature Resolution LLC.
The balancing act between protecting attorneys’ speech rights and ensuring unbiased adjudications was highlighted recently in two cases — when Michael Cohen applied for a restraining order against Stephanie Clifford's attorney, and when Johnson & Johnson questioned whether a Missouri talc verdict was tainted by public statements from the plaintiffs' counsel, says Matthew Giardina of Manning Gross & Massenburg LLP.
In Sheppard Mullin v. J-M Manufacturing Co., the California Supreme Court ruled last month that a law firm's failure to disclose a known conflict with another current client did not categorically disentitle the firm from recovering fees. But the court didn’t provide hoped-for guidance on how to write an enforceable advance conflict waiver, says Richard Rosensweig of Goulston & Storrs PC.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Melanie Green, chief client development officer at Faegre Baker Daniels LLP.
Tom Mesereau may be recently recognizable as one of the attorneys who defended Bill Cosby, but his biggest claim to fame is successfully defending Michael Jackson in 2005. On the eve of what would have been the King of Pop’s 60th birthday, Randy Maniloff, of White and Williams LLP, spoke to Mesereau about his unconventional path to a remarkable career.
In this new series featuring law school luminaries, Widener University Delaware Law School dean Rodney Smolla discusses teaching philosophies, his interest in First Amendment law, and arguing before the U.S. Supreme Court in Virginia v. Black.
While it is commendable that the American Bar Association is liberalizing the rules on distance learning, it should go even further and leave it to the schools themselves to decide how much online learning to offer, says Martin Pritikin, dean of Concord Law School at Purdue University Global.