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.
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.
A judge's race or gender can have a significant impact on the outcome of cases involving racial or sexual harassment allegations, two recent studies suggest, prompting questions from judges and scholars about exactly how those reports should be used and interpreted.
Following numerous internal complaints, Vinson & Elkins LLP has reportedly increased the size of its merit-based bonuses, particularly to associates outside of New York.
Did you hear the one about the lawyer who asked the judge to postpone a trial so he could catch a football game? Or the one who read his brief, word for word, to the whole courtroom? How about the one where the lawyer dissed Cornell University Law School — only to discover it was the judge's alma mater?
This week, as Valentine's Day approaches, Law360 takes a look at five couples whose careers couldn't preempt the laws of attraction. Today's powerful pairing: Katten Muchin Rosenman LLP's Meryl Wiener and Latham & Watkins LLP's Barry Bryer.
President Barack Obama has nominated four people to serve as federal judges in four different district courts around the U.S.
The economic recession is undoing the diversity gains the legal profession has made in past decades by drying up funds for diversity initiatives, according to a new report.
A federal appeals court has issued a limited writ of mandamus ordering a district court to explain why it denied a lawyers association's request to interview a jury that found Sunoco Inc. liable for employment discrimination in 2005.
As more and more courts rule that anything you say or do on Facebook can and will be used against you in a court of law, the social networking site is becoming a powerful game-changer for attorneys on both sides.
Greenberg Traurig LLP has joined the list of firms expanding their California operations with the opening of its San Francisco office, the firm's fifth office in the state.
Alluding to a drop in legal work, Howrey LLP reportedly has handed out pink slips to 100 attorneys and staffers in the firm’s U.S. offices.
First-year associates' salaries at Mayer Brown LLP will hold steady at $160,000 across the firm's U.S. offices, while compensation for first-years at Pillsbury Winthrop Shaw Pittman LLP's non-New York offices will dip to $145,000, according to firm memos.
For years, law schools have talked about the need to provide students with more practical skills. Now, with the associate market at U.S. law firms contracting and competition for starting positions fiercer than ever, experts predict schools will put their money with their mouths are.
Lateral movement in the legal industry skyrocketed in January, with Kasowitz Benson Torres & Friedman LLP and K&L Gates LLP scoring the most new partners, of counsel and special counsel.
As a rule, attorneys should strive to communicate candidly with clients, but while honesty is generally the best policy, there are some things you might like to keep to yourself. Law360 gives you a crib sheet for what not to say.
Kelley Drye & Warren LLP is the latest law firm to face a U.S. Equal Employment Opportunity Commission suit over its policy of forcing older partners off its equity ranks, but attorneys say any firm with mandatory retirement programs leaves itself open to charges of age discrimination.
Vinson & Elkins LLP has reportedly ended its salary freeze and outlined how it will dole out merit-based bonuses and raises to associates.
The Senate Judiciary Committee recommended Thursday that the Senate approve the nominations of two North Carolina judges to the U.S. Court of Appeals for the Fourth Circuit.
Women are still underrepresented on the nation’s federal and state judicial benches, holding only 22 percent of all federal judgeships and 26 percent of all state-level positions, according to a new study.
Whether expanding outright into a hot new area or repositioning an existing practice group to access new clients, forward-looking law firms are constantly looking for ways to grow. Law360 asked legal consultants and attorneys to help develop a guide to launching a successful and enduring practice group so that you know where to look before you leap.
In a rare moment of public tension between a U.S. President and the Supreme Court, President Obama scolded the Supreme Court in his State of the Union Wednesday night even as at least one justice shook his head in disagreement.
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.