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.
Venable LLP's planned combination with Fitzpatrick Cella Harper & Scinto continues a trend of general service firms acquiring intellectual property boutiques, and experts say more tie-ups could be coming amid challenges in the IP market and a desire from law firms to find a competitive edge.
Paul Hastings LLP leads this week's pride of legal lions, notching four wins for Google at the Patent Trial and Appeal Board, while Jones Day and its co-counsel landed on the legal lambs list after juries hit client R.J. Reynolds with a pair of product liability verdicts totaling $113.3 million.
The National Association of Women Lawyers has rated D.C. Circuit Judge Brett Kavanaugh "not qualified" for the U.S. Supreme Court over his record on women's rights issues such as abortion, calling one of his recent writings "patronizing" and "inflammatory," though otherwise finding him "supportive of women professionally."
Montreal-based Bombardier Inc. has found its new top lawyer in Alain Rondeau, who is set to replace the outgoing general counsel when he retires at the end of the year, the company said Thursday.
The Illinois state court judge overseeing the murder case against the accused killer of Mayer Brown LLP appellate practice leader Stephen Shapiro tapped the Cook County Public Defender’s Office to represent the man on Thursday after learning he has no money to pay for private representation.
Growing courts, big cases and equally big decisions marked the last year for Law360's 2018 Delaware Powerhouses, keeping the state and the attorneys who practice there in the vanguard of corporate, bankruptcy and intellectual property law.
Manhattan U.S. District Judge Valerie E. Caproni prodded former BigLaw senior associate David Joffe to try to settle his wrongful termination case against King & Spalding LLP Tuesday, warning him that he might also have to litigate a parallel fee spat with his current counsel if his case doesn't settle amicably.
The court-appointed receiver in the R. Allen Stanford $7 billion Ponzi scheme case and a group of bilked investors have announced a $63 million settlement that would end further litigation against law firm Proskauer Rose LLP, which formerly employed a partner who represented entities affiliated with the fraud.
Creating law firm partnerships in which men and women are equal in both number and power may come down to something as simple as offering new fathers substantial periods of paid paternity leave, according to recent research by a professor at the University of San Diego School of Law.
The lawyer representing the man accused of killing Mayer Brown LLP appellate practice leader Stephen Shapiro plans to withdraw from the Cook County, Illinois, murder case because of the time and money it would take to effectively represent him, Law360 learned Wednesday.
Sens. Susan Collins, R-Maine, and Lisa Murkowski, R-Alaska, on Wednesday received a letter signed by more than 300 law professors, trying to pressure them into voting against Supreme Court nominee Judge Brett Kavanaugh over his alleged hostility to Roe v. Wade and abortion rights.
Jami Wintz McKeon has served as chair of Morgan Lewis & Bockius LLP for the past four years, overseeing significant growth at the firm. Under her direction, Morgan Lewis has expanded its presence in Asia, entered new geographic regions within the U.S., and doubled practice groups such as tax and antitrust while branching out into new sectors.
Clifford Chance US LLP has agreed to pay a $132,000 penalty to resolve a claim that it unlawfully discriminated against non-U.S. citizens and dual citizens by refusing to staff them for a client project, the U.S. Department of Justice announced on Wednesday.
White House Counsel Don McGahn, the former Jones Day partner who has spearheaded the administration's overhaul of the federal judiciary, will step down in the fall after the confirmation battle over U.S. Supreme Court nominee Brett Kavanaugh, President Donald Trump said Wednesday.
A California judge on Tuesday granted Johnny Depp's bid to dismiss a claim by his former attorneys at Bloom Hergott Diemer Rosenthal LaViolette Feldman Schenkman & Goodman LLP that he breached their oral fee agreement, saying the show business deal is no different from any other attorney contingency fee agreement and thus is voidable since it had not been put in writing.
The firms selected as Law360's 2018 Florida Powerhouses reflect the diverse character of the state in their varied histories, sizes and strategies while capitalizing on its rapidly growing industries and status as a crossroads of global business.
Law360's 2018 Illinois Powerhouses helped iconic Chicago-based clients secure equally iconic deals, including the first renovation at Willis Tower and mixed-use development around Wrigley Field, and leveraged their trial expertise to wipe out nearly $300 million worth of adverse verdicts.
A California federal judge on Tuesday said she would keep intact at least a portion of an intellectual property firm's lawsuit claiming online legal services company UpCounsel Inc. falsely advertises how much it collects from attorneys in fees, saying during a hearing "they claim they're not getting any referral amounts, but they sure do seem like they are."
D.C. Circuit Judge Brett Kavanaugh spent most of his time during his stint in the Bush White House dispensing legal advice, but documents released this month as part of his U.S. Supreme Court confirmation process show he also worked on legislative efforts to overhaul class action jurisdiction and terrorism insurance.
The U.S. Senate confirmed seven federal judge nominees Tuesday, including a federal magistrate judge deemed "not qualified" by the American Bar Association over his work habits, which the organization says included frequently not showing up to the courthouse until the late afternoon.
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.
In this analysis of disciplinary action trends in the legal industry, Edwards Neils LLC managing member Jean Edwards examines data provided by bar organizations for 17 states and the District of Columbia.
With law firms increasingly exposed to professional liability risks associated with their corporate client relationships, firms must craft well-structured client engagement letters to help protect against malpractice claims. Two key elements of an engagement letter are how it defines the scope of engagement and how it handles conflicts of interest, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.
Today, members of Congress often seem able to blame colleagues of the other party for not getting anything done for their constituents. In law practice, you can’t really blame a bad result for your clients on the lawyers on the other side, says former Sen. Joe Lieberman, D-Conn., of Kasowitz Benson Torres LLP.
Corporate law departments are increasingly demanding more concessions from outside legal counsel, and presenting engagement letters that open the door to greater professional and cyber liability exposure for law firms — often beyond the scope of their insurance coverage. Firms must add their own language to engagement letters to limit liability, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.
Being a former member of Congress put me in an advantageous position when I approached law firms in the late '70s, at a time when there were few female lawyers, and even fewer African-American lawyers, in major law firms, says former Rep. Yvonne B. Burke, D-Calif., a director of Amtrak.
Popular culture paints the Hill as a place teeming with intrigue, corruption and malicious intent. But in Congress I learned important lessons about respecting people and the work they do, says former Sen. Norm Coleman, R-Minn., of Hogan Lovells.
I found that senior members of Congress didn’t have time to mentor younger members. Lawyers — though just as busy as members of Congress — cannot afford to follow this model, says former Rep. Charles Gonzalez, D-Texas, of Ogletree Deakins Nash Smoak & Stewart PC.
A Colorado federal judge recently approved a deal in which the University of Denver agreed to institute salary increases and pay $2.66 million to settle an equal pay lawsuit filed by the U.S. Equal Employment Opportunity Commission on behalf of seven female professors. Jacqueline Beaumont of Call & Jensen discusses the most noteworthy aspects of the agreement.
Legal industry compensation practices are once again in the news as BigLaw firms continue to match the new high watermark of $190,000 for first-year associate salaries. The typical model of increasing associate salaries uniformly fails star associates, the firms they work for and, ultimately, the clients they serve, says William Brewer, managing partner of Brewer Attorneys & Counselors.
While some may say it’s ironic, it’s also embarrassing and enraging that the very industry that offers anti-harassment training, policies and counsel now finds itself the subject of #MeToo headlines. The American Bar Association recommendation that will bring about the greatest change is the call to provide alternative methods for reporting violations, says Beth Schroeder, chair of Raines Feldman LLP's labor and employment group.