Large law firms have long offered mentorship programs in which senior partners bestow pearls of wisdom upon junior attorneys, but at least one law firm is shaking up that traditional model in what some say could be a game-changer for the legal industry.
As a once black-market industry continues to grow in both legitimacy and size, and with it, a corresponding surge in legal needs, the first generation of general counsel at state-legal U.S. marijuana companies are on the front lines of the new and volatile field of cannabis law.
Two international law firms announced last week that they were parting ways with U.K. partners after allegations from more than a year ago were suddenly brought to light, in what could be the start of a longer public re-evaluation of how the legal industry addresses — or fails to address — claims of sexual misconduct within its ranks.
Law firm revenue was up 4.5 percent in 2017, matching the biggest uptick the legal industry has seen in the past decade, according to a report released Wednesday by Citi Private Bank’s law firm group, which attributed the success to increases in law firm rates and demand.
Wiley Rein LLP has been tapped to launch a new fund intended to help cover legal bills related to the Russia probe incurred by anyone who worked on President Donald Trump’s campaign or in his White House.
After a generally positive employment trend for the legal services sector in 2017, the industry began the new year on a disappointing note with the loss of 1,100 jobs in January, according to a report released Friday by the Bureau of Labor Statistics.
Amazon, Berkshire Hathaway and JPMorgan Chase announced they will join forces to start an independent health care company, a longtime employment defense attorney launched a new cellphone app that she hopes will provide workers with a safe space to report sexual harassment, and Lyft's general counsel shared with Law360 how she responds to friends who five years ago doubted her decision to join a transportation network company that was part of an unfamiliar industry. These are some of the stories in corporate legal news you may have missed in the past week.
Cook County Circuit Court Clerk Dorothy Brown is appealing an injunction that would have required her office to provide instant access to lawsuits filed electronically in the Chicago-area circuit courts by next week, according to court documents filed Wednesday.
A team of attorneys led by Norton Rose Fulbright's Abbe Lowell secured the dismissal of the corruption case against U.S. Sen. Bob Menendez, D-N.J., earning them a spot on this week's legal lions list, while the legal lambs list was headed up by a Troutman Sanders LLP attorney bench-slapped by the Eleventh Circuit for convincing a district court to shirk the appeals court's mandate in a retail chain exclusivity row.
With a traveling D.C. Circuit seal affixed to a wall behind him, a table-turned-makeshift bench beneath him and a room full of law students in front of him in an American University conference hall, Chief Judge Merrick B. Garland started oral arguments in two appeals last week by answering his own question: Why are we here?
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Near the end of a two-day forum on the present and future state of the business of law, one panelist Wednesday afternoon summed up the prevailing mood with a blunt warning: “Be very, very afraid of the Big Four.”
Dechert LLP is firing back at a federal lawsuit alleging it fired a pair of administrative staffers on the basis of their age and gender, as the Philadelphia-based firm argues instead that the workers lost their jobs as a result of a move to outsource payroll operations.
January's notable legal department hires included new general counsel at multimedia content publisher XO Group Inc., biopharmaceutical company MyoKardia Inc. and security services group Securitas AB.
Former Dewey & LeBoeuf LLP executive director Stephen DiCarmine has reached a settlement in principle with the U.S. Securities and Exchange Commission over fraud claims, his attorney said Tuesday in a letter asking a Manhattan federal judge to stay the SEC’s case while both sides work out the deal’s details.
Taft Stettinius & Hollister LLP has decided to leave behind its partnership structure with both equity and nonequity partners that it had adhered to for more than 25 years, in order to move to a single-tier system that only includes equity partners, the firm announced Tuesday.
A panel of diverse legal professionals speaking at a conference on Tuesday sounded the alarm for the legal industry, saying the entire profession needs to fundamentally rethink how it delivers services to clients if it wants to remain relevant and profitable.
The Senate bucked a decades-old tradition Tuesday by confirming President Donald Trump’s choice for an Eighth Circuit vacancy without the support of a home-state senator.
Quinn Emanuel Urquhart & Sullivan LLP has raised the bar on clerkship bonuses, revealing Tuesday that it now pays judicial clerks a $105,000 bonus for joining the law firm and $20,000 more for those who have completed two clerkships, a raise that a name partner called "logical."
A recent study found that mixed-gender legal teams perform better for clients than those made up of only one gender. Here, experts tell Law360 what it is about diversity that drives superior performance in the practice of law.
The world of legal technology is quickly evolving, with new products coming to market in rapid succession. Here, Law360 takes a look at seven recent developments.
The U.S. Senate appeared to buck a decades-old tradition Monday by slating President Donald Trump's pick for an Eighth Circuit vacancy for a final vote despite opposition from a senator in the nominee's home state.
Advising general counsel to include an international arbitration clause in an important contract can get dicey if the latest gossip about an arbitration gone wrong or a lack of familiarity with the process has caused certain misconceptions to take root. Here, Law360 lays out three common misconceptions GCs may hold about this dispute resolution method.
A longtime employment defense lawyer and her business partner are hoping to change the way employees and employers communicate via a third-party cellphone app, which launched Monday and allows workers to confidentially report sexual harassment or other perceived problems in the workplace to management.
Law360’s Firms of the Year rose above the competition with a combined 24 Practice Group of the Year awards after helping their clients win game-changing judgments and close record-breaking deals in 2017. Here’s a closer look at how they landed at the top.
Law360 congratulates the winners of its 2017 Practice Group of the Year awards, which honor the law firms behind the litigation wins and major deals that resonated throughout the legal industry in the past year.
The elite slate of attorneys chosen as Law360’s 2017 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.
Every seasoned litigator has his or her fair share of courtroom stories. Check out the strange experiences that captured reader interest in this popular 2017 series.
This has been a year of critical mass for legal tech and a transformative year for the legal industry as a whole. We also witnessed increased collaboration between legal tech companies and more traditional players, says Nicole Moriniere of Lexoo.
The question I ask about new technology is how can it improve the quality of my practice — and my life? This year, the iPhone X, the Apple Watch Series 3 and a .LAW domain have proven to be great investments, for professional and personal reasons, says attorney Paul Kiesel of Kiesel Law LLP.
Bartlit Beck was a wonderful place to work for 18 years, and the lawyers there are not only excellent attorneys but also great people. That said, I can look analytically at the Bartlit Beck fee model and make some observations on its pros and cons, says J.B. Heaton, founder of investment analytics company Conjecture LLC.
We tell jurors how important they are to the successful implementation of our judicial system, but oftentimes we don’t treat them with the reverence they deserve. U.S. District Judge Amos Mazzant III of the Eastern District of Texas, Lisa Blue of Baron and Blue, and Robert Hirschhorn of Cathy E. Bennett & Associates advocate three improvements to give jurors an active role in our civil and criminal jury trials.
On Tuesday, the Senate confirmed L. Steven Grasz to a seat on the Eighth Circuit despite being rated unanimously "not qualified” by the American Bar Association — a rating that has been awarded just twice before. This sounds damning, and it is, but it’s worse when you understand how the ABA conducts its assessments, says Todd Cox, director of policy at the NAACP Legal Defense and Educational Fund.
It used to be that hiring a good law firm was the single most important thing a company could do when facing litigation. You could now make the case that an organization’s most powerful asset in prosecuting or defending a claim is its information, says Linda Sharp, associate general counsel of ZL Technologies and chair of the ACC Information Governance Committee.
In its new report on the effects of automation in the workplace, McKinsey Global Institute identifies lawyers as less susceptible to the sort of automation that could put one-third of American workers out of a career by 2030. This may seem reassuring, but it doesn't mean automation won't disrupt our bottom line, says Michael Moradzadeh of Rimon PC.
Litigation funding in Canada has dramatically shifted since its original introduction, notably with the expansion to commercial cases and the development of portfolio financing. This has provided access to justice for clients who may not have been approved for single-case financing, and also helps law firms and lawyers differentiate themselves from competitors, says Lincoln Caylor of Bennett Jones LLP.
Although Hamer v. Neighborhood Housing Services was not the first time I had worked on a certiorari petition, it was the first time I had personally taken on a case in which my initial involvement was at the U.S. Supreme Court level, says Jonathan Herstoff of Haug Partners.