Amid the near-daily announcements of BigLaw firms and boutiques clamoring to match the new market scale for associate salaries unveiled in June, several law firms are exploring ways to augment their offerings to young attorneys in ways that cannot be measured in dollars and cents.
The American Bar Association reduced its executive director's pay from $1.25 million in 2015 to $1.17 million in 2016, documents made public Friday show, but Law360 has learned that a bigger pay cut for the executive is in the works as the organization grapples with declining membership and dues revenue, as well as layoffs.
As law firm managers look ahead to the second half of 2018, their overall confidence in both the U.S. and global economies has taken a modest dip, although faith in their firms' performance is as strong as ever, according to a survey released Thursday by Citi Private Bank.
The law firms on Law360’s Global 20 ranking have a broad reach that spans the globe. With offices and attorneys standing ready to deftly handle complex challenges, these firms take on everything from high-stakes transactions to legal brawls that play out on multiple fronts.
Orrick Herrington & Sutcliffe LLP has reportedly emerged as the top contender for a merger with SJ Berwin LLP, as the London-based firm continues its push for a U.S. partnership.
The U.S. Supreme Court has agreed to take up the question of whether an order denying summary judgment can be appealed after trial if the party did not appeal the order before trial, in a case involving the alleged sexual assault of a female inmate at an Ohio prison.
Of the many potential nightmares that keep chief litigators up all night, from outside counsel botching a key case to patent trolls casting a wide net in a wave of suits, none is a greater terror than what must have gone down inside the legal department of Goldman Sachs Group Inc. on that fateful Friday in April.
Gibson Dunn & Crutcher LLP's Theodore Olson, former solicitor general under President George W. Bush, asked the U.S. Supreme Court on Friday on behalf of the Republican Party to overturn the Bush-era ban on "soft money" in the McCain-Feingold Act.
To ensure a successful resolution to electronic discovery disputes while staying on a judge's good side, be forthcoming with information and willing to compromise with opposing counsel, magistrate judges advise.
Want to lose a client? General counsel say there is one sin that's guaranteed to get you kicked out of their offices: going behind their backs to company executives.
An ex-shareholder at EpsteinBeckerGreen has accused the firm of refusing to reimburse $150,000 in capital contributions, saying his former employer withheld the money as part of a stealth policy of punishing attorneys for firm losses.
While many young lawyers are biting at the bit to bask in the glow of the courtroom spotlight, experienced trial attorneys say that eagerness, if left unchecked, can overshadow the practical considerations that make or break a successful trial experience. Here, trial veterans reveal their tips for young attorneys on the eve of their first big day in front of the jury.
The U.S. Senate has taken action to advance a backlog of nominees to serve as U.S. attorneys, confirming five candidates to fill federal prosecutor vacancies and voting to advance an additional four out of the Senate Judiciary Committee.
Clifford Chance LLP has decided to transfer some management work to the firm's business development staff in order to free up more fee-earning time for senior partners.
Give some thought to a new financial model, be it partnering with offshore legal talent akin to outsourcing, secondment relationships or the "diamond" law firm structure — as opposed to pyramid — where the true legal work and billings should be applied to the lower-middle tier of associates, says Michelle C. Ifill, vice president and deputy general counsel at Verizon Business.
Among the many do's and don'ts when arguing before an appellate court is one judges believe is just common sense: Don't interrupt. At the annual conference of the American Bar Association's litigation section, three appellate judges sounded off on their pet peeves and how attorneys can best sway a court.
The U.S. Senate unanimously confirmed District Judge Denny Chin to fill a vacancy on the U.S. Court of Appeals for the Second Circuit on Thursday, the same day that another Second Circuit nominee and a Delaware district court nominee faced the Senate Judiciary Committee.
The U.S. Senate has voted to confirm Judge Thomas Vanaskie of the U.S. District Court for the Middle District of Pennsylvania to the U.S. Court of Appeals for the Third Circuit, ending a delay of eight months since President Barack Obama nominated him for the post.
The U.S. Supreme Court has ruled that judges may increase fee awards for exceptional performances by pro bono plaintiffs attorneys in civil rights cases, but only in rare instances, and has reversed a lower court's enhanced fee award on the grounds that the judge did not adequately explain his reasoning.
The U.S. Senate on Wednesday voted 72-24 to confirm O'Melveny & Myers LLP attorney and Duke University School of Law professor Christopher Schroeder as head of the U.S. Department of Justice's Office of Legal Policy, which vets federal judges.
Women who earn a law degree will make $2 million less in their lifetime than men in their graduating class, but female lawyers still experience a slighter pay disparity than other women in the legal profession and women in other fields, according to experts.
Although the number of women promoted to partner was up in 2009, at least 14 major law firms failed to send any female attorneys to their partner ranks last year, according to a new report.
President Barack Obama said Wednesday that he planned to make his nomination to fill retiring Justice John Paul Stevens' seat on the U.S. Supreme Court by the end of May.
Given the success of Australia's first publicly traded law firm and an impending law that will allow third parties to invest in U.K. law firms, a reversal of the rule barring nonlawyers from investing in U.S. law firms could help the industry bounce back from a crippling recession, according to industry insiders.