Lawyers spend about 30 percent of their day on billable hours, according to a surprising new report from practice management software Clio, with most of the rest of the day eaten up by billing, administrative tasks and looking for new clients.
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.
Amid legal challenges from the American Bar Association and the American Medical Association, the Federal Trade Commission has decided to delay enforcement of its Red Flags Rule requiring lawyers and doctors to implement written identity theft prevention programs.
One-quarter of in-house counsel expect their legal departments to decrease work with outside firms over the next 12 months, and only 10 percent say they expect the work to increase, according to a new survey.
President Barack Obama has sent Congress two nominees for U.S. attorney posts in West Virginia and Wisconsin, and two nominees for U.S. district judge vacancies in Illinois and North Carolina.
With Hogan & Hartson LLP and Lovells LLP tying the knot earlier in May and Sonnenschein Nath & Rosenthal LLP and Denton Wilde Sapte LLP now headed down the aisle, it's safe to say that trans-Atlantic unions are in season. But for all the acknowledged benefits of these unions — the prodigious work force, the globe-girdling platform and client appeal — supersizing also creates a host of nettlesome problems, according to legal experts.
An analysis of more than 3,400 lawyers and paralegals has revealed that most firms charge different corporate clients different hourly rates for the same work, with some clients paying as much as $1,000 an hour more than others.
The concept of attorney-client privilege dates back to ancient Rome, but many lawyers still struggle with developing and presenting winning arguments to ensure the application of the rule's exceptions — with dire consequences to both the outcome of the case and the attorney-client relationship.
Sonnenschein Nath & Rosenthal LLP said Wednesday that it was combining with the U.K's Denton Wilde Sapte LLP to create a global top 25 law firm with more than 1,400 attorneys and fee-earners and $750 million in annual revenues, following on the heels of another big U.S.-British law firm marriage in early May.
In an increasingly competitive legal market, both large and midsize firms such as Cooley LLP and Sands Anderson PC are slicing partners from their official names for the sake of marketing simplicity, and experts say it probably won't be long before even more follow suit.
Marking signs of a legal industry turnaround, Morris Manning & Martin LLP has decided not to cancel its 2010 summer associate program as it had previously planned to do.
President Barack Obama is sending a bill to Congress that would revive presidential line-item veto power in an attempt to help slim down federal earmark appropriations while correcting the constitutional issues that led the U.S. Supreme Court to scuttle line-item authority in 1998.
Major law firms are increasingly embracing competency models for their associates, both to speed their professional development and make them more marketable to clients, and experts say that trend shows no signs of slowing down anytime soon.
The U.S. Department of Justice on Tuesday expressed strong support for a bill passed by a U.S. House of Representatives subcommittee that would clarify the authority of federal officials to remove to federal court any state court proceedings against them in which a judicial order is sought or issued.
We are an investor-owned company with operations that affect every single individual within our 70,000-square-mile service territory. All of this poses opportunities and risks, and any firm trying to win our business should fully understand them, says Sanford L. Hartman, vice president and managing director of Pacific Gas & Electric Co.'s legal department.
The Society of American Law Teachers has urged law school deans and faculty members to work with the American Bar Association to reduce the influence of U.S. News & World Report rankings and LSAT scores on admissions.
A Texas jury has awarded a former Baron & Budd PC attorney $8.8 million in finding that the firm and its founder made negligent misrepresentations about the firm's financial situation and the relationship between its name partners when they hired him in 2006.
Hogan Lovells is reportedly restarting lockstep pay and boosting associate salaries in the U.K. on the heels of the recent merger that formed the firm.
As 2009's deferral programs at some law firms come to an end, news is trickling in about how firms are incorporating the influx of associates, with some at Dewey & LeBoeuf LLP re-upping or taking optional severance.
The House Administration Committee has approved legislation aimed at counteracting the U.S. Supreme Court's decision in Citizens United v. Federal Election Commission, marking the first step for the bill as its sponsors attempt to push it through before midterm elections.
The U.S. Supreme Court has shot down a request by Textron Inc. to hear an appeal of a work product privilege case that attorneys said could have far-reaching consequences on their ability to candidly assess their clients' risk of being sued.
Bryan Cave LLP securities and white collar defense partner James Cole will reportedly be nominated to become the next deputy attorney general, the No. 2 position at the U.S. Department of Justice.
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.