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.
A putative class of New York Law School graduates is appealing a judge's dismissal of its suit alleging the graduates' alma mater inflated its postgraduate employment figures, disputing the ruling that reasonable consumers should have spotted the data's flaws, the class said Thursday.
Struggling Dewey & LeBoeuf LLP lost another partner Friday when Stephen Rooney, the former global chair of the structured finance practice group, joined Mayer Brown LLP as a co-leader of its insurance finance group in New York.
Law firm Jacoby & Meyers LLP on Thursday appealed a New York federal court's ruling that it cannot take investments from nonlawyers, opening the door for the Second Circuit to weigh in on the controversial issue.
Hinshaw & Culbertson LLP has acquired strategy consulting firm The Buckley Cos. LLC and hired five attorneys formerly at Buckley-affiliated law firm Nicolosi & Associates LLC, including former managing partners Paul S. Nicolosi and Gino Galluzzo, Hinshaw announced this week.
Dewey & LeBoeuf LLP lost another round of partners in its insurance, bankruptcy and patent practices Wednesday, one day after The American Lawyer said it was lowering the firm's reported financial results for 2010 and 2011 in its AmLaw 100 rankings.
Financially troubled Dewey & LeBoeuf LLP lost two more partners Tuesday, as a group of four transactional attorneys joined DLA Piper's corporate and finance practice as partners in New York.
A Tennessee federal judge on Monday refused to reconsider his denial of a preliminary injunction requiring the American Bar Association to grant Lincoln Memorial University's law school provisional accreditation in an antitrust suit against the association.
The New York State Commission on Judicial Conduct cleared a high-level Empire State appellate judge Monday of allegations he took improper tax credits and created a “no-show” job for a former city politician but denounced his practice of making closed-door hires.
The pace of law firm mergers has returned to prerecession levels, with 14 law firm mergers and acquisitions announced in the first quarter of 2012, according to an analysis legal consultant Altman Weil Inc. released Monday.
After months of delays, the U.S. Senate on Thursday confirmed Fulbright & Jaworski LLP partner Kathryn Keneally and Cadwalader Wickersham & Taft LLP partner Michael E. Horowitz to top positions in the U.S. Department of Justice.
Bingham McCutchen LLP lost its bid to force a former associate to arbitrate her allegations that she was wrongfully terminated after developing a rare sleep disorder when a California judge ruled Thursday that arbitration provisions in her contract don't apply.
Corporations’ use of in-house counsel, as well as the salaries they pay those attorneys, have steadily increased over the past five years as a partial result of recent nationwide economic setbacks, the Association of Corporate Counsel said in a report Thursday.
Arent Fox LLP has brought a former Dewey & LeBouef LLP antitrust attorney to its New York City office, Arent Fox announced Friday, as the reeling Dewey bids farewell to yet another partner.
The California Judicial Council’s decision Tuesday to shut down a computer project aimed at connecting the state’s 58 trial courts into one system online should prevent more courtroom closures and staff layoffs, though the project's critics say they are calling for an investigation into how it could have cost taxpayers more than $500 million.
Latham & Watkins LLP's Singapore office is looking for more office space and considering new hires to meet a growing demand for project finance and energy work in Australia, India and Indonesia, the firm confirmed Wednesday.
New York court administrators sought comment Wednesday on a plan to block lawyers facing disciplinary action from availing themselves of the state's fee dispute resolution program — a move designed in part to protect the arbitration system's reputation.
Financially troubled Dewey & LeBoeuf LLP is revamping its leadership structure in an effort to improve efficiency and refocus the firm on its profitable litigation, corporate law and bankruptcy practices, two partners at the firm said Tuesday.
Wireless broadband network company Ubiquiti Networks Inc. has hired former Latham & Watkins LLP attorney Jessica Zhou as general counsel and vice president of legal affairs, according to documents filed Thursday with the U.S. Securities and Exchange Commission.
A former Hogan Lovells senior partner and bankruptcy expert pled guilty in the U.K. on Tuesday to obtaining £1.2 million ($1.9 million) in fraudulent travel expenses claims from the firm, which fired him in May after uncovering the theft.
New Jersey Supreme Court justices on Monday grilled the state over its contention that sweeping pension and benefit reforms last year didn't violate a constitutional bar on reducing judges' salaries.
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.