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.
Foley Hoag LLP's work on the Gill case, which successfully challenged one section of the Defense of Marriage Act in Massachusetts, and its decades-long and precedent-setting domestic violence efforts have landed the firm a place on Law360's Pro Bono Firms of 2010 list.
Reed Smith LLP's decision to allow flat-fee clients to get instant updates on how their dollars are being spent on any given day has put pressure on law firms to offer similar technology, but some are still wrestling with the "scary" nature of real-time billing applications, attorneys say.
The U.S. Senate has unanimously approved a bill that would exempt lawyers, doctors, accountants and other professionals from the Federal Trade Commission's Red Flags Rule.
The Supreme Court of Florida will soon decide whether to strip Henry “Hank” Adorno, the former head of Adorno & Yoss LLP, of his legal credentials for negotiating a questionable settlement with the city of Miami, while local attorneys including one-time partner George Yoss say the court's threat of such a penalty is going too far.
The defunct law firm WolfBlock LLP has reportedly forced its former partners into arbitration to defend their paychecks, arguing that they should return $1.6 million they were paid before the firm's dissolution.
From high-profile efforts on behalf of the youngest of the Jena 6 to less heralded victories like securing asylum for a survivor of domestic abuse, Dewey & LeBoeuf LLP's dedicated and personalized approach to its pro bono program has earned it a place on Law360's Pro Bono Firms of 2010 list.
The U.S. Supreme Court on Monday agreed to hear a Republican-mounted challenge to a portion of Arizona's election law that provides matching funds to publicly financed candidates, the first time the court has delved into campaign finance law since the landmark Citizens United ruling.
Following the example of its BigLaw brethren, Milbank Tweed Hadley & McCloy LLP is reportedly paying its fledgling attorneys $7,500 in bonuses and giving its senior associates a $35,000 pat on the back for 2010, roughly $5,000 more than veterans got last year.
At Dechert LLP, a “big tent philosophy” for pro bono work has led to major public interest accomplishments on the local, national and global level in the past year, earning the firm a spot on Law360’s Pro Bono Firms of 2010 list.
Many law firms pledge a strong commitment to public service nowadays, but only some stress pro bono work as a central tenet: clocking an impressive attorney participation rate while taking on challenging legal work to serve the public good. These firms treat pro bono work as a core value, and for that they have made Law360's Pro Bono Firms of 2010 list.
From its successful representation of a domestic abuse victim in a U.S. Supreme Court case challenging her right to bring a criminal contempt charge against her abuser to its work in squashing a legal challenge to same-sex marriage in Washington, Covington & Burling LLP's wins in pro bono cases in the past year have earned the firm a spot on Law360's Pro Bono Firms of 2010 list.
Big Law behemoth Skadden Arps Slate Meagher & Flom LLP boosted year-end bonuses for its longest-serving associates on Tuesday, bumping the 2010 bonus for seven-year veterans to $35,000 from $30,000 a year ago and matching Cravath Swaine & Moore LLP’s similar decision earlier this week.
Morrison & Foerster LLP will start offsetting the extra federal taxes that staff and nonpartner lawyers pay on benefits for their domestic partners, a new perk that will apply to both gay and straight domestic partnerships.
Cravath Swaine &; Moore LLP has sweetened its yearly bonus payout for seventh-year associates, a newly leaked memo showed Monday, with a $35,000 payout that tops last year's $30,000 year-end haul.
A U.S. Senate committee has issued a report on evidence presented in the impeachment hearing of federal Judge G. Thomas Porteous Jr., a key step in what may be his ultimate removal from office for alleged bribe-taking and corruption.
President Barack Obama has nominated a slate of six candidates, including business litigators and assistant U.S. attorneys, to take on district court judgeships in New York, California, Florida, Illinois, Pennsylvania and Tennessee.
A former partner at Holland & Knight LLP has been suspended for 90 days by the Illinois Supreme Court for padding legal bills charged to Pinnacle Corp. in a copyright infringement lawsuit that lasted from August 2002 to December 2004.
McGuireWoods LLP on Wednesday announced plans to merge with Houston-based Nickens Keeton Lawless Farrell & Flack LLP, enabling the firm to get up close and personal with energy work in the Lone Star State.
Patent attorney and administrative law judge Victoria Kolakowski has become the country's first openly transgender trial judge, emerging victorious in a close race for the Alameda County seat on California's Superior Court.
Norton Rose Group has agreed to merge with Canada's Ogilvy Renault LLP and South Africa's Deneys Reitz, aiming to create a global powerhouse and tap into emerging legal markets in Africa and the Asia Pacific region.
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.