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.
President Barack Obama has nominated Solicitor General Elena Kagan for the U.S. Supreme Court, a choice experts say is a safe bet for the White House.
It's not easy to find common ground between in-house counsel and the law firms who serve them. But a panel of attorneys on both sides said that to weather this hard-hitting recession, they need to replace the underlying tensions between them with trust and transparency.
At the end of the day, if you have a proven track record in your particular field, know our business so that we can integrate your support seamlessly with our in-house team and can provide good value, we are interested in you as outside counsel, says Marguerite Woung-Chapman, vice president of legal shared services, corporate secretary and chief governance officer at El Paso Corp.
U.K. firm Slaughter and May has unfrozen associate salaries and tightened up differences between its pay levels, while fellow Magic Circle firm Freshfields Bruckhaus Deringer LLP has reportedly handed out raises to three levels of associates, in a sign that firms are beginning to relax the purse strings.
U.S. Solicitor General Elena Kagan, considered by experts to be a top contender to fill the upcoming U.S. Supreme Court vacancy, is lacking one important attribute that some say could become an issue in a potential confirmation process: a record of judicial decisions.
Arbitration can be a cheaper, speedier alternative to litigation, but it presents unique challenges for attorneys accustomed to working in a courtroom. A group of arbitration lawyers shared strategies for coming out on the winning side at a recent conference of the American Bar Association's litigation section in New York, and Law360 was there.
London-based SJ Berwin LLP has reportedly shifted its attentions in its quest for a U.S. partnership from Orrick Herrington & Sutcliffe LLP to Proskauer Rose LLP, after preliminary discussions with Orrick fell through earlier in the week.
Former federal antitrust prosecutor and current U.S. Court of Appeals for the Seventh Circuit Judge Diane Wood has a deep judicial and academic background that has earned her a spot on the U.S. Supreme Court shortlist, but her record on abortion rights may ultimately hurt her nomination prospects.
The U.S. Senate confirmed district judges for the District of Nevada, the District of Wyoming and the Eastern District of Arkansas on Wednesday in near-unanimous votes.
Many partners at major law firms took advantage of the recession to strike out on their own and found boutique law firms. But even as the legal market's stabilization slows the flight from BigLaw, experts say these fledgling boutiques can keep attracting top lateral talent if they sell themselves properly.
After a series of preliminary discussions, Orrick Herrington & Sutcliffe LLP has decided not to merge with SJ Berwin LLP, a London-based firm that is reportedly pushing for a U.S. partnership.
If you want us to choose you as outside counsel, forget the glossy brochures and other fancy come-ons. Commit to know us and our businesses, and to work to protect our interests as if you were the owner of our company, says Jerry Okarma, vice president, secretary and general counsel of Johnson Controls Inc.
Yale Law Women released the results Monday of its annual survey of the Vault Top 100 Firms' work-life balance policies, naming WilmerHale and Sidley Austin LLP among its top 10 family-friendly firms for the second year in a row.
For the first time this year, lateral movement in the legal industry dropped month-over-month, despite Lewis Brisbois Bisgaard & Smith LLP scoring nine laterals from Wilson Elser Moskowitz Edelman & Dicker LLP and Greenebaum Doll & McDonald PLLC losing nine partners to four different firms.
The U.S. Senate on Thursday unanimously confirmed U.S. attorneys for the Eastern and Western districts of Kentucky, as well as for the District of New Mexico and the District of Guam.
After a period of aggressive cost-cutting, many large law firms remain cautious about loosening the purse strings, but legal industry experts say they are starting to see some signs that business might be looking up for BigLaw.
President Barack Obama has named a prosecutor and attorneys with Warner Smith & Harris PLC and Pigott Reeves Johnson & Minor PA to fill district court judge spots in Massachusetts, Arkansas and Mississippi.
Nearly one-third of female partners have been bullied or threatened by male colleagues to back down from origination point disagreements, an example of the many compensation challenges they still face, according to a new study.
The Senate Judiciary Committee voted Thursday to allow the full Senate to consider bills that would put television cameras in the Supreme Court and other federal courts, despite several senators' objections that the move could jeopardize the judicial process.
Democrats in both houses of Congress on Thursday introduced legislation to limit the effects of a January ruling by the U.S. Supreme Court that they argue opened the floodgates to unlimited corporate spending on elections.
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.