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.
Orrick Herrington & Sutcliffe LLP has opted to stop tracking or reporting its profits per partner, but legal industry watchers say the lack of an easy alternative and the allure of bragging rights will keep the metric in place for at least several years.
U.S. Supreme Court nominee Elena Kagan has a net worth of about $1.8 million, she said Tuesday in her answers to a Senate Judiciary Committee questionnaire.
Corporate counsel are paying more attention to attorney-authored blogs, and many say they expect them to play a role in future law firm hiring decisions, according to a new survey on the new-media habits of in-house counsel.
In these penny-pinching times when many corporate legal departments are winnowing down the number of outside firms they hire, law firms may need to rethink their approach to beauty contests if they want to remain on the preferred provider list.
Pillsbury Winthrop Shaw Pittman LLP has reportedly increased its associate salary scale from earlier projections, with many associates eligible to net between $160,000 and $280,000.
We seek and select outside counsel who are able to strike the appropriate balance between cost and quality. They must be well-versed in the relevant technical issues, but they also need to have an understanding of the business and political environment in which we operate, says John Cannon, executive vice president, general counsel and corporate secretary of WellPoint Inc.
Partners at Skadden Arps Slate Meagher & Flom LLP now have an extra two years before they must start winding down their businesses in preparation for retirement, the firm confirmed Monday.
We are most impressed not only by the firm which has carefully considered the issues presented by the case, but also the one which has researched us and has some sense for our business, says Jay Gorry, general counsel and corporate secretary at Dollar Tree Inc.
Adorno & Yoss LLC, the U.S.' largest certified minority-owned law firm, has merged with Wong Fleming PC, another minority-owned firm, adding 15 employment, bankruptcy and intellectual property attorneys in Pennsylvania, New Jersey, Maryland and New York to Adorno & Yoss' roster.
The Senate Judiciary Committee voted 12-7 on Thursday to report out U.S. Court of Appeals for the Ninth Circuit nominee Goodwin Liu, a law professor and associate dean at the University of California, Berkeley, whose constitutional views and lack of judicial experience have drawn Republican fire.
Orrick Herrington & Sutcliffe LLP said Wednesday that it would stop using profits per equity partner to gauge the performance of the firm, calling the metric an outdated measure in a changing legal industry.
As Solicitor General Elena Kagan prepares for a U.S. Supreme Court confirmation fight, appellate lawyers speculate that President Barack Obama may look to an attorney in his own administration, such as ex-Jenner & Block LLP partner Donald Verrilli, to replace her as the high court's unofficial 10th justice.
Male attorneys are more overconfident than their female counterparts when asked to predict whether they will win their cases, though all lawyers are generally too optimistic in forecasting results, a new study has found.
If Solicitor General Elena Kagan is confirmed to the U.S. Supreme Court, expect the former Harvard Law School dean to bring pointed questions and an open-minded, pragmatic legal philosophy to the bench, according to lawyers who have encountered the nominee in the past.
Cutting off discovery for defendants who move to dismiss was among the ideas proposed by judges, lawyers and professors at a panel discussion Tuesday on ways to make a more efficient pretrial process and avoid flawed settlements.
If you want us to hire you as outside counsel, understand our business objectives and work to achieve them. Litigation and transactions are not competitions in which to show off; they are business problems that we need your help to solve, says Cameron Findlay, senior vice president, general counsel and secretary of Medtronic Inc.
At age 50, Solicitor General Elena Kagan is a generation younger than her potential colleagues on the U.S. Supreme Court and has never served on a court before, factors that heighten her potential to change the high court's dynamics, experts say.
Before U.S. Supreme Court nominee Elena Kagan can take her place on the nation's high court, she'll face a grilling by members of Congress. Law360 asked leading attorneys: What questions would you like to see asked of Kagan during the confirmation hearings?
Though the U.S. economy appears to be bouncing back somewhat, roughly 1,100 legal services workers lost their jobs in April, marking the second straight month that the industry shrank, according to the U.S. Bureau of Labor Statistics' monthly jobs report.
As President Barack Obama pushes to have his U.S. Supreme Court nominee Elena Kagan confirmed by summer, Senate Republicans say they are preparing a “thorough” review, cautioning Democrats not to expect a “rush to judgment” in vetting Obama's candidate.
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.