The relationship between law firms and their corporate clients shifted substantially with the onset of the Great Recession in 2007, and a decade later many of those changes appear to be here to stay. Here, Law360 looks at one major way the legal industry has been affected.
The law office has traditionally served as a hub where attorneys work and interact with colleagues and clients, but new technologies, rising real estate costs and an increasing desire for flexible work opportunities are challenging that typical office concept.
The ever-elusive “cultural fit” that elite law firms seek in prospective members of their exclusive club reflects a long-held set of values that favor white men and feeds racial, ethnic and gender inequality, a 15-year study says.
In the high-stakes world of trial advocacy, it only takes one slip in front of judge or jury to leave a permanent impression, but even the most successful trial lawyers have had their humbling moments in the courtroom. Here, top trial attorneys share a few of these experiences and how they ended up shaping their careers.
A California judge on Tuesday tentatively trimmed three Fair Employment and Housing Act claims from a lawsuit alleging Gibson Dunn & Crutcher LLP maintains a hostile work environment for older workers in its billing department, but refused to throw out an intentional infliction of emotional distress claim.
A law degree offers a springboard to a higher salary for all graduates, but research out Tuesday reveals that springboard is more powerful for white graduates than minorities and launches men farther than women.
Quinn Emanuel’s recent decision to pass out bonuses to high-billing associates who remain loyal to the law firm reflects and exemplifies a changing legal marketplace where mid-level attorneys are increasingly difficult to retain and the goals of young lawyers are in flux.
The Senate approved President Donald Trump’s pick for his top U.S. Supreme Court advocate Tuesday, confirming onetime Jones Day partner Noel Francisco as solicitor general.
Norton Rose Fulbright continued to expand its global presence in the past year while playing a key role in groundbreaking mining projects in Guinea, helping land the firm on Law360’s Global 20 list.
Former Dewey & LeBoeuf LLP Chief Financial Officer Joel Sanders urged a New York judge on Monday to impose a no-jail sentence, arguing the prosecution's request for a four-year sentence is turning "a blind eye to reality" in comparing Sanders with major Ponzi schemers.
Hogan Lovells may have slowed its expansion, but the depth of its staff has served it well over the last year in complex and labor-intensive matters like Libor litigation, securing it a place in Law360's Global 20 for the seventh year running.
A former Paul Weiss Rifkind Wharton & Garrison LLP staff attorney will be sentenced in December after pleading guilty in Virginia federal court on Friday to transmitting multiple videos and still images of child pornography.
Litigation funder Longford Capital Management LP on Monday said it closed its second private investment fund at its $500 million cap and hailed the fund as the largest of its kind in North America.
Retired Judge Richard Posner has come under fire from his former boss, the chief judge of the Seventh Circuit, after his latest book slammed decisions she made over a program that handles litigants who represent themselves before the appeals court.
For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.
A federal judge sued the judiciary and its disciplinary panels after they tried to make him submit to a psychiatric evaluation, a move that will tee up a rare constitutional test of a judicial oversight law and test the limits of how far court authorities can go to control judges with lifetime appointments, experts said.
Delaware’s Chief Justice Leo E. Strine Jr., with his biting wit and forceful personality on the bench, is facing fire from some for the First State’s tarnished reputation among many business leaders, with attorney Alan Dershowitz calling him “an unfortunate face” for the state.
Delaware fell precipitously in its ranking for business litigation, Federal Trade Commission acting Chairman Maureen Ohlhausen pushed back on calls for a more aggressive approach to antitrust enforcement of the digital economy, and the National Labor Relations Board will likely be ramping up the number of decisions it releases over the next three months. These are some of the top stories in corporate legal news you may have missed last week.
Productivity at the U.S. District Court for the Eastern District of Pennsylvania, the third-largest federal bench in the country, has remained high even with three nagging judicial vacancies, the court's new chief judge told Law360 in an exclusive interview.
U.S. District Judge Valerie E. Caproni prodded the U.S. Securities and Exchange Commission on Friday to “swallow hard” and decide on whether to settle fraud claims against ex-Dewey & LeBoeuf LLP chief financial officer Joel Sanders and Stephen DiCarmine, the fallen firm's former executive director.
While DLA Piper’s sprawling international presence allows it to oversee multibillion-dollar acquisitions like Qualcomm’s purchase of NXP Semiconductors, it also helps the firm fully respect and embrace an array of local cultures, earning it a spot on Law360’s Global 20 list for the seventh consecutive year.
Twelve nominees tapped by President Donald Trump for U.S. attorney roles at the U.S. Department of Justice were among the dozens of appointments confirmed Thursday by the Senate.
President Donald Trump's Federal Election Commission pick, Austin attorney and Akerman LLP partner James E. “Trey” Trainor III, is facing criticism from watchdog groups for his fights against government transparency and tweets some are calling anti-protestant, but experts said that is unlikely to affect his confirmation to the post.
Sullivan & Cromwell LLP secured a spot among the legal lions this week by defeating a long-running securities class action against Barclays over a $2.5 billion notes offering, while Niro McAndrews LLC ended up on the legal lambs list after a $54 million trade dress infringement verdict the law firm won for Black & Decker was thrown out.
The law firms on Law360’s 2017 Regional Powerhouse list are handling some of the biggest deals and most high-profile courtroom battles across seven states, offering clients regional expertise and making a lasting impact on the law at the state and local level.
The law firms on Law360’s Global 20 list have expertise that spans practice areas and continents, and they’ve handled some of the biggest cross-border matters of the year. With thousands of attorneys in dozens of countries around the world, these firms have figured out the key to delivering for clients on multiple fronts.
The Law360 400 features the largest U.S.-based law firms and vereins with a U.S. component, as measured by domestic attorney headcount.
Having embraced the notion that the right space can reinforce the right firm culture, law firm leaders have been evaluating real estate primarily for its physical properties. However, it's hard to be collegial, even in the coolest of in-house coffee bars, if your cost structure is untenable, says Craig Braham of Advocate Commercial Real Estate Advisors LLC.
Lawyers move to New York City to work on some of the most sophisticated work the legal market has to offer. This exposure and experience is an amazing asset and many of the skills developed will make associates very marketable in the event they consider relocating to another market. However, this isn’t always the case, says Jacqueline Bokser LeFebvre of Major Lindsey & Africa.
Only a handful of the largest U.S. law firms are led by women. Here, in their own words, are perspectives from Shook Hardy & Bacon Chair Madeleine McDonough, Crowell & Moring Chair Angela Styles, Morgan Lewis & Bockius Chair Jami Wintz McKeon and Goodwin Procter Chair Emeritus Regina Pisa.
Despite more focus and investment, the numbers continue to show little progress in advancing women to the top tiers of firm leadership. Considering the irreversible nature of the transformation of the market for top talent, it is time to start experimenting and innovating from the core, rather than from the periphery, say Anusia Gillespie and Scott Westfahl of Harvard Law School.
It can be challenging for midsize law firms to develop an enterprise cybersecurity program that mitigates the eminent threat of data breach and meets the regulatory and compliance requirements of the firm and its clients. This challenge becomes daunting when considering the steady rise in client audits, say K. Stefan Chin of Peckar & Abramson PC and John Sweeney of Logicforce.
In this interview, legal industry analyst Ari Kaplan discusses the Electronic Discovery Reference Model questionnaire with Justin Hectus, chief information security officer at Keesal Young & Logan, a Pacific Rim-based law firm with a national litigation practice.
In the penultimate installment of this series, Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman of the NYU School of Law Civil Jury Project answer a question on many legal analysts’ minds: What if both sides’ expert witnesses sat in a hot tub discussing the case while a jury watched?
Recently, this publication featured an op-ed in which one law firm partner contended that midsize firms will be the next casualty of the legal market, due to a supposed inability to compete with BigLaw or boutique firms for business. Though we can expect to see Am Law firms continue to lead the market in megadeals and life-or-death litigations, by all indications midsize is on the rise, says Ronald Shechtman of Pryor Cashman LLP.
Outside counsel should be able to articulate why she is proposing an alternative fee arrangement for this matter. If the client has not requested an AFA or the case is unusually difficult to budget with accuracy, this might not be the case to propose an AFA, say attorneys with WilmerHale.
Despite the boom in mobile application development, many lawyers are still reluctant when it comes to using apps in their daily work. Attorney Sean Cleary explores the benefits and shares some recommendations for apps geared toward attorneys.