Everyone knows that lawyer — the one who brings in substantial business while also billing hours, mentoring associates, meeting clients for lunch, taking their kids to soccer practice and training for a marathon. Here, six rainmakers reveal their tricks for making it work.
After a decade of meager growth in corporate legal spending, companies are projected to add almost $2 billion to the amount they spend on outside counsel in 2018, according to a new survey.
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.
Former Manhattan U.S. Attorney Preet Bharara is joining CNN as a contributor, the cable news network said Thursday, one day after the former prosecutor for the first time described in detail his March firing by President Donald Trump.
Anderson Kill PC tops this week's legal lions list with an appeals court win for TransCanada Energy finding its insurers owe the company nearly $58 million in coverage, while Patterson Belknap Webb & Tyler LLP ended up on the legal lambs list after the Second Circuit axed a win it secured for Johnson & Johnson in an advertising feud with Pfizer.
When we started our firm 40 years ago, Frank Ogletree was "the only adult in the room." He was the only one in our group of 16 lawyers who had the maturity and business acumen to start and run a law firm. We described him as a benevolent dictator, which is what we needed at the start, says Homer Deakins of Ogletree Deakins Nash Smoak & Stewart PC
PricewaterhouseCoopers will open a new legal services office in Washington, D.C., this month, marking the accounting giant's latest expansion into the legal market, the firm announced Thursday.
The world of legal technology is quickly evolving, with new products aimed at aiding lawyers coming to market in rapid succession. Here, Law360 takes a look at six recent major developments in legal tech.
In the past year, Dechert has provided Brexit-related advice across a spectrum of practice areas, guided WhiteWave Foods through competition issues pertaining to its acquisition by Danone and defended Ecuador against arbitration brought by a ConocoPhillips subsidiary, again earning it a spot on Law360’s Global 20 list.
Justice Ruth Bader Ginsburg told first-year law students in an address Wednesday that she rode the wave of the women’s movement, which in the 1970s was “coming alive all over the world,” as she solidified her reputation as a successful litigator fighting for women’s rights.
A Texas federal judicial nominee referred to a transgender child as evidence of “Satan’s plan,” defended conversion therapy and compared same-sex marriage to marrying a pet or a tree in a 2015 lecture to a group of pastors, a video unearthed Wednesday shows.
Squire Patton Boggs LLP confirmed on Wednesday that it was joining a flurry of firms raising salaries for their United Kingdom attorneys, boosting salaries for those in London and its regional offices alike.
President Donald Trump’s nominee for the Tenth Circuit faced down questions from a Senate panel on Wednesday ranging from her stance on state power to employment law.
Questions on criminal representation, employment issues and voting maps dominated a Senate Judiciary Committee hearing for four of President Donald Trump's picks for federal judicial vacancies Wednesday, including a pair of BigLaw partners.
Squire Patton Boggs continued to demonstrate the dominance of its global platform in recent months, handling cross-border matters involving hundreds of millions of dollars and nabbing high-profile hires such as former Speaker of the House John Boehner to once again land among Law360’s Global 20.
Hogan Lovells invited 400 of its U.S. business services staff to opt for early retirement Monday and eliminated 90 staff positions from the global law firm’s London office, moving many to low-cost hubs outside the city.
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.
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.
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.
In a recent Law360 guest article, Christopher Bogart of Burford Capital LLC claimed that "while theoretically well designed to find the proverbial needle in a haystack, big data and AI currently lack the ability to do so usefully in a commercial litigation financing context." But AI can manage many of the tasks that litigation financiers would otherwise perform, says Eva Shang, co-founder of Legalist Inc.
The bankruptcy courtroom was filled with interested investors. They hung on every argument and every word of testimony. When Life Partners management argued that the allegedly fraudulent business model worked just fine, they cheered, recalls Joseph Wielebinski of Munsch Hardt Kopf & Harr PC.
Artificial intelligence and machine learning will continue to be a major focus for the legal community, whether as an isolated topic, as it intersects with cybersecurity, or within the legal profession itself. Each of these raises unique concerns for attorneys, says Randy Sabett, vice chair of Cooley LLP's privacy and data protection practice group.