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.
The special master appointed to investigate a $75 million attorneys' fee awarded in a $300 million settlement with State Street Corp. has reached a tentative agreement with the lead class counsel, Labaton Sucharow LLP, and Employee Retirement Income Security Act lawyers involved in the case, according to a filing late Tuesday in Massachusetts federal court.
Just one day after Senate Judiciary Chairman Chuck Grassley, R-Iowa, announced a hearing on the sexual assault allegations against U.S. Supreme Court nominee Judge Brett Kavanaugh, plans for the event appear to be in disarray after Democrats and the judge’s accuser called for a delay.
President Donald Trump’s potential pick for his next White House counsel has been heading up the White House response to the Mueller probe for months, signaling the office could play a larger part in probes into the Trump administration than it did under Don McGahn, who recused himself.
The legal industry has largely overlooked a major factor impacting the well-being of attorneys, according to a new academic paper — science that links various forms of childhood trauma with mental and physical health problems later in life.
World Wrestling Entertainment Inc. on Tuesday appointed a lawyer who has worked for Nestlé Waters North America and PepsiCo as the media company's new general counsel, according to a press release.
Lawyers for former Skadden Arps Slate Meagher & Flom LLP partner Gregory Craig denied Tuesday that he put a controversial report involved in the Paul Manafort prosecution in the hands of U.S. officials.
McDonald's workers in 10 cities called on the company to sever its relationship with management-side law firm Seyfarth Shaw LLP's compliance and consulting arm as they walked off the job on Tuesday as part of an anti-sexual harassment protest organized by wage advocacy group Fight for $15.
The world of legal technology is quickly evolving, with new products coming to market in rapid succession. Here, Law360 takes a look at seven recent developments.
The Senate Judiciary Committee will hold a hearing on sexual assault allegations against D.C. Circuit Judge Brett Kavanaugh, the panel’s chairman said Monday, signaling a delay and possible trouble for the U.S. Supreme Court pick.
A panel of litigation finance experts pushed back Monday against a recent bar opinion that portfolio funding could be unethical and told representatives from the burgeoning industry that they should prepare themselves for some form of enhanced disclosure requirements.
St. Louis-based Armstrong Teasdale LLP is making its first inroad on the East Coast, opening an office in Philadelphia helmed by a former executive chairman of Montgomery McCracken Walker & Rhodes LLP, the firm announced Monday.
Archit Shah earned a degree in computer science and engineering from the Massachusetts Institute of Technology without any idea that he’d later apply to and graduate from Harvard Law School. Now, he draws on both degrees as the general counsel of financial services company Robinhood Markets Inc. Here, Shah explains how he came to realize he wanted to study law and the characteristics he looks for in potential in-house candidates.
Kirkland & Ellis LLP partner and former assistant attorney general Viet D. Dinh has been tapped as the next chief legal and policy officer of the new Fox company that will spin out of Twenty-First Century Fox Inc.’s pending $71.3 billion transaction with The Walt Disney Co.
Polsinelli PC has hired the female employment partner who recently settled a sex discrimination lawsuit against Proskauer Rose LLP, the firm announced late Sunday.
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.
U.S. Supreme Court Justice Sonia Sotomayor stopped in Brooklyn on Friday to discuss her life story with children as part of her second book tour since taking her place on the nation’s highest court, giving them words of wisdom about the law and her time on the bench that attorneys might want to keep in mind as well.
Manatt Phelps & Phillips LLP has cultivated a "good old boys" culture in which male senior attorneys compete to bed female subordinates and leadership systematically suppresses women's pay, according to an EEOC charge from a former Manatt employment partner.
The Seventh Circuit wrestled Friday over whether to reverse a lower court's order that forced Cook County’s court clerk to make electronically filed complaints "immediately and contemporaneously" available to reporters, asking how to define that phrase when the court operates on business hours and the federal appeals system works like Cook County’s with respect to processing documents.
Senate Republicans and the White House pushed back over the weekend on sexual misconduct allegations against U.S. Supreme Court nominee Brett Kavanaugh after Democrats sent a letter detailing an alleged incident from his high school years to the FBI.
In honor of the Emmy Awards, on this week's Pro Say podcast we’re presenting our own honors to celebrate achievements in television that focuses on the law.
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.
Popular culture paints the Hill as a place teeming with intrigue, corruption and malicious intent. But in Congress I learned important lessons about respecting people and the work they do, says former Sen. Norm Coleman, R-Minn., of Hogan Lovells.
I found that senior members of Congress didn’t have time to mentor younger members. Lawyers — though just as busy as members of Congress — cannot afford to follow this model, says former Rep. Charles Gonzalez, D-Texas, of Ogletree Deakins Nash Smoak & Stewart PC.
A Colorado federal judge recently approved a deal in which the University of Denver agreed to institute salary increases and pay $2.66 million to settle an equal pay lawsuit filed by the U.S. Equal Employment Opportunity Commission on behalf of seven female professors. Jacqueline Beaumont of Call & Jensen discusses the most noteworthy aspects of the agreement.
Legal industry compensation practices are once again in the news as BigLaw firms continue to match the new high watermark of $190,000 for first-year associate salaries. The typical model of increasing associate salaries uniformly fails star associates, the firms they work for and, ultimately, the clients they serve, says William Brewer, managing partner of Brewer Attorneys & Counselors.
While some may say it’s ironic, it’s also embarrassing and enraging that the very industry that offers anti-harassment training, policies and counsel now finds itself the subject of #MeToo headlines. The American Bar Association recommendation that will bring about the greatest change is the call to provide alternative methods for reporting violations, says Beth Schroeder, chair of Raines Feldman LLP's labor and employment group.
In a profession notoriously averse to change, it should come as no surprise that there is skepticism about the value of having attorneys perform nonbillable tasks. But U.S. law firms have slowly begun to incorporate knowledge lawyers into their operations — and the trend is likely to continue, says Vanessa Pinto Villa of Hogan Lovells.
For close observers of the Foreign Agents Registration Act, the June 8 release by the U.S. Department of Justice of over 50 FARA advisory opinions was a watershed. These opinions offer an unprecedented glimpse into how the FARA Registration Unit interprets the law, say Brian Fleming and Andrew Herman of Miller & Chevalier Chtd.
The legal industry has already begun to feel the impact of anti-bribery and anti-money laundering requirements. When involved with cryptocurrency trading and remittance, law firms face more than the risk of being perceived as organizations that support money laundering practices, says John Reed Stark of John Reed Stark Consulting LLC.
Law firms are increasingly accepting cryptocurrency as payment for services. While this might seem innovative and forward-thinking, ironically it is much more of a throwback, says John Reed Stark of John Reed Stark Consulting LLC.
I agree with the legal pundits speculating that NewLaw’s present and future disruptors will radically change the legal services industry, but that change may not come quite as rapidly as predicted. Regardless, now is the time for both the incumbents and the challengers to best position themselves for the eventual shakeup, says Craig Levinson, founder of Levity Partners.