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.
The Bermuda office affiliated with Sedgwick LLP has severed ties with the firm and allied with Kennedys, marking the latest departure of senior-level insurance talent from the troubled Sedgwick.
On the latest episode of Law360's Pro Say podcast, we discuss the NFL's recent legal challenges, the Supreme Court agreeing to hear cases about data privacy and competition among credit cards, the conviction of an auto racer and his attorney for a huge payday loan scheme, and a catfishing con artist that duped several firms.
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.
Applicants can expect more and more law schools to embrace the Graduate Record Examination, as schools are driven by the downturn in law school applications, long-standing frustrations with the Law School Admissions Test and the American Bar Association's slowness to adjust its standard, which has enshrined the LSAT for decades.
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 seven major recent developments in legal tech.
A panel of experts addressed the Association of Corporate Counsel's annual meeting about ways GCs should prepare for cybersecurity threats, LGBT organizations sent a letter to members of the U.S. Senate demanding the withdrawal of one of President Donald Trump's federal judicial nominees, and nearly two dozen states sued the Trump administration over Obamacare subsidies. These are some of the top stories in corporate legal news you may have missed last week.
The D.C. Circuit will livestream oral arguments Friday for the first time in over a decade after Chief Judge Merrick Garland granted a request from a judicial transparency group in a case over an immigrant teen seeking an abortion, the group’s director said Thursday.
McDermott Will & Emery, Wilson Sonsini and Morris Nichols snagged the title of top legal lions this week after a jury cleared their client Plantronics in a $600 million antitrust trial, while attorneys at Fish & Richardson and Ward Smith & Hill were among the legal lambs after a judge ruled against their client Allergan, finding patents covering its dry-eye drug Restasis invalid.
A group of 36 LGBT organizations have sent a letter to members of the U.S. Senate demanding the withdrawal of one of President Donald Trump's federal judicial nominees, who currently serves as Texas' first assistant attorney general, telling legislators his “hateful” rhetoric should disqualify him.
Elite law firms often value traits that have nothing to do with a lawyer’s competence and instead relate to their ability to fit in at the firm. Here are three ways cultural fit can sabotage law firm diversity.
Former Seventh Circuit Judge Richard Posner, who complained after his retirement last month that his colleagues were mistreating litigants who represent themselves, asked the Fourth Circuit on Wednesday to allow him to appear as "advisory counsel" for a pro se filer.
The California Supreme Court announced Wednesday it will not lower the score required to pass the state’s bar exam, the second highest in the nation, while asking the state bar and law schools to investigate the factors behind a recent drop in pass rates.
Law firms are offering better compensation and more attractive perks to their attorneys, but it hasn’t managed to quell the trend of lawyers leaving in droves from small and midsize firms, according to a new survey.
Gender equality in public and political offices still leaves a lot to be desired in nearly four dozen European countries, according to a Tuesday report from the Council of Europe.
From interviewing candidates for an open role to terminating an existing employee's time with the company, new in-house counsel may face employment-related issues on a daily basis. Here, Law360 examines three of those situations.
A Second Circuit panel on Wednesday torpedoed a former Faruqi & Faruqi LLP partner’s bid for a cut of $4 million the firm had earned on a settlement for a client she'd brought in, ruling that a New York federal judge hadn’t erred in concluding her oral compensation agreement with the firm wasn’t enforceable under state law.
A law firm fighting to get a judge disqualified for being Facebook friends with opposing counsel asked the Florida Supreme Court on Tuesday to take up its appeal of a decision ruling that the online relationship is not automatically disqualifying.
Two former Dewey & LeBoeuf LLP support pros who admitted to misdemeanor offenses and testified against the fallen firm's three top ex-executives were freed from the BigLaw criminal saga Tuesday by a New York state judge, who credited their cooperation.
A recent U.S. Supreme Court decision giving a Louisiana death row inmate his best chance yet for a new trial over a notorious triple murder in New Orleans came thanks to pro bono arguments from a team with the Ethics Bureau at Yale Law School, which zeroed in on the trial judge's still-unexplained connection to a gun in the case.
Chadbourne & Parke LLP must turn over an array of evidence to female attorneys suing it for gender discrimination that details its compensation-setting process for partners and their level of influence on the firm's management, a New York federal judge ruled Monday.
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.
While the cybersecurity attestation framework from the American Institute of Certified Public Accountants is still in its adoption phase, it likely will open new ways for law firms across the U.S. to deal with cybersecurity questions, says Christian Leitner of OUM & Co. LLP.
Today's law firm chief financial officer should be involved in many areas beyond traditional financial management, including operations, risk management and information technology. He or she can support strategic planning throughout the process, from development of the plan to its implementation, measurement and eventual evolution, say Tyler Quinn and Marc Feigelson of Kaufman Rossin PA.
Clients are beginning to expect and demand that their external lawyers provide advice tailored to the client's industry. Aside from this, law firms should want to move toward a sector approach because industry-focused groups are a natural place for cross-practice collaboration to flourish, say Heidi Gardner and Anusia Gillespie of Harvard Law School.
In their new book, "The Judge: 26 Machiavellian Lessons," do Ronald Collins and David Skover prove their thesis that hypocrisy is the key to judicial greatness? Some of the examples they present are hard to dispute, says Judge Alex Kozinski of the Ninth Circuit.
I argued my first case before the U.S. Supreme Court in 2013. It was my birthday. And I must say, the experience set the bar pretty high for future birthdays, says Catherine Carroll of WilmerHale.
Financial Crisis Anniversary
After nearly a decade of recession-accelerated change in the legal industry, “merit-based” compensation has largely come to mean measuring attorney success using some combination of origination and working attorney hours metrics. However, there are signs that the real impact of the recession is still around the corner, and that building a book isn’t enough, says Peter Zeughauser of Zeughauser Group.
While it lends more than $100 million each year to our nation’s college students — including law students — the U.S. Department of Education surprisingly limits loan counseling to one-time entrance counseling for first-time student borrowers. Is this rational? asks Christopher Chapman, president of AccessLex Institute, a nonprofit focused on access to legal education.
Critics of legal tech companies will often say, “Trust a reputable attorney that understands you, your situation and the law.” As an attorney, I wholeheartedly agree. But from the consumer’s perspective, the message seems out of touch with the digital age, says Jeff Unger, founder of the law firm eMinutes.
The shift to electronic filing has somewhat eased the task of reviewing briefs and their supporting files. An e-brief takes e-filing to the next level, says Christine Falcicchio, a principal at Strut Legal Inc.
When I graduated from law school, I landed at an old-line firm in the Golden Triangle of Texas. Two significant things happened to me around that time. One pertained to learning to listen, and the other pertained to refusing to participate in what I heard, says Marcy Rothman of Kane Russell Coleman Logan PC.