Young Attys Want Flexibility, Balance, Managing Partners Say
By Carolina Bolado
Law firms will need to evolve and be flexible in a post-pandemic world to attract young attorneys who are less likely to simply chase the largest paycheck and will instead prioritize work-life balance, remote work options and firms with values that align with their own, according to managing partners gathered at the International Bar Association conference in Miami on Wednesday.
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Voir Dire: Law360 Pulse's Weekly Quiz
By Aebra Coe
The legal news keeps rolling in as we approach Thanksgiving, with two prestigious schools calling it quits on the U.S. News law school ranking this week, a 19-lawyer hire in Salt Lake City by one large law firm, and new data on law firm financial results. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
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Top Firms Make Growth A Priority For 2023
By Xiumei Dong
Law firm leaders are heading into 2023 with caution, anticipating a tighter budget in preparation for a prolonged period of economic challenge, but some BigLaw firms are planning to grow next year, with leaders eyeing opportunities to expand businesses to new locations and add to their attorney headcounts.
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Hinshaw AI Policy Embraces New Tech, With 'Guardrails'
By Emily Sawicki
As generative AI platforms rapidly advance, law firms are hastening to develop policies that address ethical and legal concerns arising from the new technology — including the latest firm to jump into the fray, Hinshaw & Culbertson LLP. Here, Law360 Pulse talks with general counsel Steven Puiszis about Hinshaw's new policy and how it took shape.
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Pennsylvania Powerhouse: Lynch Carpenter
By P.J. D'Annunzio
Lynch Carpenter established itself as one of Pennsylvania's high-performing firms in 2024, from involvement on the plaintiffs' steering committee overseeing the $600 million deal to resolve the East Palestine, Ohio, train derailment litigation, to its assistance in achieving a settlement in CPAP medical device litigation of at least $479 million, as well as several wins in the realm of tuition reimbursement from universities that eliminated in-person learning during the COVID-19 pandemic.
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In-House Teams Using More GenAI And Fewer Law Firms
By Tracey Read
Nearly 60% of general counsel and chief legal officers expect a reduced reliance on outside legal service providers due to generative artificial intelligence — more than double since a 2023 survey showed 25% of respondents would cut the number of law firms they work with in the next year to slash costs, according to data released Monday.
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EXPERT ANALYSIS
What Web3 Means For Lawyers' Ethical Duties
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
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