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Total funding for legal technology companies increased in the first half of 2026 while deal count fell, suggesting that investors are deploying more capital into fewer companies as artificial intelligence becomes more embedded in the industry.
Lateral hiring at large U.S. law firms slowed in the second quarter of 2026 after a strong start to the year, with associate and counsel moves declining while partner hiring remained relatively steady, according to figures from legal data company Firm Prospects LLC.
The Delaware Supreme Court on Friday erased a $16 million fee award stemming from a dispute over a fund manager's handling of a failed $50 million SpaceX investment, concluding that although the fund manager committed a limited breach of a "duty of candor," shifting all litigation expenses to him was unwarranted.
Greene Broillet & Wheeler LLP and Ludd & Ludd lead this week's edition of Law360 Legal Lions, after a San Diego jury ordered Hyatt to pay $15.5 million over the death of a guest who was left uncontacted for a day after failing to check out.
Reed Smith LLP has created a department to bring lawyers, e-discovery and AI professionals and others to support clients and the firm with legal, business and technology-focused guidance, and tapped a partner in Philadelphia to spearhead the effort.
The legal industry had another busy week as BigLaw firms expanded headcounts and practices. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
Hundreds of law firms say they are increasingly losing clients and cite problems delivering their legal services as the top reason for the attrition, according to a report released Thursday.
Weir LLP and Prickett Jones & Elliott PA attorneys with experience handling corporate and shareholder disputes involving companies such as Insys Therapeutics and Tesla are set to bring before Delaware's justices next week a damages fight stemming from a case involving ownership interests in a venture focused on investment opportunities for foreign nationals.
Offit Kurman has added the former leader of Gordon Rees Scully Mansukhani LLP's Delaware office to bolster its capacity to advise clients in various types of corporate disputes, including those involving poultry companies.
While general legal artificial intelligence assistants like Harvey and Legora dominate headlines, law firms are increasingly betting on practice-specific AI platforms designed for particular legal tasks.
The Delaware vice chancellor presiding over litigation regarding a $570 million payout to Apollo Global Management Inc. insiders has disqualified herself from the case after a possible conflict of interest arose due to her former role as an attorney with Skadden Arps Slate Meagher & Flom LLP, which was involved in a merger with ties to the payout.
It is exceedingly rare when in-house counsel snitch on their own company. But when they do, in-house whistleblowers often suffer severe consequences.
Young lawyers continue to be very mobile, with roughly two-thirds of new graduates saying they have already held two or more jobs in a report released Tuesday by the National Association for Law Placement, which also found high levels of job satisfaction and large but decreasing amounts of law school debt.
A lot has changed in BigLaw recruiting as firm leaders increasingly look strategically to partner hires to add revenue. For instance, the summer lull in hiring is gone, top recruiters say.
Barnes & Thornburg LLP has hired the former chief operating officer from Dentons, who has taken over in that position for the firm in Washington, D.C., according to a Monday announcement.
An attorney with Blank Rome LLP was tricked into uploading sensitive files to an external Google Drive account, allegedly exposing private information belonging to more than 57,000 individuals, according to a proposed class action accusing the law firm of inadequate cybersecurity safeguards and delayed breach notification.
Richards Layton & Finger PA and one of its attorneys have been directed by the Delaware Court of Chancery to show why they should not be sanctioned for a brief submitted with "hallucinated legal propositions" generated by artificial intelligence and for not taking steps to remediate those errors.
This U.S. Supreme Court term featured high-stakes oral arguments on issues including presidential power, immigration and voting regulations. Here's a look at the law firms that argued the most cases and how they fared.
The U.S. Supreme Court's stark ideological divisions were on full display this term, particularly as it issued long-awaited rulings in the last few days of June. Here, Law360 dives into the numbers behind this court term.
The American Civil Liberties Union Foundation, the Asian Law Caucus and the Democracy Defenders Fund lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court rejected President Donald Trump's bid to limit birthright citizenship.
Mid-Law firms have enjoyed strong demand and revenues in the first half of 2026, but concerns about a possible economic downturn, industry consolidation and the potential effect of artificial intelligence have those in the industry questioning if the second half of the year will look the same.
The legal industry began the second half of 2026 with another busy week as BigLaw firms merged and expanded their practice offerings. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Delaware-based Richards Layton & Finger has announced that three of its attorneys were elected to serve as directors of the firm and three others were elevated to counsel.
Paul Weiss Rifkind Wharton & Garrison LLP has brought on a prominent corporate attorney who was at Delaware firm Richards Layton & Finger PA for about 20 years and has handled high-profile Chancery Court litigation involving companies such as Oracle, Boeing and Paramount.
The legal sector added 5,100 jobs in June, the largest increase the industry has seen in more than two years, according to preliminary, seasonally adjusted data released by the U.S. Bureau of Labor Statistics on Thursday.
As artificial intelligence tools become increasingly adept at handling entry-level legal tasks, firms and organizations must consider new ways to train and mentor junior attorneys to prepare them for leadership in an AI-integrated profession, say attorneys at KXT Law.
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Biz Development Tip Of The Month: Embrace LinkedIn
Attorneys who recognize LinkedIn as a powerful professional platform can gain significant competitive advantages in business development via strategic content creation, meaningful industry discussions and consistent visibility within target markets, says Agatha Mouillet at Horvitz & Levy.
As law firms and in-house legal departments grapple with the uncertainty of evolving tariff policies, attorneys at all career stages should consider how to lean into these shifts to best position themselves for long-term opportunities, says Rena Barnett-Matthews at Attorney Career Coach.
Many law firms are familiar with the need for attorney succession plans, but it’s also essential to plan for the succession of administrative professionals — from human resources personnel to finance leaders — to ensure continuity of critical day-to-day operations, say Eryn Carter and Travis Armstrong at the Association of Legal Administrators.
Series
Expanding The Reach Of A Legal Nonprofit
I co-founded the Legal Mentor Network with the goal of providing free legal mentoring to law students and early career attorneys, and the experience has highlighted how nonprofits can grow with the help of strong sponsorships and volunteers who all operate from a positive place, says Chrystal Mauro at the Legal Mentor Network.
The ever-earlier recruiting of summer associates sets high stakes before new law students may even realize, but 1Ls can better land a good 2L summer fit if they hit their first semester focused on the hiring timeline and ready to ask important questions about their would-be firms, says Kate Reder Sheikh at Major Lindsey.
In the face of sustained regulatory and economic uncertainty, general counsel can help businesses move from reactive to proactive management by building a clear, cross-functional geopolitical command center that monitors and coordinates responses to a wide spectrum of issues, says Lars Faeste at FTI Consulting.
Leaving an established law firm to start a boutique business of your own requires not only vision and resilience but also a solid business plan to help mitigate risks and increase your chances of unparalleled personal and professional success, says Rebecca Palmer at the Rebecca L. Palmer Law Group.
The legal profession has a critical role to play in reducing attrition of women lawyers by addressing the disproportionate burden of the mental load — the often-unseen work of managing tasks and anticipating needs in both personal and professional realms, says Michelle Browning-Coughlin at Northern Kentucky University’s Chase College of Law.
To help ensure new partners and practice groups are successfully integrated, firms should embrace specific structured practices that recognize each lateral's distinct value, personalize their integration plans and proactively address transition complexities long after onboarding ends, say Elizabeth Kennedy at NewEdge BD and Erika Steinberg at CMO2Go.
By recalibrating how they structure and communicate their inclusion efforts, law firms can reduce legal exposure and preserve their values, says Angela Vallot at VallotKarp Consulting.
As the legal industry faces political turmoil and economic uncertainty, the time is ripe for firms to revisit their strategic plans, ensuring they contain a few essential elements — from accountability systems to broad-based input — to achieve sustainable growth and profitability, says Joe Calve at Calve Communications.
As fluency in artificial intelligence becomes a competitive imperative in the legal industry, the next generation of rainmakers likely won’t be defined by their Rolodexes or club memberships, but by their ability to leverage AI business development tools effectively, says Jessica Aries at By Aries.
Law students can use artificial intelligence tools strategically throughout the job application process to review materials, prepare for interviews and navigate employers’ use of similar tools, but there are several key missteps they should be careful to avoid, says Lauren Wong at University of San Diego School of Law.
Before landing a published quote, feature or interview, law firms should articulate the content’s purpose and develop a strategic plan for repurposing it to ensure they’re aligning public relations efforts with measurable business outcomes, says John Hellerman at Hellerman Communications.