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The high-volume business and institutional clients at insurance defense law firms are attracting interest from private equity outfits looking for more avenues into the legal sector.
The ceiling on law firm associate billing rates is approaching $2,500 per hour, increasing at a faster pace than partner rates, particularly at the industry's largest law firms, according to a report released Monday by LexisNexis' CounselLink.
Morgan Verkamp LLC and Sparacino PLLC lead this week's edition of Law360 Legal Lions, after the Eleventh Circuit held that the False Claims Act's qui tam provisions do not violate the appointments clause of the U.S. Constitution.
The legal sector saw 600 more jobs in August, growing for the fifth consecutive month, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.
A New Jersey divorcee may once again pursue a legal malpractice claim against a Kirkland & Ellis LLP attorney who she said lost her millions by mishandling estate documents, after the Third Circuit found it could be possible to link her alleged damages to the lawyer's work.
The legal industry kicked off September with a busy week of attorney moves and law firm real estate trends. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Quinn Emanuel Urquhart & Sullivan LLP and McDermott Will & Schulte LLP both recently suffered data breaches, adding to the dozens of cybersecurity incidents law firms in the U.S. have suffered in 2026.
U.S. District Judge Beth Bloom of the Southern District of Florida told Law360 that judges and members of the bar need to educate the public on the judiciary's important role in American democracy to combat increasing threats, speaking following the release of two reports this week that warn of safety concerns for judges and that defiance of court orders is undermining the federal judiciary's independence.
Delaware firm Morris Nichols Arsht & Tunnell LLP announced Thursday that it has extended the lease for its office in downtown Wilmington through 2040.
Lawyers Michael Pierson and Joel M. Ferdinand asked a simple question when they decided to launch their own firm: What would the elite law firm of the future look like?
Ballard Spahr LLP has added an experienced Delaware Chancery Court litigator to its Wilmington office from Greenberg Traurig LLP.
Attorneys have the same obligations to clients with decision-making limitations, should abide by those clients' decisions regarding their representation and must work to maintain an ordinary client-lawyer relationship as much as possible, the American Bar Association said in an opinion released Wednesday.
Law firms are finding new ways to expand their office space, since finding sufficient space is proving to be a challenge in desirable areas such as Manhattan, where the top-tier office market has now fully recovered.
Increased access to social media and personal data via the internet, a larger number of high-profile cases, and inflammatory comments made by politicians have led to a rise in violent threats against judges and concerns about their safety, according to a recently published report.
Legal department hires during the past month included high-profile appointments at Anthropic, Zillow and ConocoPhillips. Here, Law360 Pulse looks at some of the top in-house announcements from August.
Gordon Rees Scully Mansukhani LLP recently promoted more than 70 attorneys to the partnership level in 32 offices around the U.S., a record number of elevations for the firm.
A Delaware vice chancellor has appointed former U.S. Bankruptcy Judge Christopher S. Sontchi as a special magistrate to oversee the wind-down of an oil and gas investment fund at the center of litigation between Elliott Investment Management LP and Stronghold Resource Partners.
Verbal attacks on judges, disinformation about the courts and the defiance of court orders are undermining the independence of the federal judiciary and significantly affecting individual judges' ability to do their jobs, a report out Monday says.
As recruiting at top law firms has become increasingly lucrative amid rising compensation for lateral partners, new players have entered the field of legal recruiting expecting to find easy money, but the reality isn't so simple.
Hinckley Allen's challenge to Rhode Island's "Taylor Swift tax" and Benesch's advising on the acquisition of a Southeast law firm lead this edition of Law360 Pulse's Spotlight on Mid-Law Work, recapping the top matters for Mid-Law firms from Aug. 14 to 28.
Matthew Korn had sought community with fellow lawyer dads, so he started an online forum for attorneys to connect, share resources and, above all, open up about the experience of being both an attorney and a father. Nearly two years later, Dad Esq. is rolling out new local chapters in cities across the country to offer spaces for support and connection.
WilmerHale leads this week's edition of Law360 Legal Lions, after a California federal judge held that the U.S. Department of Defense's designation of Anthropic PBC as a supply chain risk to national security was retaliation for the company's public criticism of the Trump administration.
BakerHostetler has announced the launch of an internal artificial intelligence platform, which debuts with a research tool developed alongside legal technology giant Clio.
A federal judge overseeing several Delaware patent lawsuits brought by Monolithic Power Systems Inc. has decided that he will not step aside despite owning stock in BlackRock Inc., which recently disclosed an ownership stake of more than 10% in Monolithic.
The legal industry is closing out August with fresh insight into law firm performance and a flurry of BigLaw career moves. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
Today's general counsel expect outside lawyers to show interest, relevance and value long before there is a live matter to address, including by engaging with attorneys at every level of the company and dispensing free advice thoughtfully, says Andrew Dick at The L Suite.
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Biz Development Tip Of The Month: Start Early In Your Career
Having the courage to embark on your legal business development strategy early in your career allows you to sooner reap the rewards of a strong network, which in turn can increase the momentum of referrals over the course of your career, says Kristin Housh at Sheppard Mullin.
As the legal profession navigates changes driven by artificial intelligence and broader pressures, leaders should consider behavioral research-backed strategies to translate enthusiasm into tangible results for team performance, say attorneys at King & Spalding.
Though law firms and private equity firms appear to be strange bedfellows, such combinations may offer opportunities for ailing midsize firms — which must be weighed against risks to culture, brand and growth prospects, say directors at FTI Consulting.
This year's Buying Legal Council Conference highlighted three emerging forces in how buyers and sellers operate in the legal ecosystem — artificial intelligence, data and preferred panels — and organizations would be well advised to combine them into an integrated framework for transparency, performance and collaboration, says Matthew Prinn at RFP Advisory Group.
As legal departments face mounting pressure to do more with less, general counsel should lead a structured process for adopting generative artificial intelligence tools to transform productivity, manage risk and align with enterprise priorities, says Maesea McCalpin at Gartner.
Amid law firm layoffs of business development staff, lawyers cannot depend solely on their firms to foster their professional growth, and must instead create their own initiatives for building community, says Lana Manganiello at Practice Growth Partner.
As artificial intelligence changes the dynamic between in-house and outside counsel, both internal and external legal teams must thoughtfully reimagine how to mutually leverage AI tools to collaborate and deliver successful outcomes, say Karineh Khachatourian at KXT Law and Diane Honda at Redis.
Sirisha Gummaregula at QuisLex offers advice on navigating the challenges that come with taking on an in-house counsel role after leaving law firm life, including learning your company's business goals and leading with empathy and collaboration.
As potential clients with legal questions increasingly rely on summaries generated by artificial intelligence, attorneys must rethink their content strategy to make sure AI chatbots and search overviews cite their thought leadership, say Ioana Good and Adrien Maines at Promova and Nancy Myrland at Myrland Marketing.
Complex corporate litigation now often unfolds under the glare of a parallel trial in the court of public opinion, requiring attorneys to adopt a cohesive strategy for legal filings, leadership communications and narrative control, says Monica Smith at Integer PR.
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Biz Development Tip Of The Month: Tailor Your Personal Style
In an industry where competition for clients is fierce, a thoughtful approach to personal style can give you the confidence to walk into any room and own it, the magnetism to make connections that matter, and the tools to highlight your deeper professional values, says Leslie Berkoff at Moritt Hock.
In today’s competitive legal market, successful attorneys treat the pitch process with general counsel like the beginning of a relationship, not a one-off sale — showing up with curiosity, commercial awareness and the ability to engage in a meaningful way from the start, says Andrew Dick at The L Suite.
Instead of lurching between year-end strategic planning season and springtime panic mode, firms need a framework that helps them identify what clients and the market need throughout the year, and then actually adjust course, says Shireen Hilal at Maior Strategic Consulting.
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Legal Tech Talks
Company founders, attorneys and other professionals working in the legal tech space share their journeys into the industry, challenges they face when working with law firms and legal departments, and common misconceptions about technology.