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Delaware Pulse
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DLA Piper, More Boutiques Meet, Exceed Milbank Bonus Scale
Bonus news continued over the holiday week, with several law firms announcing they'll follow or exceed Milbank LLP's lead on 2024 associate bonuses, and others reversing their stance on special bonuses, according to memos shared with Law360 Pulse and media reports.
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After Busy 2024, Law Firms Eye More Mergers In Year Ahead
The popularity of U.S. law firm combinations surged in 2024, with announcements increasing by about a dozen year-over-year and approaching historic heights, according to data collected by Law360 Pulse, but law firm merger consultants say a robust pipeline of deal talks could mean a busier 2025.
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Chancery's Glasscock Slams Attacks On Judges As Exit Nears
As he prepared to end his lengthy tenure on the Delaware Chancery Court bench, Vice Chancellor Sam Glasscock III told Law360 Pulse recently it had been a joy to serve, while also expressing concern about an increasingly difficult environment judges have to navigate.
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Here's Where Mid-Law Leaders Will Be Focused In 2025
Mid-Law leaders entering 2025 say that they are optimistic about the new year but also focused on potential challenges, such as the rise of generative artificial intelligence tools, succession planning and ensuring that any growth they are experiencing is sustainable.
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Fed. Court Reforms Face Long Odds Amid GOP Control In '25
Some modest reforms to the federal courts may be enacted in the coming years, but major changes championed by Democrats and judicial reform activists are likely "dead in the water" now that Republicans will be controlling Congress and the White House in 2025, reform advocates say.
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Lit Finance Enters '25 On Solid Ground Amid Disclosure Push
The $15 billion U.S. litigation finance industry has come a long way in recent years, but demands for more transparency from pro-business groups and the defense bar could present a significant challenge in the year ahead.
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The Biggest Cases At State Supreme Courts In 2025
Abortion access, education funding and mandatory prison sentences are among the high-profile issues on state supreme courts' dockets in 2025, as attorneys and activists increasingly turn away from the U.S. Supreme Court and instead look to the states to protect certain constitutional rights, experts say.
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These Issues Will Be Top Of Mind For Small Firms In '25
As the calendar turns from 2024 to 2025, small-firm attorneys and solo practitioners across the U.S. are facing a constellation of new and old issues, from dealing with new regulations to confronting the longstanding challenges of keeping a small business alive.
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What Del. Legal Leaders Are Thinking About Heading Into '25
Figuring out how to best use generative artificial intelligence tools in the practice of law, attracting and retaining talent in a competitive legal market, maintaining Delaware's place in the corporate law space, the state of the economy, and the incoming presidential administration are among issues Delaware legal leaders are focused on as 2025 kicks off.
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Trump Begins 2nd Term With At Least 45 Judge Seats To Fill
Incoming President Donald Trump will take office Jan. 20 with 45 seats on the federal bench to fill. Currently, there are 39 empty seats on U.S. district and circuit courts and 6 pending vacancies due to announced retirements and plans to take senior status, three of which opened on Dec. 31 and another that opened Jan. 2.
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Legal Ethics Matters To Watch In 2025
After an eventful 2024, industry experts are looking ahead to what might be the big topics in legal ethics in the new year, including the ethics implications of artificial intelligence and ethics opinions that may be relevant to attorneys in the incoming second Trump administration.
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What's Keeping Law Firm Leaders Up At Night In 2025
Law firms have experienced rapid change and growth in recent years, and 2025 will likely be no different. Firm leaders told Law360 Pulse they are bracing to respond quickly to a number of different opportunities likely to arise in the new year.
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Biden Vetoes Bill To Add New Judgeships
President Joe Biden vetoed a bill Monday that would have added more federal judgeships, despite the judiciary's plea that more seats on the bench are needed desperately.
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Public Faith In State Courts Up As Trust In Fed. Courts Sinks
Public confidence in state courts seems to be rising at the same time that trust in the federal courts and overall judicial system is plummeting, according to recent surveys that paint drastically divergent pictures of people's faith in state and national judicial systems.
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Alston & Bird, Arnold & Porter Unveil Associate Bonuses
Arnold & Porter Kaye Scholer LLP and Alston & Bird LLP told associates Monday they'd be receiving year-end bonuses that meet the prevailing scale for large law firms set by Milbank LLP in November — as long as they meet certain billable hours requirements, according to media reports.
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Lessons In 'Value-Centered Lawyering' From Atty Turned Prof
Katya Cronin, a professor at George Washington University Law School and former BigLaw attorney, argued in a recent academic paper that law schools need to do more to encourage students to examine their personal values and pursue legal careers in line with them.
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What 2024 Looked Like For 4 Small Firms
A lot can happen in a year for small firms. Law360 Pulse caught up with four, some just getting started and others with long legacies, to talk about what their 2024 looked like.
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How DC Students Help Blank Rome Spread Holiday Cheer
In a tradition stretching back just over a quarter century, Blank Rome LLP taps into the Washington, D.C., community by hosting a competition for students at a local arts-focused high school to submit designs for the annual holiday card sent out to the firm’s thousands of clients.
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3 Ways Associates Can Survive An Average Annual Review
You're a rock star associate in your fourth or fifth year trying to make partner, and you just got an average review after previously receiving high marks. Although it's tempting to panic, experts say it's possible to come back after such setbacks by being proactive.
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Approach The Bench: What Judges Had To Say This Year
Jurists weighed the benefits of partisan elections, praised innovations in telehearings and worried about the future of the profession in nearly a dozen interviews with Law360 this year.
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Reed Smith Financial Pro Jumps To Eckert Seamans As CFO
Eckert Seamans Cherin & Mellott LLC announced Friday it has hired Reed Smith's global director of financial intelligence as its firmwide chief financial officer.
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How Law Firms Are Reinvesting 2024's Near-Record Profits
U.S. law firms are set to close out 2024 with near-record increases in revenue and profits, according to industry surveys. Here, a look at how seven law firm leaders are planning to reinvest the windfall.
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How Lawyers May Sue The Trump Administration … Again
During the last Trump administration, BigLaw firms challenged White House policies, focusing on immigration, environmental regulations and healthcare. This time around, attorneys could rely on old tools, and some new tactics, to stall the executive branch.
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Law360's Legal Lions Of The Week
This week's Legal Lions leader comes from the public sector, as federal prosecutors secured a $650 million settlement from McKinsey & Co. to resolve a lawsuit over the consulting giant's role in Purdue Pharma's promotion of OxyContin.
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Voir Dire: Law360 Pulse's Weekly Quiz
This was another action-packed week for the legal industry as law firms announced large associate bonuses, opened up new offices, and made notable hires. Test your legal news savvy here with Law360 Pulse's weekly quiz.