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A Simpson Thacher & Bartlett LLP partner wrapped up her testimony Monday in a Florida state malpractice trial brought by the founder of Patriot National Inc., telling the jury that the founder was willing to forgo establishing a floor on the value of so-called Series B warrants, which he says contributed to the company's demise.
Just over a year after launching in Miami, Cole Schotz PC said Monday that it has opened a new, 6,100-square-foot office that will nearly triple the firm's capacity in the city.
A Florida federal magistrate judge has recommended that a defamation claim against a Baker Botts LLP patent attorney be tossed, saying an inventor hasn't shown that the lawyer's comments to a reporter at issue in the case were defamatory.
Milbank LLP is continuing to lead the way on bonuses, confirming Monday it has issued a round of special bonuses ranging from $6,000 for the class of 2026 and 2025 associates to $25,000 for the class of 2021 associates and beyond.
BigLaw firms are expanding artificial intelligence-focused roles from the C-suite to associate and partner levels.
A Florida appeals court has concluded that while a man's sexual battery conviction should remain in place, the state's highest court should determine whether the Florida Constitution allows attorney-client conversations during a recess when barred by a trial judge.
Another Simpson Thacher & Bartlett LLP attorney took the stand Friday in a Florida malpractice trial brought by the founder of Patriot National Inc. to push back on the idea the founder was actually a client of the firm in the time leading up to his insurance services company declaring bankruptcy.
A former candidate for Florida's Twentieth Judicial Circuit state attorney is seeking attorney fees, damages and costs from the Florida Bar under the state's anti-SLAPP statute after the state Supreme Court cleared him of wrongdoing in a bar complaint.
A disciplinary file was opened recently on one of the attorneys representing President Donald Trump who helped him reach a deal with the Internal Revenue Service to settle a lawsuit that a Florida federal judge said was meant to "manipulate the judicial process."
Large law firms have grown their non-equity partner tiers at a relatively rapid clip in recent years, with some implementing the position for the first time. For many firms, that means hard decisions around how they will trim the ranks and remain profitable are on the horizon.
Sullivan & Cromwell LLP and McGuireWoods LLP lead this week's edition of Law360 Legal Lions, after the Fourth Circuit reversed class certification in an investor lawsuit against Boeing over the company's alleged concealment of safety issues with its 737 Max fleet.
The legal industry marked another busy week with new insight into law school grads and expanded BigLaw firm offerings. Test your legal news savvy here with Law360 Pulse's weekly quiz.
The Florida Supreme Court decided Thursday that a public reprimand for a Florida state judge who made a series of demeaning remarks, including questioning whether a Black defendant had "chopped cotton," was not the appropriate discipline.
A retired Simpson Thacher & Bartlett LLP partner who handled the fundraising vehicle alleged to have destroyed Patriot National Inc. told a Florida jury Thursday that he flagged deal terms that later became detrimental to the insurance services company.
Former McGuireWoods LLP Chairman Robert L. Burrus, who helped expand the firm's global footprint and launch its government relations arm, is being remembered as a fair, kind and brilliant leader whose recent death leaves a long-lasting legacy at the firm and his alma mater, the University of Richmond.
Meland Budwick PA has bolstered its real estate and corporate group in Miami with the addition of a partner from Cozen O'Connor.
Attorneys representing the government could face "more demanding" obligations to disclose misconduct by people within their client organizations than attorneys representing private entities, according to an ethics opinion issued Wednesday by the American Bar Association.
A retired Simpson Thacher & Bartlett LLP partner who handled the fundraising round alleged to have destroyed Patriot National Inc. testified in a Florida state malpractice trial Wednesday that the insurance services company waved off his attempt to present details to the board.
Burr & Forman LLP announced Wednesday that it has grown its real estate capabilities in Tampa, Florida, with the addition of a partner from Byrd Campbell PA.
Nearly 12% of the class of 2024 have already left their first jobs at the top 50 firms, and Kirkland & Ellis LLP has taken in the most first-year laterals, according to new statistics from legal data company Firm Prospects LLC.
A real estate firm is accusing Holland & Knight LLP and three attorneys of malpractice in a new complaint filed in Florida state court and is seeking up to $1.2 billion in damages after more than 30 states opened investigations into the company's practices.
The former chief financial officer of Patriot National Inc. testified to a Florida jury on Tuesday that "chaos" broke loose as funds that Simpson Thacher helped steward for the insurance services company hit public markets and executives found out that its terms differed from their understanding of them.
The former director of the U.S. Securities and Exchange Commission's Miami regional office has joined the ranks of white collar criminal defense and litigation law firm Fridman Fels & Soto PLLC.
U.S. business interests are turning to state legislatures to stymie litigation funders after a string of failed efforts in Congress, fueling a flurry of recent legislation that could shape the future of the multibillion-dollar industry.
Shutts & Bowen LLP has grown its real estate capabilities with a new partner in Orlando, Florida, from Nelson Mullins Riley & Scarborough LLP.
Artificial intelligence is already woven into everyday work for attorneys, so beyond questioning whether AI was used and approving such tools, legal leaders need to create a shared foundation for what good AI use looks like on their team, says Alex Denniston at Factor.
A company's contracts contain final, negotiated commercial commitments that reveal important growth, revenue and strategy insights, but for organizations that aren’t making two key structural changes, the information tends to remain within the legal department — untranslated and unused, says Shimane Smith at NerdWallet.
The U.K. offers 14 years' worth of data on private equity's involvement in the legal market, demonstrating for U.S. firms what worked, what didn’t and why, and illustrating several lessons about operational readiness, cultural fit and timing, says Tom Lenfestey at The Law Practice Exchange.
When firms attempt to deliberately organize their expertise, client relationships, business development, and thought leadership around specific industry verticals – sometimes called industry sector programs – several missteps commonly arise, but with discipline and alignment any firm can successfully grab market share, say Heidi Gardner at Harvard Law School and David Harvey at Harvey Global Consulting.
Firms of all sizes are accelerating lateral hiring of experienced partners because investing in senior expertise can pay off big — but for such an investment to work, firms need a disciplined strategy for vetting candidates, supporting their integration, and ensuring they'll generate real returns, says Shireen Hilal at Maior Strategic Consulting.
Similar to the way the transfer portal changed how many NCAA men’s basketball teams are built, artificial intelligence use in the legal industry is changing BigLaw’s lateral hiring market and creating a field where midmarket firms that develop their talent will hold an edge in the legal profession's next era, says Michael Ott at Ice Miller.
While wellness programs, flexible schedules and mental health resources are meaningful steps toward addressing burnout in the legal industry, a more effective approach must involve a redesign of law firm incentive structures, says retired attorney Jason Ward.
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Biz Development Tip Of The Month: Be An Industry Expert
Although taking the time to fully invest in a client and its industry is a big ask, it is well worth it for attorneys to understand the pressures, trends and constraints of a client's industry in order to build enduring business relationships, says Nonnie Shivers at Ogletree.
Sylvie Rodrigue at Torys discusses why authenticity is essential to women's career growth, why burnout is not the result of a lack of resilience, how the legal industry can better support women's mental health needs, and how firms can address gender gaps in senior roles.
Outside counsel’s lateral career moves can create uncertainty and disruption for companies, but if managed strategically, in-house legal teams can leverage partner mobility for more complete service, better pricing and stronger relationships with their law firms, says Theodore Edelman at GCE Advisors.
Perceived efficiency gains from artificial intelligence can create unsustainable workload expectations for in-house legal departments, so general counsel must proactively educate executives, reframe assumptions and tie legal judgment to business outcomes, say Karineh Khachatourian at KXT Law and Catie Cambridge at Docsum.
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Notes From A Partner-In-Charge On Lateral Hiring Strategy
In regional recruiting, firms that stand out to laterals can articulate a clear vision that connects local insight with global opportunity, demonstrate a culture that is lived rather than stated, and offer genuine room for growth, says Jason Novak, leader of Norton Rose's San Francisco office.
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Biz Development Tip Of The Month: Team Up With Marketing
There are several ways attorneys can engage with resources already at their fingertips in the form of their in-house law firm marketing departments, which can help you gain some visibility, earn kudos and build a solid book of business, say Ada Kase and Liz Lindley at Jaffe PR.
Attributing lawyers’ sense of unease with business development to self-doubt or weakness may misidentify an important source of discomfort — a keen intuition that an ask isn’t yet appropriate for the relationship — and lead to advice that ultimately backfires, says Paul Manuele at PR Manuele Consulting.
Maggie Potter at Segal McCambridge offers advice for associates who receive unproductive criticism from superiors and tips for gently pushing back with an eye to growth and efficiency.