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Shifting sentiments around what law students value in summer associate programs are driving changes in which law firms win out in today’s competitive environment for talent, with a new Law360 Pulse survey highlighting the value of factors like remote work options, diversity and work-life balance.
Where do law students dream of working this summer? What practice areas are they looking to specialize in? What are your firm's top schools for summer associateships? Explore the ins and outs of the summer associate bidding and firm selection process with our interactive graphic.
For most law students, paychecks for summer programs are widely seen as at least adequate; for some, they're transformative. Law360 Pulse dives into how much firms are paying their summers and what a big paycheck can mean to the cohort.
Both law firms and law students are embracing summer associate programs' return to in-person formats, though firms are also offering associates more flexibility as the industry increasingly becomes accustomed to hybrid work more than two years into the pandemic, Law360 Pulse has found.
Law360 Pulse asked prospective summer associates about how their top-choice firms distinguished themselves and what backup plans they have in place. Here's what they said.
A quintet of publicly traded legal technology companies reported earnings this week, which offered some insights about the state of the legal industry.
Nearly 2,500 attendees gathered at CLOC Global Institute’s annual conference in Las Vegas to gain insight from industry leaders on how to improve their legal departments and operations. Here are three takeaways from the three-day event.
The head of the U.S. Securities and Exchange Commission's enforcement department says defense counsel are "too often" to blame for investigatory delays, suggesting that the attorneys, including agency alumni, sometimes purposely blow deadlines or furnish unnecessary paperwork.
Cannabis company TerrAscend Corp. announced that it has named a former Thacher Proffitt & Wood LLP and Holland & Knight LLP associate as its new chief legal officer and corporate secretary.
Women continue to make gender diversity progress in the legal profession, with females making up nearly half of all new general counsel hires at major companies in 2021. And a federal judge said Elon Musk's tweet about getting funding to take Tesla private was inaccurate and reckless, even as Musk added a new tweet about possibly pausing his purchase to buy Twitter.
The legal industry had a busy week, from a law firm merger to a substantial funding infusion for a legal tech company to new associate raises. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
A push to reform U.S. Supreme Court ethics and recusal standards earned a significant win Wednesday as the House Judiciary Committee advanced legislation that would require the justices to adopt an ethics code, but opposition from Republicans suggests the bill faces a steep climb through Congress.
Startup Vesttoo, a fintech platform for insurance-linked investments, said Thursday it has hired a chief legal officer and deputy CLO and both will remain based in New York.
Citigroup Inc. confirmed Thursday that the bank has promoted Tom Anderson to be its top compliance official, a move that comes as his predecessor Mary McNiff steps away from the role following a $400 million 2020 settlement with U.S. financial regulators.
For attorneys of Arab, Middle Eastern and North African heritage, the legal industry has seen a shakeup in the past 20 years. While their numbers are still low, new faces are streaming into the profession and slowly but surely building community together, attorneys tell Law360.
A House panel has advanced legislation that would require the U.S. Supreme Court to adopt a binding ethics code and creates new recusal and disclosure standards for the nine justices amid increased scrutiny in the wake of recent high-profile revelations.
Crypto exchanges FTX US and Binance were among a trio of fintech firms that announced compliance-related hires Wednesday, with the latter company appointing a former deputy U.S. attorney in California to help oversee its legal department and global compliance.
Three new officials will join President Joe Biden's newly formed Office of the National Cyber Director, the administration has announced.
Corporations can leverage their law departments and legal operations professionals to advance their societal initiatives like reducing environmental impact and increasing diversity. Here, corporate advisers share four ways businesses can use their legal professionals to drive their broader goals.
Willkie Farr & Gallagher LLP has added a private equity attorney in Houston who had been working as a self-employed general counsel, the firm announced Monday.
Faegre Drinker Biddle & Reath LLP has added a former pension fund chief legal officer and Reinhart Boerner Van Deuren SC shareholder as a partner in its investment management practice in Minneapolis.
No-code contract management platform Evisort said Wednesday that it has secured $100 million in series C funding for product development, global expansion and improved user experience, raising the company's total financing to approximately $155 million.
Law firm Mayer Brown LLP, alternative legal service provider Factor and technology company Acadia introduced a new tech-based service Wednesday to simplify derivatives compliance.
A former Google and Hewlett-Packard attorney is now the legal chief at Web3 Foundation, which funds research and development teams to support what some consider to be the next version of the internet.
Technology has changed the legal industry and made old ways of doing business obsolete. Here, legal operations veterans share three ways that law departments can brace their operations for the future.
There are major differences between BigLaw and Mid-Law summer associate programs, and each approach can learn something from the other in terms of structure and scheduling, the on-the-job learning opportunities provided, and the social experiences offered, says Anna Tison at Brooks Pierce.
David Kouba at Arnold & Porter discusses how attorneys can prioritize mental health leave and vacation despite work-related barriers to taking time off.
The traditional structure of law firms, with their compartmentalization into silos, is an inherent challenge to mental wellness, so partners and senior lawyers should take steps to construct and disseminate internal action plans and encourage open dialogue, says Elizabeth Ortega at ECO Strategic Communications.
The key to trial advocacy is persuasion, but current training programs focus almost entirely on technique, making it imperative that lawyers are taught to be effective storytellers and to connect with their audiences, says Chris Arledge at Ellis George.
Female attorneys in leadership roles inspire other women to pursue similar opportunities in a male-dominated field, and for those who aspire to lead, prioritizing collaboration, inclusivity and integrity is key, says Kim Yelkin at Foley & Lardner.
Former Assistant U.S. Attorney Moira Penza, now at Wilkinson Stekloff, recalls the challenges of her first case as a civil defense attorney — a multibillion-dollar multidistrict class action against Allergan — and the lessons she learned about building rapport in the courtroom and with co-counsel.
Most legal professionals lack understanding of the macroeconomic trends unique to the legal industry, like the rising cost of law school and legal services, which contributes to an unfair and inaccessible justice system, so law school courses and continuing legal education requirements in this area are essential, says Bob Glaves at the Chicago Bar Foundation.
While the American Bar Association's recent amendments to its law school accreditation standards around student well-being could have gone further, legal industry employers have much to learn from the ABA's move and the well-being movement that continues to gain traction in law schools, says David Jaffe at the American University Washington College of Law.
Tim Parilla at LinkSquares explains how new in-house lawyers can start developing relationships with colleagues both within and outside their legal departments in order to expand their networks, build their brands and carve their paths to leadership positions.
Piper Hoffman and Will Lowrey at Animal Outlook lay out suggestions for attorneys to maximize the value of their pro bono efforts, from crafting engagement letters to balancing workloads — and they explain how these principles can foster a more rewarding engagement for both lawyers and nonprofits.
OpinionNY Bar Admission Criminal History Query Is Unjust, Illegal
New York should revise Question 26 on its bar admission application, because requiring students to disclose any prior interaction with the criminal justice system disproportionately affects people of color, who have a history of being overpoliced — and it violates several state laws, says Andrew Brown, president of the New York State Bar Association.
Lawyers can use LinkedIn to strengthen their thought leadership position, generate new business, explore career opportunities, and better position themselves and their firms in search results by writing a well-composed, optimized summary that demonstrates their knowledge and experience, says Guy Alvarez at Good2bSocial.
Imposter syndrome is rampant in the legal profession, especially among lawyers from underrepresented backgrounds, leading to missed opportunities and mental health issues — but firms can provide support in numerous ways, and attorneys can use therapeutic strategies to quiet their inner critic, says Helen Pamely at Rosling King.
In 2022, partners considering lateral moves have new priorities, and firms that hope to recruit top talent will need to communicate their strategy for growth, engage on hot issues like origination credit and diversity initiatives, and tailor their integration plans toward expanding partners’ client base, says Gloria Sandrino at Lateral Link.
Lawyers are experiencing burnout on a massive, unprecedented scale due to the pandemic, but law firms and institutional players can and should make a difference by focusing on small, practical solutions that protect their attorneys’ most precious personal resource and professional commodity — time, says Chad Sarchio, president of the District of Columbia Bar.