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Investment in AI, including building firm-specific proprietary tools, is the latest front among top law firms to gain and maintain elite status. Law360 spoke with legal industry leaders about how firms can embrace AI innovation to keep their competitive edge.
In the intense competition of the legal sphere, firms have to make a constant effort to stand out from the crowd. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction.
BigLaw's record-setting revenue streak shows no sign of slowing. Here, we highlight the firms that reported more than $1 billion in gross revenue in the latest year.
The administrator for construction startup Katerra Inc.'s Chapter 11 plan has told a Texas bankruptcy court he reached a $560,000 settlement with Jackson Walker LLP over the fees the firm was awarded in the case by a bankruptcy judge who was dating a Jackson Walker partner.
Senior-level lawyers are leaving the corporate world to establish firms where they're strategic partners and trusted advisers to growth-stage companies. These fractional general counsel argue that their business model will grow in popularity amid artificial intelligence expansion that's changing legal services.
A new book of essays by women attorneys and executives at Becker & Poliakoff PC explores the value of resilience and the various ways they have overcome adversity in their personal and professional lives.
Honigman LLP announced Monday that it has hired Crowell & Moring LLP's chief information officer, touting his more than decade-long history in executive management technology and operations roles at multiple BigLaw firms.
Munsch Hardt Kopf & Harr PC announced Monday that it has strengthened its bankruptcy, restructuring and insolvency practice with an Austin-based partner who came aboard from Husch Blackwell LLP.
Renter plaintiffs have told a Tennessee federal court to grant final approval for more than $359 million worth of settlements that aim to resolve their antitrust claims against multiple landlords accused of using property management software company RealPage Inc.'s revenue management software for rent price-fixing.
Cahill Gordon & Reindel LLP is giving out bonuses that range from $6,000 for the class of 2025 to $25,000 for the class of 2018.
Wilentz Goldman & Spitzer PA has hired ex-Prime Tuvel & Miceli partner Danielle N. Kinback to be a shareholder for its environmental, land use and redevelopment teams in New Jersey.
The U.S. legal education system could soon be plunged into disarray, after politics seemed to overshadow substance during an unusual hearing this week on whether to revoke an American Bar Association council's federal status as the primary accreditor of law schools, experts told Law360 Pulse.
O'Melveny & Myers LLP and Reed Smith LLP lead this week's edition of Law360 Legal Lions, after the Ninth Circuit overturned a $140 million class verdict against CenturyLink, holding that the company had a reasonable interpretation of the Fair Credit Reporting Act.
New Jersey-based Greenbaum Rowe Smith & Davis LLP has appointed two of its long-tenured attorneys as co-leaders for its employment team and family law group.
An increasingly competitive marketplace for legal talent and attorneys moving their platforms frequently, recruiters say firms seem to be taking a more active role in monitoring their roster, relying more increasingly on digital monitoring to try and detect whether any of their attorneys are thinking about a possible lateral move.
McNees Wallace & Nurick LLC has recently launched a new subsidiary company that intends to consult with clients in need of help building a management team or designing an intellectual property strategy.
The co-founder of Society 54, a business development consultancy, has joined Bass Berry & Sims PLC as chief business development and marketing officer, the Nashville-headquartered firm announced Friday.
Holland & Knight LLP over the past year has ramped up a practice around a once-unusual proposition: that investors would take a stake in law firms' businesses.
GrayRobinson PA has expanded its labor and employment section in Orlando, Florida, with a former Spire Law PLLC attorney who focuses on employment and business litigation defense.
Tarter Krinsky & Drogin LLP maintained "intentional opacity" about a recently disclosed cybersecurity attack last year that may have compromised protected health information, a proposed class action alleged in New York federal court.
Stinson LLP has bolstered its team in Washington, D.C., with a K&L Gates LLP intellectual property attorney who boasts an advanced electrical engineering degree that adds a technical perspective to her patent work.
Arkansas' largest personal injury law firm is the latest legal entity to ink a deal to take private equity investment using Uplift Investors' associated management services organization.
BigLaw firms are turning over a new leaf and marking a busy start to autumn with a flurry of lateral moves this week. Test your legal news savvy here with Law360 Pulse's weekly quiz.
With his experience at two top corporate law firms, the latest nominee for Delaware's Chancery Court would help the court maintain its status as the nation's preeminent corporate law venue amid increasing competition from business courts in other states, corporate law experts told Law360 Pulse this week.
In a rare move, Massumi & Consoli LLP announced on Thursday that it is taking private equity investment through a newly launched managed services organization.
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.
Law firms eyeing legal services organization models, which allow outside capital to support nonlegal business functions while preserving lawyer ownership, can prepare for the expansion of private equity investment in the area by balancing commercial objectives and compliance imperatives, say attorneys at Rivkin Radler.
The small-unit leadership principles that are foundational to the U.S. Marine Corps experience — from tight feedback loops to top-down tactfulness — offer a blueprint for addressing leadership gaps that persist in the legal profession, says Edet Nsemo at Tucker Ellis.
As law firms pursue increasingly ambitious growth goals in a competitive market for talent, they should consider supplementing traditional lateral hiring due diligence with practices inspired by the venture capitalist framework, says Henry O’Connor at Jones Walker.
After a pivotal year for the legal industry, lawyers and their clients face an evolving litigation finance landscape in 2026 that will be shaped by developments ranging from new policies governing patent lawsuits to the reemergence of appellate monetization funding, says Jeffery Lula at GLS Capital.
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Biz Development Tip Of The Month: Think Like A Waiter
To convert casually interested restaurant patrons into satisfied, repeat customers, a good waiter relies on four service-oriented habits that proactive attorneys can borrow to cultivate lasting client relationships, say attorneys at Maynard Nexsen.
As demand for chief compliance officers rises among a growing range of complex issues, organizations looking to hire and retain top-notch CCOs can adopt a series of strategies including defining success metrics and allowing the CCO to build a team, says Cara Bain at Major Lindsey.
From the adoption of artificial intelligence infrastructure to increasing client attrition, a number of trends will likely define the legal industry in 2026, and law firms will need to strategically lean into these shifts to gain a competitive advantage, says Shireen Hilal at Maior Strategic Consulting.
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Notes From A Partner-In-Charge On Integrating Lateral Talent
When done thoughtfully through three strategies, bringing laterals into the fold can propel growth and create significant business opportunities that enhance the law firm's cultural fabric, says James Sullivan, leader of Alston & Bird's New York office.
As generative artificial intelligence tools become embedded in mainstream legal practice, they are reshaping the administration of law itself, from how experts document and validate their work to how joint defense teams operate, demanding a new level of contractual clarity and operational discipline, says Karineh Khachatourian at KXT Law.
As the year winds down and the pace of work slows, attorneys should reflect on what did and didn’t work to generate business in 2025, and start mapping out their 2026 business development plan now to set themselves up for success, says Ezra Crawford at Crowell.