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Rocade Capital LLC has acquired fellow litigation funder Law Finance Group LLC, creating a combined platform that has deployed more than $2.3 billion and specializes in $10 million to $50 million deals, including post-judgment financing, portfolio deals and lending to plaintiff's firms.
An insider trading case involving nonpublic information prosecutors say was stolen from some of the largest law firms in the U.S. has ensnared more than two dozen defendants, many of whom have turned to lawyers with notable clients including Donald Trump, Harvey Weinstein and Luigi Mangione.
The race to match Milbank LLP's attorney pay hikes is officially on, with trial firm Hueston Hennigan the latest to announce it will increase associate pay by $10,000 to $20,000 annually.
Weber Gallagher Simpson Stapleton Fires & Newby LLP has expanded its general liability practice in Philadelphia with the addition of a partner from Hohn & Scheuerle LLC.
Honigman LLP has announced that a pair of intellectual property partners with substantial leadership experience have been named the new co-chairs of its IP department.
Burr & Forman LLP has announced that an experienced attorney who has been with the firm's Birmingham, Alabama, office for more than a decade has been named its first head of litigation.
Schenck Price Smith & King LLP has unveiled a new community association practice group to be manned by a father-son pair joining as a partner and counsel in New Jersey from Becker & Poliakoff PC.
Lawyers are increasingly naming specific legal artificial intelligence tools that they allege were involved in hallucination errors in court, pushing legal tech products into the spotlight.
A New Jersey appellate panel on Tuesday questioned if Lowenstein Sandler LLP ever filed the amended complaint that would trigger the allegedly missed deadline that Trif & Modugno LLC says is fatal to Lowenstein Sandler's bid for $750,000 in unpaid fees from a failed cannabis venture.
Fennemore Craig PC has launched its 24th office with the addition of a 15-person team of attorneys and legal professionals from Northern California boutique Reynolds Law LLP.
Burr & Forman LLP has brought on a Williams Mullen partner in its Atlanta office, strengthening the firm's corporate and tax practice.
BigLaw firms may soon partner with private equity to gain an edge in the talent wars, potentially reshaping the U.S. legal industry despite fears that the shift could corrode firms' cultures.
U.S. Sens. John Kennedy, R-La., and Ron Wyden, D-Ore., on Tuesday jointly introduced the Open Courts Act, which they said would modernize the court records systems PACER and CM/ECF.
Sarasota, Florida, law firm Norton Hammersley Lopez & Skokos PA joined Trenam Law, expanding the firm's business, real estate, litigation and private client services capabilities.
Scarinci Hollenbeck LLC has landed the former managing partner of Weiner Law Group and an accompanying team of six attorneys, building up the firm's labor and employment, litigation, land use and environmental capabilities.
Milbank LLP is increasing associate pay by $10,000 to $20,000 annually, with new salary floors of $235,000 and pay reaching as high as $455,000 for more experienced attorneys, according to the firm.
The Illinois state Legislature has passed a bill that aims to stop attorneys from fee sharing with non-lawyer-owned firms in other states and from accepting outside investment via a managed service organization structure.
Ice Miller LLP has announced a commercial real estate transaction pro has joined the firm's real estate, environmental and energy law practice group, after moving from Bose McKinney & Evans LLP.
Holtzman Vogel Baran Torchinsky & Josefiak PLLC has brought on a former U.S. Department of Justice prosecutor who recently argued the Trump administration's appeal to revive executive orders targeting four law firms, the firm announced Monday.
Saxton & Stump has expanded its intellectual property resources in Pennsylvania with the addition of an attorney and former research chemist who has moved his practice to the firm after six years as an in-house patent attorney for technology company Johnson Matthey.
Insurance defense firm Tyson & Mendes LLP completed a large expansion of its footprint in the Northeast region of the country with the addition of nearly two dozen attorneys who moved their practices from Rebar Kelly LLC.
San Francisco trial boutique Keker Van Nest & Peters LLP has promoted a longtime partner to managing partner, and named a new general counsel, the firm announced Monday.
Trial firm Hueston Hennigan is the second boutique to announce it will dole out midyear bonuses to associates.
Munck Wilson Mandala LLP announced Monday that it has planted a flag in Fort Worth, its sixth location in Texas, with a veteran corporate attorney at the helm who most recently served as general counsel to biotech company Modern Meadow.
Epstein Becker Green has added six litigators experienced in commercial and healthcare matters who previously worked for Manatt Phelps & Phillips LLP in its Los Angeles, Chicago and Washington, D.C., offices, the firm announced Monday.
Roundup
Ask A Mentor
As the legal profession undergoes a dramatic period of change, experts answer questions on career and workplace conundrums in this Law360 guest article series.
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.
Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.
Series
Ask A Mentor: How Can I Ace My Upcoming Annual Review?
Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.
In order to be perceived as prestigious by clients and potential recruits, law firms should take their branding efforts beyond designing visual identities and address six key imperatives to differentiate themselves — from identifying intangible core strengths to delivering on promises at every interaction, says Howard Breindel at DeSantis Breindel.
Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.
Series
Ask A Mentor: How Can I Successfully Switch Practices?
Associates who pivot into new practice areas may find that along with the excitement of a fresh start comes some apprehension, but certain proactive steps can help tame anxiety and ensure attorneys successfully adapt to unfamiliar subjects, novel internal processes and different client deliverables, say Susan Berson and Hassan Shaikh at Mintz.
Associates may hesitate to take on the added commitment of pro bono matters, but such work has tangible skill-building benefits, so firms should consider compensation and leadership strategies to encourage participation, says Rasmeet Chahil at Lowenstein Sandler.
Amid demands from clients and prospective hires for greater sustainability efforts, law firms should think beyond reusable mugs and create programs that incorporate clear leadership structures, emission tracking and reduction goals, and frameworks for reporting results, says Gayatri Joshi at the Law Firm Sustainability Network.
The pandemic has likely exacerbated the prevalence of problem drinking in the legal profession, making it critical for lawyers and educators to address alcohol abuse and the associated stigma through issue-specific education, supportive assistance and alcohol-free professional events, says Erica Grigg at the Texas Lawyers' Assistance Program.
Opinion
Lawyers Have Duty To Push For Immigration Court Reform
Attorneys must use their collective voice to urge federal lawmakers to create an Article I immigration court outside executive branch control, helping address the conflicts of interest, political influence and lack of adjudication consistency that prevent migrants from achieving true justice, say Elia Diaz-Yaeger and Carlos Bollar at the Hispanic National Bar Association.
Based on their own firm's experiences, Kami Quinn and Adam Farra at Gilbert discuss strategies and unique legal industry considerations for law firms planning hybrid models of remote and in-office work in a post-COVID marketplace.