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Orrick Herrington & Sutcliffe LLP has hired a former Cooley LLP partner with years of experience advising clients like emerging financial institutions, retailers and others on financial services regulations, the firm announced Thursday.
Herbert Smith Freehills Kramer LLP reported revenue of more than $2.4 billion on Thursday as it posted its first set of financial results since the merged firm launched in 2025.
As some law firms are engrossed with adopting certain artificial intelligence tools, Sheppard believes greater gains can be achieved by focusing on a technology-based program that promotes behavioral changes in how attorneys and staff view AI tools.
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.
Shortly after announcing the close of its $670 million debut fund, private equity firm Uplift Investors and its associated management services organization announced Wednesday that they have reached a contract with a New England personal injury firm, the fourth one announced this year.
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.
The president of the American Bar Association defended how the organization accounts for diversity, equity and inclusion efforts when accrediting law schools, telling a congressional task force Wednesday that diversity enhances the legal profession.
DLA Piper urged an Illinois federal judge to toss a Palestinian attorney's suit claiming the firm revoked a job offer out of discrimination, arguing it rescinded the offer because she concealed allegations that she assaulted someone at a protest.
Jackson Lewis PC announced the elevation of two office managers and longtime firm attorneys to co-leaders of the employment litigation group this week.
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.
McGuireWoods LLP has added depth to its energy sector finance offerings with a Houston-based partner who came aboard from Kirkland & Ellis LLP.
The founder of Quinn Emanuel Urquhart & Sullivan LLP's artificial intelligence and data analytics litigation group who built a career on bet-the-company disputes has launched his own New York City boutique.
The University of Chicago Law School and the University of California, Berkeley School of Law have laid out two approaches for regulating student AI use, charting divergent paths when educational institutions across the nation are looking for guidance on how to grapple with the role of the technology in legal education.
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.
A proposed class action against Pillsbury Winthrop Shaw Pittman LLP over a data breach last year has been voluntarily dismissed by the named plaintiffs, following a granted motion to stay in April to discuss mediation.
Sullivan & Cromwell LLP has hired a new national security and foreign investments and trade regulations practice partner for its Washington, D.C., office, the firm announced Tuesday.
Clifford Chance said Wednesday that partnership profits topped £1 billion ($1.3 billion) for the first time, helped by a recovery in dealmaking and growth in the U.S., as the firm continued to expand in the world's largest legal market.
Thompson Hine LLP on Wednesday announced the opening of an energy practice with a four-lawyer team split between the East and West coasts.
A group of Democrats demanded Tuesday that Skadden Arps Slate Meagher & Flom LLP disclose details of its pro bono arrangement with the Trump administration in light of allegations the firm advised both Intel Corp. and the U.S. Department of Commerce when the administration received a 10% company stake.
Federal lobbying revenue reached new highs for some law and lobbying firms in the second quarter of the year, growth that comes as lobbyists and their clients prepare for potential political changes after the midterm elections.
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.
A former C-suite executive with Clifford Chance and Baker McKenzie is teaming up with tech-enabled managed services provider Opensity to launch a new law firm managed services organization practice.
A congressional task force focused on constitutional rights plans to hold a hearing Wednesday to look into what its Republican chairman called the American Bar Association's use of law school accreditation to promote diversity, equity and inclusion policies in academia.
Baker McKenzie has hired two attorneys, in Washington, D.C., and New York, who focus their practices on life sciences transactional matters and intellectual property issues, the firm announced Tuesday.
Mintz Levin Cohn Ferris Glovsky and Popeo PC announced Tuesday that it has bolstered its venture capital and emerging companies practice with a San Francisco-based corporate partner who came aboard from Baker Botts LLP.
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
Series
Biz Development Tip Of The Month: Prioritize Connections
One reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
Roundup
Biz Development Tip Of The Month
This year, experts shared 12 actionable strategies on building business in today's competitive legal market, from prioritizing human connections to maximizing the impact of thought leadership.
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.
Series
Talking Mental Health: Caring For Everyone As A Firm Leader
Reid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.
LinkedIn has several features law firms can use to showcase their capabilities and thought leadership to reach prospective and existing clients, including the Event and Live features, says Sofia Millar at Reputation Ink.
Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.
By initiating planning and processes to evaluate personal retirement goals and firm value early, longtime solo practitioners and small-firm owners can unlock a range of possibilities and potential buyers, setting up for a profitable exit and a rewarding transition, says Brent Daub at Gilson Daub.
When crafting an appellate brief, the focus for most lawyers is the argument section, but other sections also offer strategic opportunities to shape the court's perception of the case and favorably frame the issues, say attorneys at Frost Brown.
Kate Driscoll at Morrison Foerster suggests six questions to help candidates evaluate whether a secondment will benefit their career.
Recent approaches to hiring chief marketing officers demonstrate how firms are reimagining their marketing and business development frameworks to stay competitive and responsive to evolving client needs, says Murray Coffey at M Coffey.