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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.
Three class actions accusing Blank Rome LLP of alleged negligence from a data breach have been dismissed by the plaintiffs less than a month after the complaints were initially filed in Pennsylvania federal court.
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.
The American Bar Association has blasted as "absurd" the government's move to subpoena law firms as an attempt to avoid a documents request from the organization amid allegations the Trump administration worked to intimidate law firms into conforming with his policy goals through executive orders last year.
The first and so far only New York City public defender union to go on strike this year announced on Wednesday that its approximately 500 members are returning to work after reaching a tentative agreement with their managers.
Delaware firm Morris Nichols Arsht & Tunnell LLP has announced that it is raising the starting salary for first-year associates to $220,000, and increasing its pay scale for other associates and special counsel.
Crowell & Moring LLP hired a former general counsel for UBS Bank USA this week to advise banks, fintechs and digital assets companies on regulatory matters.
Barnes & Thornburg LLP said Thursday it has added three new partners, two in Dallas from Vedder and one in Washington, D.C., from Cleary Gottlieb Steen & Hamilton LLP, increasing the firm's white collar, compliance and investigations practice to 18 former assistant U.S. attorneys.
The former U.S. Department of the Interior's deputy assistant secretary for land and minerals management has a new role at Holland & Hart LLP's Washington, D.C., office.
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.
BigLaw firms about to tackle a website redesign need to understand the fundamental changes to costs, timelines, vendors and technology since their last big update so their leadership teams can steer resource management decisions away from costly potential mistakes, says Stephan Roussan at Vertical Minds.
Two recent reports shift the legal posture of every organization deploying artificial intelligence agents because they establish the foreseeability, for negligence liability purposes, of an AI agent becoming weaponized for data exfiltration, says Camilo Artiga-Purcell at Kiteworks.
Firms willing to develop a new operating model, where AI-powered legal tech is paired with deep industry expertise and a different incentive structure, can win over companies looking to consolidate their legal needs with a single provider, says Lana Manganiello at Practice Growth Partner.
Law firms trying to weave artificial intelligence into summer associate programs should build a program that isn't really about AI but teaches students how to think about using AI, with the goal of building judgment, understanding implications and leveling up in a way that's repeatable, says Zeynep Ersin at Seyfarth.
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Biz Development Tip Of The Month: Don't Obstruct Knowledge
Lawyers and firms should treat knowledge transfer as a business development function, using the sharing of context and institutional know-how to preserve continuity through change, strengthen relationships and create long-term competitive advantage, says Mark Wraight at Stinson.
The biggest question about private equity moving into the legal sector is no longer whether it can financially succeed, but how law firms can contend with the unavoidable economic, institutional and ethical tensions introduced by external ownership without compromising their core professional commitments, say Kirsten Vasquez and Allison Rosner at Major Lindsey.
As potential clients use artificial intelligence tools instead of search engines when looking for counsel, it is a democratizing moment for specialized midsize firms and a compression threat for generalist big-firm brand positioning, says Ronn Torossian at 5WPR.
Private equity capital has been flowing into accounting firms for years, with investors developing creative structures to work within that field's specific ownership restrictions, and the framework developed by these transactions offers valuable insights for law firms looking for outside investment, says Russell Shapiro at Levenfeld Pearlstein.
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Legal Tech Talks: StrongSuit CEO On The AI Gold Rush
Justin McCallon, CEO of StrongSuit, discusses how the potential for automation and insight generation with artificial intelligence is massive, but that in legal work, especially litigation, the margin for error is essentially zero.
When law firm leaders provide work product feedback by identifying errors instead of offering guiding input, they miss a key opportunity to treat feedback as a professional development and leadership tool, but several practices can help bridge the gap between intent and impact, says Janet Jackson at Well-Law.
Many law firms are using generic decks for multiple client presentations to articulate their artificial intelligence strategy, but in order to differentiate themselves, it's important to bring marketing teams into the fold to identify what's actually distinctive about how a firm uses AI, says Eric Greenberg at Cox Media.
The Legal Marketing Association's recent annual conference underscored how advances in artificial intelligence and shifting client expectations are causing law firms to evolve into more structured, data-driven businesses that place greater emphasis on strategy, implementation and measurable results, say Maria Aronson and Gina Rubel at Furia Rubel.
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Biz Development Tip Of The Month: Build Relationship Habits
Meaningful relationships are foundational to business development, and they can be deliberately fostered through a set of habits for authentically, intentionally and consistently connecting with clients and colleagues — starting with people you already know and like, says Matthew Moran at V&E.
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.