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Two years after selling its fiduciary arm, Harneys' global chief says the firm remains confident it made the right move — even as rival offshore firms seek private equity backing while retaining their corporate services businesses.
O'Melveny said Thursday that it has added another attorney to its bankruptcy and restructuring team in New York — a former Linklaters LLP partner who the firm said enhances its creditor-side and special situations capabilities.
Duane Morris LLP has agreed to private mediation to settle a proposed class action by an employee who alleged that the firm failed to withhold taxes for workers who were misclassified as partners, according to a notice.
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.
In a rare move, Massumi & Consoli LLP announced on Thursday that it is taking private equity investment through a newly launched managed services organization.
Several law firms grew their geographic footprints in September, with Saul Ewing LLP expanding into Atlanta, Morgan & Morgan PA entering the Chicago market, and Maron Marvel Bradley Anderson & Tardy LLC opening a second New York location on Long Island.
A former U.S. Department of Defense senior official, who has more than 15 years of national security, economic security and government affairs experience as an attorney, lobbyist, regulator and diplomat, has joined Holland & Knight LLP, the firm recently announced.
The passage rate among first-time test takers of July's Florida Bar exam dropped slightly from last year's 13-year high, with graduates of Sunshine State law schools performing better than first-timers overall, according to recently released test results.
More attorneys are leaving top firms to take jobs at artificial intelligence companies, often to perform work outside the legal field, a new report concluded on Thursday, saying the moves have become noticeable this year as dozens have left for positions at Harvey, Anthropic, OpenAI and others.
Wilson Sonsini Goodrich & Rosati PC announced Thursday that it hired Baker Botts LLP's chief client officer for the same role.
As the Washington Supreme Court handed out the first approval earlier this month to a legal tech firm to practice law, architects of the program are hoping to learn from its predecessors' successes — and their mistakes.
Labor and employment law firm Ogletree Deakins Nash Smoak & Stewart PC has tapped Cooley LLP's deputy general counsel to serve as its legal leader, the firm announced Thursday.
Three Crowns LLP on Wednesday announced a significant partner hire for its new Dubai International Financial Centre office, saying Freshfields LLP's Saudi Arabia disputes practice head has departed that firm to contribute to the global arbitration specialist.
Troutman Pepper Locke LLP has grown its Connecticut outpost with the addition of Finn Dixon & Herling LLP's former investment management practice leader.
Fried Frank Harris Shriver & Jacobson LLP has hired a partner from DLA Piper who focuses his practice on counseling sponsors and managers of private funds through regulatory matters, the firm recently announced.
A key U.S. Department of Education committee on Thursday declined to weigh in on whether an American Bar Association council should remain a federally recognized accreditor of law schools, a day after the panel deadlocked on different proposals over the hot-button issue.
Alston & Bird LLP has added two commercial litigators in California previously with Loeb & Loeb LLP who specialize in business disputes, the firm announced Thursday.
Big companies will increase their litigation budgets yet again next year, as navigating legal risk is now an essential element of achieving strategic business goals, according to a new report.
A key U.S. Department of Education committee deadlocked Wednesday over whether the American Bar Association council responsible for approving law schools should continue as a federally recognized accreditor, tabling the issue until Thursday after different proposals failed to win majority support.
BigLaw firms are jockeying to build out "hybrid capital" practices as their private equity and private credit clients flock to the newly in-demand investment strategy to navigate economic and geopolitical uncertainty.
National accounting firm Sorren announced it has launched a legal services practice and formed an affiliated management services organization to help run operations.
Crowell & Moring LLP is growing in Washington, D.C., with the addition of a former senior attorney-adviser in the U.S. Environmental Protection Agency's Office of General Counsel.
Dinsmore & Shohl LLP announced Wednesday that it has boosted its construction litigation offerings with a trio of Tampa, Florida-based lawyers who came aboard from Freeman Mathis & Gary LLP.
Healthcare and life sciences boutique Frier Levitt announced Wednesday that it has taken a different approach to summer bonuses this year, issuing them to every attorney, paralegal and professional and administrative staff member at the firm.
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.
Sarah Kovit Hanna at Assurant discusses how she balances the demands of her in-house role and the support needs of her son, who was diagnosed with autism, as a single mom, and reflects on how the legal industry can better support caretakers of family members who have special needs.
Debbie Berman at Jenner & Block offers advice on how attorneys can make a meaningful impact on their communities through pro bono work while enhancing their professional development through strengthened client-facing skills, hands-on experience and more.
Series
My Nonpracticing Law Job: Law Firm Marketer
Liz Bard Lindley at Jaffe PR shares how she went from a family law associate who helped write industry articles to a savvy legal public relations and marketing professional, and offers takeaways for any attorney who might not feel at home in their law practice and is considering alternative career paths.