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Greenberg Traurig LLP has brought on the founder of Meltzer Lippe Goldstein & Breitstone LLP's investment management and funds practice as a shareholder and Long Island, New York, corporate practice and firmwide investment management group co-chair.
Reed Smith LLP announced Tuesday that an attorney specializing in cybersecurity and data privacy matters has moved her practice to the firm's Chicago office after more than two years with Neal Gerber & Eisenberg LLP.
Gibson Dunn & Crutcher LLP has added an attorney previously with Clifford Chance LLP who specializes in the energy and infrastructure sectors as co-chair of its structured finance practice group.
Mori Hamada & Matsumoto, one of Japan's Big Four law firms, is planning to enter the Lone Star State next year with offices in Dallas and Houston.
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.
Duane Morris LLP has appointed a new managing partner for its location in Austin, Texas, an energy partner who helped launch the office nine years ago.
Norton Rose Fulbright announced Tuesday that a longtime firm veteran based in Dallas has been named co-head of the firm's U.S. healthcare practice.
The Ohio Supreme Court has announced that public defenders in the state assigned to capital punishment cases will be getting an increase in their hourly rate, in a move that the court said reflects the complexity and cost to defend a client facing the death penalty.
A New York federal judge Monday ruled that a crypto-focused attorney must arbitrate his claims that wallet provider Phantom Technologies Inc. enabled the hack that stole half a million dollars from his dog-themed meme coin project.
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 Pennsylvania federal judge found Monday that the insurer for a Morgan Lewis & Bockius LLP attorney abused its discretion when it terminated her long-term disability benefits after incorrectly applying criteria to evaluate her ability to return to work.
The former chief of staff to Iowa Gov. Kim Reynolds has returned to private practice, rejoining Squire Patton Boggs LLP, the firm where she started her legal career, the firm announced Monday.
Weil Gotshal & Manges LLP has announced that Cravath Swaine & Moore LLP's head of private equity is returning to the firm in New York, saying the move "comes at a time of significant investment and growth at the firm."
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.
O'Melveny & Myers LLP has rehired a former partner who specializes in False Claims Act matters and recently spent more than two years with the U.S. Securities and Exchange Commission as an associate general counsel for oversight and investigations.
Jenner & Block LLP announced Monday that it has added New Jersey's first solicitor general to bolster its capacity to handle appellate matters, federal and multistate investigations, commercial disputes, and government and public policy matters.
A former McDermott Will & Schulte attorney has joined Holland & Knight LLP's corporate, mergers and acquisitions and securities section as a partner in Atlanta, Holland & Knight announced Monday.
A former Sidley Austin LLP partner who spent the past 12 years with the firm has moved to Mayer Brown LLP to work with corporate and securities matters and the firm's global insurance practice, according to a recent announcement.
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.
K&L Gates LLP added to its New York office a new corporate tax partner who specializes in complex tax planning and controversy, the firm announced.
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.
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.
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.
The U.K. offers 14 years' worth of data on private equity's involvement in the legal market, demonstrating for U.S. firms what worked, what didn’t and why, and illustrating several lessons about operational readiness, cultural fit and timing, says Tom Lenfestey at The Law Practice Exchange.
When firms attempt to deliberately organize their expertise, client relationships, business development, and thought leadership around specific industry verticals – sometimes called industry sector programs – several missteps commonly arise, but with discipline and alignment any firm can successfully grab market share, say Heidi Gardner at Harvard Law School and David Harvey at Harvey Global Consulting.
Firms of all sizes are accelerating lateral hiring of experienced partners because investing in senior expertise can pay off big — but for such an investment to work, firms need a disciplined strategy for vetting candidates, supporting their integration, and ensuring they'll generate real returns, says Shireen Hilal at Maior Strategic Consulting.
Similar to the way the transfer portal changed how many NCAA men’s basketball teams are built, artificial intelligence use in the legal industry is changing BigLaw’s lateral hiring market and creating a field where midmarket firms that develop their talent will hold an edge in the legal profession's next era, says Michael Ott at Ice Miller.
While wellness programs, flexible schedules and mental health resources are meaningful steps toward addressing burnout in the legal industry, a more effective approach must involve a redesign of law firm incentive structures, says retired attorney Jason Ward.
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Biz Development Tip Of The Month: Be An Industry Expert
Although taking the time to fully invest in a client and its industry is a big ask, it is well worth it for attorneys to understand the pressures, trends and constraints of a client's industry in order to build enduring business relationships, says Nonnie Shivers at Ogletree.