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Despite rising expenses driven by artificial intelligence and return to office mandates, the legal industry is performing well in 2026, with U.S. law firms recording a double-digit jump in revenue and strong growth in demand so far this year, according to new survey results from Citi Global Wealth at Work's Law Firm Group.
White & Case LLP has continued the growth of its global investment funds practice and global private capital industry group, with the addition of the global head of private funds and investment management at Mayer Brown LLP.
Clifford Chance LLP wants a high-profile partner pay dispute sent to arbitration, accusing two ex-partners who claim they're facing a $6 million clawback demand of "gamesmanship" by filing suit in New York federal court.
O'Melveny & Myers LLP has hired an environmental lawyer from Pillsbury Winthrop Shaw Pittman LLP, who spent the entirety of his over 20-year legal career at his previous firm representing clients in related corporate transactions, compliance audits and more, the firm announced Monday.
Clifford Chance announced Monday that it has fortified its leveraged and infrastructure finance offerings with a Houston-based partner who came aboard from Jones Day.
Orrick Herrington & Sutcliffe LLP announced the latest addition to its structured finance team on Monday, touting the former DLA Piper attorney's experience with collateralized loan obligations and related leveraged loan warehouse facilities.
Debevoise & Plimpton LLP announced on Monday the hiring of two former Davis Polk & Wardwell LLP lawyers as counsel focused on artificial intelligence in New York and Washington, D.C.
Holland & Knight LLP has tapped a veteran litigator who is its former litigation section chair to defend it against a real estate company's $1.2 billion malpractice lawsuit.
Over the past five years, at least half a dozen attorneys across the country have either been disbarred or faced serious discipline for their incendiary online posts targeting judges or public legal officers.
Baker Botts LLP and King & Spalding LLP lead this week's edition of Law360 Legal Lions, after the Ninth Circuit enforced an over $2 billion arbitral award issued to a satellite communications company, ruling that the legal concept of an optimal venue for a case doesn't apply in matters concerning the enforcement of international arbitral awards.
Orrick Herrington & Sutcliffe LLP has hired a new global head of capital markets from Kirkland & Ellis LLP and is bringing on another capital markets partner from the firm later this month.
Cameron Byrd of Ahmad Zavitsanos & Mensing has clinched major victories for clients with his skills at oral argument in recent years, including defeating almost $290 million in claims against an energy client this year and winning a $42 million verdict in 2023, earning him a spot among the trial attorneys under age 40 honored by Law360 as Rising Stars.
Pavithra Rajesh of Glancy Prongay Wolke & Rotter LLP helped win a $120 million settlement for investors in a secondary offering by ViacomCBS Inc. and fought her way through several pleading motions in order to reach a settlement-in-principle in a securities fraud class action against United Natural Foods Inc., earning her a spot among the securities law practitioners under age 40 honored by Law360 as Rising Stars.
Meng Lu of Wachtell Lipton Rosen & Katz has advised industry giants like Salesforce Inc. and eBay Inc. on novel and complex multibillion-dollar transactions during her career, earning her a spot among the practitioners of mergers and acquisition law under age 40 honored by Law360 as Rising Stars.
Baker McKenzie partner Cameron Reilly helped secure a key tax court ruling for FedEx Corp. to invalidate regulations on mandatory repatriation under the 2017 federal tax changes, and was a lead attorney in Facebook Inc.'s successful challenge to cost-sharing regulations for multinational corporations, earning him a spot among the tax practitioners under 40 honored by Law360 as Rising Stars.
Nick Spear of Susman Godfrey LLP has helped secure millions for life insurance policyholders in cases involving improper cost-of-insurance charges, earning him a spot among the insurance law practitioners under age 40 honored by Law360 as Rising Stars.
John Weber of Paul Weiss Rifkind Wharton & Garrison LLP advised global communications software firm Mitel's $1.3 billion restructuring and Roomba maker iRobot's prepackaged Chapter 11 restructuring, which equitized approximately $265 million in debt, earning him a spot among the bankruptcy law practitioners under 40 honored by Law360 as Rising Stars.
Holland & Knight LLP must face adversary claims in Houston bankruptcy court after a Texas federal judge found the trustee for bankrupt life insurance bond seller GWG Holdings Inc. had made a plausible case that the firm and one of its attorneys engaged in a racketeering conspiracy with its ex-chairman.
Florida-based law firm Lowndes has welcomed an experienced commercial real estate attorney from BakerHostetler to its office in Orlando.
Polsinelli PC announced Thursday that it has added an expert in public company counseling, capital markets transactions and investment fund regulatory matters to its New York office.
Legal and compliance startup Norm Ai announced Thursday that its law firm offshoot hired a former partner at Sidley Austin LLP to lead a newly launched finance practice.
Goodwin Procter LLP told Law360 Pulse on Friday that it has developed a new proprietary artificial intelligence platform designed to build and scale specific AI tools across the firm, starting with venture financing.
A former general counsel to Florida International University with more than three decades of experience has joined Buchanan Ingersoll & Rooney PC's Miami office.
FBT Gibbons LLP has grown its financial services and litigation capabilities in California with the addition of a litigator who previously worked in-house at Wells Fargo and Charles Schwab.
Law firms deployed associate bonuses and expanded operations during another busy summer week for the legal industry. Test your legal news savvy here with Law360 Pulse's weekly quiz.
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
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Ask A Mentor: How Do I Relay Shortcomings To Associates?
Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
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Ask A Mentor: How Can New Partners Generate Business?
Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.