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Haynes Boone has bulked up its labor and employment practice with two Dallas-based hires, one who joined from an in-house role at Toyota and another who came aboard from Ashurst Perkins Coie.
Artificial intelligence is giving corporate legal departments the opportunity to rethink how work is divided between outside counsel and in-house attorneys, but the pace of change in technology and demands to adapt from corporate heads remain challenges, in-house leaders said this week at an industry event.
Florida-based legal network TerraLex has tapped a former executive at Norton Rose Fulbright to serve as the company's CEO.
Reed Smith LLP announced two new hires to its private capital team on Wednesday as the firm continues rapidly expanding the platform.
Littler Mendelson PC announced Thursday that it has hired eight former Jackson Lewis PC attorneys in San Juan, Puerto Rico, expanding its footprint in the U.S. territory to include more than 35 lawyers and business professionals.
Akerman LLP announced Thursday it has added an experienced debt finance attorney from Troutman Pepper Locke LLP to its corporate practice group in Los Angeles.
About one-fifth of attorneys across the country meet moderate-to-extremely severe symptom thresholds for depression, anxiety and stress, according to the largest-ever study of mental health and well-being in the legal profession.
More women are leading major law firms, but the job they are stepping into looks increasingly different from the one that existed when many began their careers.
Law360 Pulse’s Women in Law Report looks at the representation of women in the ranks at U.S. law firms — from new associates to seasoned equity partners. Explore the data to see a detailed look at the numbers and how they shift at every rung of the ladder.
Women enter law firms in numbers rivaling men, but reaching the top of the law firm hierarchy is another matter. Here’s our data dive into the representation of women at U.S. law firms.
After watching previous generations pour themselves into work no matter the cost, Gen Z women attorneys emphasize flexibility and work-life balance in career planning more than their predecessors, according to several Gen Z women attorneys and legal industry experts who spoke with Law360.
Linklaters LLP announced on Thursday that a leading dealmaker and 32-year veteran of Wachtell Lipton Rosen & Katz will take over as managing partner of its Americas team in November.
Proskauer Rose LLP announced Wednesday that it has hired a team of New York attorneys who most recently worked for Cahill Gordon & Reindel LLP, touting their experience serving clients in the leveraged finance market.
Fennemore Craig PC announced Wednesday the firm will merge with Arizona business firm Gallagher & Kennedy at the start of December, adding 50 attorneys across Santa Fe, New Mexico, and Fennemore Craig's hometown of Phoenix.
AI-native law firms incorporating artificial intelligence into their legal work from their inception are on the rise in the legal industry, but face a balancing act between the technology powering them and their obligations as legal service providers, according to panel discussions Wednesday at an industry event.
GCVC, an early-stage venture fund founded by a former attorney at Fenwick & West LLP and current general counsel and chief compliance officer at property payment platform Bilt Technologies Inc., launched on Wednesday with the announcement of its first two investments.
The federal judiciary's ethics arm has approved a policy allowing law firms to pay judicial interns, as long as the payments are not directly related to their work for the courts and not paid out during their internship or externship.
Niall Dickson of Goodwin Procter LLP advised global investment manager Ares Management on the formation of billions of dollars in funds focusing on real estate assets such as multifamily, industrial or self-storage sites, earning him a spot among the real estate law practitioners under age 40 honored by Law360 as Rising Stars.
The American Arbitration Association announced Wednesday that its president and CEO for 3½ years will step down on Oct. 2, and the organization will appoint its former board member and current chief development officer as interim lead.
Lowenstein Sandler LLP has expanded its investment management and private funds group by adding a pair of attorneys in New York, including an incoming partner with both in-house and BigLaw experience.
Womble Bond Dickinson has added a 29-person consumer warranty and product liability litigation group from Lewis Brisbois Bisgaard & Smith LLP that specializes in defending automobile manufacturers, the firm announced Wednesday.
Akerman LLP announced Wednesday that it has rounded out its artificial intelligence leadership team by bringing on a former Munck Wilson Mandala LLP litigator to serve as the firm's first director of AI development.
Katten Muchin Rosenman LLP has bolstered its offerings in Los Angeles with the addition of the chair of Kasowitz LLP's data strategy, privacy and security team and co-chair of its artificial intelligence industry group.
Law360 Pulse's latest Diversity Snapshot showed that law firms continued to make incremental gains in diversity, though attorneys of color remained less represented in the partnership ranks. Here's our data dive into representation at law firms in the U.S.
Law firms may be less public about their diversity, but legal industry advisers and diversity experts say much of the underlying work around recruiting, retaining and advancing talent continues.
During the early days in the general counsel role, establishing a CEO relationship that holds under pressure is dependent on earning access, communicating in business terms and advising candidly — all before a crisis arises, says Chaka Patterson, former general counsel at Adtalem Global Education.
Series
Biz Development Tip Of The Month: Harness Client Trust
Clients stay with counsel not simply because their lawyers follow the rules, but because they feel safe, respected and heard, making trust essential to business development, especially in high-stakes matters where reputational risk runs high, says Derrelle Janey at Olshan Frome.
Series
Legal Tech Talks: Summize GC On Operating Strategically
Lexi Lutz, general counsel of Summize, discusses how legal tech can make lawyers more proactive and less tied up in repetitive process work, so that they can spend more time acting as real business partners.
Junior lawyers can harness artificial intelligence to identify where they are gaining traction with clients and build a data-driven business development foundation long before conversations about partnership track begin, says Tigist Kassahun at Vinson & Elkins.
Recent research demonstrates that the organizational qualities that make for a good associate experience, like strong leadership, are also strengths that prove critical to successful artificial intelligence implementation, say Cait Evans at Chambers and Partners, and Vivek Mohan and Meredith Williams-Range at Gibson Dunn.
Section 4 of President Donald Trump's executive order promoting the advancement of artificial intelligence innovation and security establishes a federal baseline around AI agents, so general counsel cannot wait for enforcement to define the standard, says Camilo Artiga-Purcell at Kiteworks.
Series
RFP Reset: Standardize Pricing Requests
To keep up with rising legal costs amid an industry overhaul fueled by artificial intelligence, legal departments can make outside counsel requests for proposal more defensible and cost-effective by making pricing requests uniform, requiring comparable fee templates and evaluating staffing assumptions, says Colin Levy at Malbek.
The law firm marketing efforts with the best return on investment are things that actively provide value to potential clients: practical business guidance, uncluttered proposals that anticipate their questions and opportunities to participate in curated industry conversations, says Shireen Hilal at Maior Strategic Consulting.
To ensure continued success, law firm leaders helming their firms through the legal industry revolution should take inspiration from the Founding Fathers' bold decisions, such as James Madison's abandonment of the Articles of Confederation and George Washington's trust in junior officers', says Samuel Pond at Pond Lehocky.
The artificial intelligence conversation among law firm leaders has advanced from adoption to governance and business impact, but it hasn’t resolved who maintains ownership and operational responsibility, which should be determined by the range of functions that AI touches, says Jennifer Johnson at Calibrate.
Series
Biz Development Tip Of The Month: Practice AuthenticityAttorneys who demonstrate who they truly are and what they stand for by sharing the human impact of their results, earning the media's trust by providing accessible analysis, and providing hands-on aid to their communities can build stronger reputations than any advertising budget can buy, says Ray DeLorenzi at RebuttalPR.
Legal artificial intelligence is on a similar trajectory as the internet in the dot-com era, where several internet companies failed after the initial market frenzy, but even if AI company valuations take a hit and the industry goes through a major reordering, legal leaders should note that the technology itself remains genuinely transformational for the delivery of legal services, says Gabriel Buigas at Integreon.
Opinion
Keeping PE Out Of Law Is Job For Courts, Not Capitols
Efforts by lawmakers in California, Colorado and Illinois seeking to bar private equity firms, hedge funds and other nonattorney investors from owning or financing law firms risk intruding on authority that state constitutions and the inherent powers doctrine have traditionally assigned to the judiciary, says attorney Felix Shipkevich.
Ross McNairn, founder and CEO of Wordsmith AI, discusses how the lawyers who treat legal work like an engineering problem and can deploy legal intelligence at scale will define the next decade.
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.