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Modern Lawyer
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Wood Smith, Charlesbank Capital Ink Pioneering MSO Deal
Insurance defense firm Wood Smith Henning & Berman has inked a deal to take investment from middle market investment firm Charlesbank Capital Partners via a managed services organization, according to an announcement Monday, the largest U.S. firm to announce such a move.
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Troutman Adds 3 Faegre Drinker Insurance Litigators In Philly
Troutman Pepper Locke LLP has continued its growth in the Northeast with the recent addition of three attorneys who moved their insurance litigation practices to Troutman's Philadelphia office from Faegre Drinker Biddle & Reath LLP.
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Weil Hires Ex-Paul Weiss Antitrust Partner In NY
Weil Gotshal & Manges LLP said Monday it has hired an antitrust partner formerly of Paul Weiss Rifkind Wharton & Garrison LLP in its New York office.
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Fed. Judiciary Seems Stuck On Litigation Funding Disclosure
Litigation funders can breathe a sigh of relief, as a panel studying whether the Federal Rules of Civil Procedure should be changed to tighten disclosure requirements declined to make a recommendation ahead of a meeting this week.
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Katten Seeks Deeper London Bench Without PE Or Merger
Katten Muchin Rosenman LLP wants a "deeper bench" of corporate lawyers in London as it aims to lift profit per equity partner to $5 million by 2030 without private equity investment or a major merger, the firm's chair has said.
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Court Denies Gov't Bid To DQ Susman Godfrey In ABA's Suit
A federal judge in Washington, D.C., has denied the U.S. Department of Justice's bid to disqualify Susman Godfrey LLP from representing the American Bar Association in its lawsuit challenging the Trump administration's executive orders against multiple major law firms.
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Ashurst Perkins Enters Houston With 2 Attys From Bracewell
Ashurst Perkins Coie announced Monday that it has stepped into the Houston market with two new partners who joined from Bracewell LLP and bring expertise in energy and real estate.
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Arizona Court Approves State's First Non-ABA Law School
The Arizona Supreme Court has approved the state's first law school not accredited by the American Bar Association, citing the need to increase the number of lawyers per capita in the state and provide more affordable options for legal education.
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Google Class Attys Get $22.7M Despite Hourly Rate Rebuke
A California federal judge has approved Google's $68 million class action settlement to resolve a long-running privacy suit, including class counsel's requested $22.67 million fee award, commending the parties' hard work while also criticizing a plaintiffs attorney's "patently unreasonable" proposed $3,000 hourly rate.
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Survey Of Ill. Attys Reveals Mental Health Struggles, Stigma
A survey of nearly 7,000 Illinois lawyers found roughly 20% rated their mental health as fair or poor, according to an Illinois Supreme Court commission report documenting the toll of workplace stress on the state's attorneys and judges, their alcohol and drug use, and barriers to getting them care.
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Cooley Reportedly Matches Milbank Pay Scale Starting In '27
Cooley LLP will reportedly increase U.S. associate base compensation in line with the pay scale set by Milbank LLP in June beginning on Jan. 1.
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Monopoly Allegations Test ABA's Role In Legal Education
The American Bar Association is facing mounting claims that the council responsible for law school accreditation acts as a monopoly, an accusation levied amid a broader, politicized battle over the future of legal education.
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Meet The Candidates Seeking A Texas Supreme Court Seat
Four justices on the all-Republican Texas Supreme Court will defend their seats from Democratic challengers in November, making for a closely watched contest on a bench that's made controversial moves this year.
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Womble Bond Reports Data Breach Exposing Personal Info
Womble Bond Dickinson was hit with a data breach in August that revealed personal information to an unauthorized third party, the firm said in a notice with the Massachusetts state government this week.
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The Supreme Court's Week: By The Numbers
The justices heard just two arguments in this holiday-shortened week, one over how to apply a 1980s law concerning video rentals in the internet age and another over how much deference judges must give to agency commentary on sentencing guidelines. Here, Law360 Pulse takes a data-driven dive into the week that was at the high court.
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Dykema Adds Energy Atty, Trial Lawyer In Houston
Dykema Gossett PLLC announced Thursday that it has added two senior counsel in Houston, an oil and gas transactional lawyer who previously worked in-house for Marathon Oil and a litigator who came aboard from regional law firm MehaffyWeber PC.
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Dems Press Kirkland Again For Details Of $125M Trump Deal
A trio of congressional Democrats once again accused Kirkland & Ellis LLP of subverting their oversight requests into the $125 million deal the firm cut with the Trump administration last year.
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Law360's Legal Lions Of The Week
Schlichter Bogard LLC leads this week's edition of Law360 Legal Lions, after the full Eleventh Circuit overturned decades-old precedent that took a strict view of when federal benefits law claims could be brought in court.
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White & Case Taps 47 Partners In Largest US Class Since 2022
White & Case LLP has elevated 47 lawyers to its partnership, its largest promotion round since a record 59 lawyers became partners at the start of 2022.
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Litigation Funders' Retreat Signals Shift To Private Credit
Litigation Capital Management has become the latest funder to stop backing new cases, but its retreat might reflect a shift in how investors finance legal claims rather than waning interest in the sector.
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Jenner & Block Adds Ex-National Security Prosecutor In SF
A former federal prosecutor who started her legal career with the U.S. Department of Justice has left the public sector to join Jenner & Block LLP's San Francisco office.
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Greenberg Traurig Hires Sidley Private Funds Atty In Chicago
Greenberg Traurig LLP has hired a former Sidley Austin LLP counsel, who spent nearly a decade before her last law firm position working with Balyasny Asset Management in a range of related legal roles, the firm recently announced.
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Mayer Brown Lands 2 Sheppard FDA Partners
Mayer Brown LLP has bolstered its life sciences capabilities with two former Sheppard partners, including that firm's former U.S. Food and Drug Administration practice leader.
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Hogan Lovells Cadwalader Sets Out AI Governance, Tech Plan
Hogan Lovells Cadwalader said Friday that it has established a board to oversee the firm's use of artificial intelligence and evaluate proposals from its practice groups and sectors.
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Voir Dire: Law360 Pulse's Weekly Quiz
New data on BigLaw lateral moves and law school graduate employment made this another action-packed week for the legal industry. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Expert Analysis
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The GC's 1st 90 Days: How To Build Trust With The CEO
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.
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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.
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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.
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How Associates Can Use AI To Gain A Biz Development Edge
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.
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Law Firm AI Rollouts Depend On Buy-In, Not Bigger Budgets
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.
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Trump's EO Puts AI Agent Governance On GC Agenda
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.
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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.
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Making Legal Cents: Create Marketing Clients Find Useful
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.
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Law Firm Leaders Should Adopt Founding Fathers' Bold Ideas
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.
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The AI Ownership Question Firms Can't Afford To Skip
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.
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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.
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Legal AI Adoption Tips And Takeaways From Dot-Com Bubble
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.
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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.
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Legal Tech Talks: WordSmith AI's CEO On Shifting Mindsets
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.
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Avoiding The Changing Pitfalls Of Firm Website Redesigns
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.