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Hundreds of law firms say they are increasingly losing clients and cite problems delivering their legal services as the top reason for the attrition, according to a report released Thursday.
Sidley Austin LLP announced Thursday that five Clifford Chance LLP attorneys have joined the firm's global finance and tax practices in New York and Washington, D.C.
Maureen E. Mulholland, executive vice president and chief legal officer of auto and tire company Monro Inc., based in Rochester, New York, earned total compensation of $1.25 million in fiscal 2026, mostly thanks to increased stock awards, according to a securities filing Thursday.
Levona Holdings has urged a New York federal judge to order Reed Smith LLP and Greenberg Traurig LLP to turn over privilege logs in discovery related to the company's motion for sanctions, saying there are "reasons to doubt" the firms' privilege claims.
While general legal artificial intelligence assistants like Harvey and Legora dominate headlines, law firms are increasingly betting on practice-specific AI platforms designed for particular legal tasks.
It's time for President Donald Trump to pay a $5 million jury verdict finding he sexually abused writer E. Jean Carroll in a department store dressing room, a New York federal judge ruled on Wednesday, after the U.S. Supreme Court refused to take up the case.
It is exceedingly rare when in-house counsel snitch on their own company. But when they do, in-house whistleblowers often suffer severe consequences.
U.S. Attorney for the Southern District of New York Jay Clayton said Wednesday that President Donald Trump's pick to succeed him, James McDonald, will assume a leadership role as Clayton works on his own nomination for director of national intelligence in Washington.
Akin Gump Strauss Hauer & Feld LLP announced Wednesday that a Paul Weiss Rifkind Wharton & Garrison LLP mergers and acquisitions and private equity partner has returned to its New York office.
A New York federal judge on Wednesday denied Nadine Menendez's request to postpone her prison surrender by more than three months so she could complete breast cancer-related reconstructive surgeries, rejecting the request after a telephone conference with the parties.
After announcing their intent to merge last December, leaders from Winston & Strawn LLP and the U.K. arm of Taylor Wessing LLP embarked on a "listening road show" to help guide the visual identity of the new firm. They saw an opening to stand out from other major law firms.
K&L Gates LLP has brought on a Willkie Farr & Gallagher LLP attorney who is a former chief counsel to ex-Commodity Futures Trading Commissioner Kristin N. Johnson, the firm said Wednesday.
A New York federal court this week approved a $17.5 million settlement with American Express Co. in a lawsuit alleging that the credit card company's so-called antisteering rules caused non-Amex cardholders to pay higher charges.
Pillsbury Winthrop Shaw Pittman LLP announced on Wednesday the hiring of the former chief knowledge and innovation officer at Simpson Thacher & Bartlett LLP as its chief artificial intelligence officer.
Friedman Kaplan Seiler Adelman & Robbins LLP has hired the former global chief ethics and compliance officer at JBS Foods as a litigation and white collar defense partner, touting his combination of in-house, law firm and government experience in its announcement on Tuesday.
Charles Russell Speechlys LLP said Wednesday that it has hired a team of lawyers from Withers to establish a permanent presence in the U.S. for the first time, the next step in its international expansion strategy.
A co-founder of the global labor and employment juggernaut Ogletree Deakins Nash Smoak & Stewart PC died Monday after decades of helping shape the firm's values of honesty and transparency.
Some legal chiefs used June to spring high-level stock transactions, led by Rocket Lab's Arjun Kampani, who reported $13 million worth of deals. Broadcom's Mark Brazeal earned nearly $9.7 million in stock sales last month, while Erin Kerber of Credit Acceptance Corp. and Paul Mahon of United Therapeutics both reported selling $9 million worth of their companies' stocks.
Haynes Boone announced Monday that it has launched a firmwide initiative treating generative artificial intelligence as a "core lawyering skill," with workshops at all attorney levels administered by legal learning platform Hotshot.
Young lawyers continue to be very mobile, with roughly two-thirds of new graduates saying they have already held two or more jobs in a report released Tuesday by the National Association for Law Placement, which also found high levels of job satisfaction and large but decreasing amounts of law school debt.
A New York bankruptcy judge tossed a former Celsius Network LLC executive's lawsuit that blamed alleged oversight issues at the crypto platform on three other executives, finding that his claims belonged to Celsius and were waived under its Chapter 11 plan.
Pryor Cashman LLP said Tuesday it has continued growing its litigation group with a longtime Simpson Thacher & Bartlett LLP lawyer, who has represented "some of the most prominent names in private equity and finance," the firm said.
IBM spinoff Kyndryl Holdings Inc. said on Monday that it has appointed a longtime senior lawyer at Interpublic Group to serve as its next general counsel, following the abrupt departures of its general counsel and chief financial officer earlier this year in the aftermath of a U.S. Securities and Exchange Commission inquiry.
Simpson Thacher & Bartlett LLP announced Tuesday that a former Weil Gotshal & Manges LLP partner has joined the firm's New York office to advise clients on the U.S. tax aspects of energy and infrastructure transactions.
A group of Columbia University students who reached a settlement with the school over alleged antisemitism on campus accused Kasowitz LLP of wrongfully taking over $6 million from the deal and engaging in "self-dealing and misappropriation."
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.
Series
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.
Series
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.
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
Opinion
Law Firms Stressing Work-Life Balance Are Missing The Mark
Law firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
To avoid physical and emotional exhaustion, attorneys must respect their own and their colleagues' personal and professional boundaries, but law firms must also play a role in discouraging burnout culture — especially if they are struggling with attorney retention, say attorneys at Lowenstein Sandler.