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Debevoise & Plimpton LLP is creating a bonus pool for partners and retaining its lockstep compensation model, the firm confirmed Thursday.
Law firms are preparing for a new artificial intelligence-driven future, with leaders adjusting talent and institutional knowledge strategies to make the most of new technologies.
Mandelbaum Barrett PC has launched a formal antitrust practice to meet rising demands from clients facing federal and state antitrust enforcement efforts.
Flagstar Bank has made several leadership changes, including promoting its general counsel to chief legal officer and chief operating officer for consumer and retail banking, while he continues in his third role as chief of staff.
Law firms made up nearly 22% of all leases in the premium U.S. office market above $100 per square foot in the first quarter of 2026, according to a recent report from real estate brokerage firm Jones Lang LaSalle Inc.
Debevoise & Plimpton LLP said Thursday that it is elevating 16 lawyers to its partnership, with London and New York accounting for most of the U.S. firm's promotions round.
A former Herbert Smith Freehills Kramer associate has joined Adler & Stachenfeld as a partner and co-chair of its condominium and cooperative practice, the New York City real estate law firm announced Wednesday.
Lawyers whose clients fail to hold up their end of valid engagement agreements are clear to cease their representation, so long as certain criteria are met, according to the American Bar Association's ethics committee's latest guidance, published Wednesday.
Matthew Schwartz, a nominee for the Second Circuit, was questioned by Democratic senators Wednesday about whether his current job as the president's personal attorney while his nomination process is underway poses a conflict of interest.
A former dean of the Fordham University School of Law and Yeshiva University's Benjamin N. Cardozo School of Law is the new leader of the New York City Bar Association.
As artificial intelligence tools speed up some legal work, a panel of experts on Wednesday demonstrated that there is some agreement between law firms and clients on new billing practices and whether AI will replace lawyers.
The Second Circuit Tuesday refused to revive a racketeering lawsuit seeking up to $900 million in damages from Dentons and Boies Schiller Flexner LLP, in which the BigLaw firms were accused of misleading a former client in relation to a deal, and later arbitration, involving Senegal's state-owned energy company.
Fried Frank Harris Shriver & Jacobson LLP advised landlord Property & Building International Ltd. on tenant Baker McKenzie LLP's newly signed lease for nearly 122,000 square feet at 10 Bryant Park.
Falcon Rappaport & Berkman LLP announced the firm is now offering a business litigation service driven by artificial intelligence technology that allows clients to pay a monthly subscription for legal services in lieu of the traditional billable hour model.
Though business adversaries at times, some activist shareholders share at least one key concern with many general counsel: the growing risk that artificial intelligence poses for companies.
In pulling back the curtain on how he secured a high-stakes U.S. Supreme Court victory, renowned litigator Neal Katyal of Milbank LLP recently confessed to a strategy that many lawyers may be using but don't want to admit: adopting artificial intelligence to detect patterns in court cases and anticipate possible questions from the bench.
When planning Akerman LLP's employee retreat held once every two years, chief executive Scott Meyers quickly honed in on artificial intelligence and how he wanted the firm to think about the technology.
For some law students, the race for summer associate jobs is ending before their grades are even posted. As firms continue to move hiring earlier, recruiters say decisions are increasingly being made with limited academic information, shifting the focus toward experience, connections and perceived fit.
More than 500 law students recently shared their concerns with Law360 about succeeding as summer associates. Here, legal experts offer suggestions on how students can ace their programs this summer.
Office locations and available practice areas were the top considerations for prospective summer associates, with Kirkland & Ellis LLP retaining its position as the most coveted destination, according to Law360 Pulse's 2026 Summer Associates Survey.
A former Wachtell Lipton Rosen & Katz benefits and executive compensation partner has moved to Latham and Watkins LLP.
Simpson Thacher & Bartlett LLP announced Monday that a former Kirkland & Ellis LLP attorney has joined its banking and credit practice to focus on energy and infrastructure financing matters.
A New York federal judge Monday largely barred U.S. Immigration and Customs Enforcement from conducting arrests at three Manhattan immigration courthouses, finding there was no good reason why "unfettered discretion" by ICE officers was better than a policy with arrest limitations.
A former Willkie Farr & Gallagher LLP mergers and acquisitions attorney who earlier this month admitted to taking part in a widespread BigLaw insider trading scheme will be barred from representing a client before the U.S. Securities and Exchange Commission for a minimum of four years, according to an order the agency issued Monday.
Law360 Pulse asked attendees and speakers at the 2026 CLOC Global Institute in Chicago last week whether in-house legal departments will rely less on outside law firms when they use artificial intelligence tools. Here is what they had to say.
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.