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AI Native Firms Gain Foothold In Changing Legal Industry
"AI native" law firms are a growing phenomenon sitting at the intersection of artificial intelligence and rising tide of outside investment in the legal industry, aiming to use legal technology to automate work and overhaul the law firm business model — while doing away with the billable hour in the process.
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Broadfield Adds Corporate Partners From Sidley, Cooley In NY
Broadfield announced Thursday that two former BigLaw attorneys have joined the firm as partners in its U.S. corporate practice in New York.
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Hogan Lovells Cadwalader Logo Looks To History, Credibility
Last month, Hogan Lovells and Cadwalader Wickersham & Taft LLP pulled back the curtain on how their leaders are thinking about the firms' combination.
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Legal Startup Norm Ai Signs One World Trade Center Lease
Legal and compliance startup Norm Ai has signed a lease for 64,313 square feet at One World Trade Center in New York City, with the space also serving as the headquarters for its law firm offshoot Norm Law LLP, according to a recent announcement from the Durst Organization and the Port Authority of New York and New Jersey.
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Sports Platform Underdog Hires Legal Chief From Crypto.com
The former law chief at cryptocurrency exchange company Crypto.com has landed the chief legal officer role at Underdog, the fantasy betting website, as it expands its U.S. Commodity Futures Trading Commission‑regulated sports prediction markets.
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Toss Of Ex-Shkreli Atty's Deal May Be Error, 2nd Circ. Hints
A Second Circuit judge hinted Thursday that a trial judge may have erred in rejecting a retirement-fund garnishment deal that would have protected Martin Shkreli's convicted former lawyer from a potential $1 million "punitive tax event."
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Grunfeld Desiderio Adds Senior CBP Litigator As NY Partner
Grunfeld Desiderio Lebowitz Silverman & Klestadt LLP has added a top U.S. Customs and Border Protection lawyer as a partner in New York, the customs and international trade law firm has announced.
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Trump Wants Time For Justices To Review Carroll Verdict
President Donald Trump has asked the Second Circuit to delay enforcement of the $83.3 million verdict against him for defaming writer E. Jean Carroll while he appeals the appellate court's en banc refusal to rehear his appeal, noting that Carroll does not oppose the delay as long as he pays interest if it's upheld.
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DLA Piper Names 62 New Partners, Including 24 In US
DLA Piper announced Wednesday that 62 attorneys have joined its global partnership ranks, as of May 1, with the U.S. logging more promotions to partner than other regions, with 24 total.
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Which GCs Sold Stock In April? Venture Global And More
April showered some legal chiefs with stock sale profits, and Keith Larson at Venture Global soaked up $13.9 million last month. Meanwhile, Paul Mahon at United Therapeutics wiped up $9.5 million, and Chevron's R. Hewitt Pate reported earning $8.57 on his sales.
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McDermott Is Cutting Its Associate Ranks
McDermott Will & Schulte is downsizing its associate ranks less than a year after the firm was created via a combination of legacy firms McDermott Will & Emery and Schulte Roth & Zabel, the law firm confirmed Wednesday.
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Curiam Capital Atty Launches New IP Litigation Funding Firm
A former managing director at litigation funder Curiam Capital has launched his own boutique, focused on funding and underwriting for intellectual property litigation, he announced this week.
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Scarinci Hollenbeck Adds 4 Lawyers In NJ, NY Growth Push
Scarinci Hollenbeck LLC has announced a slate of attorney hires, with two partners, a counsel and a senior associate adding to its bench in bankruptcy, corporate transactions, litigation and other practice areas.
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Dilworth Paxson Hires Real Estate Trio From Commercial Firm
Midsize northeastern firm Dilworth Paxson LLP has announced it has hired three attorneys from corporate and commercial law firm Scarinci Hollenbeck LLC, saying their hires "[strengthen] the firm's capabilities in complex commercial real estate transactions, leasing, and related litigation."
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Feds Say Stolen BigLaw Deal Info Aided Huge Trading Scheme
Federal prosecutors on Wednesday unveiled indictments outlining a massive insider trading scheme that allegedly netted tens of millions of dollars using nonpublic information about mergers and acquisitions worked on by some of the nation's biggest law firms.
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The Law School Legal Industry Job Tracker: Class Of 2025
Want to know which schools are sending the highest percentage of graduates to BigLaw? How big a slice are landing those prized clerkships in federal or state courts? Explore the ins and outs of law school graduate placement in our interactive graphic.
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The Top Law Schools For Legal Industry Jobs: A Data Review
A law degree can lead to careers across law firms, government, business and public interest, according to the latest ABA data. See which schools stand out for placing graduates in BigLaw, federal and state clerkships, public interest roles and more.
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Aiming For BigLaw? These Schools Deliver
Law school students continue to set their sights on law firm jobs post-graduation, with interest in BigLaw roles holding strong. Here's a look at how those preferences are playing out and which schools are sending the highest percentage of graduates directly to BigLaw.
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Cooley Launches Energy Group With Baker Botts Partner
Cooley LLP announced Wednesday that it is launching an infrastructure, energy and real estate group with a New York partner from Baker Botts LLP who advises on global energy and infrastructure projects.
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Firm Leaders Report Rising Rates Fueling Client Churn
While rate increases are the primary driver of law firm revenue, legal leaders also fear those price hikes are leading to client churn, according to a report released Wednesday by marketing technology platform Passle.
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Court Rule Changes Uncertain After Few Deepfake Challenges
Very few federal judges have handled challenges to audiovisual evidence that litigants claim has been faked by artificial intelligence, raising questions about whether changes to the rules of evidence are actually necessary.
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AY Strauss Merges With New Jersey Boutique, Adds 3 Attys
A.Y. Strauss has added a second New Jersey office and three attorneys to its roster after a recent merger with boutique firm Newman Simpson & Cohen LLP.
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EEOC Sues NY Times For Not Promoting White Editor
The U.S. Equal Employment Opportunity Commission filed a suit Tuesday claiming The New York Times violated civil rights law when it passed over a white man for a promotion to a deputy editor position.
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Taft Brings Seward Gov't Practice Chair To New NYC Office
Less than a month after launching in New York City, Taft Stettinius & Hollister LLP announced Tuesday that its newest office has brought on a former federal prosecutor who most recently chaired Seward & Kissel LLP's government enforcement and investigations practice.
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Freshfields Adds Skadden White Collar Lawyer In DC, NY
Freshfields LLP has hired a Skadden Arps Slate Meagher & Flom LLP white collar defense lawyer, who spent years working as a federal prosecutor investigating corporate financial crime, international money laundering and other related matters.
Expert Analysis
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How Firms Can Stop Playing Whack-A-Mole With Data Security
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In order to achieve a robust client data protection posture, law firms should focus on adopting a risk-based approach to security, which can be done by assessing gaps, using that data to gain leadership buy-in for the needed changes, and adopting a dynamic and layered approach, says John Smith at Conversant Group.
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5 Life Lessons From Making Partner As A Solo Parent
Laranda Walker at Susman Godfrey, who was raising two small children and working her way to partner when she suddenly lost her husband, shares what fighting to keep her career on track taught her about accepting help, balancing work and family, and discovering new reserves of inner strength.
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Series
Ask A Mentor: How Can I Turn Deferral To My Advantage?
Diana Leiden at Winston & Strawn discusses how first-year associates whose law firm start dates have been deferred can use the downtime to hone their skills, help their communities, and focus on returning to BigLaw with valuable contacts and out-of-the-box insights.
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Resume Gaps Are No Longer Kryptonite To Your Legal Career
Female attorneys and others who pause their careers for a few years will find that gaps in work history are increasingly acceptable among legal employers, meaning with some networking, retraining and a few other strategies, lawyers can successfully reenter the workforce, says Jill Backer at Ave Maria School of Law.
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Law Firm Guardrails For Responsible Generative AI Use
ChatGPT and other generative artificial intelligence tools pose significant risks to the integrity of legal work, but the key for law firms is not to ban these tools, but to implement them responsibly and with appropriate safeguards, say Natalie Pierce and Stephanie Goutos at Gunderson Dettmer.
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Opinion
We Must Continue DEI Efforts Despite High Court Headwinds
Though the U.S. Supreme Court recently struck down affirmative action in higher education, law firms and their clients must keep up the legal industry’s recent momentum advancing diversity, equity and inclusion in the profession in order to help achieve a just and prosperous society for all, says Angela Winfield at the Law School Admission Council.
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Law Firms Cannot Ignore Attorneys' Personal Cybersecurity
Law firms that fail to consider their attorneys' online habits away from work are not using their best efforts to protect client information and are simplifying the job of plaintiffs attorneys in the case of a breach, say Mark Hurley and Carmine Cicalese at Digital Privacy and Protection.
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Why Writing CLE Should Be Mandatory For Lawyers
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Though effective writing is foundational to law, no state requires attorneys to take continuing legal education in this skill — something that must change if today's attorneys are to have the communication abilities they need to fulfill their professional and ethical duties to their clients, colleagues and courts, says Diana Simon at the University of Arizona.
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How To Find Your Inner Calm When Client Obligations Pile Up
In the most stressful times for attorneys, when several transactions for different partners and clients peak at the same time and the phone won’t stop buzzing, incremental lifestyle changes can truly make a difference, says Lindsey Hughes at Haynes Boone.
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Series
Ask A Mentor: How Can I Support Gen Z Attorneys?
Meredith Beuchaw at Lowenstein Sandler discusses how senior attorneys can assist the newest generation of attorneys by championing their pursuit of a healthy work-life balance and providing the hands-on mentorship opportunities they missed out on during the pandemic.
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Law Firm Cybersecurity Should Not Get Lost In The Cloud
A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.
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Advice For Summer Associates Uneasy About Offer Prospects
There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.
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How Law Firms Can Cautiously Wield AI To Streamline Tasks
Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.
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Keys To Managing The Stresses Of Law School
Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.
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Can Mandatory CLE Mitigate Implicit Bias's Negative Impacts?
Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.