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A New York federal judge on Tuesday rejected Reed Smith LLP's latest effort to intervene on behalf of the purported former owners of international shipping company Eletson Holdings in Eletson's $102 million breach-of-contract litigation with rival Levona, saying the firm can't represent the holding company post-bankruptcy "by repeated incantation."
Multiple firms swiftly fell in line Tuesday evening just hours after Cravath Swaine & Moore LLP announced associate bonuses in line with those offered last year, continuing a long tradition of BigLaw firms following Cravath's lead on compensation.
In its first partner class since the merger of Troutman Pepper Hamilton Sanders LLP and Locke Lord LLP at the beginning of the year, the newly combined Troutman Pepper Locke announced Tuesday it would be elevating 20 attorneys to the firm's partnership in January.
Eighty-three percent of U.S. and Canadian associates receive a yearly annual review, but there is room for improvement in how law firms evaluate their attorneys' performance, according to a new study.
New York Attorney General Letitia A. James has told a Virginia federal court to dismiss the U.S. government's indictment of her, calling it "patently unconstitutional" and "outrageous conduct."
The District Attorneys Association of the State of New York said in a letter to Gov. Kathy Hochul on Tuesday that its offices across the state are experiencing a "recruitment and retention crisis," requesting $5 million in funding for a program to address it.
The primary factor determining whether a law firm associate receives a year-end bonus is not individual performance, firm performance, or firm citizenship. Instead, it is the number of billable hours they've logged, according to the results of a new survey from Law360 Pulse.
The nonequity partner tier is expanding across law firms, but compensation within this group varies widely, ranging from associate-level pay to earnings on par with equity partners. A deciding factor in where they fall on the scale, experts say, is often who brings in the clients.
Most lawyers say they’re satisfied with their compensation— but at firms that are open about pay, satisfaction nearly doubles. Explore our latest analysis of law firm compensation practices and what drives top talent.
New York beat back a federal lawsuit challenging the state's policy barring immigration officials from arresting people near its courthouses, after a federal judge rejected the U.S. Department of Justice's preemption claims.
Perkins Coie LLP's ongoing fight with the Trump administration did not deter a proposed combination with British law firm Ashurst, signaling that the legal community is not worried about fallout from the president's suspension of the firm's security clearances.
Davis Polk & Wardwell LLP announced that its mergers and acquisitions group has added a former Proskauer Rose LLP attorney who will also lead the firm's sports practice.
Oil and gas giant Shell is urging a New York state court to vacate an international arbitration award issued to a liquefied natural gas firm, saying the arbitral hearing revealed that the American producer and exporter withheld key documents in the parties' fight over LNG cargo shipments.
Increasing demand and especially rising billing rates have made for a strong first nine months of 2025 for the legal industry, according to a report released Monday by Wells Fargo's Legal Specialty Group, with the top 50 firms by revenue seeing the best performance.
Public reporting on the race and gender of board members is plummeting across corporate America, as the number of women directors starts to decline and racial diversity plateaus, according to a new report from The Conference Board.
The merger announced Monday between British legal giant Ashurst LLP and American law firm Perkins Coie LLP is the latest in a spate of deals driven, in part, by an appetite among global firms to gain a strong presence in the U.S.
An attorney who accused Debevoise & Plimpton LLP of unlawfully refusing to rehire him because he took protected medical leave has urged a New York federal court not to dismiss his suit or send it before an arbitrator, arguing an arbitration provision in an earlier settlement does not apply to new claims.
The U.K.'s Ashurst LLP and U.S.-based Perkins Coie LLP said Monday that they have agreed to merge to form a new firm with combined revenue of $2.7 billion, the latest in a string of transatlantic law firm tie-ups.
Potter Anderson's representation of Pfizer in a suit against Novo Nordisk and Burr & Forman's work on a $500 million joint partnership lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Oct. 31 to Nov. 14
McDermott Will & Schulte's confirmation that it is considering taking investment from private equity is part of a wider wave of law firms of all sizes actively exploring the novel maneuver amid mixed opinion as to whether it makes sense for BigLaw.
McGlinchey Stafford PLLC announced that it has made four internal promotions to leadership positions, including chief information officer and three newly created roles.
The U.S. attorney's office for the Northern District of New York has agreed to defend the U.S. Department of Justice against a lawsuit from former FBI Director James Comey's daughter over what she calls her illegal firing, that office informed a New York federal judge this week.
Sidley Austin LLP and Orrick Herrington & Sutcliffe LLP lead this week's edition of Law360 Legal Lions, after a Washington federal jury cleared Novo Nordisk of allegations that it defrauded the state's Medicaid and Medicare systems by paying kickbacks and promoting off-label use to illegally boost prescriptions of its hemophilia drug NovoSeven.
Harris Beach Murtha Cullina PLLC has grown two of its New York offices with a trusts and estates attorney from Pierro Connor & Strauss LLC and an employee benefits specialist who previously worked in-house with financial planning firm Northern Trust.
The legal industry had another busy week with more lateral hires and leadership changes, and one BigLaw firm exploring private equity investments.
Before landing a published quote, feature or interview, law firms should articulate the content’s purpose and develop a strategic plan for repurposing it to ensure they’re aligning public relations efforts with measurable business outcomes, says John Hellerman at Hellerman Communications.
Julie LaEace at Perkins Coie offers tips for attorneys acting as pro bono coordinators, including how to choose appropriate projects, how to encourage participation and why it is important to keep in touch with legal aid partner organizations.
Amid uncertainty in the legal job market, attorneys who are considering a transition to a leadership role must fundamentally reimagine their approach to value creation and develop a new set of skills, say Stacy Bratcher at Cottage Health and Michael Watkins at Genesis Advisers.
As the legal industry increasingly looks to impose responsive guardrails for artificial intelligence use, firms and organizations’ internal use policies, outside counsel guidelines and vendor contracts can address confidentiality and data retention concerns in several ways, say attorneys at KXT Law.
Firms can develop a strong pro bono culture without hiring dedicated professionals through strategies like demonstrating active involvement by leadership, tailoring volunteer tasks to individual professional development needs and building trusted partnerships within the legal aid community, says Stacy Zinken at Paladin.
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Biz Development Tip Of The Month: Extend Your Content's Life
Attorneys often limit the impact of their thought leadership by letting their content languish after initial publication, but through four easy strategies for retooling existing content, they can maximize its reach and further their business development goals, says Jillian McKenna at Verrill Dana.
As the student debt crisis evolves under changing federal policies, firms that proactively address the burden will have significant advantages in recruiting and retaining the best young lawyers, says Brian Kabateck at Kabateck.
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Talking Mental Health: Encouraging New Attys To Find Joy
Rudene Haynes at Hunton discusses her experiences as a hiring partner, common sources of stress that newer attorneys face and steps that law firms can take to protect their attorneys' mental health and encourage personal life fulfillment.
The incident response plan developed by the Florida Bar's cybersecurity and privacy committee might not seem all that consequential, but it's a long overdue framework that could go a long way toward protecting the highly sensitive data law firms handle — and could even set a model for other professional organizations to follow, says Chris Boehm at Zero Networks.
Justice Ketanji Brown Jackson’s searing dissents this past term serve as a reminder for attorneys to analyze U.S. Supreme Court minority opinions in their thought leadership for three key reasons, says Jessica Kaplan at Legally Penned.
Mozart’s opera “The Magic Flute” offers a useful framework for attorneys to build relationships and develop new business, inspired by Prince Tamino’s curiosity, courage and consistency, says Paul Manuele at PR Manuele Consulting.
As in-house legal departments are increasingly expected to do more with less, developing a thoughtful framework to measure key performance indicators can help them both maximize and demonstrate their contribution to business success, say co-founders at New Era ADR.
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Defining The Culture For A Legal Nonprofit
We co-founded The International Academy of Financial Crime Litigators to connect leading trial lawyers, litigation experts and academics, and our experience has shown that embracing opportunity, responding fearlessly to market realities, and relentlessly defining the organization’s culture have all been integral to success, say Stéphane Bonifassi, Lincoln Caylor and Elizabeth Ortega.
A few key trends have arisen in partners’ lateral movements in the first half of 2025, reflecting a legal market defined by macroeconomic uncertainty, shifts in firm structures and rising scrutiny of firm affiliations, say legal recruiters at Macrae.
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Biz Development Tip Of The Month: Be A Mentor Or Mentee
Mentorship is a powerful tool for business development when both mentors and mentees approach their relationships with strategic purpose, ensuring professional success while supporting broader business goals, say Angela Liu at Dechert and Jessica Lewis at WilmerHale.