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Some midsize, regional and boutique firms are using their lower rates to attract both clients and lateral attorneys against the backdrop of spiraling BigLaw rates, though there are definite limits to the strategy.
Lawyers who orchestrate massive transactions make up the lion's share of attorneys charging top-tier rates that have broken far away from average billing rates for law firm partners in recent years, experts say.
President Donald Trump said on Monday he would file a lawsuit to counter the blue-slip policy, the de facto veto for home state senators on district court and U.S. attorney nominees.
The wife of former U.S. Sen. Robert Menendez on Friday urged a New York federal judge to sentence her to just one year and one day behind bars, a request backed up by her husband, who said he regretted what his own lawyers said about her during his trial.
A coalition of 21 attorneys general Friday issued an open letter saying the U.S. Department of Justice is investigating New York Attorney General Letitia James and condemning the probe as political payback for the financial fraud claims she pursued against President Donald Trump and his New York-based businesses.
The new owner of international shipping company Eletson has asked a New York federal judge to vacate a $102 million arbitral award issued in a dispute with competitor Levona, saying the award is based on a "fiction" perpetuated by the company's former owners as assisted by their Reed Smith LLP counsel.
Sixty percent of more than 200 general counsel at portfolio companies are planning to look for new roles this year, and salary hikes across industries remain generally conservative, according to a new report from in-house legal and compliance advisory firm BarkerGilmore LLC.
Wiley Rein LLP's work on a $3.65 billion telecommunications merger and Milberg Coleman Bryson Phillips Grossman PLLC's pursuit of privacy claims against a health and wellness app lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Aug. 8 to 22.
DLA Piper has added a longtime Goodwin Procter LLP partner to its emerging growth and venture capital practice in New York, the firm announced.
Morgan Lewis & Bockius LLP, Hunton Andrews Kurth LLP and Jackson Lewis PC lead this week's edition of Law360 Legal Lions, after the Fifth Circuit upheld injunctions barring the National Labor Relations Board from prosecuting unfair labor practice cases against SpaceX and two other companies.
Texas attorney Tony Buzbee's request to shut down a federal lawsuit in Alabama based on a state trial court's dismissal of a different action in California related to sexual abuse allegations connected to Sean "Diddy" Combs is a "desperate attempt to evade accountability," rapper Shawn "Jay-Z" Carter has argued.
The former co-head of Holland & Knight LLP's renewable energy team has joined Pillsbury Winthrop Shaw Pittman LLP as a partner in New York.
Cleveland-based law firm Benesch Friedlander Coplan & Aronoff LLP announced Thursday the hiring of a former McDermott Will & Emery partner for its corporate practice out of New York.
Employment and white collar boutique Harris St. Laurent & Wechsler LLP has added the co-founder of New York City boutique Taylor & Cohen LLP to bolster its commercial litigation practice.
This was another action-packed week for the legal industry as U.S. firms expanded their practice offerings with new talent across the country. Test your legal news savvy here with Law360 Pulse's weekly quiz.
National private equity law boutique Massumi & Consoli LLP has relocated its New York office to a substantially larger space in Midtown Manhattan overlooking Bryant Park.
Mid-Law firm Tarter Krinsky & Drogin LLP announced an expansion of its construction practice with a counsel from Offit Kurman Attorneys At Law this week.
The majority of surveyed attorneys feel ready to meet client demands regarding artificial intelligence, according to survey results released Thursday by legal professionals network Best Lawyers.
A divided New York state appeals court panel on Thursday tossed a nearly $500 million civil fraud penalty against President Donald Trump and his sons, companies and their executives, ruling that the fine was "excessive," but kept in place a judge's finding of liability.
A former top aide to New York City Mayor Eric Adams on Thursday was hit with a slew of new bribery charges, with Manhattan District Attorney Alvin Bragg saying she engaged in a "wide-ranging series" of conspiracies alongside her son and others in the city.
State bar associations and state supreme courts have to reimagine the rules governing the unauthorized practice of law if artificial intelligence is going to help close the justice gap, according to a new paper out Wednesday.
Less than a month after announcing it had grown its ranks by 8% with the addition of 13 attorneys in three states, Nutter McClennen & Fish LLP said earlier this week that it has hired a New York-based tax attorney from Fox Horan & Camerini LLP.
DLA Piper announced another addition to its investment funds practice from Kirkland & Ellis LLP on Tuesday, this time a New York-based partner with a range of multibillion-dollar matters under his belt.
A New York City recidivist fraudster convicted of fleecing inmates' families by charging them for unauthorized legal filings got new counsel on Wednesday, after a Manhattan federal judge said she thinks he is "playing games" ahead of a potentially long sentence.
AlphaSense, a New York-based artificial intelligence search and market intelligence platform, has hired a Goldman Sachs attorney as its first chief compliance officer.
Most legal professionals lack understanding of the macroeconomic trends unique to the legal industry, like the rising cost of law school and legal services, which contributes to an unfair and inaccessible justice system, so law school courses and continuing legal education requirements in this area are essential, says Bob Glaves at the Chicago Bar Foundation.
While the American Bar Association's recent amendments to its law school accreditation standards around student well-being could have gone further, legal industry employers have much to learn from the ABA's move and the well-being movement that continues to gain traction in law schools, says David Jaffe at the American University Washington College of Law.
Series
Ask A Mentor: How Do I Build Rapport In New In-House Role?Tim Parilla at LinkSquares explains how new in-house lawyers can start developing relationships with colleagues both within and outside their legal departments in order to expand their networks, build their brands and carve their paths to leadership positions.
Piper Hoffman and Will Lowrey at Animal Outlook lay out suggestions for attorneys to maximize the value of their pro bono efforts, from crafting engagement letters to balancing workloads — and they explain how these principles can foster a more rewarding engagement for both lawyers and nonprofits.
Opinion
NY Bar Admission Criminal History Query Is Unjust, IllegalNew York should revise Question 26 on its bar admission application, because requiring students to disclose any prior interaction with the criminal justice system disproportionately affects people of color, who have a history of being overpoliced — and it violates several state laws, says Andrew Brown, president of the New York State Bar Association.
Lawyers can use LinkedIn to strengthen their thought leadership position, generate new business, explore career opportunities, and better position themselves and their firms in search results by writing a well-composed, optimized summary that demonstrates their knowledge and experience, says Guy Alvarez at Good2bSocial.
Imposter syndrome is rampant in the legal profession, especially among lawyers from underrepresented backgrounds, leading to missed opportunities and mental health issues — but firms can provide support in numerous ways, and attorneys can use therapeutic strategies to quiet their inner critic, says Helen Pamely at Rosling King.
In 2022, partners considering lateral moves have new priorities, and firms that hope to recruit top talent will need to communicate their strategy for growth, engage on hot issues like origination credit and diversity initiatives, and tailor their integration plans toward expanding partners’ client base, says Gloria Sandrino at Lateral Link.
Lawyers are experiencing burnout on a massive, unprecedented scale due to the pandemic, but law firms and institutional players can and should make a difference by focusing on small, practical solutions that protect their attorneys’ most precious personal resource and professional commodity — time, says Chad Sarchio, president of the District of Columbia Bar.
Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.
Series
Ask A Mentor: How Can I Ace My Upcoming Annual Review?Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.
In order to be perceived as prestigious by clients and potential recruits, law firms should take their branding efforts beyond designing visual identities and address six key imperatives to differentiate themselves — from identifying intangible core strengths to delivering on promises at every interaction, says Howard Breindel at DeSantis Breindel.
Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.
Series
Ask A Mentor: How Can I Successfully Switch Practices?Associates who pivot into new practice areas may find that along with the excitement of a fresh start comes some apprehension, but certain proactive steps can help tame anxiety and ensure attorneys successfully adapt to unfamiliar subjects, novel internal processes and different client deliverables, say Susan Berson and Hassan Shaikh at Mintz.
Amid demands from clients and prospective hires for greater sustainability efforts, law firms should think beyond reusable mugs and create programs that incorporate clear leadership structures, emission tracking and reduction goals, and frameworks for reporting results, says Gayatri Joshi at the Law Firm Sustainability Network.