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Alternative asset manager Aperture Investors is expanding its litigation finance platform to $1 billion in total investment capacity, mostly deployed as direct loans to plaintiffs firms.
Texas-based trial boutique Reid Collins & Tsai LLP is planning to dole out a third round of bonuses for the year to associates, raising their total bonus pay to between $130,000 and $170,000 on the year so far, with another round expected later in 2026.
An immigration attorney who forfeited her Washington state license is seeking to narrow ex-clients' lawsuit accusing her of falsely promising to perform miracles for them and mishandling their cases, arguing the plaintiffs have recast legal malpractice allegations as a "sprawling racketeering enterprise."
A Texas law firm has withdrawn from consideration for a $150 million award from the U.S. Department of Health and Human Services to provide legal services to unaccompanied migrant children in government custody.
A New Jersey federal court has prohibited an attorney from serving as class counsel in his proposed class action accusing a group of financial services companies of running a scheme driven by high commissions and undisclosed conflicts of interest, saying the suit can only be refiled if new class counsel is brought in.
Thomas Goldstein has unveiled an experienced lineup of appellate lawyers he'll turn to in his bid to overturn 12 tax and mortgage fraud convictions, featuring several attorneys with extensive U.S. Supreme Court experience.
The Georgia Supreme Court has disbarred two attorneys for mishandling client matters involving bankruptcy, custody of children and personal injury, and accepted a third attorney's voluntary surrender of his license, which the court said is tantamount to disbarment, after he pled guilty to aggravated assault.
Fox Rothschild LLP has escaped a New Jersey state lawsuit brought by a couple who alleged it tried to collect high-interest loans they were unlawfully steered into taking out from the firm's litigation funder client during a lawsuit over a car crash.
New York litigation boutique Hecht Partners LLP announced on Monday that it had added three experienced intellectual property attorneys.
The U.S. Department of Health and Human Services said Monday that a small law firm in Houston had not yet been tapped for a sole-source grant worth up to $150 million to provide legal services to unaccompanied migrant children in government custody.
Los Angeles cannabis entrepreneurs are suing their former attorney for legal malpractice in California state court, claiming that she caused the permanent end of their $5.7 million fire damage lawsuit against a landlord who they say allowed a "local transient" to start a fire on a neighboring property.
A Baltimore woman is accusing a California-based attorney and her firm of illegally withholding thousands of dollars from opioid victims' Purdue Pharma settlement payments in a new class action filed Sunday in Maryland federal court.
Ellenoff Grossman & Schole LLP is exploring taking on outside capital via a managed services organization to invest in technology and expand headcount, a firm co-founder confirmed Monday.
Illinois Gov. JB Pritzker has signed into law a bill designed to target nonlawyer ownership of law firms, outlawing fee sharing with out-of-state alternative business structures and attempting to place restrictions on law firms' use of managed services organizations.
Sanctions imposed last year over the misuse of artificial intelligence in the Northern District of Mississippi are sufficient punishment for separate AI flubs entered in a different case around the same time in Mississippi's Southern District, a federal judge has ruled.
Baker Donelson Bearman Caldwell & Berkowitz PC has added the owner and attorney for the Law Office of Cheryl Geiser LLC in its Atlanta office, strengthening the firm's immigration practice and labor and employment group.
A Pennsylvania federal judge has ruled that Simon & Simon PC can redact the identities of certain personal injury claimants and compensation paid to referral attorneys as it defends claims lodged by Uber and FedEx accusing the firm of a medical records falsification scheme meant to boost injury claims.
A Connecticut appeals court held Friday that an attorney who successfully challenged his 90-day suspension was not entitled to dismissal of a related order forfeiting the contents of his trust account, leaving the dispute ready for the Connecticut Supreme Court to weigh in again.
Growing Pennsylvania firm Mette Attorneys at Law has tapped a professional with more than 20 years of experience guiding business development strategies for companies as the firm's new operations director.
A booming stock market has buoyed the overall net assets for the American Bar Association, keeping the organization's balance sheet in the black following the Trump administration's cancellation last year of millions of dollars in grants.
Motley Rice LLC leads this week's edition of Law360 Legal Lions, after a New Mexico judge ordered Meta Platforms to create a $567 million abatement fund and take additional measures to protect its youngest users.
Wallace & Allen LLP has hired an attorney with more than 15 years of in-house legal experience as the first managing partner of the firm's office in Houston.
The legal industry kicked off August with leadership changes at the American Bar Association and a flurry of attorney moves. Test your legal news savvy here with Law360 Pulse's weekly quiz.
A former Girardi Keese attorney was sentenced to one day time-served and two years of probation Thursday for staying quiet and failing to report disgraced plaintiff's attorney Tom Girardi's theft of millions of settlement dollars owed to Lion Air Flight 620 plane crash victims.
Prurient revelations, brash recriminations and purportedly glaring judicial errors in Tom Goldstein's criminal case have captivated the appellate bar for nearly 19 months, and many of those moments will be center stage in the star attorney's imminent appeal.
To ensure that lateral partners effectively integrate their books of business, firms should design a structured transition plan based on a few fundamentals, from tracking the right data to implementing meaningful incentives, says Lana Manganiello at Practice Growth Partner.
As law firms continue to wrestle with return-to-office policies, many are being pulled toward one or the other of two extremes: the rigidity of a five-day in-office schedule and the laissez-faire approach of a flexible three-day hybrid model — but a four-day in-office workweek may be the sweet spot, says Paul Manuele at PR Manuele Consulting.
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
Series
Biz Development Tip Of The Month: Prioritize Connections
One reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
Roundup
Biz Development Tip Of The Month
This year, experts shared 12 actionable strategies on building business in today's competitive legal market, from prioritizing human connections to maximizing the impact of thought leadership.
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.
Corporate Transparency Act challenges pushed our firm to develop an in-house compliance solution, and for firms exploring similar initiatives, the keys are to build consensus, foster collaboration and remain adaptable to change, says David McCarville at Fennemore Craig.
Series
Talking Mental Health: Caring For Everyone As A Firm Leader
Reid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.
LinkedIn has several features law firms can use to showcase their capabilities and thought leadership to reach prospective and existing clients, including the Event and Live features, says Sofia Millar at Reputation Ink.
Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.