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Legal Rates Surge Moderates, But Pressure Remains High

By Michele Gorman

As legal departments face mounting pressure to manage costs, increases in hourly billing rates from law firms appear to be moderating, with the first few months of 2025 presenting a snapshot of this reality, according to a recent report from Wolters Kluwer's ELM Solutions.

person holding exit door Sullivan & Cromwell Sees NY Exits As It Grows In London
portrait of a smiling Asian woman with long brown hair Ex-Target Legal Chief To See $3M In 'Income Continuation' Pay
A group of five professionals posing in a modern office. A man with white hair sits in a chair in the center, while a woman in a black top and red skirt and three men in suits stand around him next to a large vase of colorful flowers. This 100-Year-Old New York Firm's Secret? No Nepo Babies
Close-up of a person in a suit extending a finger to touch a glowing digital icon of three people, with network lines and small light nodes in the background Pierson Ferdinand Adds 8 Partners Across 6 Markets
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    California Pulse

    The Top In-House Hires Of August

    By Sue Reisinger

    Legal department hires in the last month included high-profile appointments at the Association of Corporate Counsel, GE Vernova, and a California legal legend joining an AI startup named Anthropic. Here, Law360 Pulse looks at some of the top in-house announcements from the past few weeks.

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    Mid-Law

    Real Estate Trio Join Winstead In NY, Nashville

    By Adrian Cruz

    Texas firm Winstead PC announced Tuesday that three experienced real estate attorneys have joined its real estate practice as shareholders based in Nashville, Tennessee, and New York.

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    Daily Litigation

    Goodwin Adds Sidley Atty To Lead Shareholder Activism Team

    By Christine DeRosa

    Goodwin Procter LLP has tapped a Sidley Austin LLP partner to lead its shareholder activism and takeover defense practice, the firm announced Tuesday.

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    Courts

    Moldova's Anti-Corruption Chief Returns To Jones Day

    By Jack Rodgers

    The top anti-corruption prosecutor for the Republic of Moldova, who supervised the investigation and prosecution of more than 700 anti-corruption matters there, has returned to the U.S. and Jones Day, the firm where she started her legal career nearly a decade ago, Jones Day announced Tuesday.

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    California Pulse

    2 Attorneys Return To Weil From Latham, Norton Rose

    By Tracey Read

    Weil Gotshal & Manges LLP announced Tuesday that it has continued its boomerang hiring streak with the addition of two partners who began their legal careers at the firm, including another intellectual property lawyer from Latham & Watkins LLP.

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    Courts

    Pillsbury Continues International Trade Growth With DOJ Alum

    By Andrea Keckley

    Pillsbury Winthrop Shaw Pittman LLP is continuing the rapid expansion of its international trade team, announcing Tuesday that it has hired a former U.S. Department of Justice attorney who most recently served as the chief of the National Security Division's export control section.

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    DC Pulse

    HHS Office Of Inspector General Leader Joins Arnold & Porter

    By Jack Rodgers

    A longtime attorney with the U.S. Department of Health and Human Services' Office of Inspector General, who was nominated to be inspector general of the U.S. Department of Commerce by former President Joe Biden, has joined Arnold & Porter Kaye Scholer LLP, the firm announced Tuesday.

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    Daily Litigation

    Hunton Brings On Former Texas Assistant Solicitor General

    By Lynn LaRowe

    Hunton Andrews Kurth LLP announced Tuesday that it has added a leader for its appellate practice in the Lone Star State, a former Texas assistant solicitor general who arrives from energy law firm Davis Gerald & Cremer PC.

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    Modern Lawyer

    NLRB Atty Joins Blank Rome's Labor Group In Philadelphia

    By James Boyle

    An attorney who spent the first 15 years of his legal career working with National Labor Relations Board has recently moved into private practice and joined Blank Rome LLP's growing labor team.

  • Older man with white hair and tortoise-shell eyeglasses, wearing a dark suit jacket, blue shirt, and a red dotted tie, smiling in front of a light gray background.

    Modern Lawyer

    Co-Founder Of Dentons' Pittsburgh Office Dies At 84

    By James Boyle

    The co-founder of Pittsburgh's Cohen & Grigsby, which became one of the city's largest law firms when it joined forces with Dentons, died this week.

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