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Spending on outside counsel will rise 6.9% in 2025, the largest increase in 10 years, according to a report Thursday from BTI Consulting Group, which forecasts that litigation spending will see the biggest jumps and that practice areas including labor and employment and mergers and acquisitions will also see large spending increases.
The integration of generative AI is fundamentally transforming how legal professionals manage their daily tasks, with many anticipating that these AI-driven efficiencies will lessen the reliance on billable hours, according to a survey report posted Thursday.
The U.S. Securities and Exchange Commission's Hester Peirce on Wednesday detailed her vision for a compliance advisory committee that would give the agency a way to collect and evaluate concerns about new rules from in-house compliance staff.
The new chief legal officer at San Jose, California-based eBay Inc. quit law school to pursue a career in acting, but when that turned out not to be the dream job Samantha Wellington envisioned, she returned to law.
OpenAI Inc. has brought on Uber Technologies Inc.'s chief ethics and compliance officer to head up its compliance department as it works to "build on [its] ongoing efforts to responsibly advance AI," the company said Tuesday.
Memphis, Tennessee-based First Horizon Corp. announced that a Baker Donelson Bearman Caldwell & Berkowitz PC partner has been hired as the company's deputy general counsel, adding that he will be elevated to general counsel at the start of 2025.
Stradling Yocca Carlson & Rauth PC has added a former fintech general counsel and U.S. Securities and Exchange Commission attorney, reinforcing the firm's offerings for companies facing enforcement investigations or grappling with other compliance issues.
Arxada and its general counsel struck back at a former in-house attorney's claims in a New Jersey state court lawsuit that the specialty chemicals company unlawfully dismissed her in the days after she talked about taking leave to recover from a miscarriage.
For global tech startup Matillion, hiring a new head of legal resulted in the company replacing its contract lifecycle management, or CLM, tool within the year. Here, Law360 Pulse takes a look at what spurred the change.
Former President Donald Trump’s vows to “shatter the deep state” if he’s reelected could affect attorneys who work for the federal government through his plans to overhaul agencies and reclassify certain government employees.
A trio of groups led by the American Economic Liberties Project on Tuesday pressed the State Bar of California to investigate former Google general counsel Kent Walker for "coaching" the company to "engage in widespread and illegal destruction of records relevant to multiple ongoing federal trials."
Richard N. Winfield, a U.S. First Amendment lawyer who represented The Associated Press for three decades and died Tuesday at age 91, is being remembered as a champion of freedom of expression for journalists around the world.
People with disabilities still face challenges when pursuing a legal career, but law firms, law schools, bar associations and corporate legal departments can take steps to help advance disability equality, according to panelists speaking Tuesday for National Disability Employment Awareness Month.
Among the latest cyber trends, more criminals are using generative artificial intelligence, launching more attacks on corporations and leading to public companies disclosing greater amounts of information about cybersecurity, according to a recent Ernst & Young look at Fortune 100 companies.
Balch & Bingham LLP announced that a veteran energy attorney with more than two decades of experience rejoined the firm's Atlanta office after a decade working at advisory firm The Taffrail Group.
For decades, a handful of New York-based law firms thoroughly dominated the national consciousness when it came to power, profitability and prestige. But in today's legal market, increased movement of partners and clients from one firm to the next has begun to shake things up and create opportunities for go-getters to ascend the ranks.
As many BigLaw firms see their revenues climb ever higher, we highlight those that reported topping the billion-dollar mark in the most recent calendar year.
Clients flock to firms with prestigious reputations, and so does top talent. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction
Stoel Rives LLP has hired the former in-house counsel for technology companies SingleStore and Veeva Systems Inc. in Boise, Idaho, positioning the firm to better serve the increasing demand for sophisticated transactional representations in the area.
Adhesives manufacturer H.B. Fuller Co. has appointed the CEO and former general counsel of financial services business Thrivent to be its next board chair, effective Jan. 22.
Zip, an artificial intelligence-powered procurement orchestration platform used by legal and other corporate teams, secured a $190 million Series D funding round on Monday.
Rob Beard is leaving his post as Mastercard Inc.'s chief legal officer and global policy head to join Coherent Corp. as its CLO, the industrial laser technology company announced Monday.
The chief legal officer at California-based technology giant Cisco earned around $12.5 million in total compensation for fiscal year 2024, according to a recent U.S. Securities and Exchange Commission filing.
Beveridge & Diamond PC has hired the U.S. Department of Defense's deputy general counsel for environment, energy and installations as of counsel in the firm's Washington office, a move the firm said is its latest government hire to help clients navigate the constantly changing environmental landscape.
Communications company WPP Group USA's vice president and counsel for the Americas rejoined Ogletree Deakins Nash Smoak & Stewart PC on Monday as a labor and employment shareholder, the firm said.
Series
Ask A Mentor: How Can New Partners Generate Business?Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
Opinion
Law Firms Stressing Work-Life Balance Are Missing The MarkLaw firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
To avoid physical and emotional exhaustion, attorneys must respect their own and their colleagues' personal and professional boundaries, but law firms must also play a role in discouraging burnout culture — especially if they are struggling with attorney retention, say attorneys at Lowenstein Sandler.
Gibson Dunn's Debra Yang shares the bumps in her journey to becoming the first female Asian American U.S. attorney, a state judge and a senior partner in BigLaw, and how other women can face their self-doubts and blaze their own trails to success amid systemic obstacles.
Law firms that are considering creating an in-house alternative legal service provider should focus not on recapturing revenue otherwise lost to outside vendors, but instead consider how a captive ALSP will better fulfill the needs of their clients and partners, say Beatrice Seravello and Brad Blickstein at Baretz & Brunelle.
Ignore what you've been told about jargon — adding insider industry terms to your firm's marketing and business development content can persuade potential clients that you have the specialized knowledge they can trust, says Wayne Pollock at Law Firm Editorial Service.
To attract future lawyers from diverse backgrounds, firms must think beyond recruiting efforts, because law students are looking for diversity, equity and inclusion initiatives that invest in employee professional development and engage with students year-round, says Lauren Jackson at Howard University School of Law.
Series
Ask A Mentor: How Can Law Students Build Real-World Skills?Allison Coffin at Akin Gump discusses how summer associates going back to school can continue to develop real-world lawyering skills by leveraging the numerous law school resources that support professional development both inside and outside the classroom.
In uncertain and challenging times, law firm leaders can build and sustain culture by focusing attention on mission, values and leadership development, and applying a growth mindset across their firms, says Scott Westfahl at Harvard Law.
Robert Keeling at Sidley reflects on leading discovery in the litigation that followed the historic $85 billion AT&T-Time Warner merger and how the case highlighted the importance of having a strategic e-discovery plan in place.
Opinion
CLE Accreditation Should Be Tied To Learning OutcomesGiven the substantial time and money lawyers put toward mandatory continuing legal education, CLE regulators and providers should be held to accreditation standards that assess learning outcomes, similar to those imposed on law schools and continuing medical education providers, says Rima Sirota at Georgetown Law.