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Proskauer Rose LLP announced Wednesday that it has hired a team of New York attorneys who most recently worked for Cahill Gordon & Reindel LLP, touting their experience serving clients in the leveraged finance market.
Fennemore Craig PC announced Wednesday the firm will merge with Arizona business firm Gallagher & Kennedy at the start of December, adding 50 attorneys across Santa Fe, New Mexico, and Fennemore Craig's hometown of Phoenix.
AI-native law firms incorporating artificial intelligence into their legal work from their inception are on the rise in the legal industry, but face a balancing act between the technology powering them and their obligations as legal service providers, according to panel discussions Wednesday at an industry event.
GCVC, an early-stage venture fund founded by a former attorney at Fenwick & West LLP and current general counsel and chief compliance officer at property payment platform Bilt Technologies Inc., launched on Wednesday with the announcement of its first two investments.
The federal judiciary's ethics arm has approved a policy allowing law firms to pay judicial interns, as long as the payments are not directly related to their work for the courts and not paid out during their internship or externship.
Niall Dickson of Goodwin Procter LLP advised global investment manager Ares Management on the formation of billions of dollars in funds focusing on real estate assets such as multifamily, industrial or self-storage sites, earning him a spot among the real estate law practitioners under age 40 honored by Law360 as Rising Stars.
The American Arbitration Association announced Wednesday that its president and CEO for 3½ years will step down on Oct. 2, and the organization will appoint its former board member and current chief development officer as interim lead.
Lowenstein Sandler LLP has expanded its investment management and private funds group by adding a pair of attorneys in New York, including an incoming partner with both in-house and BigLaw experience.
Womble Bond Dickinson has added a 29-person consumer warranty and product liability litigation group from Lewis Brisbois Bisgaard & Smith LLP that specializes in defending automobile manufacturers, the firm announced Wednesday.
Akerman LLP announced Wednesday that it has rounded out its artificial intelligence leadership team by bringing on a former Munck Wilson Mandala LLP litigator to serve as the firm's first director of AI development.
Katten Muchin Rosenman LLP has bolstered its offerings in Los Angeles with the addition of the chair of Kasowitz LLP's data strategy, privacy and security team and co-chair of its artificial intelligence industry group.
Law firms may be less public about their diversity, but legal industry advisers and diversity experts say much of the underlying work around recruiting, retaining and advancing talent continues.
Law360 Pulse's latest Diversity Snapshot showed that law firms continued to make incremental gains in diversity, though attorneys of color remained less represented in the partnership ranks. Here's our data dive into representation at law firms in the U.S.
Law360's Diversity Snapshot report explores firms' demographics across the hierarchy of private practice, and how those numbers compare to the available talent pool. Dig into the data to see a detailed look at every rung of the ladder.
Hogan Lovells Cadwalader has hired a former U.S. Food and Drug Administration leader, who has more than 35 years of experience at the agency and worked as chief counsel, as a new member of its Washington, D.C., office, according to a Wednesday announcement.
Cleary Gottlieb Steen & Hamilton LLP announced Wednesday that it has brought on the former director of knowledge and innovation at Paul Weiss Rifkind Wharton & Garrison LLP to take on the newly created role of chief innovation officer.
Legal industry staffing firm Latitude has named its chief revenue office as its president, elevating an attorney who has supported the company's growth since he joined in 2024, the company announced Tuesday.
McGuireWoods LLP has hired a Reed Smith LLP insurance partner in Chicago who has a decade of litigation experience, including representing corporate policyholders, according to a Tuesday announcement.
Gordon Rees Scully Mansukhani LLP has brought on five lawyers in Pennsylvania and New Jersey, including a pair of attorneys who joined the firm after the closure of Pittsburgh-based Robb Leonard Mulvihill LLP.
The American Bar Association council responsible for law school accreditation voted Tuesday to eliminate its diversity and inclusion standard, the final step in a process that the council hopes will ensure it remains an accreditor recognized by the U.S. Department of Education.
Fox Corp.'s former legal and policy chief, Viet D. Dinh, has returned to private practice as a partner at Sullivan & Cromwell LLP, the firm announced Tuesday.
Venable LLP announced Tuesday it has hired Caroline Crenshaw, who was the lone Democratic member of the U.S. Securities and Exchange Commission until her term ended in January, as a partner in the firm's Washington office.
Legal industry advisory firm Baretz & Brunelle LLC announced Tuesday it has hired Evan Shenkman, a former chief knowledge and innovation officer at Fisher Phillips LLP, as a partner.
Paul Weiss Rifkind Wharton & Garrison LLP announced on Tuesday that its investment funds team has gained a Kirkland & Ellis LLP partner who started his legal career at the U.S. Securities and Exchange Commission.
A Massachusetts state court has ruled it has jurisdiction over an assault and battery claim alleging a former DLA Piper partner raped a former Boston-based associate in Delaware, finding that purported incident was part of "a larger course of conduct encompassing multiple torts across several states, all circling around plaintiff's residence and work in Massachusetts."
BigLaw firms about to tackle a website redesign need to understand the fundamental changes to costs, timelines, vendors and technology since their last big update so their leadership teams can steer resource management decisions away from costly potential mistakes, says Stephan Roussan at Vertical Minds.
Two recent reports shift the legal posture of every organization deploying artificial intelligence agents because they establish the foreseeability, for negligence liability purposes, of an AI agent becoming weaponized for data exfiltration, says Camilo Artiga-Purcell at Kiteworks.
Firms willing to develop a new operating model, where AI-powered legal tech is paired with deep industry expertise and a different incentive structure, can win over companies looking to consolidate their legal needs with a single provider, says Lana Manganiello at Practice Growth Partner.
Law firms trying to weave artificial intelligence into summer associate programs should build a program that isn't really about AI but teaches students how to think about using AI, with the goal of building judgment, understanding implications and leveling up in a way that's repeatable, says Zeynep Ersin at Seyfarth.
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Biz Development Tip Of The Month: Don't Obstruct Knowledge
Lawyers and firms should treat knowledge transfer as a business development function, using the sharing of context and institutional know-how to preserve continuity through change, strengthen relationships and create long-term competitive advantage, says Mark Wraight at Stinson.
The biggest question about private equity moving into the legal sector is no longer whether it can financially succeed, but how law firms can contend with the unavoidable economic, institutional and ethical tensions introduced by external ownership without compromising their core professional commitments, say Kirsten Vasquez and Allison Rosner at Major Lindsey.
As potential clients use artificial intelligence tools instead of search engines when looking for counsel, it is a democratizing moment for specialized midsize firms and a compression threat for generalist big-firm brand positioning, says Ronn Torossian at 5WPR.
Private equity capital has been flowing into accounting firms for years, with investors developing creative structures to work within that field's specific ownership restrictions, and the framework developed by these transactions offers valuable insights for law firms looking for outside investment, says Russell Shapiro at Levenfeld Pearlstein.
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Legal Tech Talks: StrongSuit CEO On The AI Gold Rush
Justin McCallon, CEO of StrongSuit, discusses how the potential for automation and insight generation with artificial intelligence is massive, but that in legal work, especially litigation, the margin for error is essentially zero.
When law firm leaders provide work product feedback by identifying errors instead of offering guiding input, they miss a key opportunity to treat feedback as a professional development and leadership tool, but several practices can help bridge the gap between intent and impact, says Janet Jackson at Well-Law.
Many law firms are using generic decks for multiple client presentations to articulate their artificial intelligence strategy, but in order to differentiate themselves, it's important to bring marketing teams into the fold to identify what's actually distinctive about how a firm uses AI, says Eric Greenberg at Cox Media.
The Legal Marketing Association's recent annual conference underscored how advances in artificial intelligence and shifting client expectations are causing law firms to evolve into more structured, data-driven businesses that place greater emphasis on strategy, implementation and measurable results, say Maria Aronson and Gina Rubel at Furia Rubel.
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Biz Development Tip Of The Month: Build Relationship Habits
Meaningful relationships are foundational to business development, and they can be deliberately fostered through a set of habits for authentically, intentionally and consistently connecting with clients and colleagues — starting with people you already know and like, says Matthew Moran at V&E.
Artificial intelligence is already woven into everyday work for attorneys, so beyond questioning whether AI was used and approving such tools, legal leaders need to create a shared foundation for what good AI use looks like on their team, says Alex Denniston at Factor.
A company's contracts contain final, negotiated commercial commitments that reveal important growth, revenue and strategy insights, but for organizations that aren’t making two key structural changes, the information tends to remain within the legal department — untranslated and unused, says Shimane Smith at NerdWallet.