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Large law firms engaged in more lateral hiring in 2024 than the year before, but a strong start to the year fizzled out with a substantial dip in hiring across all job categories in the fourth quarter, according to new information from legal data company Firm Prospects LLC.
Akin Gump Strauss Hauer & Feld LLP is launching a capital solutions team dedicated to advising private capital investors and companies on global situations across debt and equity, hybrid and structured solutions, joint ventures, rollups and spinouts, the firm announced last week.
A New York state judge said Friday he will sentence Donald Trump on Jan. 10 after rejecting his motion to dismiss his hush money conviction in light of his status as president-elect, but suggested a prison term is highly unlikely.
New York litigation boutique Dontzin Nagy & Fleissig LLP said Friday that it has a new name on the masthead effective immediately.
Ice Miller LLP has announced that a longtime corporate partner has been named the firm's deputy managing partner following her predecessor's decision to retire from the job after a little over three years.
Holland & Knight LLP announced associates in major U.S. markets will receive year-end and special bonuses matching those given by other BigLaw firms, with attorneys working in regional offices making smaller figures, according to a report.
Former U.S. Sen. Bob Menendez has asked a Manhattan federal judge not to sentence him to prison after he was convicted of bribery and corruption in July, saying a "lifetime of good deeds and good character" and a low likelihood of future offenses merit leniency.
Eckert Seamans Cherin & Mellott LLC announced on Thursday the appointment of Matthew T. Goffe, who joined the firm in 2022, to the role of chief marketing officer.
Hogan Lovells won enforcement on Thursday of a $1.25 million arbitral award it won against Afghanistan over its representation of the country in various legal matters, an award that the new Taliban-led government has ignored for two years.
Legal department hires in the past month included high-profile appointments at Eaton Corp., Conde Nast, Constellation Energy Corp. and Turing. Here, Law360 Pulse looks at some of the top in-house announcements from the past few weeks.
Miles & Stockbridge PC has officially merged with D.C.-based real estate finance boutique Krooth & Altman LLP, bringing Miles & Stockbridge's headcount to more than 200 attorneys, the firm announced Wednesday.
Bracewell LLP has elected two public finance partners in Houston and Dallas to its management committee for three-year terms.
While for many the new year begins with resolutions to slim down, several firms across the U.S. have started 2025 either a little bit larger or with plans to get bigger.
Bonus news continued over the holiday week, with several law firms announcing they'll follow or exceed Milbank LLP's lead on 2024 associate bonuses, and others reversing their stance on special bonuses, according to memos shared with Law360 Pulse and media reports.
A decadelong leader of Sullivan & Cromwell LLP's arbitration practice announced he is going solo on Thursday after nearly four decades with his prior firm.
The popularity of U.S. law firm combinations surged in 2024, with announcements increasing by about a dozen year-over-year and approaching historic heights, according to data collected by Law360 Pulse, but law firm merger consultants say a robust pipeline of deal talks could mean a busier 2025.
As the new year begins, Harris Beach PLLC and Murtha Cullina LLP are starting a new chapter — their combination is complete, and the two firms are now operating as Harris Beach Murtha.
Mid-Law leaders entering 2025 say that they are optimistic about the new year but also focused on potential challenges, such as the rise of generative artificial intelligence tools, succession planning and ensuring that any growth they are experiencing is sustainable.
Some modest reforms to the federal courts may be enacted in the coming years, but major changes championed by Democrats and judicial reform activists are likely "dead in the water" now that Republicans will be controlling Congress and the White House in 2025, reform advocates say.
The $15 billion U.S. litigation finance industry has come a long way in recent years, but demands for more transparency from pro-business groups and the defense bar could present a significant challenge in the year ahead.
New York managing partners are focused on strategic growth and expanding their bench of talent in 2025, as clients look to navigate new power dynamics from the White House to Wall Street.
Abortion access, education funding and mandatory prison sentences are among the high-profile issues on state supreme courts' dockets in 2025, as attorneys and activists increasingly turn away from the U.S. Supreme Court and instead look to the states to protect certain constitutional rights, experts say.
As the calendar turns from 2024 to 2025, small-firm attorneys and solo practitioners across the U.S. are facing a constellation of new and old issues, from dealing with new regulations to confronting the longstanding challenges of keeping a small business alive.
Incoming President Donald Trump will take office Jan. 20 with 45 seats on the federal bench to fill. Currently, there are 39 empty seats on U.S. district and circuit courts and 6 pending vacancies due to announced retirements and plans to take senior status, three of which opened on Dec. 31 and another that opened Jan. 2.
After an eventful 2024, industry experts are looking ahead to what might be the big topics in legal ethics in the new year, including the ethics implications of artificial intelligence and ethics opinions that may be relevant to attorneys in the incoming second Trump administration.
With many legal professionals starting to explore practical uses of generative artificial intelligence in areas such as research, discovery and legal document development, the fundamental principle of human oversight cannot be underscored enough for it to be successful, say Ty Dedmon at Bradley Arant and Paige Hunt at Lighthouse.
The legal profession is among the most hesitant to adopt ChatGPT because of its proclivity to provide false information as if it were true, but in a wide variety of situations, lawyers can still be aided by information that is only in the right ballpark, says Robert Plotkin at Blueshift IP.
Series
Ask A Mentor: How Can I Use Social Media Responsibly?Leah Kelman at Herrick Feinstein discusses the importance of reasoned judgment and thoughtful process when it comes to newly admitted attorneys' social media use.
Attorneys should take a cue from U.S. Supreme Court justices and boil their arguments down to three points in their legal briefs and oral advocacy, as the number three is significant in the way we process information, says Diana Simon at University of Arizona.
In order to achieve a robust client data protection posture, law firms should focus on adopting a risk-based approach to security, which can be done by assessing gaps, using that data to gain leadership buy-in for the needed changes, and adopting a dynamic and layered approach, says John Smith at Conversant Group.
Laranda Walker at Susman Godfrey, who was raising two small children and working her way to partner when she suddenly lost her husband, shares what fighting to keep her career on track taught her about accepting help, balancing work and family, and discovering new reserves of inner strength.
Series
Ask A Mentor: How Can I Turn Deferral To My Advantage?Diana Leiden at Winston & Strawn discusses how first-year associates whose law firm start dates have been deferred can use the downtime to hone their skills, help their communities, and focus on returning to BigLaw with valuable contacts and out-of-the-box insights.
Female attorneys and others who pause their careers for a few years will find that gaps in work history are increasingly acceptable among legal employers, meaning with some networking, retraining and a few other strategies, lawyers can successfully reenter the workforce, says Jill Backer at Ave Maria School of Law.
ChatGPT and other generative artificial intelligence tools pose significant risks to the integrity of legal work, but the key for law firms is not to ban these tools, but to implement them responsibly and with appropriate safeguards, say Natalie Pierce and Stephanie Goutos at Gunderson Dettmer.
Opinion
We Must Continue DEI Efforts Despite High Court HeadwindsThough the U.S. Supreme Court recently struck down affirmative action in higher education, law firms and their clients must keep up the legal industry’s recent momentum advancing diversity, equity and inclusion in the profession in order to help achieve a just and prosperous society for all, says Angela Winfield at the Law School Admission Council.
Law firms that fail to consider their attorneys' online habits away from work are not using their best efforts to protect client information and are simplifying the job of plaintiffs attorneys in the case of a breach, say Mark Hurley and Carmine Cicalese at Digital Privacy and Protection.
Though effective writing is foundational to law, no state requires attorneys to take continuing legal education in this skill — something that must change if today's attorneys are to have the communication abilities they need to fulfill their professional and ethical duties to their clients, colleagues and courts, says Diana Simon at the University of Arizona.
In the most stressful times for attorneys, when several transactions for different partners and clients peak at the same time and the phone won’t stop buzzing, incremental lifestyle changes can truly make a difference, says Lindsey Hughes at Haynes Boone.
Series
Ask A Mentor: How Can I Support Gen Z Attorneys?Meredith Beuchaw at Lowenstein Sandler discusses how senior attorneys can assist the newest generation of attorneys by championing their pursuit of a healthy work-life balance and providing the hands-on mentorship opportunities they missed out on during the pandemic.
A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.