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New deal volume is down for a second year in the litigation finance industry, even as BigLaw firms continue to make up a larger percentage of its customer base, highlighting an industry "trending towards greater sophistication" despite macro headwinds that have kept capital tight.
President Donald Trump on Tuesday signed an executive order aimed at Jenner & Block LLP, suspending security clearances for its employees and taking other actions in response to the firm's pro bono work and a former partner's role as a top deputy to former special counsel Robert Mueller.
A report on midsize law firms released Tuesday by legal technology company Clio found that use of artificial technology among midsized firms has more than quadrupled in two years to 93% and that such firms are also likely to be using alternative fee arrangements such as flat fees.
Shook Hardy & Bacon LLP announced Tuesday that a retired U.S. magistrate judge for Texas' Eastern District has joined its complex litigation strategic counseling practice, boosting the firm's ability nationwide to handle class actions, governmental investigations and intellectual property matters.
Munck Wilson Mandala LLP has announced that the managing partner of its North Dallas office has been appointed to its executive committee to help steer the strategic direction of the firm.
Former NFL player Michael Cloud, whose award of disability benefits by the league was reversed in 2023, told the Fifth Circuit that the league had forfeited its chance to reverse the awarding of attorney fees and should have its second attempt thrown out.
Transcription service Rev announced Monday the acquisition of SmartDepo, which provides deposition summary services using artificial intelligence.
Some 79% of in-house legal leaders in a survey said they face rising levels of risk from seismic changes in diversity policies, AI regulation and cybersecurity threats. And 98% of them said they are increasing their budgets to take on the extra workload.
Selecting the right artificial intelligence vendor is crucial, as astute legal teams follow a process of evaluating new tools and onboarding them, experts explained during a panel on Monday.
Reed Smith LLP announced Monday that it has added a Dallas-based partner to its global commercial disputes group and international arbitration team who has come aboard from Baker McKenzie.
The longtime general counsel for Chevron Corp. saw his compensation increase by nearly $400,000 compared to the previous year, a recent securities filing shows.
Paul Weiss Rifkind Wharton & Garrison LLP Chairman Brad Karp explained to the law firm's personnel on Sunday his decision to strike a deal with the Trump administration to avoid retribution related to the firm's selection of clients and DEI practices, a decision that has prompted public outcry among legal industry pundits and firm alumni.
Alternative dispute resolution provider JAMS relocated its Dallas Resolution Center to reaffirm its commitment to the community it has served since first opening there in 1994.
Shawn "Jay-Z" Carter's company Roc Nation can't exit a lawsuit that claims his company conspired to "finance" malpractice suits against attorney Tony Buzbee because it was "an integral and driving force" behind the alleged misconduct, according to a response filed in Texas federal court to a motion to dismiss on jurisdictional grounds.
McGinnis Lochridge, a firm with deep Texas roots, has taken a larger suite in Ross Tower in downtown Dallas to accommodate a growing roster, visiting attorneys and client needs, the firm announced.
Pryor Cashman's representation of Sony Music in a copyright suit and Choate's handling of a $1.5 billion sale of a futures trading platform lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from March 7 to 21.
Boies Schiller Flexner LLP, Kessler Topaz Meltzer & Check LLP, Grant & Eisenhofer PA and Bernstein Litowitz Berger & Grossmann LLP lead this week's edition of Law360 Legal Lions, after a D.C. federal judge upheld a $612.4 million jury verdict against the Federal Housing Finance Agency, Fannie Mae and Freddie Mac.
The legal industry began spring with another action-packed week as President Donald Trump continued to eye BigLaw diversity programs and firms expanded their presence and headcounts worldwide. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Houston's bankrupt MMA Law Firm PLLC has struck a deal to share the proceeds of its mass tort lawsuits with litigation funders Equal Access Justice Fund LP, a key creditor, in exchange for support of its Chapter 11 plan.
Munck Wilson Mandala LLP has chosen a Dallas-based senior partner with more than a decade of successful intellectual property work at the firm to take the helm of its patent preparation and prosecution practice, the firm announced this week.
Frost Brown Todd LLP announced that it has hired an attorney from the ranks of Houston's city government to strengthen its public finance group, adding his expertise in state and local government operations, taxation and economic development.
A Texas law firm asked the U.S. Tax Court to find that the IRS improperly denied it a $621,000 deduction for payments it made to a captive insurance company, saying the agency wrongly accused the firm of participating in an abusive insurance arrangement.
Ashurst LLP has reelected its global chair for a second term, the firm announced Thursday, amid hopes of reaching its first year of £1 billion ($1.2 billion) revenue in 2025 after eight years of growth.
Many state attorneys general will have growing influence on national issues under the new Trump administration, as they ramp up regulatory enforcement in areas where the federal government pulls back, while also fighting against or in support of the administration's policies, lawyers and observers say.
With a total commitment to an in-office model and a rapidly growing headcount, Bell Nunnally & Martin LLP is expanding its space in the firm's single location in Dallas' historic Arts District, and its leader says the office atmosphere is "abuzz with activity."
Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.
It is critical for general counsel to ensure that a legal operations leader is viewed not only as a peer, but as a strategic leader for the organization, and there are several actionable ways general counsel can not only become more involved, but help champion legal operations teams and set them up for success, says Mary O'Carroll at Ironclad.
A new ChatGPT feature that can remember user information across different conversations has broad implications for attorneys, whose most pressing questions for the AI tool are usually based on specific, and large, datasets, says legal tech adviser Eric Wall.
Legal organizations struggling to work out the right technology investment strategy may benefit from using a matrix for legal department efficiency that is based on an understanding of where workloads belong, according to the basic functions and priorities of a corporate legal team, says Sylvain Magdinier at Integreon.
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My Nonpracticing Law Job: RecruiterSelf-proclaimed "Lawyer Doula" Danielle Thompson at Major Lindsey shares how she went from Columbia Law School graduate and BigLaw employment associate to a career in legal recruiting — and discovered a passion for advocacy along the way.
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Ask A Mentor: How Do I Balance Social Activism With My Job?Corporate attorneys pursuing social justice causes outside of work should consider eight guidelines for finding equilibrium between their beliefs and their professional duties and reputation, say Diedrick Graham, Debra Friedman and Simeon Brier at Cozen O'Connor.
Mateusz Kulesza at McDonnell Boehnen looks at potential applications of personality testing based on machine learning techniques for law firms, and the implications this shift could have for lawyers, firms and judges, including how it could make the work of judges and other legal decision-makers much more difficult.
The future of lawyering is not about the wholesale replacement of attorneys by artificial intelligence, but as AI handles more of the routine legal work, the role of lawyers will evolve to be more strategic, requiring the development of competencies beyond traditional legal skills, says Colin Levy at Malbek.
Legal writers should strive to craft sentences in the active voice to promote brevity and avoid ambiguities that can spark litigation, but writing in the passive voice is sometimes appropriate — when it's a moral choice and not a grammatical failure, says Diana Simon at the University of Arizona's James E. Rogers College of Law.
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Ask A Mentor: How Can I Help Associates Turn Down Work?Marina Portnova at Lowenstein Sandler discusses what partners can do to aid their associates in setting work-life boundaries, especially around after-hours assignment availability.
Although artificial intelligence-powered legal research is ushering in a new era of legal practice that augments human expertise with data-driven insights, it is not without challenges involving privacy, ethics and more, so legal professionals should take steps to ensure AI becomes a reliable partner rather than a source of disruption, says Marly Broudie at SocialEyes Communications.
With the increased usage of collaboration apps and generative artificial intelligence solutions, it's not only important for e-discovery teams to be able to account for hundreds of existing data types today, but they should also be able to add support for new data types quickly — even on the fly if needed, says Oliver Silva at Casepoint.
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.
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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.