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Gordon Rees Scully Mansukhani LLP has hired a banking and finance group partner, who joins with more than 24 years of experience representing fund finance clients, banks and financial institutions, and hedge funds, the firm announced Wednesday.
As law firms continue to seek growth, many are looking to internal promotions to fill nonequity or income partner jobs, while adding to the equity partner ranks largely via lateral additions, according to the co-author of a new, comprehensive report on law firm business.
A Polsinelli PC private equity mergers and acquisitions associate has developed a new deal management platform designed specifically for transactional attorneys that the firm said is redefining the application of legal technology in sophisticated deal work.
The U.S. Department of Justice is examining the role foreign countries might be playing in funding patent litigation in the U.S., the Government Accountability Office said in a report released Thursday exploring the benefits and pitfalls of the proliferation of third-party intellectual property litigation financing.
Skadden Arps Slate Meagher & Flom LLP continues expanding its technology team, announcing Thursday it has brought in an Allen Overy Shearman Sterling intellectual property litigator as a partner in its Silicon Valley office.
Several law firms around the country found reasons to be thankful in November as hybrid work models helped slim down their office space or as firms sought out more room to accommodate growing teams.
A&O Shearman has tapped the current general counsel for Barclays Execution Services to co-head its global cybersecurity team, the firm announced Thursday, with the lawyer set to make the jump early next year.
Bonus announcements continued Thursday, with Morgan Lewis & Bockius LLP matching Milbank LLP's year-end and special cash bonuses, while Cahill Gordon & Reindel LLP upped the ante with higher special bonuses.
Haynes and Boone LLP has promoted 15 of its attorneys across seven of its offices to partner effective Jan. 1, the firm announced Thursday.
Hinckley Allen has debuted an office with an 11-member team to service the southern Illinois and St. Louis metropolitan areas, hiring three partners specializing in complex product liability and toxic tort matters as it seeks to plant its flag in a "critical jurisdiction" for those kinds of cases.
Legal consequences, disciplinary actions by law schools and reports of violence in connection to participation in protests against the war in Gaza are not necessarily causes to deny admission to the California Bar, a working group has recommended, urging a continued holistic approach to determinations of moral character.
While U.S.-based firms with an international footprint are pulling back from some locations, they may still consider building out a new, albeit smaller, footprint in other countries, particularly in the Middle East and South Asia.
What does it mean to be a truly global legal powerhouse? The law firms spotlighted in our 2024 ranking are setting the standard for worldwide reach.
Law firms and their clients can achieve better cases outcomes, tackle e-discovery attorney burnout and cut expenses by allocating more money for e-discovery services in litigation, according to a panel of e-discovery professionals.
Holland & Knight LLP announced Wednesday it was bringing aboard a new international trade partner at its Tysons Corner, Virginina, office, part of a recent flurry of hiring in the practice area as firms seek out expertise on export controls and other trade issues in the weeks following the 2024 presidential election.
Clifford Chance LLP has recruited the European competition chief of Willkie Farr & Gallagher LLP as it continues its push to bulk up with high-power antitrust veterans, the firm said Thursday.
Even as mergers and acquisitions activity has remained relatively "soft," large and midsize law firms have experienced a substantial increase in demand over the last year at twice the historic average rate of increase, according to the co-author of a Thursday report on U.S. law firm financial results.
A co-founder of the international firm Pogust Goodhead, who is based outside of Philadelphia, has stepped down from the global operations of the firm to head a new legal nonprofit, the firm confirmed Wednesday.
Freeman Mathis & Gary LLP announced it has opened an office in Orlando, Florida, its fourth in the state, with the addition of a six-person healthcare and medical malpractice team from local firm Beytin McLaughlin McLaughlin O'Hara & Bocchino PA.
Kramer Levin said its associates will receive year-end and special bonuses in line with those set by Milbank LLP ahead of its proposed merger with Herbert Smith Freehills LLP.
Norton Rose Fulbright said Wednesday that it has selected a pair of attorneys who have been with the firm their entire legal careers for new leadership positions in its Houston office.
A former Foley & Lardner LLP summer associate who says the firm rescinded an employment offer over her public support for Palestinians saw part of her suit dismissed this week, with an Illinois federal judge finding that the firm never promised to hire her regardless of what kinds of activism she took part in.
Bradley Arant Boult Cummings LLP announced that a former assistant U.S. attorney who joined the firm in October has been named chair of its newly formed financial crime and economic sanctions practice group.
Reed Smith LLP added a partner to its national state tax practice who will work out of its San Francisco office, according to the firm.
Racial discrimination claims by a Black former CEO of litigation financier LexShares Inc. are not time-barred, a Massachusetts federal judge has ruled, though she dismissed claims against the chairman of the company's board and another board member.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
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.