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When Cravath Swaine & Moore LLP matched Milbank's 2024 bonuses with its own, the storied New York firm did not hand associates a single lump sum with the total amount, but instead chose to separate out year-end bonuses from special bonuses.
Dechert LLP associates from the United States and Europe recently took part in an intensive, three-day program at the Wharton School of the University of Pennsylvania in Philadelphia. Here, Law360 Pulse speaks to Dechert’s co-chair and a firm associate on how the program helped bridge the gap between legal expertise and business acumen.
For the last 26 years, Duane Morris LLP partner James Steigerwald has seen the benefits of his firm's collaborative and collegial culture up close, and he fully intends to keep that culture alive as the first managing partner of the firm's Philadelphia office.
UPDATED December 20, 2024 | As the year draws to a close, an increasing number of large and other elite law firms are falling in line with a bonus scale set by market leader Milbank LLP, which in many cases puts more money in the pockets of law firm associates than ever before.
The 2024 associate bonus season is heating up, with more law firms matching Milbank LLP's year-end and special bonuses and U.K. firms extending the same offering to their U.S.-based attorneys, according to firm memos shared with Law360 Pulse and media reports.
Continuing a program first launched in 2000, the Legal Services Corp. is awarding $5.9 million in Technology Initiative Grants to organizations using tech to help deliver legal services across 22 states, the group announced Tuesday.
An attorney specializing in data privacy and security has moved his practice to Constangy Brooks Smith & Prophete LLP after nearly two years with Freeman Mathis & Gary LLP.
A few years ago, when large law firm billing rates started to rise at an unprecedented pace, I remember many commentators said it couldn't last for long and that it was only a matter of time before client pushback would begin to swing the pendulum back in the other direction.
The rate at which U.S. law firms are signing major office leases — those at or above 20,000 square feet — has surpassed pre-pandemic levels, according to new data released by Savills on Monday, showing that while activity is up, firms are divided on whether to expand, downsize or maintain their square footage.
An attorney's alleged personal attacks against opposing counsel, refusal to answer questions and wrongful invoking of attorney-client privilege for certain documents led a Philadelphia federal court to order sanctions against her in an order published Monday.
Akin Gump Strauss Hauer & Feld LLP told Law360 Pulse on Monday it will pay associates and counsel year-end bonuses of between $15,000 and $115,000 and special bonuses of between $6,000 and $25,000, based on seniority, in February.
Pierson Ferdinand LLP expanded its litigation team in Philadelphia with the addition of an attorney having expertise in representing nursing home and assisted living facilities, the firm announced Monday.
Sen. Mazie Hirono, D-Hawaii, a senior member of the Senate Judiciary Committee, on Friday pushed back against a deal Democrats and Republicans cut earlier this week that obligates Democrats to forgo votes on four appellate picks.
Law school faculties are becoming more racially diverse and include a greater share of women, who make up a majority of faculty members entering the profession in the past 20 years, according to a report out this week from the Association of American Law Schools.
After more than 11 years overseeing telecommunications transactions from multiple angles as an in-house counsel for a California tech company, a Philadelphia-area attorney has recently brought his perspective back to private practice at Dunn DeSantis Walt & Kendrick LLP.
Pennsylvania's statewide ban on the use of text messages to solicit potential legal clients would cause irreparable harm to a company that specializes in digital marketing technology by preventing it from raising revenue while fighting the rule, according to a recent motion filed in Pittsburgh federal court.
Goldman Ismail Tomaselli Brennan & Baum LLP, King & Spalding LLP, Holland & Knight LLP and Barnes & Thornburg LLP lead this week's list of Law360 legal lions for beating a Pennsylvania state court lawsuit brought against Bayer AG unit Monsanto by a woman who said she got cancer by using the weed killer Roundup.
The legal industry had another busy week as President-elect Donald Trump sought to dismiss his hush money trial and BigLaw firms elevated attorneys amid soaring billing rates. Test your legal news savvy here with Law360 Pulse's weekly quiz.
The latest law firms to follow Milbank LLP on 2024 associate bonuses late Thursday and into Friday run the gamut from global giant to boutique, according to firm memos shared with Law360 Pulse and media reports.
Pennsylvania's Environmental Hearing Board was within its power to issue its first-ever sanctions against an attorney for trying to delay an appeal with false claims that the state Attorney General's Office and the U.S. Environmental Protection Agency were looking to talk to Cabot Oil & Gas Corp. over her case, a state appellate court ruled Thursday.
Democrats and Republicans cut a deal Wednesday night to advance district court nominees before the year ends, while dropping four circuit court picks from confirmation efforts, Law360 has confirmed.
Paul Weiss Rifkind Wharton & Garrison LLP, Cleary Gottlieb Steen & Hamilton LLP and Fried Frank Harris Shriver & Jacobson LLP are the latest BigLaw firms to go big on associate performance rewards, announcing they will match Milbank LLP in both year-end and special bonuses.
The Philadelphia Bar Association is preparing to launch a nationwide search for a new executive director, after the organization's current leader announced this week he will retire next summer.
Judicial nominees for U.S. district courts in New York, New Mexico, Georgia and Pennsylvania were sent to the full Senate on Thursday, after being approved by the Senate Judiciary Committee, all along party lines.
Rebecca Levin Nayak, who recently moved to Hangley Aronchick Segal Pudlin & Schiller, became an attorney to protect the rights of parents, especially those of the LGBTQ+ community, she told Law360 Pulse Thursday.
Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.
Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.
To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.
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Ask A Mentor: How Can I Negotiate My Separation Agreement?Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
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Ask A Mentor: How Do I Relay Shortcomings To Associates?Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.