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Three outlier megadeals pushed funding for legal technology companies to $1.57 billion in the third quarter of 2024, up from $392.5 million in the same period last year, but the number of mergers and acquisitions fell by about 50%.
This was another action-packed week for the legal industry as BigLaw firms made a slew of hires and a state judge was admonished for lip synching "Jump" by Rihanna in a TikTok. Test your legal news savvy here with Law360 Pulse's weekly quiz.
A slew of lawsuits related to the Gaza war in the Middle East have already yielded mixed outcomes and, in the view of some, contradictory rulings as they've moved through the courts, revealing a tension between free speech and college campus safety while also stoking concerns over the fairness of the judicial system.
Nike has pushed back on a report finding that its behavior toward a Pennsylvania apparel company during a trademark dispute was severe enough to support ordering Nike to pay attorney fees, with the smaller company saying it is owed about $6.75 million in fees.
The Pennsylvania Supreme Court on Thursday questioned Harrisburg Mall's argument that it should be let off the hook for Bass Pro Shops' legal bills after the retailer sank a customer's trip-and-fall suit, with one justice suggesting that the alleged need for proof or a judgment incentivized the tenant to lose the case.
A pair of attorneys specializing in advising clients on insurance technology matters have moved their practices this week from Goodwin Procter LLP to Holland & Knight LLP's offices in New York and Philadelphia.
After more than 70 years of providing legal services from its Pittsburgh office, Rothman Gordon PC announced Thursday that it will close its doors at the end of the month.
The York County, Pennsylvania, Court of Common Pleas judge who was accused of 31 counts of fraud, witness tampering and obstruction of justice related to his allegedly misusing unemployment relief funds to pay his law firm's employees during the COVID-19 pandemic has been suspended from the bench.
A Philadelphia federal judge Wednesday refused to disqualify Blank Rome from representing three of its attorneys facing claims they brought a baseless lawsuit against another attorney in retaliation for switching from corporate defense to the plaintiffs bar.
The owner of a popular Philadelphia nightclub claims a now-disbarred ex-Blank Rome real estate attorney falsified court records, forged documents and failed to represent the club owner in several legal matters over a five-year period.
DLA Piper has expanded its litigation services in the Philadelphia office this week by adding an attorney with more than 30 years of courtroom experience.
Labor and employment boutique Constangy said Wednesday that a North Carolina partner is stepping up to co-chair the firm's immigration practice group.
Several law firms this year, including Akin Gump Strauss Hauer & Feld LLP and McDermott Will & Emery LLP, have filled artificial intelligence-focused chief and director roles to keep up with technological advances and client demands, according to legal recruiters.
The full Delaware Supreme Court on Tuesday revived GMG Insurance Agency's malpractice suit claiming Margolis Edelstein's incompetence caused the insurer to have to settle a case for $1.2 million, saying there are still disputed facts about whether the law firm's representation fell below the requisite standards.
An attorney suing three Blank Rome LLP lawyers, an aircraft motor manufacturer and its parent company was unable to persuade a Pennsylvania federal court to stop a former judge from testifying for the defense as an expert witness in a retaliation case stemming from her decision to switch from representing companies to doing plaintiffs work.
A York County Common Pleas judge faces more than 30 federal counts, including fraud, witness tampering and obstruction of justice, over allegations of using federal unemployment benefits to pay staff members of his law office while they remained employed at the beginning of the COVID-19 pandemic.
Former employees of the U.S. Marshals Service say that while judicial security has never been more urgent, finding trends is nearly impossible: The way threats against federal judges are tracked has varied so much from year to year, the data is essentially meaningless.
Polsinelli PC announced Monday that it promoted its chief of staff to serve as both its staff lead and as its first chief practice strategy officer, tasking her with managing how its practices work together to benefit clients and promoting innovation through strategies such as the use of artificial intelligence.
Chamberlain Hrdlicka White Williams & Aughtry has added a new chief operating officer who joined from Greenberg Traurig LLP and a chief business development officer and marketing director who came aboard from Gray Reed & McGraw LLP, the firm announced Tuesday.
Law firm management consultants say they continue to see historic interest among law firms to engage in merger talks, driven further by a spate of big deals announced during the third quarter of the year, but the number of actual combinations inked has remained fairly steady, Law360 Pulse data shows.
Labor and employment firm Littler Mendelson PC has added the former executive vice president and chief information officer at photonics and light technology company Excelitas Technologies as its chief digital innovation officer.
Billing rates for the top 100 law firms in the United States surged by 10% from 2023 to 2024, the largest rate hike in the past three years, according to a new research report on Tuesday.
A real estate attorney's more than two decades of experience representing stakeholders on all sides of commercial real estate transactions made him the perfect choice for Royer Cooper Cohen Braunfeld LLC to make its first lateral addition to the Philadelphia-based firm's real estate practice in three years.
A majority of legal industry employers say that artificial intelligence is changing the skill sets they look for in hiring, according to a report released Monday by business consulting firm Robert Half, with the report also finding that employers prefer to train existing employees than hire externally.
Nearly 60% of general counsel and chief legal officers expect a reduced reliance on outside legal service providers due to generative artificial intelligence — more than double since a 2023 survey showed 25% of respondents would cut the number of law firms they work with in the next year to slash costs, according to data released Monday.