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Pillsbury Winthrop Shaw Pittman LLP is boosting its intellectual property team, announcing Thursday it is bringing on the former co-chair of Buchalter PC's intellectual property practice as a partner in its San Diego office.
Microsoft's Brad Smith may not carry the title anymore, but he is still the company's top lawyer, and he cashed in $35.3 million worth of company stock in May. Other big law department winners last month were Intuit's Kerry McLean with $12.18 million and Loar Holdings Inc.'s Michael Manella with $12 million.
As nonequity partnership tiers expand across U.S. law firms, experts warn that the model, while effective for retaining talent and controlling costs, demands disciplined management oversight to avoid becoming a liability.
Domestic lawyer headcount growth among the 400 largest law firms in the U.S. picked up speed in 2024, rising 3.1% on average and outpacing growth the previous year, but experts say the winds that bolstered that expansion may have shifted as a result of macroeconomic uncertainty.
Many of the largest law firms in the U.S. had a strong year in 2024. And as demand for their services ticked upward they invested in bench strength, boosting the number of lawyers available to assist clients, our latest ranking of the largest U.S. law firms shows.
Davis Wright Tremaine LLP is expanding its food and beverage team, bringing in a Coblentz Patch Duffy & Bass LLP transactional attorney specializing in the wine and hospitality industry as a partner in its San Francisco office.
Following a string of departures from the firm now known as Taylor Duma LLP — most notably a former name partner and a onetime managing partner — founding partner and Chairman Marc A. Taylor said the midsize law firm has a plan to grow in a more efficient and agile manner.
Weil Gotshal & Manges LLP is expanding its transactional team in California, announcing Wednesday that it is bringing in a DLA Piper entertainment, sports and media dealmaker as a partner in its Los Angeles office.
Even as lawyers have returned to the office in larger numbers than in the years during and immediately following the COVID-19 pandemic, hybrid in-person and remote work remains the norm at law firms today, which have turned their focus to creating flexible, collaborative spaces that "link presence to purpose," according to the results of a survey released this week.
Biometric security company FaceTec told a California federal judge that Morrison & Foerster LLP should be barred from representing identity verification platform Jumio in a patent suit, arguing that its participation is "tainted" by the actions of disqualified co-counsel Perkins Coie LLP.
Direct Relief's new CEO Amy Weaver has made various jumps in her career — from Seattle to Hong Kong, online travel to chemical distribution to SaaS, chief legal officer to chief financial officer to chief executive officer. And while the Harvard Law School grad's moves may appear completely different, she sees each role, company, industry and location as a building block.
Online legal services provider LegalZoom announced Wednesday a strategic partnership with Perplexity, a search service utilizing large language models to answer user queries.
Proskauer Rose LLP has hired the former chair of Loeb & Loeb LLP's international trusts and estates practice group to represent ultra-high-net-worth individuals and families.
Four organizations are citing new court developments involving Google Inc. Chief Legal Officer Kent Walker's alleged mishandling of evidence in again asking the State Bar of California to discipline him.
Norton Rose Fulbright is expanding its product liability team, announcing Tuesday that it is bringing in a K&L Gates LLP trial attorney as a partner in its Los Angeles office.
San Francisco intellectual property and psychedelics lawyer Graham Pechenik announced Tuesday that he has transformed his nearly 10-year-old firm Calyx Law into a new partnership with Frank Gerratana, a Boston-based patent law veteran and former Mintz Levin Cohn Ferris Glovsky & Popeo PC member.
A California federal judge sentenced Tom Girardi on Tuesday to over seven years in prison for his wire fraud conviction, granting some leniency to the disbarred attorney on his 86th birthday by imposing a sentence below the guidelines in recognition of his age and ailing health.
A rebound in client work sent the nation’s largest law firms into growth mode last year, driving a wave of hiring, mergers and strategic moves that reshaped the top tier of the Law360 400. Here's a preview of the 100 firms with the largest U.S. attorney headcounts.
The alternative dispute resolution service Signature Resolution is bringing in a soon-to-retire Murchison & Cumming LLP personal injury trial attorney to join its panel of neutrals.
Crowell & Moring LLP and Faber Daeufer & Itrato PC announced Tuesday they have combined, allowing Crowell & Moring to open an office in Boston that builds on Faber Daeufer's strong presence in the city's life sciences community.
A California federal judge ruled Monday she will sentence Tom Girardi this week for his wire fraud conviction, finding him mentally competent enough to potentially serve prison time following a bizarre hearing where the disbarred attorney made an appearance on the witness stand that culminated in his pants falling down.
The California state bar's committee of bar examiners has approved two additional remedies in an effort to help applicants who failed the troubled February exam, including asking the state Supreme Court to approve a further scoring adjustment that would bring the passing rate up to about 63%.
Ropes & Gray LLP has moved its Silicon Valley office to a new location in downtown Palo Alto, California, a move to strengthen its presence in the tech region, the firm announced Monday.
H. Lee Godfrey, one of the founders of litigation boutique Susman Godfrey LLP, died on Monday, leaving behind a legacy as a thoughtful leader who performed exceptional work as a trial attorney, firm leaders said.
O'Melveny & Myers LLP announced Monday the hire of a pair of former Orrick Herrington & Sutcliffe LLP attorneys who have worked together across multiple firms for nearly 15 years to its corporate finance practice, which the firm says has grown from three to 16 partners over the last five years.
Law firm culture is often dismissed as a soft factor — merely platitudes on a website that seem disconnected from the bottom line — but by intentionally embedding a strong culture into day-to-day operations, law firms can achieve sustainable success, says Shireen Hilal at Maior Strategic Consulting.
To ensure that lateral partners effectively integrate their books of business, firms should design a structured transition plan based on a few fundamentals, from tracking the right data to implementing meaningful incentives, says Lana Manganiello at Practice Growth Partner.
As law firms continue to wrestle with return-to-office policies, many are being pulled toward one or the other of two extremes: the rigidity of a five-day in-office schedule and the laissez-faire approach of a flexible three-day hybrid model — but a four-day in-office workweek may be the sweet spot, says Paul Manuele at PR Manuele Consulting.
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Biz Development Tip Of The Month: Prioritize ConnectionsOne reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.
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Talking Mental Health: Caring For Everyone As A Firm LeaderReid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.
LinkedIn has several features law firms can use to showcase their capabilities and thought leadership to reach prospective and existing clients, including the Event and Live features, says Sofia Millar at Reputation Ink.
Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.
By initiating planning and processes to evaluate personal retirement goals and firm value early, longtime solo practitioners and small-firm owners can unlock a range of possibilities and potential buyers, setting up for a profitable exit and a rewarding transition, says Brent Daub at Gilson Daub.