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Connecticut Pulse
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Law Firm Revenue Rose At 'Historic' Rate In 2024's First Half
U.S. law firm revenue was up 11.4% during the first half of 2024 compared to this time last year, marking one of the industry's best first halves in memory, second only to 2021, according to survey results released Monday by Wells Fargo Private Bank.
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ABA Guides Lawyers On Avoiding Criminal Transactions
Just over a year after the American Bar Association formalized long-standing due diligence rules for attorneys' interactions with clients, an ABA committee on Friday released its first ethics opinion providing guidance on interpreting the rules amendment.
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Law360 Pulse Spotlight On Mid-Law Work
Richards Layton's handling of a suit over Tesla's Texas relocation and Wiley's representation of an American solar panel makers' interest group lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Aug. 9 to 23.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry had another action-packed week as BigLaw firms expanded practices, shook up partnership models, and outlined new policies on office attendance. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Law360's Legal Lions Of The Week
Gibson Dunn & Crutcher LLP, Fillmore Law Firm LLP, Bradley Arant Boult Cummings LLP, Sullivan & Cromwell LLP, the U.S. Chamber Litigation Center and the Business Roundtable lead this week's edition of Law360 Legal Lions, after a Texas federal judge blocked a Federal Trade Commission ban on noncompete agreements in employment contracts.
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Conn. Civil Rights Atty Named Interim Correction Ombudsman
A Connecticut attorney who has obtained multiple seven-figure settlements against the state on behalf of incarcerated individuals has been named the interim state Department of Correction ombudsman tasked with reviewing and evaluating the operations of the state's correctional facilities.
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Women Attys Mobilizing For Harris Say They Can't Sit This Out
As Vice President Kamala Harris seeks to become the first female president, women in BigLaw and the broader legal community are rallying behind her, motivated by issues such as reproductive rights.
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McCarter & English Lands 2 McElroy Deutsch Litigators
Two experienced attorneys from McElroy Deutsch Mulvaney & Carpenter LLP, including the former managing partner for its New England offices, have left the firm for McCarter & English LLP in Connecticut.
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Spellbook CEO Aims For AI To Cut Junior Associate Drudgery
A legal technology company known for its artificial intelligence contract drafting and review software is releasing a new AI copilot on Thursday to help legal teams become more efficient.
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Commercial Contracts Cases Spike After COVID-Era Decline
Commercial contracts litigation increased in 2023 after hitting its lowest point in a decade in 2022 as a result of the COVID-19 pandemic, according to a new report out Thursday.
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Ex-Client Opposes Amicus In McCarter & English Fee Fight
A dietary supplement maker has asked Connecticut's highest court to reject a bid by the Connecticut Trial Lawyers Association to file a friend-of-court brief in a case questioning whether McCarter & English LLP can obtain punitive damages in a fee dispute, saying no additional input is necessary because no tort occurred.
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Are Big Mergers Worth It For BigLaw Firms Looking To Grow?
If a law firm adds 100 or more lawyers via a combination, you might expect that firm to see significantly higher headcount than before the merger five years after, but an analysis of data tracked by Law360 Pulse shows that, for many firms, the correlation between a big merger and big growth is not so clear.
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The 2024 Women In Law Report
For a decade, Law360 has been tracking gender equity at law firms as they continue working to close the gender gap. Our latest report shows where firms are succeeding and where they’re falling short on reaching gender parity.
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A Deep Dive Into Law360 Pulse's 2024 Women In Law Report
The legal industry continues to see incremental gains for female lawyers in private practice in the U.S., according to a Law360 Pulse analysis, with women now representing 40.6% of all attorneys and 51% of all associates.
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Representation In The Ranks: How Firms Are Faring
The Law360 Pulse Women in Law Report provides a data-driven view of U.S. law firms at the end of 2023. Here, we look at the representation of women at all levels of a typical law firm, from associates to equity partners.
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These Firms Have The Most Women In Equity Partnerships
The legal industry still has a long way to go before it can achieve gender parity at its upper levels. But these law firms are performing better than others in breaking the proverbial glass ceiling that prevents women from attaining leadership roles.
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The 2024 Women in Law Report: How Firms Stack Up
Female attorneys have reached a new high in their share of law firm equity partnerships, but firms' progress simply hasn't been significant enough to shatter the longstanding glass ceiling in the industry.
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All Signs Point Up For Law Firm Financials In First Half
After a couple of years of sluggish growth in work flowing into law firms, U.S. firms saw meaningful increases in demand, revenue and lawyer productivity during the first six months of 2024, according to the results of a midyear survey by Citi Global Wealth at Work.
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Chinese Exile's Daughter Wants Ch. 11 Sanctions Overturned
The daughter of bankrupt Chinese exile Miles Guo and her New Jersey-based attorney are asking the Second Circuit to overturn a bankruptcy judge's $83,370 discovery sanction, calling the discovery requests in question unclear and the sanction excessive.
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Steeped In Politics, Uber CLO In His Element Aiding Harris
It was no surprise when Uber Chief Legal Officer Tony West decided on the eve of the Democratic National Convention to take a leave of absence from his $10 million-a-year job to volunteer on the presidential campaign of his sister-in-law, Kamala Harris.
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It Takes Two, Baby: When Solo Attys Decide To Partner Up
They say that one is the loneliest number, but for solo practitioners, adding a partner or another lawyer to their practice can be daunting. Former solos told Law360 Pulse why doubling up was worth it in the end.
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Careful Planning Can Help Small Firms Avoid Growing Pains
Some small firm founders hang their shingle with the intention of growing into a behemoth, and others wake up one day after a decade of steady growth to realize they've gone from a 10-attorney firm to one with 50. Either way, growth can be daunting.
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As Your Firm Grows, Do You Need A Paralegal Or Assistant?
Attorneys at large law firms often enjoy plenty of nonlawyer help: paralegals, marketing professionals, an accounting department and more. By contrast, small firm lawyers and solo practitioners often have to carefully consider if hiring a support staffer is worth it. Here's the story of how some small firm lawyers have made this decision.
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Law360's Legal Lions Of The Week
Shaw Keller LLP and Covington & Burling LLP lead this week's edition of Law360 Legal Lions, after a federal judge overturned a Delaware jury verdict that AstraZeneca owes $107.5 million for infringing two cancer drug patents owned by a Pfizer unit.
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BigLaw's Pause To Consider Bonuses Is Becoming New Norm
It's been more than a week since Milbank LLP first announced it was offering special bonuses this summer to its associates and counsel. And traditionally, BigLaw has been swift to follow a market leader like Milbank on pay.
Expert Analysis
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Coping With Secondary Trauma From Pro Bono Work
As the need for pro bono services continues to grow in tandem with the pandemic, attorneys should assess their mental well-being and look for symptoms of secondary traumatic stress, while law firms must carefully manage their public service programs and provide robust mental health services to employees, says William Silverman at Proskauer.
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How Firms Can Benefit From Creating Their Own ALSPs
As more law firms develop their own legal services centers to serve as both a source of flexible personnel and technological innovation, they can further enhance the effectiveness by fostering a consistent and cohesive team and allowing for experimentation with new technologies from an established baseline, say attorneys at Hogan Lovells.
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Modernizing Legal Education Through Hybrid JD Programs
Amid pandemic-era shifts in education, law schools and other stakeholders should consider the wide geographic and demographic reach of Juris Doctor programs with both online and in-person learning options, and educators should think through the various ways hybrid programs can be structured, says Stephen Burnett at All Campus.
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How BigLaw Can Mirror Small Firm Attorney Engagement
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BigLaw has the unique opportunity to hit refresh post-pandemic and enhance attorney satisfaction by adopting practices that smaller firms naturally employ — including work assignment policies that can provide junior attorneys steady professional development, says Michelle Genet Bernstein at Mark Migdal.
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Ditch The Annual Review To Boost Attorney Job Satisfaction
In order to attract and retain the rising millennial generation's star talent, law firms should break free of the annual review system and train lawyers of all seniority levels to solicit and share frequent and informal feedback, says Betsy Miller at Cohen Milstein.
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How Attorneys Can Narrow LGBTQ Gap In The Judiciary
Lawyers can take several steps to redress the lack of adequate LGBTQ representation on the bench and its devastating impact on litigants and counsel in the community, says Janice Grubin, co-chair of the Judiciary Committee at the LGBT Bar Association of Greater New York.
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Employers Must Heed Rising Attorney Stress And Alcohol Use
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Krill Strategies’ Patrick Krill, who co-authored a new study that revealed alarming levels of stress, hazardous drinking and associated gender disparities among practicing attorneys, highlights how legal employers can confront the underlying risk factors as both warnings and opportunities in the post-COVID-19 era.
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Lawyers Can Get Ready For Space Law To Take Flight
While international agreements for space law have remained relatively unchanged since their creation decades ago, the rapid pace of change in U.S. laws and policies is creating opportunities for both new and veteran lawyers looking to break into this exciting realm, in either the private sector or government, says Michael Dodge at the University of North Dakota.
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Series
Ask A Mentor: What Makes A Successful Summer Associate?
Navigating a few densely packed weeks at a law firm can be daunting for summer associates, but those who are prepared to seize opportunities and not afraid to ask questions will be set up for success, says Julie Crisp at Latham.
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How To Successfully Market Your Summer Associate Program
Law firms can attract the right summer associate candidates and help students see what makes a program unique by using carefully crafted messaging and choosing the best ambassadors to deliver it, says Tamara McClatchey, director of career services at the University of Chicago Law School.
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Opinion
Judges Deserve Congress' Commitment To Their Safety.jpg)
Following the tragic attack on U.S. District Judge Esther Salas' family last summer and amid rising threats against the judiciary, legislation protecting federal judges' personal information and enhancing security measures at courthouses is urgently needed, says U.S. District Judge Roslynn Mauskopf, director of the Administrative Office of the U.S. Courts.
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Series
Ask A Mentor: How Can Recalcitrant Attys Use Social Media?
Social media can be intimidating for reluctant lawyers but it can also be richly rewarding, as long as attorneys remember that professional accounts will always reflect on their firms and colleagues, and follow some best practices to avoid embarrassment, says Sean Marotta at Hogan Lovells.
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Keys To Digitizing Inefficient Contract Management Processes
Neville Eisenberg and Mark Grayson at BCLP explain how they sped up contract execution for one client by replacing email with a centralized, digital tool for negotiations and review, and how the principles they adhered to can be helpful for other law firms looking to improve poorly managed contract management processes.
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Series
Ask A Mentor: How Can Firms Coach Associates Remotely?.jpg)
Practicing law through virtual platforms will likely persist even after the pandemic, so law firms and senior lawyers should consider refurbishing their associate mentoring programs to facilitate personal connections, professionalism and effective training in a remote environment, says Carol Goodman at Herrick Feinstein.
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How Law Firms Can Welcome And Celebrate Autistic Lawyers
As the U.S. observes Autism Acceptance Month, autistic attorney Haley Moss describes the societal barriers and stereotypes that keep neurodivergent lawyers from disclosing their disabilities, and how law firms can better accommodate and level the playing field for attorneys whose minds work outside of the prescribed norm.