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Average law firm partner billing rates rose 5.4% in 2023, higher than any other year in the last decade, with the largest law firms hiking prices the most, according to a report released Tuesday by LexisNexis' CounselLink.
Fewer recent law school graduates were unemployed in March than in the previous year, as the negative effects of the COVID-19 pandemic further recede into memory, according to data released Monday by the American Bar Association.
A group of 11 attorneys general is calling on the Senate to confirm Adeel Mangi, nominee for the Third Circuit, who would be the first federal Muslim appellate judge if confirmed, condemning allegations that he is antisemitic or anti-law enforcement.
Delaware's Supreme Court has reversed a lower-court decision that let Margolis Edelstein off the hook on claims that its incompetence caused GMG Insurance Agency to have to settle a case for $1.2 million, saying more consideration is needed to determine whether the firm was negligent.
In a bid to remain a competitive destination for young attorneys, Wilmington, Delaware-based firm Potter Anderson & Corroon LLP has increased the starting salary for associate attorneys to $210,000 from $190,000, effective immediately.
The legal industry had another busy week with more lateral hires, partner promotions, new practice group launches, in-house moves and the passing of a trailblazing former Connecticut Supreme Court chief justice. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Winston & Strawn LLP and attorney Richard Reinthaler lead this week's U.S. Supreme Court-dominated edition of Law360 Legal Lions, after the high court ruled that a corporation's failure to disclose certain information about its future business risks cannot, under certain circumstances, be the basis of a private securities fraud claim.
Like their counterparts on the U.S. Supreme Court, the justices on some state high courts are working in the shadows when issuing certain decisions, raising fears that their time-saving measures are not worth the cost in transparency.
Troutman Pepper Hamilton Sanders LLP and Locke Lord LLP are in merger talks to create a combined firm with more than 1,600 attorneys and nearly $1.6 billion in revenue, in what appears to be an effort to lock in both firms' leadership in six industry sectors.
The Third Circuit suggested it may be premature to hear Hunter Biden's appeal of a Delaware federal court's denial of his three motions to dismiss felony firearm charges.
BigLaw saw a significant uptick in reporting data breaches, while law firms of all sizes continue to be prime targets for cybercriminals, according to data compiled by Law360 Pulse via extensive public record requests.
Eckert Seamans Cherin & Mellott LLC has reappointed two members and added a Pittsburgh attorney to its executive committee to help steer the national firm's strategy and business planning.
Connolly Gallagher LLP has hired an attorney who previously worked at Tarabicos Grosso LLP for nine years to bolster its administrative and government law, land use and real estate, and general litigation services.
Not even six months into leading the legal department at LegalBillReview.com, Brian Arbetter now understands misconceptions that law firm lawyers have about in-house counsel, and vice versa.
After a 31% decline in 2023, lateral law firm movement is expected to dip further in 2024, both at the partner and associate levels, to return closer to prepandemic norms following a period of atypically high movement, according to a new report by Decipher Investigative Intelligence.
The American Bar Association on Wednesday announced that this year's recipient of its Michael Franck Professional Responsibility Award will be Susan Fortney, a Texas A&M University School of Law professor and ethics expert whose research has earned her international recognition.
Attorneys for Tesla Inc. notified Delaware's chancellor Wednesday that the company will seek stockholder approval June 13 for the same $55.8 billion Elon Musk compensation plan voided by Chancery Court on Jan. 30, along with reincorporation of Tesla as a Texas company.
Flaster Greenberg PC is launching an art industry group that will bring together its litigation, transportation and insurance law talent, saying Monday that the new team will protect collectors from loss or damage to artwork on display, in transportation or in storage.
When Michael Lackey first pitched others at Mayer Brown about using litigation funding for a matter, he got a less-than-positive response, he recalled.
Delaware law firm Young Conaway Stargatt & Taylor LLP announced Tuesday that it had increased its starting salaries for associates to $210,000, effective immediately, citing a commitment to recruit and retain top talent.
Former Delaware bankruptcy Judge Kevin J. Carey, who died Thursday at the age of 69, is remembered by colleagues as a respectful, practical judge who lawyers looked forward to appearing in front of in court.
Well-known arbitrator Kenneth Feinberg, speaking at a conference on Monday, said that he doesn't automatically wrinkle his nose when he hears that a litigation funder is part of a complex legal matter that he is attempting to find a resolution to.
With higher interest rates and fights over disclosure rules on the horizon, the litigation finance industry is in a tenuous place, but it's not slowing down, a series of experts said at the International Legal Finance Association 2024 Conference on Monday.
The legal chiefs at Microsoft and Walmart are among about a dozen leading corporate lawyers who soon will be recognized at the Burton Awards as "Legends in Law" for their track records of addressing complex matters and creativity in solving challenges.
A Delaware federal judge has rejected Hunter Biden's various attempts to duck felony firearm charges ahead of a trial, in particular slamming his contention that he is being selectively prosecuted because he's the president's son as "nonsensical" and "all speculation."