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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.
Gunster has struck a settlement agreement in one of the two proposed class actions it faces in Florida federal court over a 2022 data breach, while the plaintiffs in the second case urged the court the same day to reject the law firm's dismissal bid in their suit.
Quinn Emanuel Urquhart & Sullivan LLP's 3-year-old Miami office has just surpassed the 20-lawyer mark with the addition of seven attorneys in the past two months.
Amid a number of recent legal challenges, large law firms in the U.S. have amped up many of their environmental, social and governance-related efforts, with particular growth in environmental sustainability action, while areas like diversity, equity and inclusion have been less successful, according to a report out Wednesday that examined firms' public-facing communications.
A Georgia federal judge on Wednesday granted Morgan & Morgan PA's bid to compel arbitration of a former client's legal malpractice claims, ruling that the state's justices have already rejected his argument that arbitration clauses between attorneys and clients should be unenforceable.
FTX customers dismissed Sullivan & Cromwell LLP from ongoing multidistrict litigation over the crypto exchange's collapse on Wednesday, after an investigation by the customers' counsel into the firm and dialogue with the FTX bankruptcy estate and appointed examiner resolved concerns about the law firm's conduct.
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.
A Florida lawyer accused in a state court suit of ignoring and defrauding dozens of clients who paid nonrefundable retainers has faced a series of similar allegations in federal court, drawing the ire of judges and opposing counsel.
The Florida Supreme Court has suspended the law license of the onetime clerk of courts for Jefferson County after he was convicted of grand theft and sentenced to 18 months behind bars.
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.
Varnum LLP, a Michigan law firm with an office in Florida, has launched a diversity fellowship program specifically for first-year law students.
A former partner at Shumaker Loop & Kendrick LLP rejoined the firm in Sarasota, Florida, after a short stint as an in-house counsel at a development company and as special counsel at Adams and Reese LLP.
White & Case LLP announced Monday the appointment of both a chief innovation officer and a chief marketing officer as the firm continues to expand through hiring and office openings.
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 tax attorney who formerly practiced at Stradling Yocca Carlson & Rauth PC has joined Henderson Franklin Starnes & Holt PA's business and tax planning department and will work from the firm's Florida offices in Fort Myers and Naples.
A Florida state court judge Monday ordered a woman who uncovered a house-flipping scheme allegedly run by the husband of a former Miami city attorney to produce documents in the case, including communications with journalists, in an attempt to show whether any misconduct occurred over the course of the investigation.
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.
Georgia county prosecutors fought a bid by former White House Chief of Staff Mark Meadows to move his election interference case into federal court, telling the U.S. Supreme Court that the legal issues at play require more "percolation" before they are ripe for review.
The general counsel of chemical company Element Solutions announced in a recent U.S. Securities and Exchange Commission filing that he plans to retire from his position in 2025.
Opinion
We Need More Professional Diversity In The Federal JudiciaryWith the current overrepresentation of former corporate lawyers on the federal bench, the Biden administration must prioritize professional diversity in judicial nominations and consider lawyers who have represented workers, consumers and patients, says Navan Ward, president of the American Association for Justice.
Series
Ask A Mentor: How Do I Retire Without Creating Chaos?Retired attorney Vernon Winters explains how lawyers can thoughtfully transition into retirement while protecting their firms’ interests and allaying clients' fears, with varying approaches that turn on the nature of one's practice, client relationships and law firm management.
Narges Kakalia at Mintz recounts her journey from litigation partner to director of diversity, equity and inclusion at the firm, explaining how the challenges she faced as a female lawyer of color shaped her transition and why attorneys’ unique skill sets make them well suited for diversity leadership roles.
Navigating the legal world as an Asian American lawyer comes with unique challenges — from cultural stereotypes to a perceived lack of leadership skills — but finding good mentors and treating mentorship as a two-way street can help junior lawyers overcome some of the hurdles and excel, say attorneys at Paul Weiss.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Opinion
Judges Deserve Congress' Commitment To Their SafetyFollowing 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.