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The month of May brought memorable stock deals for some legal chiefs, with Spencer Collins of Arm Holdings leading the way with $19.8 million in sales. Keith Larson at Venture Global earned over $15 million in stock sales last month, while the soon-to-depart Kathryn Ruemmler at Goldman Sachs reaped just over $14 million, and Booking Holdings' Peter Millones collected over $10 million.
The legal sector saw 1,200 more jobs in May after gaining 1,900 positions the month before, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.
Legal tech giant Clio announced Thursday the opening of an office in New York City, which will serve as its U.S. base of operations.
Winston Taylor leads this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ended a patent suit over Hikma Pharmaceuticals USA Inc.'s generic version of a heart drug that uses a so-called skinny label.
King & Spalding LLP announced Thursday that it has hired two former Proskauer Rose LLP attorneys, one of whom co-led their prior firm's global finance and corporate and fund finance teams.
Katten Muchin Rosenman LLP has joined the growing list of firms that are largely matching a new pay scale for associates set earlier this week by Milbank LLP, with attorneys set to see annual pay increases of $10,000 to $20,000.
The legal industry kicked off June with another action-packed week as firms doled out associate raises and expanded practices across the country. Test your legal news savvy here with Law360 Pulse's weekly quiz.
A former McDermott Will & Schulte attorney has moved to Hogan Lovells as a partner in the antitrust, competition and economic regulation practice, the firm announced Thursday.
Quinn Emanuel Urquhart & Sullivan LLP and a Texas-based litigation boutique are the latest firms to match Milbank LLP's pay hikes for associates, with annual increases of $10,000 to $20,000 that top off at $455,000.
The New York state trial court judge overseeing President Donald Trump's civil fraud case granted his request to preserve notes from private meetings between state litigators and Trump's former attorney Michael Cohen after the key witness said he felt "pressured" to testify.
Robins Kaplan LLP has announced that it has hired a longtime intellectual property litigator from Crowell & Moring LLP in New York, touting his work handling high-stakes disputes involving mechanical, electrical and software technologies.
Eversheds Sutherland has hired the former leader of Hogan Lovells' trade finance practice for the Americas as a New York partner, the firm announced Thursday.
A Law360 Pulse examination found that women hold the vast majority of top human resources jobs in BigLaw, giving them a pivotal role in how the U.S. legal industry manages attorneys and other firm employees.
An investment fund has filed a complaint in New York State court accusing a Pillsbury Winthrop Shaw Pittman partner of conspiring with convicted fraudsters to con the fund into writing a $145 million loan to now-defunct financial services company Aspiration Partners.
The race to match Milbank LLP's attorney pay hikes is officially on, with trial firm Hueston Hennigan the latest to announce it will increase associate pay by $10,000 to $20,000 annually.
Cooley LLP announced Wednesday that it has hired a pair of Kirkland & Ellis LLP attorneys who the firm says strengthen its ability to guide clients through the full life cycle of infrastructure investments.
The new top lawyer of The Suite wanted to be a civil rights lawyer, but after practicing in BigLaw, for a Fortune 40, a tech startup, a nonprofit and on a presidential campaign, she has learned there's nothing quite like being a general counsel supporting other general counsel.
Sidley Austin LLP has elevated 52 attorneys to partner from 11 offices in 23 practice areas.
Paul Weiss Rifkind Wharton & Garrison LLP announced Monday that it has welcomed a corporate partner from Dechert LLP, touting his role in large mergers and acquisitions in the life sciences, financial services, consumer and retail, energy, technology and industrial sectors.
A recently formed New York boutique firm announced Tuesday it has recruited two experienced litigators: one, a former prosecutor who helped convict President Donald Trump on New York state criminal charges; the other, a longtime defense lawyer now representing former Venezuelan President Nicolás Maduro.
The federal judiciary's decision to strike a chapter on climate change from its guide to scientific evidence is misguided, partisan and "will impede the judiciary's ability to pursue truth," according to a Tuesday letter from nearly two dozen Democratic state attorneys general.
The departing executive vice president and chief legal officer of IAC Inc. earned more than $7 million in total compensation in 2025, thanks mainly to $4.5 million in stock awards, according to a securities filing.
BigLaw firms may soon partner with private equity to gain an edge in the talent wars, potentially reshaping the U.S. legal industry despite fears that the shift could corrode firms' cultures.
Sweden-based Legora, a legal artificial intelligence platform, announced Tuesday its acquisition of Cadastral, an AI startup focused on commercial real estate.
Milbank LLP is increasing associate pay by $10,000 to $20,000 annually, with new salary floors of $235,000 and pay reaching as high as $455,000 for more experienced attorneys, according to the firm.
In 2022, partners considering lateral moves have new priorities, and firms that hope to recruit top talent will need to communicate their strategy for growth, engage on hot issues like origination credit and diversity initiatives, and tailor their integration plans toward expanding partners’ client base, says Gloria Sandrino at Lateral Link.
Lawyers are experiencing burnout on a massive, unprecedented scale due to the pandemic, but law firms and institutional players can and should make a difference by focusing on small, practical solutions that protect their attorneys’ most precious personal resource and professional commodity — time, says Chad Sarchio, president of the District of Columbia Bar.
Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.
Series
Ask A Mentor: How Can I Ace My Upcoming Annual Review?
Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.
In order to be perceived as prestigious by clients and potential recruits, law firms should take their branding efforts beyond designing visual identities and address six key imperatives to differentiate themselves — from identifying intangible core strengths to delivering on promises at every interaction, says Howard Breindel at DeSantis Breindel.
Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.
Series
Ask A Mentor: How Can I Successfully Switch Practices?
Associates who pivot into new practice areas may find that along with the excitement of a fresh start comes some apprehension, but certain proactive steps can help tame anxiety and ensure attorneys successfully adapt to unfamiliar subjects, novel internal processes and different client deliverables, say Susan Berson and Hassan Shaikh at Mintz.
Amid demands from clients and prospective hires for greater sustainability efforts, law firms should think beyond reusable mugs and create programs that incorporate clear leadership structures, emission tracking and reduction goals, and frameworks for reporting results, says Gayatri Joshi at the Law Firm Sustainability Network.
Associates may hesitate to take on the added commitment of pro bono matters, but such work has tangible skill-building benefits, so firms should consider compensation and leadership strategies to encourage participation, says Rasmeet Chahil at Lowenstein Sandler.
The pandemic has likely exacerbated the prevalence of problem drinking in the legal profession, making it critical for lawyers and educators to address alcohol abuse and the associated stigma through issue-specific education, supportive assistance and alcohol-free professional events, says Erica Grigg at the Texas Lawyers' Assistance Program.
Opinion
Lawyers Have Duty To Push For Immigration Court Reform
Attorneys must use their collective voice to urge federal lawmakers to create an Article I immigration court outside executive branch control, helping address the conflicts of interest, political influence and lack of adjudication consistency that prevent migrants from achieving true justice, say Elia Diaz-Yaeger and Carlos Bollar at the Hispanic National Bar Association.
Series
Ask A Mentor: How Can 1st-Year Attys Manage Remote Work?
First-year associates can have a hard time building relationships with colleagues, setting boundaries and prioritizing work-life balance in a remote work environment, so they must be sure to lean on their firms' support systems and practice good time management, say Jenny Lee and Christopher Fernandez at Kirkland.
Attorney team leaders have a duty to attend to the mental well-being of their subordinates with intention, thought and candor — starting with ensuring their own mental health is in order, says Liam Montgomery at Williams & Connolly.
As law firms begin planning next year's summer associate events, they should carefully examine how choice of venue, activity, theme, attendees and formality can create feelings of exclusion for minority associates, and consider changing the status quo to create multiculturally inclusive events, says Sharon Jones at Jones Diversity.
Series
Ask A Mentor: How Do I Negotiate Long-Term Flex Work?
Though the pandemic has shown the value of remote work, many firms are still reluctant to embrace flexible working arrangements when offices reopen, so attorneys should use several negotiating tactics to secure a long-term remote or hybrid work setup that also protects their potential for career advancement, says Elaine Spector at Harrity & Harrity.