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Average U.S. law firm revenue rose at a historic clip during the first half of 2024, but law firm financial experts are predicting a further influx of business for midsize and large firms primarily as a result of increased transactional activity following Wednesday's interest rate cut by the Federal Reserve.
A roster of fewer than 50 high-quality attorneys with deep roots in the state who are accustomed to handling significant cases has kept Hangley Aronchick Segal Pudlin & Schiller one of the top firms in Pennsylvania over the last year.
Montgomery McCracken Walker & Rhoads LLP expanded its litigation services in Philadelphia with the recent addition of a white collar and defense attorney who left Saxton & Stump after more than a year to join the firm.
Fifty-five percent of general counsel saw a budget increase in 2024 for their legal departments, and that number is expected to rise even higher next year, according to a new report from alternative legal service provider Axiom.
The Senate voted 52-41 Tuesday to confirm Mary Kathleen Costello as U.S. district judge for the Eastern District of Pennsylvania, but first the chamber's top Republican took time to blast judiciary policymakers for backing what he said were Democratic initiatives regarding the federal bench.
General counsel base salaries at companies making $5 billion or more in revenue has increased from last year, while their total compensation has decreased, according to a report released Tuesday by the Association of Corporate Counsel and Empsight International LLC.
Things are looking up for associates, recruiters say, as a strong economic outlook for the legal industry appears to be driving increased demand for younger attorneys after two straight years of layoffs.
Holland & Knight LLP urged a Pennsylvania federal judge on Monday to throw out what it called a "scattershot and vague" lawsuit alleging that a former firm partner unlawfully accessed a client's confidential documents in order to gain an upper hand in the partner's contentious divorce proceeding.
A former chief counsel with PNC Bank is leaving the world of in-house for McNees Wallace & Nurick, where she will help boost the firm's work in fiduciary litigation and disputes involving trusts and estates.
Kline & Specter may not be responsible for the Philadelphia Court of Common Pleas' reputation for "nuclear verdicts," but some of the firm's recent wins — including an eye-popping $2.25 billion jury award against Monsanto — haven't hurt that perception, while multimillion-dollar settlements and verdicts around Pennsylvania have shown it's not just a matter of home-court advantage.
A Philadelphia-based real estate company caught up in a contract dispute over an allegedly botched North Carolina development project has accused the defunct Schnader Harrison Segal & Lewis LLP of engaging in a "phantom billing scheme" to boost the firm's revenue ahead of its eventual dissolution last September.
Lynch Carpenter established itself as one of Pennsylvania's high-performing firms in 2024, from involvement on the plaintiffs' steering committee overseeing the $600 million deal to resolve the East Palestine, Ohio, train derailment litigation, to its assistance in achieving a settlement in CPAP medical device litigation of at least $479 million, as well as several wins in the realm of tuition reimbursement from universities that eliminated in-person learning during the COVID-19 pandemic.
While initially hesitant about using generative artificial intelligence because of confidentiality concerns, Ballard Spahr LLP eventually adopted an AI tool from a startup that cut down on time spent in litigation.
Kennedys said on Monday it has boosted its back-office technology and knowledge management teams with the hire of two experienced experts in legal procedures and practices and IT.
The law firms on Law360's list of 2024 Regional Powerhouses reflected the local peculiarities of their states while often representing clients in deals and cases that captured national attention.
After months of a relatively steady pace of law firm mergers and acquisitions, the trio of proposed BigLaw tie-ups announced in recent days will likely spur more firms toward entertaining similar deal talks, experts say. Here, Law360 offers a snapshot of the proposed deals.
Legal training provider AltaClaro released a generative artificial intelligence supervisory course for law firm partners that it developed with law firm K&L Gates LLP.
The Third Circuit won't revive a Philadelphia police officer's lawsuit alleging that city District Attorney Larry Krasner violated his civil rights by hitting him with a murder charge that was ultimately tossed, finding that the officer couldn't overcome the immunity granted to prosecutors when advocating on behalf of the state.
Sheppard Mullin Richter & Hampton LLP attorneys and Texas litigator Richard L. Stanley lead this week's edition of Law360 Legal Lions after the Federal Circuit on Monday revived a patent infringement case for their client Contour IP Holding LLC against GoPro Inc.
Another BigLaw firm merger and a report about rising litigation spending rocked the second week of September. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
The U.S. Senate is set to vote Monday on the nomination of Kevin Ritz to join the Sixth Circuit bench despite strong objection from the senior senator from Tennessee, one of the circuit's four states.
Buchanan Ingersoll & Rooney PC didn't have to look far for its new chief operating officer.
Faegre Drinker Biddle & Reath LLP is building out its white collar team with former veteran prosecutors, announcing Wednesday it had added two partners and an associate from Greenberg Traurig LLP who will bolster its San Francisco and Philadelphia offices
Nearly four years after leaving the corporate defense world to launch her own five-attorney plaintiffs' boutique, former Wilkinson Stekloff LLP founding partner Alexandra Walsh says she's looking forward to spending more time in the courtroom as her firm is absorbed by Philadelphia-based mass tort and personal injury firm Anapol Weiss. Here, Law360 Pulse speaks with Walsh about the decision to merge and about her move from the defense to the plaintiffs' bar.
Most law firms are using artificial intelligence tools for routine tasks over the coming year or plan to use them, but lawyers are concerned about the accuracy and security of the technology, an industry survey revealed on Thursday.