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Inflation rates are likely squeezing the bottom lines of some younger attorneys, financial experts tell Law360 Pulse. Below are their suggestions for young attorneys to be vigilant about spending and financial planning.
President Donald Trump on Tuesday ordered the immediate suspension of security clearances held by Covington & Burling LLP attorneys who represent former special counsel Jack Smith, with the president citing the attorneys' supposed roles in the "weaponization of the judicial process."
Sidley Austin LLP continues expanding its West Coast team, announcing it is adding a pair of Dentons consumer products safety litigators as partners in its San Diego and Los Angeles offices.
Kirkland & Ellis LLP surged back to the top of legal market intelligence provider Leopard Solutions' annual Law Firm Index released on Tuesday with a perfect score for the year, while last year's leader Latham & Watkins LLP slipped to fourth place.
The cousins of the woman killed by her former BigLaw partner husband urged a Georgia state court to reject a bid to deprive them of the settlement proceeds from the underlying wrongful death suit, saying the court shouldn't rely on the ex-lawyer's assertions that she wanted the funds to go to her godson.
As law firms remain tentative about using DeepSeek's generative artificial intelligence tool, legal technology vendors are more optimistic, with some already exploring the AI model and integrating it into their platforms.
The State Bar of California has reported what it calls "significant" shifts toward equity in attorney discipline in the five years since a watershed study showed a decades-long trend of disparity, including that Black male attorneys were more than three times as likely to be placed on probation or disbarred compared to their white counterparts.
Cravath Swaine & Moore LLP helped Robinhood successfully navigate sprawling "meme stock" litigation, steered freight provider Forward Air to a soft landing in a merger suit and secured a pair of precedential appellate wins for insurance startup Root and Mylan, earning a spot among the 2024 Law360 Securities Practice Groups of the Year.
Gibson Dunn & Crutcher LLP got Apple out of a $200 billion lawsuit that accused the tech behemoth of using an illegal monopoly to boot COVID-19 tracking and bitcoin applications from its App Store, earning the firm a spot as one of the 2024 Law360 Competition Groups of the Year.
Law firms that once led the charge on diversity initiatives now find themselves walking a tightrope, balancing their long-standing commitments to diversity with shifting corporate priorities and political pressure stemming from the Trump administration's efforts to curtail such programs.
Law firms in the United States have broken through years of pandemic-related uncertainty about market conditions and the need for office space to record the highest volume of lease activity in more than five years, according to newly released data.
Perkins Coie LLP announced Tuesday that it had strengthened its mergers and acquisitions and private equity practices with three Greenberg Traurig lawyers who have come aboard as partners in Dallas and Austin.
The former head of the Federal Communications Commission's Space Bureau has joined DLA Piper in Washington, D.C., to help lead its practice focused on space exploration and innovation, the firm said Tuesday.
King & Spalding LLP won't have to face a discrimination suit filed by a straight white woman who says she was dissuaded from applying to a summer associate program open only to "diverse" applicants, a Maryland federal court has ruled, saying she has not sufficiently demonstrated a real intent to apply to the position and therefore lacks standing.
Winston & Strawn LLP announced Tuesday that former Eastern District of Texas U.S. Attorney Damien Diggs has joined the firm as a Dallas-based litigation partner, bringing unique experience to its government investigations, enforcement and compliance practice.
K&L Gates LLP announced it has hired the former leader of Kilpatrick Townsend & Stockton LLP's global international disputes group, who is joining the firm's energy, infrastructure and resources practice to work with power and utilities clients.
Bryan Cave Leighton Paisner LLP said Tuesday that its U.K. business grew by 12% in 2024, far outpacing the firm's overall global growth.
Holland & Knight LLP has continued to build up its Texas government advocacy team with the addition of an expert who has years of experience both in private practice and inside the halls of the state Legislature in Austin.
Willkie Farr & Gallagher LLP announced Tuesday that it has added three litigation partners from Jenner & Block LLP, including former U.S. Ambassador Lee Wolosky, who will chair Willkie's new national security and cross-border litigation practice.
A real estate attorney who has spent his entire, almost two-decade career with Nixon Peabody LLP has joined Polsinelli PC's Chicago real estate team to continue his work advising clients on a range of issues involving real estate transactional matters, the firm announced Monday.
Steptoe LLP continues growing its West Coast team, announcing Monday it is bringing in a Venable LLP commercial trial lawyer as a partner in its Los Angeles and San Francisco offices.
U.K.-based law firm Gunnercooke LLP announced the launch of a Chicago office, marking the second state it has entered since launching in New York in 2022.
Eckert Seamans Cherin & Mellott LLC has expanded its intellectual property practice in Pennsylvania with the addition of an attorney from boutique IP firm KDW Firm PLLC.
Holland & Hart LLP said it has added real estate attorney Heather Park Meek as a partner in its Denver office.
Bernstein Litowitz Berger & Grossmann LLP's attorneys recently secured over half a billion dollars for investors of government-sponsored mortgages in their suit against the federal government, and millions more for investors of publicly traded companies like Qualcomm and Perrigo, earning the firm a spot among the 2024 Law360 Securities Groups of the Year.
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Ideas For Closing BigLaw's Diversity GapIf enough law firms undertake some universal diversity best practices, such as connecting minority lawyers to key client relationships and establishing accountability for those charged with spearheading progress, the legal industry could look a lot different in the foreseeable future, says Frederick Nance, global managing partner at Squire Patton.
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How Law Firms Can Hire And Retain More Black AttorneysThe pipeline of Black lawyers is limited, so BigLaw firms must invest in Black high school students, ensure Black attorneys receive origination credit and take other bold steps to increase Black representation in the industry, says Benjamin Wilson, chairman at Beveridge & Diamond.
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BigLaw Needs More Underrepresented Attorneys As LeadersHiring more women, people of color and members of the LGBTQ community to BigLaw positions of power is the first key to making other underrepresented attorneys believe they have an opportunity for a path to leadership, says Ernest Greer, co-president at Greenberg Traurig.
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Advancing Racial Justice In The Legal Industry And BeyondIn addition to building and nurturing a diverse talent pipeline, law firms should collaborate with general counsel, academics and others to focus on injustices within the broader legal system, says Jonathan Harmon, chairman at McGuireWoods.
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Diversity Work Doesn't Have To Be Reserved For PartnersServing on my firm's diversity committee as an associate has allowed me to improve access, support and opportunity for minority attorneys at the firm, while building leadership skills and fostering meaningful relationships with firm management and industry professionals, says Camille Bent at BakerHostetler.