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Law firms are facing a fast-evolving business landscape. To best stay on top of new developments and trends in the biggest issues of the day, Law360 Pulse will run a series of surveys examining the key factors shaping policies and operations at law firms.
Anjana Patel, the newly-announced managing partner of Baker Donelson’s two new locations in New Jersey, joined Law360 Pulse to discuss how her team is playing a role in Baker Donelson’s expansion into the Northeast.
Xayn AG, a Germany-based company that calls itself "Europe's first sovereign legal" artificial intelligence, changed its name to Noxtua SE and secured an €80.7 million (about $91.4 million) Series B investment on Wednesday.
O'Melveny & Myers LLP announced Wednesday it has bolstered its intellectual property and technology practice with the addition of an experienced litigator who most recently oversaw global IP litigation for technology company Lenovo.
Cozen O'Connor announced Wednesday that an employment and appellate litigator from Dinsmore & Shohl LLP is joining its Chicago office after 15 years practicing in Kentucky.
The portion of 2024 graduates from U.S. law schools who had secured jobs making use of their degrees 10 months after graduation rose 1.7% compared to a similar analysis performed for 2023 graduates, according to data released Wednesday by the American Bar Association.
Akerman LLP has added a former Womble Bond Dickinson LLP partner to the firm's Charlotte, North Carolina, office for its corporate practice group, the firm announced Tuesday.
Milbank LLP announced Tuesday the addition of a former Gibson Dunn & Crutcher LLP lawyer to its New York office, highlighting his experience handling commercial real estate transactional matters for clients such as private equity and sovereign wealth funds, top financial institutions and family offices.
While law firms continue to push return-to-office policies, recruiters say they have yet to see mass departures in response. The real friction point for associates, they noted, is with senior partners.
Kirkland & Ellis LLP announced Wednesday that it has boosted its corporate practice in Houston by bringing on a partner with deep private equity experience in the energy sector who came aboard after a decade at Vinson & Elkins LLP.
Fisher Phillips has started a new practice group that merges legal strategy with public relations experience in response to today's era in which a single social media slipup can have catastrophic consequences for a company's brand, the firm announced Tuesday.
The former co-chief of the Southern District of New York's illicit finance and money laundering unit has returned to private practice at Fenwick & West LLP, where the firm said Wednesday he'll focus on white collar crime and fraud matters.
Freshfields LLP said Wednesday that it has promoted more than 20 lawyers from its international network of offices to its partnership, with those based in London accounting for more than a third of the new intake.
After seeing a record 2024, several BigLaw federal lobbying practices reported a strong financial start to this year as they helped clients navigate the deluge of actions from the new Trump administration, according to figures shared by firms this week.
Winston & Strawn LLP announced Tuesday that it has appointed a new chief operating officer who formerly worked at Boston Consulting Group to help steer the firm's business services and strategy.
Wilson Sonsini Goodrich & Rosati PC announced the latest addition to its general counsel in residence program on Tuesday, selecting a firm alum who previously was Pinterest's top attorney.
McGuireWoods Consulting has added a housing and financial services pro to the firm's federal public affairs team, who comes from a role as the National Association of Realtors' federal legislative representative.
Cozen O'Connor has hired the former chair of Crowell & Moring LLP's corporate and Israel practices to serve as its strategic growth partner and as the head of its new Israel practice, the firm announced Tuesday.
Morrison Foerster LLP has hired a former Perkins Coie LLP leader who focuses his practice on a range of regulatory matters involving the U.S. Food and Drug Administration as its new head of food and regulatory, the firm announced Tuesday.
Willkie Farr & Gallagher LLP is expanding its Texas transactional team, announcing Tuesday it is bringing on a pair of Baker Botts LLP private equity whizzes as partners in its year-old Dallas office.
Legal search firm CenterPeak LLC announced the addition of a Major Lindsey & Africa managing director on Monday, saying her initial focus will be on recruiting in New York and Washington.
Goodwin Procter LLP has grown its private investment funds practice with the addition of a Kirkland & Ellis LLP partner in California, the firm said Tuesday.
Top Democrats investigating the Trump administration's deals with major law firms are not satisfied with the initial responses they've received even though the firms say nothing about their work or philosophy has changed.
Greenberg Traurig LLP has hired two gaming attorneys who focus their practices on regulatory and business-side matters, who bring their practices to the group's Washington, D.C., and Chicago offices, the firm announced Tuesday.
A&O Shearman said Tuesday that it has promoted more than 30 lawyers to its partnership, boosting numbers in areas from mergers and acquisitions to litigation and investigations.
Series
Biz Development Tip Of The Month: Create A Succession PlanConversations around retirement and succession can be understandably difficult, but when attorneys make a plan for the transition early and effectively, they have the opportunity to not only keep work but also increase it, says Jillian McKenna at Verrill Dana.
In recent years, top-tier law firms have pushed hourly rates to unprecedented heights, with some partners commanding $3,000 per hour — but this eye-popping number doesn’t tell the full story, as there are numerous caveats and rigorous winnowing along the way, says Christopher Seck at Squire Patton.
Law firms that successfully manage two-tiered partnership do so by creating a culture that treats everyone with respect and by establishing financial incentives outside their base compensation to reward performance, says Carol Morganstern at Major Lindsey.
Series
Biz Development Tip Of The Month: Leverage Your Atty BioIf maintained properly, your firm bio can help attract potential clients and create authentic connections, so it's crucial to take steps to write an updated attorney profile that goes beyond a list of credentials, says Raychel Lean at Reputation Ink.
Eran Kahana at Maslon discusses how partners can encourage responsible use of artificial intelligence tools within their firms by learning to spot pitfalls common to AI-generated work product and championing firmwide procedures and trainings that address the risks of uncritically relying on this powerful but imperfect technology.
Law firm culture is often dismissed as a soft factor — merely platitudes on a website that seem disconnected from the bottom line — but by intentionally embedding a strong culture into day-to-day operations, law firms can achieve sustainable success, says Shireen Hilal at Maior Strategic Consulting.
To ensure that lateral partners effectively integrate their books of business, firms should design a structured transition plan based on a few fundamentals, from tracking the right data to implementing meaningful incentives, says Lana Manganiello at Practice Growth Partner.
As law firms continue to wrestle with return-to-office policies, many are being pulled toward one or the other of two extremes: the rigidity of a five-day in-office schedule and the laissez-faire approach of a flexible three-day hybrid model — but a four-day in-office workweek may be the sweet spot, says Paul Manuele at PR Manuele Consulting.
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Biz Development Tip Of The Month: Prioritize ConnectionsOne reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
Roundup
Biz Development Tip Of The MonthIn today's competitive legal market, attorneys must excel at business development in addition to the practice of law, despite a lack of business training in most law school curricula. In this Pulse Expert Analysis series, experts share real-world tips each month to help fill the learning gap.
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.
Series
Talking Mental Health: Caring For Everyone As A Firm LeaderReid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.