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Modern Lawyer
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Law Firm Billing Rate Hikes Doubled In 2024
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.
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New Bill Would Enact 'Commonsense' Litigation Disclosures
A top Republican on the House Judiciary Committee announced Monday he introduced legislation to require the disclosure of parties receiving payments in civil lawsuits, a phenomenon known as "third-party litigation financing," in order to prevent abuses in the legal system.
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Kirkland Lands Antitrust Pro From FTC
Kirkland & Ellis LLP announced Monday that it has hired a former senior Federal Trade Commission attorney to bolster its antitrust and competition practice group.
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Most Legal Professionals Say They Have Adopted Some AI
Most legal professionals over the past year have adopted artificial intelligence in some way, according to a survey published Monday by legal technology giant Clio.
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Holland & Knight Adds Former US Attorney In Nashville
Holland & Knight LLP announced Monday that a former U.S. attorney for the Middle District of Tennessee has come aboard in Nashville, Tennessee, as a partner, boosting the firm's healthcare regulatory and enforcement practice.
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Legal Employers Say AI Is Affecting Hiring
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.
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Longtime Cooley Atty Launches DC-Area IP Boutique
Intellectual property lawyer John Mills, a co-founder and former IP group chair at Ambrose Mills & Lazarow PLLC, said Monday that he has launched his own Reston, Virginia-based boutique law firm.
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Ex-Mayer Brown Chair Helman Recalled As Steadfast Leader
Former Mayer Brown chair Bob Helman, who stepped up to lead his firm through a fraught juncture in the 1980s during his decades in Chicago's legal community, has died at 90 years old, the firm said Friday.
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In-House Teams Using More GenAI And Fewer Law Firms
Nearly 60% of general counsel and chief legal officers expect a reduced reliance on outside legal service providers due to generative artificial intelligence — more than double since a 2023 survey showed 25% of respondents would cut the number of law firms they work with in the next year to slash costs, according to data released Monday.
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Texas Boutique Tops Cravath As Compensation Season Starts
Texas healthcare boutique Gjerset & Lorenz LLP is surpassing the prevailing associate salary scale that Cravath Swaine & Moore LLP set last year by as much as $40,000, according to a report.
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Navigating The Path To Equity: Tips For Nonequity Partners
The rapid growth of nonequity partners at major law firms has expanded career options for attorneys, but it also brings distinct challenges as many lawyers in these roles often face extended paths to equity partnership, unclear succession planning, and limited transparency around compensation.
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Winston & Strawn Adds Digital Assets Pro From K&L Gates
Winston & Strawn LLP has hired as a partner for its transactions department and as a member of its digital assets and blockchain technology group an attorney who formerly worked at K&L Gates LLP and co-chaired its digital assets industry group.
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Baretz & Brunelle Adds Practice, Talent Management Pro
Legal consultancy Baretz & Brunelle welcomed a partner from legal executive search firm Calibrate who built her expertise at the intersection of talent and practice management, describing her as "one of the most experienced talent executives in the legal market" in a statement Monday.
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Mondelez, BCLP Ink $750K Deal To End Data Breach Suits
Mondelez Global LLC workers on Friday asked an Illinois federal judge to greenlight a $750,000 settlement that would resolve proposed data privacy class actions against their employer and Bryan Cave Leighton Paisner LLP stemming from a 2023 data breach.
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Milbank LLP Lands Departing SEC Enforcement Chief Grewal
Departing U.S. Securities and Exchange Commission enforcement director Gurbir Grewal will land at Milbank LLP in New York after he leaves the agency later this month, joining the law firm's litigation and arbitration group, according to a person familiar with the matter.
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High Court Bar's Future: Jenner & Block's Adam Unikowsky
In many ways, Adam G. Unikowsky of Jenner & Block LLP has traveled a tried-and-true path — Harvard, elite clerkships, BigLaw — to the upper echelons of U.S. Supreme Court advocacy. But his route to the forefront of the bar's next generation has been less conventional than it might appear, and he spoke with Law360 about how he's climbed so high — and how he excels by avoiding rhetoric that "judges really, really hate."
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Experience May Not Guard Fla. Attys Against Malpractice Suits
A newly published study of thousands of legal malpractice claims against Florida lawyers shows that, perhaps surprisingly, many of the lawyers accused of botching their clients' cases weren't recent law school graduates, but rather veteran attorneys.
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Lateral Hiring Softens In Q3 As Partner Moves Slow
After a brief period of stability in the second quarter, lateral recruitment at law firms has softened once more in the third quarter of 2024, particularly in the hiring of partner candidates, according to recent data from legal data company Firm Prospects LLC.
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Why There's No Mistrial Yet In 'Messed Up' Young Thug Case
Legal experts told Law360 that concerns about sunk cost and the possibility of defendants claiming double jeopardy may be the reasons why Young Thug's long and troubled racketeering trial has continued in Georgia despite more than 40 mistrial motions filed by defendants arguing prosecutorial misconduct and judicial bias.
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Feds Say Judge Threatened In Court Considering Trump Case
An Illinois man has been indicted for allegedly threatening to assault, kidnap and murder a federal judge in the Florida federal court where former President Donald Trump's classified documents case has been unfolding.
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OpenAI Brings On MoFo IP Litigator To Lead AI Research
A former intellectual property litigation partner from Morrison Foerster LLP is now OpenAI's lead counsel for artificial intelligence research, the company said Friday.
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White House Alum To Co-Lead Regulation At Lewis Brisbois
Lewis Brisbois Bisgaard & Smith LLP has tapped an attorney with deep experience across multiple government positions, including serving in the White House Office of Management and Budget, to co-chair its administrative law and regulatory practice.
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Morgan Lewis Promotes 26 Lawyers To Partner
Morgan Lewis & Bockius LLP announced this week that it has promoted 26 attorneys to partner across 12 offices.
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Legal Industry Jobs Creep Back Up After 4-Month Decline
After four straight months of employment declines, the U.S. Bureau of Labor Statistics' latest report shows positive signs for the legal industry.
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Mayer Brown Gains NY Corporate Atty From Freshfields
Mayer Brown LLP announced this week that its corporate and securities group has added a New York-based attorney from Freshfields.