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Texas Pulse
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What's Next For The Global Legal Market In 2025?
While U.S.-based firms with an international footprint are pulling back from some locations, they may still consider building out a new, albeit smaller, footprint in other countries, particularly in the Middle East and South Asia.
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These Law Firms Are Law360 Pulse's Global Leaders
What does it mean to be a truly global legal powerhouse? The law firms spotlighted in our 2024 ranking are setting the standard for worldwide reach.
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'Twice The Pace': 2024 Was A Busy Year For Law Firms
Even as mergers and acquisitions activity has remained relatively "soft," large and midsize law firms have experienced a substantial increase in demand over the last year at twice the historic average rate of increase, according to the co-author of a Thursday report on U.S. law firm financial results.
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Kramer Levin, Norton Rose To Match Milbank On Bonuses
Kramer Levin said its associates will receive year-end and special bonuses in line with those set by Milbank LLP ahead of its proposed merger with Herbert Smith Freehills LLP.
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Norton Rose Names Energy, Tax Attys As Houston Leaders
Norton Rose Fulbright said Wednesday that it has selected a pair of attorneys who have been with the firm their entire legal careers for new leadership positions in its Houston office.
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Texas High Court Suggests Atty Discipline Case Is Too Old
The Texas Supreme Court on Wednesday appeared sympathetic to a lawyer's claim that suspending her now for misconduct that occurred in Illinois in 2017 is barred by a four-year limitations statute and unfair.
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Spencer Fane Adds IP Ace With BigLaw, In-House Experience
Spencer Fane LLP has added a member of the trademark and copyright team at K&L Gates LLP to its intellectual property practice in its Austin, Texas, office, the firm announced Wednesday.
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Former AUSA To Lead Bradley Arant's Financial Crime Team
Bradley Arant Boult Cummings LLP announced that a former assistant U.S. attorney who joined the firm in October has been named chair of its newly formed financial crime and economic sanctions practice group.
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Mid-Law, Small Firms Must Do More To Limit Data Breaches
It's happening again. More law firms are experiencing data breaches and compromising clients' information due to inadequate cybersecurity measures.
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Which GCs Sold Stock In November? Quest, Exelixis, More
Legal leaders at Quest Diagnostics, SS&C Technologies and Exelixis, among others, had plenty to be thankful for in November after making multimillion-dollar stock sales.
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Wilkinson Stekloff Exceeds BigLaw's Year-End Bonuses
Associates at trial boutique Wilkinson Stekloff will receive year-end bonuses as much as $57,500 higher than those given across BigLaw on top of special bonuses matching those offered by other firms, founding partners said Tuesday.
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Norton Rose Names US Corporate, M&A And Securities Head
Norton Rose Fulbright announced Tuesday that it has tapped a New York partner to co-lead its U.S. corporate, mergers and acquisitions, and securities team.
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Approach The Bench: Judge Tunheim Advises Other Jurists
For more than a decade, U.S. District Judge John Tunheim has counseled judges from other countries on quandaries jurists face internationally, from artificial intelligence to court administration to judicial independence.
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Ex-Locke Lord Enviro Atty Joins Winstead After In-House Role
Winstead PC has added a Houston attorney whose experience with environmental matters while working in-house for a chemical company and in stints with the Texas state government and law firms like Locke Lord LLP will bolster the firm's real estate practice.
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Thompson Coe Settles Defamation Suit From Former Firm Atty
Thompson Coe Cousins & Irons LLP has reached a settlement in a defamation lawsuit in Texas state court filed by a former firm attorney who was appealing its dismissal under the state's anti-SLAPP law, court records show.
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Media Photographers Group CLO Tapped As Next CEO
The American Society of Media Photographers' board of directors has elected to elevate its top lawyer to the role of chief executive after nearly four years working in-house at the professional organization, which he first joined as a high school student.
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Are Law Firms Losing Money On Generative AI?
How to leverage generative artificial intelligence to enhance the bottom line is still a question mark for the vast majority of law firms, with many making massive investments in the technology without much of a plan for how to monetize it, law firm consultants say.
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Couple Say Texas Law Firm Let Disbarred Atty Represent Them
A Texas couple say in a lawsuit filed in Harris County court that a Houston-area law firm allowed a disbarred attorney to represent them in a case against the seller of their home, alleging he botched the case and failed to prevent their eviction.
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BakerHostetler Adds Litigation Duo From Dallas Boutique
Two former name partners at litigation boutique Carter Arnett Bennett & Perez PLLC have joined BakerHostetler in Dallas, strengthening its labor and employment and litigation practices with a combined three decades of experience, the firm announced Monday.
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Healthcare Biz Atty Rejoins Dentons As Partner In Dallas
Dentons announced Monday that an attorney who spent years in-house in the healthcare industry has rejoined the firm as a partner in Dallas to enhance its efforts servicing clients in health insurance regulation and other healthcare matters.
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Norton Rose Adds US Chief People Officer From V&E
Houston-based Norton Rose Fulbright beefed up its professional team this week with the addition of a talent development expert who joined the firm after more than 17 years with Vinson & Elkins LLP.
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The Top In-House Hires Of November
Legal department moves in the last month included high-profile announcements at CSX Corp., Cohen & Steers Inc. and Pershing Square Holdings Ltd., including two general counsel joining boards of directors. Here, Law360 Pulse looks at some of the top in-house appointments from November.
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Jackson Walker 'Extinguished' Privilege Over Judge Romance
An Oregon federal judge has said Holland & Knight LLP lawyers must turn over documents regarding their advice to Jackson Walker LLP on how to handle the "debacle" of a former firm partner's intimate relationship with a former bankruptcy judge, finding Jackson Walker has "utterly extinguished" any claim to attorney-client privilege.
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Mid-Law Firm Seward & Kissel Matching Milbank Bonus Scale
Seward & Kissel LLP, a Mid-Law firm with offices in New York and Washington, D.C., has joined the bonus bandwagon for associates by matching the year-end and special cash rewards set by Milbank LLP, according to media reports.
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Ex-Skadden Chair Retiring And Joining Legal Tech Boards
Eric Friedman, who led Skadden Arps Slate Meagher & Flom LLP for 15 years as chair and executive partner, is retiring from the firm at the end of the year and joining the boards of two legal tech companies.
Expert Analysis
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10 Principles For Effective Partner Reward Systems
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
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Why Interdisciplinarity Is Key To Designing The Future Of Law
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
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Incorporating ADA Guidance Into Lawyer Wellness Movement
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
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Series
Ask A Mentor: How Can New Partners Generate Business?
Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.
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9 Writing Tips From The Justices' Opinions Last Term
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.
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What Web3 Means For Lawyers' Ethical Duties
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
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NY's Cybersecurity CLE Rule Is A Sign Of Changing Times
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
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Opinion
Law Firms Stressing Work-Life Balance Are Missing The Mark
Law firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.
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A Law Student's Guide To Thriving As A Summer Associate
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
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Burnout Prevention Requires Effort From Attys And Firms
To avoid physical and emotional exhaustion, attorneys must respect their own and their colleagues' personal and professional boundaries, but law firms must also play a role in discouraging burnout culture — especially if they are struggling with attorney retention, say attorneys at Lowenstein Sandler.
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How I Owned My Power As An Asian American Woman In Law
Gibson Dunn's Debra Yang shares the bumps in her journey to becoming the first female Asian American U.S. attorney, a state judge and a senior partner in BigLaw, and how other women can face their self-doubts and blaze their own trails to success amid systemic obstacles.
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Successful In-House Alt Legal Services Start With 4 Questions
Law firms that are considering creating an in-house alternative legal service provider should focus not on recapturing revenue otherwise lost to outside vendors, but instead consider how a captive ALSP will better fulfill the needs of their clients and partners, say Beatrice Seravello and Brad Blickstein at Baretz & Brunelle.
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3 Reasons To Embrace Jargon In Legal Marketing Content
Ignore what you've been told about jargon — adding insider industry terms to your firm's marketing and business development content can persuade potential clients that you have the specialized knowledge they can trust, says Wayne Pollock at Law Firm Editorial Service.
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Future Lawyers Expect DEI Commitments Beyond Recruiting
To attract future lawyers from diverse backgrounds, firms must think beyond recruiting efforts, because law students are looking for diversity, equity and inclusion initiatives that invest in employee professional development and engage with students year-round, says Lauren Jackson at Howard University School of Law.
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Series
Ask A Mentor: How Can Law Students Build Real-World Skills?
Allison Coffin at Akin Gump discusses how summer associates going back to school can continue to develop real-world lawyering skills by leveraging the numerous law school resources that support professional development both inside and outside the classroom.