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Law firm billing rate increases of 8.3% across the industry drove profits upward by almost 6% in 2023, even as demand remained nearly flat, according to the results of a year-end survey of 130 law firms by Wells Fargo's Legal Specialty Group.
An in-house lawyer at American Airlines is returning to Kimberly-Clark as senior vice president and general counsel, reuniting with a former boss to collaborate on the consumer goods giant's growth strategy.
The U.S. Trustee's Office told a Texas bankruptcy court Tuesday that a $257,000 fee application submitted by a former Jackson Walker attorney working for IEH Auto Parts Holding LLC should be denied in its entirety because the lawyer did not disclose a personal relationship with a since-resigned judge serving as a mediator in the proceedings.
The top attorney for infrastructure consulting firm AECOM earned nearly $2.6 million in 2023, a slight increase compared to his compensation from the previous year.
McGuireWoods LLP has rehired the former managing partner of its Houston office, who returns to the firm after most recently serving as co-chair of Willkie Farr & Gallagher LLP's power and renewable energy practice, the firm announced Tuesday.
As large law firms reportedly consider historic changes to their partnership structures and compensation systems, and the industry looks back at another mostly flat year for profits, the lateral partner job market has been thrown into flux, with many BigLaw partners wondering, "Can I find better elsewhere?"
Employers' side labor and employment firm Ogletree Deakins Nash Smoak & Stewart PC announced Monday it has tapped a longtime litigator as its new managing shareholder. She is the sixth person, and the first woman, to serve in that role.
Law firms have long strived for better diversity in their ranks, but the effort to make a more organized, concentrated push to improve representation is still in its infancy, according to a recent survey of diversity professionals at major U.S. firms.
A preliminary report from the Texas bar's artificial intelligence task force offered a sweeping look at the challenges and opportunities the technology presents for the legal profession in the state, with possible recommendations touching on attorney ethics, the use of AI in the court system, and other topics.
Texas Attorney General Ken Paxton called on the state Supreme Court Monday to erase a trial court order directing him and top aides to sit for depositions in a long-running whistleblower suit, saying that discovery should not occur because his office has opted not to contest the allegations brought by former employees.
Augmented reality in courtrooms is years away at best, but recent advancements have inspired legal experts to imagine how this technology might improve evidence presentations in courts.
Fish & Richardson PC announced Monday that it has added the former managing director of professional development at Faegre Drinker Biddle & Reath LLP to its leadership team, hiring the veteran legal talent professional to become its next chief legal talent officer.
Consulting firm Socotec Advisory LLC says its rival raided its roster of legal industry consultants and expert witnesses, telling a Texas state court Thursday that its former workers orchestrated an exodus from the company with competitor Secretariat Advisors LLC and took trade secrets with them.
Law360 is looking for avid readers of its publications to serve as members of its 2024 editorial advisory boards.
Law firms have continued to raise billing rates in 2023, according to a report released Friday that broke down average billable rates across timekeeper roles, including partners, associates and paralegals.
A former New Jersey attorney who was disbarred in that state, as well as in New York and Pennsylvania, for misappropriating tens of thousands of dollars from clients also lost his license to practice law in Texas on Friday after a state Supreme Court decision affirmed his disbarment.
Cravath Swaine & Moore LLP leads this week's edition of Law360 Legal Lions, as a New York federal judge ruled in favor of a pair of photographers who launched separate but related copyright infringement suits alleging that well-known appropriation artist Richard Prince stole their work.
Wiggin and Dana handling a $1.8 billion aerospace acquisition and Morgan & Morgan winning an interim lead counsel battle lead off this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Jan. 12 to 26.
A Fifth Circuit panel has ordered a Texas federal court to consider the appeal of a man's 12½-year prison sentence for gun crimes, ruling a trial attorney failed to advise him about challenging the unexpectedly harsh sentence.
Outside counsel are often trained to respond to email at all hours and deliver on requests from corporate clients posthaste, a culture of on-demand service that has played a part in mental health challenges in the profession. In recent years, though, some clients have begun to push for a paradigm shift.
Texas Attorney General Ken Paxton has urged a state appellate court for a second time to review a lower court order requiring him to sit for a deposition in a long-running retaliation lawsuit brought by four former senior staffers, arguing there are no longer disputed issues of fact that call for such discovery.
Lawyers who were recently interim general counsel say that successfully serving in the role meant finding ways to make their mark and build their own brand — and doing so in a subtle manner — to land the job permanently.
The legal industry’s busy January continued this week as BigLaw firms elevated attorneys and expanded their reach into growing markets. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
Naman Howell Smith & Lee PLLC, a Texas firm with a long history in the state, has expanded its footprint with a Houston office.
A Houston federal judge gave the parties being sued for trademark infringement by Lewis Brisbois five days to respond with proposed revisions to a protective order governing billing records the BigLaw behemoth has generated in the case as the judge tried to bring the lawsuit "back to normal litigation."
Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.
SeriesAsk A Mentor: How Can I Ace My Upcoming Annual Review?
Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.
In order to be perceived as prestigious by clients and potential recruits, law firms should take their branding efforts beyond designing visual identities and address six key imperatives to differentiate themselves — from identifying intangible core strengths to delivering on promises at every interaction, says Howard Breindel at DeSantis Breindel.
Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.
SeriesAsk A Mentor: How Can I Successfully Switch Practices?
Associates who pivot into new practice areas may find that along with the excitement of a fresh start comes some apprehension, but certain proactive steps can help tame anxiety and ensure attorneys successfully adapt to unfamiliar subjects, novel internal processes and different client deliverables, say Susan Berson and Hassan Shaikh at Mintz.
Amid demands from clients and prospective hires for greater sustainability efforts, law firms should think beyond reusable mugs and create programs that incorporate clear leadership structures, emission tracking and reduction goals, and frameworks for reporting results, says Gayatri Joshi at the Law Firm Sustainability Network.
Associates may hesitate to take on the added commitment of pro bono matters, but such work has tangible skill-building benefits, so firms should consider compensation and leadership strategies to encourage participation, says Rasmeet Chahil at Lowenstein Sandler.
The pandemic has likely exacerbated the prevalence of problem drinking in the legal profession, making it critical for lawyers and educators to address alcohol abuse and the associated stigma through issue-specific education, supportive assistance and alcohol-free professional events, says Erica Grigg at the Texas Lawyers' Assistance Program.
OpinionLawyers Have Duty To Push For Immigration Court Reform
Attorneys must use their collective voice to urge federal lawmakers to create an Article I immigration court outside executive branch control, helping address the conflicts of interest, political influence and lack of adjudication consistency that prevent migrants from achieving true justice, say Elia Diaz-Yaeger and Carlos Bollar at the Hispanic National Bar Association.
SeriesAsk A Mentor: How Can 1st-Year Attys Manage Remote Work?
First-year associates can have a hard time building relationships with colleagues, setting boundaries and prioritizing work-life balance in a remote work environment, so they must be sure to lean on their firms' support systems and practice good time management, say Jenny Lee and Christopher Fernandez at Kirkland.
Attorney team leaders have a duty to attend to the mental well-being of their subordinates with intention, thought and candor — starting with ensuring their own mental health is in order, says Liam Montgomery at Williams & Connolly.
As law firms begin planning next year's summer associate events, they should carefully examine how choice of venue, activity, theme, attendees and formality can create feelings of exclusion for minority associates, and consider changing the status quo to create multiculturally inclusive events, says Sharon Jones at Jones Diversity.
SeriesAsk A Mentor: How Do I Negotiate Long-Term Flex Work?
Though the pandemic has shown the value of remote work, many firms are still reluctant to embrace flexible working arrangements when offices reopen, so attorneys should use several negotiating tactics to secure a long-term remote or hybrid work setup that also protects their potential for career advancement, says Elaine Spector at Harrity & Harrity.
Instead of spending an entire semester on 19th century hunting rights, I wish law schools would facilitate honest discussions about what it’s like to navigate life as an attorney, woman and mother, and offer lessons on business marketing that transcend golf outings and social mixers, says Daphne Delvaux at Gruenberg Law.
Female lawyers belonging to minority groups continue to be paid less and promoted less than their male counterparts, so law firms and corporate legal departments must stop treating women as a monolithic group and create initiatives that address the unique barriers women of color face, say Daphne Turpin Forbes at Microsoft and Linda Chanow at the Institute for Inclusion in the Legal Profession.