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Each quarter, Law360 Pulse reports on U.S. law firms' financial results from Wells Fargo and Citibank, often highlighting industry averages. But I wanted to dive deeper into the 2024 year-end results that just came out to dissect the highs and lows of law firm performance last year.
New York federal Judge Frederic Block has been on a campaign lately, arguing that state court judges should enjoy the same discretion he does to reconsider the sentences of people condemned to spend decades in prison.
Tech startup ROSS Intelligence infringed copyrighted material from Thomson Reuters' Westlaw platform to create a competing legal research tool powered by artificial intelligence, a Delaware federal court said Tuesday in a highly anticipated opinion that is the first to rule on whether infringement in AI training is protected by fair use.
Federal judges regularly sit on panels at conferences and similar events, sharing their best practices and most valuable pieces of advice with patent lawyers and others in the room. In the first installment of a two-part series, Law360 has pulled together advice over the last few years that remains as relevant as ever.
Conservative advocacy groups urged the U.S. Equal Employment Opportunity Commission on Monday to scrutinize the American Bar Association's diversity and internship programs, claiming the organization is committing unlawful discrimination in the name of diversity.
As U.S. law firms look back at another year of strong profits, many partners are left with a good deal of cash in their bank accounts and little time to think about how to invest it.
The U.S. legal sector started the year with a modest boost, adding 900 jobs in January, according to preliminary data from the U.S. Bureau of Labor Statistics released Friday following the agency's annual employment data revision that also lifted earlier job figures from the past year.
Lawyers from Latham & Watkins LLP and Proskauer Rose LLP kick off this week's Law360 Legal Lions, with a jury decision ending a $500 million antitrust lawsuit against their clients, U.S. Soccer and Major League Soccer.
Robbins Geller's work on a proposed shareholder class action against an Nvidia supplier and Greenspoon Marder's work on behalf of the maker of an AI-powered grocery service lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Jan. 24 to Feb. 7.
Last year was "one of the strongest years on record" for U.S. law firm financial results, according to Citi Global Wealth at Work Law Firm Group head Gretta Rusanow, with a survey by the bank of mostly large law firms showing a 16.6% increase in profits and a 12.3% increase in revenue over 2023.
The rapidly-growing firm Pierson Ferdinand LLP announced Friday that it selected one of its Philadelphia-based founding partners to serve as the firm's global general counsel.
The legal industry kicked off February with another action-packed week as attorneys took on new roles in BigLaw and the Trump administration. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Legal professionals surveyed reported high job satisfaction at the end of last year, signaling a quieter job market for the legal industry in 2025, according to a new report from recruiting firm Robert Half Inc.
The new U.S. attorneys under President Donald Trump's administration will almost certainly shift their offices' enforcement priorities, experts say, but they may also be faced with the impacts of a shrinking federal workforce and a politicized Justice Department, others worry.
Nearly 14 years after DLA Piper arrived in Wilmington, Delaware, the firm is renovating its office there for a roster of attorneys in core First State practice areas such as bankruptcy, intellectual property and corporate law.
An alternative dispute resolution venture started by a former Delaware Superior Court judge has been expanding rapidly since its launch in 2021, taking on more case work and bringing on big names in the First State's legal community, including other former judges.
Legal leaders at Netflix and Palantir Technologies were among those corporate lawyers who welcomed the New Year by hauling in millions of dollars in stock sales in January.
As law firms battle for business in a more competitive market, the new year has seen a wave of chief marketing officer appointments. This shift, experts say, reflects a growing emphasis on strategic leadership and business development, as firms look to differentiate themselves and drive growth.
SCOTUSblog founder Tom Goldstein’s bombshell tax evasion indictment puts the renowned appellate lawyer on a long list of attorneys to find themselves in hot water as a result of a gambling habit. And for small firms or solo practitioners, experts say the consequences can be even more dire.
Legal department moves in the past month included high-profile appointments at Hilton Hotels, the Baltimore Orioles baseball team and the restaurant chain White Castle. Meanwhile, several legal leaders left notable companies, including American Airlines, music streamer Spotify and radio broadcaster SiriusXM.
The American Bar Association's policymaking body recommended Monday that the U.S. Supreme Court adopt a binding ethics code as strict as the code of conduct that other U.S. federal judges must follow.
In an effort to "capitalize on growth opportunities," Husch Blackwell LLP has named a new chief operating officer and split its organizational structure to create separate operations and marketing and business development divisions, the firm announced Monday.
Law360 is looking for avid readers of our publications to serve as members of our 2025 editorial advisory boards.
WilmerHale leads this week's edition of Law360 Legal Lions, after a California federal judge refused to certify a class of consumers who say Meta would have to pay users for their data if it didn't lie about privacy safeguards.
The American Bar Association's policymaking body is expected to consider more than two dozen proposals at its semiannual meeting Monday, including two resolutions concerning judicial security as violence against judges is on the rise.
Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.
Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.
To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.
Series
Ask A Mentor: How Can I Negotiate My Separation Agreement?Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
Series
Ask A Mentor: How Do I Relay Shortcomings To Associates?Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.