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As New York private equity heavy hitter Schulte Roth & Zabel LLP merges with McDermott Will & Emery LLP, industry observers say the tie-up is a smart and unique marriage that reflects the trend of consolidation among law firms, especially in markets like New York.
The legal industry ended July with another action-packed week as attorneys took on new firm gigs and in-house roles across the country. Test your legal news savvy here with 极速赛车 Pulse鈥檚 weekly quiz.
For the fifth straight month, the U.S. legal industry experienced job growth, adding 600 positions in July, according to preliminary data released on Friday by the U.S. Bureau of Labor Statistics.
A widow is not entitled to innocent spouse relief from tax debt she shared with her husband because the underlying income belonged to her, the Eleventh Circuit said, affirming a U.S. Tax Court ruling and skirting an additional challenge to job protections for judges.
Many BigLaw associates haven't seen a base pay scale increase since 2023, and inflation-adjusted associate salaries at large law firms appear to have fallen to a decade low. Additionally, experts say it's unlikely most large law firms will offer a pay boost before the end of the year.
State supreme courts need to address the nationwide "justice gap crisis" caused by too few attorneys, by emphasizing bar exam alternatives and more client work in law school to ensure the legal education pipeline produces new lawyers who are actually ready to practice, according to a new report.
July was a month of debuts for a handful of firms that opened offices and expanded into new markets. Arnold & Porter Kaye Scholer LLP entered the Seattle market with the help of three former K&L Gates LLP attorneys, and boutique Dunn Isaacson Rhee LLP opened its first office in Washington, D.C., after launching earlier this year.
As one of the founding partners of Orrick Herrington & Sutcliffe LLP's new Miami office, Ken Wiggins said it made perfect sense for the firm to set up shop in a city that is becoming an East Coast hub for "technology innovation."
K&L Gates LLP announced Thursday that it has named 14 new practice leaders, calling the appointments part of the firm's "commitment to investing in its emerging leaders and establishing the next generation of management."
The class of 2024 was the largest graduating law school class in nearly a decade, but it defied industry expectations by breaking records in overall employment rate, employment in jobs that require or anticipate bar passage, and median salaries, according to data released Thursday.
Law firms take great care to ensure their longevity. To develop leaders, they carefully identify, mentor and groom the next generation. While top firms can outspend them, some firms are finding alternatives to acquire and retain partners. In a bid to win the loyalty of key clients, firms are increasingly involving them in their lateral hiring processes.
The Eleventh Circuit has revived a Georgia attorney's suit accusing the state's bar association of racial bias, finding that a district court wrongly dismissed the case for lack of jurisdiction.
Jacksonville, Florida-headquartered Fisher Tousey Leas & Ball PA has combined with Upchurch Bailey and Upchurch, which has been established in the St. Augustine community for 100 years.
A former Duane Morris LLP litigator has joined Lawson Huck Gonzalez PLLC to spearhead the launch of a new Miami office, the firm announced Wednesday.
For over three years, Cahill Gordon & Reindel LLP has operated Cahill Academy, a year-round program for lawyer training, education and professional development. Here, 极速赛车 Pulse talks to an executive committee member and a firm associate about how and why the program works.
As artificial intelligence increasingly becomes part of the way the legal industry does business, associates who incorporate lessons in using the technology into their daily work lives stand to differentiate themselves from other young attorneys, legal experts tell 极速赛车 Pulse.
Three attorneys sanctioned for judge shopping while challenging an Alabama statute that criminalizes gender-affirming care have asked the Eleventh Circuit to clear their names, castigating the process that led to their censure as "so extraordinary as to approach unprecedented."
Tampa criminal defense boutique Todd Foster Law Group, which was founded by a former FBI special agent, will join Johnson Pope Bokor Ruppel & Burns LLP, according to a Tuesday announcement.
In-house lawyers increasingly are having conversations about their compensation packages, with more than half of corporate legal department respondents saying in a recent survey that they had negotiated their pay in 2024 or 2025, according to findings released Tuesday by a legal executive search firm.
Continental PLLC bolstered its white collar, international arbitration and campaign finance capabilities with the addition of four new attorneys in Miami and Washington, D.C., each coming from different law firms or government entities.
Peter Ticktin and Ticktin Law Group PA have been ordered by a Florida federal judge to pay roughly $321,000 in attorney fees as a sanction for "flagrant conduct" involving their failure to properly investigate patent infringement claims filed on behalf of a client related to smart glass technology.
Legal experts are weighing in on comments OpenAI Inc. CEO Sam Altman made during an interview last week about ChatGPT exchanges not having legal privilege, saying information put into the publicly available chatbot are discoverable during litigation.
A Florida state judge has rejected Matthiesen Wickert & Lehrer SC's bid to dismiss a whistleblower case by the former leader of its Jacksonville office.
Several states are making information about their Supreme Court justices' finances and potential financial conflicts somewhat more accessible, according to a new report.
Some law firms find that people are the hardest part of their business to modernize, not technology and processes, according to staffing agency Forrest Solutions Legal's 2025 Future of Work Survey Report.
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 鈥 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.
鈥淣o comment鈥 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.
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.
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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.
LinkedIn has several features law firms can use to showcase their capabilities and thought leadership to reach prospective and existing clients, including the Event and Live features, says Sofia Millar at Reputation Ink.
Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.
By initiating planning and processes to evaluate personal retirement goals and firm value early, longtime solo practitioners and small-firm owners can unlock a range of possibilities and potential buyers, setting up for a profitable exit and a rewarding transition, says Brent Daub at Gilson Daub.
When crafting an appellate brief, the focus for most lawyers is the argument section, but other sections also offer strategic opportunities to shape the court's perception of the case and favorably frame the issues, say attorneys at Frost Brown.