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Modern Lawyer
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Companies Report Increasingly Gearing Up For AI Risks
More than a third of major public companies in a study cite AI as a risk factor in their annual financial filings, and 73% report they are aligning with external cybersecurity standards. Both numbers are significantly higher than last year.
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Texas Legislature Bans Social Media, Text Legal Solicitations
Attention Texas attorneys: Be careful about sending out pitches to solicit new clients through text message or social media message, or hiring someone else to do it for you, because if you're not careful, you might run afoul of an updated Texas criminal law.
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Wilson Sonsini Adds Cooley Capital Markets Pro In Calif.
Wilson Sonsini Goodrich & Rosati PC continues adding Cooley LLP attorneys to its corporate team, announcing Tuesday it is bringing in a capital markets expert as a partner in its San Francisco office.
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Ballard Partners' Quarterly Lobbying Revenue Surges To $25M
Ballard Partners saw a more than five-fold increase in federal lobbying revenue in the third quarter compared to the same period last year, far outpacing law firms' earnings.
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Fisher Phillips Expands Across Country With 4 New Partners
Fisher Phillips has continued its recent growth throughout the last month with the addition of four partners at offices across the country, the firm said Tuesday.
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Greenberg Traurig Opens 51st Office In Aspen, Colo.
Greenberg Traurig LLP announced the opening of a new office in Aspen, Colorado, on Tuesday, putting a franchise and distribution shareholder in charge of the firm's 51st location worldwide.
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Debevoise Taps Goodwin Team For Private Funds Group
Debevoise & Plimpton LLP has hired a team of secondaries lawyers from Goodwin Procter LLP, including a partner who will co-chair the firm's private fund transactions group.
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ASU Law Opens AI And Legal Tech Studio
As more law schools look to get ahead of the curve on artificial intelligence, the Sandra Day O'Connor College of Law at Arizona State University announced Monday that it has established an AI and Legal Tech Studio under the leadership of the University of Oklahoma College of Law's former director of Technology Innovation.
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The 2025 Law360 Pulse Prestige Leaders
Check out our Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, attractiveness to attorneys and law students, ability to secure accolades and positive legal news media representation.
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Prestige Leaders: The Firms In The Billionaires' Club
As BigLaw firms continue to post record-breaking revenues, we're highlighting the firms that reported more than $1 billion in gross revenue in the most recent calendar year.
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What It Takes to Stay Elite As Legal Market Shifts
The law firm market has undergone unprecedented change in recent years, allowing for more upward mobility for some firms yet presenting risks for the longtime stalwarts of prestige. Here's how law firms navigate those shifting dynamics.
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These Firms Are The 2025 Prestige Leaders
Clients gravitate towards firms with sterling reputations, and so does exceptional legal talent. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction.
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The Key To GCs' Government Relations? Access To DC
Evolving federal policies and the shifting geopolitical terrain under the Trump administration have underscored the need for companies to have a proactive government relationship strategy, which starts with forming a network in Washington, D.C., a group of attorneys said during a panel Monday.
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Cleary Adds Proskauer Funds Atty Amid Changing Market
Cleary Gottlieb Steen & Hamilton LLP has hired a new global funds group attorney in Washington, D.C., who is joining the team from Proskauer Rose LLP as retail and private investment markets continue evolving, the firm announced Monday.
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Ropes & Gray Names 21 New Partners, Keeps 1-Tier Structure
Ropes & Gray LLP has announced that it will stick to its unique one-tier partnership structure and is promoting 21 attorneys from four offices to partner as of Nov. 1.
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O'Melveny Adds Corporate Finance Partner In Singapore
O'Melveny & Myers LLP has added an experienced corporate finance partner from Kirkland & Ellis LLP to its Singapore office, amid an expansion of the firm's finance capabilities in Asia.
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Latham Adds Gibson Dunn IP Transactions Ace In SF Bay Area
Latham & Watkins LLP is expanding its corporate team, bringing in a Gibson Dunn & Crutcher LLP intellectual property transaction expert as a partner in its San Francisco Bay Area offices.
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Paul Hastings Adds Baker Botts Energy M&A Pro In Houston
Paul Hastings LLP announced Tuesday that it has added a Houston-based energy deal lawyer from Baker Botts LLP, expanding the firm's transactional capabilities in the energy industry and strengthening its Texas platform.
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Miami Atty Accused Of Defamation For False Media Campaign
A Miami luxury homebuilder is suing attorney Javier Lopez and his former firm Kozyak Tropin & Throckmorton PA for defamation, claiming he made false statements to the press and to third parties calling the homebuilder a criminal who was under FBI investigation.
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How GCs Can Keep The 'Essence' Of Their DEI Efforts
While shifts this year in federal diversity, equity and inclusion guidelines may have changed the way corporate legal teams track and share demographic information — including for their external counsel — a panel of in-house attorneys who spoke Monday said their work on the issue continues.
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Katten Names Real Estate Finance Atty As New Leader In LA
Katten Muchin Rosenman LLP has promoted a longtime real estate finance attorney to be the new head of its Los Angeles office.
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Paul Weiss, NFL And FIFA Defender, Launches Sports Practice
Paul Weiss Rifkind Wharton & Garrison LLP, whose attorneys have represented the National Football League and FIFA, and have helped lead multibillion-dollar transactions on the acquisition of sports teams and businesses, has launched a formalized sports practice, the firm announced Monday.
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Reed Smith Opens 3rd Middle East Office In Saudi Arabia
Reed Smith LLP announced Monday that it has expanded its Middle East operations by launching an office in Riyadh, Saudi Arabia, with the help of three new hires from local law firm Mahassni & Co.
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Goodwin Elects PE Pro As Incoming Managing Partner
Goodwin Procter LLP has elected private equity partner Joshua Klatzkin as the firm's next managing partner to take over next year from Mark Bettencourt, who has held the role since 2019, the firm announced Monday.
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Squire Patton Brings Back Corporate Ace In San Francisco
A transactional attorney who started her legal career at Squire Patton Boggs LLP more than 20 years ago has rejoined the firm as a San Francisco-based partner.
Expert Analysis
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Generating Confidence In A Legal Nonprofit
I started LawWithoutWalls to change the way legal professionals see and think about their world, and it taught me the importance of giving people a reason to believe in your nonprofit mission, as well as how to achieve work-life integration, says Michele DeStefano at the University of Miami.
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Nonequity Partner Frustrations Reflect Erosion Of Opportunity
Nonequity partners report the lowest satisfaction, highest stress and poorest financial outlook of any group of lawyers, highlighting a growing structural disconnect that leaves attorneys at many firms feeling like the ladder has been pulled up behind those who already ascended, says Jake Carroll at Nelson Mullins.
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Building Brand Awareness For A Legal Nonprofit
I co-founded the Bridging the Gap Scholarship as a way to increase minority representation in BigLaw, and my advice for other legal professionals starting a nonprofit is to focus on building brand awareness early on, and to get comfortable delegating work to a dedicated team, says Imani Maatuka at Sidley.
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Learn Your Colleagues To Cross-Sell Their Services Fearlessly
Understanding where colleagues in other practice areas shine can help attorneys confidently cross-sell each other's services and bring in business to keep the firm afloat in hard times, says Joe Calve at Calve Communications.
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Biz Development Tip Of The Month: Advertise Ethically
Business development in the legal industry is about building authentic connections and showcasing expertise in a way that reflects reality, and, when done right, it can elevate a practice, establish credibility and bring in clients without risking an ethics violation, says Melody Jackson at Robinhood.
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Ask A Mentor: How Do I Help After Mental Health Leave?
Molly Ranns at the State Bar of Michigan suggests five ways to smooth a colleague's return to practice after short-term mental health leave, while creating a firm culture that protects employees’ emotional health.
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Tips For Attracting Stellar CLOs In A Competitive Landscape
Amid a rapidly changing regulatory environment and a fierce market for talent, companies hoping to attract the best chief legal officers must have a strong grasp of their roles’ biggest selling points, and any roadblocks that may prevent them from recruiting the strongest choice, says Heather Fine at Major Lindsey.
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'Golden Handcuffs' May Be A Double-Edge Sword For Firms
As law firms increasingly use certain financial incentives to retain partners in a fierce lateral market, managing partners should consider the pros and cons of various deferred compensation schemes, says Tom Hanlon at Buchanan Law.
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The 10-Min. Rule For Building A Business Development Habit
Many lawyers assume that becoming a rainmaker requires a significant investment of time and effort, but the truth is that building a consistent habit of business development can start with just 10 minutes of strategic outreach a day, says Paul Manuele at PR Manuele Consulting.
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5 Pointers For Firm Leaders Communicating Tough Decisions
Certain law firm decisions — such as whether to challenge an executive order — cannot be crowdsourced, but leadership can collaboratively communicate these choices using strategies that build trust, reinforce values and preserve cohesion, says John Hellerman at Hellerman Communications.
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Biz Development Tip Of The Month: Create A Succession Plan.jpg)
Conversations around retirement and succession can be understandably difficult, but when attorneys make a plan for the transition early and effectively, they have the opportunity to not only keep work but also increase it, says Jillian McKenna at Verrill Dana.
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Looking Under The Hood Of The $3,000 Billable Hour
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In recent years, top-tier law firms have pushed hourly rates to unprecedented heights, with some partners commanding $3,000 per hour — but this eye-popping number doesn’t tell the full story, as there are numerous caveats and rigorous winnowing along the way, says Christopher Seck at Squire Patton.
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How Law Firms Can Keep Nonequity Partners Happy
Law firms that successfully manage two-tiered partnership do so by creating a culture that treats everyone with respect and by establishing financial incentives outside their base compensation to reward performance, says Carol Morganstern at Major Lindsey.
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Biz Development Tip Of The Month: Leverage Your Atty Bio
If maintained properly, your firm bio can help attract potential clients and create authentic connections, so it's crucial to take steps to write an updated attorney profile that goes beyond a list of credentials, says Raychel Lean at Reputation Ink.
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Ask A Mentor: How Can I Promote Thoughtful Use Of AI?
Eran Kahana at Maslon discusses how partners can encourage responsible use of artificial intelligence tools within their firms by learning to spot pitfalls common to AI-generated work product and championing firmwide procedures and trainings that address the risks of uncritically relying on this powerful but imperfect technology.