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Reed Smith LLP has announced that profits per equity partner climbed 11.3% last year to over $2.02 million as global revenue rose to $1.58 billion.
By the time senior associates learn how to thrive at their law firms, many realize that to continue to advance in their careers, they need to start building their own books of business.
The way attorneys track billable hours has changed a lot over the last decade, and the transformation is being turbocharged by artificial intelligence tools. Law360 Pulse talks to lawyers and recruiters about best practices for timekeeping.
Clark Hill PLC urged a New Jersey federal court to deny a disqualification bid from a health consulting company in litigation against one of its former employees, arguing that there is no conflict under the Rules of Professional Conduct.
Beasley Allen urged the New Jersey Supreme Court to hear its appeal of a lower court's decision to disqualify it from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, arguing that the court's immediate review of the interlocutory order is "essential."
Plaintiffs firm Seeger Weiss LLP has added an attorney who spent more than a decade in the U.S. Attorney's Office for the Eastern District of New York prosecuting high-profile cases, including litigation that led to a $1.4 billion settlement with major financial services provider UBS AG.
A former Reed Smith LLP attorney suing the firm for underpaying her based on her gender criticized the firm for its "inexcusable delay and attempted meandering" in seeking to resume deposing her years after her last deposition date.
Women and people of color remained significantly underrepresented within the legal partnership ranks in 2025, according to a report released Tuesday by the National Association for Law Placement.
On Monday, Morgan Lewis & Bockius LLP announced that longtime firm chair Jami McKeon will be retiring at the end of the year. Law360 Pulse spoke to McKeon and David A. McManus, who will start a five-year term as chair on Oct. 1, about the upcoming leadership change.
A New Jersey appellate panel has ruled that an estate can't recover attorney fees under the state statute governing nursing home residents' rights because the jury in an underlying wrongful‑death and negligence trial found no damages tied to any statutory violation.
A new legal requirement to hyperlink case law is drawing support from legal professionals as a counter to artificial intelligence-generated fake cases in court submissions, but some aren't sure that it is enough to solve the problem and worry that it will be an added burden on lawyers.
The New Jersey federal court on Monday appointed a career federal prosecutor to serve as U.S. attorney for the Garden State in what appears to end a lengthy standoff between district judges and the U.S. Department of Justice over leadership of the office.
Reed Smith LLP is urging a New Jersey state trial court to allow it to resume its deposition of a former attorney suing it for gender discrimination years after the last deposition date in the wake of an appeals court decision widely expanding the scope of discovery.
A former paralegal at Rainone Coughlin Minchello LLC has alleged the New Jersey municipal-law firm violated the New Jersey Family Leave Act in illegally firing her after she sought intermittent family leave to care for her mother‑in‑law following a debilitating stroke.
Morgan Lewis & Bockius LLP announced Monday that the global leader of its labor and employment practice was unanimously elected as the firm's next chair to take over for Jami McKeon, who will retire at the end of the year.
Baron & Budd PC, Walden Macht Haran & Williams LLP and Powers Pyles Sutter & Verville PC lead this week's edition of Law360 Legal Lions, after the Ninth Circuit revived a major hospital chain's False Claims Act suit accusing large pharmaceutical companies of massive overcharges in a prominent drug discount program.
A New Jersey state appeals court has refused to pause its decision disqualifying the Beasley Allen Law Firm from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, according to a court order.
Shareholders seeking more transparency about corporate political spending have filed ballot measures at 29 companies so far this proxy season, with nine companies agreeing to the disclosures without a vote and five more blocking the proposal from their ballots, according to the latest numbers on Friday from the nonprofit Center for Political Accountability in Washington, D.C.
Robert Mega, formerly the head equity judge for Union County and now an ADR expert at Wilentz Goldman Spitzer PA, joined Law360 Pulse for a conversation on how he improved court operations as a judge and how that legacy will carry over to private practice.
Weber Gallagher Simpson Stapleton Fires & Newby LLP announced that an experienced litigator has joined the firm's Mt. Laurel, New Jersey, office as a partner in its medical malpractice group.
During this past week in legal industry news, there were leadership transitions, new offices, and the dissolution of a combination. Test your legal news savvy here with Law360 Pulse's weekly quiz.
A longtime attorney at DeCotiis FitzPatrick Cole & Giblin LLP has joined New Jersey-based Wilentz Goldman & Spitzer PA in its Woodbridge office as a business and commercial litigation shareholder.
Judges have begun issuing sanctions to lawyers, escalating the consequences over artificial intelligence-generated errors, but attorneys say that penalties might not be enough to stop the problem.
Tucker Ellis LLP announced on Thursday that it has named one of its longtime Cleveland-based attorneys as co-chair of its appellate and legal issues practice.
New Jersey-based Lauletta Birnbaum expanded its resources and its reach into Philadelphia and Washington, D.C., with the recent acquisition of litigation boutique firm Harty Williams.
As in-house legal departments are increasingly expected to do more with less, developing a thoughtful framework to measure key performance indicators can help them both maximize and demonstrate their contribution to business success, say co-founders at New Era ADR.
Series
Defining The Culture For A Legal Nonprofit
We co-founded The International Academy of Financial Crime Litigators to connect leading trial lawyers, litigation experts and academics, and our experience has shown that embracing opportunity, responding fearlessly to market realities, and relentlessly defining the organization’s culture have all been integral to success, say Stéphane Bonifassi, Lincoln Caylor and Elizabeth Ortega.
A few key trends have arisen in partners’ lateral movements in the first half of 2025, reflecting a legal market defined by macroeconomic uncertainty, shifts in firm structures and rising scrutiny of firm affiliations, say legal recruiters at Macrae.
Series
Biz Development Tip Of The Month: Be A Mentor Or Mentee
Mentorship is a powerful tool for business development when both mentors and mentees approach their relationships with strategic purpose, ensuring professional success while supporting broader business goals, say Angela Liu at Dechert and Jessica Lewis at WilmerHale.
Junior attorneys are increasingly expected to start building books of business while they are still figuring out their long-term career goals, but a few pointers can help young lawyers develop business even when they’re uncertain about their future direction, says Lana Manganiello at Practice Growth Partner.
As cyberattacks on law firms continue to escalate, bar associations, law firms and individual lawyers must all take steps to protect client funds in attorney trust accounts — from imposing cyber hygiene mandates to reimagining malpractice coverage — because once that money is gone, it’s generally gone for good, says Michael Epstein at The Epstein Law Firm.
Pricing strategy is one of the most consistently discussed but underleveraged tools in a firm's arsenal, and rather than keeping hourly billing because it's easy, firms should consider their differentiators when structuring more effective fee models, says Shireen Hilal at Maior Consultants.
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Achieving Organic Growth For A Legal Nonprofit
We started Law Rocks to promote music education for underprivileged youth and raise funds for local nonprofits, and our 15-year journey has shown that enthusiasm, persistence and a great network can lead to a surprising amount of organic growth, say Nick Child and Ted Scott at Secretariat.
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Biz Development Tip Of The Month: Engage With The Media
Business development is all about awareness — and by taking existing skills and adapting them to build media relationships and thereby address today's audiences, lawyers can expand their outreach and use thought leadership to build a more complete, compelling personal brand, says Michael Goodwin at Stanton PR.
When seeking outside legal advisers, general counsel want commercially savvy lawyers who cultivate relationships of trust with their in-house counterparts, back up the GC's authority and focus on actionable advice instead of abstract legal analysis, say Andrew Dick at The L Suite and Rob Morvillo at Olo.
Roundup
Nonprofit Launch Tips From Founders In The Legal Industry
In this season of giving, take a look back at this Law360 series featuring legal professionals who have founded industry-related nonprofits. They discussed the biggest challenges to getting started, and how to balance the launch and management of an organization along with the demands of their primary work.
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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.
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.
Series
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.
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.