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Cleary Gottlieb Steen & Hamilton LLP announced the launch of a new energy and infrastructure group Monday to be led by its latest addition as the white-shoe firm looks to match last year's lateral hiring and respond to evolving client needs amid an artificial intelligence boom.
Paul Weiss Rifkind Wharton & Garrison LLP said Monday it has added two New York-based partners to its capital markets group.
A ranking member of the House oversight committee demanded Friday that Goldman Sachs cut all ties with its former chief legal officer over what he called evasive testimony she recently provided about her connection to disgraced financier and sex offender Jeffrey Epstein.
The legal sector saw job gains for the fourth month in a row, adding 1,000 positions in July, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.
Motley Rice LLC leads this week's edition of Law360 Legal Lions, after a New Mexico judge ordered Meta Platforms to create a $567 million abatement fund and take additional measures to protect its youngest users.
Columbia Law School has issued a new policy on the use of artificial intelligence, permitting its use to "support learning" and "perform specific functions" while restricting its role in generating written work or coming up with original arguments and legal analyses.
A quarter-century after its 2001 launch with five New York-based attorneys working in a handful of practice areas, Tarter Krinsky & Drogin has grown to feature more than 150 attorneys across five states and over 30 different practice areas.
The Bronx Defenders union said it has struck a deal with the organization's management, ending the last public defender strike in New York City this summer.
The legal industry kicked off August with leadership changes at the American Bar Association and a flurry of attorney moves. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Three Democratic lawmakers on Thursday criticized Skadden Arps Slate Meagher & Flom LLP's response to their request that the firm disclose details of its pro bono arrangement with the Trump administration, saying the firm's "three sentence letter essentially saying 'nothing to see here'" is "not going to cut it."
Pillsbury Winthrop Shaw Pittman LLP was ordered on Thursday to hand over a $3.6 million retainer it was paid to defend a client against criminal and civil fraud charges, with the Second Circuit upholding a ruling that the funds were part of an asset freeze order issued in a U.S. Securities and Exchange Commission case.
The American Bar Association's new president, Barbara J. Howard, will focus on twin goals of defending democracy against expected unprecedented attacks associated with this year's midterm elections, while also reorganizing the association to run more efficiently, as she kicks off her one-year term this month.
Mid-Law firms are working to incorporate artificial intelligence tools into their business structures in cost-effective ways amid higher prices for certain legal technology products, with some even finding that their smaller size can be used to their advantage.
Debevoise & Plimpton LLP has hired Daniel M. Kasell, a former senior adviser at TPG Real Estate Credit, to be a real estate transactions partner in its New York City office, the firm announced.
Fried Frank Harris Shriver & Jacobson LLP has hired a former Akin Gump Strauss Hauer & Feld LLP fund finance partner for its New York office.
Another New York legal aid union has reached a deal with its organization's management, averting the possibility of a strike after its contract and those of four other unions expired at the end of June.
California-based attorney Laura V. Farber became president-elect of the American Bar Association this week after decades of leadership experience within the organization and her local community.
Wilson Sonsini Goodrich & Rosati PC announced on Tuesday that it had appointed a new chief financial officer in the latest change to the firm's leadership team.
Class of 2025 law school graduates posted near-record high employment rates, with large law firms hiring more graduates than any other industry category as federal government hiring experienced a significant decline, according to new data released Wednesday.
Simpson Thacher & Bartlett LLP announced Tuesday that it has named a lawyer who advises on cross-border transactional matters to co-lead its Latin America practice.
The month of July sparkled for at least 13 U.S. legal chiefs who profited from sales in their companies' stock.
Brown Rudnick LLP announced on Wednesday that it had lured a 34-attorney intellectual property litigation group from Herbert Smith Freehills Kramer LLP and would be opening a Silicon Valley office with many of those lawyers.
Rabicoff Law and Ramey LLP have maintained their roles as top patent suit filers, while Fish & Richardson PC and Gillam & Smith LP have remained leaders on defense teams, according to Lex Machina's annual patent litigation report.
The legal and professional arm of LexisNexis has opened a space in New York City where clients can work with engineers to invent improvements to the company's artificial intelligence products, LexisNexis announced Tuesday.
Over the course of its two-day annual meeting, the American Bar Association's policymaking body, the House of Delegates, approved measures to urge further bar exam oversight and backed measures to support law schools at accredited historically Black colleges and universities.
Legal artificial intelligence is on a similar trajectory as the internet in the dot-com era, where several internet companies failed after the initial market frenzy, but even if AI company valuations take a hit and the industry goes through a major reordering, legal leaders should note that the technology itself remains genuinely transformational for the delivery of legal services, says Gabriel Buigas at Integreon.
Opinion
Keeping PE Out Of Law Is Job For Courts, Not Capitols
Efforts by lawmakers in California, Colorado and Illinois seeking to bar private equity firms, hedge funds and other nonattorney investors from owning or financing law firms risk intruding on authority that state constitutions and the inherent powers doctrine have traditionally assigned to the judiciary, says attorney Felix Shipkevich.
Ross McNairn, founder and CEO of Wordsmith AI, discusses how the lawyers who treat legal work like an engineering problem and can deploy legal intelligence at scale will define the next decade.
BigLaw firms about to tackle a website redesign need to understand the fundamental changes to costs, timelines, vendors and technology since their last big update so their leadership teams can steer resource management decisions away from costly potential mistakes, says Stephan Roussan at Vertical Minds.
Two recent reports shift the legal posture of every organization deploying artificial intelligence agents because they establish the foreseeability, for negligence liability purposes, of an AI agent becoming weaponized for data exfiltration, says Camilo Artiga-Purcell at Kiteworks.
Firms willing to develop a new operating model, where AI-powered legal tech is paired with deep industry expertise and a different incentive structure, can win over companies looking to consolidate their legal needs with a single provider, says Lana Manganiello at Practice Growth Partner.
Law firms trying to weave artificial intelligence into summer associate programs should build a program that isn't really about AI but teaches students how to think about using AI, with the goal of building judgment, understanding implications and leveling up in a way that's repeatable, says Zeynep Ersin at Seyfarth.
Series
Biz Development Tip Of The Month: Don't Obstruct Knowledge
Lawyers and firms should treat knowledge transfer as a business development function, using the sharing of context and institutional know-how to preserve continuity through change, strengthen relationships and create long-term competitive advantage, says Mark Wraight at Stinson.
The biggest question about private equity moving into the legal sector is no longer whether it can financially succeed, but how law firms can contend with the unavoidable economic, institutional and ethical tensions introduced by external ownership without compromising their core professional commitments, say Kirsten Vasquez and Allison Rosner at Major Lindsey.
As potential clients use artificial intelligence tools instead of search engines when looking for counsel, it is a democratizing moment for specialized midsize firms and a compression threat for generalist big-firm brand positioning, says Ronn Torossian at 5WPR.
Private equity capital has been flowing into accounting firms for years, with investors developing creative structures to work within that field's specific ownership restrictions, and the framework developed by these transactions offers valuable insights for law firms looking for outside investment, says Russell Shapiro at Levenfeld Pearlstein.
Series
Legal Tech Talks: StrongSuit CEO On The AI Gold Rush
Justin McCallon, CEO of StrongSuit, discusses how the potential for automation and insight generation with artificial intelligence is massive, but that in legal work, especially litigation, the margin for error is essentially zero.
When law firm leaders provide work product feedback by identifying errors instead of offering guiding input, they miss a key opportunity to treat feedback as a professional development and leadership tool, but several practices can help bridge the gap between intent and impact, says Janet Jackson at Well-Law.
Many law firms are using generic decks for multiple client presentations to articulate their artificial intelligence strategy, but in order to differentiate themselves, it's important to bring marketing teams into the fold to identify what's actually distinctive about how a firm uses AI, says Eric Greenberg at Cox Media.
The Legal Marketing Association's recent annual conference underscored how advances in artificial intelligence and shifting client expectations are causing law firms to evolve into more structured, data-driven businesses that place greater emphasis on strategy, implementation and measurable results, say Maria Aronson and Gina Rubel at Furia Rubel.