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Some firms feel secure from cybersecurity threats like ransomware, even though law firms remain prime targets for cyberattacks, according to a new report by cyber disaster recovery company Fenix24 and the International Legal Technology Association.
General counsel Wei-Ming Shao, who's been with MicroStrategy Inc. for over 25 years, cashed in some $31 million worth of stock in July. An active trader, Shao has sold over 200,000 shares of the company since 2021 for an estimated $78.6 million, according to Quiver Quantitative, which tracks stock trades.
The former associate general counsel at the Federal National Mortgage Association, who spent the past decade as a tax partner with Morris Manning & Martin LLP, has joined Troutman Pepper Locke LLP in the nation's capital, the firm announced Wednesday.
The former branch chief of a U.S. Securities and Exchange Commission office in D.C. dedicated in part to reviewing mutual fund filings, a former Latham & Watkins LLP associate based in Chicago, and a securities lawyer from an Orange County boutique all have joined Thompson Hine LLP.
The Law School Admission Council and the Association of American Medical Colleges have each been hit with a proposed class action in Pennsylvania and D.C. federal courts, respectively, by candidates who said the nonprofits conspired with their member schools to charge excessive application fees that have been fixed at the same price regardless of the school.
The new top attorney at the U.S. Food and Drug Administration, described as a "tremendous technical lawyer," rose through the ranks as a federal prosecutor before helping lead President Donald Trump's confrontation with elite universities this year.
Covington & Burling LLP has hired the former assistant secretary of commerce for global markets, who simultaneously served as director general of the U.S. and Foreign Commercial Service at the International Trade Administration, to its Washington, D.C., team, the firm recently announced.
Husch Blackwell LLP has hired a C-suite executive with more than 20 years of experience in legal marketing as its first chief business development officer.
Willkie Farr & Gallagher LLP has strengthened its international arbitration offerings in the nation's capital with an attorney from Boies Schiller Flexner LLP.
Off-base mass emails, incessant robocalls, and fake exclusive application offers are just a few of the unsavory tactics some report having seen more often in the attorney recruitment market in recent years.
Haynes Boone announced Tuesday that it has added a partner who has clerked for two U.S. Supreme Court justices and served as counselor to the U.S. attorney general.
The American Bar Association proposed reducing the size of its board of governors and proportionally cutting the number of seats reserved for women, people of color and other underrepresented groups, as the organization's president Monday reiterated a commitment to "rule of law, due process, access to justice, fairness and diversity."
The Federal Circuit's recent recommendation to continue U.S. Circuit Judge Pauline Newman's suspension makes clear her colleagues are looking to permanently remove her, the judge's attorney told the D.C. Circuit Monday.
The Department of Justice is standing by its lawsuit challenging a standing order in the District of Maryland that temporarily blocks the deportation of detained noncitizens who file habeas petitions, saying a recent dismissal bid misses the mark because "even a small delay" is "irreparable harm to sovereign interests."
Barnes & Thornburg LLP has hired the former leader of both Husch Blackwell LLP and Michael Best & Friedrich LLP's U.S. Food and Drug Administration-focused practices who brings a perspective to its Washington, D.C., office that includes working at the agency for more than a decade.
As generative artificial intelligence tools get better at legal tasks, some court watchers are raising concerns about a possible surge in AI-generated legal filings overwhelming state judicial systems.
The former chief of staff at the U.S. Food and Drug Administration, who most recently was a senior policy adviser there in the commissioner's office, has joined Hogan Lovells' Washington, D.C., team as a partner, the firm announced Monday.
Craig C. Martin, Willkie Farr & Gallagher LLP's chief for its Americas operations, told Law360 on Friday that he is excited to serve in the newly created post to help steer the continued growth of the firm and ensure that the best services are being provided to clients.
Five years after a disgruntled litigant killed a New Jersey federal judge's son at their home, experts and judges disagree over whether the judicial privacy laws enacted following the shooting are doing much to protect jurists, while political leaders' heated rhetoric makes for an even more dangerous landscape for judges.
In a recent interview with Law360 Pulse, former U.S. Department of Housing and Urban Development general counsel Benjamin Klubes said he opted to launch his own practice after leaving the government, instead of joining a bigger firm, so he could more freely represent clients in cases challenging the Trump administration.
Cravath Swaine & Moore LLP and Faegre Drinker Biddle & Reath LLP lead this week's edition of Law360 Legal Lions, after a Ninth Circuit panel affirmed Epic Games Inc.'s 2023 antitrust jury trial win, along with an injunction requiring Google to open its Google Play Store to rivals.
A pair of ex-Hillary Clinton advisers said they have launched a new "social impact" law boutique on Thursday that will work in tandem with their existing communications shop, aimed at offering legal counsel and policy insight to clients "looking to make a difference when it matters most."
The former top in-house attorney for retail company Dollar Tree Inc. has been tapped this week to lead the legal department for life sciences and biotechnology company Danaher Corp.
The majority of a Washington, D.C., lawyer ethics panel has called for the disbarment of Jeffrey Clark, a White House official and ally of President Donald Trump, over his efforts to overturn the 2020 presidential election.
Victor Schwartz, the founder and co-chair of Shook Hardy Bacon LLP's public policy group, who died Monday at 85, is being remembered by his friends and colleagues as a deeply thoughtful, intelligent and funny person, whose legal career helped pioneer reforms in product liability law.
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.
Law firm culture is often dismissed as a soft factor — merely platitudes on a website that seem disconnected from the bottom line — but by intentionally embedding a strong culture into day-to-day operations, law firms can achieve sustainable success, says Shireen Hilal at Maior Strategic Consulting.
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 — 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.
“No comment” 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.
Series
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.
Series
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.