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Managed services organizations are quietly gaining ground in the U.S. legal industry as private equity companies eye the use of MSOs to overcome rules against fee sharing and nonlawyer ownership of firms, but critics warn that such a shift could open up an ethical Pandora's Box.
A family descended from Cuban landowners and its counsel in a suit over property seized by the Cuban government should face seven-figure sanctions for knowingly bringing bogus Helms-Burton Act claims against travel company Expedia, the company has told a Delaware federal judge following its win in a jury trial.
The Second Circuit vacated a lower court order that prevented New York Attorney General Letitia James from stopping a bankruptcy education nonprofit from advising low-income debtors Tuesday, saying that while the state's unauthorized practice of law statutes regulate speech, they are content neutral and should be reviewed under intermediate scrutiny.
Law360 Pulse's Diversity Snapshot evaluates how firms hire, promote, and retain talent in line with available pipelines, providing a detailed demographic analysis. Here's a more detailed look at the representation of attorneys at the associate and partner levels.
Law firms have steadily but slowly increased the share of attorneys of color over more than a decade, but recently the increases have come at a slower pace. Here's our data dive into representation and inclusion at law firms in the U.S.
Diversity at the top ranks of law firms in the U.S. has shifted only incrementally over recent years. But some firms are outpacing their peers and taking demonstrable steps to tap into a wider talent pool.
Law360’s latest Diversity Snapshot ranking suggests that a modest number of firms are keeping up with the potential talent pool. Here's the latest look at how law firms match up against their peers.
Attorneys looking for firms committed to diversity, equity and inclusion are increasingly relying on informal channels to vet firms, including word-of-mouth, alumni networks, off-the-record conversations and social media, recruiters say.
A Pennsylvania attorney facing discipline for allegedly threatening to blackmail a client's debtor was rightfully trying to collect on a long-standing, highly litigated debt, a state disciplinary hearing panel heard Monday.
Offit Kurman Attorneys At Law confirmed Monday it is planning to combine with a four-attorney Dallas bankruptcy and litigation boutique, giving the firm its first outpost in Texas.
Connecticut's legal ethics watchdog is targeting an attorney who was convicted of interfering with an officer in a high-profile murder case, saying in a court filing that he's "guilty of misconduct" and should face discipline from the state.
North Carolina's top court will return from its summer hiatus in September to address whether law enforcement can rely on the smell of marijuana alone in the age of legalized hemp to justify a warrantless search. Here are some highlights of the high court's September lineup.
Timeshares Direct Inc. urged a Florida federal court to reject an arbitration bid from Watstein Terepka LLP in a dispute over approximately $25,000 in legal fees because the company claimed the firm "flip-flopped" on its stance on arbitration.
A Houston couple who accused a law firm and a since-dismissed Progressive unit of conspiring to share car crash victims' private information told a Texas federal court that their suit is "neither frivolous, unreasonable, nor improper" as they pushed back against the law firm's sanctions request.Â
Fisher Phillips announced Monday it has combined with Elarbee Thompson Sapp & Wilson LLP, a labor and employment law firm based in Atlanta, growing its ranks by 22 lawyers.
The Florida Bar filed a petition Friday seeking the emergency suspension of a lawyer accused of scamming dozens of clients, failing to pay associates and paralegals who worked at his firm and repeatedly violating court orders.
Sterlington PLLC has announced that it is expanding its Philadelphia office, which it launched earlier this summer with a three-person private wealth team from Morgan Lewis & Bockius LLP, by bringing on a team of their former colleagues.
Indianapolis bankruptcy attorney Mark S. Zuckerberg is suing Meta Platforms Inc. after his firm's commercial Facebook account was repeatedly suspended because of his shared name with the tech company's CEO and founder.
A 2023 U.S. Supreme Court ruling narrowing the definition of aggravated identity theft may not be used to vacate a former attorney's prison sentence for a mortgage fraud scheme, a Massachusetts federal judge ruled Thursday, denying a request to throw out his plea deal and order a new trial.
Milbank LLP, Wilson Sonsini Goodrich & Rosati PC and the Liberty Justice Center lead this week's edition of Law360 Legal Lions, after the Federal Circuit held that President Donald Trump's emergency tariffs were improperly imposed under the International Emergency Economic Powers Act.
A Greene County, Pennsylvania, criminal defense attorney had her license suspended for two years Thursday after the state's Disciplinary Board found that she'd had inappropriate romantic relationships with two incarcerated clients, and had secretly allowed one of them to listen in on a phone conversation with another attorney.
U.S. legal industry jobs inched down by 200 positions last month, reflecting a loss for the first time in six months, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.
The legal industry kicked off September with another busy week as BigLaw firms made new hires and expanded practice areas. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Celebrity attorney Mark Geragos asked a California judge to strike a $100,000 jury verdict that found he aided and abetted disbarred lawyer Michael Avenatti in a failed attempt to extort Nike, saying award of damages without an underlying finding of liability "is impermissible as a matter of law."
The former office manager for a Detroit civil rights firm asked Michigan appellate judges to throw out a $500,000 judgment for the firm for admittedly using its money for her personal purchases, arguing the damages improperly included costs the firm said it incurred investigating the fraud.
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.
Corporate Transparency Act challenges pushed our firm to develop an in-house compliance solution, and for firms exploring similar initiatives, the keys are to build consensus, foster collaboration and remain adaptable to change, says David McCarville at Fennemore Craig.
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.