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Two bills introduced in the Illinois state Legislature seek to place restrictions on the use of private equity-backed managed service organizations in the legal industry and on any fee-sharing between Illinois lawyers and firms owned by nonlawyers in states like Arizona.
Last year was another strong year for U.S. law firms, with a double-digit revenue increase despite a strong expense growth environment of 9.5% over 2024, according to survey results from Citi Global Wealth at Work Law Firm Group released Monday.
A founding member of the Consumer Financial Protection Bureau who co-founded and spent the past 2½ years as co-leader of boutique SeldenLindeke LLP, has joined Baker Donelson Bearman Caldwell & Berkowitz PC in Washington, D.C., as a shareholder, the firm announced Monday.
Davis Polk & Wardwell LLP worked on multiple technology matters over the past year worth billions of dollars, including advising the underwriters in SailPoint's nearly $1.4 billion initial public offering and helping Qorvo on a $22 billion merger with Skyworks, earning the firm a spot among the 2025 Law360 Technology Practice Groups of the Year.
ArentFox Schiff LLP advised the Los Angeles Lakers through a landmark $10 billion valuation and majority stake sale, and helped the rapidly expanding National Women's Soccer League award its 16th franchise in Denver, earning the firm a spot among the 2025 Law360 Sports & Betting Groups of the Year.
Covington & Burling LLP's trade practice was able to assist a Toyota unit through a major U.S. emissions fraud dispute and secured several other significant resolutions for clients across a wide range of matters, earning the firm a spot among the 2025 Law360 International Trade Practice Groups of the Year.
Kline & Specter PC won multiple major verdicts against Bayer unit Monsanto over the company's Roundup weedkiller product over the last year, including a $78 million award in Philadelphia and a $2.1 billion verdict in Georgia, earning it a spot among the 2025 Law360 Product Liability Groups of the Year.
Bradley Arant Boult Cummings LLP continued to showcase its bid protest prowess, including by securing a landmark ruling from the U.S. Government Accountability Office that confirmed a binding price risk analysis obligation for government agencies, earning the firm a spot among the 2025 Law360 Government Contracts Groups of the Year.
Susman Godfrey LLP attorneys in the past year achieved some of the most closely watched victories in copyright, privacy and life sciences, including a record-setting copyright class settlement over books Anthropic obtained to train its flagship artificial intelligence model, earning the firm a spot among the 2025 Law360 Intellectual Property Groups of the Year.
Cleary Gottlieb Steen & Hamilton LLP's attorneys recently secured landmark victories for leaders of some of the largest digital asset companies, defeating the U.S. Securities and Exchange Commission in precedent-setting enforcement actions, securing billions in recoveries in a bankruptcy and shaping regulatory frameworks for the future of fintech, earning the firm a place among the 2025 Law360 Fintech Groups of the Year.
White & Case LLP scored early wins against algorithmic price-fixing litigation on behalf of hotel chain Four Seasons and netted a nearly $407 million judgment for client Regeneron against Amgen, earning the firm a spot as one of the 2025 Law360 Competition Groups of the Year.
Seyfarth Shaw LLP's employment team locked in an arbitration win for an energy company accused of wage violations, successfully defended Seattle in a pandemic-related battle and shut down a long-running California labor code suit against Columbia Sportswear, earning the firm a place among the 2025 Law360 Employment Groups of the Year.
Davis Polk & Wardwell LLP's capital markets team led fintech startup Klarna through its $1.4 billion initial public offering and advised underwriters in Boeing's $21 billion share sale to bolster its cash balances amid a protracted strike, placing the firm among the 2025 Law360 Capital Markets Groups of the Year.
A former Cornell University graduate student wants the U.S. Supreme Court to review the dismissal of his suit accusing Akin Gump Strauss Hauer & Feld LLP attorneys of manipulating patent litigation to steal his DNA sequencing intellectual property.
Former U.S. Attorney General Bill Barr's litigation boutique Torridon Law PLLC and its affiliated consulting group have hired two former Virginia attorneys general and four others, including Mexico's former ambassador to the United States, according to Friday announcements.
Fried Frank Harris Shriver & Jacobson LLP announced Monday that it has hired the former head of Pillsbury Winthrop Shaw Pittman LLP's mergers and acquisitions and private equity practices, touting his transactional experience across a wide range of industries.
Baker Botts LLP announced Monday that it has added a partner in Austin, Texas, with substantial energy project experience who came aboard from Greenberg Traurig LLP.
Cadwalader Wickersham & Taft LLP's litigation group co-chairs have left the firm due to conflicts of interest ahead of the firm's merger with Hogan Lovells LLP, a Cadwalader spokesperson confirmed Monday.
U.S. law firms leaned heavily on group lateral hiring in 2025, with more than 130 attorney teams changing firms as competition for top talent intensified and firms pursued growth through practice-area expansion and new market entry, according to a report released Monday.
WilmerHale continues boosting its dealmaking team with attorneys from Arnold & Porter Kaye Scholer LLP, announcing Monday that two technology mergers and acquisitions experts are joining its Silicon Valley office in Palo Alto, California.
The D.C. Circuit on Friday consolidated the government's appeals of losses in four cases BigLaw firms launched against the White House and Justice Department over executive orders against them related to the clients they represent.
Sidley Austin LLP is boosting its litigation team, announcing Friday it is bringing in a Cooley LLP class action expert as a partner in its San Diego office.
Five years after first planting a flag in the nation's capital, Silicon Valley-headquartered Fenwick & West LLP recently relocated into a larger space just steps away from both key government agencies and the White House.
An attorney with expertise representing nonprofit organizations on tax and formation matters has moved her practice to Greenberg Traurig LLP's offices in Philadelphia and New York.
Sheppard Mullin Richter & Hampton LLP has officially rebranded to "Sheppard" in anticipation of the firm's 100 years in business next year.
Instead of lurching between year-end strategic planning season and springtime panic mode, firms need a framework that helps them identify what clients and the market need throughout the year, and then actually adjust course, says Shireen Hilal at Maior Strategic Consulting.
Roundup
Legal Tech Talks
Company founders, attorneys and other professionals working in the legal tech space share their journeys into the industry, challenges they face when working with law firms and legal departments, and common misconceptions about technology.
As some attorneys seek interim roles amid economic uncertainty, big-picture thinking and a few proactive steps can help to turn those short-term assignments into long-term positions, says Amy Vanderhoof at Major Lindsey.
As artificial intelligence tools become increasingly adept at handling entry-level legal tasks, firms and organizations must consider new ways to train and mentor junior attorneys to prepare them for leadership in an AI-integrated profession, say attorneys at KXT Law.
Series
Biz Development Tip Of The Month: Embrace LinkedIn
Attorneys who recognize LinkedIn as a powerful professional platform can gain significant competitive advantages in business development via strategic content creation, meaningful industry discussions and consistent visibility within target markets, says Agatha Mouillet at Horvitz & Levy.
As law firms and in-house legal departments grapple with the uncertainty of evolving tariff policies, attorneys at all career stages should consider how to lean into these shifts to best position themselves for long-term opportunities, says Rena Barnett-Matthews at Attorney Career Coach.
Many law firms are familiar with the need for attorney succession plans, but it’s also essential to plan for the succession of administrative professionals — from human resources personnel to finance leaders — to ensure continuity of critical day-to-day operations, say Eryn Carter and Travis Armstrong at the Association of Legal Administrators.
Series
Expanding The Reach Of A Legal Nonprofit
I co-founded the Legal Mentor Network with the goal of providing free legal mentoring to law students and early career attorneys, and the experience has highlighted how nonprofits can grow with the help of strong sponsorships and volunteers who all operate from a positive place, says Chrystal Mauro at the Legal Mentor Network.
The ever-earlier recruiting of summer associates sets high stakes before new law students may even realize, but 1Ls can better land a good 2L summer fit if they hit their first semester focused on the hiring timeline and ready to ask important questions about their would-be firms, says Kate Reder Sheikh at Major Lindsey.
In the face of sustained regulatory and economic uncertainty, general counsel can help businesses move from reactive to proactive management by building a clear, cross-functional geopolitical command center that monitors and coordinates responses to a wide spectrum of issues, says Lars Faeste at FTI Consulting.
Leaving an established law firm to start a boutique business of your own requires not only vision and resilience but also a solid business plan to help mitigate risks and increase your chances of unparalleled personal and professional success, says Rebecca Palmer at the Rebecca L. Palmer Law Group.
The legal profession has a critical role to play in reducing attrition of women lawyers by addressing the disproportionate burden of the mental load — the often-unseen work of managing tasks and anticipating needs in both personal and professional realms, says Michelle Browning-Coughlin at Northern Kentucky University’s Chase College of Law.
To help ensure new partners and practice groups are successfully integrated, firms should embrace specific structured practices that recognize each lateral's distinct value, personalize their integration plans and proactively address transition complexities long after onboarding ends, say Elizabeth Kennedy at NewEdge BD and Erika Steinberg at CMO2Go.
By recalibrating how they structure and communicate their inclusion efforts, law firms can reduce legal exposure and preserve their values, says Angela Vallot at VallotKarp Consulting.
As the legal industry faces political turmoil and economic uncertainty, the time is ripe for firms to revisit their strategic plans, ensuring they contain a few essential elements — from accountability systems to broad-based input — to achieve sustainable growth and profitability, says Joe Calve at Calve Communications.