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McDermott Will & Schulte announced Wednesday that it has added a money transmitter licensing lawyer from Ketsal PLLC to its cryptocurrency team, which the firm calls "the industry's only crypto-exclusive team whose lawyers devote 100% of their practice to digital asset matters."
A former solo practitioner focused on the formation and life cycle management of private investment funds and related vehicles has joined Goodwin Procter LLP in New York, the firm announced Wednesday.
More lawyers are expected to seek guidance on the ethical issues surrounding the growing interest in using managed services organizations to allow private equity investment in law firms, but thus far any input on the model from state ethics committees is in short supply.
Barnes & Thornburg LLP announced Thursday that it has added all 35 public finance lawyers from Ballard Spahr LLP to its government services and finance department in multiple locations around the country, including three new markets in Baltimore, Denver and Phoenix.
The U.S. Department of Education has been causing student loan balances to appear doubled on borrowers' credit reports, a New York resident alleged in a proposed class action filed Wednesday in New York federal court, saying her $150,000 total loan balance was reported at $300,000.
Sidley Austin LLP said Wednesday it had hired the chair of Crowell & Moring LLP's New York antitrust practice.
The American Bar Association's ethics committee is guiding judges to maintain the same level of neutrality and impartiality in working with court staff that they exercise when presiding in the courtroom, according to its latest formal opinion on Wednesday.
State supreme court leaders said Wednesday they will conduct a thorough review of law school accreditation practices this year, a move that comes after state justices in Texas and Florida recently ended the American Bar Association's longstanding accreditation monopoly in those states.
Paul Weiss Rifkind Wharton & Garrison LLP announced on Wednesday that it has hired a former federal prosecutor who recently stepped down as deputy director of enforcement at the U.S. Securities and Exchange Commission.
Linklaters LLP has brought on an Allen Overy Shearman Sterling executive to lead the law firm's operations in the Americas amid a "significant U.S. expansion," the firm announced on Wednesday.
Benesch Friedlander Coplan & Aronoff LLP has launched a practice to bolster its capacity to represent clients across the U.S. in regulatory, enforcement and litigation matters.
With just over one-third of the lawyers who participated in the In-House Counsel Satisfaction Survey saying they’re satisfied with their advancement prospects, Law360 Pulse spoke with seasoned general counsel about how they advanced in their careers.
While in-house counsel generally report they are satisfied with their jobs, crushing workloads coupled with shriveling budgets are causing serious burnout among those sandwiched between the top dogs and junior attorneys, experts said.
Law360 Pulse asked corporate counsel to identify some common misconceptions about working in-house and share their thoughts on the rewards and challenges of their jobs. Here's what they said.
Most in-house lawyers remain satisfied with their roles and would choose the career again, but advancement opportunities continue to lag behind other measures of satisfaction, according to a new Law360 Pulse report.
Paul Hastings LLP announced Wednesday that it has tapped a former Cooley LLP partner and onetime Merck & Co. attorney to chair its life sciences transactions team.
Suzzanne W. Decker, who was recently named chief growth officer at Miles & Stockbridge, joined Law360 Pulse to discuss the firm's focus on expanding its presence in its traditional Mid-Atlantic markets and points further north.
Connell Foley LLP announced Tuesday it is launching a new bankruptcy and restructuring practice group and a new office in Wilmington, Delaware, with the addition of five partners from FBT Gibbons LLP.
Winklevoss-led crypto exchange Gemini Space Station Inc. on Tuesday promoted one of its lawyers to interim general counsel as it parted ways with its chief legal officer, just weeks after the platform said it would wind down some international operations and reduce its workforce.
Barclay Damon LLP announced Tuesday that it has brought on a former Underberg & Kessler LLP partner, who the firm says will strengthen "the firm's capacity to serve clients navigating a dynamic and evolving commercial real estate market."
Arnold & Porter Kaye Scholer LLP announced on Tuesday that it has hired a BigLaw veteran focused on capital markets and securities transactions for financial institutions who most recently worked for Freshfields LLP.
A new managed services organization created by the previously announced merger of three legal industry providers, backed by a private equity firm, officially launched on Tuesday.
Greenberg Traurig LLP has hired two co-chairs of Foley Hoag LLP's international trade and national security practice, who are joining the firm in New York and Washington, D.C., to work with regulatory counseling matters, sanctions issues and with matters related to foreign investment in the United States.
A class of National Football League coaches will have their day in court after a New York federal judge on Friday denied the NFL its bid to force the coaches' discrimination claims into arbitration because it did not provide a fair and neutral arbitration forum.
Kelley Drye's handling of a $700 million consulting firm acquisition and Atkinson Andelson's and Mitchell Silberberg's dueling complaints in a dispute over the iconic "Ghostface" mask lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Jan. 30 to Feb. 13.
Trust is the foundation of any great client relationship, but it isn’t built overnight or maintained passively — rather, counsel must consistently show up in small but important ways to become the trusted partner clients rely on when judgment matters most, says Andrew Dick at The L Suite.
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Biz Development Tip Of The Month: Make An Onboarding Plan
The investment required for a personalized client onboarding plan is minimal, but the return on investment — measured in client satisfaction, relationship strength and longevity, client referrals, and other business development opportunities — can be extraordinary, says John Reed at Rain BDM.
A number of trends will continue to reshape how people search, consume and trust information next year, and law firms will need to adopt forward-thinking content strategies — from generative engine optimization to interactive legal tools — to stand out, says Elizabeth Lampert at Elizabeth Lampert PR and Nancy Myrland at Myrland Marketing and Social Media.
Trends and statistics reveal that law firms of all sizes and practice areas remained attractive litigation targets this year, so firms must take concrete steps to avoid professional liability risks in the year to come, say Douglas Richmond and Andrew Ricke at Lockton Companies.
New job archetypes are rapidly replacing the traditional model of the lawyer as artificial intelligence proliferates, and to remain competitive, firms will need to embrace the diverse portfolio of talent required to navigate, design and critique algorithmic systems, says Dmitri Mehlhorn at Atoll Society.
Legal management services organizations, which outsource the administrative aspects of law firms to separate entities, are poised to disrupt the industry in the year to come, so firms and attorneys should consider the advantages and disadvantages of several MSO models, say Frederick Shelton and Ayven Dodd at Shelton & Steele.
Impostor syndrome prevails as a main root cause of attorney burnout, but sufferers can equip themselves with a series of practice tips that build confidence through evidence, not emotion, to address the mindset behind this damaging condition, says Jonathan Cohen at PNY.
Today's general counsel expect outside lawyers to show interest, relevance and value long before there is a live matter to address, including by engaging with attorneys at every level of the company and dispensing free advice thoughtfully, says Andrew Dick at The L Suite.
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Biz Development Tip Of The Month: Start Early In Your Career
Having the courage to embark on your legal business development strategy early in your career allows you to sooner reap the rewards of a strong network, which in turn can increase the momentum of referrals over the course of your career, says Kristin Housh at Sheppard Mullin.
As the legal profession navigates changes driven by artificial intelligence and broader pressures, leaders should consider behavioral research-backed strategies to translate enthusiasm into tangible results for team performance, say attorneys at King & Spalding.
Though law firms and private equity firms appear to be strange bedfellows, such combinations may offer opportunities for ailing midsize firms — which must be weighed against risks to culture, brand and growth prospects, say directors at FTI Consulting.
This year's Buying Legal Council Conference highlighted three emerging forces in how buyers and sellers operate in the legal ecosystem — artificial intelligence, data and preferred panels — and organizations would be well advised to combine them into an integrated framework for transparency, performance and collaboration, says Matthew Prinn at RFP Advisory Group.
As legal departments face mounting pressure to do more with less, general counsel should lead a structured process for adopting generative artificial intelligence tools to transform productivity, manage risk and align with enterprise priorities, says Maesea McCalpin at Gartner.
Amid law firm layoffs of business development staff, lawyers cannot depend solely on their firms to foster their professional growth, and must instead create their own initiatives for building community, says Lana Manganiello at Practice Growth Partner.
As artificial intelligence changes the dynamic between in-house and outside counsel, both internal and external legal teams must thoughtfully reimagine how to mutually leverage AI tools to collaborate and deliver successful outcomes, say Karineh Khachatourian at KXT Law and Diane Honda at Redis.