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The popularity of U.S. law firm combinations surged in 2024, with announcements increasing by about a dozen year-over-year and approaching historic heights, according to data collected by Law360 Pulse, but law firm merger consultants say a robust pipeline of deal talks could mean a busier 2025.
Mid-Law leaders entering 2025 say that they are optimistic about the new year but also focused on potential challenges, such as the rise of generative artificial intelligence tools, succession planning and ensuring that any growth they are experiencing is sustainable.
Some modest reforms to the federal courts may be enacted in the coming years, but major changes championed by Democrats and judicial reform activists are likely "dead in the water" now that Republicans will be controlling Congress and the White House in 2025, reform advocates say.
The $15 billion U.S. litigation finance industry has come a long way in recent years, but demands for more transparency from pro-business groups and the defense bar could present a significant challenge in the year ahead.
In the highly anticipated standoff between California Gov. Gavin Newsom and the incoming Trump administration, Golden State law firm leaders expect 2025 to deliver plenty of opportunities for attorneys to become involved in litigation on both sides of the coming legal battles.
Abortion access, education funding and mandatory prison sentences are among the high-profile issues on state supreme courts' dockets in 2025, as attorneys and activists increasingly turn away from the U.S. Supreme Court and instead look to the states to protect certain constitutional rights, experts say.
As the calendar turns from 2024 to 2025, small-firm attorneys and solo practitioners across the U.S. are facing a constellation of new and old issues, from dealing with new regulations to confronting the longstanding challenges of keeping a small business alive.
Incoming President Donald Trump will take office Jan. 20 with 45 seats on the federal bench to fill. Currently, there are 39 empty seats on U.S. district and circuit courts and 6 pending vacancies due to announced retirements and plans to take senior status, three of which opened on Dec. 31 and another that opened Jan. 2.
After an eventful 2024, industry experts are looking ahead to what might be the big topics in legal ethics in the new year, including the ethics implications of artificial intelligence and ethics opinions that may be relevant to attorneys in the incoming second Trump administration.
Law firms have experienced rapid change and growth in recent years, and 2025 will likely be no different. Firm leaders told Law360 Pulse they are bracing to respond quickly to a number of different opportunities likely to arise in the new year.
Public confidence in state courts seems to be rising at the same time that trust in the federal courts and overall judicial system is plummeting, according to recent surveys that paint drastically divergent pictures of people's faith in state and national judicial systems.
Arnold & Porter Kaye Scholer LLP and Alston & Bird LLP told associates Monday they'd be receiving year-end bonuses that meet the prevailing scale for large law firms set by Milbank LLP in November — as long as they meet certain billable hours requirements, according to media reports.
Sheppard Mullin's New York office has launched a firmwide holiday pet calendar — featuring not only cats and dogs but also a donkey, peacocks, some lizards, a few guinea pigs and three little soccer-playing fish — that has raised nearly $11,000 for charity.
Katya Cronin, a professor at George Washington University Law School and former BigLaw attorney, argued in a recent academic paper that law schools need to do more to encourage students to examine their personal values and pursue legal careers in line with them.
A lot can happen in a year for small firms. Law360 Pulse caught up with four, some just getting started and others with long legacies, to talk about what their 2024 looked like.
As Jen Cafferty Patton moves up from chief talent officer to chief operating officer at Foley & Lardner LLP, she says she is prioritizing keeping the firm’s people-focused culture strong for both employees and clients.
In a tradition stretching back just over a quarter century, Blank Rome LLP taps into the Washington, D.C., community by hosting a competition for students at a local arts-focused high school to submit designs for the annual holiday card sent out to the firm’s thousands of clients.
You're a rock star associate in your fourth or fifth year trying to make partner, and you just got an average review after previously receiving high marks. Although it's tempting to panic, experts say it's possible to come back after such setbacks by being proactive.
After more than two decades as an employment attorney at Davis Wright Tremaine LLP, Jenna Mooney has taken on the role of its second-in-command with a focus on running the business of the firm.
The U.S. Senate confirmed on Friday the last two judicial nominations from President Joe Biden, making his total of lifetime judicial appointments 235, just one over President Donald Trump's 234.
Jurists weighed the benefits of partisan elections, praised innovations in telehearings and worried about the future of the profession in nearly a dozen interviews with Law360 this year.
FisherBroyles LLP has hired a longtime Stein Sperling Bennett De Jong Driscoll PC attorney and a former Workday director and privacy counsel, who are joining the firm's teams in Washington, D.C., and Palo Alto, California, as partners, the firm has announced.
Baker McKenzie announced the promotion of 18 North American-based attorneys to partner, a slight increase from last year but still significantly lower than in previous years.
U.S. law firms are set to close out 2024 with near-record increases in revenue and profits, according to industry surveys. Here, a look at how seven law firm leaders are planning to reinvest the windfall.
Morrison Foerster LLP and litigation boutique Irell & Manella LLP have joined a chorus of firms announcing associate bonuses that meet or exceed the BigLaw standard for associate bonuses this year, with MoFo offering up to $218,200 and Irell handing its lawyers as much as $175,000.
Series
My Nonpracticing Law Job: Legal Commentary GhostwriterWayne Pollock at Copo Strategies shares how he went from overworked Am Law 50 associate to owner of a legal thought leadership ghostwriting service, and provides four lessons for anyone who might be considering launching a business within the legal industry.
Gary Parsons at Brooks Pierce offers advice for young lawyers seeking trial experience in an environment where fewer cases make it to trial, including how to build their reputations, set their expectations and pick the right firm.
New Era ADR co-founder Collin Williams discusses his journey navigating a clinical depression diagnosis, how this experience affected his leadership style, and what the legal industry can do to better support attorneys with mental health conditions.
Series
My Nonpracticing Law Job: Career And Wellness CoachTara Rhoades at The Sanity Plea shares how she went from BigLaw partner to legal industry career and wellness coach, and explains how attorneys can use their capabilities, knowledge and professional networks to pursue coaching themselves, or bring refreshed meaning and purpose to their current roles.
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Talking Mental Health: Tackling Stress As A Practice LeaderConstance Rhebergen at Bracewell discusses how she handles the stress of being a practice chair, how sources of stress have changed in the legal industry over the past decade and what law firms can do to protect attorney mental health.
In the face of a dispersed and changing workforce with Generation Z entering the scene, law firms should consider some practical strategies to revitalize their cultures, provide meaningful mentorship and safeguard their knowledge bases, says Shireen Hilal at Maior Strategic Consulting.
One of the most effective ways firms can ensure their summer associate programs are a success is by engaging in a timely and meaningful evaluation process and being intentional about when, how and by whom feedback should be provided, say Caroline Cimei and Erica Fine at Shutts & Bowen.
Series
Talking Mental Health: Life As A Lawyer With OCDKelly Hughes at Ogletree discusses what she’s learned in the 14 years since she was diagnosed with obsessive-compulsive disorder, recounting how the experience shaped her law practice, what the legal industry and general public get wrong about the disorder, and how law firms can better support employees who have OCD.
Artificial intelligence tools will increasingly be used by outside counsel to better predict the outcomes of litigation — thus informing legal strategy with greater precision — and by clients to scrutinize invoices and evaluate counsel’s performance, says Ronald Levine at Herrick Feinstein.
Roundup
My Nonpracticing Law JobNot every law degree leads to a law practice. In this Law360 Pulse series, former practicing attorneys share the stories of how they went from practicing corporate law to using their knowledge and background to carve out a nontraditional career path in the legal industry.
Series
My Nonpracticing Law Job: LibrarianLisa A. Goodman at Texas A&M University shares how she went from a BigLaw associate who liked to hang out in the firm's law library to director of a law library herself in just over a decade, and provides considerations for anyone interested in pursuing a law librarian career.
Federal courts have recently been changing the way they quote decisions to omit insignificant details and string cites, and lawyers should consider adopting this practice to enhance the readability of their briefs — as long as accuracy stays top of mind, says Diana Simon at the University of Arizona James E. Rogers College of Law.
Nikki Lewis Simon, chief diversity, equity and inclusion officer at Greenberg Traurig, discusses best practices — and some pitfalls to avoid — for law firms looking to build programs aimed at driving inclusion in the workplace.
Former Minnesota Supreme Court Chief Justice Lorie Gildea, now at Greenberg Traurig, offers strategies on writing more effective appellate briefs from her time on the bench.
While involvement in internal firm initiatives can be rewarding both personally and professionally, associates' billable time requirements don’t leave much room for other work, meaning they must develop strategies to ensure they’re meeting all of their commitments while remaining balanced, says Melanie Webber at Fisher Phillips.