law firm
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Wilmer Cutler Pickering Hale and Dorr announced the introduction of a non-equity partnership tier, marking a shift from the traditional model where all partners share ownership. This new tier will apply to WilmerHale’s new hires, while the existing 253 equity partners will remain unaffected, according to a firm spokesperson on Thursday. Many U.S. law firms…
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Former U.S. Bankruptcy Judge David Jones must attend ethics instruction as a sanction for engaging in an off-the-record discussion with his romantic partner’s former law firm, ruled Chief Bankruptcy Judge Eduardo Rodriguez on Friday. Rodriguez determined that Jones violated judicial policy by participating in a July 18 interview with members of the Jackson Walker law…
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U.S. Vice President Kamala Harris’ campaign for the White House is receiving significant support from Paul Weiss, a prominent law firm with strong ties to the Democratic Party. Paul Weiss, favored by Big Tech and Wall Street, has seen its employees donate more to Democratic candidates this election cycle than any other law firm. A…
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Law firm Polsinelli announced on Tuesday that it has opened an office in Philadelphia with a group of at least 20 partners from Holland & Knight. This new office marks the third that Kansas City, Missouri-founded Polsinelli has launched since June. Last month, Polsinelli opened offices in Fort Worth, Texas, and Park City, Utah. Polsinelli…
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Not all large U.S. law firms have abandoned remote lawyering since the pandemic. On Tuesday, Phoenix-founded Fennemore Craig announced a new formal program to hire lawyers in locations without offices. This initiative positions the 19-office, 327-lawyer firm to recruit and retain talent by offering flexibility, according to its leaders. “We think other firms are making…
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Spencer Fane, once a regional law firm in the Midwest, has significantly bolstered its revenue and partner profitability in recent years. According to the latest rankings from the American Lawyer, Spencer Fane has surged to No. 142 among the nation’s top-grossing firms, reporting $266.8 million in revenue for 2023. This marks a remarkable 139% increase…
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Dallas-based law firm McKool Smith, known for taking on high-stakes patent cases and other litigation, announced it will pay its associates and other lawyers mid-year bonuses up to $30,000. McKool Smith’s managing principal and chairman, David Sochia, revealed in an internal memo on Thursday that bonuses for principals, associates, and senior counsel will range from…
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A law firm, which previously admitted to unknowingly submitting fake claims in a $5.6 billion settlement with Visa and MasterCard, informed a U.S. judge on Thursday that other parties also submitted fraudulent material in the case. New York-founded Milberg Coleman Bryson Phillips Grossman, responding to a request for more information from the Brooklyn judge overseeing…
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African-American Attorney, Shymane Robinson, has launched True Lawyer – a real estate and trademark law firm dedicated to transforming Black communities by assisting investors in accumulating, protecting, and transferring wealth. Robinson’s initiative to start the law firm alongside her best friend and sister exemplifies successful collaboration among women in business. According to report publish by…
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New financial data indicates that law firms have kicked off 2024 on a strong note following a lackluster 2023 characterized by weak client demand and declining collections on billed work. According to the Thomson Reuters Institute’s Law Firm Financial Index, which monitors key financial metrics across 186 large and midsize law firms, demand for legal…
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