Law firms reported an 11.2% profit increase in Q3 2024, fueled by higher lawyer productivity and strong billing rates. Demand across various practices also contributed to the growth.
Kraft Heinz and NIKE Appoint New Chief Legal Officers: Corporate legal leadership sees a dynamic shift as Kraft Heinz appoints Angel Shelton Willis as Executive VP and Global General Counsel, while NIKE promotes Rob Leinwand to Chief Legal Officer.
Herbert Smith Freehills and Kramer Levin Naftalis & Franke plan to merge to create one of the largest law firms in the world with more than $2 billion in revenue, 2,700 lawyers and 640 partners across 25 offices.
The U.S. federal judiciary warns lawyers about phishing emails mimicking court filing notifications, aimed at directing recipients to malicious websites with viruses.
Utah opened for public feedback a proposal to allow law graduates to become licensed without taking the bar exam, following the lead of other states that have adopted alternative licensing pathways in recent months.
Recent NALP Foundation study shows high employment and job mobility among Class of 2020 law grads. Debt and pandemic challenges impact career satisfaction and alumni engagement.
Delaware and Georgia Supreme Courts adopted new orders on generative AI use in courts and by legal professionals, implemented just one day apart on October 21 and 22.
Latham & Watkins is rolling out an "AI Academy," one of the first structured AI training programs in Big Law. The firm will initially focus on training first through fourth-year associates, but as the program expands, more attorneys, including partners, will participate.
The FCC's net neutrality rules face a major challenge under the Sixth Circuit as debate centers on the major questions doctrine and potential Supreme Court review.
By ruling in favor of Coinbase in a $5 million class action, the Ninth Circuit clarified a recent Supreme Court precedent finding that when a party requests a stay in a dispute subject to arbitration, the district court has no discretion to deny it.
About 79% of law departments saw an increase in the volume of legal work over the past year with no corresponding rise in staffing levels, according to a Thomson Reuters report. To meet the rising demand, departments resort to tiered work and prioritize tech investments.
