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Law Firms Are Going Further to Protect Their Equity Tiers

Mon, 2026-04-27 05:59

"A more concentrated equity structure gives firms more room to compensate star partners or attract major rainmakers, sometimes at the $20-plus million range," said one legal recruiter. "In this fiercely competitive market, flexibility at the top matters enormously.” 

       

Announcing the Finalists for the 2026 California Legal Awards

Mon, 2026-04-27 00:18
The awards celebrate the achievements of lawyers and companies based in the Golden State leading technology, innovation and the profession as a whole.

       

Canadian M&A Activity Remains Brisk in the Face of US Pressures, Global Uncertainty

Sat, 2026-04-25 19:32

Energy, mining and utilities led the way in Q1, with investors drawn by Canada's image of stability, lawyers say.

       

Merck Wins First Trial Over Cosmetic Talc Products Dr. Scholl's, Lotrimin

Fri, 2026-04-24 18:24

An Illinois jury in Cook County Circuit Court handed Merck a defense verdict on April 17 after fewer than two hours of deliberations.

       

Litigation Trends to Watch: FTC Unleashes Wave of Consumer and Antitrust Actions. Plus, Pacific Trial Attorneys Advocates for Consumers in Los Angeles

Fri, 2026-04-24 16:07

FTC targets anti-competitive activity and 'Made in the USA' marketing.

       

Law School Applicants Continued to Skyrocket in 2025, Driving Admission Rates to New Lows

Fri, 2026-04-24 15:58

At the same time, the total number of J.D. degrees awarded in 2025 decreased by nearly 2,500 from the year before.

       

New Rule Would Clarify Who's in Charge Under 'Joint Employer' Status

Fri, 2026-04-24 15:50

It's hard to tell how judges would receive the new rule, which would govern disputes that are becoming more common with the rise in outsourcing, staffing agencies and franchises.

       

Appellate Exits at Paul Weiss, Sullivan & Cromwell May Dent Firms' Prestige, but Not Bottom Lines

Fri, 2026-04-24 15:50

Observers expect both firms to work to fill the vacancies with big names, but Sullivan & Cromwell is likely to be first with an announcement.

       

Palantir Pushes CLO's Pay to $28M, but He Has to Stay Until 2033 to Get It All

Fri, 2026-04-24 13:20

The company says it attached strings to most of Ryan Taylor's pay to keep him "appropriately motivated."

       

The Week in Data April 24: A Look at Legal Industry Trends by the Numbers

Fri, 2026-04-24 11:36

Catch up on the latest data from across the Law.com newsroom, including the 2026 Am Law 100 report.

       

Beating Burnout: For Attorneys and Those Who Work with Them

Fri, 2026-04-24 11:28

Burnout in the legal profession is not a passing phase or a buzzword — it is a measurable, widespread occupational hazard. It is not just a personal struggle. In law firms, corporate legal departments, courts, and public agencies, burnout affects productivity, morale, client service, malpractice risk, and ultimately the bottom line.

       

Regulators Poised to Lighten Disclosure Requirements for $26 Trillion Private Fund Industry

Fri, 2026-04-24 11:12

A nonprofit championing tighter financial regulation criticized the Securities and Exchange Commission and Commodity Futures Trading Commission's proposal, saying, "They should not be increasing the odds of market mayhem and investor losses.”

       

How I Made Partner: 'Take the Opportunities That Come Your Way,' Says Elizabeth Arko of Tucker Ellis

Fri, 2026-04-24 10:59

"Find people who support you and want you to succeed, and when you do find them, work hard. Put your head down and take the opportunities that come your way. Sometimes it is exhausting but taking on opportunities as they come and then working hard to do well with those assignments will help you stand out."

       

Stop Hoping Your Law Firm Partners Become Rainmakers: Why Firms Need BD Infrastructure, Not Encouragement

Fri, 2026-04-24 10:39

If you want sustainable revenue growth, you cannot treat rainmaking as a personality trait. You must treat it as a professional discipline — one that is intentionally developed through structured partner development based on a proven framework.

       

Facing Leaks, Supreme Court Moves Forward With Arguments And New Cases

Fri, 2026-04-24 10:32
In this podcast edition of Supreme Court Brief, host Jimmy Hoover discusses the latest leak of confidential memos from the Supreme Court, a major new blockbuster First Amendment case, and this week's hearing about the SEC's power to order disgorgement.        

Live from the GCC Midwest 2026 with Farrah Pepper

Fri, 2026-04-24 09:53

In this Legal Speak episode, co-host Patrick Smith interviews Harvey legal innovation partner Farrah Pepper live from the General Counsel Conference Midwest 2026 in Chicago.

       

Lender Awarded $2.26M in Financing Dispute Against Electric Car, Golf Cart Companies

Fri, 2026-04-24 09:53

"As to the additional fees defendants argue fall 'outside the scope of the receivership,' it is clear that defendants seek to relitigate the initial appointment of the receivership, which the court determined was definitively necessary," the U.S. District Court for the Northern District of Illinois said.

       

'Grave Threat': Ex-Clerks, Judges Urge Supreme Court to Review Newman's Suspension

Fri, 2026-04-24 00:57

The retired judges argued the D.C. Circuit relied on faulty precedent to dismiss Federal Circuit Judge Newman's challenge to her suspension.

       

DLA Piper Unifies Leadership and Will Consult Partners on Aligning Separate Pay Models

Fri, 2026-04-24 00:08

The firm says it has voted to dissolve its current verein structure as it creates a new global LLP, but will maintain its separate profit pools.

       

Davis Polk Poaches Paul Weiss Litigation Co-Chair, Launches Supreme Court and Appellate Group

Thu, 2026-04-23 18:04

Kannon Shanmugam and Masha Hansford are joining Davis Polk to launch a new practice for the firm.

       

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