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1 month ago | 
abovethelaw.com | Staci Zaretsky |Jana Vislocky |Charles River Associates
A common complaint practicing lawyers have is that while law schools cost a fortune, they simply don’t teach the most essential skill needed for professional competency. What skill might that be? “How to be a lawyer,” of course. Some law schools, however, are trying to change that by offering skills-based opportunities so that their soon-to-be graduates will have already dipped a toe into practicing law before even taking the bar exam.
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1 month ago | 
abovethelaw.com | Kathryn Rubino |Charles River Associates
Ed. Note: Welcome to our daily feature Trivia Question of the Day!Which Biglaw firm’s recently announced 2024 financials reveal gross revenue was up 23% last year, bringing the figure to $7 billion? Hint: Average profits per equity partner also saw a big jump at the firm, up ~30% to over $7 million. See the answer on the next page.
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1 month ago | 
abovethelaw.com | Staci Zaretsky |Jana Vislocky |Charles River Associates
Biglaw firms with single partnership tiers are now few and far between, with more big-name firms showing that they’re ready, willing, and able to welcome nonequity partners to their ranks. Cravath was one of the first longtime holdouts to cut bait and create a “salaried partner tier” (i.e., nonequity partners) back in November 2023.
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1 month ago | 
abovethelaw.com | Chris Williams |Jana Vislocky |Charles River Associates
In high-profile cases, the attorneys representing their clients occasionally provide the public with updates on the cases that they’re dealing with. Sometimes they provide these musings even after a judge told them to shut the hell up and focus on their work instead of PR. Other times, the goal is to shame or curb copycat claims launched against their clients.
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1 month ago | 
abovethelaw.com | Mark Herrmann |Sean Fitzpatrick |Charles River Associates
About six years ago, in October 2018, then-President Donald Trump praised the slightly revised version of NAFTA — which he called the “United States-Mexico-Canada Agreement” — that he was about to sign. Trump called this “the most important trade deal we’ve ever made by far.” The deal would reduce outsourcing and increase automobile manufacturing in the United States. Remarkable. You’d think only someone with as big a brain as Trump’s could have negotiated the deal. Until last month, that is.
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1 month ago | 
abovethelaw.com | Chris Williams |Charles River Associates
Those Diddy party invitations really should have come with “attending this party may do serious damage to your future reputation” disclaimers. They attracted the likes of many celebrities over the years. Some of those who were in attendance are now dealing with the reckoning of being associated with the Bad Boy CEO’s freak offs.
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1 month ago | 
abovethelaw.com | Liz Dye |Charles River Associates |Sean Fitzpatrick
Every day under the DOGE regime is more surreal and terrifying than the last. Here’s an excerpt from a lawsuit filed yesterday by Ward Brehm, the President and CEO of the United States African Development Foundation:Defendants have made clear their intentions: ignore statutory requirements, pretend that leadership of the agency does not exist, and shutter USADF. That is precisely what they did to USADF’s sister agency, the InterAmerican Foundation (IAF).
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1 month ago | 
abovethelaw.com | Stephanie Corey |Charles River Associates |Jeremy Barker
Legal Operations has evolved into a vital strategic function, helping in-house legal teams navigate today’s increasingly complex business landscape. As companies face growing regulatory demands, financial pressures, and the rapid adoption of AI, the partnership between General Counsel and Legal Ops has never been more important. By working together, GCs and Legal Ops leaders can ensure that legal departments are not only efficient but also proactive, business-aligned, and future-ready.
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1 month ago | 
abovethelaw.com | Kathryn Rubino |Charles River Associates
(Image via Getty)Ed. Note: Welcome to our daily feature Trivia Question of the Day!What actor, know for roles in 300, Lara Croft: Tomb Raider – The Cradle of Life, and How to Train Your Dragon got a law degree at the University of Glasgow? Hint: He started his legal career as a trainee lawyer, but got fired before he became a qualified lawyer. See the answer on the next page.
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1 month ago | 
abovethelaw.com | Liz Dye |Sean Fitzpatrick |Charles River Associates
Attorney General Pam Bondi is like every prior Trump AG rolled into one. She’s got Bill Barr’s charm, Jeff Sessions’s cheerful ignorance of the law, and Matthew “Mongo” Whittaker’s dedication to physical fitness. As for integrity, well … she’s in a league of her own. Bondi has steered the Justice Department into a couple of trollsuits against Illinois and New York over the blue states’ refusal to carry out federal immigration regulations.
