It's been another riveting year in the legal industry and for our coverage at the ABA Journal. And just like that, 2026 will be here before we know it.
Updated: A bonus announcement by Milbank on Monday likely disappointed BigLaw associates hoping that it would set the stage for even higher year-end cash.
A BigLaw firm that voluntarily paid more than $55,000 in attorney fees because of hallucinated cases in court filings won’t face further sanctions, a federal bankruptcy judge concluded last week.
Buchalter has escaped sanctions for a case filing with “hallucinated" cases after one of its attorneys took responsibility for the errors and the law firm pledged to educate its attorneys on the misuse of generative artificial intelligence.
A straight white woman who sued King & Spalding over a diversity fellowship has filed a joint stipulation dropping her claims, leading a federal appeals court to dismiss her appeal.
Updated: Cravath, Swaine & Moore is the first BigLaw firm this year to announce associate year-end bonuses along with special bonuses matching those announced by Milbank this summer.
A superior court judge in Alaska has entered a judgment against Holland & Knight and ordered a trial on damages after finding that the law firm engaged in “truly astounding” failure to comply with discovery orders in a lawsuit alleging malpractice by the firm.
A lawyer with “the shopping gene” has turned his love for bargains into a business on eBay that made $120,000 in sales in the year ending in September, according to a story by Business Insider.
McDermott Will & Schulte said it is “fielding inbound interest” from outside investors after the Financial Times reported that the law firm is considering splitting off its back-office work into a managed service organization in which private equity could own a stake.
Demand for legal services increased 3.9% in the third quarter of 2025, a “sharp spike” that made it the fourth-highest quarter for demand in two decades, according to a report based on data from major law firms in the United States and key international markets.
Law students who work as a summer intern in nonprofit, government or academic positions in 2026 will be paid a $25,000 stipend if they join Davis Polk & Wardwell as a summer associate in 2027.
