We investigate the dynamical features of a large family of running vacuum cosmologies for which $Lambda$ evolves as a polynomial in the Hubble parameter. Specifically, using the critical point analysis we study the existence and the stability of singular solutions which describe de-Sitter, radiation and matter dominated eras. We find several classes of $Lambda(H)$ cosmologies for which new analytical solutions are given in terms of Laurent expansions. Finally, we show that the Milne universe and the $R_{h}=ct$ model can be seen as perturbations around a specific $Lambda(H)$ model, but this model is unstable.