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Delaware Pulse
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Pillsbury Wants Out Of Chancery Suit Against Auto Seller Biz
Pillsbury Winthrop Shaw Pittman LLP wants to escape or force arbitration of an aiding and abetting breach of fiduciary duty claim that was asserted in Delaware Chancery Court by a stockholder and former director of Quantum Automotive Intelligence Inc., saying a "broad arbitration provision" exists between the law firm and company.
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Why Law Firms Are Seeing 'Profit Leakage'
Even as many law firms see rising profitability, a number of factors are still negatively affecting their profit margins, including write-offs and discounts, according to a new report out Tuesday.
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Special Counsel Slams Biden's Critique Of Son's Prosecution
The special counsel who oversaw the investigation into Hunter Biden, which was wiped out by a presidential pardon, released a report published Monday criticizing President Joe Biden's "baseless accusations" that his son was "selectively" prosecuted and warning that such comments threaten "the integrity of the justice system as a whole."
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Law360 Pulse Spotlight On Mid-Law Work
Parker Poe's work on the sale of a majority stake in a $575 million real estate portfolio and Keker Van Nest's handling of a first-of-its-kind challenge under a new California gaming law lead this edition of Law360 Pulse's Spotlight on Mid-Law Work, recapping the top matters for Mid-Law firms from Jan. 1 to 10.
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US Legal Sector Sheds 1,200 Jobs In December
After three months of steady recovery, the U.S. legal sector's job growth reversed course in December, with a loss of 1,200 positions, according to preliminary data from the U.S. Bureau of Labor Statistics released Friday.
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Law360's Legal Lions Of The Week
Sive Paget & Riesel PC and Kaplan Martin LLP lead this week's edition of Law360 Legal Lions after the Third Circuit denied an emergency motion for an injunction to halt New York City's highly litigated congestion pricing toll program.
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Goodwin Procter Extends Bonus Season With Milbank Match
The 2024 bonus season has trickled into January, with Goodwin Procter LLP announcing it will give associates year-end and special bonuses matching those given by other BigLaw firms, Law360 Pulse confirmed Friday.
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White And Williams Taps Del. Leader As Litigation Head
White and Williams LLP has announced that its Delaware office leader has been named chair of its more than 50-attorney litigation department, succeeding an attorney who held the post for more than a decade.
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Are Law Firm Office Mandates Missing The Point?
Creating a workplace that fosters community, connection, collaboration and a clearly defined culture cannot be accomplished through office mandates alone, and, in fact, a lack of flexibility when it comes to remote work options could backfire on that goal, according to the author of a new book out this month.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry kicked off 2025 with another action-packed week as BigLaw firms inked mergers, made leadership changes and promoted associates. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Atty Survives Ex-Young Conaway Coworker's Assault Claim
A Pennsylvania federal judge said Thursday that a former Young Conaway Stargatt & Taylor LLP attorney's assault claim against a onetime colleague at the firm is unviable because substantial proof exists to show that the actions in question were done to defend another person.
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Womble Bond Names New Office, Practice Leaders
Womble Bond Dickinson has announced changes to its firm leadership, including new office managing partners in Atlanta, Delaware, Houston and New York, and a new leader of its bankruptcy, restructuring and creditors' rights team.
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Delaware Law Firms Kick Off New Year With Atty Promotions
As the new year gets underway, numerous Delaware law firms recently announced attorney promotions, including Bayard PA, Morris James LLP, Potter Anderson & Corroon LLP and Gordon Fournaris & Mammarella PA.
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Federal Judges Fear Slower Courts After 'Devastating' Veto
The president's veto of legislation that would have added dozens more federal judgeships has stunned and disappointed top jurists around the country, leaving them worried that the "devastating" move means backlogs on court dockets will continue to delay cases, hurt litigants and undermine confidence in the judicial system.
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Morris Nichols Promotes Finance Director To CFO
Delaware firm Morris Nichols Arsht & Tunnell LLP has promoted its director of finance to serve as its chief financial officer to help steer its financial and strategic direction.
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Law Firm Leaders' Minds Are On Profitability, Growth, AI
Balancing profitability, growth and the implementation of generative artificial intelligence are the top challenges and priorities on the minds of law firm leaders going into 2025, according to the results of a recent survey by public relations firm Greentarget.
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Attys For Organizations May Need To Clarify Roles, ABA Says
Lawyers advising organizations through nonclient constituents may be obligated to clear up any confusion about their role that may cause the constituents to mistakenly think they can rely on the lawyer's advice to avoid criminal or civil liability, the American Bar Association said in a formal opinion Wednesday.
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Chancery Awards $176M Atty Fee In Tesla Board Pay Suit
Delaware's chancellor approved on Wednesday a $176.16 million Tesla stockholder class attorney fee award to three firms for a settlement of an excessive director compensation suit that is expected to return $734 million to the company through a combination of director stock, option and cash givebacks.
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Ballard Spahr, Lane Powell Leaders On Post-Merger Plans
Ballard Spahr LLP officially merged with Lane Powell PC on Jan. 1, marking its entry into the Pacific Northwest. Law360 Pulse spoke with Peter Michaud, chair of the combined firm, and Barbara Duffy, former Lane Powell president, about their leadership priorities, integration strategies and growth plans.
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Law Firm Sought To Collect Expired Debts, 3rd Circ. Told
A New Jersey woman has urged the Third Circuit to revive her proposed class action against Garden State law firm Cohn Lifland Pearlman Herrmann & Knopf LLP over its debt collection practices, arguing a lower court was too loose with its standard for the timeliness of the two lawsuits involved.
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Approach The Bench: Justice Goodwin Liu On Oral Argument
When Goodwin Liu became a California Supreme Court justice in 2011, the constitutional law professor found the intellectual demands of judging similar to academia, but was surprised to learn that "the art of judging is much more practical than people think."
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Here's How Paul Hastings' Big Bet On Finance Paid Off
As the financial markets swayed between booms and busts in recent years following the waning of the COVID-19 pandemic, Paul Hastings LLP stayed the course, doubling down on its transactional practices by recruiting top-tier talent across key global markets like New York and London, and rising hubs such as Texas.
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Troutman Pepper Locke Leaders Define A Successful Merger
What makes for a successful law firm merger? It's more than headcount and profits, according to two leaders of the newly minted Troutman Pepper Locke LLP law firm, which was formed Jan. 2 by the combination of major U.S.-based law firms Troutman Pepper and Locke Lord.
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German Burford Funding Fight Belongs In Del., Court Hears
A German entity is fighting litigation funder Burford's efforts to force it to arbitrate a dispute over an allegedly fraudulent arbitration pact contained in a funding agreement for antitrust litigation, telling a Delaware federal judge on Friday that the feud belongs before him.
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Which GCs Sold Stock In Dec.? Robinhood, Alphabet, More
Legal leaders at tech and fintech companies like Robinhood, Alphabet, Coinbase and Meta enriched their holidays as each sold more than $2 million worth of stock in December.
Expert Analysis
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Series
My Nonpracticing Law Job: Librarian
Lisa A. Goodman at Texas A&M University shares how she went from a BigLaw associate who liked to hang out in the firm's law library to director of a law library herself in just over a decade, and provides considerations for anyone interested in pursuing a law librarian career.
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Legal Briefs Can Benefit From Cleaned Up Case Citations
Federal courts have recently been changing the way they quote decisions to omit insignificant details and string cites, and lawyers should consider adopting this practice to enhance the readability of their briefs — as long as accuracy stays top of mind, says Diana Simon at the University of Arizona James E. Rogers College of Law.
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5 Best Practices For Firms Designing DEI Programs
Nikki Lewis Simon, chief diversity, equity and inclusion officer at Greenberg Traurig, discusses best practices — and some pitfalls to avoid — for law firms looking to build programs aimed at driving inclusion in the workplace.
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Former Minn. Chief Justice Instructs On Writing Better Briefs
Former Minnesota Supreme Court Chief Justice Lorie Gildea, now at Greenberg Traurig, offers strategies on writing more effective appellate briefs from her time on the bench.
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Ask A Mentor: How Do I Juggle Billables And Other Activities?
While involvement in internal firm initiatives can be rewarding both personally and professionally, associates' billable time requirements don’t leave much room for other work, meaning they must develop strategies to ensure they’re meeting all of their commitments while remaining balanced, says Melanie Webber at Fisher Phillips.
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Making Legal Cents: How To Adapt As Clients Tighten Budgets
Amid a dip in corporate legal spending and client pushback on bills, Shireen Hilal at Maior Consultants highlights specific in-house counsel frustrations and explains how firms can provide customized legal advice with costs that are supported by undeniable value.
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Spartan Arbitration Tactics Against Well-Funded Opponents
Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.
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General Counsel And Legal Ops Must Work Together
It is critical for general counsel to ensure that a legal operations leader is viewed not only as a peer, but as a strategic leader for the organization, and there are several actionable ways general counsel can not only become more involved, but help champion legal operations teams and set them up for success, says Mary O'Carroll at Ironclad.
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How Generative AI's Growing Memory Affects Lawyers
A new ChatGPT feature that can remember user information across different conversations has broad implications for attorneys, whose most pressing questions for the AI tool are usually based on specific, and large, datasets, says legal tech adviser Eric Wall.
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A Model For Optimal Legal Tech Investment Strategy
Legal organizations struggling to work out the right technology investment strategy may benefit from using a matrix for legal department efficiency that is based on an understanding of where workloads belong, according to the basic functions and priorities of a corporate legal team, says Sylvain Magdinier at Integreon.
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Series
My Nonpracticing Law Job: Recruiter
Self-proclaimed "Lawyer Doula" Danielle Thompson at Major Lindsey shares how she went from Columbia Law School graduate and BigLaw employment associate to a career in legal recruiting — and discovered a passion for advocacy along the way.
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Series
Ask A Mentor: How Do I Balance Social Activism With My Job?
Corporate attorneys pursuing social justice causes outside of work should consider eight guidelines for finding equilibrium between their beliefs and their professional duties and reputation, say Diedrick Graham, Debra Friedman and Simeon Brier at Cozen O'Connor.
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Personality Tests And Machine Learning Applications In Law
Mateusz Kulesza at McDonnell Boehnen looks at potential applications of personality testing based on machine learning techniques for law firms, and the implications this shift could have for lawyers, firms and judges, including how it could make the work of judges and other legal decision-makers much more difficult.
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AI Is Reshaping Lawyering: What To Expect In 2024
The future of lawyering is not about the wholesale replacement of attorneys by artificial intelligence, but as AI handles more of the routine legal work, the role of lawyers will evolve to be more strategic, requiring the development of competencies beyond traditional legal skills, says Colin Levy at Malbek.
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Embrace Active Voice In Legal Writing — In Most Cases
Legal writers should strive to craft sentences in the active voice to promote brevity and avoid ambiguities that can spark litigation, but writing in the passive voice is sometimes appropriate — when it's a moral choice and not a grammatical failure, says Diana Simon at the University of Arizona's James E. Rogers College of Law.