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Delaware Pulse
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Attys Dropping Out Of Byju's Ch. 11 As Last Resort: Experts
Faced with clients whose behavior was so egregious it led to an arrest order and hefty fines, all the lawyers representing two key figures in Byju's Alpha's bankruptcy have tried to quit — just about the only avenue left for attorneys under such circumstances, experts have told Law360.
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Bar Exam Rape Disclosure Among ABA Resolutions To Watch
This coming week at its annual meeting in Chicago, the American Bar Association's policymaking body is expected to discuss the "traumatic" practice of requiring would-be lawyers to disclose and discuss their experiences of sexual violence during the attorney licensure process.
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Defamation, Assault Suit Among Ex-Atty Colleagues Trimmed
A Pennsylvania federal judge this week tossed part of a former Young Conaway Stargatt & Taylor LLP attorney's defamation suit against two former colleagues, saying the statements the colleagues made about his actions were found credible by a Delaware court when it confirmed a protection for abuse order.
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Law360's Legal Lions Of The Week
Wilkinson Stekloff LLP and Covington & Burling LLP lead this week's edition of Law360 Legal Lions, after a California federal judge overturned a Los Angeles jury's $4.7 billion verdict against the National Football League for violating antitrust laws with its Sunday Ticket television package.
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Legal Jobs Ticked Down Slightly In July
The legal industry shed 500 jobs in July, continuing a three-month streak of declines following a gain in April, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.
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Ex-CFO Of Embattled PE Firm Sues In Del. For Legal Fees
The former chief financial officer of 777 Partners LLC has sued the private equity firm in Delaware's Court of Chancery, seeking advancement of his legal fees in connection with a fraud investigation and at least 20 civil lawsuits related to the company's business.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the end of July with another action-packed week of news as BigLaw made hires across the country. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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5 Women To Be Honored By ABA As Role Models In Law
A visiting scholar, an associate judge from Maryland and a public interest lawyer are among the five attorneys who will be presented with the 2024 Margaret Brent Women Lawyers of Achievement Award on Sunday during the American Bar Association's annual meeting in Chicago.
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Online Lender Best Egg Promotes GC To Chief Legal Officer
Delaware-based financial technology company Best Egg has promoted its general counsel to chief legal officer and corporate secretary, replacing its retiring, longtime top lawyer.
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Duane Morris Seeks $3.25M Fee For Pirate Treasure Win
Duane Morris LLP attorneys who recently won a Delaware Court of Chancery order unwinding a merger that set up unfair terms for distributions from a sunken pirate ship salvage venture potentially worth $200 million to $1 billion have asked for a $3.25 million fee for their five-year effort.
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McCarter & English Asserts $492K Lien Over Ex-Client's Bills
McCarter & English LLP has told the Delaware Chancery Court it is asserting a $492,000 lien over any monies awarded to tool manufacturer Red Mud Enterprises LLC, saying its former client has yet to pay the firm for representing the company in litigation in which it won legal fees.
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Senate Passes Bill To 'Systematically' Increase Judgeships
The Senate passed a bipartisan bill Thursday by voice vote to create 66 new and temporary judgeships to help federal courts handle increasing workloads.
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Skadden Names Shareholder Engagement and Activism Head
Skadden tapped seasoned transactional attorney Elizabeth Gonzalez-Sussman to lead the firm’s shareholder engagement and activism practice as more clients seek help navigating investor demands.
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K&L Gates Lands Corporate Atty From Greenberg Traurig
K&L Gates LLP announced Thursday that it has added to its Delaware office a corporate attorney who previously worked at Greenberg Traurig LLP and has been based in the First State for her entire career.
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Del. Judiciary Adopts Rules Allowing Cellphones In Its Courts
Delaware's judiciary has announced that it is adopting a policy permitting personal electronic devices and cellphones in its courthouses, with some restrictions, following the success of a two-year pilot program.
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Meet The Judge Presiding Over HIG's $915M Deal Suit
Delaware Superior Court Judge Meghan A. Adams is presiding over litigation filed by affiliates of H.I.G. Capital alleging "brazen" sell-side fraud and conspiracy by interests of Audax Group in connection with H.I.G.'s $915 million deal in early 2022 for an allegedly overvalued Mobileum Inc.
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Del. Justices Reject 'Half-Hearted' Arbitration Bid In Fee Fight
Delaware's Supreme Court has affirmed a ruling that an entity that invests in tech companies waited too long to try to arbitrate a manager's legal fee advancement suit, rejecting a "half-hearted suggestion" that it was unaware of an arbitration provision until "its third set of counsel" joined the case.
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Can GCs Avoid Having Teams Seen As Department Of 'No'?
While many legal chiefs don't want business leaders to view their legal teams as the department of "No," a new study says some executives continue to wait until as late as possible to consult with their counsel — if at all.
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Delays Doom Wells Fargo Worker's Suit, 3rd Circ. Says
The Third Circuit declined to reinstate a former Wells Fargo employee's suit alleging he was fired after complaining that the bank withheld some of his commissions, saying he can't revive his suit due to his "inexcusable lack of diligence" at complying with court orders.
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How Associates Can Navigate Risks Of Social Media
Experts say associates should use social media with extreme caution, weighing any benefits against the impact that their online presence may have on their law firms, practice, clients and future employment.
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Deputy To GC: When Is The Right Time To Transition?
While many deputy general counsel aspire to become legal chiefs — either at their current employers or elsewhere, depending on succession plans — not everyone in the role wants to rise to the position. How can lawyers know? And which qualifications do they need? One established general counsel is hoping to help deputies navigate these questions.
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Approach The Bench: Judge Dillard Boosts Ga. Court Access
From cameras in the courtroom to explanatory law review articles to posts on social media, Judge Stephen Dillard uses every tool at his disposal to improve transparency at the Georgia Court of Appeals.
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Firms' Recruiting Specs Hinder BigLaw Litigator Hiring
Large law firms are hungry for top litigation partners who can bring strong client relationships and big books of business along with them, according to legal recruiters. But many are finding that a tall order in today's legal industry, where everyone is looking for the same thing and portability as a litigator can be a challenge.
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ABA's 1st Generative AI Opinion Points Attys To Ethical Duties
The American Bar Association ethics committee published on Monday its first formal opinion on attorney use of generative artificial intelligence tools, saying lawyers should consider their ethical obligations, including those related to model rules on competency, confidentiality and fees.
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Why Public Confidence In US Courts Is 'Withering'
Public trust in the federal judiciary, and the U.S. Supreme Court in particular, has fallen in recent years, with fewer than half of Americans now expressing confidence in the federal courts, according to a study released Monday.