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Delaware Pulse
Meet Attys In Renewable Energy Co. Buyout Suit In Chancery
What Law Firms Really Look For In Summer Associates
Better Days Ahead For Associates, Recruiters Say
Boutique Litigation Firm Esbrook Adds Office In Delaware
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Law360's Legal Lions Of The Week
Kicking off this week's legal lions list are four law firms that secured a summary judgment win Tuesday for DoorDash Inc. and other food app delivery companies in their federal lawsuit challenging a New York City law requiring delivery services to provide restaurants with certain customer info.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry had another action-packed week as law firms promoted partners and federal prosecutors charged New York City Mayor Eric Adams with bribery and fraud. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
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Law Firm Real Estate Report
The start of autumn brings changing leaves and growing law firms as offices big and small increase their footprints through the country. BigLaw firms, midsize shops and boutiques across the country all found room to grow in September.
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Stinson Adds Restructuring, Sports Atty From GrayRobinson
Stinson LLP has picked up an experienced of counsel from GrayRobinson PA, who joins its bankruptcy and creditors' rights practice and sports and recreation practice in both Tampa and Wilmington, Delaware.
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Firms Say Moving Has More Positive Impact Than Renovating
Roughly 90% of law firms that recently relocated or renovated say the updated digs have been for the better regarding culture and "office energy," and such positive change has been most widely felt among firms that moved, according to a recent report from real estate brokerage firm Savills.
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GCs Becoming CLOs Can Add Another Voice On Biz Strategy
There has been a recent flurry of general counsel seeing promotions to chief legal officers within their organizations across industries, as companies put the top legal leader — someone they want as a strategic business partner — at the same level as other members of the C-suite.
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Why BigLaw Hasn't Embraced Milbank's Bonuses
As the days grow shorter and the scent of pumpkin spice lattes fills the air, the glimmer of hope that BigLaw firms would follow Milbank LLP in awarding associates special summer bonuses has floated away on the breeze like autumn leaves.
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Sullivan & Cromwell Didn't Ignore FTX 'Red Flags,' Report Says
The Chapter 11 examiner appointed in the bankruptcy case of fallen cryptocurrency exchange FTX Trading determined Wednesday that debtor law firm Sullivan & Cromwell didn't ignore any "red flags" about FTX's misconduct related to a $500 million purchase of stock in financial service and digital trading platform Robinhood Markets Inc.
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Judge Connolly Sticks By Fining Paralegal Patent Owner
Delaware's top federal judge won't budge on ordering a Texas paralegal to pony up $53,000 for refusing to appear for months to answer questions about a patent litigation outfit that was registered to her name, after he grilled her lawyer over who he was representing at a hearing she did show up to last week.
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How To Pay Off $215K Of Law School Debt In 4 Years
Cindy Zuniga-Sanchez, Dechert LLP’s new talent development manager, is also a self-taught expert on financial freedom. She is the author of a book that details how she was able to pay off $215,000 of law school and credit card debt six years early. Here, she gives away her key tips.
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General Counsel Pay Has Spiked 25% Since 2019
Total compensation for general counsel at a sample of the largest U.S. companies has increased by nearly 25%, or from $2.6 million in 2019 to $3.3 million in 2023, according to a report released Tuesday by data analyst Equilar Inc.
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What Summer Associates Learned From Working At Firms
We asked this year's cohort about the most valuable lessons they learned during their summer associateship. Here are some tips they have to pass on to the students who have yet to land a coveted spot or are ready to embark on a career in law.
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The 2024 Summer Associates Survey: Part 2
Law firms are back in swing with in-person summer associate programs, offering students a hands-on preview of a career in law. Find out what summers liked most about the experience and which firms topped their list of the best places to be, in the latest survey from Law360 Pulse.
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These Firms Were The Top For Their Summer Associates
BigLaw firms have again set the bar high with their summer associate programs this year, earning high praise from participants who cited the increased opportunities for courtroom experiences, pro bono work, and comprehensive mentorship and networking support.
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Smartmatic Can't Seek Punitive Damages In Newsmax Suit
A Delaware Superior Court judge on Monday ruled that Smartmatic USA Corp. can't seek punitive damages in the defamation trial over unsubstantiated claims from Newsmax Media Inc. that the company's voting systems rigged the 2020 election, saying Smartmatic couldn't meet its burden to prove express malice.
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Law Firm Rates Rise In 2023, But Mixed Outlook Ahead
Corporate legal departments continue to face rising hourly rates from law firms, but rate changes have varied across industries, and the first four months of 2024 present a snapshot of these varying average rate increases, according to a recent report from Wolters Kluwer's ELM Solutions.
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Davis Polk Vows Ex-Clerk Won't Touch Crypto Merger Suit
Local counsel for Galaxy Digital Holdings Inc. has told a Delaware vice chancellor that Davis Polk & Wardwell LLP will ensure that an incoming associate who clerked for the state's Supreme Court won't share information with attorneys defending the digital assets company in a merger suit that the state's highest court revived in May.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the end of summer with another action-packed week as BigLaw snagged new talent and lawmakers sought an increase in federal judgeships. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Legal Industry Split On Regulating AI's Use In Profession
Nearly half of the participants in a survey examining the impact of artificial intelligence said they support regulation around the technology's use in the legal profession, according to a recently released report from the International Bar Association and the Center for AI and Digital Policy.
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Chevron's Demise May Not Bring Deluge Courts Had Feared
Though the death of Chevron deference has opened a door to attacking administrative decisions, the expected uptick in litigation probably won't threaten to clog federal courts, numerous administrative law experts told Law360.
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Colleagues Remember 'Fiercely Loyal' Venable Leader Gesner
Colleagues at Venable LLP are remembering co-managing partner Larry Gesner as a focused problem solver who was fiercely loyal and quietly helped others.
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Law360's Legal Lions Of The Week
Covington & Burling LLP and Pisanelli Bice PLLC lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court rejected the Nevada Green Party's request to have Jill Stein's name reinstated on the state's presidential ballot Friday.
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New NJ Senator Seeks Postelection Vote On 3rd Circ. Nominee
New Jersey's new U.S. senator, freshly sworn-in Democrat George Helmy, hopes the Senate will vote after the election on the long-stalled nomination of Adeel Mangi to the Third Circuit, which includes his state.
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Delaware Powerhouse: Bernstein Litowitz
Bernstein Litowitz Berger & Grossmann LLP continues to build a reputation for success in Delaware's Chancery Court, with bona fides that include serving as lead trial counsel in a shareholder action that led to Elon Musk's massive compensation plan at Tesla being rescinded, landing the firm on Law360's 2024 list of Delaware Powerhouses.
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Benesch Adds Chief Information Officer From Ice Miller
Benesch Friedlander Coplan & Aronoff LLP has found its chief information officer in a veteran technology executive who most recently worked at Ice Miller LLP.
Expert Analysis
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6 Essential Skills For Summer Associates To Land An Offer
Excerpt from Practical Guidance
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With full-time offer rates at the lowest point since 2012, summer associates must do all they can to distinguish themselves, starting with a few fundamentals — from the importance of asking clarifying questions to being honest about mistakes, says James Argionis at Cozen O'Connor.
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Making Legal Cents: How Law Firms Can Innovate Faster
To meet the demands of an evolving legal market and changing client expectations, law firms must not only embrace innovation, but also find ways to accelerate adoption and mitigate risks in an industry historically resistant to change, says Shireen Hilal at Maior Strategic Consulting.
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Ask A Mentor: How Should Departing Partners Approach Pay?
Sabina Lippman at CenterPeak discusses steps BigLaw partners can take when considering a move or announcing their departure to help navigate tricky compensation issues and remain on good terms with their current partners.
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How 2 Litigators Decided Dad Would Stay Home With The Kids
Jennifer Hoekstra at Aylstock Witkin shares the tough conversations about timing, goals, logistics and values involved in her family's decision that she would build her career as a litigator and law firm partner while her husband stepped back from his own litigation role to stay home with their children.
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Series
My Nonpracticing Law Job: Legal Commentary Ghostwriter
Wayne Pollock at Copo Strategies shares how he went from overworked Am Law 50 associate to owner of a legal thought leadership ghostwriting service, and provides four lessons for anyone who might be considering launching a business within the legal industry.
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Ask A Mentor: As Trials Grow Rarer, How Do I Hone My Skills?
Gary Parsons at Brooks Pierce offers advice for young lawyers seeking trial experience in an environment where fewer cases make it to trial, including how to build their reputations, set their expectations and pick the right firm.
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Talking Mental Health: Managing Depression As A Co. Founder
New Era ADR co-founder Collin Williams discusses his journey navigating a clinical depression diagnosis, how this experience affected his leadership style, and what the legal industry can do to better support attorneys with mental health conditions.
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Series
My Nonpracticing Law Job: Career And Wellness Coach
Tara Rhoades at The Sanity Plea shares how she went from BigLaw partner to legal industry career and wellness coach, and explains how attorneys can use their capabilities, knowledge and professional networks to pursue coaching themselves, or bring refreshed meaning and purpose to their current roles.
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Series
Talking Mental Health: Tackling Stress As A Practice Leader
Constance Rhebergen at Bracewell discusses how she handles the stress of being a practice chair, how sources of stress have changed in the legal industry over the past decade and what law firms can do to protect attorney mental health.
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Making Legal Cents: Engaging A Remote, Evolving Workforce
In the face of a dispersed and changing workforce with Generation Z entering the scene, law firms should consider some practical strategies to revitalize their cultures, provide meaningful mentorship and safeguard their knowledge bases, says Shireen Hilal at Maior Strategic Consulting.
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How Firms Can Effectively Evaluate Their Summer Associates
One of the most effective ways firms can ensure their summer associate programs are a success is by engaging in a timely and meaningful evaluation process and being intentional about when, how and by whom feedback should be provided, say Caroline Cimei and Erica Fine at Shutts & Bowen.
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Series
Talking Mental Health: Life As A Lawyer With OCD
Kelly Hughes at Ogletree discusses what she’s learned in the 14 years since she was diagnosed with obsessive-compulsive disorder, recounting how the experience shaped her law practice, what the legal industry and general public get wrong about the disorder, and how law firms can better support employees who have OCD.
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3 Innovative Ways AI May Be Used In Legal Practice
Excerpt from Practical Guidance
Artificial intelligence tools will increasingly be used by outside counsel to better predict the outcomes of litigation — thus informing legal strategy with greater precision — and by clients to scrutinize invoices and evaluate counsel’s performance, says Ronald Levine at Herrick Feinstein.
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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.