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Delaware Pulse
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Davis Wright's Revenue Grows, Partners Reach $1M Mark
As the firm expands beyond its Seattle roots, Davis Wright Tremaine LLP has continued a decade-long streak of income growth with a 9% increase in revenue last year.
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Tesla Investors Weigh In On $5B Fee Proposed For Class Attys
Tesla Inc. stockholders are sounding off to Delaware's chancellor after class attorneys sought a stock-based fee potentially worth more than $5 billion at current share prices following the Court of Chancery's reversal of Elon Musk's $55.8 billion stock-based pay plan on Jan. 30.
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Firms Trimmed Entry-Level Hiring Amid Demand Shifts In 2023
As the legal market adjusted from the post-pandemic hiring surge, law firms across the U.S. scaled back their recruitment efforts for entry-level associates last year, a result of firms realigning talent strategies to better serve clients' demands over the long term, a report Tuesday from the National Association for Law Placement found.
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Civil Cases On The Rise In Federal Courts
The number of civil cases filed in the federal courts jumped significantly in fiscal 2023, led by disputes between multiple states' citizens and personal injury suits, after a decrease in civil filings the year before, the federal judiciary said Tuesday.
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Head Of Rutgers Race Justice Program Defends 3rd Circ. Nom
The director of a Rutgers University program that has drawn controversy amid a confirmation battle for a Third Circuit seat said Tuesday that she is "disappointed though not surprised" by the attacks on nominee Adeel Mangi, who would be the first Muslim federal appeals court judge if confirmed.
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Paul Weiss' Digital Tech Chair On AI's Promises And Perils
While generative artificial intelligence promises to increase access to justice and kill the billable hour, we don't know how to prevent it from unleashing misinformation and disinformation on the electorate, says Katherine Forrest, a former Manhattan federal judge who is now chair of Paul Weiss Rifkind Wharton & Garrison LLP's digital technology group.
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Saul Ewing Taps Over A Dozen New Practice, Dept. Leads
Saul Ewing LLP unveiled its newest slate of leadership appointments on Tuesday, spanning two departments and seven practices.
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3rd Circ. Pick Affirms Muslim Lawyer Event Amid GOP Attacks
Third Circuit nominee Adeel Mangi, who will be the first Muslim federal appeals court judge if confirmed and has been facing attacks from Republicans, has updated the Senate Judiciary Committee with an event he "inadvertently" left off his nominee questionnaire.
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3rd Circ. Finds No Reason To Disturb AbbVie Privilege Ruling
The Third Circuit has found that AbbVie was unable to show that a Pennsylvania federal court went against precedent or made an error when ordering the drugmaker to turn over attorney communications from a "sham" patent case allegedly meant to delay AndroGel competitors.
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Philly DA Can't Escape Sanctions Over Lack Of Candor
A Third Circuit panel has ruled that Philadelphia's district attorney, Larry Krasner, must apologize to the family of two 1984 murder victims after his office was less than forthcoming in proceedings over post-conviction relief sought by one of the killers.
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With Rising State AG Action, BigLaw Responds By Beefing Up
This year Covington & Burling LLP formalized its government litigation practice group, following others in what appears to be a race by large law firms to formalize, market and grow their state attorney general practices as the nature of the office has shifted in recent years.
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After COVID Office Cuts, Firms Will Do 'More With Less'
Things are settling back into place in the legal office space market after the great upheavals caused by COVID-19, with most law firms now focused on making the best use of their existing space after a round of pandemic-era downsizing, according to a new survey.
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Law360 Legal Lions Of The Week
Mitchell Law PLLC, Gessler Blue LLC and Dhillon Law Group Inc. lead this week's edition of Law360 Legal Lions after the U.S. Supreme Court unanimously found that states can't bar former president Donald Trump from running for reelection this year based on a 14th Amendment provision.
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By The Numbers: Why Associates Stay At Their Firms
After a flood of associates left their firms in search of greener pastures as part of the "talent wars" of the early 2020s, the National Association for Law Placement wanted to know what made other early-career attorneys decide instead to stay put. Here, Law360 Pulse takes a look at how compensation, work-life balance, and a dozen other factors helped play a role.
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Military Spouses Are Untapped Pool Of Attorney Talent
Service members' spouses in the legal profession present a massive well of untapped talent, though balancing a law career with their families' service to the country can be challenging, attorneys working in and with this community tell Law360 Pulse.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the beginning of March with another busy week as BigLaw firms made new hires and adjusted their practices.
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Chemours Internal Review Reveals Violations By Top Execs
Chemical giant Chemours announced on Wednesday that an internal investigation revealed that three executives engaged in unethical financial practices to boost their incentive compensation.
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Del.'s Corp. Law Dominance A Hot Topic At Tulane Conference
Whether Delaware will continue to be where many companies choose to incorporate and its courts will remain the go-to venue for deciding high-stakes business disputes was a hot topic of conversation as Tulane Law School commenced its annual Corporate Law Institute on Thursday.
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Meet The Attys Repping Juniper Investor In Suit Over HPE Sale
Attorneys from Weiss Law LLP and Bielli & Klauder LLC are representing a Juniper Networks Inc. investor who alleges leaders of the artificial intelligence networking platform have withheld material information about the company's $14 billion acquisition by Hewlett Packard Enterprise Co.
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And The Oscars' Legal Questions Go To ... John Quinn
When he was the general counsel to the Academy of Motion Picture Arts and Sciences, Quinn Emanuel founding partner John Quinn attended the Oscars dozens of times, and he did so with a copy of the broadcast network contract tucked into his tuxedo pocket.
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Equity Concerns Follow Mass Torts' March Into Bankruptcy
After decades of suffering and waiting, a group of more than 82,000 childhood sexual abuse survivors recently reached a $2.5 billion bankruptcy settlement with the Boy Scouts of America and related groups. Yet the survivors may once again be in suspense.
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GCs See Data Privacy, ESG As Growing Risk Areas For 2024
While regulatory compliance remains top of mind for chief legal officers, data privacy, and environmental, social and governance have entered the conversation as leading risks for legal department leaders, according to the results of a new survey.
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Latham Passes Skadden As Busiest Securities Defense Firm
Despite a downward trend in securities case filings over the past three years, Latham & Watkins LLP has remained one of the most active law firms on the defense side, taking over the top spot from Skadden Arps Slate Meagher & Flom LLP, according to reports released by Lex Machina.
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Epic Tesla Fee Bid May Blaze Extraordinary Chancery Path
An unprecedented $5 billion-plus stock-based fee award sought by class attorneys who recently short-circuited Tesla CEO Elon Musk's 12-step, $51 billion compensation package has set up an equally unprecedented test for Delaware Court of Chancery fee guidelines and a potential award one law expert described as "dynastic wealth."
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The Firms Charging Into Secondary Cities As BigLaw Retreats
While top-tier firms have recently tapered their migration to secondary legal markets, firm leaders and recruiters say these locations continue to hold appeal for midtier firms, citing advantages such as lower expenses and competitive billing rates.
Expert Analysis
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A Call For Personal Accountability On Diversity And Inclusion
While chief legal officers are increasingly involved in creating corporate diversity, inclusion and anti-bigotry policies, all lawyers have a responsibility to be discrimination busters and bias interrupters regardless of the title they hold, says Veta T. Richardson at the Association of Corporate Counsel.
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Learning How To Code Can Unleash New Potential In Lawyers
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
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Supporting Associates Amid Pandemic's Mental Health Toll
As junior associates increasingly report burnout, work-life conflict and loneliness during the pandemic, law firms should take tangible actions to reduce the stigma around seeking help, and to model desired well-being behaviors from the top down, say Stacey Whiteley at the New York State Bar Association and Robin Belleau at Kirkland.
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The Importance Of Client Engagement In Law Firm Innovation
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
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The Unique Challenges Facing Women-Owned Law Firms
In addition to establishing their brand from scratch, women who start their own law firms must overcome inherent bias against female lawyers and convince prospective clients to put aside big-firm preferences, says Joel Stern at the National Association of Minority and Women Owned Law Firms.
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The Pursuit Of Wellness In BigLaw: Lessons From My Journey
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Jane Jeong at Cooley shares how grueling BigLaw schedules and her own perfectionism emotionally bankrupted her, and why attorneys struggling with burnout should consider making small changes to everyday habits.
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Why We Must Recruit And Advance More Black Prosecutors
Black Americans make up a disproportionate percentage of the incarcerated population but are underrepresented among elected prosecutors, so the legal community — from law schools to prosecutor offices — must commit to addressing these disappointing demographics, says Erika Gilliam-Booker at the National Black Prosecutors Association.
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Series
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Young lawyers overwhelmed with a crushing workload must tackle the problem on two fronts — learning how to say no, and understanding how to break down projects into manageable parts, says Jay Harrington at Harrington Communications.
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A Scientific Path For Improving Diversity At Law Firms
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.
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Series
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In the first installment of Law360 Pulse's career advice guest column, Meela Gill at Weil offers insights on how associates can ask for meaningful work opportunities at their firms without sounding like they are begging.
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Legal Sector Regulatory Reform Is Key To Closing Justice Gap
In order to improve access to justice for those who cannot afford a lawyer, states should consider regulatory innovations, such as allowing new forms of law firm ownership and permitting nonlawyers to provide certain legal services, says Patricia Lee Refo, president of the American Bar Association.
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Opinion
High Court's Carney V. Adams Analysis On Standing Is Flawed
The U.S. Supreme Court’s recent ruling in Carney v. Adams that a Delaware lawyer lacked standing to challenge the state's rules on judiciary bipartisanship was based on an incorrect reading of the constitutional requisites for Article III standing, says Leland Ware at the University of Delaware.
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Opinion
Carney V. Adams Threatens Delaware's Balanced Judiciary
This week’s U.S. Supreme Court arguments in Carney v. Adams presented a strong challenge to Delaware’s bipartisan-judiciary requirement, but the tradition is critical to ensuring the state's courts remain free from partisan influence, says Rodney Smolla at the Widener University Delaware Law School.