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Delaware Pulse
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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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Law360 Names Attys Who Moved Up The Firm Ranks In Q2
A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. Law360 reveals the list of attorneys whose commitment to legal excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the second quarter of this year.
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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.
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3rd Circ. Says Jury Must Weigh Ex-Philly ADA's Vax Bias Case
A jury will have to determine whether the Philadelphia District Attorney's Office was following a neutral, general policy when it denied an employee's religious exemption from its COVID-19 vaccination mandate, or whether D.A. Larry Krasner harbored anti-religious bias in the decision, the Third Circuit ruled Monday.
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Law360's Legal Lions Of The Week
Boyden Gray PLLC leads this week's edition of Law360 Legal Lions, after the full Fifth Circuit struck down as unconstitutional the Federal Communications Commission's system for subsidizing telecommunications service for rural and low-income users.
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Law360 Pulse Spotlight On Mid-Law Work
Benesch's work on a private equity acquisition of a bankruptcy advisory firm and Hausfeld's handling of a proposed class action in a data breach affecting over seven million people lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from July 12 to 26.
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Voir Dire: Law360 Pulse's Weekly Quiz
A shakeup in the presidential race kicked off another busy week for the legal industry as two BigLaw firms named leaders. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Class Of 2023 Shatters Records In Legal Employment, Salaries
The class of 2023 set new records for the overall employment rate, employment in jobs that require or anticipate bar passage, and median and average salaries. In addition, private practice employment has hit the highest level in more than 30 years, per data released Thursday by the National Association for Law Placement Inc.
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Law Firm Real Estate Report
Some major U.S. firms, including Faegre Drinker Biddle & Reath LLP and Polsinelli PC, will have a busy 2025 as they set plans in motion this month to move their regional offices next year.
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Higher Education Atty Rejoins Saul Ewing In Its Del. Office
Saul Ewing LLP announced Thursday that it has welcomed back an attorney with two decades of litigation and in-house experience, including more than a decade at the University of Delaware.
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$50K Referral Bonuses In BigLaw Signal Hiring Optimism
The $50,000 referral bonuses being offered by Kirkland & Ellis LLP and Allen Overy Shearman Sterling are viewed by industry observers as reflecting growing optimism in the legal hiring market and an expected uptick in corporate work.