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Delaware Pulse
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Firm Wants Award Nixed Over DLA Piper, Arbitrator Ties
Fortis Advisors is urging a Delaware court to vacate an arbitral award favoring gaming company Stillfront following its 2019 purchase of a Canadian video game company, arguing that an accounting firm hired to adjudicate the dispute and Stillfront's counsel at DLA Piper hid a "web of relationships" between them.
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Law Firm Revenue Rose At 'Historic' Rate In 2024's First Half
U.S. law firm revenue was up 11.4% during the first half of 2024 compared to this time last year, marking one of the industry's best first halves in memory, second only to 2021, according to survey results released Monday by Wells Fargo Private Bank.
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ABA Guides Lawyers On Avoiding Criminal Transactions
Just over a year after the American Bar Association formalized long-standing due diligence rules for attorneys' interactions with clients, an ABA committee on Friday released its first ethics opinion providing guidance on interpreting the rules amendment.
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Law360 Pulse Spotlight On Mid-Law Work
Richards Layton's handling of a suit over Tesla's Texas relocation and Wiley's representation of an American solar panel makers' interest group lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Aug. 9 to 23.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry had another action-packed week as BigLaw firms expanded practices, shook up partnership models, and outlined new policies on office attendance. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Law360's Legal Lions Of The Week
Gibson Dunn & Crutcher LLP, Fillmore Law Firm LLP, Bradley Arant Boult Cummings LLP, Sullivan & Cromwell LLP, the U.S. Chamber Litigation Center and the Business Roundtable lead this week's edition of Law360 Legal Lions, after a Texas federal judge blocked a Federal Trade Commission ban on noncompete agreements in employment contracts.
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Women Attys Mobilizing For Harris Say They Can't Sit This Out
As Vice President Kamala Harris seeks to become the first female president, women in BigLaw and the broader legal community are rallying behind her, motivated by issues such as reproductive rights.
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Meet The 'Larger Than Life' Atty Defending Hunter Biden
The renowned attorney representing Hunter Biden at his upcoming criminal tax trial is a "larger than life" figure whose ability to connect with a jury, legal acumen and media savvy have made him a go-to lawyer for celebrities and high-profile cases, according to those who know him.
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Cole Schotz Looks To Ditch Hotel Debtor For Nonpayment
Cole Schotz PC asked a Delaware bankruptcy judge to give the firm clearance to drop the former operator of a California luxury hotel as a client over an alleged failure to pay its invoices.
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Spellbook CEO Aims For AI To Cut Junior Associate Drudgery
A legal technology company known for its artificial intelligence contract drafting and review software is releasing a new AI copilot on Thursday to help legal teams become more efficient.
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Commercial Contracts Cases Spike After COVID-Era Decline
Commercial contracts litigation increased in 2023 after hitting its lowest point in a decade in 2022 as a result of the COVID-19 pandemic, according to a new report out Thursday.
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3rd Circ. Rejects Ex-Engineering Co. GC's Benefits Suit
The Third Circuit refused Wednesday to revive a former general counsel for an engineering company's suit claiming he was stiffed on over $100,000 in retirement benefits, rejecting his argument that a $1 million payout he got from the company should have been factored into his benefits package.
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Are Big Mergers Worth It For BigLaw Firms Looking To Grow?
If a law firm adds 100 or more lawyers via a combination, you might expect that firm to see significantly higher headcount than before the merger five years after, but an analysis of data tracked by Law360 Pulse shows that, for many firms, the correlation between a big merger and big growth is not so clear.
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The 2024 Women In Law Report
For a decade, Law360 has been tracking gender equity at law firms as they continue working to close the gender gap. Our latest report shows where firms are succeeding and where they’re falling short on reaching gender parity.
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A Deep Dive Into Law360 Pulse's 2024 Women In Law Report
The legal industry continues to see incremental gains for female lawyers in private practice in the U.S., according to a Law360 Pulse analysis, with women now representing 40.6% of all attorneys and 51% of all associates.
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Representation In The Ranks: How Firms Are Faring
The Law360 Pulse Women in Law Report provides a data-driven view of U.S. law firms at the end of 2023. Here, we look at the representation of women at all levels of a typical law firm, from associates to equity partners.
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These Firms Have The Most Women In Equity Partnerships
The legal industry still has a long way to go before it can achieve gender parity at its upper levels. But these law firms are performing better than others in breaking the proverbial glass ceiling that prevents women from attaining leadership roles.
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The 2024 Women in Law Report: How Firms Stack Up
Female attorneys have reached a new high in their share of law firm equity partnerships, but firms' progress simply hasn't been significant enough to shatter the longstanding glass ceiling in the industry.
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All Signs Point Up For Law Firm Financials In First Half
After a couple of years of sluggish growth in work flowing into law firms, U.S. firms saw meaningful increases in demand, revenue and lawyer productivity during the first six months of 2024, according to the results of a midyear survey by Citi Global Wealth at Work.
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Steeped In Politics, Uber CLO In His Element Aiding Harris
It was no surprise when Uber Chief Legal Officer Tony West decided on the eve of the Democratic National Convention to take a leave of absence from his $10 million-a-year job to volunteer on the presidential campaign of his sister-in-law, Kamala Harris.
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It Takes Two, Baby: When Solo Attys Decide To Partner Up
They say that one is the loneliest number, but for solo practitioners, adding a partner or another lawyer to their practice can be daunting. Former solos told Law360 Pulse why doubling up was worth it in the end.
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Ballard Spahr Adds Biz Development Exec From Norton Rose
Ballard Spahr LLP expanded its leadership team this week with the addition of a business development expert who joined the firm after more than nine years with Norton Rose Fulbright, the firm said Monday.
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Careful Planning Can Help Small Firms Avoid Growing Pains
Some small firm founders hang their shingle with the intention of growing into a behemoth, and others wake up one day after a decade of steady growth to realize they've gone from a 10-attorney firm to one with 50. Either way, growth can be daunting.
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As Your Firm Grows, Do You Need A Paralegal Or Assistant?
Attorneys at large law firms often enjoy plenty of nonlawyer help: paralegals, marketing professionals, an accounting department and more. By contrast, small firm lawyers and solo practitioners often have to carefully consider if hiring a support staffer is worth it. Here's the story of how some small firm lawyers have made this decision.
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Law360's Legal Lions Of The Week
Shaw Keller LLP and Covington & Burling LLP lead this week's edition of Law360 Legal Lions, after a federal judge overturned a Delaware jury verdict that AstraZeneca owes $107.5 million for infringing two cancer drug patents owned by a Pfizer unit.