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Delaware Pulse
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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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Meet Attys In Renewable Energy Co. Buyout Suit In Chancery
Attorneys from Paul Weiss Rifkind Wharton & Garrison LLP are representing a renewable energy venture in its Delaware Chancery Court suit accusing a Repsol SA subsidiary represented by Morris Nichols Arsht & Tunnell LLP and Baker McKenzie of breaching an acquisition agreement.
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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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What Law Firms Really Look For In Summer Associates
More and more, law firms are bypassing the traditional schedule for on-campus interviews in their search for summer associates. Firm leaders who oversee recruiting for these programs spoke with Law360 Pulse about where they stand on timing and what law students can do to secure a summer placement that works best for their career.
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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.
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Potter Anderson Renews Lease For Its Del. Headquarters
Delaware firm Potter Anderson & Corroon LLP has announced that it has extended the lease for its Wilmington headquarters for 13 years to 2041, and also plans to modernize the space in time for the firm's 200th anniversary in 2026.
Expert Analysis
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Small Steps Can Help Employers Beat Attorney Burnout
Lawyers are experiencing burnout on a massive, unprecedented scale due to the pandemic, but law firms and institutional players can and should make a difference by focusing on small, practical solutions that protect their attorneys’ most precious personal resource and professional commodity — time, says Chad Sarchio, president of the District of Columbia Bar.
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The Evolving Role Of The Law Firm Legal Secretary
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Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.
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Series
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Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.
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How Your Law Firm's Brand Can Convey Prestige
In order to be perceived as prestigious by clients and potential recruits, law firms should take their branding efforts beyond designing visual identities and address six key imperatives to differentiate themselves — from identifying intangible core strengths to delivering on promises at every interaction, says Howard Breindel at DeSantis Breindel.
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How Dynamic Project Management Can Help Law Firms
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Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.
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Series
Ask A Mentor: How Can I Successfully Switch Practices?
Associates who pivot into new practice areas may find that along with the excitement of a fresh start comes some apprehension, but certain proactive steps can help tame anxiety and ensure attorneys successfully adapt to unfamiliar subjects, novel internal processes and different client deliverables, say Susan Berson and Hassan Shaikh at Mintz.
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A Road Map For Creating Law Firm Sustainability Programs
Amid demands from clients and prospective hires for greater sustainability efforts, law firms should think beyond reusable mugs and create programs that incorporate clear leadership structures, emission tracking and reduction goals, and frameworks for reporting results, says Gayatri Joshi at the Law Firm Sustainability Network.
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Why Firms Should Help Associates Do More Pro Bono Work
Associates may hesitate to take on the added commitment of pro bono matters, but such work has tangible skill-building benefits, so firms should consider compensation and leadership strategies to encourage participation, says Rasmeet Chahil at Lowenstein Sandler.
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Confronting The Stigma Of Alcohol Abuse In Legal Industry
The pandemic has likely exacerbated the prevalence of problem drinking in the legal profession, making it critical for lawyers and educators to address alcohol abuse and the associated stigma through issue-specific education, supportive assistance and alcohol-free professional events, says Erica Grigg at the Texas Lawyers' Assistance Program.
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Opinion
Lawyers Have Duty To Push For Immigration Court Reform
Attorneys must use their collective voice to urge federal lawmakers to create an Article I immigration court outside executive branch control, helping address the conflicts of interest, political influence and lack of adjudication consistency that prevent migrants from achieving true justice, say Elia Diaz-Yaeger and Carlos Bollar at the Hispanic National Bar Association.
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Series
Ask A Mentor: How Can 1st-Year Attys Manage Remote Work?
First-year associates can have a hard time building relationships with colleagues, setting boundaries and prioritizing work-life balance in a remote work environment, so they must be sure to lean on their firms' support systems and practice good time management, say Jenny Lee and Christopher Fernandez at Kirkland.
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5 Ways To Lead Lawyer Teams Toward Better Mental Health
Attorney team leaders have a duty to attend to the mental well-being of their subordinates with intention, thought and candor — starting with ensuring their own mental health is in order, says Liam Montgomery at Williams & Connolly.
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How Your Summer Associate Events Can Convey Inclusivity
As law firms begin planning next year's summer associate events, they should carefully examine how choice of venue, activity, theme, attendees and formality can create feelings of exclusion for minority associates, and consider changing the status quo to create multiculturally inclusive events, says Sharon Jones at Jones Diversity.
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Series
Ask A Mentor: How Do I Negotiate Long-Term Flex Work?
Though the pandemic has shown the value of remote work, many firms are still reluctant to embrace flexible working arrangements when offices reopen, so attorneys should use several negotiating tactics to secure a long-term remote or hybrid work setup that also protects their potential for career advancement, says Elaine Spector at Harrity & Harrity.
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What I Wish Law Schools Taught Women About Legal Careers
Instead of spending an entire semester on 19th century hunting rights, I wish law schools would facilitate honest discussions about what it’s like to navigate life as an attorney, woman and mother, and offer lessons on business marketing that transcend golf outings and social mixers, says Daphne Delvaux at Gruenberg Law.