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Delaware Pulse
Cahill Gordon Adds Crypto Attys, Launches Delaware Office
Scott + Scott Opens Del. Office With Corporate Law Focus
As Debt Rises, New Grads More Likely To Pick Law Firm Jobs
Baird Mandalas Administrator Is Now Chief Operating Officer
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Meet The Attys In Biotech Co. Gamida's Ch. 11 And Ch. 15
A team of attorneys from Blank Rome LLP is representing biotech company Gamida Cell Inc. in its Delaware Chapter 11 bankruptcy and its Israeli parent company in its Chapter 15 insolvency recognition proceedings.
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'Live Like A First-Year': Recruiter Tips For Going In-House
For associates at large law firms, a change in both frame of mind and lifestyle is essential in order to make a successful transition to a career in-house at a corporation, according to legal recruiters.
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How Different Legal Professionals Are Approaching Gen AI
More senior lawyers ask different and deeper questions about artificial intelligence technology — particularly around security and data protection — not only for their need to stay relevant and gain additional skills, but also because of their breadth of experience and years of being risk-averse, according to a legal industry panelist who spoke during a webinar Tuesday.
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Small Law Firms Plan To Adopt AI Faster Than Larger Firms
Solo and small law firms plan to adopt uses of artificial intelligence technology more quickly than larger firms in the next six months, and prospective clients are even more eager for AI, according to a new report by law practice management software company Clio.
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Law360 Names Attys Who Moved Up The Firm Ranks In Q1
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 fourth quarter of last year.
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Is The Sky The Limit For BigLaw Billing Rates?
Data continues to pile up demonstrating large law firms' success in raising their billing rates at a historic pace while also continuing to command ever-larger portions of in-house legal departments' spending, which seems to point to a seemingly unfettered ability to raise rates.
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Strategic Hiring Was The New Normal For BigLaw In 2023
The 400 largest law firms by headcount in the U.S. grew more slowly in 2023 than in the previous two years, while Kirkland & Ellis LLP surpassed the 3,000-attorney threshold, according to the latest Law360 ranking.
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The Law360 400: Tracking The Largest US Law Firms
The legal market expanded more tentatively in 2023 than in previous years amid a slowdown in demand for legal services, especially in transactions, an area that has been sluggish but is expected to quicken in the near future.
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ABA's Education Section Endorses Alternative Atty Licensing
The American Bar Association's national accrediting arm for law degree programs announced during a council meeting Friday the adoption of a report that effectively recognizes alternative methods of attorney licensing outside the bar exam.
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Courts' 'Wait And See' On Deepfake Rule Gets Mixed Reviews
A new evidentiary rule for dealing with artificial intelligence-generated deepfakes is unnecessary right now, according to a federal judiciary committee, but the courts' "wait and see" approach may be too cautious, some experts told Law360 Monday.
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Dozens Of Pro Bono Attys Back 3rd Circ. Nominee Mangi
Forty-nine pro bono partners, counsel and chairs from major law firms and organizations wrote to Senate leadership on Friday with concerns that the staunch opposition against Third Circuit nominee Adeel Mangi over his pro bono work will have a chilling effect on future attorneys seeking judgeships, according to a letter shared with Law360.
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Lewis Brisbois Taps Attys To Help Lead Asbestos Litigation
Lewis Brisbois Bisgaard & Smith LLP named two new vice chairs of its asbestos litigation practice group this week, looking to experienced litigators from its Philadelphia and Atlanta offices to fill the roles.
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Gen Z Women Are Shunning BigLaw Partnership. Here's Why.
A recent survey of Generation Z lawyers at large law firms found that significantly more men than women say their ultimate career goal is to make partner, while far more women than men say their goal is to transition in-house.
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Law360's Legal Lions Of The Week
Haynes and Boone LLP and Lubin & Enoch PC lead this week's edition of Law360's Legal Lions, after the U.S. Supreme Court unanimously determined that federal courts do not have discretion to toss a case once it's decided that the claims belong in arbitration.
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Stevens & Lee Adds Cannabis Co-Chair From Pashman Stein
Stevens & Lee PC has hired a new co-chair for its cannabis law team from New Jersey-based Pashman Stein Walder Hayden PC, explaining that it opted for an expert in the growing field who brings a diverse practice background that also includes experience with white collar defense and complex commercial litigation.
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Voir Dire: Law360 Pulse's Weekly Quiz
The middle of May marked another action-packed week for the legal industry as former President Donald Trump's hush money trial continued and BigLaw firms expanded their reach in the U.S. and abroad. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Efforts To Make Del. Legal Community More Inclusive Roll On
As Delaware continues to implement changes aimed at increasing the diversity of its bench and bar, a nonprofit that seeks to create a better pipeline so more young people can pursue legal careers has been a key part of those efforts.
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Patient Software Biz's GC Gets Comp Bump To $3M
The general counsel for patient intake software company Phreesia Inc. received about $3 million in total compensation for the fiscal year that ended Jan. 31, up from about $2.8 million a year earlier, according to a public filing.
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Deepfake Rule Proposals Navigate 'Perfect Evidentiary Storm'
As federal judiciary officials explore how to handle evidence faked by artificial intelligence, attorneys are divided over the need to change evidence rules, with some worried that current rules are not up to the challenges posed by deepfakes, and others fearful that altering them might do more harm than good.
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From 'Deadhead' To Womble Bond's Next Chair And CEO-Elect
Merrick Benn, a global finance partner at Womble Bond Dickinson and a member of the firm's global board, is preparing to take over as U.S. chair and CEO. Here, Benn talks to Law360 Pulse about his goals for the new position and how the Grateful Dead influenced his career trajectory.
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Del. Justices Ask: Do Attys Get Thinner Slice Of $1B Dell Pie?
A near record-breaking $266.7 million fee for stockholder attorneys who settled a Chancery Court class action against Dell Technologies Inc. for $1 billion had Delaware's Supreme Court raising questions Wednesday about how the state traditionally calculates attorney fee awards in large class action settlements.
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Womble Bond Names 'Fearless Leader' As Chair, CEO-Elect
Womble Bond Dickinson announced Wednesday that global finance partner Merrick Benn has been elected U.S. chair and CEO, for a three-year term effective Jan. 1.
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Tesla Fires Back At Claims It Bullied Retired Law Professor
Tesla has pushed back against allegations that it tried to bully a retired law professor out of weighing in on an investor suit over CEO Elon Musk's $56 billion compensation plan, according to new filings in Delaware.
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Reed Smith Launches Emerging Technologies Practice
Reed Smith LLP announced the launch of a practice group focused on helping clients with the legal complexities posed by emerging technologies such as artificial intelligence and fintech.
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Women In GC Roles Are Closing In On The Gender Pay Gap
Though the gender pay gap persists, the difference in compensation between women and men at the general counsel level is narrowing — from 4.9% in 2023 to 4.3% in 2024 — according to a report out Wednesday.
Expert Analysis
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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.
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5 Best Practices For Firms Designing DEI Programs
Nikki Lewis Simon, chief diversity, equity and inclusion officer at Greenberg Traurig, discusses best practices — and some pitfalls to avoid — for law firms looking to build programs aimed at driving inclusion in the workplace.
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Former Minn. Chief Justice Instructs On Writing Better Briefs
Former Minnesota Supreme Court Chief Justice Lorie Gildea, now at Greenberg Traurig, offers strategies on writing more effective appellate briefs from her time on the bench.
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Ask A Mentor: How Do I Juggle Billables And Other Activities?
While involvement in internal firm initiatives can be rewarding both personally and professionally, associates' billable time requirements don’t leave much room for other work, meaning they must develop strategies to ensure they’re meeting all of their commitments while remaining balanced, says Melanie Webber at Fisher Phillips.
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Making Legal Cents: How To Adapt As Clients Tighten Budgets
Amid a dip in corporate legal spending and client pushback on bills, Shireen Hilal at Maior Consultants highlights specific in-house counsel frustrations and explains how firms can provide customized legal advice with costs that are supported by undeniable value.
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Spartan Arbitration Tactics Against Well-Funded Opponents
Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.
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General Counsel And Legal Ops Must Work Together
It is critical for general counsel to ensure that a legal operations leader is viewed not only as a peer, but as a strategic leader for the organization, and there are several actionable ways general counsel can not only become more involved, but help champion legal operations teams and set them up for success, says Mary O'Carroll at Ironclad.
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How Generative AI's Growing Memory Affects Lawyers
A new ChatGPT feature that can remember user information across different conversations has broad implications for attorneys, whose most pressing questions for the AI tool are usually based on specific, and large, datasets, says legal tech adviser Eric Wall.
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A Model For Optimal Legal Tech Investment Strategy
Legal organizations struggling to work out the right technology investment strategy may benefit from using a matrix for legal department efficiency that is based on an understanding of where workloads belong, according to the basic functions and priorities of a corporate legal team, says Sylvain Magdinier at Integreon.
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Series
My Nonpracticing Law Job: Recruiter
Self-proclaimed "Lawyer Doula" Danielle Thompson at Major Lindsey shares how she went from Columbia Law School graduate and BigLaw employment associate to a career in legal recruiting — and discovered a passion for advocacy along the way.
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Series
Ask A Mentor: How Do I Balance Social Activism With My Job?
Corporate attorneys pursuing social justice causes outside of work should consider eight guidelines for finding equilibrium between their beliefs and their professional duties and reputation, say Diedrick Graham, Debra Friedman and Simeon Brier at Cozen O'Connor.
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Personality Tests And Machine Learning Applications In Law
Mateusz Kulesza at McDonnell Boehnen looks at potential applications of personality testing based on machine learning techniques for law firms, and the implications this shift could have for lawyers, firms and judges, including how it could make the work of judges and other legal decision-makers much more difficult.
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AI Is Reshaping Lawyering: What To Expect In 2024
The future of lawyering is not about the wholesale replacement of attorneys by artificial intelligence, but as AI handles more of the routine legal work, the role of lawyers will evolve to be more strategic, requiring the development of competencies beyond traditional legal skills, says Colin Levy at Malbek.