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Delaware Pulse
Del. Chancery Court Issues Another Round Of Rule Changes
Meet The Attys In Margolis Edelstein Malpractice Fight
Cahill Gordon's Delaware Leader Talks Firm's First State Plans
Cahill Gordon Adds Crypto Attys, Launches Delaware Office
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Venezuela Can't DQ Special Master As Citgo Auction Looms
Venezuela has again fallen short in its efforts to disqualify the special master overseeing the auction of Citgo's parent company to satisfy billions of dollars worth of the country's debt, after a Delaware judge ruled on Friday afternoon that its motivations behind the motion are "suspect."
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Orrick Leads List Of Top Law Firms For Women, Diversity
Talent strategies firm Seramount released its latest list of the 45 best law firms for women and diversity this week, with the 2024 cohort of winners showing strides over previous years in representation, advancement and benefits for lawyers who are women or from other underrepresented groups.
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Law360's Legal Lions Of The Week
Brewer Attorneys & Counselors, the American Civil Liberties Union Foundation and attorneys Eugene Volokh and Alan Morrison lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that the National Rifle Association can proceed with certain claims in the gun rights group's lawsuit against a former New York state official.
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Don't Fear AI Hallucinations, Embrace Them, Scholar Says
When it comes to artificial intelligence, most early adopters fear the so-called hallucinations that the systems can produce. However, one scholar says the creativity those hallucinations represent is a valuable feature lawyers should embrace.
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Why So Many GCs Are Jumping To Law Firm Partnerships
What started as a trickle of general counsel retiring and then finishing out their careers at law firms has expanded into a growing number of senior in-house counsel leaving their companies for private practice. And not only in part-time, of counsel positions, but often as full partners.
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Del. Chancellor Questions 'Rush' To Amend Corporation Law
Weeks before the Delaware State Bar Association sent state lawmakers a draft bill explicitly allowing corporations to broadly cede some governance rights to chosen stockholders, Chancellor Kathaleen St. J. McCormick of Delaware Chancery Court made an unprecedented, direct appeal to think twice.
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Voir Dire: Law360 Pulse's Weekly Quiz
The end of May marked another action-packed week for the legal industry as BigLaw firms made headlines and Donald Trump became the first former U.S. president convicted of a felony. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
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The 'Not-Postings' Of A Delaware Chancery Court Judge
Close observers of Delaware's Court of Chancery have recently gotten a new window into the First State's preeminent court of equity: Delaware Vice Chancellor J. Travis Laster, one of seven judges on the court's bench, has recently rejoined LinkedIn.
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Law Firm Real Estate Report
"Reduce" is the buzzword for May, as law firms Lathrop GPM LLP, Winstead PC, Sullivan & Worcester LLP and Gordon Rees Scully Mansukhani LLP shaved some square footage off their office footprints in Texas, New York and California, respectively.
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More Law Firms Are Relocating, Signing New Leases In 2024
More law firms have relocated or renewed their office leases in the first quarter of 2024 than during the same period over the last four years, continuing a post-pandemic trend that began late last year as more firms made moves, according to a recent report by real-estate services company Savills.
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Chancery Pins Down Musk, Tesla On Pay Bid, Del. Jurisdiction
Delaware's chancellor has nailed Elon Musk, Tesla Inc. and their counsel to assurances that the company won't flee state corporate law jurisdiction and a potentially massive stockholder attorney fee dispute by rushing votes on a struck-down, $56 billion compensation plan for Musk and proposed reincorporation in Texas.
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Once A Standard, US News Rankings Now 'Entirely Irrelevant'
Once "the bellwether of the legal academy," the annual law school rankings published by U.S. News & World Report don't matter to today's prospective law students, a pair of law professors say in a new study.
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Efforts To Improve Diversity On State High Courts Stagnating
A lack of publicly available data is hampering efforts to make state Supreme Courts more representative of the populations they serve and diversity pushes appear to have stalled out, according to a recent report.
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4 Ways Young Attys Can Balance Pro Bono And Billable Hours
Pro Bono work is an ideal way for young associates to learn new skills while helping others. Here, Law360 Pulse asks experts the best practices on how lawyers can commit to meaningful volunteer work while keeping up with their regular responsibilities.
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Feds Push Back At Hunter Biden's 2nd Bid To Ditch Gun Case
Special counsel for the government urged the Third Circuit to deny Hunter Biden's second attempt to appeal a Delaware federal judge's refusal to dismiss his felony firearm charges, stating Biden's interpretation of guiding precedent would "swallow the final judgment rule whole."
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Law Firms Split On Tech Offerings For Business Dissolution
While some law firms refer clients to new tools that help founders wind down their companies, other law firms remain steadfast in their traditional approach to handling business dissolution services.
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Approach The Bench: Judge Humetewa Talks Tribal Relations
Before she joined the federal bench in Arizona, Judge Diane Humetewa worked as a jurist on a relatively young court, where she regularly set new legal precedent.
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Sullivan & Cromwell Cleared Of Any Misconduct In FTX Report
The Chapter 11 examiner appointed in the bankruptcy case of fallen cryptocurrency exchange FTX Trading absolved debtor law firm Sullivan & Cromwell of any conflicts or misconduct related to the business's collapse and restructuring, recommending limited further investigations into discrete matters.
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Law360 Pulse Spotlight On Mid-Law Work
Berger Montague's work on a suit over fallout from a $1.8 billion SPAC transaction and Benesch's representation of a North American joint venture with ABB lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from May 10 to 24.
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Law360's Legal Lions Of The Week
It was a week of mammoth wins for petite law firms, with two intellectual property boutiques — Lex Lumina PLLC and Irwin IP LLP — leading off this week's Law360 Legal Lions list with an explosive win at the Federal Circuit throwing out "rigid" tests for design patents.
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Voir Dire: Law360 Pulse's Weekly Quiz
The upcoming holiday weekend didn't stop the legal industry from making this another action-packed week as BigLaw expanded and adjusted practices. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Buchanan Ingersoll Taps Exec Shareholders After CEO Switch
Buchanan Ingersoll & Rooney PC announced Thursday that it has named two attorneys as executive shareholders and selected its board of directors, after a new CEO and chairman took the reins of the firm earlier this month.
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By The Numbers: Cos. Still Emphasize BigLaw Experience
Experience working at a Top 50 Am Law firm continues to have a more significant impact on in-house lawyers' compensation than experience at a boutique or even within the second top 50. But that's just one factor that plays a role. Here, Law360 Pulse looks at how compensation differs by corporate lawyers' previous employers and their practice areas.
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Mid-Law Heads Focus On Fundamentals Amid BigLaw Raiding
With several Mid-Law firms losing large groups of attorneys to BigLaw in 2024, firm leaders say they are focused on growth, maintaining their culture and implementing their strategic plans, rather than fixating on BigLaw's potential efforts to recruit their talent.
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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.
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.