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As Delaware lawmakers advance changes to the state's general corporation law — aimed in part at stopping companies from moving their corporate charters — they are facing increased pressure from their counterparts in Texas, where legislation appears to be on a fast dash in an attempt to convince more businesses to make it their legal home.
Divisive amendments to Delaware's general corporation law cleared the state Senate Thursday with multiple questions but little debate and without dissenting votes, and will now be sent to the House amid warnings that failure to approve could weaken the state's standing as a top corporate charter hub.
LaKresha R. Moultrie, Delaware's new secretary of labor said her immediate goals for the position are advancing measures to bolster the state's workforce.
Cozen O'Connor has new office leadership in California, Minnesota and New York, and has named several practice group leaders.
As law firms adjust their compensation systems to the changing legal job market, a system that works in favor of one lateral candidate could be a bad fit for another, forcing prospective laterals to wade through seemingly endless pros and cons related to partner pay.
Delaware legislation that could narrow stockholder opportunities to sue state-chartered corporations for fiduciary duty breaches or access to books and records moved to the state's full Senate on Wednesday after a less than 90-minute committee hearing that leaned toward the bill's supporters.
Lateral hiring among the top 200 law firms rebounded in 2024, with firms adding 900 lateral hires, according to a new Leopard Solutions report that also highlighted ongoing transitions in the legal industry, including generational leadership shifts, evolving career aspirations, and growing pressures on diversity, equity and inclusion.
Nearly 83% of first-time test takers who sat for the bar exam in 2024 passed, an increase of nearly 3 percentage points from 2023, according to statistics released on Wednesday by the American Bar Association.
The Judicial Conference of the United States on Tuesday asked Congress to create dozens of new judgeships in districts across the country in an effort to address what it calls a "worsening shortage" of judges amid mounting caseloads, months after then-President Joe Biden vetoed a bill to add 63 new permanent judgeships over partisan concerns.
Twenty-one law firms with Delaware corporate practices have jointly endorsed pending state legislation, S.B. 21, that aims to narrow stockholder avenues for challenging corporate acts and clarify the definition of company controllers.
Delaware state Senate Bill 21, up for a Judiciary Committee vote on Wednesday, overturns some provisions of landmark state Supreme Court rulings, from Kahn v. M&F Worldwide Corp. in 2014 to In re Match Group a decade later, which call for plaintiff-friendly entire fairness review for controller transactions.
Protecting federal judges is a "top priority" as violent threats spike against a polarized political backdrop, making congressional funding for additional security measures more important than ever, the U.S. Judicial Conference said Tuesday.
On-campus interviewing — an outdated process that led to just 24% of all offers made by law firms last year for summer associates — is no longer the preferred recruitment method, according to a report released Tuesday.
A key panel of the Delaware's State Bar Association overwhelmingly approved on Monday a pending bill to put new constraints on corporate stockholder lawsuits, over objections that the measure will snuff out shareholder protections from conflicted boards and corporation controllers.
Last week, the American Bar Association released its 2024 legal technology survey report, which covers a wide range of topics including artificial intelligence use, courtroom technology training and law firm data breaches. Here are five key takeaways from the report.
Manhattan-based Pierson Ferdinand LLP announced Monday the hiring of two former partners at CM Law PLLC for its bankruptcy, financial restructuring and reorganization practice.
Even as overall legal sector jobs declined in February nationwide, the number of open law firm positions increased by 59% compared with the year before, indicating "strong market expansion and growing demand for legal talent," according to a report released Friday by Leopard Solutions.
Sills Cummis and Irell & Manella's work on behalf of Johnson & Johnson and Young Conaway's work on Blink Fitness' Chapter 11 proceedings lead this edition of Law360 Pulse's Spotlight on Mid-Law Work, recapping the top matters for Mid-Law firms from Feb. 21 to March 7.
Public Citizen Litigation Group and Arnold & Porter Kaye Scholer LLP lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ruled that a D.C. federal judge can require the Trump administration to release up to $2 billion in frozen foreign aid funding.
Saul Ewing LLP appointed a longtime firm attorney as chair of the corporate practice, according to a Friday announcement.
Following modest gains at the beginning of the year, the U.S. legal sector lost 3,300 jobs in February, according to preliminary data released Friday from the U.S. Bureau of Labor Statistics.
The legal sector started March with a downpour of big industry news, including leadership shuffles, office closures and group lateral moves. Test your legal news savvy here with Law360 Pulse's weekly quiz.
With judges hitting the brakes on the White House's aggressive agenda, President Donald Trump on Thursday vowed to up the ante with his legal adversaries by seeking legal costs and damages if his administration ultimately prevails after initial setbacks in litigation.
An attorney whose firm largely represents investors and consumers told a corporate law conference in New Orleans on Thursday that the list of plaintiff-friendly rulings that would be effectively overturned by a pending corporation law bill in Delaware "will probably be just as long as the bill itself."
While the number of Mid-Law partnership promotions remained relatively stable this year, a handful of East Coast markets saw substantial growth, while other traditional hotbeds, such as California, experienced a decline in numbers, a Law360 Pulse analysis has found.
While international agreements for space law have remained relatively unchanged since their creation decades ago, the rapid pace of change in U.S. laws and policies is creating opportunities for both new and veteran lawyers looking to break into this exciting realm, in either the private sector or government, says Michael Dodge at the University of North Dakota.
Series
Ask A Mentor: What Makes A Successful Summer Associate?Navigating a few densely packed weeks at a law firm can be daunting for summer associates, but those who are prepared to seize opportunities and not afraid to ask questions will be set up for success, says Julie Crisp at Latham.
Law firms can attract the right summer associate candidates and help students see what makes a program unique by using carefully crafted messaging and choosing the best ambassadors to deliver it, says Tamara McClatchey, director of career services at the University of Chicago Law School.
Opinion
Judges Deserve Congress' Commitment To Their SafetyFollowing the tragic attack on U.S. District Judge Esther Salas' family last summer and amid rising threats against the judiciary, legislation protecting federal judges' personal information and enhancing security measures at courthouses is urgently needed, says U.S. District Judge Roslynn Mauskopf, director of the Administrative Office of the U.S. Courts.
Series
Ask A Mentor: How Can Recalcitrant Attys Use Social Media?Social media can be intimidating for reluctant lawyers but it can also be richly rewarding, as long as attorneys remember that professional accounts will always reflect on their firms and colleagues, and follow some best practices to avoid embarrassment, says Sean Marotta at Hogan Lovells.
Neville Eisenberg and Mark Grayson at BCLP explain how they sped up contract execution for one client by replacing email with a centralized, digital tool for negotiations and review, and how the principles they adhered to can be helpful for other law firms looking to improve poorly managed contract management processes.
Series
Ask A Mentor: How Can Firms Coach Associates Remotely?Practicing law through virtual platforms will likely persist even after the pandemic, so law firms and senior lawyers should consider refurbishing their associate mentoring programs to facilitate personal connections, professionalism and effective training in a remote environment, says Carol Goodman at Herrick Feinstein.
As the U.S. observes Autism Acceptance Month, autistic attorney Haley Moss describes the societal barriers and stereotypes that keep neurodivergent lawyers from disclosing their disabilities, and how law firms can better accommodate and level the playing field for attorneys whose minds work outside of the prescribed norm.
Many legal technology vendors now sell artificial intelligence and machine learning tools at a premium price tag, but law firms must take the time to properly evaluate them as not all offerings generate process efficiencies or even use the technologies advertised, says Steven Magnuson at Ballard Spahr.
While chief legal officers are increasingly involved in creating corporate diversity, inclusion and anti-bigotry policies, all lawyers have a responsibility to be discrimination busters and bias interrupters regardless of the title they hold, says Veta T. Richardson at the Association of Corporate Counsel.
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
As junior associates increasingly report burnout, work-life conflict and loneliness during the pandemic, law firms should take tangible actions to reduce the stigma around seeking help, and to model desired well-being behaviors from the top down, say Stacey Whiteley at the New York State Bar Association and Robin Belleau at Kirkland.
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
In addition to establishing their brand from scratch, women who start their own law firms must overcome inherent bias against female lawyers and convince prospective clients to put aside big-firm preferences, says Joel Stern at the National Association of Minority and Women Owned Law Firms.
Jane Jeong at Cooley shares how grueling BigLaw schedules and her own perfectionism emotionally bankrupted her, and why attorneys struggling with burnout should consider making small changes to everyday habits.