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Delaware Pulse
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Paul Weiss Revenue Grows By More Than 30%
Paul Weiss Rifkind Wharton & Garrison LLP reported high double-digit growth in 2024, with revenue increasing by more than 30% amid continued success on both sides of the Atlantic.
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Fox Rothschild Expands In Del. With Litigator From Boutique
Fox Rothschild LLP has added an attorney to its Delaware office who spent more than a decade at commercial litigation boutique Abrams & Bayliss LLP to bolster its ability to handle cases in the Chancery and other courts.
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Law Firm Marketing Budgets Have Fallen Behind Firm Growth
During a period when many law firms experienced strong revenue and headcount growth, the industry's marketing budgets did not grow at the same pace, according to the results of a survey released Thursday.
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Jailed Ex-FTX Exec's Lawyers Can't Drop From Ch. 11 Suit
Attorneys from Montgomery McCracken Walker & Rhoads LLP representing former FTX Trading executive Ryan Salame cannot yet withdraw as his counsel in an adversary case seeking the return of $99 million in company funds after a Delaware bankruptcy judge said Wednesday he needed more information about the firm's difficulties in communicating with their incarcerated client.
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Ballard Spahr Launches AI Tools Led By 'Ask Ellis' Chatbot
National law firm Ballard Spahr will roll out a custom suite of generative artificial intelligence tools, highlighted by Ask Ellis, a chatbot named after a co-founding attorney of the 140-year-old firm.
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4 Tips To Hit Billable Hours Out Of The Park This Year
Early in the year is the best time to start to think about billable hour targets and strategies for how to meet them, according to partners and attorney career coaches. Here are four strategies those experts say will help associates hit a home run this year.
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Primary Sponsor Of Del.'s Corporate Law Rework Defends Bill
Delaware Senate Majority Leader Bryan Townsend cited the "urgency of the moment" Tuesday during an interview with Law360 on fast-tracking proposed amendments to the state's General Corporation Law, aimed at increasing protections from liability for directors, officers and controlling stockholders in an effort to stem a feared corporate exodus from The First State.
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Kirkland Regains Top Spot in 2024 Performance Ranking
Kirkland & Ellis LLP surged back to the top of legal market intelligence provider Leopard Solutions' annual Law Firm Index released on Tuesday with a perfect score for the year, while last year's leader Latham & Watkins LLP slipped to fourth place.
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Masimo Aims To DQ Hueston Hennigan As Ex-CEO's Counsel
Masimo Corp. is urging the Delaware Chancery Court to disqualify Hueston Hennigan LLP from representing its founder and former CEO in a lawsuit over his quest for a $450 million payout from the medical technology company, arguing the firm has a conflict of interest.
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Law Firms Walk DEI Tightrope Amid Political Pressure
Law firms that once led the charge on diversity initiatives now find themselves walking a tightrope, balancing their long-standing commitments to diversity with shifting corporate priorities and political pressure stemming from the Trump administration's efforts to curtail such programs.
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Law Firm Leasing Reaches Highest Level Since Before COVID
Law firms in the United States have broken through years of pandemic-related uncertainty about market conditions and the need for office space to record the highest volume of lease activity in more than five years, according to newly released data.
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Moves To Change Del. Corporate Law Spark Pushback
A public opposition campaign complete with website and street signs has surfaced to oppose corporation and bar-backed legislation that would overhaul Delaware stockholder litigation rights and fee awards, intensifying an already unprecedented political fight that broke out last year over corporate governance concessions.
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ABA Suspends Law School DEI Standards Until Summer
The American Bar Association has announced that it is holding off on enforcing its diversity and inclusion standards for law schools in light of recent executive orders by the new presidential administration.
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Law360 Pulse Spotlight On Mid-Law Work
Law firm Davis Graham's handling of a suit against the U.S. Department of Homeland Security on behalf of Denver Public Schools and Adams and Reese LLP's handling of a $495 million timber sale lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Feb. 7 to Feb. 21.
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Law Firms Chart New Leadership Paths In Changing Times
As law firms grow larger and more tech-driven, law firm leaders are shifting their focus more on embracing technology, refining communication strategies and building stronger personal brands to guide their firms through changes, an upcoming white paper found.
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Law360's Legal Lions Of The Week
Clement & Murphy PLLC, Ropes & Gray LLP, Paul Weiss Rifkind Wharton & Garrison LLP and Faegre Drinker Biddle & Reath LLP lead this week's edition of Law360 Legal Lions, after the First Circuit determined that a major avenue for False Claims Act enforcement requires proof that kickbacks directly changed medical treatment decisions.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked another action-packed week with a bevy of BigLaw hires and a new special spring bonus. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Del. Chief Justice Targets Social Media's Pressure On Courts
Acknowledging that "some of those who lose don't take it well" and have tools to "cause judges great pain," Delaware's chief justice told a state budget panel Thursday that social media had amplified dissatisfaction with some court rulings despite global respect for the state's system.
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Snapshot: Delaware Lawmakers Target Hefty Atty Fee Awards
Amid a push by Delaware lawmakers to overhaul the First State's corporation law provisions, the state Senate is seeking recommendations aimed at avoiding "excessive" attorney fee awards in corporate litigation, drawing a mixed reaction from lawyers and a corporate law scholar.
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Troutman Pepper Launches Tariff Task Force
Troutman Pepper Locke LLP said it has formed a tariff task force aimed at helping clients navigate the Trump administration's tariffs.
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Lamb McErlane Arrives In Delaware With 6th Office
Lamb McErlane PC has opened an office in Delaware to better meet its clients' needs and plans to add more lawyers and practice areas in the future, the firm's managing partner told Law360 Pulse on Thursday.
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AI Adoption Nearly Doubled In Legal Sector After 1 Year
Nearly 40% of surveyed legal professionals said in 2024 that their company has implemented an enterprise artificial intelligence solution like Microsoft Copilot, an increase from 20% of respondents in 2023, according to a new report.
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Law360 Names Attys Who Moved Up The Firm Ranks In Q4
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 the year.
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Del.'s High-Speed Corporate Law Rework May Blunt Plaintiffs
A fast-moving amendment of Delaware's mainstay corporation law, aimed in part at curbing big fees, limiting some breach of fiduciary claims and stemming a perceived corporate exodus, has left plaintiffs attorneys playing catch-up as the recently revealed measure heads toward a first hearing next month.
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Lessons From A Landmark Year For Women Law Firm Leaders
In 2021, the legal industry saw a major wave of first-time women leaders. Law360 Pulse revisits that class and what experts say about the number of women in leadership positions across the legal profession.
Expert Analysis
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Successful In-House Alt Legal Services Start With 4 Questions
Law firms that are considering creating an in-house alternative legal service provider should focus not on recapturing revenue otherwise lost to outside vendors, but instead consider how a captive ALSP will better fulfill the needs of their clients and partners, say Beatrice Seravello and Brad Blickstein at Baretz & Brunelle.
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3 Reasons To Embrace Jargon In Legal Marketing Content
Ignore what you've been told about jargon — adding insider industry terms to your firm's marketing and business development content can persuade potential clients that you have the specialized knowledge they can trust, says Wayne Pollock at Law Firm Editorial Service.
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Future Lawyers Expect DEI Commitments Beyond Recruiting
To attract future lawyers from diverse backgrounds, firms must think beyond recruiting efforts, because law students are looking for diversity, equity and inclusion initiatives that invest in employee professional development and engage with students year-round, says Lauren Jackson at Howard University School of Law.
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Series
Ask A Mentor: How Can Law Students Build Real-World Skills?
Allison Coffin at Akin Gump discusses how summer associates going back to school can continue to develop real-world lawyering skills by leveraging the numerous law school resources that support professional development both inside and outside the classroom.
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How Firm Leaders Can Build And Sustain Culture
In uncertain and challenging times, law firm leaders can build and sustain culture by focusing attention on mission, values and leadership development, and applying a growth mindset across their firms, says Scott Westfahl at Harvard Law.
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The Case That Showed Me The Value Of E-Discovery Plans
Robert Keeling at Sidley reflects on leading discovery in the litigation that followed the historic $85 billion AT&T-Time Warner merger and how the case highlighted the importance of having a strategic e-discovery plan in place.
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Opinion
CLE Accreditation Should Be Tied To Learning Outcomes
Given the substantial time and money lawyers put toward mandatory continuing legal education, CLE regulators and providers should be held to accreditation standards that assess learning outcomes, similar to those imposed on law schools and continuing medical education providers, says Rima Sirota at Georgetown Law.
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Why You Should Leverage AI For Privilege Review
While many lawyers still believe that a manual, document-by-document review is the best approach to privilege logging, certain artificial intelligence tools can bolster the traditional review process and make this aspect of electronic document review more efficient, more accurate and less costly, say Laura Riff and Michelle Six at Kirkland.
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Persuading The Court With Visual Aids In Written Argument
Robert Dubose at Alexander Dubose describes several categories of visuals attorneys can use to make written arguments easier to understand or more persuasive, and provides tips for lawyers unused to working with anything but text.
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BigLaw Vs. Mid-Law Summer Programs: The Pros And Cons
There are major differences between BigLaw and Mid-Law summer associate programs, and each approach can learn something from the other in terms of structure and scheduling, the on-the-job learning opportunities provided, and the social experiences offered, says Anna Tison at Brooks Pierce.
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Series
Ask A Mentor: How Do I Take Time Off?
David Kouba at Arnold & Porter discusses how attorneys can prioritize mental health leave and vacation despite work-related barriers to taking time off.
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Law Firms Must Prioritize Mental Health In Internal Comms
The traditional structure of law firms, with their compartmentalization into silos, is an inherent challenge to mental wellness, so partners and senior lawyers should take steps to construct and disseminate internal action plans and encourage open dialogue, says Elizabeth Ortega at ECO Strategic Communications.
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Our Current Approach To Trial Advocacy Training Is Lacking
The key to trial advocacy is persuasion, but current training programs focus almost entirely on technique, making it imperative that lawyers are taught to be effective storytellers and to connect with their audiences, says Chris Arledge at Ellis George.
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How Women In Law Can Advance Toward Leadership Roles
Female attorneys in leadership roles inspire other women to pursue similar opportunities in a male-dominated field, and for those who aspire to lead, prioritizing collaboration, inclusivity and integrity is key, says Kim Yelkin at Foley & Lardner.
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The Case That Took Me From Prosecutor To Defense Attorney
Former Assistant U.S. Attorney Moira Penza, now at Wilkinson Stekloff, recalls the challenges of her first case as a civil defense attorney — a multibillion-dollar multidistrict class action against Allergan — and the lessons she learned about building rapport in the courtroom and with co-counsel.