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Delaware Pulse
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Oracle Stockholders Lose Bid For $5M 'Mootness' Fee
The Delaware Chancery Court has denied a $5 million attorney fee request by Oracle stockholders who lost a lawsuit that alleged the software giant overpaid for its $9.3 billion acquisition of Netsuite, rejecting the investors' contention that they deserve an award for prompting the company to appoint two new independent directors.
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Del. Justices Say Healthcare Co. Must Pay Ex-CEO's Fees
The Delaware Supreme Court affirmed a Chancery Court decision ordering a medical claims management company to pay the legal fees of its ex-CEO after he was found liable for breaching his fiduciary duties.
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Latham Overtakes Kirkland In Financial, Personnel Ranking
Latham & Watkins LLP topped legal market intelligence provider Leopard Solutions' 2023 Law Firm Index and maintained a perfect score for over half a year on the ranking, overtaking last year's top firm, Kirkland & Ellis LLP, which dropped to third.
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Deal In Renovation Row Should've Been In Writing, Attys Told
A Delaware Superior Court judge has offered a cautionary lesson to counsel representing a construction company that contended it had reached an enforceable agreement with a homeowner in a renovation dispute: You should have gotten the deal in writing.
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Morris Nichols Bolsters Bankruptcy Practice With 2 Attorneys
Delaware firm Morris Nichols Arsht & Tunnell LLP has added to its bankruptcy and restructuring practice two attorneys who previously worked at Polsinelli PC and Gibson Dunn & Crutcher LLP.
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GOP Sens. Probe 3rd Circ. Pick's Ties To Rutgers Program
Republicans on the Senate Judiciary Committee are looking into a Rutgers Law School program at the center of their objections to the president's nominee for the Third Circuit, who would be the first Muslim federal appeals court judge if confirmed.
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Pashman Stein Names 3 NJ Attys To Executive Committee
Pashman Stein Walder Hayden PC has tapped three attorneys from the bankruptcy, construction and litigation practice groups to move up to the firm's executive committee, effective the beginning of 2024.
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Legal Tech Companies Raise Pay To Attract BigLaw Attorneys
Legal technology companies have discovered their secret sauce for selling their software to lawyers: recruit other lawyers as sellers.
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Compensation, Work-Life Balance Keep Associates At Firms
Above all else, associates value compensation, work-life balance and career path opportunities when they're deciding whether to remain at their firms, according to a new study conducted by the NALP Foundation that was unveiled Tuesday.
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Attys Seek $750K Fee In Del. For $6M Med Tech Co. Deal
Proposed class attorneys who secured a $6 million settlement from medical device company AMDI Inc. after a purportedly underpriced and conflicted stock sale to an interest of Oracle founder Larry Ellison have asked Delaware's Chancery Court to approve $750,000 in attorney fees for their work.
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Saul Ewing Minn. Partner Named Transactional Dept. Chair
A former managing partner of Saul Ewing LLP's Minneapolis office will oversee more than 200 attorneys as the new chair of the Philadelphia-headquartered firm's transactional department.
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Greenberg Traurig Nabs Space Pro From Sherman & Howard
Greenberg Traurig LLP announced Monday that it has hired former U.S. Air Force director of space law and chair of Sherman & Howard LLC's aerospace practice group Milton "Skip" Smith to head its space and satellite industry group.
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ABA Passes Historic Law School Free Speech Proposal
The American Bar Association's policymaking body on Monday adopted a proposal to require ABA-approved law schools to have free speech policies, the first resolution of its kind, along with a slate of other new regulations.
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Cozen O'Connor Hires Wiley Atty As Gov't Contracts Lead
Cozen O'Connor has hired a more-than 25-year veteran of Wiley Rein LLP, who joins the firm to help co-chair its government contracts practice from its Washington, D.C., office, according to a Monday announcement.
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Rape Questions Could Be Next Focus Of Bar App Reforms
New Jersey will change its character and fitness questionnaire to ask less invasive questions of sexual assault survivors, after a Law360 inquiry about the form. With nearly every state asking would-be lawyers questions that could dredge up sexual traumas, some attorneys are calling for other states to follow New Jersey's lead.
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Musk Pay Ruling Highlights Missteps By Tesla GC, Board
When a Delaware chancellor rescinded Tesla CEO Elon Musk's $56 billion pay package last week, her opinion cited a "deeply flawed" compensation process, marred by apparent conflicts of interest, and led by a former general counsel so beholden to Musk that the lawyer cried during his testimony.
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Arbitration Experts Test Generative AI Tools Amid Skepticism
Generative artificial intelligence's rise has gradually progressed within the legal sector in the past year, extending its potential influence to arbitration and dispute resolution.
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3rd Circ. Won't Overturn Fireworks Control IP Decision
The Third Circuit has refused to overturn an earlier finding that lifted a preliminary injunction blocking Romanian company fireTEK from distributing a product that allegedly infringed a copyright on a U.S. rival's fireworks display communication protocol.
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McCarter & English To Face Revised Biotech Malpractice Suit
A New Jersey state judge on Friday permitted a biopharmaceutical company to amend its malpractice suit against McCarter & English LLP to add new claims and avenues to collect damages, finding the changes were "sufficiently pled" and would not be prejudicial to the firm.
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Law360 Legal Lions Of The Week
Bernstein Litowitz Berger & Grossmann LLP, Friedman Oster & Tejtel PLLC and Andrews & Springer LLC lead this week's edition of Law360 Legal Lions, as Delaware's chancellor struck down Elon Musk's proposed $55 billion Tesla pay package.
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6 Key Votes To Watch At The ABA Midyear Meeting
The American Bar Association's policymaking body is expected to consider 31 proposals at its semiannual meeting Monday, including a resolution urging all legal employers to continue diversifying their workforces.
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Small Firms Get Creative To Bridge Client Language Gaps
For small firms and solo practitioners, language gaps with clients can be costly, and can often pose complicated ethical questions about attorney-client privilege and confidentiality. Here’s how some around the country are dealing with the challenges.
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Voir Dire: Law360 Pulse's Weekly Quiz
BigLaw began February with a slew of appointments as the industry continued to respond to shifting trends in the legal landscape this week. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
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By The Numbers: How Chief Legal Officers See Their World
The chief legal officers at companies around the world seem to be losing a lot of sleep over privacy and cybersecurity issues, according to how the numbers add up in a survey released this week.
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Husch Blackwell's New Leaders Talk Firm Vision And Strategy
Husch Blackwell's incoming executive board chair Joe Glynias and new CEO Jamie Lawless talk with Law360 Pulse about their strategic visions and goals for the firm.