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The majority of law firms in a survey believe they are more or much more secure than their industry peers, despite "significant" security gaps across firms of all sizes, according to a report released Tuesday by Conversant Group and the International Legal Technology Association.
Groupon Inc. investors contend they're deserving of a $2.5 million attorney fee and expense award they seek in Delaware Chancery Court for what they call "substantial benefits" secured in a proposed litigation settlement, despite company claims the request is "unreasonable."
As several law firms have significantly increased their rates over the past year amid a slowing economy, the relative silence from corporate clients has been deafening.
Acknowledging that some arrangements were "not ideal," a Delaware vice chancellor nevertheless declined Monday to disqualify Selendy Gay Elsberg PLLC from representing a medical robotics developer and entrepreneur caught up in a multibillion-dollar post-acquisition dispute between Johnson & Johnson Inc. and Fortis Advisors.
A senior Federal Circuit judge sitting in Delaware federal court has refused to sanction the maker of the Impossible Burger for using private investigators to get information on a rival's products, as those investigators arranged by Wilson Sonsini Goodrich & Rosati PC did nothing to gain access to proprietary information.
New cases in Delaware's Chancery Court last week involved matters ranging from cannabis to pet care.
An attorney representing Peloton investors who have accused the company's top executives of making millions by trading on insider information about an impending treadmill recall has told the Delaware Chancery Court the investors are withdrawing their request to consolidate their derivative action with suits filed by other investors.
At the largest U.S. law firms, few tech-focused C-suite positions — like chief information officer, chief innovation officer and chief knowledge officer — are held by women, a Law360 Pulse analysis found.
As the legal industry grapples with the impending wave of baby-boomer lawyer retirements, many law firms are coming face to face with a challenge that has bedeviled the profession for years: succession planning.
Even as the wider economy saw more robust job growth in May, the legal sector continued to post scant employment increases, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.
Kelley Drye's work on multiple states' lawsuits over "forever chemicals" and Foley Hoag's work on a biotechnology deal lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from May 19 to June 2.
Skadden Arps Slate Meagher & Flom LLP announced that it has promoted 32 attorneys to counsel worldwide, including 23 at its offices in California, Delaware, Illinois, New York and Washington, D.C.
Gibson Dunn & Crutcher LLP leads this week's Law360 Legal Lions after the U.S. Supreme Court on Thursday limited the ability of shareholders to sue companies that go public via a direct listing.
In the world of legal business, the last week of May brought an acquisition for one law firm, the launch of a new cannabis practice group at another and a new European office for a third. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Reed Smith LLP on Thursday announced its new seven-member senior management team, which includes three longtime partners promoted to help lead the international firm in Houston, London and New York alongside the firm's first woman to serve as global managing partner.
How'd you like to bring on a new firm partner in the back half of their career with zero clients and an uncertain capacity for schmoozing up new business? For an increasing number of law firm leaders, the answer is "yes" — as long as the incoming lateral is fresh off the bench.
A Delaware federal judge who ordered attorneys for Backertop Licensing LLC to appear in court next week amid an ongoing fraud probe has tossed aside the patent enforcement business owner's concerns that her paralegal job prevents her from appearing in person.
Porzio Bromberg & Newman PC announced Tuesday the hire of a new chief marketing and business development officer with over 25 years of experience in the legal industry, most recently at Buchanan Ingersoll & Rooney PC.
Dilworth Paxson LLP, a law firm with offices in Philadelphia and states neighboring Pennsylvania, reached a deal to absorb New Jersey-based GluckWalrath LLP in an agreement that strengthens the larger firm's regional footprint and its expertise in municipal bonds and related work.
Bernstein Litowitz Berger & Grossmann LLP, Block & Leviton LLP and Heyman Enerio Gattuso & Hirzel LLP are asking the Delaware Chancery Court to award them roughly $27.6 million in connection with a proposed $87.5 million deal that would end a stockholder derivative challenge to the $55 billion Charter Communications-Time Warner Cable merger.
While keynote speakers at law school commencements encourage graduates to avoid the obvious path and do the unexpected, for now at least, top school credentials and BigLaw experience still matter to those looking to hire in-house lawyers.
The leader of a now-bankrupt California law firm accused of luring tens of thousands of clients into signing up for worthless credit repair services is a disbarred former Shook Hardy & Bacon LLP attorney residing in an Orange County mansion recently listed for sale at $15 million.
A Texas federal judge is being reasonable in requiring attorneys appearing before him to certify that they did not use generative artificial intelligence to write their briefs, or that they checked those filings if they did, judges and experts told Law360 Pulse on Wednesday.
Grant & Eisenhofer PA and Bernstein Litowitz Berger & Grossmann LLP will serve as co-lead counsel for stockholders in now-consolidated litigation in Delaware Chancery Court alleging that a special-purpose acquisition company's merger with space infrastructure company Momentus Inc. was unfair and damaging to public shareholders.
Two investors in youth treatment facilities operator Sequel Youth & Family Services LLC have sued the company in Delaware's Court of Chancery, seeking monetary damages for business changes that allegedly enriched the company's co-founder and controlling shareholder Altamont Capital Partners at the expense of non-voting unitholders.
There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.
Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.
Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.
Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.
To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.
Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.