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Delaware Pulse
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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.
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'Live Like A First-Year': Recruiter Tips For Going In-House
For associates at large law firms, a change in both frame of mind and lifestyle is essential in order to make a successful transition to a career in-house at a corporation, according to legal recruiters.
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How Different Legal Professionals Are Approaching Gen AI
More senior lawyers ask different and deeper questions about artificial intelligence technology — particularly around security and data protection — not only for their need to stay relevant and gain additional skills, but also because of their breadth of experience and years of being risk-averse, according to a legal industry panelist who spoke during a webinar Tuesday.
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Small Law Firms Plan To Adopt AI Faster Than Larger Firms
Solo and small law firms plan to adopt uses of artificial intelligence technology more quickly than larger firms in the next six months, and prospective clients are even more eager for AI, according to a new report by law practice management software company Clio.
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Law360 Names Attys Who Moved Up The Firm Ranks In Q1
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 last year.
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Is The Sky The Limit For BigLaw Billing Rates?
Data continues to pile up demonstrating large law firms' success in raising their billing rates at a historic pace while also continuing to command ever-larger portions of in-house legal departments' spending, which seems to point to a seemingly unfettered ability to raise rates.
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Strategic Hiring Was The New Normal For BigLaw In 2023
The 400 largest law firms by headcount in the U.S. grew more slowly in 2023 than in the previous two years, while Kirkland & Ellis LLP surpassed the 3,000-attorney threshold, according to the latest Law360 ranking.
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The Law360 400: Tracking The Largest US Law Firms
The legal market expanded more tentatively in 2023 than in previous years amid a slowdown in demand for legal services, especially in transactions, an area that has been sluggish but is expected to quicken in the near future.
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ABA's Education Section Endorses Alternative Atty Licensing
The American Bar Association's national accrediting arm for law degree programs announced during a council meeting Friday the adoption of a report that effectively recognizes alternative methods of attorney licensing outside the bar exam.
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Courts' 'Wait And See' On Deepfake Rule Gets Mixed Reviews
A new evidentiary rule for dealing with artificial intelligence-generated deepfakes is unnecessary right now, according to a federal judiciary committee, but the courts' "wait and see" approach may be too cautious, some experts told Law360 Monday.
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Dozens Of Pro Bono Attys Back 3rd Circ. Nominee Mangi
Forty-nine pro bono partners, counsel and chairs from major law firms and organizations wrote to Senate leadership on Friday with concerns that the staunch opposition against Third Circuit nominee Adeel Mangi over his pro bono work will have a chilling effect on future attorneys seeking judgeships, according to a letter shared with Law360.
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Lewis Brisbois Taps Attys To Help Lead Asbestos Litigation
Lewis Brisbois Bisgaard & Smith LLP named two new vice chairs of its asbestos litigation practice group this week, looking to experienced litigators from its Philadelphia and Atlanta offices to fill the roles.
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Gen Z Women Are Shunning BigLaw Partnership. Here's Why.
A recent survey of Generation Z lawyers at large law firms found that significantly more men than women say their ultimate career goal is to make partner, while far more women than men say their goal is to transition in-house.
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Law360's Legal Lions Of The Week
Haynes and Boone LLP and Lubin & Enoch PC lead this week's edition of Law360's Legal Lions, after the U.S. Supreme Court unanimously determined that federal courts do not have discretion to toss a case once it's decided that the claims belong in arbitration.
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Stevens & Lee Adds Cannabis Co-Chair From Pashman Stein
Stevens & Lee PC has hired a new co-chair for its cannabis law team from New Jersey-based Pashman Stein Walder Hayden PC, explaining that it opted for an expert in the growing field who brings a diverse practice background that also includes experience with white collar defense and complex commercial litigation.
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Voir Dire: Law360 Pulse's Weekly Quiz
The middle of May marked another action-packed week for the legal industry as former President Donald Trump's hush money trial continued and BigLaw firms expanded their reach in the U.S. and abroad. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Efforts To Make Del. Legal Community More Inclusive Roll On
As Delaware continues to implement changes aimed at increasing the diversity of its bench and bar, a nonprofit that seeks to create a better pipeline so more young people can pursue legal careers has been a key part of those efforts.
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Patient Software Biz's GC Gets Comp Bump To $3M
The general counsel for patient intake software company Phreesia Inc. received about $3 million in total compensation for the fiscal year that ended Jan. 31, up from about $2.8 million a year earlier, according to a public filing.
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Deepfake Rule Proposals Navigate 'Perfect Evidentiary Storm'
As federal judiciary officials explore how to handle evidence faked by artificial intelligence, attorneys are divided over the need to change evidence rules, with some worried that current rules are not up to the challenges posed by deepfakes, and others fearful that altering them might do more harm than good.
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From 'Deadhead' To Womble Bond's Next Chair And CEO-Elect
Merrick Benn, a global finance partner at Womble Bond Dickinson and a member of the firm's global board, is preparing to take over as U.S. chair and CEO. Here, Benn talks to Law360 Pulse about his goals for the new position and how the Grateful Dead influenced his career trajectory.
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Del. Justices Ask: Do Attys Get Thinner Slice Of $1B Dell Pie?
A near record-breaking $266.7 million fee for stockholder attorneys who settled a Chancery Court class action against Dell Technologies Inc. for $1 billion had Delaware's Supreme Court raising questions Wednesday about how the state traditionally calculates attorney fee awards in large class action settlements.
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Womble Bond Names 'Fearless Leader' As Chair, CEO-Elect
Womble Bond Dickinson announced Wednesday that global finance partner Merrick Benn has been elected U.S. chair and CEO, for a three-year term effective Jan. 1.
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Tesla Fires Back At Claims It Bullied Retired Law Professor
Tesla has pushed back against allegations that it tried to bully a retired law professor out of weighing in on an investor suit over CEO Elon Musk's $56 billion compensation plan, according to new filings in Delaware.
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Reed Smith Launches Emerging Technologies Practice
Reed Smith LLP announced the launch of a practice group focused on helping clients with the legal complexities posed by emerging technologies such as artificial intelligence and fintech.
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Cahill Gordon Adds Crypto Attys, Launches Delaware Office
Cahill Gordon & Reindel LLP announced Wednesday that it has added three attorneys to its rebranded digital assets and emerging technology practice, including a former Delaware deputy attorney general who will lead its newly launched office in the state.
Expert Analysis
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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.
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The Importance Of Legal Macroeconomics Education For Attys
Most legal professionals lack understanding of the macroeconomic trends unique to the legal industry, like the rising cost of law school and legal services, which contributes to an unfair and inaccessible justice system, so law school courses and continuing legal education requirements in this area are essential, says Bob Glaves at the Chicago Bar Foundation.
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What ABA Student Well-Being Standards Mean For Law Firms
While the American Bar Association's recent amendments to its law school accreditation standards around student well-being could have gone further, legal industry employers have much to learn from the ABA's move and the well-being movement that continues to gain traction in law schools, says David Jaffe at the American University Washington College of Law.
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Series
Ask A Mentor: How Do I Build Rapport In New In-House Role?
Tim Parilla at LinkSquares explains how new in-house lawyers can start developing relationships with colleagues both within and outside their legal departments in order to expand their networks, build their brands and carve their paths to leadership positions.
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What Attys Should Consider Before Taking On Pro Bono Work
Excerpt from Practical Guidance
Piper Hoffman and Will Lowrey at Animal Outlook lay out suggestions for attorneys to maximize the value of their pro bono efforts, from crafting engagement letters to balancing workloads — and they explain how these principles can foster a more rewarding engagement for both lawyers and nonprofits.
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7 Ways Attys Can Improve Their LinkedIn Summaries
Lawyers can use LinkedIn to strengthen their thought leadership position, generate new business, explore career opportunities, and better position themselves and their firms in search results by writing a well-composed, optimized summary that demonstrates their knowledge and experience, says Guy Alvarez at Good2bSocial.
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How Law Firms And Attys Can Combat Imposter Syndrome
Imposter syndrome is rampant in the legal profession, especially among lawyers from underrepresented backgrounds, leading to missed opportunities and mental health issues — but firms can provide support in numerous ways, and attorneys can use therapeutic strategies to quiet their inner critic, says Helen Pamely at Rosling King.
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The Law Firm Qualities Partners Seek In Lateral Moves
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In 2022, partners considering lateral moves have new priorities, and firms that hope to recruit top talent will need to communicate their strategy for growth, engage on hot issues like origination credit and diversity initiatives, and tailor their integration plans toward expanding partners’ client base, says Gloria Sandrino at Lateral Link.
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Small Steps Can Help Employers Beat Attorney Burnout
Lawyers are experiencing burnout on a massive, unprecedented scale due to the pandemic, but law firms and institutional players can and should make a difference by focusing on small, practical solutions that protect their attorneys’ most precious personal resource and professional commodity — time, says Chad Sarchio, president of the District of Columbia Bar.
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The Evolving Role Of The Law Firm Legal Secretary
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Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.
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Series
Ask A Mentor: How Can I Ace My Upcoming Annual Review?.jpg)
Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.