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Delaware Pulse
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Troutman Pepper, Locke Lord Eye Year-End Merger Closure
Merger talks between Troutman Pepper Hamilton Sanders LLP and Locke Lord LLP are progressing, with the deal on track for a late summer partner vote and a hoped-for year-end closure, according to sources close to the deal who spoke to Law360 Pulse on the condition of anonymity.
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Law360 Names 2024's Top Attorneys Under 40
Law360 is pleased to announce the Rising Stars of 2024, our list of 158 attorneys under 40 whose legal accomplishments belie their age.
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Firms See Stable Lateral Hiring, Corporate Rises In Q2
After a slower first quarter, lateral recruitment at law firms appeared to find more solid footing in the second quarter, with both associate and counsel hires showing signs of recovery from the previous quarter, according to recent data provided by legal data company Firm Prospects LLC.
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Paul Weiss Hopes To Stem Exits With New Partner Structure
Brad Karp, chairman of Paul Weiss Rifkind Wharton & Garrison, shared in a podcast published Thursday that the firm has followed a new two-track partnership compensation model as a means to combat retention issues plaguing similar firms.
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Law360 Pulse Spotlight On Mid-Law Work
Parsons Behle's work on a Salt Lake City renewable energy project and Schwabe Williamson's challenge to a federal mining permit lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from June 22 to July 12.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry had another action-packed week as attorneys took on new roles and law firms reshaped practices following the holiday. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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AI, Debt Keep Legal Tech Funding Afloat In 2024
Funding for legal technology companies totaled $2.422 billion in the first half of 2024, nearly matching the $2.443 billion in capital raised during the same period in 2023, a positive sign for the sector after years of declining investments.
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Inside The ABA Campaign To Count Lawyers With Disabilities
Robert Dinerstein, chair of the American Bar Association's Commission on Disability Rights, joined Law360 Pulse for an in-depth conversation about the organization's #BeCounted campaign
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Most Local Prosecutors Consider Leaving A Job They Love
Most district attorneys and the prosecutors in their offices take great pride in their work, but nearly 60% have recently considered leaving for better paying and less stressful jobs elsewhere, according to a new survey by the National District Attorneys Association that calls for "systemic changes" to stave off a potential exodus.
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In The Age Of AI, Attys Prepare To 'Live In The World Of Data'
The arrival of artificial intelligence in the legal profession means new use cases and obligations, but a few lawyers are still trying to trust this new technology, a panel of experts said Thursday.
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Del. Chancellor Brown Remembered For Legacy of Fairness
Grover C. Brown, a self-described "yokel from downstate" who was the top judge on Delaware's esteemed Chancery Court during the 1980s and died earlier this month at age 89, is being remembered as a giant in the First State's legal community who combined a sense of fairness with his "wry humor."
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Meet Del. Federal Court's Newest Magistrate Judge
The newest magistrate judge in Delaware's federal district court is a former law clerk to another judge in the courthouse, and also previously served as an intellectual property attorney at Morris Nichols Arsht & Tunnell LLP.
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Nike Wins Another Look At TM Atty Fees Ruling At 3rd Circ.
The Third Circuit on Wednesday undid a $5 million attorney fee award to a Pennsylvania clothing manufacturer that sued Nike Inc. for trademark infringement, ordering a federal trial court to look more closely at the specifics of the case to determine if the outcome was truly "exceptional."
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Margolis Edelstein Fights Bid To Revive Malpractice Suit
An attorney representing Margolis Edelstein told the Delaware Supreme Court on Wednesday that an insurer's malpractice suit against the law firm shouldn't be revived as the firm's purported negligence wasn't the reason the insurer settled an underlying dispute for $1.2 million.
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'Law Moms' Share Tales Of Juggling Family And Careers
From mental health and substance abuse to feelings of grief and guilt, a "Law Moms" book from eight attorneys offers candid accounts of balancing their roles as mothers and lawyers, with the hope that the stories will remind other women facing similar struggles that they’re not alone.
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Faegre Drinker Confirms Operational, Administrative Layoffs
A spokesperson for Faegre Drinker Biddle & Reath LLP confirmed to Law360 Pulse on Wednesday that the firm laid off "less than 5%" of its total operations and administrative staff earlier this year.
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Ex-Maryland Insurance Commissioner Rejoins DLA Piper
Former Maryland Insurance Commissioner Kathleen Birrane has rejoined DLA Piper to lead the firm's U.S. insurance regulatory practice.
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Hunter Biden Yanks New Trial Bid Feds Blasted As 'Laughable'
Hunter Biden yanked his bid for a new trial Tuesday that he argued was warranted based on the district court's purported lack of jurisdiction after a jury found him guilty of felony gun charges, retracting his motion and siding with Delaware federal prosecutors' reasoning after they slammed his arguments as "laughable."
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Small And Midsize Firms Plan To Invest In AI, Meritas Reports
A majority of responding small and midsize business law firms within the international legal network Meritas are planning to invest more in technology in the next five years, according to a survey published Tuesday.
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Chancery OKs $22M Golden Nugget Deal, Trims Fee To $4M
Former stockholders of Golden Nugget Online Gaming Inc. who challenged the venture's $1.56 billion all-stock sale in May 2022 to DraftKings Inc. got approval Tuesday to settle their Delaware Chancery Court class action for $22 million cash, with $4 million of it going to class attorneys.
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Richards Layton Promotes 6 Attorneys In Delaware
The Delaware-based Richards Layton & Finger PA recently announced that three attorneys were elected to serve as directors of the firm and three others were promoted to counsel.
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Class Attys Seek 24.4M Tesla Shares For Musk Pay Suit Win
A stockholder attorney whose team won an order voiding Tesla CEO Elon Musk's $56 billion, stock-based, 10-year compensation package in January urged Delaware's Court of Chancery on Monday to reject as "inherently wrong" the electric vehicle manufacturer's attacks on winning-side, stock-based attorney fee proposals ranging in value from $1.44 billion to more than $7 billion.
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Feds Slam Hunter Biden's 'Laughable' New Trial Bid
Prosecutors urged a Delaware federal judge Monday to reject Hunter Biden's request for a new trial based on the district court's purported lack of jurisdiction after a jury found him guilty of three felony gun charges last month, slamming Biden's jurisdictional arguments as "laughable" and erroneous.
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3 Things That Have Surprised Firm Leaders So Far In 2024
Law firm leaders approached 2024 with caution as economic and political uncertainties loomed large. Yet, the first half of the year still brought unanticipated developments, with artificial intelligence continuing its rapid proliferation and a competitive lateral hiring market among the surprises that unfolded.
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How Reshaped Circuit Courts Are Faring At The High Court
Seminal rulings from the U.S. Supreme Court's latest term will reshape many facets of American society in the coming years. Already, however, the rulings offer glimpses of how the justices view specific circuit courts, which have themselves been reshaped by an abundance of new judges.