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Delaware Pulse
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Spellbook CEO Aims For AI To Cut Junior Associate Drudgery
A legal technology company known for its artificial intelligence contract drafting and review software is releasing a new AI copilot on Thursday to help legal teams become more efficient.
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Commercial Contracts Cases Spike After COVID-Era Decline
Commercial contracts litigation increased in 2023 after hitting its lowest point in a decade in 2022 as a result of the COVID-19 pandemic, according to a new report out Thursday.
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3rd Circ. Rejects Ex-Engineering Co. GC's Benefits Suit
The Third Circuit refused Wednesday to revive a former general counsel for an engineering company's suit claiming he was stiffed on over $100,000 in retirement benefits, rejecting his argument that a $1 million payout he got from the company should have been factored into his benefits package.
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Are Big Mergers Worth It For BigLaw Firms Looking To Grow?
If a law firm adds 100 or more lawyers via a combination, you might expect that firm to see significantly higher headcount than before the merger five years after, but an analysis of data tracked by Law360 Pulse shows that, for many firms, the correlation between a big merger and big growth is not so clear.
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The 2024 Women In Law Report
For a decade, Law360 has been tracking gender equity at law firms as they continue working to close the gender gap. Our latest report shows where firms are succeeding and where they’re falling short on reaching gender parity.
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A Deep Dive Into Law360 Pulse's 2024 Women In Law Report
The legal industry continues to see incremental gains for female lawyers in private practice in the U.S., according to a Law360 Pulse analysis, with women now representing 40.6% of all attorneys and 51% of all associates.
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Representation In The Ranks: How Firms Are Faring
The Law360 Pulse Women in Law Report provides a data-driven view of U.S. law firms at the end of 2023. Here, we look at the representation of women at all levels of a typical law firm, from associates to equity partners.
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These Firms Have The Most Women In Equity Partnerships
The legal industry still has a long way to go before it can achieve gender parity at its upper levels. But these law firms are performing better than others in breaking the proverbial glass ceiling that prevents women from attaining leadership roles.
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The 2024 Women in Law Report: How Firms Stack Up
Female attorneys have reached a new high in their share of law firm equity partnerships, but firms' progress simply hasn't been significant enough to shatter the longstanding glass ceiling in the industry.
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All Signs Point Up For Law Firm Financials In First Half
After a couple of years of sluggish growth in work flowing into law firms, U.S. firms saw meaningful increases in demand, revenue and lawyer productivity during the first six months of 2024, according to the results of a midyear survey by Citi Global Wealth at Work.
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Steeped In Politics, Uber CLO In His Element Aiding Harris
It was no surprise when Uber Chief Legal Officer Tony West decided on the eve of the Democratic National Convention to take a leave of absence from his $10 million-a-year job to volunteer on the presidential campaign of his sister-in-law, Kamala Harris.
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It Takes Two, Baby: When Solo Attys Decide To Partner Up
They say that one is the loneliest number, but for solo practitioners, adding a partner or another lawyer to their practice can be daunting. Former solos told Law360 Pulse why doubling up was worth it in the end.
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Ballard Spahr Adds Biz Development Exec From Norton Rose
Ballard Spahr LLP expanded its leadership team this week with the addition of a business development expert who joined the firm after more than nine years with Norton Rose Fulbright, the firm said Monday.
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Careful Planning Can Help Small Firms Avoid Growing Pains
Some small firm founders hang their shingle with the intention of growing into a behemoth, and others wake up one day after a decade of steady growth to realize they've gone from a 10-attorney firm to one with 50. Either way, growth can be daunting.
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As Your Firm Grows, Do You Need A Paralegal Or Assistant?
Attorneys at large law firms often enjoy plenty of nonlawyer help: paralegals, marketing professionals, an accounting department and more. By contrast, small firm lawyers and solo practitioners often have to carefully consider if hiring a support staffer is worth it. Here's the story of how some small firm lawyers have made this decision.
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Law360's Legal Lions Of The Week
Shaw Keller LLP and Covington & Burling LLP lead this week's edition of Law360 Legal Lions, after a federal judge overturned a Delaware jury verdict that AstraZeneca owes $107.5 million for infringing two cancer drug patents owned by a Pfizer unit.
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BigLaw's Pause To Consider Bonuses Is Becoming New Norm
It's been more than a week since Milbank LLP first announced it was offering special bonuses this summer to its associates and counsel. And traditionally, BigLaw has been swift to follow a market leader like Milbank on pay.
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New President Wants To Make ABA Home Of Legal Profession
Thompson Coburn LLP partner William “Bill” Bay recently assumed the presidency of the American Bar Association at the organization's annual meeting in Chicago. Here, Bay spoke with Law360 Pulse about his plans to make the organization the home of the legal profession.
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Bar Associations Issue 'Call To Action' To Law Firms On DEI
Presidents from eight of the nation's largest bar associations are asking legal industry leaders to help defend diversity, equity and inclusion initiatives against attacks from segments of the country.
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Voir Dire: Law360 Pulse's Weekly Quiz
This was another action-packed week for the legal industry as BigLaw made big hires and Donald Trump's legal woes continued. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Chief Justices' Group Leader: No Need For 'Mad Dog' Attys
Utah Chief Justice Matthew B. Durrant, who was recently selected as president of the Conference of Chief Justices, joined Law360 Pulse for a wide-ranging discussion that touched on the biggest challenges facing chief justices and how attorneys should conduct themselves with decency.
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Law Firms Reimagine Recruitment Amid AI Talent War
Law firms are taking a nuanced approach to fill new artificial intelligence-centric roles, including "testing" experienced professionals as consultants and thinking about potentially having data scientists work remotely, a panel of experts said Thursday.
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Meet The Attys Representing Journey's Bickering Bandmates
Attorneys from Fox Rothschild LLP are representing Journey keyboardist Jonathan Cain in his Delaware Chancery Court battle with Neal Schon, the band's guitarist, represented by Seward & Kissel LLP and Prickett Jones & Elliott PA, over control of the band's operating entity.
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Del. Justices Affirm $266M Atty Fee Award In Dell Class Suit
Delaware's Supreme Court on Wednesday backed a Chancery Court decision awarding an almost record-breaking $266.7 million fee for stockholder attorneys who settled a class action against Dell Technologies Inc. for $1 billion, saying the Chancery "did not exceed its discretion in setting the fee percentage."
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How To Get Attys Excited — Not Scared — About Innovation
Food and beverage gatherings, demos during meetings and statements from passionate advocates are just some ways law firms are getting attorneys excited about new technologies, a panel of leaders said Tuesday.
Expert Analysis
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Opinion
Carney V. Adams Threatens Delaware's Balanced Judiciary
This week’s U.S. Supreme Court arguments in Carney v. Adams presented a strong challenge to Delaware’s bipartisan-judiciary requirement, but the tradition is critical to ensuring the state's courts remain free from partisan influence, says Rodney Smolla at the Widener University Delaware Law School.