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Delaware Pulse
Morris Nichols Promotes Finance Director To CFO
Chancery Recognizes Magistrate's Work With New Title
Rawle & Henderson Adds Atty In Del. From Zarwin Baum
After Busy 2024, Law Firms Eye More Mergers In Year Ahead
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Pillsbury Wants Out Of Chancery Suit Against Auto Seller Biz
Pillsbury Winthrop Shaw Pittman LLP wants to escape or force arbitration of an aiding and abetting breach of fiduciary duty claim that was asserted in Delaware Chancery Court by a stockholder and former director of Quantum Automotive Intelligence Inc., saying a "broad arbitration provision" exists between the law firm and company.
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Why Law Firms Are Seeing 'Profit Leakage'
Even as many law firms see rising profitability, a number of factors are still negatively affecting their profit margins, including write-offs and discounts, according to a new report out Tuesday.
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Special Counsel Slams Biden's Critique Of Son's Prosecution
The special counsel who oversaw the investigation into Hunter Biden, which was wiped out by a presidential pardon, released a report published Monday criticizing President Joe Biden's "baseless accusations" that his son was "selectively" prosecuted and warning that such comments threaten "the integrity of the justice system as a whole."
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Law360 Pulse Spotlight On Mid-Law Work
Parker Poe's work on the sale of a majority stake in a $575 million real estate portfolio and Keker Van Nest's handling of a first-of-its-kind challenge under a new California gaming law lead this edition of Law360 Pulse's Spotlight on Mid-Law Work, recapping the top matters for Mid-Law firms from Jan. 1 to 10.
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US Legal Sector Sheds 1,200 Jobs In December
After three months of steady recovery, the U.S. legal sector's job growth reversed course in December, with a loss of 1,200 positions, according to preliminary data from the U.S. Bureau of Labor Statistics released Friday.
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Law360's Legal Lions Of The Week
Sive Paget & Riesel PC and Kaplan Martin LLP lead this week's edition of Law360 Legal Lions after the Third Circuit denied an emergency motion for an injunction to halt New York City's highly litigated congestion pricing toll program.
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Goodwin Procter Extends Bonus Season With Milbank Match
The 2024 bonus season has trickled into January, with Goodwin Procter LLP announcing it will give associates year-end and special bonuses matching those given by other BigLaw firms, Law360 Pulse confirmed Friday.
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White And Williams Taps Del. Leader As Litigation Head
White and Williams LLP has announced that its Delaware office leader has been named chair of its more than 50-attorney litigation department, succeeding an attorney who held the post for more than a decade.
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Are Law Firm Office Mandates Missing The Point?
Creating a workplace that fosters community, connection, collaboration and a clearly defined culture cannot be accomplished through office mandates alone, and, in fact, a lack of flexibility when it comes to remote work options could backfire on that goal, according to the author of a new book out this month.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry kicked off 2025 with another action-packed week as BigLaw firms inked mergers, made leadership changes and promoted associates. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Atty Survives Ex-Young Conaway Coworker's Assault Claim
A Pennsylvania federal judge said Thursday that a former Young Conaway Stargatt & Taylor LLP attorney's assault claim against a onetime colleague at the firm is unviable because substantial proof exists to show that the actions in question were done to defend another person.
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Womble Bond Names New Office, Practice Leaders
Womble Bond Dickinson has announced changes to its firm leadership, including new office managing partners in Atlanta, Delaware, Houston and New York, and a new leader of its bankruptcy, restructuring and creditors' rights team.
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Delaware Law Firms Kick Off New Year With Atty Promotions
As the new year gets underway, numerous Delaware law firms recently announced attorney promotions, including Bayard PA, Morris James LLP, Potter Anderson & Corroon LLP and Gordon Fournaris & Mammarella PA.
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Federal Judges Fear Slower Courts After 'Devastating' Veto
The president's veto of legislation that would have added dozens more federal judgeships has stunned and disappointed top jurists around the country, leaving them worried that the "devastating" move means backlogs on court dockets will continue to delay cases, hurt litigants and undermine confidence in the judicial system.
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Law Firm Leaders' Minds Are On Profitability, Growth, AI
Balancing profitability, growth and the implementation of generative artificial intelligence are the top challenges and priorities on the minds of law firm leaders going into 2025, according to the results of a recent survey by public relations firm Greentarget.
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Attys For Organizations May Need To Clarify Roles, ABA Says
Lawyers advising organizations through nonclient constituents may be obligated to clear up any confusion about their role that may cause the constituents to mistakenly think they can rely on the lawyer's advice to avoid criminal or civil liability, the American Bar Association said in a formal opinion Wednesday.
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Chancery Awards $176M Atty Fee In Tesla Board Pay Suit
Delaware's chancellor approved on Wednesday a $176.16 million Tesla stockholder class attorney fee award to three firms for a settlement of an excessive director compensation suit that is expected to return $734 million to the company through a combination of director stock, option and cash givebacks.
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Ballard Spahr, Lane Powell Leaders On Post-Merger Plans
Ballard Spahr LLP officially merged with Lane Powell PC on Jan. 1, marking its entry into the Pacific Northwest. Law360 Pulse spoke with Peter Michaud, chair of the combined firm, and Barbara Duffy, former Lane Powell president, about their leadership priorities, integration strategies and growth plans.
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Law Firm Sought To Collect Expired Debts, 3rd Circ. Told
A New Jersey woman has urged the Third Circuit to revive her proposed class action against Garden State law firm Cohn Lifland Pearlman Herrmann & Knopf LLP over its debt collection practices, arguing a lower court was too loose with its standard for the timeliness of the two lawsuits involved.
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Approach The Bench: Justice Goodwin Liu On Oral Argument
When Goodwin Liu became a California Supreme Court justice in 2011, the constitutional law professor found the intellectual demands of judging similar to academia, but was surprised to learn that "the art of judging is much more practical than people think."
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Here's How Paul Hastings' Big Bet On Finance Paid Off
As the financial markets swayed between booms and busts in recent years following the waning of the COVID-19 pandemic, Paul Hastings LLP stayed the course, doubling down on its transactional practices by recruiting top-tier talent across key global markets like New York and London, and rising hubs such as Texas.
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Troutman Pepper Locke Leaders Define A Successful Merger
What makes for a successful law firm merger? It's more than headcount and profits, according to two leaders of the newly minted Troutman Pepper Locke LLP law firm, which was formed Jan. 2 by the combination of major U.S.-based law firms Troutman Pepper and Locke Lord.
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German Burford Funding Fight Belongs In Del., Court Hears
A German entity is fighting litigation funder Burford's efforts to force it to arbitrate a dispute over an allegedly fraudulent arbitration pact contained in a funding agreement for antitrust litigation, telling a Delaware federal judge on Friday that the feud belongs before him.
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Which GCs Sold Stock In Dec.? Robinhood, Alphabet, More
Legal leaders at tech and fintech companies like Robinhood, Alphabet, Coinbase and Meta enriched their holidays as each sold more than $2 million worth of stock in December.
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Law Firms Ended 2024 With 'Drastic' Drop In Lateral Hiring
Large law firms engaged in more lateral hiring in 2024 than the year before, but a strong start to the year fizzled out with a substantial dip in hiring across all job categories in the fourth quarter, according to new information from legal data company Firm Prospects LLC.
Expert Analysis
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Talking Mental Health: Managing Emotions In Trauma Cases
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Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
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Strategies For Successful Law Firm Mergers In 2025
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.
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Making Legal Cents: Winning More Work In A Crowded Market
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
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Best Practices For Implementing Firm Revenue Cycle Roles
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.
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Tips For Constructing Your Small-Law Exit Strategy
By initiating planning and processes to evaluate personal retirement goals and firm value early, longtime solo practitioners and small-firm owners can unlock a range of possibilities and potential buyers, setting up for a profitable exit and a rewarding transition, says Brent Daub at Gilson Daub.
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Tips For Persuasive Briefs Beyond The Argument Section
When crafting an appellate brief, the focus for most lawyers is the argument section, but other sections also offer strategic opportunities to shape the court's perception of the case and favorably frame the issues, say attorneys at Frost Brown.
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Ask A Mentor: Is Secondment A Good Career Move?
Kate Driscoll at Morrison Foerster suggests six questions to help candidates evaluate whether a secondment will benefit their career.
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3 Trends Reshaping Chief Marketing Officer Appointments
Recent approaches to hiring chief marketing officers demonstrate how firms are reimagining their marketing and business development frameworks to stay competitive and responsive to evolving client needs, says Murray Coffey at M Coffey.
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Talking Mental Health: Working As A Mom Of An Autistic Son
Sarah Kovit Hanna at Assurant discusses how she balances the demands of her in-house role and the support needs of her son, who was diagnosed with autism, as a single mom, and reflects on how the legal industry can better support caretakers of family members who have special needs.
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Ask A Mentor: How Can I Maximize My Pro Bono Impact?
Debbie Berman at Jenner & Block offers advice on how attorneys can make a meaningful impact on their communities through pro bono work while enhancing their professional development through strengthened client-facing skills, hands-on experience and more.
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Opinion
Congress Can And Must Enact A Supreme Court Ethics Code
As public confidence in the U.S. Supreme Court dips to historic lows following reports raising conflict of interest concerns, Congress must exercise its constitutional power to enact a mandatory and enforceable code of ethics for the high court, says Muhammad Faridi, president of the New York City Bar Association.
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Series
My Nonpracticing Law Job: Law Firm Marketer
Liz Bard Lindley at Jaffe PR shares how she went from a family law associate who helped write industry articles to a savvy legal public relations and marketing professional, and offers takeaways for any attorney who might not feel at home in their law practice and is considering alternative career paths.
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The Case For Keeping The Gas On Deputy GC Compensation
In recent years, the deputy general counsel role has expanded and become increasingly vital in organizations across the globe, and companies should consider a few ways to retain this top talent, including by offering competitive compensation that reflects projected increases, says Heather Fine at Major Lindsey.
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Talking Mental Health: The View From Life After BigLaw
Life coach and author Wendy Tamis Robbins discusses why she left a career in BigLaw to work in the professional well-being space after finding freedom from anxiety, obsessive-compulsive disorder and substance use disorders, and highlights two changes the legal industry should implement to address attorneys' mental health.
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6 Essential Skills For Summer Associates To Land An Offer
Excerpt from Practical Guidance
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With full-time offer rates at the lowest point since 2012, summer associates must do all they can to distinguish themselves, starting with a few fundamentals — from the importance of asking clarifying questions to being honest about mistakes, says James Argionis at Cozen O'Connor.