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Delaware Pulse
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Law Firms Roll Back Summer Programs In Tight Legal Market
Law firms that can't find enough work for the deluge of prospective and newly minted attorneys already on their hands are tightening their pipelines for new talent this season, rolling back their summer associate positions for 2024, according to legal industry experts.
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The 2024 Summer Associates Survey
Summer associateships are more coveted than ever, with candidates landing comparatively fewer on-campus interviews amid a tightening legal market. Find out what's in store for this year's summers, as well as which firms topped their wish lists, in the latest survey from Law360 Pulse.
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What Are Summer Associates Saying?
Law360 Pulse asked prospective summer associates about how their top-choice firms distinguished themselves from their peers. Here are some of the ways.
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These Law Firms Are Where Summers Want To Work
Concerns and anxieties about future job prospects have continued to arise among law students as they find themselves facing reduced success in securing interviews for sought-after summer associateships this year, according to Law360 Pulse's 2024 Summer Associate Survey.
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Hunter Biden Found Guilty Of Federal Gun Charges
President Joe Biden's son Hunter Biden was found guilty of three felony gun charges by a federal jury in Wilmington, Delaware, on Tuesday.
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Prosecutors Tell Jury To Ignore Hunter Biden's 'Stories'
Jury deliberations in Hunter Biden's trial on felony gun charges will continue Tuesday at a federal courthouse in Wilmington, Delaware, after a five-day trial ended Monday afternoon with Biden's attorney imploring jurors to avoid "conjecture and suspicion" and prosecutors urging them not to fall for "fictional stories."
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Tesla Investors Gearing Up For Thursday Vote On Musk Pay
Among several hot issues coming up at Thursday's annual meeting of Tesla Inc., investors are preparing for possible confrontation over CEO Elon Musk's pay package.
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Tesla Rips 'Unprecedented' $5.6B Fee Bid In Musk Pay Fight
Tesla urged Delaware's Chancery Court on Friday to reject a $5.6 billion stock-based fee request by counsel representing investors who blocked Elon Musk's record Tesla pay package, arguing the "unprecedented" fee bid is unreasonable, unwarranted and 17 times larger than any fee award in Delaware history.
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Legal Job Market Keeps Momentum With May Gains
Following April's increases, the U.S. legal sector saw marginal job growth in May, with an increase of 400 jobs compared to the previous month, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.
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Law360 Pulse Spotlight On Mid-Law Work
Beveridge & Diamond PC's successful pursuit of a writ of certiorari at the U.S. Supreme Court in a Clean Water Act case and Farella Braun & Martel LLP's work on a cannabis company business loan lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from May 24 to June 7.
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Law360's Legal Lions Of The Week
Sonosky Chambers Sachse Endreson & Perry LLP, Jenner & Block LLP, Sidley Austin LLP and Hobbs Straus Dean & Walker LLP lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court held that the federal government is required to reimburse two Native American tribes millions of dollars in administrative healthcare costs.
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Del. Deputy AG With Felony Charge Barred From Law Practice
A deputy attorney general who has worked at the Delaware Department of Justice since 2010 and was barred from practicing law by the state's Supreme Court following his felony arrest has been given a notice of intent to terminate by the department, a DOJ representative told Law360 Pulse Friday.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry began June with another action-packed week as BigLaw firms expanded their offerings and made new hires. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Hallie Biden Tells Jury She 'Panicked' Finding Hunter's Gun
Hunter Biden's former sister-in-law and ex-girlfriend told a Delaware federal jury Thursday that she "panicked" when she found a gun and a box of bullets in his truck and threw the gun in a grocery store trash can because she was afraid he might hurt himself.
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Biote Investors Sue Cooley, SPAC After Huge Merger Loss
Family trust investors in Biote Corp. have sued Cooley LLP and the "hormone optimization" company's top brass over the $700 million merger Biote completed with a special purpose acquisition company, saying the deal was a "disastrous transaction to divert approximately $70 million of merger consideration to themselves and gain control of an enterprise they did not build."
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3rd Circ. Nominee Reports Over $9M Net Worth
Adeel Mangi, whose nomination for the Third Circuit has stalled in the Senate, reported a net worth of over $9 million in financial forms filled out last fall.
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How GCs Are Supporting GenAI At Their Companies
When it comes to generative artificial intelligence, general counsel Virginia Chavez Romano tries to stay away from saying, "No," outright to her business partners, and instead works with them to find a solution moving forward, she said during a panel discussion in New York City on Wednesday evening.
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Del. Opposes Ex-Paralegal's En Banc Call In Jobless Pay Fight
An attorney representing a Delaware agency has asked the state's Supreme Court to reject a former Morris James LLP paralegal's call to have the full court consider an appeal seeking to revive his bid to collect unemployment benefits after he agreed to leave the firm.
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McCarter & English Names New Practice And Office Leaders
McCarter & English LLP announced several leadership changes this week, with experienced partners stepping up to lead its environment and energy and tax and private clients groups and to help lead its Wilmington, Delaware, and Miami offices.
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Del. Governor Unveils Slate Of Judicial Moves & Nominations
Delaware Gov. John Carney this week announced he is nominating a sole practitioner to serve as Court of Common Pleas judge and another attorney to be a Family Court commissioner.
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Young Chinese Attys Face New Hurdles In BigLaw Job Chase
Law degrees from top U.S. universities were once prized by many Chinese students as tickets to secure jobs at major U.S. law firms. However, with these firms scaling back operations in China, aspiring lawyers face dwindling prospects and increased uncertainty about their futures.
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Hunter Biden's Ex-Wife, Ex-Lover Testify About His Drug Use
Hunter Biden's trial on felony gun charges continued in Delaware federal court on Wednesday with testimony from his ex-wife, a former girlfriend and the salesman at the shop where he bought the Colt Cobra revolver on Oct. 12, 2018.
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3rd Circ. Won't Put Trade Secrets Atty Fee Fight Before Jury
The Third Circuit on Wednesday backed a jury verdict in favor of two former employees that a power trading company claimed took trade secrets to start a new firm, but rejected one defendant's bid to have a jury determine whether he gets attorney fees for what he called "bad-faith" litigation.
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Brown Rudnick Partner's 50% Fee Hike Nixed In Ch. 11 Case
A Brown Rudnick LLP bankruptcy partner Wednesday had his 50% fee increase rejected by a Delaware judge, who took issue with the proposed hike to $1,500 an hour for representing the creditors' committee in Kidde-Fenwal Inc.'s Chapter 11 case.
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Ex-Skadden Atty, Credit Suisse Beat TransPerfect's Fraud Suit
A Delaware federal judge has tossed TransPerfect Holdings LLC's lawsuit alleging that misrepresentations by a now-retired Skadden Arps Slate Meagher & Flom LLP partner and Credit Suisse Securities (USA) LLC led it to pay too much for language translation company TransPerfect Global Inc., finding that claims are time-barred.