Delaware Pulse


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    Firms Say Moving Has More Positive Impact Than Renovating

    Roughly 90% of law firms that recently relocated or renovated say the updated digs have been for the better regarding culture and "office energy," and such positive change has been most widely felt among firms that moved, according to a recent report from real estate brokerage firm Savills.

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    Meet Attys In Renewable Energy Co. Buyout Suit In Chancery

    Attorneys from Paul Weiss Rifkind Wharton & Garrison LLP are representing a renewable energy venture in its Delaware Chancery Court suit accusing a Repsol SA subsidiary represented by Morris Nichols Arsht & Tunnell LLP and Baker McKenzie of breaching an acquisition agreement.

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    GCs Becoming CLOs Can Add Another Voice On Biz Strategy

    There has been a recent flurry of general counsel seeing promotions to chief legal officers within their organizations across industries, as companies put the top legal leader — someone they want as a strategic business partner — at the same level as other members of the C-suite.

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    Why BigLaw Hasn't Embraced Milbank's Bonuses

    As the days grow shorter and the scent of pumpkin spice lattes fills the air, the glimmer of hope that BigLaw firms would follow Milbank LLP in awarding associates special summer bonuses has floated away on the breeze like autumn leaves.

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    Sullivan & Cromwell Didn't Ignore FTX 'Red Flags,' Report Says

    The Chapter 11 examiner appointed in the bankruptcy case of fallen cryptocurrency exchange FTX Trading determined Wednesday that debtor law firm Sullivan & Cromwell didn't ignore any "red flags" about FTX's misconduct related to a $500 million purchase of stock in financial service and digital trading platform Robinhood Markets Inc.

  • Judge Connolly Sticks By Fining Paralegal Patent Owner

    Delaware's top federal judge won't budge on ordering a Texas paralegal to pony up $53,000 for refusing to appear for months to answer questions about a patent litigation outfit that was registered to her name, after he grilled her lawyer over who he was representing at a hearing she did show up to last week. 

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    How To Pay Off $215K Of Law School Debt In 4 Years

    Cindy Zuniga-Sanchez, Dechert LLP’s new talent development manager, is also a self-taught expert on financial freedom. She is the author of a book that details how she was able to pay off $215,000 of law school and credit card debt six years early. Here, she gives away her key tips.

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    General Counsel Pay Has Spiked 25% Since 2019

    Total compensation for general counsel at a sample of the largest U.S. companies has increased by nearly 25%, or from $2.6 million in 2019 to $3.3 million in 2023, according to a report released Tuesday by data analyst Equilar Inc.

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    What Summer Associates Learned From Working At Firms

    We asked this year's cohort about the most valuable lessons they learned during their summer associateship. Here are some tips they have to pass on to the students who have yet to land a coveted spot or are ready to embark on a career in law.

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    What Law Firms Really Look For In Summer Associates

    More and more, law firms are bypassing the traditional schedule for on-campus interviews in their search for summer associates. Firm leaders who oversee recruiting for these programs spoke with Law360 Pulse about where they stand on timing and what law students can do to secure a summer placement that works best for their career.

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    The 2024 Summer Associates Survey: Part 2

    Law firms are back in swing with in-person summer associate programs, offering students a hands-on preview of a career in law. Find out what summers liked most about the experience and which firms topped their list of the best places to be, in the latest survey from Law360 Pulse.

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    These Firms Were The Top For Their Summer Associates

    BigLaw firms have again set the bar high with their summer associate programs this year, earning high praise from participants who cited the increased opportunities for courtroom experiences, pro bono work, and comprehensive mentorship and networking support.

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    Smartmatic Can't Seek Punitive Damages In Newsmax Suit

    A Delaware Superior Court judge on Monday ruled that Smartmatic USA Corp. can't seek punitive damages in the defamation trial over unsubstantiated claims from Newsmax Media Inc. that the company's voting systems rigged the 2020 election, saying Smartmatic couldn't meet its burden to prove express malice.

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    Law Firm Rates Rise In 2023, But Mixed Outlook Ahead

    Corporate legal departments continue to face rising hourly rates from law firms, but rate changes have varied across industries, and the first four months of 2024 present a snapshot of these varying average rate increases, according to a recent report from Wolters Kluwer's ELM Solutions.

  • Davis Polk Vows Ex-Clerk Won't Touch Crypto Merger Suit

    Local counsel for Galaxy Digital Holdings Inc. has told a Delaware vice chancellor that Davis Polk & Wardwell LLP will ensure that an incoming associate who clerked for the state's Supreme Court won't share information with attorneys defending the digital assets company in a merger suit that the state's highest court revived in May.

  • Voir Dire: Law360 Pulse's Weekly Quiz

    The legal industry marked the end of summer with another action-packed week as BigLaw snagged new talent and lawmakers sought an increase in federal judgeships. Test your legal news savvy here with Law360 Pulse's weekly quiz.

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    Legal Industry Split On Regulating AI's Use In Profession

    Nearly half of the participants in a survey examining the impact of artificial intelligence said they support regulation around the technology's use in the legal profession, according to a recently released report from the International Bar Association and the Center for AI and Digital Policy.

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    Chevron's Demise May Not Bring Deluge Courts Had Feared

    Though the death of Chevron deference has opened a door to attacking administrative decisions, the expected uptick in litigation probably won't threaten to clog federal courts, numerous administrative law experts told Law360.

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    Colleagues Remember 'Fiercely Loyal' Venable Leader Gesner

    Colleagues at Venable LLP are remembering co-managing partner Larry Gesner as a focused problem solver who was fiercely loyal and quietly helped others.

  • Law360's Legal Lions Of The Week

    Covington & Burling LLP and Pisanelli Bice PLLC lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court rejected the Nevada Green Party's request to have Jill Stein's name reinstated on the state's presidential ballot Friday.

  • New NJ Senator Seeks Postelection Vote On 3rd Circ. Nominee

    New Jersey's new U.S. senator, freshly sworn-in Democrat George Helmy, hopes the Senate will vote after the election on the long-stalled nomination of Adeel Mangi to the Third Circuit, which includes his state.

  • Delaware Powerhouse: Bernstein Litowitz

    Bernstein Litowitz Berger & Grossmann LLP continues to build a reputation for success in Delaware's Chancery Court, with bona fides that include serving as lead trial counsel in a shareholder action that led to Elon Musk's massive compensation plan at Tesla being rescinded, landing the firm on Law360's 2024 list of Delaware Powerhouses.

  • Benesch Adds Chief Information Officer From Ice Miller

    Benesch Friedlander Coplan & Aronoff LLP has found its chief information officer in a veteran technology executive who most recently worked at Ice Miller LLP.

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    Potter Anderson Renews Lease For Its Del. Headquarters

    Delaware firm Potter Anderson & Corroon LLP has announced that it has extended the lease for its Wilmington headquarters for 13 years to 2041, and also plans to modernize the space in time for the firm's 200th anniversary in 2026.

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    Law Firm Bottom Lines Likely To Benefit From Fed Rate Cuts

    Average U.S. law firm revenue rose at a historic clip during the first half of 2024, but law firm financial experts are predicting a further influx of business for midsize and large firms primarily as a result of increased transactional activity following Wednesday's interest rate cut by the Federal Reserve.

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