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Delaware Pulse
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Which GCs Sold Stock In August? Netflix, Apple And More
Netflix Inc. chief legal officer David Hyman added to his income by selling more than $29 million worth of company stock in August, while Apple Inc. general counsel Katherine Adams sold over $20 million worth.
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Can K&L Gates Quadruple Its Revenue Again?
In the last two decades, K&L Gates LLP has quadrupled its annual gross revenue. Global strategic growth partner Craig Budner discusses growth strategy, as well as industry factors at play as the firm and its peers look to the future.
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Overheard At ILTACON: Law Firms Face AI Growing Pains
Law firms exploring artificial intelligence tools face growing hurdles in implementing those technologies effectively while dealing with pushback from clients, based on what I overheard at a recent legal technology conference.
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$15M Class Atty Fee Sought In Microsoft-Activision Suit
Attorneys for Sweden's state pension fund manager have proposed a $15 million attorney fee for their investigation and intervention in a suit seeking Delaware Court of Chancery fixes for defects in some terms of Activision Blizzard Inc.'s $68.7 billion acquisition by Microsoft Corp. last year.
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Lewis Brisbois Brings On COO From McGuireWoods
Lewis Brisbois Bisgaard & Smith LLP announced Tuesday that it has added a chief operating officer who previously filled the same role at McGuireWoods LLP.
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Founder Of Gibson Dunn Privacy Practice Joins McDermott
McDermott Will & Emery on Tuesday announced the firm added litigator Alexander Southwell, a former federal prosecutor who founded and co-led the privacy, cybersecurity and data innovation practice at Gibson Dunn & Crutcher LLP.
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How To Make Partner Working Remotely
Attorneys who work at home or outside law firm offices can position themselves for partnership by becoming indispensable to their colleagues, as well as leveraging new technology and flexible schedules to better serve clients.
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The Women Working To Lift Barriers For Military Spouse Attys
The American Bar Association's policymaking body earlier in August passed a resolution urging all state supreme courts and bar associations to accommodate the unique needs of military spouse attorneys who must move frequently to support the nation's defense. Here, Law360 Pulse talks to members of the group that helped push the issue to the forefront.
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Another Biz Owner Called To Appear In Judge's Patent Probe
U.S. District Judge Colm F. Connolly has ordered the owner of another business affiliated with patent litigation funding outfit IP Edge and its affiliate Mavexar to appear before him amid his probe into possible fraud he says may have been perpetrated on the Delaware federal court in certain infringement cases.
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More Took, Passed Multistate Bar Exam In July
An influx of law students in 2021 has led to an increased number of examinees taking and passing the multistate bar exam in July, according to an announcement this week from the National Conference of Bar Examiners.
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Are DEI Policies A Movement Or A Moment In Time?
Following the Supreme Court's summer 2023 ruling to strike down affirmative action in college admissions, experts warned corporate America about the wide-ranging implications that would likely take hold. Since then, several big-name brands have rolled back their diversity, equity and inclusion efforts, a list that Lowe's joined this week.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry closed out August with another action-packed week as firms hired new talent and disbarred attorney Tom Girardi was convicted by a California federal jury. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Law360's Legal Lions Of The Week
Epstein Becker Green PC and the Restaurant Law Center lead this week's edition of Law360 Legal Lions, after the Fifth Circuit struck down a U.S. Department of Labor rule on tipped wages, deeming it to go against the Fair Labor Standards Act.
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Law Firm Real Estate Report
Attorneys at a few major national and regional U.S. law firms find themselves in new surroundings this month after Norton Rose Fulbright, Venable LLP and Snell & Wilmer all completed long-planned relocation projects.
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Holland & Knight M&A Atty Wants You To Conquer Your Fears
Stephen J. Dietrich, a corporate partner at Holland & Knight in Denver, recently published a book on overcoming an abusive childhood. Here, Law360 Pulse talks to Dietrich about how his past struggles have shaped both his personal and professional life.
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Del.'s Richards Layton Starts Arbitration, Mediation Practice
Richards Layton & Finger PA has announced the launch of an arbitration and mediation practice to bolster its alternative dispute resolution services to better serve its clients.
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Citgo Auction Delayed Again, This Time Till November
A Delaware federal judge has adjourned until November a closely watched sales process for Citgo's parent company — an auction aimed at satisfying billions of dollars' worth of Venezuelan debt — in order to provide a court-appointed special master more time to vet a yet undisclosed bidder.
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A Winding Path: How Lawyers' Career Aspirations Shift
The road for many lawyers to their final career destination is winding. What a person thinks they want in law school may change once, twice or more in the following decades. Here, Law360 presents four stories about the winding path of lawyer career aspirations.
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3rd Circ. Axes Kavanaugh Classmate's HuffPo Defamation Suit
A lower court was right to nix a defamation lawsuit by a former classmate of U.S. Supreme Court Justice Brett Kavanaugh against The Huffington Post because the suit is time-barred no matter which state's law governs it, the Third Circuit ruled Tuesday.
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Fish & Richardson Adds Sterne Kessler GC In Top Legal Role
Fish & Richardson PC has hired the general counsel at Sterne Kessler Goldstein & Fox PLLC as its new chief legal risk officer, who is bringing her more than 15 years of experience with intellectual property law firm risk management and compliance to the firm.
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Stradley Ronon Brings On Marketing Pro From Morgan Lewis
Stradley Ronon Stevens & Young LLP has a new director of marketing and communications who previously served in similar roles at Morgan Lewis & Bockius LLP and at Gibson Dunn & Crutcher LLP.
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Gusrae Kaplan Says Suit Over 'Frivolous' Filing Rightly Tossed
Gusrae Kaplan Nusbaum PLLC is urging the Delaware Supreme Court to affirm the dismissal of an Applied Energetics complaint alleging the firm and a former partner filed a frivolous securities fraud suit in order to hobble other litigation against a former CEO, accusing the laser-weapons maker of making "fanciful" arguments in its appeal.
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Approach The Bench: Justice Earls On Speaking Out
North Carolina Supreme Court Justice Anita Earls still believes in the importance of informing the public about the judiciary, but these days she's a little more careful about what she says.
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Firm Wants Award Nixed Over DLA Piper, Arbitrator Ties
Fortis Advisors is urging a Delaware court to vacate an arbitral award favoring gaming company Stillfront following its 2019 purchase of a Canadian video game company, arguing that an accounting firm hired to adjudicate the dispute and Stillfront's counsel at DLA Piper hid a "web of relationships" between them.
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Law Firm Revenue Rose At 'Historic' Rate In 2024's First Half
U.S. law firm revenue was up 11.4% during the first half of 2024 compared to this time last year, marking one of the industry's best first halves in memory, second only to 2021, according to survey results released Monday by Wells Fargo Private Bank.
Expert Analysis
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Pro Bono Work Is Valuable In IP And Continued Learning
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
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Increasing Public Access To Legal Services: A Practical Plan
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
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Priorities For Improving The Legal Industry In Texas
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
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Leading Your Law Firm's Creation Of A New Practice Group
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
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Series
Ask A Mentor: How Do I Relay Shortcomings To Associates?
Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.
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10 Principles For Effective Partner Reward Systems
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
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Why Interdisciplinarity Is Key To Designing The Future Of Law
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
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Incorporating ADA Guidance Into Lawyer Wellness Movement
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
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Series
Ask A Mentor: How Can New Partners Generate Business?
Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.
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9 Writing Tips From The Justices' Opinions Last Term
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.
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What Web3 Means For Lawyers' Ethical Duties
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
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NY's Cybersecurity CLE Rule Is A Sign Of Changing Times
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
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Opinion
Law Firms Stressing Work-Life Balance Are Missing The Mark
Law firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.
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A Law Student's Guide To Thriving As A Summer Associate
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
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Burnout Prevention Requires Effort From Attys And Firms
To avoid physical and emotional exhaustion, attorneys must respect their own and their colleagues' personal and professional boundaries, but law firms must also play a role in discouraging burnout culture — especially if they are struggling with attorney retention, say attorneys at Lowenstein Sandler.