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Delaware Pulse
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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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Morris Nichols Promotes Finance Director To CFO
Delaware firm Morris Nichols Arsht & Tunnell LLP has promoted its director of finance to serve as its chief financial officer to help steer its financial and strategic direction.
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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.
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Holland & Knight Matches BigLaw Bonuses In Major Markets
Holland & Knight LLP announced associates in major U.S. markets will receive year-end and special bonuses matching those given by other BigLaw firms, with attorneys working in regional offices making smaller figures, according to a report.
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Biden Honors Del. Jurist For Role In Brown V. Board Ruling
President Joe Biden issued a top civilian award, posthumously, to former Chancellor Collins J. Seitz of Delaware Chancery Court, father of the state's current chief justice, for his role in decisions woven into the U.S. Supreme Court's landmark 1954 Brown v. Board of Education ruling.
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Eckert Seamans Names First Chief Marketing Officer
Eckert Seamans Cherin & Mellott LLC announced on Thursday the appointment of Matthew T. Goffe, who joined the firm in 2022, to the role of chief marketing officer.
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The Top In-House Hires Of December
Legal department hires in the past month included high-profile appointments at Eaton Corp., Conde Nast, Constellation Energy Corp. and Turing. Here, Law360 Pulse looks at some of the top in-house announcements from the past few weeks.
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Chancery Recognizes Magistrate's Work With New Title
The Delaware Chancery Court's longest serving magistrate has been given a new title in recognition of her leadership and work handling administrative duties to help ensure the court's hectic caseload is managed.
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Rawle & Henderson Adds Atty In Del. From Zarwin Baum
Rawle & Henderson LLP has hired for its Delaware office an attorney who formerly worked at several other firms, including most recently at Zarwin Baum DeVito Kaplan Schaer Toddy PC, and who focuses his practice on liability, insurance coverage and other matters.
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Law Firm Real Estate Report
While for many the new year begins with resolutions to slim down, several firms across the U.S. have started 2025 either a little bit larger or with plans to get bigger.
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DLA Piper, More Boutiques Meet, Exceed Milbank Bonus Scale
Bonus news continued over the holiday week, with several law firms announcing they'll follow or exceed Milbank LLP's lead on 2024 associate bonuses, and others reversing their stance on special bonuses, according to memos shared with Law360 Pulse and media reports.
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After Busy 2024, Law Firms Eye More Mergers In Year Ahead
The popularity of U.S. law firm combinations surged in 2024, with announcements increasing by about a dozen year-over-year and approaching historic heights, according to data collected by Law360 Pulse, but law firm merger consultants say a robust pipeline of deal talks could mean a busier 2025.
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Chancery's Glasscock Slams Attacks On Judges As Exit Nears
As he prepared to end his lengthy tenure on the Delaware Chancery Court bench, Vice Chancellor Sam Glasscock III told Law360 Pulse recently it had been a joy to serve, while also expressing concern about an increasingly difficult environment judges have to navigate.
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Here's Where Mid-Law Leaders Will Be Focused In 2025
Mid-Law leaders entering 2025 say that they are optimistic about the new year but also focused on potential challenges, such as the rise of generative artificial intelligence tools, succession planning and ensuring that any growth they are experiencing is sustainable.
Expert Analysis
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How Your Summer Associate Events Can Convey Inclusivity
As law firms begin planning next year's summer associate events, they should carefully examine how choice of venue, activity, theme, attendees and formality can create feelings of exclusion for minority associates, and consider changing the status quo to create multiculturally inclusive events, says Sharon Jones at Jones Diversity.
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Series
Ask A Mentor: How Do I Negotiate Long-Term Flex Work?
Though the pandemic has shown the value of remote work, many firms are still reluctant to embrace flexible working arrangements when offices reopen, so attorneys should use several negotiating tactics to secure a long-term remote or hybrid work setup that also protects their potential for career advancement, says Elaine Spector at Harrity & Harrity.
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What I Wish Law Schools Taught Women About Legal Careers
Instead of spending an entire semester on 19th century hunting rights, I wish law schools would facilitate honest discussions about what it’s like to navigate life as an attorney, woman and mother, and offer lessons on business marketing that transcend golf outings and social mixers, says Daphne Delvaux at Gruenberg Law.
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4 Ways To Break Down Barriers For Women Of Color In Law
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Female lawyers belonging to minority groups continue to be paid less and promoted less than their male counterparts, so law firms and corporate legal departments must stop treating women as a monolithic group and create initiatives that address the unique barriers women of color face, say Daphne Turpin Forbes at Microsoft and Linda Chanow at the Institute for Inclusion in the Legal Profession.
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Opinion
We Need More Professional Diversity In The Federal Judiciary
With the current overrepresentation of former corporate lawyers on the federal bench, the Biden administration must prioritize professional diversity in judicial nominations and consider lawyers who have represented workers, consumers and patients, says Navan Ward, president of the American Association for Justice.
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Series
Ask A Mentor: How Do I Retire Without Creating Chaos?
Retired attorney Vernon Winters explains how lawyers can thoughtfully transition into retirement while protecting their firms’ interests and allaying clients' fears, with varying approaches that turn on the nature of one's practice, client relationships and law firm management.
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Why I Went From Litigator To Law Firm Diversity Officer
Narges Kakalia at Mintz recounts her journey from litigation partner to director of diversity, equity and inclusion at the firm, explaining how the challenges she faced as a female lawyer of color shaped her transition and why attorneys’ unique skill sets make them well suited for diversity leadership roles.
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For Asian American Lawyers, Good Mentorship Is Crucial
Navigating the legal world as an Asian American lawyer comes with unique challenges — from cultural stereotypes to a perceived lack of leadership skills — but finding good mentors and treating mentorship as a two-way street can help junior lawyers overcome some of the hurdles and excel, say attorneys at Paul Weiss.
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Coping With Secondary Trauma From Pro Bono Work
As the need for pro bono services continues to grow in tandem with the pandemic, attorneys should assess their mental well-being and look for symptoms of secondary traumatic stress, while law firms must carefully manage their public service programs and provide robust mental health services to employees, says William Silverman at Proskauer.
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How Firms Can Benefit From Creating Their Own ALSPs
As more law firms develop their own legal services centers to serve as both a source of flexible personnel and technological innovation, they can further enhance the effectiveness by fostering a consistent and cohesive team and allowing for experimentation with new technologies from an established baseline, say attorneys at Hogan Lovells.
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Modernizing Legal Education Through Hybrid JD Programs
Amid pandemic-era shifts in education, law schools and other stakeholders should consider the wide geographic and demographic reach of Juris Doctor programs with both online and in-person learning options, and educators should think through the various ways hybrid programs can be structured, says Stephen Burnett at All Campus.
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How BigLaw Can Mirror Small Firm Attorney Engagement
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BigLaw has the unique opportunity to hit refresh post-pandemic and enhance attorney satisfaction by adopting practices that smaller firms naturally employ — including work assignment policies that can provide junior attorneys steady professional development, says Michelle Genet Bernstein at Mark Migdal.
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Ditch The Annual Review To Boost Attorney Job Satisfaction
In order to attract and retain the rising millennial generation's star talent, law firms should break free of the annual review system and train lawyers of all seniority levels to solicit and share frequent and informal feedback, says Betsy Miller at Cohen Milstein.
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How Attorneys Can Narrow LGBTQ Gap In The Judiciary
Lawyers can take several steps to redress the lack of adequate LGBTQ representation on the bench and its devastating impact on litigants and counsel in the community, says Janice Grubin, co-chair of the Judiciary Committee at the LGBT Bar Association of Greater New York.
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Employers Must Heed Rising Attorney Stress And Alcohol Use
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Krill Strategies’ Patrick Krill, who co-authored a new study that revealed alarming levels of stress, hazardous drinking and associated gender disparities among practicing attorneys, highlights how legal employers can confront the underlying risk factors as both warnings and opportunities in the post-COVID-19 era.