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Richards Layton & Finger PA has formally launched a registered funds advisory group that advises investment funds about Delaware law matters and helps investment entities, funds and other clients navigate legal issues in what is a flourishing industry in the First State.
The Third Circuit affirmed on Wednesday that a petition filed under a foreign discovery statute targeting Burford Capital in a dispute relating to German antitrust litigation can't be sent to arbitration, saying the funder cited the wrong section of the Federal Arbitration Act.
A judge sitting for Delaware's Court of Chancery has sent to arbitration allegations from shareholders of a small biotechnology company acquired by Bristol-Myers Squibb that the pharmaceutical giant used trickery to avoid paying up to $450 million in milestone payments.
Employment for the class of 2024 reached near-record levels, but graduates from underrepresented backgrounds were less likely to secure attorney positions or judicial clerkships, according to newly released data from the National Association for Law Placement.
The New Jersey Supreme Court has agreed to a request from the Third Circuit to interpret whether the judicial privacy measure Daniel's Law requires a certain mental state in order to establish liability.
More than a third of major public companies in a study cite AI as a risk factor in their annual financial filings, and 73% report they are aligning with external cybersecurity standards. Both numbers are significantly higher than last year.
The law firm market has undergone unprecedented change in recent years, allowing for more upward mobility for some firms yet presenting risks for the longtime stalwarts of prestige. Here's how law firms navigate those shifting dynamics.
Check out our Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, attractiveness to attorneys and law students, ability to secure accolades and positive legal news media representation.
As BigLaw firms continue to post record-breaking revenues, we're highlighting the firms that reported more than $1 billion in gross revenue in the most recent calendar year.
Clients gravitate towards firms with sterling reputations, and so does exceptional legal talent. Here are this year's Law360 Pulse Prestige Leaders — the 100 firms the industry recognizes for their prominence, power and distinction.
While shifts this year in federal diversity, equity and inclusion guidelines may have changed the way corporate legal teams track and share demographic information — including for their external counsel — a panel of in-house attorneys who spoke Monday said their work on the issue continues.
Paul Weiss Rifkind Wharton & Garrison LLP, whose attorneys have represented the National Football League and FIFA, and have helped lead multibillion-dollar transactions on the acquisition of sports teams and businesses, has launched a formalized sports practice, the firm announced Monday.
This past week, the Delaware Chancery Court and Supreme Court handled a crowded corporate docket, weighing blockbuster merger appeals, shareholder settlement objections, fights over control involving an NBA franchise and a high-profile appeal from Elon Musk involving a massive payday from Tesla.
The federal court system has run out of money and will scale back operations beginning Monday as a result of the ongoing government shutdown, possibly leading to case delays.
Robinson & Cole's handling of a $146.5 million healthcare transaction and Munger Tolles' defense of OpenAI in a trade secrets suit lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Oct. 3 to 17.
Caldwell Cassady & Curry PC and Miller Fair Henry PLLC lead this week's edition of Law360 Legal Lions, after a Texas federal jury found Samsung must pay nearly $445.5 million for infringing four wireless communication patents.
This was another action-packed week for the legal industry as law firms expanded their operations and hired C-suite executives. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Lawyers for a homebuilder are asking Delaware's Supreme Court to reconsider its decision affirming the dismissal of a legal malpractice suit against Gellert Seitz Busenkell & Brown LLC over damages the builder said it suffered due to the firm's negligence handling loan-restructuring disputes, arguing that key issues have been left unresolved.
Lewis Brisbois Bisgaard & Smith LLP has added a partner in its Delaware office who most recently worked in-house at health and wellness company GOLO LLC and whose private practice experience includes a stint at Faegre Drinker Biddle & Reath LLP.
Attorneys who agree to work as neutral, third-party mediators must make it explicitly clear that they are not advising or holding privilege with participants, the American Bar Association has warned in its latest ethics opinion.
Alleging trial lawyer case aggregators at Slater Slater Schulman have "run amok" in the Boy Scouts sexual abuse case, a claimants group has moved for a bankruptcy court order terminating contingency fee legal service agreements with victims and a reduction in fees paid to the firm.
A Delaware Supreme Court justice on Wednesday pressed a Tesla Inc. stockholder class attorney on how founder Elon Musk — facing a Court of Chancery strike-down of his $56 billion, multiyear compensation plan — can be "put back to the status quo ante after six years of achieving what he was asked to achieve."
Six judges with significant experience overseeing pharmaceutical patent litigation in the districts of New Jersey and Delaware urged litigators on Tuesday to rely on the expertise of local counsel if they're hoping to impress the court.
A bidder in the sale of Citgo's parent company to satisfy billions of dollars of Venezuelan debt has asked to disqualify a Delaware federal judge from the forced judicial auction, saying it submitted the top bid of $7.9 billion but unfairly lost out to a competitor's lower bid.
Last week at the Delaware Chancery Court, Vice Chancellor Lori W. Will ruled that Carlos Vasallo remains the CEO of Caribevision TV Network LLC, finding that majority investors' attempt to remove him under a defective 2019 agreement was invalid for lack of proper notice.