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Maron Marvel Bradley Anderson & Tardy LLC's new managing shareholder told Law360 Pulse this week that he is excited to serve in the post and help steer the firm's national growth.
Netflix Inc.'s David Hyman sold over $63 million worth of his company's stock in early February, surpassing the combined total for top lawyers at Live Nation Entertainment, Carlyle Group and Walmart Inc., who each earned between $8.1 million and $14.1 million in stock sales.
An attorney who is a victim of a crime perpetrated by a client or prospective client may disclose client information "to the extent reasonably necessary to report a crime," the American Bar Association's Standing Committee on Ethics and Professional Responsibility has found in its latest ethics opinion, released Wednesday.
Five of Delaware's most active corporate litigation plaintiffs' firms have branded pending legislation aimed at curbing stockholder suits as a "dangerous and radical" measure that attacks the state's courts and will put Delaware's nationally known incorporation franchise "at grave risk."
U.S. Magistrate Judge Christopher Burke uses innovative techniques to manage the glut of complex cases that come through Delaware's federal court.
A growing divide is emerging between lawyers who frequently use generative AI for legal tasks and those who engage in these tools more casually, Law360 Pulse's new survey has found.
More attorneys seem to be using generative AI tools and view it positively compared with last year, but lawyers are still concerned about legal ethics and client confidentiality when it comes to the technology, according to the latest survey from Law360 Pulse.
Large law firms are leading the pack in training their attorneys to use generative AI, eager to benefit from the technology and avoid associated risks like fake case citations in court filings.
Sports general counsel were a hot item in February, with the NBA players union, Texas Rangers and Seattle Mariners all naming new legal chiefs. So were goodbyes, as Bristol-Myers Squibb, AMC Entertainment Holdings Inc. and California berry producer Driscoll all saw longtime legal chiefs announce their retirements.
Paul Weiss Rifkind Wharton & Garrison LLP is requiring lawyers and business professionals to return to the office four days a week starting April 30, the firm confirmed Monday.
Holwell Shuster & Goldberg LLP and Kontnik Cohen LLC lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court held that cases dismissed voluntarily can later be eligible for special judicial relief and reopening, even if a statute of limitations would typically block the lawsuit.
The legal industry closed out February with another busy week as BigLaw expanded teams and practices. Test your legal news savvy here with Law360 Pulse's weekly quiz.
The Delaware Department of Justice is staring down what the state attorney general has called a vacancy "crisis" with the departures of numerous senior-level attorneys while the agency struggles to convince younger lawyers to go into public service rather than more lucrative jobs in private practice.
A fast-moving legislative push to curb some stockholder litigation and large class attorney fees in Delaware courts is getting more pushback, two weeks ahead of an initial state Senate hearing on the measure.
Building on a new report showing that leasing activity by the legal sector finally returned to prepandemic levels in 2024, a number of firms around the U.S. got in on the action as they announced new offices or relocations.
As she pursues a third term as Delaware's top law enforcement officer, state Attorney General Kathy Jennings said a top priority of hers if reelected would be protecting the "rule of law" against threats posed by the Trump administration.
Paul Weiss Rifkind Wharton & Garrison LLP reported high double-digit growth in 2024, with revenue increasing by more than 30% amid continued success on both sides of the Atlantic.
Fox Rothschild LLP has added an attorney to its Delaware office who spent more than a decade at commercial litigation boutique Abrams & Bayliss LLP to bolster its ability to handle cases in the Chancery and other courts.
During a period when many law firms experienced strong revenue and headcount growth, the industry's marketing budgets did not grow at the same pace, according to the results of a survey released Thursday.
Attorneys from Montgomery McCracken Walker & Rhoads LLP representing former FTX Trading executive Ryan Salame cannot yet withdraw as his counsel in an adversary case seeking the return of $99 million in company funds after a Delaware bankruptcy judge said Wednesday he needed more information about the firm's difficulties in communicating with their incarcerated client.
National law firm Ballard Spahr will roll out a custom suite of generative artificial intelligence tools, highlighted by Ask Ellis, a chatbot named after a co-founding attorney of the 140-year-old firm.
Early in the year is the best time to start to think about billable hour targets and strategies for how to meet them, according to partners and attorney career coaches. Here are four strategies those experts say will help associates hit a home run this year.
Delaware Senate Majority Leader Bryan Townsend cited the "urgency of the moment" Tuesday during an interview with Law360 on fast-tracking proposed amendments to the state's General Corporation Law, aimed at increasing protections from liability for directors, officers and controlling stockholders in an effort to stem a feared corporate exodus from The First State.
Kirkland & Ellis LLP surged back to the top of legal market intelligence provider Leopard Solutions' annual Law Firm Index released on Tuesday with a perfect score for the year, while last year's leader Latham & Watkins LLP slipped to fourth place.
Masimo Corp. is urging the Delaware Chancery Court to disqualify Hueston Hennigan LLP from representing its founder and former CEO in a lawsuit over his quest for a $450 million payout from the medical technology company, arguing the firm has a conflict of interest.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Opinion
Law Firms Stressing Work-Life Balance Are Missing The MarkLaw 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.
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.
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.
Gibson Dunn's Debra Yang shares the bumps in her journey to becoming the first female Asian American U.S. attorney, a state judge and a senior partner in BigLaw, and how other women can face their self-doubts and blaze their own trails to success amid systemic obstacles.
Law firms that are considering creating an in-house alternative legal service provider should focus not on recapturing revenue otherwise lost to outside vendors, but instead consider how a captive ALSP will better fulfill the needs of their clients and partners, say Beatrice Seravello and Brad Blickstein at Baretz & Brunelle.