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Delaware Pulse
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Law Firm Real Estate Report
"Reduce" is the buzzword for May, as law firms Lathrop GPM LLP, Winstead PC, Sullivan & Worcester LLP and Gordon Rees Scully Mansukhani LLP shaved some square footage off their office footprints in Texas, New York and California, respectively.
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Meet The Attys In Margolis Edelstein Malpractice Fight
Counsel representing Margolis Edelstein and an insurer that has accused the firm of malpractice are gearing up for a July oral argument so the Delaware Supreme Court can decide if the firm can escape the suit.
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More Law Firms Are Relocating, Signing New Leases In 2024
More law firms have relocated or renewed their office leases in the first quarter of 2024 than during the same period over the last four years, continuing a post-pandemic trend that began late last year as more firms made moves, according to a recent report by real-estate services company Savills.
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Chancery Pins Down Musk, Tesla On Pay Bid, Del. Jurisdiction
Delaware's chancellor has nailed Elon Musk, Tesla Inc. and their counsel to assurances that the company won't flee state corporate law jurisdiction and a potentially massive stockholder attorney fee dispute by rushing votes on a struck-down, $56 billion compensation plan for Musk and proposed reincorporation in Texas.
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Once A Standard, US News Rankings Now 'Entirely Irrelevant'
Once "the bellwether of the legal academy," the annual law school rankings published by U.S. News & World Report don't matter to today's prospective law students, a pair of law professors say in a new study.
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Efforts To Improve Diversity On State High Courts Stagnating
A lack of publicly available data is hampering efforts to make state Supreme Courts more representative of the populations they serve and diversity pushes appear to have stalled out, according to a recent report.
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4 Ways Young Attys Can Balance Pro Bono And Billable Hours
Pro Bono work is an ideal way for young associates to learn new skills while helping others. Here, Law360 Pulse asks experts the best practices on how lawyers can commit to meaningful volunteer work while keeping up with their regular responsibilities.
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Feds Push Back At Hunter Biden's 2nd Bid To Ditch Gun Case
Special counsel for the government urged the Third Circuit to deny Hunter Biden's second attempt to appeal a Delaware federal judge's refusal to dismiss his felony firearm charges, stating Biden's interpretation of guiding precedent would "swallow the final judgment rule whole."
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Law Firms Split On Tech Offerings For Business Dissolution
While some law firms refer clients to new tools that help founders wind down their companies, other law firms remain steadfast in their traditional approach to handling business dissolution services.
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Approach The Bench: Judge Humetewa Talks Tribal Relations
Before she joined the federal bench in Arizona, Judge Diane Humetewa worked as a jurist on a relatively young court, where she regularly set new legal precedent.
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Sullivan & Cromwell Cleared Of Any Misconduct In FTX Report
The Chapter 11 examiner appointed in the bankruptcy case of fallen cryptocurrency exchange FTX Trading absolved debtor law firm Sullivan & Cromwell of any conflicts or misconduct related to the business's collapse and restructuring, recommending limited further investigations into discrete matters.
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Law360 Pulse Spotlight On Mid-Law Work
Berger Montague's work on a suit over fallout from a $1.8 billion SPAC transaction and Benesch's representation of a North American joint venture with ABB lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from May 10 to 24.
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Law360's Legal Lions Of The Week
It was a week of mammoth wins for petite law firms, with two intellectual property boutiques — Lex Lumina PLLC and Irwin IP LLP — leading off this week's Law360 Legal Lions list with an explosive win at the Federal Circuit throwing out "rigid" tests for design patents.
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Voir Dire: Law360 Pulse's Weekly Quiz
The upcoming holiday weekend didn't stop the legal industry from making this another action-packed week as BigLaw expanded and adjusted practices. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Buchanan Ingersoll Taps Exec Shareholders After CEO Switch
Buchanan Ingersoll & Rooney PC announced Thursday that it has named two attorneys as executive shareholders and selected its board of directors, after a new CEO and chairman took the reins of the firm earlier this month.
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By The Numbers: Cos. Still Emphasize BigLaw Experience
Experience working at a Top 50 Am Law firm continues to have a more significant impact on in-house lawyers' compensation than experience at a boutique or even within the second top 50. But that's just one factor that plays a role. Here, Law360 Pulse looks at how compensation differs by corporate lawyers' previous employers and their practice areas.
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Mid-Law Heads Focus On Fundamentals Amid BigLaw Raiding
With several Mid-Law firms losing large groups of attorneys to BigLaw in 2024, firm leaders say they are focused on growth, maintaining their culture and implementing their strategic plans, rather than fixating on BigLaw's potential efforts to recruit their talent.
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Cahill Gordon's Delaware Leader Talks Firm's First State Plans
Gregory Strong recently joined Cahill Gordon & Reindel LLP to open its new office in Delaware and assist with the rebranding of the firm’s digital assets and emerging technology practice. Here, Strong tells Law360 Pulse about the office’s launch, plans for it moving forward, and cryptocurrency issues he's watching.
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Meet The Attys In Biotech Co. Gamida's Ch. 11 And Ch. 15
A team of attorneys from Blank Rome LLP is representing biotech company Gamida Cell Inc. in its Delaware Chapter 11 bankruptcy and its Israeli parent company in its Chapter 15 insolvency recognition proceedings.
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'Live Like A First-Year': Recruiter Tips For Going In-House
For associates at large law firms, a change in both frame of mind and lifestyle is essential in order to make a successful transition to a career in-house at a corporation, according to legal recruiters.
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How Different Legal Professionals Are Approaching Gen AI
More senior lawyers ask different and deeper questions about artificial intelligence technology — particularly around security and data protection — not only for their need to stay relevant and gain additional skills, but also because of their breadth of experience and years of being risk-averse, according to a legal industry panelist who spoke during a webinar Tuesday.
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Small Law Firms Plan To Adopt AI Faster Than Larger Firms
Solo and small law firms plan to adopt uses of artificial intelligence technology more quickly than larger firms in the next six months, and prospective clients are even more eager for AI, according to a new report by law practice management software company Clio.
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Is The Sky The Limit For BigLaw Billing Rates?
Data continues to pile up demonstrating large law firms' success in raising their billing rates at a historic pace while also continuing to command ever-larger portions of in-house legal departments' spending, which seems to point to a seemingly unfettered ability to raise rates.
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Strategic Hiring Was The New Normal For BigLaw In 2023
The 400 largest law firms by headcount in the U.S. grew more slowly in 2023 than in the previous two years, while Kirkland & Ellis LLP surpassed the 3,000-attorney threshold, according to the latest Law360 ranking.
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The Law360 400: Tracking The Largest US Law Firms
The legal market expanded more tentatively in 2023 than in previous years amid a slowdown in demand for legal services, especially in transactions, an area that has been sluggish but is expected to quicken in the near future.