Delaware Pulse

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    Morris James' New M&A Partner On Leading Group's Launch

    Vincent J. Cannizzaro III recently left Skadden Arps Slate Meagher & Flom LLP to help launch Delaware firm Morris James LLP's new mergers and acquisitions practice. Here, Cannizzaro tells Law360 Pulse how he’ll lead the group, the keys to being a successful M&A lawyer and some trends he’s keeping an eye on.

  • DuPont's General Counsel Earned $2.5M In 2023

    DuPont de Nemours Inc.'s senior vice president and general counsel Erik T. Hoover received roughly $2.5 million in total compensation for 2023, down about $300,000 from the prior year, a public filing says.

  • 3rd Circ. Won't Revive White And Williams Malpractice Suit

    The Third Circuit on Wednesday declined to revive a $30 million legal malpractice suit brought by a home improvement product manufacturer against White and Williams LLP, finding the claim should have been brought in an earlier action between the parties.

  • Class Attys Seek Big Payday For $100M Pattern Energy Deal

    Class attorneys are urging the Delaware Chancery Court to approve a $100 million settlement to end state and federal court litigation over Pattern Energy Group Inc.'s $6.1 billion go-private sale in 2020 and award them $26 million in fees for a deal they say is the largest of its kind in the Chancery's history.

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    Associate Hiring And Attrition Fell In '23 For 2nd Straight Year

    Law firms' hiring of new associates and the rate at which associates moved on both declined in 2023 for the second consecutive year, while more female associates were hired than male, according to a study released Wednesday.

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    30 Law Firms Lead On Client Service Amid Wider Decline

    When interviewed about client service, corporate legal decision-makers praised a select few law firms, even as the overall satisfaction of corporate clients has fallen in recent years, according to a report released Wednesday by BTI Consulting Group.

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    BigLaw Real Estate Varies Widely On Gender Diversity

    In March, Women's History Month, Law360 looked at gender diversity among the real estate groups at 20 large law firms and found that those firms vary widely on that point.

  • Quinn Emanuel, Davidoff Hutcher Sued Over Mansion Sale

    The trustee for a bankrupt entity once owned by HFZ Capital Group has sued Quinn Emanuel Urquhart & Sullivan LLP and Davidoff Hutcher & Citron, seeking to claw back up to $2 million the firms allegedly fraudulently received from a $45 million Hamptons mansion sale linked to developer Nir Meir.

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    Solo Atty, Bankruptcy Pro Joins Lewis Brisbois In Del.

    Lewis Brisbois Bisgaard & Smith LLP has bolstered its Delaware office with the addition of a commercial and bankruptcy attorney who formerly operated her own firm for more than six years.

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    Legal Lags Behind Other Professionals Using AI

    Despite increased demand for artificial intelligence, most professionals are not using this technology at work, with legal professionals lagging behind other sectors, according to a new survey on Tuesday.

  • Fed. Circ. Says Law Taken Out Of Context In IP Fraud Defense

    U.S. Circuit Judge Todd Hughes on Monday told the attorney for the owner of a patent enforcement company that his attempt to beat a contempt order for his client involved reading a key rule out of context.

  • 3 Firms To Lead Weber Investor Suit Over $3.7B PE Buyout

    Prickett Jones & Elliot, Grant & Eisenhofer PA, and Kessler Topaz Meltzer & Check will together represent a proposed class of investors in grill maker Weber Inc. in consolidated litigation in Delaware's Court of Chancery over a $3.7 billion squeeze-out by private equity firm BDT Capital Partners LLC, Chancellor Kathaleen St. Jude McCormick decided on Monday in what she described as a "close call."

  • Attys Have Duty To Defend Judges, ABA President Says

    The American Bar Association's president on Monday warned that attacks on judges and the U.S. court system have skyrocketed in recent years and urged lawyers to stand up for the judicial process by defending judges who are unjustly criticized.

  • Chancery Approves $36M Sirius XM Settlement, $9.6M Atty Fee

    Sirius XM Holding Inc. stockholders who sued in Delaware's Court of Chancery over an alleged ongoing squeeze-out by Liberty Media Corp. won court approval Monday of a $36 million settlement to end their litigation, along with a $9.6 million payout for their attorneys and $50,000 for the lead plaintiff.

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    Legal Industry Sheds 3,000 Jobs In March After Modest Gains

    Following a modest uptick in February, the U.S. legal sector shed more jobs in March, with a loss of 3,000 jobs compared with the previous month, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.

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    Law360's Legal Lions Of The Week

    Gibbons PC leads this week's edition of Law360 Legal Lions, after helping its client, a Kirkland & Ellis LLP attorney, secure an early win in a legal malpractice case alleging he botched an estate planning matter and lost his client millions in a later divorce.

  • Voir Dire: Law360 Pulse's Weekly Quiz

    The legal industry marked the beginning of April with another busy week as law firms expanded their offerings and made new hires. Test your legal news savvy here with Law360 Pulse's weekly quiz.

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    'Eat Or Be Eaten': Mid-Law Drove Q1 Law Firm Mergers

    As firms feel the pressure to grow to meet client demands, midsize law firms appear to be more eager to gobble up small law firms and less thrilled by the idea of being acquired, according to consultants and first quarter U.S. law firm combination results collected by Law360 Pulse.

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    Duane Morris Names Philly Atty As White Collar Co-Leader

    Duane Morris LLP has named a former supervisor in the U.S. Securities and Exchange Commission's Division of Enforcement as co-chair of the white collar criminal defense, corporate investigations and regulatory compliance division of its trial practice group.

  • Ex-CEO Reaches Legal Fee Agreement With Trump-Tied SPAC

    A Delaware vice chancellor has signed off on an agreement between Donald Trump-tied Digital World Acquisition Corp. and its former CEO to have the venture pay his legal costs related to federal probes and litigation in multiple states.

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    Skadden Promotes 21 Attorneys In 2024 New Partner Class

    Skadden Arps Slate Meagher & Flom LLP has promoted 21 of its attorneys to partner, a 12.5% decrease from 2023, when 24 attorneys became partners.

  • Joonko Tells Chancery Ex-CEO Shouldn't Get Legal Fees

    Defunct job board startup Joonko, which closed last year after its CEO resigned amid fraud allegations, told Delaware's Court of Chancery on Wednesday that it has no obligation to advance her defense costs in federal government investigations because she is no longer a director or officer of the company.

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    Meet The Lawyers Charting 5G Biz Airspan's Ch. 11

    A team of Dorsey & Whitney LLP attorneys is helping Florida-based 5G software and hardware supplier Airspan Networks navigate its prepackaged Chapter 11 case.

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    Despite Atty Losses, Lewis Brisbois Says '23 Was Its Best Year

    Following the exodus of over a hundred employment lawyers to the short-lived Barber Ranen last summer, a stream of attorneys has been departing Lewis Brisbois Bisgaard & Smith LLP to join other firms that are expanding into new regions. The firm’s leader tells Law360 Pulse, however, that the firm is on solid footing and had its “best year yet.”

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    Cole Schotz Launches Life Sciences Practice Group

    Cole Schotz PC has launched a life sciences practice group led by two attorneys with intellectual property expertise, with the firm saying the practice formalizes and structures work the firm is already doing for clients.

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Expert Analysis

  • ChatGPT Is A Cool Trick, But AI Won't Replace Lawyers Author Photo

    Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.

  • Pro Bono Work Is Valuable In IP And Continued Learning Author Photo

    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.

  • Increasing Public Access To Legal Services: A Practical Plan Author Photo

    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.

  • Priorities For Improving The Legal Industry In Texas Author Photo

    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.

  • Leading Your Law Firm's Creation Of A New Practice Group Author Photo

    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? Author Photo

    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.

  • 10 Principles For Effective Partner Reward Systems Author Photo

    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.

  • Why Interdisciplinarity Is Key To Designing The Future Of Law Author Photo

    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.

  • Incorporating ADA Guidance Into Lawyer Wellness Movement Author Photo

    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? Author Photo

    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.

  • 9 Writing Tips From The Justices' Opinions Last Term Author Photo

    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.

  • What Web3 Means For Lawyers' Ethical Duties Author Photo

    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.

  • NY's Cybersecurity CLE Rule Is A Sign Of Changing Times Author Photo

    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 Mark Author Photo

    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.

  • A Law Student's Guide To Thriving As A Summer Associate Author Photo

    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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