Delaware Pulse

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    'Irretrievable' Client Schisms Not Always How They Appear

    "Irretrievable breakdown." For most of us, the phrase brings to mind grim images of marital acrimony, or maybe a divorce court judge banging a gavel on daytime TV. But when you're talking lawyer-client breakups, the phrase can be so much more — a coded "wink wink" to the court, a convenient catchall, and an ethical defense mechanism.

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    Cadwalader, Fried Frank Match Milbank's Pay Scale

    Fried Frank Harris Shriver & Jacobson LLP and Cadwalader Wickersham & Taft LLP have opted to match Milbank LLP's latest raising of the bar for associate salaries, hiking their starting salaries for the class of 2021 to $215,000, according to internal memorandums obtained Friday by Law360.

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    How Firms Can Fight Back Against The Great Resignation

    Holistic approaches to well-being, engagement and inclusion are absolutely vital to law firms looking to retain their associates amid the "great resignation" that has accompanied the pandemic, according to panelists at the Institute for Well-Being In Law's virtual conference Friday.

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    BigLaw Lobbying Shops Report Huge Earnings Surge In 2021

    Several BigLaw lobbying shops saw their earnings skyrocket in 2021, as a change in administrations, coupled with continued COVID-19 relief efforts and negotiations around massive Democratic spending bills, gave rise to frenzied activity on Capitol Hill.

  • J2 Class Attys Get $2M For Saving $25M On Insider Deal

    Two firms representing digital media business J2 Global Inc. investors have nabbed $1.95 million in connection with a settlement ending a Delaware Chancery Court suit that challenged an investment contract worth millions made to a fund chaired by J2's chairman.

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    In Musk-Cooley Clash, When Should Law Firm Ignore Client?

    Elon Musk has been known to have problems with his in-house lawyers — having churned through four general counsel in four years at Tesla Inc. — but now he has included outside counsel in his beefs, which raised the question of when a law firm should ignore the demands of a client.

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    An Introduction To 3rd Circ. Nominee Arianna Freeman

    President Joe Biden's selection for an open seat on the Third Circuit could be a historic one if the nomination is confirmed by the U.S. Senate.

  • Firms Get $23.5M For $100M Merger Suit Settlement In Del.

    Three firms are getting a $23.5 million fee per a vice chancellor's approval of a $100 million settlement of a Delaware Chancery Court suit that accused Clayton Dubilier & Rice LLC of steering a construction industry supplier it controlled into an allegedly "grossly unfair" $1.2 billion merger.

  • 63% Of Lawyers Report Burnout; Here's What Partners Can Do

    Nearly two-thirds of lawyers in a recent survey reported they are experiencing some level of burnout, and partners and other supervisors within legal organizations are in a good position to turn that around, according to a presentation Thursday at the Institute for Well-Being in Law's virtual conference.

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    Happily Ever After? Firms Talk Life Post-Merger

    More law firms are considering mergers and acquisitions, driven by a desire to shorten the road to market dominance and secure the best talent against the competition. Here, leaders of three of the largest firm combinations in recent history tell Law360 Pulse how their integrations have been working out.

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    Milbank Starts 2022 With Another Bump In Associate Pay

    New York City-based Milbank LLP is kicking off 2022 by raising its associate pay scale for the second time in less than a year, after increasing salaries in July and sparking an associate pay raise frenzy, Law360 Pulse confirmed Thursday.

  • Hybrid Work Can Be Double-Edged Sword For Attys Of Color

    Working from home during the pandemic has been both a challenge and a reprieve for many attorneys who are from underrepresented communities, making the impending return to office a complicated prospect, according to panelists at a virtual conference on lawyer well-being Thursday.

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    Why Law Firm M&A Surge May Be More Blip Than Rebound

    There's been a flurry of law firm combination activity so far in January, but in the two years since the COVID-19 pandemic hit, sluggish merger numbers have yet to see a substantial and sustained rebound. Some say a full recovery isn't likely until the pandemic is behind us.

  • Bank Co. Says Insurers Must Cover Losses After $88M Deal

    Ally Financial, which agreed to pay $87.5 million and forgive $700 million in loan debt to settle a class action in March, has sued its excess insurers for denying coverage of the settlement and leaving Ally with a $3 million bill for defense fees.

  • Firms Seek $12M For $45M Surgery Partners Suit Settlement

    Heyman Enerio Gattuso & Hirzel LLP and Block & Leviton LLP are seeking $12.1 million for their work brokering a proposed $45 million settlement that would end a Surgery Partners stockholder's suit in Delaware Chancery Court over a $760 million acquisition of a surgery center in 2017.

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    Cole Schotz's 1st Female Co-Head Talks COVID, 2022 Plans

    After being named the first female co-managing shareholder of Cole Schotz PC, Randi Kochman spoke with Law360 Pulse about her expectations for the new role, the firm's return-to-office plans and attorney mental health during the COVID-19 pandemic.

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    He Spreads Seeds Of Knowledge So A Legal Giant Might Grow

    ​Former privacy lawyer Mark Ford's new job with the EY law group straddles several fields – he's part in-house counsel, part librarian, and part legal tech expert. Here, Ford talks about his career and his current responsibilities.

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    3rd Circ., Trial Court Picks Include BigLaw, Civil Rights Vets

    President Joe Biden announced his first judicial nominees of 2022 on Wednesday, tapping a veteran public defender for the Third Circuit and naming trial court picks in four states, including several veteran civil rights attorneys and attorneys at Jones Day and Gibson Dunn & Crutcher LLP.

  • Delaware Supreme Court Overturns Lin Wood Dismissal

    Delaware's Supreme Court on Wednesday unanimously reversed a decision that controversial attorney L. Lin Wood could not represent a former Trump campaign adviser in a state defamation case, while in a separate ruling affirming the dismissal of the defamation case itself. 

  • Slights To Leave Creative Legacy At Delaware Chancery Court

    A jurist with a "keen sense of the practicalities of commercial life" who helped kill appraisal arbitrage cases and was unafraid to take creative leaps in corporate law is leaving a legacy of meticulous opinions on Delaware's Chancery Court, experts said. 

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    'Mass Market' Tax Shelter Era Still Dogging BigLaw

    A long-tail malpractice suit against Proskauer Rose LLP now at Georgia's top court evokes an era of labyrinthine tax schemes promoted by prestigious accounting firms, eye-popping fines — and plenty of criticism of BigLaw's role in hiding wealthy clients from the taxman.

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    How GCs Can Navigate A Slew Of Whistleblower Tips

    Fiscal year 2021 saw records for whistleblower complaints to the U.S. Securities and Exchange Commission, including the number of tips received, the number of awards and the dollar amount of the awards. 

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    New Jan. 6 Charge Sends Message To Oath Keepers

    When prosecutors charged the founder of the Oath Keepers for his involvement in last January's siege of the U.S. Capitol, the indictment made headlines for two reasons.

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    Perkins Coie Moves Office Opening Back To Feb. 28

    Perkins Coie LLP, one of the country's largest law firms, informed its staff that its official office return date has been pushed back to Feb. 28 due to the state of the pandemic with the emergence of the omicron variant, a spokesperson for the firm told Law360 on Tuesday.

  • Law360 Names Practice Groups Of The Year

    Law360 would like to congratulate the winners of its 2021 Practice Groups of the Year awards, which honor the attorney teams behind litigation wins and major deals that resonated throughout the legal industry this past year.

Expert Analysis

  • Small Steps Can Help Employers Beat Attorney Burnout Author Photo

    Lawyers are experiencing burnout on a massive, unprecedented scale due to the pandemic, but law firms and institutional players can and should make a difference by focusing on small, practical solutions that protect their attorneys’ most precious personal resource and professional commodity — time, says Chad Sarchio, president of the District of Columbia Bar.

  • The Evolving Role Of The Law Firm Legal Secretary Author Photo

    Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.

  • Ask A Mentor: How Can I Ace My Upcoming Annual Review? Author Photo

    Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.

  • How Your Law Firm's Brand Can Convey Prestige Author Photo

    In order to be perceived as prestigious by clients and potential recruits, law firms should take their branding efforts beyond designing visual identities and address six key imperatives to differentiate themselves — from identifying intangible core strengths to delivering on promises at every interaction, says Howard Breindel at DeSantis Breindel.

  • How Dynamic Project Management Can Help Law Firms Author Photo

    Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.

  • Ask A Mentor: How Can I Successfully Switch Practices? Author Photo

    Associates who pivot into new practice areas may find that along with the excitement of a fresh start comes some apprehension, but certain proactive steps can help tame anxiety and ensure attorneys successfully adapt to unfamiliar subjects, novel internal processes and different client deliverables, say Susan Berson and Hassan Shaikh at Mintz.

  • A Road Map For Creating Law Firm Sustainability Programs Author Photo

    Amid demands from clients and prospective hires for greater sustainability efforts, law firms should think beyond reusable mugs and create programs that incorporate clear leadership structures, emission tracking and reduction goals, and frameworks for reporting results, says Gayatri Joshi at the Law Firm Sustainability Network.

  • Why Firms Should Help Associates Do More Pro Bono Work Author Photo

    Associates may hesitate to take on the added commitment of pro bono matters, but such work has tangible skill-building benefits, so firms should consider compensation and leadership strategies to encourage participation, says Rasmeet Chahil at Lowenstein Sandler.

  • Confronting The Stigma Of Alcohol Abuse In Legal Industry Author Photo

    The pandemic has likely exacerbated the prevalence of problem drinking in the legal profession, making it critical for lawyers and educators to address alcohol abuse and the associated stigma through issue-specific education, supportive assistance and alcohol-free professional events, says Erica Grigg at the Texas Lawyers' Assistance Program.

  • Opinion

    Lawyers Have Duty To Push For Immigration Court Reform Author Photo

    Attorneys must use their collective voice to urge federal lawmakers to create an Article I immigration court outside executive branch control, helping address the conflicts of interest, political influence and lack of adjudication consistency that prevent migrants from achieving true justice, say Elia Diaz-Yaeger and Carlos Bollar at the Hispanic National Bar Association.

  • ​​​​​​​Ask A Mentor: How Can 1st-Year Attys Manage Remote Work? Author Photo

    First-year associates can have a hard time building relationships with colleagues, setting boundaries and prioritizing work-life balance in a remote work environment, so they must be sure to lean on their firms' support systems and practice good time management, say Jenny Lee and Christopher Fernandez at Kirkland.

  • 5 Ways To Lead Lawyer Teams Toward Better Mental Health Author Photo

    Attorney team leaders have a duty to attend to the mental well-being of their subordinates with intention, thought and candor — starting with ensuring their own mental health is in order, says Liam Montgomery at Williams & Connolly.

  • How Your Summer Associate Events Can Convey Inclusivity Author Photo

    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.

  • Ask A Mentor: How Do I Negotiate Long-Term Flex Work? Author Photo

    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.

  • What I Wish Law Schools Taught Women About Legal Careers Author Photo

    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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