Delaware Pulse

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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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    Law360 Names Attys Who Moved Up The Firm Ranks In Q1

    A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. Law360 reveals the list of attorneys whose commitment to legal excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the fourth quarter of last year.

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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.

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    ABA's Education Section Endorses Alternative Atty Licensing

    The American Bar Association's national accrediting arm for law degree programs announced during a council meeting Friday the adoption of a report that effectively recognizes alternative methods of attorney licensing outside the bar exam.

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    Courts' 'Wait And See' On Deepfake Rule Gets Mixed Reviews

    A new evidentiary rule for dealing with artificial intelligence-generated deepfakes is unnecessary right now, according to a federal judiciary committee, but the courts' "wait and see" approach may be too cautious, some experts told Law360 Monday.

  • Dozens Of Pro Bono Attys Back 3rd Circ. Nominee Mangi

    Forty-nine pro bono partners, counsel and chairs from major law firms and organizations wrote to Senate leadership on Friday with concerns that the staunch opposition against Third Circuit nominee Adeel Mangi over his pro bono work will have a chilling effect on future attorneys seeking judgeships, according to a letter shared with Law360.

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    Lewis Brisbois Taps Attys To Help Lead Asbestos Litigation

    Lewis Brisbois Bisgaard & Smith LLP named two new vice chairs of its asbestos litigation practice group this week, looking to experienced litigators from its Philadelphia and Atlanta offices to fill the roles.

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    Gen Z Women Are Shunning BigLaw Partnership. Here's Why.

    A recent survey of Generation Z lawyers at large law firms found that significantly more men than women say their ultimate career goal is to make partner, while far more women than men say their goal is to transition in-house.

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    Law360's Legal Lions Of The Week

    Haynes and Boone LLP and Lubin & Enoch PC lead this week's edition of Law360's Legal Lions, after the U.S. Supreme Court unanimously determined that federal courts do not have discretion to toss a case once it's decided that the claims belong in arbitration.

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    Stevens & Lee Adds Cannabis Co-Chair From Pashman Stein

    Stevens & Lee PC has hired a new co-chair for its cannabis law team from New Jersey-based Pashman Stein Walder Hayden PC, explaining that it opted for an expert in the growing field who brings a diverse practice background that also includes experience with white collar defense and complex commercial litigation.

  • Voir Dire: Law360 Pulse's Weekly Quiz

    The middle of May marked another action-packed week for the legal industry as former President Donald Trump's hush money trial continued and BigLaw firms expanded their reach in the U.S. and abroad. Test your legal news savvy here with Law360 Pulse's weekly quiz.

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    Efforts To Make Del. Legal Community More Inclusive Roll On

    As Delaware continues to implement changes aimed at increasing the diversity of its bench and bar, a nonprofit that seeks to create a better pipeline so more young people can pursue legal careers has been a key part of those efforts.

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    Patient Software Biz's GC Gets Comp Bump To $3M

    The general counsel for patient intake software company Phreesia Inc. received about $3 million in total compensation for the fiscal year that ended Jan. 31, up from about $2.8 million a year earlier, according to a public filing.

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    Deepfake Rule Proposals Navigate 'Perfect Evidentiary Storm'

    As federal judiciary officials explore how to handle evidence faked by artificial intelligence, attorneys are divided over the need to change evidence rules, with some worried that current rules are not up to the challenges posed by deepfakes, and others fearful that altering them might do more harm than good.

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    From 'Deadhead' To Womble Bond's Next Chair And CEO-Elect

    Merrick Benn, a global finance partner at Womble Bond Dickinson and a member of the firm's global board, is preparing to take over as U.S. chair and CEO. Here, Benn talks to Law360 Pulse about his goals for the new position and how the Grateful Dead influenced his career trajectory.

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    Del. Justices Ask: Do Attys Get Thinner Slice Of $1B Dell Pie?

    A near record-breaking $266.7 million fee for stockholder attorneys who settled a Chancery Court class action against Dell Technologies Inc. for $1 billion had Delaware's Supreme Court raising questions Wednesday about how the state traditionally calculates attorney fee awards in large class action settlements.

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Expert Analysis

  • Why All Law Firms Should Foster Psychological Capital Author Photo

    Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.

  • A GC's Guide To Litigation, Inspired By Sun Tzu's 'Art Of War' Author Photo

    With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.

  • Mentorship Is Key To Diversity In The Legal Industry Author Photo

    Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.

  • 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.

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    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.

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