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A $100 million settlement ending state and federal court litigation over Pattern Energy Group Inc.'s $6.1 billion go-private sale in 2020 got the nod from Delaware's Court of Chancery on Friday, along with a requested $26 million fee award and two $25,000 incentive awards for the lead shareholder plaintiffs.
Clement & Murphy PLLC and Yetter Coleman LLP lead this week's edition of Law360 Legal Lions, after the Fifth Circuit reversed a Texas federal court's $1.6 billion ruling against IBM in an operating agreement dispute with Houston-based software company BMC.
Paul Weiss Rifkind Wharton & Garrison LLP said Friday it has launched a Latin America practice to be led by a former longtime Willkie Farr & Gallagher LLP partner.
The founder of security and information technology service venture Counter Threat Solutions sued the company that acquired it for legal fee advancement in Delaware's Court of Chancery, after accusing the buyer in a Delaware Superior Court suit of fabricating post-closing indemnity claims and refusing to honor payment terms.
The U.S. legal sector eased back into a positive trajectory in April, with a gain of 3,200 jobs compared with the previous month, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.
This was another action-packed week for the legal industry as a mega-merger went live, three firms opened up offices in Boston and another acquired a Denver boutique. Test your legal news savvy here with Law360 Pulse's weekly quiz.
If the U.S. Supreme Court decides prosecutors overstepped by charging a rioter who stormed the Capitol with obstruction, the results will likely be mixed for hundreds of other defendants charged with the same crime, particularly those who have been convicted. That post-appeal uncertainty is nothing new, defense attorneys say.
New York City police descended on the Columbia University campus late Tuesday to arrest encamped protesters of the Israel-Gaza war, as general counsel for at least 20 universities across the nation grapple with how best to keep students safe while protecting everyone's free-speech rights.
Law firm revenue soared by 9.5% during the first quarter of 2024, buoyed by a nearly comparable hike in billing rates compared to the similar period in 2023, according to a new report from Wells Fargo's legal specialty group.
While they wait for their companies to implement more wellness policies that reach the root causes of employees’ stress and burnout, some general counsel and chief legal officers are filling the gap to help their law teams feel more supported.
Kelly Rentzel, who has held several general counsel positions throughout her career, largely credits her law degree for giving her the confidence to talk publicly about her bipolar diagnosis — which is something she had contemplated for two decades before taking the initial steps that ultimately led her to a lectern.
Womble Bond Dickinson in the U.K. has elevated partner and head of innovation Sam Dixon to chief innovation officer, the transatlantic law firm announced earlier this week.
Delaware's top federal judge on Tuesday told AbbVie's Pharmacyclics LLC unit that it was "also guilty of vexatious conduct" and had no standing to seek legal fees after it won a patent infringement suit against generic-drug rivals over its branded blockbuster cancer drug Imbruvica.
The American Bar Association members suing the organization over a data breach have not identified any security measures the ABA failed to take, a New York federal judge said Tuesday when nixing what the organization called the members' "implausible" proposed class action.
Despite the common narrative that lawyers can trade higher pay for better well-being and work-life balance by moving to smaller firms, experts say that Mid-Law firms are generally facing the same industry pressures that contribute to long hours, stress and poor attorney mental health.
Facing a disciplinary complaint can take a toll on any attorney’s mental health. But for solo practitioners and small firm lawyers, who typically juggle all aspects of their business from handling client matters to administrative tasks like managing trust accounts, it can threaten to upend their lives.
Venezuela has asked a Delaware federal judge to disqualify the special master overseeing the sale of Citgo Petroleum Corp.'s parent company to repay billions of dollars in Venezuelan debt, saying it now has proof he engaged in improper advocacy before the Biden administration.
COVID-19 put a spotlight on wellness issues as attorneys hunkered down at home and tried to balance the demands of work with personal and family needs during a pandemic. How far have we come since then? Ahead of Mental Health Awareness Month, Law360 Pulse decided to explore the current state of attorney mental health.
Attorneys-turned-therapists say no one understands the stresses of being a lawyer like another lawyer. They also say their clients sometimes struggle at first with treatment that prioritizes feelings, mindfulness and even body awareness over the intellectualizing and rationalizing that make them successful at their jobs.
When his 2-month-old daughter was hospitalized with a potentially fatal condition, Dechert partner Jonathan Stott leaned on firm mentors and colleagues for strength. Now, as managing partner of the firm's San Francisco office Stott is on a mission to pay it forward and continue fostering a supportive and resilient office community.
In the eight years since an ABA report revealed pervasive alcohol misuse among lawyers, the legal industry has sought to address the problem. Here is a look at what’s working, what isn’t, and how legal employers can effectively address law’s problem drinking crisis going forward.
Overwhelming caseloads, the secondary trauma from certain types of cases and a lack of peer support are the biggest stressors judges say they're facing, with many of them experiencing difficulty concentrating, remaining unbiased and treating litigants and lawyers with respect as a result.
Money is no longer the top factor in many Generation Z lawyers' list of priorities, with three-fourths naming culture as the No. 1 factor they used in choosing a law firm, according to a new report released Monday by recruiting firm Major Lindsey & Africa and legal intelligence provider Leopard Solutions.
In the past year, plaintiffs have won settlements and judgments for millions and billions of dollars from companies such as Wells Fargo, Goldman Sachs, Facebook and Fox News, with many high-profile cases finally wrapping up after years of fighting. Such cases — involving over-the-top compensation packages, chemical contamination, gender discrimination and data mining — were led by attorneys whose accomplishments earned them recognition as Law360's Titans of the Plaintiffs Bar for 2024.
Several members of the Senate Judiciary Committee wrote to the American Bar Association on Friday urging it to study how state bar applications require would-be attorneys to disclose sexual violence.
Artificial intelligence tools will increasingly be used by outside counsel to better predict the outcomes of litigation — thus informing legal strategy with greater precision — and by clients to scrutinize invoices and evaluate counsel’s performance, says Ronald Levine at Herrick Feinstein.
Series
My Nonpracticing Law Job: LibrarianLisa A. Goodman at Texas A&M University shares how she went from a BigLaw associate who liked to hang out in the firm's law library to director of a law library herself in just over a decade, and provides considerations for anyone interested in pursuing a law librarian career.
Federal courts have recently been changing the way they quote decisions to omit insignificant details and string cites, and lawyers should consider adopting this practice to enhance the readability of their briefs — as long as accuracy stays top of mind, says Diana Simon at the University of Arizona James E. Rogers College of Law.
Nikki Lewis Simon, chief diversity, equity and inclusion officer at Greenberg Traurig, discusses best practices — and some pitfalls to avoid — for law firms looking to build programs aimed at driving inclusion in the workplace.
Former Minnesota Supreme Court Chief Justice Lorie Gildea, now at Greenberg Traurig, offers strategies on writing more effective appellate briefs from her time on the bench.
While involvement in internal firm initiatives can be rewarding both personally and professionally, associates' billable time requirements don’t leave much room for other work, meaning they must develop strategies to ensure they’re meeting all of their commitments while remaining balanced, says Melanie Webber at Fisher Phillips.
Amid a dip in corporate legal spending and client pushback on bills, Shireen Hilal at Maior Consultants highlights specific in-house counsel frustrations and explains how firms can provide customized legal advice with costs that are supported by undeniable value.
Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.
It is critical for general counsel to ensure that a legal operations leader is viewed not only as a peer, but as a strategic leader for the organization, and there are several actionable ways general counsel can not only become more involved, but help champion legal operations teams and set them up for success, says Mary O'Carroll at Ironclad.
A new ChatGPT feature that can remember user information across different conversations has broad implications for attorneys, whose most pressing questions for the AI tool are usually based on specific, and large, datasets, says legal tech adviser Eric Wall.
Legal organizations struggling to work out the right technology investment strategy may benefit from using a matrix for legal department efficiency that is based on an understanding of where workloads belong, according to the basic functions and priorities of a corporate legal team, says Sylvain Magdinier at Integreon.
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My Nonpracticing Law Job: RecruiterSelf-proclaimed "Lawyer Doula" Danielle Thompson at Major Lindsey shares how she went from Columbia Law School graduate and BigLaw employment associate to a career in legal recruiting — and discovered a passion for advocacy along the way.
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Ask A Mentor: How Do I Balance Social Activism With My Job?Corporate attorneys pursuing social justice causes outside of work should consider eight guidelines for finding equilibrium between their beliefs and their professional duties and reputation, say Diedrick Graham, Debra Friedman and Simeon Brier at Cozen O'Connor.
Mateusz Kulesza at McDonnell Boehnen looks at potential applications of personality testing based on machine learning techniques for law firms, and the implications this shift could have for lawyers, firms and judges, including how it could make the work of judges and other legal decision-makers much more difficult.
The future of lawyering is not about the wholesale replacement of attorneys by artificial intelligence, but as AI handles more of the routine legal work, the role of lawyers will evolve to be more strategic, requiring the development of competencies beyond traditional legal skills, says Colin Levy at Malbek.