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Delaware Pulse
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Chancery OKs Record-Breaking $100M Pattern Energy Deal
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.
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Law360's Legal Lions Of The Week
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.
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Ex-Willkie Atty To Lead New Paul Weiss Latin America Practice
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.
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Tech Security Firm Founder Sues Buyer For Legal Fees In Del.
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.
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Legal Industry Gains Jobs In April Following Downward Trend
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.
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Voir Dire: Law360 Pulse's Weekly Quiz
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.
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If High Court Upends Jan. 6 Conviction, What Happens Next?
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.
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Office Snapshot: Lewis Brisbois' Delaware Digs
Since opening its Delaware office at the height of the COVID-19 pandemic in May 2020, Lewis Brisbois Bisgaard & Smith LLP has steadily grown its attorney roster in Wilmington, including some recent hirings.
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Commercial Boutique With Del., Pa. Offices Gets New Name
Boutique commercial law firm Gellert Scali Busenkell & Brown LLC, which has offices in Delaware and Pennsylvania, is now Gellert Seitz Busenkell & Brown LLC due to the departure of one of its founders.
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How College GCs Are Dealing With Drama Of Protests
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.
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Law Firms See Revenue Soar Amid Rate Hikes
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.
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Yoga Lawyer: A Way of Being In The (Legal) World
More than a decade ago, a stressful job and a pile of physical ailments prompted attorney Cindy Pensoneau to take a deep dive into yoga. Today, she continues to work as both a lawyer and as a yoga teacher, illustrating the growing role that the ancient mind-body practice can play in improving attorney mental health.
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GCs Help Companies Close The Gap On Mental Health Efforts
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.
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Here's Why This GC Went Public With Her Bipolar Diagnosis
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.
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Womble Bond Promotes UK Partner To Innovation Chief
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.
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Pharmacyclics Can't Score Fees After Imbruvica Patent Win
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.
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ABA Knocks Down 'Implausible' Data Breach Class Action
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.
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Return To Office Poses Pitfalls For Atty Mental Health
As a therapist specialized in treating lawyers, Stacey Dougan hears a lot about law firm politics, addiction and the career's overwhelming demands. But lately, her clients have been bringing up a new source of anxiety: returning to the office.
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Ethics Probes Take Mental Toll On Solo, Small Firm Attorneys
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.
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Mid-Law Not Immune To Structural Mental Health Challenges
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.
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Venezuela Says It Has Proof Of Special Master Improprieties
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.
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The Pulse Of Attorney Mental Health
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.
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The Best Therapy For Lawyers, According To Ex-Lawyers
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.
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How Dechert's Culture Helped Its SF Leader Forge Resilience
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.
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Atty Alcohol Misuse: What's Worked, What Hasn't, What's Next
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.
Expert Analysis
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Why Writing CLE Should Be Mandatory For Lawyers
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Though effective writing is foundational to law, no state requires attorneys to take continuing legal education in this skill — something that must change if today's attorneys are to have the communication abilities they need to fulfill their professional and ethical duties to their clients, colleagues and courts, says Diana Simon at the University of Arizona.
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How To Find Your Inner Calm When Client Obligations Pile Up
In the most stressful times for attorneys, when several transactions for different partners and clients peak at the same time and the phone won’t stop buzzing, incremental lifestyle changes can truly make a difference, says Lindsey Hughes at Haynes Boone.
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Series
Ask A Mentor: How Can I Support Gen Z Attorneys?
Meredith Beuchaw at Lowenstein Sandler discusses how senior attorneys can assist the newest generation of attorneys by championing their pursuit of a healthy work-life balance and providing the hands-on mentorship opportunities they missed out on during the pandemic.
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Law Firm Cybersecurity Should Not Get Lost In The Cloud
A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.
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Advice For Summer Associates Uneasy About Offer Prospects
There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.
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How Law Firms Can Cautiously Wield AI To Streamline Tasks
Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.
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Keys To Managing The Stresses Of Law School
Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.
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Can Mandatory CLE Mitigate Implicit Bias's Negative Impacts?
Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.
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Ditch The Frills And Start Writing Legal Letters In Plain English
To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.
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Series
Ask A Mentor: How Can I Negotiate My Separation Agreement?
Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.
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DoNotPay Cases Underscore Hurdles For AI-Fueled Legal Help
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
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For The Future Of Legal Practice, Let's Learn From The Past
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
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Why All Law Firms Should Foster Psychological Capital
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.
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A GC's Guide To Litigation, Inspired By Sun Tzu's 'Art Of War'
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.
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Mentorship Is Key To Diversity In The Legal Industry
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.