Delaware Pulse

  • 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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    Task Force Releases New AI Guidance For Courts

    The National Center for State Courts' artificial intelligence rapid response team has released more interim guidance on how courts can start experimenting with AI and what they should consider about platforms using the technology, the center said Wednesday.

  • Backlash To 3rd Circ. Nom Could Hamper More Muslim Picks

    Only two Muslims serve on the federal bench, well below the prevalence of people practicing the faith within the U.S., and the recent travails of a third picked to serve on the court might bode ill for adding more.

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