Delaware Pulse

  • Tesla Investors Weigh In On $5B Fee Proposed For Class Attys

    Tesla Inc. stockholders are sounding off to Delaware's chancellor after class attorneys sought a stock-based fee potentially worth more than $5 billion at current share prices following the Court of Chancery's reversal of Elon Musk's $55.8 billion stock-based pay plan on Jan. 30.

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    Firms Trimmed Entry-Level Hiring Amid Demand Shifts In 2023

    As the legal market adjusted from the post-pandemic hiring surge, law firms across the U.S. scaled back their recruitment efforts for entry-level associates last year, a result of firms realigning talent strategies to better serve clients' demands over the long term, a report Tuesday from the National Association for Law Placement found.

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    Civil Cases On The Rise In Federal Courts

    The number of civil cases filed in the federal courts jumped significantly in fiscal 2023, led by disputes between multiple states' citizens and personal injury suits, after a decrease in civil filings the year before, the federal judiciary said Tuesday.

  • Head Of Rutgers Race Justice Program Defends 3rd Circ. Nom

    The director of a Rutgers University program that has drawn controversy amid a confirmation battle for a Third Circuit seat said Tuesday that she is "disappointed though not surprised" by the attacks on nominee Adeel Mangi, who would be the first Muslim federal appeals court judge if confirmed.

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    Paul Weiss' Digital Tech Chair On AI's Promises And Perils

    While generative artificial intelligence promises to increase access to justice and kill the billable hour, we don't know how to prevent it from unleashing misinformation and disinformation on the electorate, says Katherine Forrest, a former Manhattan federal judge who is now chair of Paul Weiss Rifkind Wharton & Garrison LLP's digital technology group.

  • Saul Ewing Taps Over A Dozen New Practice, Dept. Leads

    Saul Ewing LLP unveiled its newest slate of leadership appointments on Tuesday, spanning two departments and seven practices.

  • 3rd Circ. Pick Affirms Muslim Lawyer Event Amid GOP Attacks

    Third Circuit nominee Adeel Mangi, who will be the first Muslim federal appeals court judge if confirmed and has been facing attacks from Republicans, has updated the Senate Judiciary Committee with an event he "inadvertently" left off his nominee questionnaire.

  • 3rd Circ. Finds No Reason To Disturb AbbVie Privilege Ruling

    The Third Circuit has found that AbbVie was unable to show that a Pennsylvania federal court went against precedent or made an error when ordering the drugmaker to turn over attorney communications from a "sham" patent case allegedly meant to delay AndroGel competitors.

  • Philly DA Can't Escape Sanctions Over Lack Of Candor

    A Third Circuit panel has ruled that Philadelphia's district attorney, Larry Krasner, must apologize to the family of two 1984 murder victims after his office was less than forthcoming in proceedings over post-conviction relief sought by one of the killers.

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    With Rising State AG Action, BigLaw Responds By Beefing Up

    This year Covington & Burling LLP formalized its government litigation practice group, following others in what appears to be a race by large law firms to formalize, market and grow their state attorney general practices as the nature of the office has shifted in recent years.

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    After COVID Office Cuts, Firms Will Do 'More With Less'

    Things are settling back into place in the legal office space market after the great upheavals caused by COVID-19, with most law firms now focused on making the best use of their existing space after a round of pandemic-era downsizing, according to a new survey.

  • Law360 Legal Lions Of The Week

    Mitchell Law PLLC, Gessler Blue LLC and Dhillon Law Group Inc. lead this week's edition of Law360 Legal Lions after the U.S. Supreme Court unanimously found that states can't bar former president Donald Trump from running for reelection this year based on a 14th Amendment provision.

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    By The Numbers: Why Associates Stay At Their Firms

    After a flood of associates left their firms in search of greener pastures as part of the "talent wars" of the early 2020s, the National Association for Law Placement wanted to know what made other early-career attorneys decide instead to stay put. Here, Law360 Pulse takes a look at how compensation, work-life balance, and a dozen other factors helped play a role.

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    Military Spouses Are Untapped Pool Of Attorney Talent

    Service members' spouses in the legal profession present a massive well of untapped talent, though balancing a law career with their families' service to the country can be challenging, attorneys working in and with this community tell Law360 Pulse.

  • Voir Dire: Law360 Pulse's Weekly Quiz

    The legal industry marked the beginning of March with another busy week as BigLaw firms made new hires and adjusted their practices.

  • Chemours Internal Review Reveals Violations By Top Execs

    Chemical giant Chemours announced on Wednesday that an internal investigation revealed that three executives engaged in unethical financial practices to boost their incentive compensation.

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    Del.'s Corp. Law Dominance A Hot Topic At Tulane Conference

    Whether Delaware will continue to be where many companies choose to incorporate and its courts will remain the go-to venue for deciding high-stakes business disputes was a hot topic of conversation as Tulane Law School commenced its annual Corporate Law Institute on Thursday.

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    Meet The Attys Repping Juniper Investor In Suit Over HPE Sale

    Attorneys from Weiss Law LLP and Bielli & Klauder LLC are representing a Juniper Networks Inc. investor who alleges leaders of the artificial intelligence networking platform have withheld material information about the company's $14 billion acquisition by Hewlett Packard Enterprise Co.

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    And The Oscars' Legal Questions Go To ... John Quinn

    When he was the general counsel to the Academy of Motion Picture Arts and Sciences, Quinn Emanuel founding partner John Quinn attended the Oscars dozens of times, and he did so with a copy of the broadcast network contract tucked into his tuxedo pocket.

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    Equity Concerns Follow Mass Torts' March Into Bankruptcy

    After decades of suffering and waiting, a group of more than 82,000 childhood sexual abuse survivors recently reached a $2.5 billion bankruptcy settlement with the Boy Scouts of America and related groups. Yet the survivors may once again be in suspense.

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    GCs See Data Privacy, ESG As Growing Risk Areas For 2024

    While regulatory compliance remains top of mind for chief legal officers, data privacy, and environmental, social and governance have entered the conversation as leading risks for legal department leaders, according to the results of a new survey.

  • Latham Passes Skadden As Busiest Securities Defense Firm

    Despite a downward trend in securities case filings over the past three years, Latham & Watkins LLP has remained one of the most active law firms on the defense side, taking over the top spot from Skadden Arps Slate Meagher & Flom LLP, according to reports released by Lex Machina.

  • Epic Tesla Fee Bid May Blaze Extraordinary Chancery Path

    An unprecedented $5 billion-plus stock-based fee award sought by class attorneys who recently short-circuited Tesla CEO Elon Musk's 12-step, $51 billion compensation package has set up an equally unprecedented test for Delaware Court of Chancery fee guidelines and a potential award one law expert described as "dynastic wealth."

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    The Firms Charging Into Secondary Cities As BigLaw Retreats

    While top-tier firms have recently tapered their migration to secondary legal markets, firm leaders and recruiters say these locations continue to hold appeal for midtier firms, citing advantages such as lower expenses and competitive billing rates.

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    Where E-Discovery Generative AI Efforts Currently Stand

    More e-discovery companies are announcing new capabilities that harness the power of generative artificial intelligence, but I'm hearing confusion among some law firm leaders about the immediate availability of the tools in a more crowded legal tech market.

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