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Now that the Delaware Supreme Court has signed off on controversial corporate law amendments, the legal industry is anxiously awaiting the real-world impacts of those changes, panelists at Tulane University Law School's Corporate Law Institute said on Friday.
Shareholders seeking more transparency about corporate political spending have filed ballot measures at 29 companies so far this proxy season, with nine companies agreeing to the disclosures without a vote and five more blocking the proposal from their ballots, according to the latest numbers on Friday from the nonprofit Center for Political Accountability in Washington, D.C.
During this past week in legal industry news, there were leadership transitions, new offices, and the dissolution of a combination. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Two high-profile Delaware Supreme Court decisions involving Elon Musk's Tesla, the "supersize" attorney fee bids in those cases and others, and artificial intelligence's impact on the legal industry were among the hot topics Thursday as Tulane University Law School kicked off its annual Corporate Law Institute.
Judges have begun issuing sanctions to lawyers, escalating the consequences over artificial intelligence-generated errors, but attorneys say that penalties might not be enough to stop the problem.
Patent filings in Delaware federal district court were up by roughly 30% in 2025, while the federal bankruptcy court in Wilmington saw a decrease in overall filings for the year that included a major dip in Chapter 11 cases.
Akerman LLP has added a partner in Delaware who previously was at Saul Ewing LLP for more than 15 years to bolster its bankruptcy and reorganization practice group.
Federal criminal and civil cases, like a recently dismissed gun prosecution in Minnesota, are being plagued by delays, extension requests and missed deadlines as a result of the large number of attorneys who have departed the DOJ since President Donald Trump returned to office and the inexperienced lawyers replacing them.
Two firms that started sharing resources under Cohen Vaughan LLP in January 2025 have announced they are dissolving the partnership at the beginning of April and returning operations to their separate business models.
Litigation finance deal volume rebounded modestly in 2025 after two years of decline following an industrywide shakeout, while BigLaw pulled back from tapping into litigation financing opportunities, according to a new report.
The New Jersey Supreme Court on Tuesday questioned whether a notice requirement in the state's judicial privacy law is enough to ensure that any person or entity that can be held liable under the law acted with negligence.
Every federal and state judge who participated in a recent survey said they are using generative artificial intelligence in their work, but acknowledged the risks the technology poses and insisted it should only help with speeding certain tasks, according to a new report.
Mid-Law firms this year continued a trend of promoting smaller partnership classes amid an overall trend for consolidation within the legal industry, while women lawyers held onto minor gains in partnership ranks and promotions varied across markets around the country, a Law360 Pulse analysis has found.
An overall drop in the most recent partner classes at Mid-Law firms was marked by declines in Northeast and Southeast markets, while promotions rose throughout the Midwest and West Coast, a Law360 Pulse analysis has found.
Women accounted for about 43.5% of Mid-Law partner promotions during the 2026 promotion cycle, roughly in line with the prior year and reflecting the slow pace of progress toward gender parity, a Law360 Pulse analysis has found.
Regional utility company PJM Interconnection recently selected two of its in-house attorneys for promotions to elevated titles in the Pennsylvania-based company's executive team.
Law firm leaders say nonprofit board work teaches attorneys about executive governance, provides networking opportunities and makes them better legal practitioners — so long as they have the time and can avoid conflicts of interest.
Weil Gotshal & Manges LLP, Latham & Watkins LLP and Clement & Murphy PLLC lead this week's edition of Law360 Legal Lions, after the Federal Circuit vacated an over $600 million judgment involving the maker of Norton antivirus software for infringing Columbia University patents.
BigLaw firms expanded their practice bench and services during another action-packed week for the legal industry. Test your legal news savvy here with Law360 Pulse's weekly quiz.
More than a year after launching an office in Delaware, boutique litigation firm Esbrook PC is moving into a bigger, updated space with room to expand its roster of attorneys in the First State, firm leaders told Law360 Pulse.
A hedge fund manager can wind down the litigation funding operation he ran with a Florida-based personal injury attorney, the Delaware Chancery Court has ruled, finding that a falling out between the two partners did not involve any wrongdoing.
The strategies law firms and legal departments use to evaluate vendors and adopt technology have taken on more importance in the age of artificial intelligence, a panel of experts said Wednesday during a session on the third day of ALM's Legalweek conference in New York City.
The pass rate for first-time takers who sat for the bar exam rose by more than a percentage point last year over 2024, according to statistics released by the American Bar Association.
The general counsel of Delaware-based Chemours saw her total compensation increase to roughly $2 million for fiscal year 2025, up from about $1.8 million the prior year, according to a public filing this week.
Last year, Vinson & Elkins partner Katherine Frank fielded about one call a week from companies thinking about redomiciling in Texas. Speaking to Law360 the day after ExxonMobil announced its plan to reincorporate in the Lone Star State due to its business-forward courts and policies, Frank said the callers fell into three categories.
Series
Biz Development Tip Of The Month: Prioritize Connections
One reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
Roundup
Biz Development Tip Of The Month
This year, experts shared 12 actionable strategies on building business in today's competitive legal market, from prioritizing human connections to maximizing the impact of thought leadership.
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.
Series
Talking Mental Health: Caring For Everyone As A Firm Leader
Reid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.
LinkedIn has several features law firms can use to showcase their capabilities and thought leadership to reach prospective and existing clients, including the Event and Live features, says Sofia Millar at Reputation Ink.
Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.
By initiating planning and processes to evaluate personal retirement goals and firm value early, longtime solo practitioners and small-firm owners can unlock a range of possibilities and potential buyers, setting up for a profitable exit and a rewarding transition, says Brent Daub at Gilson Daub.
When crafting an appellate brief, the focus for most lawyers is the argument section, but other sections also offer strategic opportunities to shape the court's perception of the case and favorably frame the issues, say attorneys at Frost Brown.
Kate Driscoll at Morrison Foerster suggests six questions to help candidates evaluate whether a secondment will benefit their career.
Recent approaches to hiring chief marketing officers demonstrate how firms are reimagining their marketing and business development frameworks to stay competitive and responsive to evolving client needs, says Murray Coffey at M Coffey.
Sarah Kovit Hanna at Assurant discusses how she balances the demands of her in-house role and the support needs of her son, who was diagnosed with autism, as a single mom, and reflects on how the legal industry can better support caretakers of family members who have special needs.