Where are the Big Law CMOs?, Love Firms Warming to Cryptocurrency, Popular Law Blogger Sued: The Morning Minute
Here's the news you need to start your day.
November 06, 2019 at 06:00 AM
3 minute read
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WHAT WE'RE WATCHING
ELP WANTED? More than a dozen Am Law 200 law firms are operating without chief marketing officers, Patrick Smith reports. At some of those firms, the jobs have remained open for as long as 18 months. Consultants say that six months is about the length of time it should take to fill the position, and long delays can bring marketing momentum to a standstill. Nixon Peabody just filled its CMO position that's been open since the beginning of the year with the hire of Danielle Wuschke Paige.
MONEY IS MONEY – Quinn Emanuel says it's now accepting bitcoin and other cryptocurrencies, joining a handful of major law firms that say they accept digital currency. As Samantha Stokes reports, Quinn Emanuel said it accepted its first cryptocurrency payment last week using BitPay, a Georgia-based bitcoin payment service. The firm is not divulging the client's name. Other big firms that say they're onboard are Perkins Coie, Steptoe & Johnson and Frost Brown Todd.
TAXING SITUATION – U.S. House lawyers, DOJ lawyers and Trump attorneys this morning head to D.C. federal court over a dispute involving Trump's tax returns. The House Ways and Means Committee wants the returns from the IRS and the Treasury Department, which have refused to provide them. Judge Trevor McFadden, a Trump appointee, will preside over the motion to dismiss filed by the IRS and the Treasury Department.
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EDITOR'S PICKS
Cannabis Compliance Tools Have an Audience—But Is It a Paying One?
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WHILE YOU WERE SLEEPING
FEWER – Locke Lord's Hong Kong office managing partner has joined Holman Fenwick Willan as a corporate finance partner, as the lawyer count dwindles at the Texas firm's outpost. John Kang reports that the departure of Wing Cheung, whose practice focuses on capital markets transactions, is one of several at Locke Lord, which has been steadily losing partners in recent years. The firm now has eight lawyers based in its Hong Kong office, down from 19 in 2016.
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WHAT YOU SAID
"We have scenarios dealing with people having sex on the roof."
— Michael Weinberg, executive director of the Engelberg Center on Innovation Law & Policy at NYU law school, describing the real-life legal problems for in-house departments at technology companies, which will be reenacted by actors at an open mic night event in New York on Nov. 18.➤➤ Sign up here to receive the Morning Minute straight to your inbox.
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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