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WHAT WE'RE WATCHING

VARIABLES – Even though most law firms are deemed essential services, they're in no rush to refill their offices with lawyers and staff. Samantha Stokes and Patrick Smith report that for Big Law offices, with dozens of locations, turning the lights back on will be a complicated process, especially with differing return-to-work approaches state-to-state.

FINANCIAL WOES – Pay cuts, salary freezes and furloughs are hitting law schools as university systems grapple with massive budget shortfalls caused by the coronavirus pandemic. Karen Sloan reports that the University of California system, Harvard University and the University of Michigan, among others, are projecting massive budget shortfalls, and law schools are feeling the impact. Harvard Law School dean John Manning has told students that the financial fallout on the university is expected to be bigger than that of the 2008 recession.

GEARING UP – Anticipating a flood of business-interruption lawsuits against insurance firms in the wake of COVID-19, two groups of lawyers are pushing to create an MDL proceeding that would coordinate all the cases. Amanda Bronstad reports that efforts to coordinate the suits focus on 16 cases so far filed in federal courts against eight insurance firms. Mark Lanier and other plaintiffs lawyers have filed a motion for MDL in Illinois federal court. Meanwhile, plaintiffs lawyer Richard Golomb and others have filed a motion that would send the cases to the Eastern District of Pennsylvania.

EDITOR'S PICKS

Does the Am Law 100 Even Matter Right Now?

Netflix Chief Legal Officer David Hyman Made $8.1M Last Year

'A Miscarriage of Justice': Court of Appeal Reverses $13M Judgment Against UCLA

Ex-BNY Mellon Exec Says He Was Illegally Fired for Reporting Legal Issue to In-House Counsel

Health Care System General Counsel Talk About What They're Up Against in COVID-19 Pandemic

Legal Tech Trade Group Announces Layoffs, Furloughs

 

WHILE YOU WERE SLEEPING

CLOSED - U.K.-based Osborne Clarke is set to close its Hong Kong office at the end of June, just a year after the firm launched its brand there. Simon Lock reports that the law firm cited disruption and uncertainty triggered by the lengthy political protests compounded by the coronavirus pandemic as factors in the closure.

WHAT YOU SAID

"I feel like I'm drowning in email. As somebody who likes the social interaction at work, I feel very disconnected."

— Matthew Martens, partner at WilmerHale, who has recently challenged local restrictions amid the pandemic on church services for client First Liberty Institute, on what it's like working from home these days.

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