Can Law Firms Fix the Leadership Gap Before It's Too Late?
The legal industry is facing a future of immense change, raising the bar for leadership. But most law firms lack adequate leadership training and development programs. For some, that could be a bad recipe.
September 01, 2020 at 07:47 PM
11 minute read
The original version of this story was published on The American Lawyer
When Scott Westfahl was a boy, he watched as his father climbed the ranks of the U.S. Navy. Every few years he'd get a new stripe, denoting a new level of leadership and responsibility. Each time, he was put through rigorous training to prepare him for his new role and give him the skills to succeed.
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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.
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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.
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