The Casualties of Big Law's Fall Bonus War; What Law Firm 'Culture' Really Requires; Insurer Sued Over 'Grossly Excessive' Auto Premiums During Pandemic: The Morning Minute
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September 28, 2020 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
BONUS BACKLASH – Bonuses! Awesome, right? I mean, what's not to like? Well… As Big Law continues to do battle by rolling out special fall associate bonuses in hopes of retaining top-performing young attorneys after a trying six months, questions are arising about whether firms may be exacerbating the problems they're trying to solve by attempting to throw money at them. In this week's Trendspotter column, we look at how trying to keep up with the Joneses during a global pandemic could potentially go wrong, from overlooking associates' anxieties (or making them worse) to overextending firms' finances.
CULTURE CLASH – One of the major mistakes law firms can make in the battle for talent— whether they're doling out bonuses or not—is underestimating the importance of feedback and transparency when communicating with young lawyers. It's all part of that thing called "culture" that firms love to say they have. As Patrick Smith reports, culture starts with leadership and how those in charge articulate decisions to the rest of their firms. "Leadership is about disappointing people," said Scott Westfahl, professor of practice and director of executive education at Harvard Law School. "That is the lens on it, and it is such a critical thing to understand. You are going to need to make changes as the world changes. The better you articulate who you are, why you are, the better you will be able to make principled decisions."
DRIVING UP RATES – Should policyholders have to shell out big bucks for accident protection when hardly anybody's on the road right now? That question's at the heart of a class action against American Family Insurance Company that lawyers at Ice Miller on Friday removed to Illinois Northern District Court. The suit alleges that the insurer is charging policyholders "grossly excessive" premiums given the reduction in automobile traffic due to the pandemic. The suit, filed by Romanucci & Blandin and John Sheehan Spadaro, Stay up to date on major litigation nationwide with Law.com's Legal Radar.
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EDITOR'S PICKS
Amy Coney Barrett, Supreme Court Nominee, in Her Own Words By Marcia Coyle
'Law Firms Simply Do Not Need the Physical Space They Currently Occupy': Taylor English's Chris Wilson on Why Offices Are Becoming Obsolete By Zack Needles and Vanessa Blum
Judge Denies Class Status for ICE Detainees Concerned About COVID-19 By P.J. D'Annunzio
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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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