NY Lawyers Fleeing to Connecticut; How Law Firms Transition Leadership; Corn Farmers File Antitrust Suit Over Ethanol Prices: The Morning Minute
The news and analysis you need to start your day.
November 12, 2020 at 06:00 AM
4 minute read
Want to get this daily news briefing by email? Here's the sign-up.
|
WHAT WE'RE WATCHING
ESCAPE FROM NEW YORK - Connecticut: concrete jungle where dreams are made of. Well, maybe not quite. But with COVID-19 making NYC feel a tad claustrophobic, New Yorkers are fleeing to the Constitution State in droves—and that includes lawyers, Robert Storace reports. Andy Corea, incoming managing partner at Murtha Cullina in New Haven, said his firm has had "two to three times more quality resumes from New York City since the pandemic." But it's not just the close quarters prompting lawyers to make a change. "About eight months of working remotely has shown some attorneys that they don't need to be physically in New York City to thrive," Corea said. "Meetings are being done remotely, and business development is being done remotely, and people are communicating by video links. They are comfortable with their clients, and can continue to succeed even when they don't have that physical presence in Manhattan." Not to mention, Corea added, that billing rates are substantially lower.
MEET THE NEW BOSS - The U.S. may currently be in the middle of a septuagenarian "Game of Thrones" reboot, but transitions of power don't have to be messy. In fact, as Patrick Smith reports, a number of law firms have perfected the art of the smooth, thought-out and process-driven leadership change, recognizing that anything less can lead to hurt feelings, low morale and even departures. Unlike political elections or corporate changes, most firms don't clean house when a new leader is appointed, which makes buy-in from the partnership particularly important. For example, Bruce McLean, former longtime chair of Akin Gump Strauss Hauer & Feld and current consultant at Zeughauser Group, said that when the firm transitioned from him to current chair Kim Koopersmith, it wanted to make sure the partners, in addition to the management committee, had their say in the matter. But rather than hold a contested (and possibly contentious) election, McLean said, the firm hired Zeughauser Group to design an orderly transition process.
CREAMED CORN - Archer Daniels Midland, the agricultural and commodities trading company, was hit with an antitrust lawsuit yesterday in Illinois Central District Court. The 63-page complaint accuses the defendant of manipulating and artificially depressing the price of ethanol in the U.S. The case was brought by Michael Best & Friedrich and Levin Sedran & Berman on behalf of United Wisconsin Grain Producers, Ace Ethanol and other local and regional corn farmers who claim ADM's actions hurt their businesses. Counsel have not yet appeared for the defendant. The case is 2:20-cv-02314, United Wisconsin Grain Producers LLC et al v. Archer Daniels Midland Company. Stay up on the latest litigation with the new Law.com Radar.
|
EDITOR'S PICKS
How Crafty: Law Firms That Promote Diversity and Voter Suppression!
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllSo You Want to Be a Tech Lawyer? Consider Product Counseling
Federal Judge Weighs In on School's Discipline for 'Explicitly Copying AI-Generated Text' on Project
Trump and Latin America: Lawyers Brace for US's Hardline Approach to Region
BCLP Exploring Merger Prospects as Profitability Lags, Partnership Shrinks
Law Firms Mentioned
Trending Stories
- 1Judicial Ethics Opinion 24-68
- 2Friday Newspaper
- 3Judge Denies Sean Combs Third Bail Bid, Citing Community Safety
- 4Republican FTC Commissioner: 'The Time for Rulemaking by the Biden-Harris FTC Is Over'
- 5NY Appellate Panel Cites Student's Disciplinary History While Sending Negligence Claim Against School District to Trial
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.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250