With No Commute, Lawyers Find It Hard to Leave Work | Why More Firms Are Suing Their Clients for Nonpayment | Merger Would Create World's Largest Spanish-Language Media Company: The Morning Minute
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April 15, 2021 at 06:00 AM
5 minute read
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WHAT WE'RE WATCHING
OFF THE RAILS - For many lawyers, the daily commute has gone from a 30-minute train or car ride into the city to a 30-second walk down the hallway. But while that may seem like an obvious notch in the "life" column of the work/life balance sheet, the reality is more complicated, Law.com's Patrick Smith reports in part 2 of "On the Clock," a series about how lawyers' work habits have changed in the age of remote work. For many, the commute functioned as a divider between work life and home life, even if it did mean rubbing elbows with that guy whose headphones were so loud you could hear every word of "Careless Whisper." With that buffer gone, it's easy for the workday to bleed into the rest of the day (and night). "I like the demarcation between work and home," said Virginia Milstead, a litigation partner in Skadden, Arps, Slate, Meagher & Flom's L.A. office. "During the pandemic, I felt like I was always at work at home. It's been harder to compartmentalize." Still, the idea of going fully back to the daily commute is not exactly thrilling either. "I don't hate the idea of a commute again," said Bianca Madrigal, a business development manager at Stroock & Stroock & Lavan in Manhattan. "I just don't want to do it five days a week."
OUTSTANDING CLIENT SERVICE - Conventional wisdom says it's dangerous to lend money to family and friends because things could get awkward if they don't pay you back. Unfortunately, as close as you may be with your clients, monetary transactions are kind of an essential part of the relationship. Still, when clients don't pay their bills, the awkwardness can set it in quickly—and that often leads to unrealized collections. But, as Law.com's Justin Henry reports, that may be changing. Economic pressures accelerated by the COVID-19 pandemic have forced many law firms into difficult conversations with clients, as they aim to balance flexibility during an economic downturn with their own budgetary constraints. The result is that an increasing number of firms are going from serving their clients to serving their clients with lawsuits. "Partners are under pressure to bring in as much money as they can, and that has led to more aggressive behavior in terms of fee collections and those kinds of disputes," said Ronald Minkoff, a litigation group partner at Frankfurt Kurnit Klein & Selz, who represents law firms in fee collections disputes.
MEDIA MEGAMERGER - Grupo Televisa S.A.B. and Univision Holdings Inc. announced a merger agreement to create the largest Spanish-language media company in the world. The transaction, announced April 13, is expected to close in 2021. Televisa was advised by Wachtell Lipton, Rosen & Katz; Pillsbury Winthrop Shaw Pittman; and Mijares, Angoitia, Cortés y Fuentes S.C. Univision was advised by Paul, Weiss, Rifkind, Wharton & Garrison; Sidley Austin; and Covington & Burling. Investors included SoftBank Latin America Fund and The Raine Group, and were advised by Cleary Gottlieb Steen & Hamilton and Pillsbury, respectively. Stay up on the latest deals and litigation with the new Law.com Radar.
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EDITOR'S PICKS
Remote Work Has Permanently Altered Law Firm Life, for Better and for Worse By Christine Simmons A Bar Exam Rebound? Average MBE Score Recovers After Hitting Historic Low Last February By Karen Sloan All Eyes on Utah: Launching the 'First Nonlawyer-Owned' Law Firm By Alaina Lancaster Lawyers Revising Roundup Settlement as Approval Hearing Looms By Amanda Bronstad Remote Work Is Here to Stay. Here's Your Guide to What That Means for the Future. By Law.com Contributing Editors|
WHILE YOU WERE SLEEPING
COMMISSION OF OFFENSE - U.K. lawyers are not happy with the EU Commission's decision to block the U.K. from joining the Lugano Convention, a legal cooperation pact that would ensure the U.K. continues to get mutual recognition of court judgments in Europe, Law.com International's Meganne Tillay reports. Robert Gardener, director of government affairs within the Hogan Lovells global regulatory practice, said the Commission has made its decision "based on a mixture of politics and constitution," which now means everyone will need to "wait a little longer before seeing a much-needed spritz of the relationship between either side of the English Channel." James Palmer, senior partner at Herbert Smith Freehills, meanwhile, said the Commission is improperly treating the Lugano Convention as a trade law issue when it's really a consumer rights measure. "Lugano is all about providing better justice to citizens of member countries," he said.
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WHAT YOU SAID
"We're not going to remember last year based on the fact that the financial numbers were on every measure the best they ever were. We're going to remember that we came together, that we respected our people, that we didn't do across-the-board layoffs."
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Law Firms Mentioned
- Stroock & Stroock & Lavan
- Frankfurt Kurnit Klein
- Cleary Gottlieb Steen & Hamilton
- Greenberg Traurig
- Hogan Lovells
- Pillsbury Winthrop Shaw Pittman
- Sidley Austin
- Skadden, Arps, Slate, Meagher & Flom LLP
- Covington & Burling
- Herbert Smith Freehills LLP
- Wachtell, Lipton, Rosen & Katz
- Paul, Weiss, Rifkind, Warton & Garrison
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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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