These Associates Are About to Get Poached: The Morning Minute
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July 19, 2021 at 06:00 AM
5 minute read
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WHAT WE'RE WATCHING
GOING PLACES - It's 6 a.m.—do you know where your data privacy, corporate and insurance associates are? In a cutthroat talent market where rival firms are doing everything but plucking young lawyers off the street and whisking them away in unmarked vans, retention efforts have arguably never been more important. And, as Law.com's Patrick Smith reports, associates in the three aforementioned practice areas are among the hottest commodities right now—so hold on tight. According to data provided by legal data company Decipher, associates in data privacy are moving at a rate of 118% above the four-year first half average—the biggest jump in activity of any practice area. Corporate associates have seen a 78% increase in movement over the four-year average. And insurance associates are experiencing a 72% increase in hiring compared to the previous four years. What's more, there's no slowdown in sight. "We are seeing the most demand for M&A associates, and I haven't seen a significant slowdown, even into summer," said Stephanie Biderman, a partner in Major Lindsey & Africa's associate practice group. "We can also expect to see another uptick in the fourth quarter as firms prepare for 2022."
IN DEFENSE OF DEFENDERS - Watching judicial confirmation hearings and wondering why one party's nominees are being so harshly criticized by a rival party's senators is a little like watching old WWF reruns and wondering why Hulk Hogan and Andre the Giant keep hitting each other. To a large extent, it's simply in the script. But it's worth pointing out that public defenders, civil rights attorneys and defense lawyers, in particular, do tend to encounter a disproportionate amount of scrutiny during these proceedings. We're certainly seeing that dynamic play out right now as President Joe Biden tries to diversify the federal judiciary. But, as experts tell Law.com's Avalon Zoppo, this phenomenon is not new. "I don't remember it being so pointed in the past… (But) I do think the criticisms that I hear (now) are not not terribly different from what Republicans were saying in the '90s with Clinton, or 2009 with Obama," said University of Richmond law professor Carl Tobias, adding that there haven't been many people other than prosecutors and Big Law attorneys appointed to the federal bench. Still, that doesn't make it right, he added. "There's no guarantee because someone is a prosecutor or from Big Law, they'd be able to shed their advocacy any better than people being criticized right now. I just don't think there's much of an argument there," Tobias said.
SEARCHING FOR GARTH FISHER - Beverly Hills celebrity plastic surgeon Garth Fisher sued Rexford Surgical Institute Inc., Shapour Daniel Golshani and Malcolm Lesavoy for trademark infringement Friday in California Central District Court. Fisher, who is represented by Loeb & Loeb, accuses the defendants of using his name as a keyword in Google's AdWords program so that a web ad for their practice will be displayed when a Google user searches for "Garth Fisher MD." Counsel have not yet appeared for the defendants. The case is 2:21-cv-05795, Fisher et al v. Rexford Surgical Institute Inc et al. Stay up on the latest deals and litigation with the new Law.com Radar.
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EDITOR'S PICKS
| |- US Jury in Wisconsin Finds Walmart Liable for $125M in Disability Discrimination Case By Ellen Bardash
- 'Our Profession Cannot Long Endure a Remote Work Model,' Morgan Stanley CLO Tells Law Firms By Dan Packel, Patrick Smith, Dylan Jackson and Christine Simmons
- Law.com Litigation Trendspotter: Surveillance Video Spoliation Rulings Hold Hard Lessons for Defendants and Plaintiffs Alike By Zack Needles
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WHILE YOU WERE SLEEPING
LATAM LINK-UPS - U.S. law firms advised on more mergers and acquisitions deals related to Latin America in the first half of 2021 than they had in the same period of last year, as cross-border investment picked up both within the region and with counterparts in North America, Europe and Asia. Rodrigo Dominguez, a Houston-based M&A partner with White & Case, which took the top spot on Mergermarket's global M&A rankings for working on the highest value deals in the first half of 2021, told Law.com International's Amy Guthrie that low interest rates have helped drive cross-border investment in the region—especially in the infrastructure, energy and mining sectors. "Proven effectiveness of vaccines, coupled with record government support in some of the major world economies and regional pent-up demand, are contributing to a quicker-than-expected turnaround of the global economy. Latin America is no exception," Dominguez said.
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WHAT YOU SAID
"The perception from prospective clients and opposing counsel that my expertise and abilities changed by virtue of the overnight title change."
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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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