Big Law Can Still Charm Summer Associates: The Morning Minute
The news and analysis you need to start your day.
September 26, 2023 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
COOL FOR THE SUMMER - You've got to hand it to large law firms: they know how to turn on the charm when it counts. This year, another summer associate class has returned to law school believing life as a junior Big Law attorney is more like the Copacabana scene in "Goodfellas" and less like the part where Henry's worried about getting whacked. As Law.com's Dan Roe reports, The American Lawyer's 2023 Summer Associate Satisfaction Survey polled 3,471 summer associates from more than 70 law firms and found that most walked away from the experience more satisfied and optimistic than the vast majority of young lawyers feel by the time they respond to TAL's Midlevel Associates Survey.
NO GUARANTEES - In Big Law, as in the NFL, guaranteed money for multiple years is rare—and, according to some legal industry recruiters, might be getting even rarer. Only a little more than one in 10 lateral partners in a survey published this year said they'd received pay guarantees for more than two full years. Industry observers told Law.com's Andrew Maloney that, while such agreements can offer some certainty and help each party get acclimated to the other, they can also signal a lack of buy-in or, worse, foster resentment among partners.
ON THE RADAR - Baker Donelson and Baker Botts have stepped in as defense counsel to Ultragenyx Pharmaceutical in a lawsuit filed Aug. 10 in Maryland District Court filed by Seeger Weiss, Ben Crump Law and the Law Offices of Kim Parker. Plaintiff Ron L. Lacks is the representative of the Estate of Henrietta Lacks, an African-American woman whose cancer cells are the source of the first immortalized human cell line and have led to medical innovations. The suit alleges the defendant commercialized her genetic material despite it being taken without her consent or knowledge at Johns Hopkins Hospital in 1951. The case, assigned to U.S. District Judge Deborah L. Boardman, is 1:23-cv-02171, Lacks v. Ultragenyx Pharmaceutical Inc. Stay up on the latest state and federal litigation, as well as the latest corporate deals, with Law.com Radar.
|
EDITOR'S PICKS
|
|
|
This content has been archived.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 All
Companies' Dirty Little Secret: Those Privacy Opt-Out Requests Usually Aren't Honored
The Coming of Trump's Judicial Picks Spurs Liberals to Press for Biden's
Court Rules Mere Conduit Defense Not Suitable for a Motion to Dismiss
6 minute readLaw Firms Mentioned
Trending Stories
- 1Which Outside Law Firms Are Irreplaceable, and Which Should Have Gotten the Ax Years Ago?
- 2Two Tesla Shareholder Cases in Del. Chancery Court Consolidated
- 3Your Opinion Matters: Annual Managing Partner Survey
- 4Civility for the New Generation
- 5The Future of Law: Harnessing AI Without Compromising Integrity
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
