How to Spot the Rainmaker: The Morning Minute
The news and analysis you need to start your day.
October 25, 2023 at 06:00 AM
3 minute read
Law Firm Partners
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WHAT WE'RE WATCHING
WHAT MAKES A RAINMAKER? - So, you want to be (or hire) a rainmaker? The "Rainmaker Genome Project," from Intapp and DCM Insights, set out to determine the traits of professionals who actively drum up business by surveying nearly 1,800 partners from 23 professional services firms, classifying their traits in five categories: "activator," "expert," "confidant," "debater" and "realist." Matt Dixon, founding partner of DCM, told Law.com's Patrick Smith that the activator exhibits a series of characteristics that make their business development efforts successful. "They are network builders, virtually and live," he said, but added that what really makes activators effective is being proactive and consistent about business development.
FUNNELING INTO FUNDING - The roughly three dozen law clerks who emerge each year from working alongside a justice of the U.S. Supreme Court have a ticket to the top of the legal profession. Traditionally, that has meant prestigious government positions or lucrative law firm jobs. But, as Law.com's Jimmy Hoover reports, over the last two decades a group of ex-law clerks, including some former Supreme Court clerks, have chosen to enter the emerging industry of litigation finance. "It's a path that wasn't available 20 or 30 years ago, largely because in the U.S., this as an asset class or industry didn't exist at that time," said Travis Lenkner, a former SCOTUS clerk who became an early player in the litigation finance market.
ON THE RADAR - Boston Market and other defendants were hit with an employment class action Oct. 20 in Colorado 1st Judicial District for Jefferson County. The lawsuit, filed by attorneys Alexander Hood and Brianne Power, accuses the defendants of failing to pay lawful wages and engaging in deceptive trade practices. Counsel have not yet appeared for the defendants. The case is 2023CV031405, Busby v. Boston Market Corporation. Stay up on the latest state and federal litigation, as well as the latest corporate deals, with Law.com Radar.
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EDITOR'S PICKS
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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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