Big Law Is Slowly Infiltrating Emerging Markets: The Morning Minute
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November 29, 2023 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
POND HOPPING - From Kirkland & Ellis kicking off a wave of elite firms moving into Salt Lake City to Holland & Knight becoming Nashville's largest law firm overnight, Big Law firms have set their sights on developing markets. As Law.com's Justin Henry reports, firm leaders see an advantage to being a big fish in the small pond of an emerging market. For example, Taft Stettinius & Hollister chairman Bob Hicks, whose firm has an office in seven of the nine largest Midwestern metropolitan areas, pointed to its Minneapolis location, which is the city's third largest at 160 lawyers. "What comes with that is a lot of community involvement. We represent the Vikings, the Minnesota Twins and the families behind them," he said. "Eighty percent of our business comes from local markets."
NOW YOU SEE IT, NOW YOU DON'T? - Whether your legal department is dabbling in generative AI or you attended Burning Man this past summer, right now you're concerned about one thing: are these hallucinations permanent? Organizations remain evenly split between those that expect to increase their use of genAI over the next year and those that are still waiting to decide, according to a new poll from Deloitte shared exclusively with Law.com's Cassandre Coyer. Some of the hesitation is tied to the legal risks that generative AI can bring to an organization, with 32% of respondents citing hallucinations—incorrect information presented as fact—as the biggest potential threat. But Jonathan Foster, managing director in discovery at Deloitte, said he expects those concerns to settle as professionals get more comfortable with AI tools.
ON THE RADAR - Goodwin Procter partner Douglas J. Kline has entered an appearance for New Balance Athletics Inc. in a pending patent infringement lawsuit. The action, which asserts nine patents, was filed Nov. 6 in Massachusetts District Court by Arnold & Porter Kay Scholer on behalf of Nike. The suit accuses New Balance of using Nike's Flyknit technology, a method of designing and manufacturing shoe uppers, without authorization. The case, assigned to U.S. Magistrate Judge Jennifer C. Boal, is 1:23-cv-12666, Nike, Inc. v. New Balance Athletics, Inc. Stay up on the latest state and federal litigation, as well as the latest corporate deals, with Law.com Radar.
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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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