Hogan Lovells. Courtesy photo. The Hogan Lovells '2,400 Hours Memo': Rational or Radical?
Many praise the firm for being open and honest about what is expected of its lawyers but others worry that it may offer false hope.
May 20, 2022 at 09:43 AM
8 minute read
Law Firm Management
Just days after news came to light about Hogan Lovells' '2,400 hours memo', the topic has become one of the most hotly debated in the industry.
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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.
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