Credit: Zsolt/Adobe Stock How Effective are Legal Networks in the African Market?
Local firms are joining independent networks in an effort to remain competitive in the face of international competition, but not everyone agrees on their usefulness.
January 08, 2024 at 05:30 PM
6 minute read
Law Firm Management
One thing lawyers are excellent at is building relationships, not just with clients but also with colleagues in the industry. Law firms, by extension, leverage these "best friends" relationships and sometimes form networks to help them compete at the cross-border level.
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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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