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February 11, 2020 | Delaware Business Court Insider

Stockholder Derivative Litigation Update

The Delaware Court of Chancery recently addressed a nearly unprecedented issue: the discovery and privilege implications of a special litigation committee's decision to hand over control of a company claim to a stockholder derivative plaintiff who initiated the claim and survived a motion to dismiss. As Joseph M. McLaughlin and Shannon K. McGovern discuss in this edition of their Corporate Litigation column, the framework established by the court to provide the plaintiff with the benefit of the SLC's work has expansive disclosure aspects and important boundaries to be understood by practitioners.
7 minute read
February 07, 2020 | The Recorder

On the Move: Tracking the Ins and Outs of California Lawyers

New hires and promotions from across the California legal market.
5 minute read
February 06, 2020 | The American Lawyer

Simpson Thacher Invests in Innovation, Hiring Prominent CKO Oz Benamram

Benamram will serve as Simpson Thacher's first chief knowledge and innovation officer.
3 minute read
February 06, 2020 | The American Lawyer

Is Guaranteed Compensation a Savvy Lateral Lure or an Unnecessary Risk?

Guaranteed pay packages can sway star recruits, but they also pile on risk for overeager firms.
10 minute read
February 04, 2020 | The American Lawyer

Irell & Manella Sees More Partner Exits Amid Practice Pivot

The shift in strategy comes as three partners jump to other firms, with more departures expected. "This is a real tipping point, this is the direction we're going in," one Irell lawyer said.
5 minute read
January 31, 2020 | Legaltech News

Orrick Becomes Third Big Law Firm to Invest in Reynen Court's App Store

Orrick's investment was made public Thursday, the day before Reynen Court announced its own commercial release, exiting the beta period that was launched last August.
3 minute read
January 30, 2020 | The Recorder

Orrick Invests in Newly Launched 'App Store' for Legal Tech

Orrick, Herrington & Sutcliffe is the third law firm to invest in the Reynen Court platform, after Clifford Chance and Latham & Watkins previously raised $7 million. 
3 minute read
January 30, 2020 | The American Lawyer

Orrick Pours Cash Into Reynen Court, Newly Launched 'App Store' for Legal Tech

The move makes Orrick the third law firm to invest in the platform, after Clifford Chance and Latham & Watkins helped raise $7 million. 
3 minute read
January 29, 2020 | The American Lawyer

Freshfields Says It Had No Deal With Recruiter Seeking Credit for Klingsberg Move

The firm said the effort to recruit Ethan Klingsberg from Cleary had been underway for "months" when Boston Executive Search Associates claimed to have made the introduction.
3 minute read
January 27, 2020 | The Recorder

IP Trio From White & Case, Fenwick Reunites at Axinn in SF

The hires fall in line with Axinn's lateral strategy of picking up recruits from Big Law firms where partnership is increasingly exclusive.
4 minute read

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