Josh Kubicki of Bold Duck Studio and University of Richmond School of Law. Courtesy Photo Two Critical Knowledge Gaps Crippling Innovation Efforts
This practice group's situation is complex and challenging as they are losing money on half of their matters for their largest clients and many of their profitable clients are signaling that this group's competitors are edging them out by offering more interesting and valuable approaches at better rates.
September 24, 2020 at 11:25 AM
11 minute read
"You've stunned us into silence." A brave statement uttered by the practice group co-leader after a few uncomfortable minutes of silence on a call with partners from an AmLaw 100 firm. She was reacting to what she just learned and heard for the very first time in her 10 years at the firm. What she and the other lawyers on the call just experienced shouldn't have been remarkable or stunning in any way. But it was. And similar episodes like this play out in various ways across our profession from small law to BigLaw.
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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.
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