The New Generation of Law Firm Leadership: The Morning Minute
The news and analysis you need to start your day.
August 27, 2021 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
IMMUNE SUPPORT - The U.S. Food and Drug Administration's full approval of the Pfizer-BioNTech coronavirus vaccine for people 16 and older could embolden more employers to require vaccination and certainly weakens employees' attempts to litigate the issue. Still, getting the COVID-19 shot is like attending a Zoom happy hour, just because you can force your employees to do it, doesn't necessarily mean you should. In this week's Law.com Litigation Trendspotter column, we look at how Pfizer's FDA approval has impacted the litigation landscape and why, despite the win for employers, attorneys still generally advise treading lightly when considering a vaccine mandate. I'm interested to hear what you think: should employers be mandating vaccines for their employees or do the potential cons—namely, harm to company culture and probable litigation—still outweigh the pros? Let me know at [email protected].
STRATEGIC PLACEMENT - Meet the new boss, same as the old boss? Maybe not anymore. As Lizzy McLellan writes in this week's Law.com Barometer newsletter, the latest examples of leadership changes and C-suite evolution at law firms suggest that at least some are taking a more thoughtful and open-minded approach to who drives organizational strategy. By representing historically underrepresented groups and expanding business-minded leadership roles, law firms are slowly but surely creating a new generation of industry leaders that looks much different from previous ones. "Strong law firms were built on a foundation of expert legal advice, which only lawyers can provide," McLellan writes. "But with that foundation in place, big corporate clients are now seeking more business-focused imperatives—true progress in diversity, equity and inclusion; forward-thinking legal service delivery and pricing arrangements; trusted advisers who can help them achieve their vision. That requires help from people who are experts in those areas. Some may be lawyers, but many are business professionals who have never practiced law." To receive the Law.com Barometer directly to your inbox each week, click here.
SIDE EFFECTS SUIT - Now back to controversial vaccines. Pharmaceutical companies McKesson and Merck were hit with a product liability lawsuit Thursday in New Jersey District Court in connection to their shingles vaccine Zostavax. The action, brought by Marc J. Bern & Partners LLP on behalf of Janet Bektashi, accuses the defendants of failing to warn consumers of the potential side effects of taking the vaccine. Counsel have not yet appeared for the defendants. The case is 3:21-cv-16133, Bektashi v. Merck & Co., Inc. et al. Stay up on the latest deals and litigation with the new Law.com Radar.
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EDITOR'S PICKS
|- Who Got the Work?: Pfizer Inks $2.3B Deal, Opioid MDL Leadership Named, Amazon Battles Consumer Class Action and More By ALM Staff
- After Scathing Sanctions Ruling, Kraken Lawyers Face Future Penalties By Jacquline Thomsen
- How I Made Office Managing Partner: 'Practice With Dignity and Be Loyal,' Says Pankit Doshi of McDermott Will & Emery By Tasha Norman
- Why the Autism Defense Failed in Charleston Shooter Dylann Roof's Appeal By Katheryn Tucker
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WHILE YOU WERE SLEEPING
SECONDEE SHORTAGE - Driven by ever-increasing workloads and pressure on in-house teams, client demand for secondees "has never been greater," according to Ciara Cullen, a London-based partner at professional services firm RPC. Cullen's view reflects those of several other law firm partners and GCs But, as Law.com International's Varsha Patel reports, there is a problem. As the pandemic sees both private practice and in-house teams stretched beyond capacity amid heightened deal activity—and with partner utilization skyrocketing—there is a shortage of associates and, thus, a shortage of available secondees. The result is that many clients are now feeling neglected and viewed as low priority compared with a handful of firms' largest clients. And several senior in-house lawyers believe there is one type of client in particular hogging most of the talent. As one telecom GC noted: "The banks are using [secondees] heavily at the moment, so they're grabbing all the City firms and sweeping up half my team." Now, there are fears the shortage will lead to strained relationships, as well as client and associate dissatisfaction.
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WHAT YOU SAID
"… [T]he FTC has been essentially asleep at the wheel for decades, she almost has to change it. She almost has to have very significant heads to hang on the wall."
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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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