Photo: Rabbit_Photo/Shutterstock.com What Is New Law? The Definition Can Be Broad, but It's All About Value
While most agree that New Law provides a large umbrella, it's also one with a purpose: augmenting and supporting the traditional path of law with increased value.
August 05, 2020 at 05:00 AM
10 minute read
The original version of this story was published on Law.com
The legal business world in many ways is one of a rotating set of buzzwords. Practice areas are cleverly named, director and leader titles are pointedly given, and strategy shifts are regularly framed in "innovative" and "cutting-edge" terms. But sometimes, what results is confusion about what a term actually means—when everybody has a different definition of a term for their own purposes, that term loses some of its meaning.
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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.
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