Delaware Judge Addresses Corporate Law Unpredictability Concerns

Welcome to the legal news of the day. Here’s the breakdown of the most engaging and insightful stories affecting lawyers, law firms, and in-house counsels globally.

Recently at the Tulane Corporate Law Institute, a notable Delaware judge countered the claim put forth by some attorneys regarding the seeming unpredictability of the state’s corporate law court. Vice-Chancellor Travis Laster of the Delaware Court of Chancery expressed his perspective on the matter, stating: “If the kvetching sessions at Tulane…taught us anything, it’s that many people are exercised about these issues and want greater certainty and additional answers.” For more on this story, see the report from the Financial Times.

In career progression news, Wachtell partner Jake Kling reflects on how a clerkship for a federal judge in Manhattan was an enriching and formative experience for him. While serving as a clerk, the judge required his apprentices to take an unyielding stand on every case and then defend it. Kling found this experience invaluable in his subsequent legal career. Learn more about his insights on The Deal.

Meanwhile, Troutman Pepper and the University of Pennsylvania Carey Law School have partnered with the School District of Philadelphia’s law and mentorship program called Law Pathway. The program is designed to give aspiring attorneys a realistic insight into the legal profession, emphasizing that being a lawyer is more nuanced than what is often portrayed in popular media. To learn more about the initiative, visit CBS News.

Lastly, the 2016 recreational marijuana ballot initiative in Massachusetts paved the way for Holliston, Massachusetts lawyer Blake Mensing’s legal practice, focused on advising cannabis industry clients. Following the success of his legal practice, he decided to sell it and establish Coyote Cannabis Corp., a cannabis cultivation and manufacturing business he co-owns with his brother. Read more about his journey on Massachusetts Lawyers Weekly.

That’s all for today’s legal news. Stay tuned for more updates in the world of law.