Wake Up Call: Delaware Attorneys ‘Agonising’ About Law Proposals

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

• “Powerful Delaware lawyers” are “agonising” about their state’s business future because of proposed changes to the Delaware General Corporation Law. Tesla co-founder Elon Musk has been railing against the law since a judge “nullified” his $56 billion pay package from 2018. (Financial Times)
• Keating Muething & Klekamp, one of Cincinnati’s biggest firms with 240 employees, has “doubled down” on its downtown office space by signing a 10-year lease renewal at its One East Fourth Street address. “We feel like there’s a benefit to being here, and we love being part of the community,” said managing partner Alan Fershtman. (Cincinnati Business Courier)
• An “eye-opening” 74% of US residents say America’s system of democracy is “weaker than it was five years ago,” according to an ABA civic literacy survey, due in part to the spread of “misinformation and disinformation.” A sobering 63% of respondents said the general public isn’t informed about “how democracy works.” (American Bar Association)

Laterals, Moves, In-house

• Emily Gordy has joined King & Spalding as a partner in the special matters and government investigations practice group in Washington, D.C. She joins from McGuireWoods.
• Martin Stratte has joined Hunton Andrews Kurth in the California environmental and litigation practices in the San Francisco office.
• Gwendolyn Williamson has joined Faegre Drinker as a partner in the investment management practice group in the Washington, D.C.
• Matt Whited has joined Greenberg Traurig as a shareholder in the Chicago office. He joins from Kirkland & Ellis.
• Bob Coffield has joined Nelson Mullins Riley & Scarborough as a partner with the corporate practice group in Huntington, W.Va. He previously practiced at Flaherty Sensabaugh Bonasso PLLC.