"Is Delaware mostly the litigation battleground for transactional stuff handled elsewhere? Is there plenty of people in more sophisticated transactional work in the Delaware market?"
There's not a lot of attorneys that are admitted to the Delaware Bar, so it tends to be a much smaller market for what I do, but there's a lot of demand there. I don't know how a choice of law works and if people choose Delaware over New York City, for example, for litigation. I do believe that there is a lot of transactional work that does happen in Delaware, and there is a lot of demand for litigators there.
Every big firm is in Delaware. I think they actually have fairly significant litigation practices there. I think Sullivan & Cromwell or Skadden has litigation practice there as well, so there's a lot of very sophisticated work there. But I don't know the amount of the work. I do know that in terms of us making placements there and the demand for attorneys there, it tends not to be that large because even though there's a lot of very sophisticated work, it's a much smaller-type market.