The Harvard Law School Corporate Governance Blog provides a thoughtful post that discusses recent and older Delaware decisions regarding the standards that are used to select lead counsel in class actions, especially those challenging proposed mergers. In addition to addressing the multi-jurisdictional litigation issue, the post presents a useful review of recent unreported decisions from the Delaware Court of Chancery on this topic, and concludes with a proposal for a new approach that it suggests for the courts to use in selecting lead counsel in class actions.