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Law firms are often eager to burnish their social responsibility credentials by leveraging their training and experience to help communities that don’t have the resources to pay BigLaw billing rates. See which firms are leading the pack in pro bono hours.
A continuing onslaught of legislation and litigation opposing corporate environmental, social and governance actions has created a fork in the road for law firms, with some choosing to scale back efforts and others pushing ahead with their internal ESG and diversity, equity and inclusion goals.
Law firms are being heavily scrutinized for their social responsibility efforts, with attorneys, clients and critics all pushing for accountability. Find out which firms made Law360 Pulse's list of firms that are taking the greatest strides on social responsibility.
To some, a recent report's finding that nearly 60% of legal department leaders expect a reduced reliance on outside legal service providers due to GenAI might be gloomy, but many lawyers view the innovations as a way for clients and counsel to strengthen their relationships.
Attorney discipline, much like the criminal justice system, is rarely a simple math equation where authorities can plug in a type of wrongdoing and an appropriate punishment is spit out.
When newly appointed general counsel Cynthia Adams signed off on TD Bank's whopping $3 billion penalty for money laundering on Thursday, the penalty became further evidence that financial institutions are among the companies that most often find themselves in the cross-hairs of enforcement agencies.
Etsy-counsel-turned-playwright Sarah Feingold wrote "Dirty Legal Secrets," opening in New York Oct. 17, based on dozens of true stories from in-house attorneys.
The former chief legal officer at natural gas company CSI Compressco LP joined Kean Miller LLP's Houston office as special counsel, according to a recent firm announcement.
Maryland-based mental-health care provider Sheppard Pratt announced that an experienced healthcare law attorney from Miles & Stockbridge PC was appointed its new general counsel.
Nancy Prosser stepped down as general counsel of the Multistate Tax Commission on Sept. 25, capping off a long career in the state and local tax field, mostly on the government side. Here, Law360 speaks to Prosser about her career as well as two key policy issues she has been instrumental in shaping.
Deputy Attorney General Lisa Monaco warned compliance officers that TD Bank's historic settlement this month with U.S. authorities over anti-money laundering violations should serve as a lesson, and a report found the country's BigLaw firms have accelerated their environmental sustainability efforts but lack in areas like diversity, equity and inclusion. These are among the stories in corporate legal news you may have missed in the past week.
Three outlier megadeals pushed funding for legal technology companies to $1.57 billion in the third quarter of 2024, up from $392.5 million in the same period last year, but the number of mergers and acquisitions fell by about 50%.
This was another action-packed week for the legal industry as BigLaw firms made a slew of hires and a state judge was admonished for lip synching "Jump" by Rihanna in a TikTok. Test your legal news savvy here with Law360 Pulse's weekly quiz.
TD Bank's historic settlement with U.S. authorities over anti-money laundering violations should serve as a warning for compliance officials and executives at banks across the country, Deputy Attorney General Lisa Monaco said Thursday.
The U.S. Securities and Exchange Commission on Thursday fined a California-based investment adviser that it said raised nearly $4 million through a series of false promises, including deceptive statements about artificial intelligence capabilities.
A former Citibank senior vice president and head of the bank's fair employment practices said Thursday she lost her job after becoming pregnant and suffering from pregnancy-related complications, accusing Citibank of discrimination.
Inflammatix Inc., a medical diagnostics company working on a novel testing technology, said Thursday that it has named a new general counsel and two other executives to help launch the new product once it receives final approval.
Pierson Ferdinand LLP announced Thursday that it has enlisted a former solo practitioner and experienced general counsel to grow its emerging companies and cannabis, hemp and CBD practices, areas the firm has targeted for investment.
Iroquois Gas Transmission System LP will begin the new year with a host of leadership changes, including the retirement of its general counsel-turned president.
A longtime Miller Nash LLP partner who formerly co-chaired the firm's sports law practice was named chief legal officer of the Seattle Sounders and Reign, the city's professional men's and women's soccer teams, according to a recent announcement.
New Jersey-based Peapack-Gladstone Financial Corp. on Wednesday announced the hire of an experienced banking attorney who most recently worked as a senior counsel for Metropolitan Commercial Bank.
Mobile game platform Skillz Inc. said in a Wednesday securities filing that it has appointed an established gaming attorney — with nearly 40 years of experience in private practice — to its board of directors.
If you're working, you might as well have fun doing it, Baldor Specialty Foods Inc.'s general counsel told Law360 Pulse during an interview this week, adding that having a sense of humor can calm everyone down and defuse tension.
Manchester United PLC has chosen one of its existing lawyers as general counsel following the departure of Patrick Stewart earlier in 2024, the club confirmed to Law360 Thursday.
UnitedLex Chief Executive Officer James Schellhase has left the role after just one year and is being replaced by general counsel Renee Meisel, the law firm-focused data and professional services company announced Thursday.
Black Americans make up a disproportionate percentage of the incarcerated population but are underrepresented among elected prosecutors, so the legal community — from law schools to prosecutor offices — must commit to addressing these disappointing demographics, says Erika Gilliam-Booker at the National Black Prosecutors Association.
Series
Ask A Mentor: How Can Associates Deal With Overload?Young lawyers overwhelmed with a crushing workload must tackle the problem on two fronts — learning how to say no, and understanding how to break down projects into manageable parts, says Jay Harrington at Harrington Communications.
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.
Series
Ask A Mentor: How Can Associates Seek More Assignments?In the first installment of Law360 Pulse's career advice guest column, Meela Gill at Weil offers insights on how associates can ask for meaningful work opportunities at their firms without sounding like they are begging.
In order to improve access to justice for those who cannot afford a lawyer, states should consider regulatory innovations, such as allowing new forms of law firm ownership and permitting nonlawyers to provide certain legal services, says Patricia Lee Refo, president of the American Bar Association.