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In-House
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Albertsons GC's Compensation Topped $4.7M In First Year
Albertsons Cos. Inc.'s general counsel earned roughly $4.7 million during his first year in the role, mostly due to stock awards, a public filing says.
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Ousted Paramount GC Gets Over $6M In Severance
When Christa D'Alimonte leaves Paramount Global Inc. as its general counsel Friday amid a major cost-cutting initiative, she will take a severance package worth about $6 million, plus various medical and other benefits, recent security filings showed.
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Kansas State GC To Join Fordham University In August
The vice president of legal affairs and general counsel at Kansas State University will begin working at Fordham University as vice president and general counsel in mid-August, Kansas State announced Friday.
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Packers' Board Appoints GC As Team's CEO, Chair
The Green Bay Packers on Monday named the franchise's general counsel as its next chair, president and CEO, effective next summer.
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The Most Surprising Aspect For GCs So Far In 2024? AI
This month, Law360 Pulse asked general counsel what has surprised them so far in 2024. Artificial intelligence was front of mind for many attorneys heading into the year, with the technology's rapid growth and expanding influence forming a common thread among the responses.
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Legal Ops Co. Ruli Emerges From Stealth Mode With $2.2M
A new legal operations platform unveiled on Monday what it touts as the ultimate artificial intelligence tool for in-house legal teams and announced a $2.2 million pre-seed round.
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Biz Leaders, Attys Worry AI Regs Are Insufficient, Create Risk
Most corporate executives and top lawyers are concerned that current regulations on generative artificial intelligence are inadequate and leave them exposed to risk, according to a new report by Berkeley Research Group LLC.
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GC Cheat Sheet: The Hottest Corporate News Of The Week
Workers have filed a new suit accusing Tesla of failing to stop racist behavior and sexual harassment in two California factories, despite previous lawsuits. And the former head of AIG's Legal Operations Center has lost his appeal on his claim that he was fired in retaliation for pointing out alleged fraud. These are some of the stories in corporate legal news you may have missed in the past week.
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Insurance Biz Appoints GC As New Chief Operating Officer
Insurance company Mapfre USA announced Friday that its general counsel will take over as its chief operating officer on Aug. 1.
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Ex-Cognizant Execs Keep Pushing For Debevoise Testimony
Former Cognizant Technology Solutions executives have pushed back on Debevoise & Plimpton LLP's bid to quash a subpoena seeking testimony from a firm partner for their upcoming bribery trial in New Jersey federal court, saying that the testimony would be relevant and that any potential privilege arguments have already been waived.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the end of spring with another busy week for courts, law firms and attorneys. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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SEC Official Seeks To Ease Concerns Over Cybersecurity Rule
The director of the U.S. Securities and Exchange Commission's corporation finance division reassured public companies on Thursday that the agency's recently adopted rule requiring them to make certain disclosures regarding material cybersecurity incidents does not prohibit them from sharing additional details with third parties.
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FordHarrison Adds Employment Attys In NJ, Nashville
Employment firm FordHarrison LLP announced that it hired a pair of experienced attorneys as partners in its offices in Nashville, Tennessee, and Berkeley Heights, New Jersey.
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Aspen Technology CLO To Resign; Deputy Taking Interim Gig
The top lawyer at Massachusetts-based software developer Aspen Technology announced Tuesday he will resign in late July after about a year and a half as chief legal officer there, with the company's associate general counsel taking over as interim CLO.
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2nd Circ. Affirms AIG's Win In Ex-Atty's Retaliation Suit
A former legal executive's retaliation lawsuit against American International Group Inc. has fizzled out as the Second Circuit on Thursday upheld an earlier ruling that found he was not fired for blowing the whistle on alleged fraud.
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After Merger Crash, Paramount GC Follows CEO Out The Door
Amid sweeping cost-cutting and reorganization, Paramount Global Inc. general counsel Christa D'Alimonte is leaving the company June 28 and being replaced by her deputy.
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In-House AI Startup Wordsmith Raises $5M Seed Round
Wordsmith, which developed an artificial intelligence workplace for in-house lawyers, secured a $5 million seed investment on Thursday.
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Organ Donor Network CLO Finds Meaning In Healthcare Space
Emy Trende has spent most of her career so far as a healthcare attorney, which she told Law360 Pulse is an “honorable responsibility.” But, she added, it’s also a challenge to compartmentalize the legal role from the emotion. Here, the top lawyer at the United Network for Organ Sharing talks about how being an attorney has helped her navigate the healthcare system in her personal life.
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Biotherapeutics Co. Hires Seasoned Atty As General Counsel
Boston-based biotherapeutics company Seaport Therapeutics announced Tuesday that a life sciences and corporate attorney with more than two decades of experience in-house and in private practice was named its new general counsel.
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Online Marketplace Artsy's General Counsel Promoted To CEO
Online art marketplace Artsy announced its chief financial officer and general counsel Jeffrey Yin has been elevated to chief executive officer following his predecessor's decision to leave the company this summer.
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Gene Therapy Co. Taps Experienced Bioscience Legal Chief
Kriya Therapeutics Inc., which develops gene therapies to address common diseases, said Tuesday it has chosen a veteran bioscience general counsel to be its chief legal officer.
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Cooley Adds Ex-Kirkland Global Fund Formation Atty In NY
Cooley LLP has expanded its fund formation practice with the addition of an experienced fund formation attorney who previously worked at Kirkland & Ellis LLP and founded a venture advisory group for asset managers.
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What Attorneys Really Think About Their Profession
Law360 Pulse asked respondents to our Lawyer Satisfaction Survey for their thoughts on misconceptions about being a lawyer, what the best parts of the job are and what they would tell newer lawyers. Here's what they said.
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Are Attorneys Happy On The Job?
The legal industry is notoriously high-pressure and competitive. But most attorneys report high levels of job satisfaction, even with pervasive stress in the profession, according to a new survey.
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Attys Aren't Loving Their Firms' Tech. AI Aims To Change That.
Lawyers' satisfaction with their firms' investment in technology has declined over the past year, a new Law360 Pulse survey shows, but new artificial intelligence tools could provide a solution.
Expert Analysis
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Series
Ask A Mentor: What Makes A Successful Summer Associate?
Navigating a few densely packed weeks at a law firm can be daunting for summer associates, but those who are prepared to seize opportunities and not afraid to ask questions will be set up for success, says Julie Crisp at Latham.
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How To Successfully Market Your Summer Associate Program
Law firms can attract the right summer associate candidates and help students see what makes a program unique by using carefully crafted messaging and choosing the best ambassadors to deliver it, says Tamara McClatchey, director of career services at the University of Chicago Law School.
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Opinion
Judges Deserve Congress' Commitment To Their Safety.jpg)
Following the tragic attack on U.S. District Judge Esther Salas' family last summer and amid rising threats against the judiciary, legislation protecting federal judges' personal information and enhancing security measures at courthouses is urgently needed, says U.S. District Judge Roslynn Mauskopf, director of the Administrative Office of the U.S. Courts.
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Series
Ask A Mentor: How Can Recalcitrant Attys Use Social Media?
Social media can be intimidating for reluctant lawyers but it can also be richly rewarding, as long as attorneys remember that professional accounts will always reflect on their firms and colleagues, and follow some best practices to avoid embarrassment, says Sean Marotta at Hogan Lovells.
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Keys To Digitizing Inefficient Contract Management Processes
Neville Eisenberg and Mark Grayson at BCLP explain how they sped up contract execution for one client by replacing email with a centralized, digital tool for negotiations and review, and how the principles they adhered to can be helpful for other law firms looking to improve poorly managed contract management processes.
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Series
Ask A Mentor: How Can Firms Coach Associates Remotely?.jpg)
Practicing law through virtual platforms will likely persist even after the pandemic, so law firms and senior lawyers should consider refurbishing their associate mentoring programs to facilitate personal connections, professionalism and effective training in a remote environment, says Carol Goodman at Herrick Feinstein.
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How Law Firms Can Welcome And Celebrate Autistic Lawyers
As the U.S. observes Autism Acceptance Month, autistic attorney Haley Moss describes the societal barriers and stereotypes that keep neurodivergent lawyers from disclosing their disabilities, and how law firms can better accommodate and level the playing field for attorneys whose minds work outside of the prescribed norm.
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Law Firm Tips For Evaluating AI And Machine Learning Tools
Many legal technology vendors now sell artificial intelligence and machine learning tools at a premium price tag, but law firms must take the time to properly evaluate them as not all offerings generate process efficiencies or even use the technologies advertised, says Steven Magnuson at Ballard Spahr.
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A Call For Personal Accountability On Diversity And Inclusion
While chief legal officers are increasingly involved in creating corporate diversity, inclusion and anti-bigotry policies, all lawyers have a responsibility to be discrimination busters and bias interrupters regardless of the title they hold, says Veta T. Richardson at the Association of Corporate Counsel.
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Learning How To Code Can Unleash New Potential In Lawyers
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
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Supporting Associates Amid Pandemic's Mental Health Toll
As junior associates increasingly report burnout, work-life conflict and loneliness during the pandemic, law firms should take tangible actions to reduce the stigma around seeking help, and to model desired well-being behaviors from the top down, say Stacey Whiteley at the New York State Bar Association and Robin Belleau at Kirkland.
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Series
Ask A Mentor: Should My Law Firm Take On An Apprentice?.jpg)
Mentoring a law student who is preparing for the bar exam without attending law school is an arduous process that is not for everyone, but there are also several benefits for law firms hosting apprenticeship programs, says Jessica Jackson, the lawyer guiding Kim Kardashian West's legal education.
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The Importance Of Client Engagement In Law Firm Innovation
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
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The Unique Challenges Facing Women-Owned Law Firms
In addition to establishing their brand from scratch, women who start their own law firms must overcome inherent bias against female lawyers and convince prospective clients to put aside big-firm preferences, says Joel Stern at the National Association of Minority and Women Owned Law Firms.
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The Pursuit Of Wellness In BigLaw: Lessons From My Journey
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Jane Jeong at Cooley shares how grueling BigLaw schedules and her own perfectionism emotionally bankrupted her, and why attorneys struggling with burnout should consider making small changes to everyday habits.