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The chief legal officer of Booz Allen Hamilton Holding Corp. earned nearly $3.5 million in total compensation in 2023, with the biggest portion consisting of stock awards, according to the company's annual securities filing late Thursday.
The governor of Vermont vetoed a legislative proposal that would have given consumers not only new data privacy rights but also the rare opportunity to sue large businesses for certain violations, and a multipart Delaware General Corporation Law amendment that would let boards cede some governance rights to big stockholders sailed through the state's Senate without debate or an opposing vote. These are among the stories in corporate legal news you may have missed in the past week.
This was another busy week for the legal industry as BigLaw firms expanded their reach and the U.S. Supreme Court term heated up. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Several law scholars who spoke with Law360 Pulse agree with the Fifth Circuit's recent decision not to adopt a proposed rule on the use of artificial intelligence in court filings and hope the decision will influence other courts to take a similar approach.
A healthcare data analytics company has beaten back its former general counsel's claim that he was underpaid due to his age, with a New York federal judge saying the ex-employee offered some evidence to support his Age Discrimination in Employment Act claim, but not enough.
Remitly has hired Google's former chief compliance officer to run global compliance and enterprise risk programs at the remittance service, bringing his experience that includes risk leadership positions at TD Ameritrade, Vanguard and Goldman Sachs.
After triggering rare public dissent, a multipart Delaware General Corporation Law amendment that would let boards cede some governance rights to big stockholders whisked through the state's Senate on Thursday without debate or an opposing vote, with a House vote expected as early as next week.
Photronics Inc., maker of key components used in semiconductor manufacturing, said Thursday it has placed its general counsel of 14 years on paid administrative leave while it conducts an internal review.
The former top lawyer for Digital Currency Group has departed the cryptocurrency company to join professional services firm Manatt as a financial services partner based in New York, focusing on blockchain, emerging companies and venture capital, the firm announced Thursday.
Dentons announced that an attorney who previously spent over 25 years at the firm and its preceding organization rejoined its Los Angeles office as a partner in the capital markets practice, following several years of working as general counsel for lending companies.
HGGC, a private equity firm with some $6.9 billion in capital commitments, has tapped the former managing director of legal from Hellman & Friedman as the group's general counsel and chief compliance officer, the company announced Thursday.
As litigation becomes increasingly complex and budgetary constraints loom, most law firms and in-house legal teams are prioritizing modernization and artificial intelligence as ways to do more legal work for less, according to a new survey on Thursday.
A pair of legal operations professionals shared during a panel Wednesday that they use their companies' electronic billing systems to collect diversity, equity and inclusion data from retained U.S.-based outside counsel.
Demand for experienced congressional investigations attorneys is at an all-time high, leading to lateral hires and the launch of new practices as firms rush to compete with the handful of established oversight market leaders.
Congressional oversight is a strange beast: part litigation, part politics and part public relations. Oversight veterans spoke to Law360 about what the process looks like and the many pitfalls they try to avoid.
Just 15 years ago, congressional investigations were barely regarded as a full-on practice area, even in the D.C. legal world. The 2008 financial crisis — and a few pioneering attorneys — changed all of that.
Exxon Mobil Corp. has chosen the general counsel of Fox Corp. as its next top lawyer, replacing Craig Morford, who has announced his retirement effective July 1, as vice president, general counsel and secretary.
Adams and Reese LLP has hired a former Atlas Air Inc. labor and employment counsel, who is joining the firm in Washington, D.C., to grow the firm's newly launched aviation and aerospace team, the firm announced Wednesday.
In debunking a familiar quote shared by Apple's Steve Jobs and comparing working with colleagues to being NFL teammates, 2024 law school commencement speakers asked their future legal colleagues to allow space for their career aspirations to change and not underestimate the impact they can make — both individually and as a community.
Val Ilchenko, the general counsel and chief privacy officer of software company TrustArc, knew early on that he wanted to become an in-house tech attorney, so he chose a "pragmatic" path to get there.
The general counsel at California-based health technology company Masimo Corp. earned around $3.3 million in total compensation for fiscal year 2023, according to a recent U.S. Securities and Exchange Commission statement.
FisherBroyles LLP announced Tuesday it has recruited a legal ethics partner who formerly led the law firm industry practice at Moses & Singer as the firm's new general counsel.
The U.S. Securities and Exchange Commission is again urging a New Jersey federal court to levy a roughly $1.1 million civil penalty on a former Apple Inc. senior attorney who already pled guilty and was sentenced for criminal charges related to a lucrative insider trading scheme.
The firm behind decentralized marketplace Uniswap has brought on a senior Coinbase attorney and seasoned litigator to helm its legal operations as it stares down a potential enforcement action from the U.S. Securities and Exchange Commission.
Procopio Cory Hargreaves & Savitch LLP has named a Silicon Valley-based partner as leader of its intellectual property litigation team, whose 40 years of legal experience includes an in-house role at Oracle Corp.
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Ask A Mentor: How Can I Negotiate My Separation Agreement?Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
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Ask A Mentor: How Do I Relay Shortcomings To Associates?Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
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Ask A Mentor: How Can New Partners Generate Business?Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.