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The general counsel of the Treasury Department, who held leadership roles in former President Joe Biden's Senate office, has returned to Davis Polk & Wardwell LLP to co-chair the practice he helped oversee for eight years before leaving for government, the firm announced Monday.
Ancora Holdings Group on Monday said it plans to make U.S. Steel "great again" by installing a new CEO and board at the company "committed to abandoning" the $14.9 billion proposed merger with Nippon Steel that was blocked by former President Joe Biden earlier this month.
Holding company LSS Strategic Partners has launched a new platform to match vetted lawyers with businesses requiring legal expertise on a temporary basis, the company announced Thursday.
Harter Secrest & Emery LLP has expanded its corporate law offerings in New York with the addition of the former general counsel for building materials maker PGT Innovations Inc. and co-general counsel for LendingTree.
A new Law360 Pulse survey shows that more than 90% of in-house counsel have no regrets about their decisions to join companies. In litigation stemming from Purdue Pharma's sales of OxyContin that fueled the opioid crisis, the Sackler family would lose control of Purdue and pay $6.5 billion in the latest proposed settlement. These are some of the stories in corporate legal news you may have missed in the past week.
The salary for Qualcomm Inc.'s legal head last year remained steady from the previous year while her total compensation increased by nearly $1.5 million, according to the company's recent U.S. Securities and Exchange Commission filing.
After earning just less than $11.7 million in 2023, Disney's top attorney is back to the level of compensation he earned after joining the company from Spotify in 2022 — receiving a pay package of $15.8 million in 2024.
The legal industry had another busy week as BigLaw firms shuffled practices and President Donald Trump began his second term with a flurry of policy changes and appointments. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Federal prosecutors in California arrested the former CEO of an artificial intelligence company Thursday alongside his lawyer wife, accusing the duo of a $60 million fraud scheme in which they allegedly lied to investors about the company's financial state and diverted funds to pay for their wedding.
Rosenberg & Estis PC has hired Lisa S. Lim, the general counsel of the New York City Public Housing Preservation Trust, as a member of a city-focused development team that's part of the firm's transactions department.
From an African studies student at Yale, to a Peace Corps volunteer in Cameroon, to a corporate general counsel, Anthony Joseph has lived his values and found his path.
As the first in-house counsel to lead the Dallas Bar Association, Vicki Blanton said her goals for the coming year include using some of her unique insight for the benefit of lawyers in the area.
The former deputy head of financial crimes at Bank of New York Mellon Corp. has recently left the company after nearly four years to join Fox Rothschild LLP's litigation team in the firm's Pittsburgh office.
While most attorneys have volunteered pro bono services at some point in their career, many lawyers are not meeting the American Bar Association's goal for every lawyer to provide 50 hours of pro bono work every year, and lack of time was the biggest discouraging factor, according to a recent report.
Delaware State University's general counsel has been nominated to serve as secretary of the state's Department of Labor, with new Gov. Matt Meyer calling his nominee "a proven leader" who advocates for workers' rights.
Opportunity Finance Network, a group of community development financial institutions, has hired a former general counsel for the Department of Housing and Urban Development as its top attorney, leading the group's advocacy, membership and financial intermediary functions, according to a Wednesday announcement.
Burr & Forman LLP announced Thursday that the former vice chancellor and general counsel of the University of North Carolina at Chapel Hill will join the firm at the start of March as its new chief operating officer.
A former in-house attorney for Equitrans Midstream Corp. who helped the natural gas supplier complete a $35 billion merger with EQT Corp. has left the company to join the McGuireWoods LLP's Pittsburgh office, the firm announced Thursday.
The former U.S. Department of Justice antitrust attorney who led the agency's successful challenge to a proposed merger between JetBlue and Spirit Airlines has joined Baker Botts LLP as a partner in the firm's Washington, D.C., office.
The former chief legal officer at family-oriented personal finance company Greenlight Financial Technology Inc. has rejoined Nelson Mullins Riley & Scarborough LLP in Atlanta to co-chair the firm's corporate practice group.
The new Republican head of the Federal Communications Commission has put together his team and named career officials to lead key branches of the agency.
Greenberg Traurig LLP has brought back the former chief legal officer for the Atlanta-area transit authority and has added a longtime former Bondurant Mixson & Elmore LLP partner in its Atlanta office, bolstering the firm's government law and policy and litigation practices.
The general counsel for advertising company The Interpublic Group of Cos. Inc. has been guaranteed a nearly $11.8 million golden parachute if he's terminated following the company's merger with marketing giant Omnicom Group Inc.
Law360 Pulse asked corporate counsel to identify some common misconceptions about working in-house and share their thoughts on the rewards and challenges of their jobs. Here's what they said.
It may once have been that the typical in-house lawyer worked a 40-hour week, but that no longer appears to be the case for many corporate counsel, with more than 40% reporting they exceed 50 hours at work each week in a recent survey by Law360 Pulse.
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.
Series
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.
Series
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.
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
Opinion
Law Firms Stressing Work-Life Balance Are Missing The MarkLaw firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.