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In-House
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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.
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Collegiality Is Now The Norm At Law Firms
In books, television shows, and perhaps a few news articles, law firms are dens of treachery — places where, as one California federal judge recently put it, "partners stab each other in the back every day and move on to the next one." But reality for most lawyers does not reflect that cynical view, Law360 Pulse's new survey shows.
Expert Analysis
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Series
Ask A Mentor: How Do I Balance Social Activism With My Job?
Corporate attorneys pursuing social justice causes outside of work should consider eight guidelines for finding equilibrium between their beliefs and their professional duties and reputation, say Diedrick Graham, Debra Friedman and Simeon Brier at Cozen O'Connor.
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Personality Tests And Machine Learning Applications In Law
Mateusz Kulesza at McDonnell Boehnen looks at potential applications of personality testing based on machine learning techniques for law firms, and the implications this shift could have for lawyers, firms and judges, including how it could make the work of judges and other legal decision-makers much more difficult.
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AI Is Reshaping Lawyering: What To Expect In 2024
The future of lawyering is not about the wholesale replacement of attorneys by artificial intelligence, but as AI handles more of the routine legal work, the role of lawyers will evolve to be more strategic, requiring the development of competencies beyond traditional legal skills, says Colin Levy at Malbek.
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Embrace Active Voice In Legal Writing — In Most Cases
Legal writers should strive to craft sentences in the active voice to promote brevity and avoid ambiguities that can spark litigation, but writing in the passive voice is sometimes appropriate — when it's a moral choice and not a grammatical failure, says Diana Simon at the University of Arizona's James E. Rogers College of Law.
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Series
Ask A Mentor: How Can I Help Associates Turn Down Work?
Marina Portnova at Lowenstein Sandler discusses what partners can do to aid their associates in setting work-life boundaries, especially around after-hours assignment availability.
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How AI Legal Research Tools Are Shifting Law Firm Processes
Although artificial intelligence-powered legal research is ushering in a new era of legal practice that augments human expertise with data-driven insights, it is not without challenges involving privacy, ethics and more, so legal professionals should take steps to ensure AI becomes a reliable partner rather than a source of disruption, says Marly Broudie at SocialEyes Communications.
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Data Source Proliferation Is A Growing E-Discovery Challenge
With the increased usage of collaboration apps and generative artificial intelligence solutions, it's not only important for e-discovery teams to be able to account for hundreds of existing data types today, but they should also be able to add support for new data types quickly — even on the fly if needed, says Oliver Silva at Casepoint.
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Bracing For A Generative AI Revolution In Law
With many legal professionals starting to explore practical uses of generative artificial intelligence in areas such as research, discovery and legal document development, the fundamental principle of human oversight cannot be underscored enough for it to be successful, say Ty Dedmon at Bradley Arant and Paige Hunt at Lighthouse.
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Why I Use ChatGPT To Tell Me Things I Already Know
The legal profession is among the most hesitant to adopt ChatGPT because of its proclivity to provide false information as if it were true, but in a wide variety of situations, lawyers can still be aided by information that is only in the right ballpark, says Robert Plotkin at Blueshift IP.
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Series
Ask A Mentor: How Can I Use Social Media Responsibly?
Leah Kelman at Herrick Feinstein discusses the importance of reasoned judgment and thoughtful process when it comes to newly admitted attorneys' social media use.
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Yada, Yada, Yada: The Magic Of 3 In Legal Writing
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Attorneys should take a cue from U.S. Supreme Court justices and boil their arguments down to three points in their legal briefs and oral advocacy, as the number three is significant in the way we process information, says Diana Simon at University of Arizona.
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How Firms Can Stop Playing Whack-A-Mole With Data Security
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In order to achieve a robust client data protection posture, law firms should focus on adopting a risk-based approach to security, which can be done by assessing gaps, using that data to gain leadership buy-in for the needed changes, and adopting a dynamic and layered approach, says John Smith at Conversant Group.
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5 Life Lessons From Making Partner As A Solo Parent
Laranda Walker at Susman Godfrey, who was raising two small children and working her way to partner when she suddenly lost her husband, shares what fighting to keep her career on track taught her about accepting help, balancing work and family, and discovering new reserves of inner strength.
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Series
Ask A Mentor: How Can I Turn Deferral To My Advantage?
Diana Leiden at Winston & Strawn discusses how first-year associates whose law firm start dates have been deferred can use the downtime to hone their skills, help their communities, and focus on returning to BigLaw with valuable contacts and out-of-the-box insights.
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How To Thrive As A New Legal Operations Manager
To make their first 90 days on the job a success, new legal operations managers should focus on several key objectives, including aligning priorities with leadership and getting to know their team, says Ashlyn Donohue at LinkSquares.