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The beginning of proxy season is upon us, which means we can gain insight into compensation packages for public companies' legal chiefs. But how can lawyers, especially those stepping into their first general counsel role, be sure their own compensation is fair and reasonable?
Troutman Pepper Hamilton Sanders LLP is addressing the threat to businesses from cyberattacks and data breaches with a new incidents and investigations team led by firm veterans on both sides of the country with deep expertise in data security and privacy issues.
A Delaware vice chancellor has denied a three-firm leadership bid in stockholder litigation over alleged mismanagement at a medical clothing company because no First State attorneys were on the proposed lead counsel team.
Global equity platform Slice Global Inc., which uses artificial intelligence to ensure that companies issuing equity to international employees stay in compliance with laws and regulations, secured a $7 million seed funding round on Thursday.
The expansion of law firm footprints in North Carolina and Florida, a couple of homecomings in Minnesota and Sarasota, Florida, and the completion of a multimillion-dollar renovation in Houston were among some of the biggest real estate moves for law firms in February.
Even as the economy appears poised to pick up steam in 2024, BigLaw firms are still aggressively adding restructuring capabilities, with a number of recent lateral hires reflecting the glut of work still to be found in the practice area.
U.S. Bankruptcy Judge Craig T. Goldblatt is presiding over the Chapter 11 in Delaware of NanoString Technologies Inc. as the company moves forward with a possible sale of its assets.
DLA Piper announced Thursday that partner Richard Chesley will step into the newly created role of global managing partner to oversee the development of cross-border business initiatives and expansion of global relationships.
Class attorneys for minority shareholders of Autonomous Medical Devices Inc. who secured a $6 million settlement to resolve claims about a purportedly underpriced stock sale to an interest of Oracle founder Larry J. Ellison won court approval of the settlement Wednesday, along with a requested $750,000 fee award.
Both current and former government attorneys who take on private clients should look out for instances where their possession of "confidential government information" calls for them to be disqualified from representing a client, according to the latest guidance from the American Bar Association Standing Committee on Ethics and Professional Responsibility, released Wednesday.
The U.S. Trustee's Office has urged a Delaware bankruptcy judge to allow Robert Cleary, a former U.S. attorney who is now with Patterson Belknap Webb & Tyler LLP, to investigate FTX's finances as an examiner in the defunct cryptocurrency company's Chapter 11 case.
Mid-sized Ohio-based firm Benesch Friedlander Coplan & Aronoff LLP has become an attractive destination for a certain type of BigLaw lateral partner, attracting a notable number over the past six months from firms such as Kirkland & Ellis LLP and Jenner & Block LLP.
Major firm relocations in late 2023, including Paul Weiss Rifkind Wharton & Garrison LLP's December deal for a 20-year lease in a midtown Manhattan skyscraper, helped fuel the hottest legal office space market since before the COVID-19 pandemic.
McDermott Will & Emery LLP announced four new real estate practice leaders on Monday, elevating a longtime partner in Germany and three newer hires in the U.S.
Though his standing order on lawyers writing briefs using artificial intelligence — one of the first in the country to address the technology — is fairly broad, Judge Michael Baylson of the Eastern District of Pennsylvania says he's "not banning AI."
An agreement between Snapchat parent Snap Inc. and a class of shareholders to settle litigation that accused the social media platform of giving its founders too much voting power won Delaware Chancery Court approval Monday, but shareholder attorneys got just $4.5 million of the $6.6 million in fees that they sought.
A Delaware vice chancellor has publicly slammed stockholder attorneys who sought an $850,000 fee for "minuscule" hours spent on a corporate benefit case after a recent string of suits filed to police stockholder rights to separate class votes on company transactions.
Delaware-based Young Conaway Stargatt & Taylor LLP announced that it recently expanded to North Carolina with the opening of its third office location in Charlotte.
As would-be lawyers prepare to take the bar exam, testing accommodations for those who menstruate or lactate will vary by jurisdiction. In recent years, there's been a reckoning on state bar policies that affect women and transgender test-takers, but advocates say there's more to be done.
For middle-class Americans who may make too much money to qualify for legal aid services, affording an attorney to assist with civil matters like divorces and estate planning can still be a financial impossibility. The recently launched Above The Line Network, however, is on a mission to promote cost-conscious lawyering models to put legal services within economic reach for a big and underserved middle market.
A Delaware Chancery judge's rejection of Elon Musk's $55 billion Tesla pay package shows how a court historically viewed as corporate-friendly may be shifting, one of several trends executive compensation experts told Law360 they're seeing. Here are four issues executive pay lawyers should have on their radar.
Pryor Cashman's handling of a suit against Pandora over royalty payments and Nutter's work on a healthy-snacks company acquisition lead this edition of Law360 Pulse's Spotlight On Mid-Law Work, recapping the top matters for Mid-Law firms from Feb. 9 to 23.
Cunningham Bounds LLC leads this week's edition of Law360 Legal Lions, after the Alabama Supreme Court ruled that frozen embryos count as children.
Upward reviews, in which associates provide feedback on partners' performance as their managers, have become increasingly popular in the legal industry in recent years, but according to consultants who help implement them, the potential upsides can be muted if firms fail to avoid some common mistakes.
This was another busy week for the legal industry as law firms expanded their practices and attorneys made moves. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
As more law firms develop their own legal services centers to serve as both a source of flexible personnel and technological innovation, they can further enhance the effectiveness by fostering a consistent and cohesive team and allowing for experimentation with new technologies from an established baseline, say attorneys at Hogan Lovells.
Amid pandemic-era shifts in education, law schools and other stakeholders should consider the wide geographic and demographic reach of Juris Doctor programs with both online and in-person learning options, and educators should think through the various ways hybrid programs can be structured, says Stephen Burnett at All Campus.
BigLaw has the unique opportunity to hit refresh post-pandemic and enhance attorney satisfaction by adopting practices that smaller firms naturally employ — including work assignment policies that can provide junior attorneys steady professional development, says Michelle Genet Bernstein at Mark Migdal.
In order to attract and retain the rising millennial generation's star talent, law firms should break free of the annual review system and train lawyers of all seniority levels to solicit and share frequent and informal feedback, says Betsy Miller at Cohen Milstein.
Lawyers can take several steps to redress the lack of adequate LGBTQ representation on the bench and its devastating impact on litigants and counsel in the community, says Janice Grubin, co-chair of the Judiciary Committee at the LGBT Bar Association of Greater New York.
Krill Strategies’ Patrick Krill, who co-authored a new study that revealed alarming levels of stress, hazardous drinking and associated gender disparities among practicing attorneys, highlights how legal employers can confront the underlying risk factors as both warnings and opportunities in the post-COVID-19 era.
While international agreements for space law have remained relatively unchanged since their creation decades ago, the rapid pace of change in U.S. laws and policies is creating opportunities for both new and veteran lawyers looking to break into this exciting realm, in either the private sector or government, says Michael Dodge at the University of North Dakota.
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.
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.
Opinion
Judges Deserve Congress' Commitment To Their SafetyFollowing 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.
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.
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.
Series
Ask A Mentor: How Can Firms Coach Associates Remotely?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.
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.
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.