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The Federal Home Loan Mortgage Corporation has named a former Capital One and BNP Paribas risk and compliance veteran as its chief compliance officer after appointing a new chief executive this spring and a new chief financial officer last year.
An interagency government committee that conducts national security reviews of foreign investments has played an increasingly active role in recent years, fueling a battle among top Washington, D.C., practices for attorneys versed in working with the panel, which has a reputation for operating in a "black box."
Industrial services company BrandSafway has tapped the top attorney for CHC Helicopter Corp. to become its chief legal officer.
After Morgan Stanley's chief legal officer urged firm lawyers to return to the office, his peers at other major banks spoke out about their plans, and LeClairRyan's former general counsel pled guilty to a criminal obstruction charge. These are some of the stories in corporate legal news you may have missed in the past week.
The guilty plea Thursday of an ex-BigLaw general counsel who embezzled some $4 million as a court-appointed trustee is a rarity among criminal actions triggered by bankruptcy cases and will likely raise scrutiny on other lawyers in the sensitive role.
Amid the mystery of why the president of the Las Vegas Raiders resigned abruptly this week, the pro football team has named its general counsel as interim president to handle the fallout.
President Joe Biden is nominating Greenberg Traurig LLP attorney Victoria Reggie Kennedy, the widow of Massachusetts Sen. Edward Kennedy, to serve as ambassador to Austria.
Top corporate lawyers at JLL, Shell and Mondelēz during a virtual roundtable Wednesday discussed the challenges and opportunities of working in global organizations, from around-the-clock schedules to the quick pace of changes.
The transition to hybrid work arrangements stemming from the pandemic is among the top emerging compliance risks going into the second half of 2021, a group of big bank chief compliance officers said this week.
With the passage of a data privacy measure in Colorado, general counsel during the remaining months of 2021 should understand the privacy laws applicable to their company, consider hiring an in-house privacy specialist, and conduct reassessments on compliance because products and rules evolve.
Newark's corporation counsel must face malpractice claims after the New Jersey Supreme Court on Wednesday agreed that a reasonable jury could find that he breached his professional duty when he allegedly advised a client's ex-wife to accept a guilty plea for offenses she did not commit.
Fueled by their exceptional client services during the COVID-19 pandemic, 11 law firms have been spotlighted by general counsel and other in-house leaders as the most recommended outside counsel for their peers, according to a report released Wednesday.
It's too bad the law doesn't allow Ellen Whittemore, executive vice president and general counsel at Wynn Resorts Ltd., to play the casino games at work because she seems to have a knack for turning the right card. Here, Law360 Pulse speaks with Whittemore about her "accidental" career.
A handful of top legal officers at major banks had a message Tuesday about their plans to return at least partially to an in-person work environment following the COVID-19 pandemic: There's no replacement for face-to-face interaction.
The COVID-19 pandemic has had some older attorneys rethinking their retirement plans and many female practitioners taking on more child care responsibilities, among other impacts on the legal industry, according to findings revealed Tuesday from a forthcoming American Bar Association report.
The U.S. federal court system has asked Congress for $1.54 billion to beef up security, renovate aging courthouses and overhaul inadequate IT systems, as lawmakers contemplate a massive, multitrillion-dollar infrastructure bill.
Winston & Strawn LLP announced Tuesday that it has hired McDermott Will & Emery LLP's former global co-head of restructuring and insolvency to take on the same lead role for its global group.
Tonix Pharmaceuticals Holding Corp., a New Jersey-based company that discovers, tests and licenses new drugs to be used to treat neurological conditions, has appointed a former Covington & Burling LLP partner to its board of directors, the company said Monday.
The U.S. Securities and Exchange Commission announced it has tapped five attorneys to serve in counsel positions on Chairman Gary Gensler's policy staff.
Vinson & Elkins LLP has added as a partner in its Houston office an attorney who previously served as associate general counsel for midstream infrastructure company Targa Resources, the firm announced Monday.
Legal industry outsourcing solutions provider Frontline Managed Services said it has continued its recent growth wave with the acquisition of InvoicePrep, a company that handles e-billing and invoice services for law firms.
As law firms contemplate the return of in-person work, the legal chief for one of Wall Street's biggest banks is reportedly encouraging law firms to go back to the office.
The U.S. Securities and Exchange Commission's acting enforcement head hinted that funds touting green investments can anticipate a rise in scrutiny, and a report showed $21.5 million of donations from companies and trade associations in recent election cycles backed lawmakers in states considering voting restrictions. These are some of the stories in corporate legal news you may have missed in the past week.
LendingClub Corp. has added as its newest board member an ex-general counsel who served as special assistant for economic policy to former President Barack Obama and senior adviser to the deputy secretary in the U.S. Treasury Department, the company said Thursday.
The Senate has overwhelmingly confirmed a former Latham & Watkins LLP partner and the National Collegiate Athletic Association's most recent chief legal officer to serve as deputy secretary to Secretary Denis McDonough at the U.S. Department of Veterans Affairs.
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.
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.
OpinionJudges Deserve Congress' Commitment To Their Safety
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.
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.
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.
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.