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In-House
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LG Assistant GC Suspended In NJ For Side-Work Misconduct
The New Jersey Supreme Court has handed a minimum three-month suspension to an in-house attorney for LG Electronics over misconduct he committed while operating a side practice, including commingling client funds and mishandling two estates.
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MoneyGram Promotes In-House Atty To Serve As Its New GC
MoneyGram International Inc. has promoted an in-house attorney who formerly worked for Bank of America to serve as its general counsel and another employee to be its chief regulatory and public affairs officer.
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Sheppard Mullin Adds Ex-Latham & Watkins Atty In Chicago
Sheppard Mullin Richter & Hampton LLP has hired as a partner in its Chicago office an attorney who formerly worked for accounting firm KPMG and also spent 18 years at Latham & Watkins LLP.
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Estee Lauder GC Will Step Down For 'New Chapter'
The general counsel at Estee Lauder, who took the helm of the legal team in 2019, is set to leave the luxury cosmetics company next month.
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Conn. Judge Pick Takes Heat As Other Nominees Advance
The Connecticut legislature's joint judiciary committee voted to issue favorable reports Monday on 21 of Gov. Ned Lamont's nominees for the state court bench, but several lawmakers raised concerns about one pick's reputation, with a Democratic leader saying that holding a vote on assistant state prosecutor Devant J. Joiner's nomination was "a real slap in the face" given questions about his temperament.
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Whirlpool CLO Exits With Potential $3M Payout Amid Layoffs
Whirlpool's Chief Legal Officer Ava A. Harter's position with the company has been eliminated, and she is set to receive a nearly $3 million payout if terms of her separation agreement are met, the company said in a public filing.
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Robinhood Promotes Ex-SEC Attorney To General Counsel
Financial services platform and fintech brokerage Robinhood has promoted an in-house counsel to the position of general counsel, expanding his duties to overseeing the entire legal department.
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PulteGroup GC's Comp Fell For 2nd Straight Year To $2.6M
The top legal leader for Atlanta-based PulteGroup saw his overall compensation decrease 15% last year, earning $2.6 million in 2023 compared to $3.1 million in 2022, as the homebuilder saw record home sales amid higher building costs and interest rates for buyers, according to a recent securities filing.
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Accounting Oversight Board Trial Atty Joins King & Spalding
The top trial attorney for the Public Company Accounting Oversight Board has joined King & Spalding LLP's special matters and government investigations group in Washington, D.C., as a partner, the firm announced Monday.
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Bowflex's Top Atty To Step Down In Wake Of Ch. 11
The top attorney for fitness equipment company Bowflex Inc. is leaving the company after it filed for bankruptcy earlier this month, recent regulatory filings show.
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With Rising State AG Action, BigLaw Responds By Beefing Up
This year Covington & Burling LLP formalized its government litigation practice group, following others in what appears to be a race by large law firms to formalize, market and grow their state attorney general practices as the nature of the office has shifted in recent years.
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IBM's Retiring GC Saw Comp Top $8M Last Year
IBM's longtime general counsel, whose upcoming retirement was announced earlier this year, earned just over $8.1 million in total compensation in 2023, up about $1.6 million from the previous year, according to a recent securities filing.
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Connecticut Judge Nominees Vow To Avoid 'Robe-itis'
A former Connecticut mayor, current and ex-partners at Halloran & Sage LLP, and the lieutenant governor's general counsel are among those who promised lawmakers Friday that they would not come down with "robe-itis" — a term used to describe an unprofessional temperament toward litigants and courthouse staff — if confirmed to the state bench, but each was encouraged to develop real systems of accountability.
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Why GCs Shouldn't Sit On Complying With SEC Climate Rule
Although the climate reporting standards recently adopted by the SEC will take time to implement — and likely face litigation that could slow down the timeline — it's risky for general counsel to take a wait-and-see approach, especially given similar legal frameworks popping up all over the world.
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GC Cheat Sheet: The Hottest Corporate News Of The Week
General counsel in a new survey perceive their highest risks to be increased regulatory demands, data privacy and ESG issues. And the former chief legal officer of Twitter, along with three other executives, detail in a new lawsuit how billionaire buyer Elon Musk manipulated their final moments at the company in hopes of avoiding payment of their severance packages.
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Legal Industry Adds 2,700 Jobs In February
Employment in the U.S. legal sector rebounded in February, showing a slight increase following a decline at the beginning of the year, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.
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Class Suits Among Companies' Fastest-Growing Legal Costs
An annual survey of more than 300 large companies shows that class action spending was up to a record high in 2023, with the percentage of companies facing class action lawsuits at the highest level since the survey began 13 years ago, and total expenditures reaching nearly $4 billion.
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NJ Utility's Legal Chief's Comp Rose To $3.2M In 2023
New Jersey utility provider Public Service Enterprise Group Inc.'s chief legal officer saw her total compensation jump to $3.2 million in 2023 from $2.7 million in 2022, according to a recent filing with the U.S. Securities and Exchange Commission.
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Exelon CLO's Compensation Climbed To $4.1M In '23
Compensation for the top attorney at power company Exelon Corp. rose by more than $500,000 in 2023 over the previous year, bringing her total earnings to just over $4.1 million.
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Cybersecurity Co. Promotes Attys To GC, Chief People Officer
Florida-based cybersecurity company ReliaQuest announced it has promoted two of its in-house attorneys to general counsel and chief people officer.
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Scientific Games Makes Changes As CLO Set To Retire
Scientific Games will soon say goodbye to its retiring chief legal officer amid moves by the lottery technology business to consolidate its legal and public policy departments, according to a company announcement.
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As Deepfakes Rise, Prof Says Expert Fee Rules Must Change
Loyola Law School professor Rebecca Delfino recently published a paper about how the costs of litigating deepfake evidence, in particular expert witness fees, create access to justice barriers for litigants. Here, Delfino talked with Law360 Pulse about her proposal for addressing these barriers.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the beginning of March with another busy week as BigLaw firms made new hires and adjusted their practices.
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Chemours Internal Review Reveals Violations By Top Execs
Chemical giant Chemours announced on Wednesday that an internal investigation revealed that three executives engaged in unethical financial practices to boost their incentive compensation.
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Touchpad Maker Synaptics Taps Ex-Plantronics Atty As CLO
A veteran regulatory compliance and transactional attorney and former top lawyer at Plantronics has been named as Synaptics Inc.'s senior vice president, chief legal officer and secretary, the maker of computer touchpads and automotive touch screens announced Thursday.