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In-House
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Legal Rates Surge Moderates, But Pressure Remains High
As legal departments face mounting pressure to manage costs, increases in hourly billing rates from law firms appear to be moderating, with the first few months of 2025 presenting a snapshot of this reality, according to a recent report from Wolters Kluwer's ELM Solutions.
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The Top In-House Hires Of August
Legal department hires in the last month included high-profile appointments at the Association of Corporate Counsel, GE Vernova, and a California legal legend joining an AI startup named Anthropic. Here, Law360 Pulse looks at some of the top in-house announcements from the past few weeks.
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Hines Picks Ex-Cantor Fitzgerald Atty For GC Position
Global real estate firm Hines announced Tuesday that it's hired a former executive managing director and general counsel for financial company Cantor Fitzgerald as its new general counsel, chief compliance officer and managing partner in its New York City office.
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Longtime GC Of Seminole Tribe Leaves Outsize Impact In Fla.
The general counsel of the Seminole Tribe of Florida of more than four decades died over the weekend, leaving behind a legacy as a humble attorney who became the first lawyer in his tribe and went on to have far-reaching impacts on gaming in the Sunshine State.
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Ex-Target Legal Chief To See $3M In 'Income Continuation' Pay
Target's former chief legal and compliance officer, who left the retailer in June after less than a year, is set to receive just over $3 million in "income continuation" payments, according to a securities filing Friday.
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HHS Office Of Inspector General Leader Joins Arnold & Porter
A longtime attorney with the U.S. Department of Health and Human Services' Office of Inspector General, who was nominated to be inspector general of the U.S. Department of Commerce by former President Joe Biden, has joined Arnold & Porter Kaye Scholer LLP, the firm announced Tuesday.
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NY Medical Transport Co. Names General Counsel As Co-CEO
The company formerly known as Blade Air Mobility Inc. said in a securities filing that it had appointed its general counsel to serve as co-CEO.
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Federal Judge Blocks New Texas ESG Disclosure Law
A Texas federal judge temporarily blocked the state attorney general from enforcing a new state law that requires proxy advisory firms to disclose when their advice stems from factors such as diversity and inclusion, siding with the companies that argued the law breaches the First Amendment.
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Emory Healthcare Taps K&L Gates Partner As Legal Leader
Emory Healthcare tapped a K&L Gates LLP partner with more than 20 years of experience as a healthcare regulatory attorney as its next chief counsel for health affairs.
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GC Cheat Sheet: The Hottest Corporate News Of The Week
Is AI killing the billable hour — here's what general counsel need to know about how the use of artificial intelligence is affecting law firms' billing model. Anthropic has agreed to a deal to end copyright suits brought by authors who said their works were illegally used to train the company's large language model. These are some of the stories in corporate legal news you may have missed in the past week.
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AO Smith Names New GC Amid Leadership Reshuffle
Water heater manufacturer A.O. Smith Corp. has announced its current general counsel will transition to a corporate development role, while its corporate development leader will become general counsel.
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PETA Foundation Taps Longtime CLO As Inaugural COO
The PETA Foundation announced Thursday that Jeffrey Kerr, a lawyer whom the group calls the "longest-serving chief legal officer of any animal protection organization," will become its first-ever chief operating officer at the start of September.
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Law360 Names Attys Who Moved Up The Firm Ranks In Q2
A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. Law360 reveals the list of attorneys whose commitment to legal excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the second quarter of the year.
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Voir Dire: Law360 Pulse's Weekly Quiz
BigLaw firms announced a slew of new hires this week as the legal industry sees August recede in the rearview mirror. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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In Their Words: Will AI Kill The Billable Hour?
The rising use of generative artificial intelligence tools that allow attorneys to get work done faster is creating tension with the traditional model of billable hours. Here, six legal leaders give their take on whether AI will eliminate the billable hour.
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GE Vernova Hires Chief Legal Officer From Howmet Aerospace
GE Vernova Inc. announced to investors Wednesday the hiring of a former executive at Howmet Aerospace Inc. as its latest chief legal officer, following the departure of its general counsel in May.
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FedArb Hires Ex-RTX Legal Chief As Commercial Mediator
California-based alternative dispute resolution service Federal Arbitration Inc., or FedArb, announced Wednesday the hiring of a former corporate vice president and chief litigation counsel at aerospace and defense conglomerate RTX Corp. as a Connecticut-based mediator and arbitrator focused on commercial matters.
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Recruitment Biz Hudson Global Names Post-Merger CLO
Following the completion of its merger with Star Equity Holdings Inc., recruitment company Hudson Global Inc. has named a new chief legal officer, a recent U.S. Securities and Exchange Commission filing shows.
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Labor Atty Rejoins McGuireWoods After Food Company Stint
McGuireWoods LLP announced Wednesday that it has welcomed an alumnus back to its labor and employment team following his stint as an associate general counsel for packaged meat company Smithfield Foods Inc.
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A Veteran In-House Counsel Switches To A Mother-Son Firm
After more than 40 years advising companies like Halliburton, Dell Technologies and Walmart on employee benefits and compensation matters, in-house counsel Lisa Cummings recently moved into private practice.
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From Phone Operator To C-Suite: TruLegal's New Rev Chief
TruLegal, which operates a talent network to help law firms and legal departments fill roles in areas such as e-discovery and data privacy, welcomed Tom Stephenson as its first chief revenue officer Thursday.
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New KPMG Legal Leader Focuses On Unifying Legal And Risk
As the new day-to-day leader of KPMG's U.S. in-house legal department, David Fine is focused on enabling artificial intelligence in the firm and the department as well as integrating the company's risk management functions with its legal, regulatory and compliance operations.
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In-House Counsel Group Names GE Appliances GC As CEO
The Association of Corporate Counsel, the largest in-house counsel advocacy association, has named the vice president and general counsel of GE Appliances as its next president and CEO, effective in November, according to a Tuesday announcement.
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Why This Small-Firm Lawyer Charges $3,000 Per Hour
As a solo or small firm attorney, would you charge $3,000 per hour? Meet one attorney who does — and learn how his story of ultra-high prices could help you set your own rates.
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Greenberg Traurig Adds Real Estate Pro From DR Horton
Greenberg Traurig LLP has added a real estate and construction pro, who joins the firm from an in-house role at homebuilding company D.R. Horton, to its real estate practice.
Expert Analysis
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Pro Bono Work Is Valuable In IP And Continued Learning
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.
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Increasing Public Access To Legal Services: A Practical Plan
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.
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Priorities For Improving The Legal Industry In Texas
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.
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Leading Your Law Firm's Creation Of A New Practice Group
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.
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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.
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10 Principles For Effective Partner Reward Systems
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.
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Why Interdisciplinarity Is Key To Designing The Future Of Law
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.
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Incorporating ADA Guidance Into Lawyer Wellness Movement
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.
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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.
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9 Writing Tips From The Justices' Opinions Last Term
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.
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What Web3 Means For Lawyers' Ethical Duties
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.
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NY's Cybersecurity CLE Rule Is A Sign Of Changing Times
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.
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Opinion
Law Firms Stressing Work-Life Balance Are Missing The Mark
Law 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.
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A Law Student's Guide To Thriving As A Summer Associate
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
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Burnout Prevention Requires Effort From Attys And Firms
To avoid physical and emotional exhaustion, attorneys must respect their own and their colleagues' personal and professional boundaries, but law firms must also play a role in discouraging burnout culture — especially if they are struggling with attorney retention, say attorneys at Lowenstein Sandler.