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In the past year, plaintiffs have won settlements and judgments for millions and billions of dollars from companies such as Wells Fargo, Goldman Sachs, Facebook and Fox News, with many high-profile cases finally wrapping up after years of fighting. Such cases — involving over-the-top compensation packages, chemical contamination, gender discrimination and data mining — were led by attorneys whose accomplishments earned them recognition as Law360's Titans of the Plaintiffs Bar for 2024.
The global general counsel for TikTok and parent company ByteDance will be stepping down from his role in June to take on a different job within the social media giant, the company announced Friday: fighting a new federal law requiring ByteDance to divest in TikTok or face a ban in the U.S.
A Manhattan judge on Friday threw out a claim that the general counsel for rapper Curtis "50 Cent" Jackson illegally recorded a former Beam Suntory Inc. sales contractor during an embezzlement investigation, but allowed the consultant to revise his pleading.
Several members of the Senate Judiciary Committee wrote to the American Bar Association on Friday urging it to study how state bar applications require would-be attorneys to disclose sexual violence.
Philadelphia-based media giant Comcast paid its chief legal officer and secretary more than $11 million in combined salary, bonuses and stock options and awards last year, according to the company's recent U.S. Securities and Exchange Commission filing.
An experienced in-house attorney who previously worked in private practice at Kirkland & Ellis LLP has joined Benesch Friedlander Coplan & Aronoff LLP, continuing the firm's trend of hiring former Kirkland attorneys.
The general counsel at South Dakota-based Black Hills Co. announced in a recent U.S. Securities and Exchange Commission filing that he plans to retire this year after two decades with the energy company.
Atlanta-based Rollins Inc. announced that it has appointed director and former Turner Broadcasting Systems general counsel Louise Sams as the lead independent director of the pest control giant's board of directors.
The legal technology market will reach $50 billion in value by 2027, according to estimates published by global research firm Gartner, with generative artificial intelligence identified as a spark to value across the industry.
A report by LexisNexis' CounselLink found that average law firm partner billing rates rose 5.4% in 2023, and a federal jury in Colorado rejected a former in-house attorney's claim that Loeb & Loeb LLP and one of its ex-partners acted outrageously in filing a lawsuit accusing him of stealing a medical device company's trade secrets.
The outspoken chief legal officer of cryptocurrency exchange Coinbase Global Inc., who has railed against regulators, earned total compensation over $5 million last year, more than $2 million less than in 2022, according to the company's latest proxy statement.
The top attorney for information services company Dun & Bradstreet Holdings Inc. saw his compensation package drop by $2.1 million last year.
Lyft's longtime general counsel-turned-president picked up a total compensation package worth $6.6 million in 2023, according to the company's latest proxy statement, a sharp increase fueled primarily by $5.3 million in stock awards.
This was another action-packed week for the legal industry as BigLaw firms made new hires and expanded their practices. Test your legal news savvy here with Law360 Pulse's weekly quiz.
The former general counsel for Moody's Corp. has pled guilty to willfully failing to file federal income tax returns for four years in which he collected $54 million in income, federal prosecutors announced Friday.
The head of cryptocurrency conglomerate Digital Currency Group on Thursday said the firm has appointed its first chief legal officer, hiring the former top lawyer of payment management firm Billtrust as DCG fights a lawsuit by New York's attorney general and other disputes.
Jim Schultz, who earlier this year became head of the legal and public policy departments at Scientific Games, views part of his responsibilities as a lawyer as giving back to the community. For him, that means serving on boards for a variety of civic and nonprofit organizations, including the Philadelphia Shipyard Development Corp. and the Delaware River Port Authority.
The former general counsel and CEO of an Arizona fuel company accused of conspiring to defraud investors out of $30 million have reached consent orders with the U.S. Securities and Exchange Commission and agreed to pay nearly $750,000 in fines, disgorgement and restitution.
Sony Pictures Entertainment Inc. has chosen a seasoned in-house counsel, who has worked at other high-profile film and television studios including Disney and 21st Century Fox, to replace its outgoing top lawyer, the company said Thursday.
A Colorado federal jury has rejected a former in-house attorney's claim that Loeb & Loeb LLP and one of its ex-partners acted outrageously when they filed a lawsuit on behalf of a medical device company accusing him of stealing trade secrets.
Mobile technology developer InterDigital paid its chief legal officer more than $1.4 million in total compensation last year, according to the company's latest proxy filing, the first time the attorney's pay has been reported since he was promoted to the role in October 2021.
LexisNexis Legal & Professional's general counsel Ian McDougall, who has held the position for 14 years, will be retiring in September, the Law360 parent company said Thursday.
Microvast Holdings Inc., a Texas-based technology company that develops and manufactures lithium-ion battery solutions, promoted its general counsel to president, according to a recent securities filing.
Expanding on Arizona's pilot program for alternative legal services, Axiom is, for the first time, letting U.S. general counsel use its Arizona-based law firm in collaboration with its other services on large, complex projects.
Perkins Coie LLP is bolstering its intellectual property practice, announcing Thursday that it has brought on the former general counsel and chief compliance officer of digital healthcare company Cleerly.
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
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.
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.
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.
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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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.
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.
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.
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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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.
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.
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.
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.