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A few surprises popped up in the findings of a recent survey about the Corporate Transparency Act, including how few companies are ready for its new rule requiring ongoing tracking of beneficial ownership.
Tesla has pushed back against allegations that it tried to bully a retired law professor out of weighing in on an investor suit over CEO Elon Musk's $56 billion compensation plan, according to new filings in Delaware.
A Houston attorney and Houston Livestock Show and Rodeo general counsel has been charged with online solicitation of a minor, a second-degree felony.
Susan Ball, a former registered nurse who went on to become general counsel of Cross Country Healthcare Inc., sees life as a "team sport" that includes many good people who have supported her along the way.
Buchalter PC announced that it hired the former chief legal officer at mortgage-focused fintech company Sagent as a Seattle-based shareholder and chair of its newly launched fintech and artificial intelligence practice group.
Though the gender pay gap persists, the difference in compensation between women and men at the general counsel level is narrowing — from 4.9% in 2023 to 4.3% in 2024 — according to a report out Wednesday.
Silicon Valley-based tech company Nvidia's general counsel earned more than $11 million in compensation during the last fiscal year, which marks a nearly $2 million increase from the previous one, according to a recent U.S. Securities and Exchange Commission filing.
Pharmaceutical giant Eli Lilly and Co.'s chief ethics and compliance officer, who has been with the company for more than two decades, is retiring at the end of the year, the company said Wednesday.
A bipartisan group of senators on Wednesday laid out a "road map" for artificial intelligence policy that calls for increased AI innovation funding, testing of potential harms posed by AI and consideration of the technology's workforce implications.
Lawyers for the U.S. Securities and Exchange Commission and Nasdaq Stock Market LLC faced a barrage of questions from the full Fifth Circuit on Tuesday, with judges wondering whether rules requiring corporations to disclose board diversity information would open the door to investor questions on religious practices, political beliefs or Taylor Swift fandom.
Some of the nation's largest legal insurance companies are reporting an unprecedented rise in "claim severity," according to survey data released Tuesday, with 11 of 13 insurers reporting paying claims in excess of $100 million in the past two years.
A former in-house counsel for Johnson & Johnson and Bristol-Myers Squibb Co. has taken a new role as chief strategy officer at analytics company Kalderos, which created a drug discount management platform, according to a Tuesday announcement.
A Connecticut federal judge has determined the $7.5 million vexatious litigation claims a onetime in-house counsel filed against the estate of a former client were served weeks too late, ending a nearly seven-year-old case.
An experienced attorney who rejoined the Financial Industry Regulatory Authority in 2022 after serving as Rockefeller Financial LLC's general counsel has been promoted to serve as FINRA's executive vice president of examinations and membership application program.
An attorney who previously worked at Clarion Capital Partners LLC has rejoined the New York-based investment manager as its general counsel.
Perkins Coie LLP said Tuesday that it has launched in London with a team of six corporate lawyers led by a private equity veteran to serve European technology companies and investors from one location.
Tesla tried to bully a law professor out of filing an amicus brief in investors' suit over Elon Musk's $56 billion compensation plan, in part by threatening to fire the company's longtime outside counsel at Holland & Knight LLP if the professor submitted his brief, according to a filing Monday in Delaware.
A liquor business consultant has told a New York state court that Curtis "50 Cent" Jackson and the rapper's general counsel violated federal and New Jersey wiretap statutes, after the court dismissed an earlier counterclaim lodged under the Illinois Eavesdropping Act.
Crypto exchange Binance said Monday that the federal government has selected a Sullivan & Cromwell LLP partner and a Forensic Risk Alliance founding partner to serve as independent third-party monitors overseeing its compliance with the terms of its $4.3 billion settlement and guilty plea over money laundering, bank fraud and sanctions violations.
Construction and development company Skanska said Monday it has promoted its general counsel and chief administrative officer to serve as president of Skanska USA Building Inc.
WiTricity Corp., which sells wireless charging systems for electric vehicles, on Monday announced it has appointed its chief legal officer as the private company's next chief executive officer and a member of the board of directors.
Akin Gump Strauss Hauer & Feld LLP announced Monday that it is continuing the expansion of its energy transactions practice in Houston with a partner who arrived from Sidley Austin LLP.
Cleary Gottlieb Steen & Hamilton LLP announced Monday that it added an experienced attorney as a counsel in its New York office who has worked in a variety of executive roles at different hedge funds.
BakerHostetler has added to its San Francisco office a former counsel and head of government relations at digital finance company R3, bolstering its business practice, its blockchain technologies and digital assets team and its financial services team, the firm announced Monday.
Barnard College announced that a former student and the current deputy general counsel for the Office of the New York State Attorney General will join at the start of June as the women's college's new general counsel.
Legal writers should strive to craft sentences in the active voice to promote brevity and avoid ambiguities that can spark litigation, but writing in the passive voice is sometimes appropriate — when it's a moral choice and not a grammatical failure, says Diana Simon at the University of Arizona's James E. Rogers College of Law.
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Ask A Mentor: How Can I Help Associates Turn Down Work?Marina Portnova at Lowenstein Sandler discusses what partners can do to aid their associates in setting work-life boundaries, especially around after-hours assignment availability.
Although artificial intelligence-powered legal research is ushering in a new era of legal practice that augments human expertise with data-driven insights, it is not without challenges involving privacy, ethics and more, so legal professionals should take steps to ensure AI becomes a reliable partner rather than a source of disruption, says Marly Broudie at SocialEyes Communications.
With the increased usage of collaboration apps and generative artificial intelligence solutions, it's not only important for e-discovery teams to be able to account for hundreds of existing data types today, but they should also be able to add support for new data types quickly — even on the fly if needed, says Oliver Silva at Casepoint.
With many legal professionals starting to explore practical uses of generative artificial intelligence in areas such as research, discovery and legal document development, the fundamental principle of human oversight cannot be underscored enough for it to be successful, say Ty Dedmon at Bradley Arant and Paige Hunt at Lighthouse.
The legal profession is among the most hesitant to adopt ChatGPT because of its proclivity to provide false information as if it were true, but in a wide variety of situations, lawyers can still be aided by information that is only in the right ballpark, says Robert Plotkin at Blueshift IP.
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Ask A Mentor: How Can I Use Social Media Responsibly?Leah Kelman at Herrick Feinstein discusses the importance of reasoned judgment and thoughtful process when it comes to newly admitted attorneys' social media use.
Attorneys should take a cue from U.S. Supreme Court justices and boil their arguments down to three points in their legal briefs and oral advocacy, as the number three is significant in the way we process information, says Diana Simon at University of Arizona.
In order to achieve a robust client data protection posture, law firms should focus on adopting a risk-based approach to security, which can be done by assessing gaps, using that data to gain leadership buy-in for the needed changes, and adopting a dynamic and layered approach, says John Smith at Conversant Group.
Laranda Walker at Susman Godfrey, who was raising two small children and working her way to partner when she suddenly lost her husband, shares what fighting to keep her career on track taught her about accepting help, balancing work and family, and discovering new reserves of inner strength.
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Ask A Mentor: How Can I Turn Deferral To My Advantage?Diana Leiden at Winston & Strawn discusses how first-year associates whose law firm start dates have been deferred can use the downtime to hone their skills, help their communities, and focus on returning to BigLaw with valuable contacts and out-of-the-box insights.
To make their first 90 days on the job a success, new legal operations managers should focus on several key objectives, including aligning priorities with leadership and getting to know their team, says Ashlyn Donohue at LinkSquares.
Female attorneys and others who pause their careers for a few years will find that gaps in work history are increasingly acceptable among legal employers, meaning with some networking, retraining and a few other strategies, lawyers can successfully reenter the workforce, says Jill Backer at Ave Maria School of Law.
ChatGPT and other generative artificial intelligence tools pose significant risks to the integrity of legal work, but the key for law firms is not to ban these tools, but to implement them responsibly and with appropriate safeguards, say Natalie Pierce and Stephanie Goutos at Gunderson Dettmer.
To safeguard against the many risks posed by generative artificial intelligence legal tools, in-house counsel should work with their information security teams to develop new data security questions for prospective vendors, vet existing applications and review who can utilize machine guidance, says Diane Homolak at Integreon.