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In-House
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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.
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Top BioNTech Atty Will Add Chief Business Officer Role
The top attorney for German pharmaceutical giant BioNTech SE has begun a monthslong process of taking on the company's chief business officer role, while maintaining the duties and title of chief legal officer, the drugmaker announced Thursday.
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EBay's Legal Chief Poised To Depart For 'New Chapter'
The top lawyer at eBay Inc. plans to exit the e-commerce company after nearly nine years in the role, according to a memo made public Thursday.
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Duke Energy CLO Made Over $3.7M In 2023
Duke Energy chief legal officer Kodwo Ghartey-Tagoe, who's been in the role since 2019, earned over $3.7 million in total compensation in 2023, according to a recent U.S. Securities and Exchange Commission filing.
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And The Oscars' Legal Questions Go To ... John Quinn
When he was the general counsel to the Academy of Motion Picture Arts and Sciences, Quinn Emanuel founding partner John Quinn attended the Oscars dozens of times, and he did so with a copy of the broadcast network contract tucked into his tuxedo pocket.
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Equity Concerns Follow Mass Torts' March Into Bankruptcy
After decades of suffering and waiting, a group of more than 82,000 childhood sexual abuse survivors recently reached a $2.5 billion bankruptcy settlement with the Boy Scouts of America and related groups. Yet the survivors may once again be in suspense.
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New Digital Report Lets In-House Counsel Compare Pay
In-house counsel in San Francisco tend to earn more than in any other U.S. city, private companies pay in-house lawyers bigger bonuses than public ones, and the highest paid general counsel on average work in the consumer goods and services industry, according to a recent survey.
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Akerman Cannabis Atty Jumps To Saul Ewing In Fla.
Saul Ewing LLP has added a former Akerman LLP partner with experience as general counsel for a cannabis operator, strengthening its Fort Lauderdale, Florida, office, the firm announced Thursday.
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NYPL's Retired GC Urges Attys To Make Career Goals Known
When Michele Coleman Mayes first shared her goal to become a general counsel, her boss at the time responded in disbelief. In a recent interview with Law360 Pulse, the veteran general counsel, who retired from the New York Public Library last week, spoke about why she's glad that situation happened — and why she hopes other lawyers experience a similar situation.
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GCs See Data Privacy, ESG As Growing Risk Areas For 2024
While regulatory compliance remains top of mind for chief legal officers, data privacy, and environmental, social and governance have entered the conversation as leading risks for legal department leaders, according to the results of a new survey.
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Latham Passes Skadden As Busiest Securities Defense Firm
Despite a downward trend in securities case filings over the past three years, Latham & Watkins LLP has remained one of the most active law firms on the defense side, taking over the top spot from Skadden Arps Slate Meagher & Flom LLP, according to reports released by Lex Machina.