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Robinhood Markets Inc. notified investors Monday that the U.S. Securities and Exchange Commission plans to sue its crypto arm for allegedly failing to register as a securities brokerage firm and clearing agency, saying the agency could go as far as demanding that the platform be shut down.
An attorney who worked in-house for healthcare industry trade and advocacy associations has joined healthcare boutique Hooper Lundy & Bookman PC as director of government relations and public policy.
The legal recruiting industry is made up of many former practicing lawyers, but not every BigLaw associate or partner is poised to make it in the world of recruiting.
Michael Hahn, executive vice president and general counsel of the Interactive Advertising Bureau, finds he spends as much time learning about technology as he does the law, and says, "There's no other place I'd rather be at this point in my career."
A former general counsel testified Thursday in the criminal fraud trial of former Autonomy CEO Michael Lynch that the company's chief operating officer didn't want a whistleblower's claims to get into court, and a South Carolina man and his companies must pay the SEC nearly $24.9 million to settle claims that he misappropriated investors' money to make Ponzi payments. These are among the stories in corporate legal news you may have missed in the past week.
Aswathi "Ash" Zachariah, general counsel for the John F. Kennedy Center for the Performing Arts in Washington, D.C., is taking on some additional duties two years after she took over the post, the organization said.
A former Wachtell Lipton Rosen & Katz corporate partner received more than $14 million in his first months as Salesforce's top lawyer after taking the in-house position last summer, with the compensation package largely based on a $3 million signing bonus and an $11 million equity award, a recent securities filing shows.
Engineering organization SAE International announced that its board of directors voted to dismiss longtime chief executive officer David Schutt following a formal investigation into his conduct at the nonprofit.
London's Gatwick Airport has hired a new general counsel with over a decade of experience in similar roles at Cambodia Airports and Santiago de Chile's international airports.
The U.S. legal sector eased back into a positive trajectory in April, with a gain of 3,200 jobs compared with the previous month, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.
Zoom Video Communications Inc.'s chief operating officer, who served as the company's interim chief legal officer from June 2020 until March 2024, saw her compensation drop by over $16.5 million in the past fiscal year.
This was another action-packed week for the legal industry as a mega-merger went live, three firms opened up offices in Boston and another acquired a Denver boutique. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Upon exiting the government, Christina Zaroulis Milnor, a former assistant secretary at the U.S. Securities and Exchange Commission, said she was drawn to launching a Washington, D.C., boutique group affiliated with North Carolina-based Cranfill Sumner LLP to escape an "artificial" line in the sand that exists in the industry between enforcement defense and whistleblower work.
The head of legal services at AstraZeneca has departed the pharmaceutical giant to join the artificial intelligence litigation platform Fileread as general counsel and chief strategy officer, the legal technology startup announced Friday.
Jeff Pash plans to retire as the NFL's executive vice president and general counsel after 27 years with the league, during which he was a major figure in its most consequential legal developments of the 21st century.
The U.S. Soccer Federation said Thursday it has recruited a former top attorney at South by Southwest and Heineken as its next chief legal officer.
Accounting giant EY has appointed David Weintraub as its next global vice chair and general counsel effective July 1, a firm spokesperson said Thursday.
If the U.S. Supreme Court decides prosecutors overstepped by charging a rioter who stormed the Capitol with obstruction, the results will likely be mixed for hundreds of other defendants charged with the same crime, particularly those who have been convicted. That post-appeal uncertainty is nothing new, defense attorneys say.
When Ryan LLC, a Dallas tax software and services provider, became the first company to sue the Federal Trade Commission last week over its ban on noncompete agreements, it was simply trying to preserve the rule of law — something every tax company needs in order to operate, according to chief legal officer John Smith.
Husband-and-wife attorneys Brad Smith and Kathy Surace-Smith have purchased shares in Major League Baseball's Seattle Mariners, joining a partnership group that includes team legend Ken Griffey Jr., Nintendo of America and Microsoft board member John Stanton, according to the team.
The Blackstone Private Credit Fund and Blackstone Secured Lending Fund said their boards have tapped the senior vice president in legal and compliance at Blackstone Credit & Insurance, who had been hired from Simpson Thacher & Bartlett LLP in 2021, to become chief securities counsel, according to Wednesday securities filings.
Southwest Airlines' chief legal officer is resigning after more than a decade as its top attorney, with the company splitting his responsibilities into two roles — general counsel and chief regulatory and corporate affairs officer — following his departure.
The top lawyer at Best Buy saw a compensation package that reached more than $3.1 million during the company's most recent fiscal year, up from the $2.5 million he previously saw, according to a recent securities filing.
A veteran in-house attorney who most recently served as general counsel and vice president of human resources at Quinnipiac University has joined the Girl Scouts of Connecticut as its new leader.
Microsoft Corp., the leading investor in ChatGPT creator OpenAI, detailed Wednesday in its first-ever artificial intelligence transparency report how the tech giant is working to keep its ballooning stable of AI tools from causing harm in the U.S. and abroad.
Neville Eisenberg and Mark Grayson at BCLP explain how they sped up contract execution for one client by replacing email with a centralized, digital tool for negotiations and review, and how the principles they adhered to can be helpful for other law firms looking to improve poorly managed contract management processes.
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Ask A Mentor: How Can Firms Coach Associates Remotely?Practicing law through virtual platforms will likely persist even after the pandemic, so law firms and senior lawyers should consider refurbishing their associate mentoring programs to facilitate personal connections, professionalism and effective training in a remote environment, says Carol Goodman at Herrick Feinstein.
As the U.S. observes Autism Acceptance Month, autistic attorney Haley Moss describes the societal barriers and stereotypes that keep neurodivergent lawyers from disclosing their disabilities, and how law firms can better accommodate and level the playing field for attorneys whose minds work outside of the prescribed norm.
Many legal technology vendors now sell artificial intelligence and machine learning tools at a premium price tag, but law firms must take the time to properly evaluate them as not all offerings generate process efficiencies or even use the technologies advertised, says Steven Magnuson at Ballard Spahr.
While chief legal officers are increasingly involved in creating corporate diversity, inclusion and anti-bigotry policies, all lawyers have a responsibility to be discrimination busters and bias interrupters regardless of the title they hold, says Veta T. Richardson at the Association of Corporate Counsel.
Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.
As junior associates increasingly report burnout, work-life conflict and loneliness during the pandemic, law firms should take tangible actions to reduce the stigma around seeking help, and to model desired well-being behaviors from the top down, say Stacey Whiteley at the New York State Bar Association and Robin Belleau at Kirkland.
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Ask A Mentor: Should My Law Firm Take On An Apprentice?Mentoring a law student who is preparing for the bar exam without attending law school is an arduous process that is not for everyone, but there are also several benefits for law firms hosting apprenticeship programs, says Jessica Jackson, the lawyer guiding Kim Kardashian West's legal education.
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
In addition to establishing their brand from scratch, women who start their own law firms must overcome inherent bias against female lawyers and convince prospective clients to put aside big-firm preferences, says Joel Stern at the National Association of Minority and Women Owned Law Firms.
Jane Jeong at Cooley shares how grueling BigLaw schedules and her own perfectionism emotionally bankrupted her, and why attorneys struggling with burnout should consider making small changes to everyday habits.
Black Americans make up a disproportionate percentage of the incarcerated population but are underrepresented among elected prosecutors, so the legal community — from law schools to prosecutor offices — must commit to addressing these disappointing demographics, says Erika Gilliam-Booker at the National Black Prosecutors Association.
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Ask A Mentor: How Can Associates Deal With Overload?Young lawyers overwhelmed with a crushing workload must tackle the problem on two fronts — learning how to say no, and understanding how to break down projects into manageable parts, says Jay Harrington at Harrington Communications.
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.
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Ask A Mentor: How Can Associates Seek More Assignments?In the first installment of Law360 Pulse's career advice guest column, Meela Gill at Weil offers insights on how associates can ask for meaningful work opportunities at their firms without sounding like they are begging.