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Tesla is thumbing its nose at the Delaware Chancery Court by again asking its shareholders to approve a $55 billion pay package for Elon Musk — essentially the same pay package the court voided in January. And British telecom giant BT Group will reward two law firms for successful diversity and AI programs with automatic spots on its pared down legal panel. These are some of the stories in corporate legal news you may have missed in the past week.
The legal chief and secretary for Nashville, Tennessee-based Atmus Filtration Technologies Inc. has resigned, according to a U.S. Securities and Exchange Commission filing on Friday.
Emory University has announced that Brad Slutsky, who has served in-house stints with several companies and also previously worked at King & Spalding for many years, will soon take over as its general counsel.
Hinshaw & Culbertson LLP has brought on two new insurance litigation partners from Liberty Mutual Insurance and Groelle & Salmon PA who are experienced in both complex commercial litigation and first-party coverage matters to the firm's office in Fort Lauderdale, Florida.
The longtime legal chief at Netflix Inc. pulled in a yearly compensation package of almost $13.7 million in 2023, a slight uptick from the previous year due in large part to an increase in stock awards, according to a securities filing Thursday.
The legal industry had another busy week with more lateral hires, partner promotions, new practice group launches, in-house moves and the passing of a trailblazing former Connecticut Supreme Court chief justice. Test your legal news savvy here with Law360 Pulse's weekly quiz.
In a significant ruling for executives and professionals, a New York state appeals court has reversed the dismissal of key claims in a former chief legal officer's lawsuit alleging he wasn't paid all wages owed after his employment ended at artificial intelligence company Amelia US LLC.
Troutman Pepper Hamilton Sanders LLP has announced that a former in-house attorney at Alibaba financial services affiliate Ant Group joined the firm's corporate practice as counsel.
In a self-described banner year for Mattel Inc., the toy and entertainment company's legal chief saw his 2023 compensation jump by more than $1 million over the previous year, thanks in part to the blockbuster "Barbie" movie, a recent securities filing showed.
Smith Gambrell & Russell LLP has added a longtime deputy general counsel for the city of Jacksonville, Florida, as counsel within its real estate group and as the head of the Jacksonville office's government affairs practice.
The top attorney for Connecticut-based GXO Logistics Inc. saw his salary package increase to over $2.4 million in 2023 as the company reported an all-time record in revenue, according to a recent securities filing.
BigLaw saw a significant uptick in reporting data breaches, while law firms of all sizes continue to be prime targets for cybercriminals, according to data compiled by Law360 Pulse via extensive public record requests.
BT Group said Thursday it had cut four law firms from its legal panel and added Clifford Chance LLP to the mix alongside fellow Magic Circle giants Freshfields Bruckhaus Deringer LLP and the soon-to-be A&O Shearman.
The top lawyer at Lowe's saw a compensation package of more than $12.1 million in 2023, largely from stock awards and a bonus during her first year with the home improvement company, according to a securities filing on Thursday.
Against the backdrop of protracted war, the U.S. securities watchdog is urging U.S.-listed Israeli companies to disclose more details describing how the Israel-Hamas conflict is affecting their operations in order to keep investors apprised of risks, lawyers say.
Defense contractor L3Harris Technologies Inc. will hold a shareholder advisory vote Friday at its annual meeting on whether to offer greater transparency about its lobbying efforts.
Animal pharmaceutical giant Zoetis announced in a recent securities filing that longtime general counsel Heidi Chen will step down from her role after nearly 12 years as the company's legal chief.
The general counsel for insurance company Sidecar Health has joined the Blue Cross Blue Shield Association as its chief legal officer and general counsel, the company said Tuesday.
Attorneys for Tesla Inc. notified Delaware's chancellor Wednesday that the company will seek stockholder approval June 13 for the same $55.8 billion Elon Musk compensation plan voided by Chancery Court on Jan. 30, along with reincorporation of Tesla as a Texas company.
To combat artificial intelligence-generated deepfakes, disinformation and bias requires transparent, open-sourced AI models and swift regulations that protect elections, creators and the public, says IBM's Chief Privacy & Trust Officer Christina Montgomery.
Netflix's well-known director of legal operations and technology, Jenn McCarron, has left the company after five years, according to a post shared on LinkedIn on Monday, with McCarron commenting that her "mission has been fulfilled" at the entertainment company.
The New Jersey Supreme Court on Tuesday vacated a $24.3 million award to a group of neurosurgeons on their claim that a hospital didn't operate in good faith, finding the trial court's admission of emails from the hospital's general counsel and remarks made during closing arguments deprived the hospital of a fair trial.
Spencer Fane LLP is growing its business transactions practice, announcing Tuesday it is bringing in the chief legal officer of fantasy sports and gaming website SimWin Sports as of counsel in its Plano, Texas, office.
Binance.US announced Tuesday that it had brought aboard a seasoned compliance and regulation expert to join its board of directors, three months after the cryptocurrency platform hired a new top compliance officer amid federal regulators' ongoing scrutiny of the platform.
When Michael Lackey first pitched others at Mayer Brown about using litigation funding for a matter, he got a less-than-positive response, he recalled.
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My Nonpracticing Law Job: LibrarianLisa A. Goodman at Texas A&M University shares how she went from a BigLaw associate who liked to hang out in the firm's law library to director of a law library herself in just over a decade, and provides considerations for anyone interested in pursuing a law librarian career.
Federal courts have recently been changing the way they quote decisions to omit insignificant details and string cites, and lawyers should consider adopting this practice to enhance the readability of their briefs — as long as accuracy stays top of mind, says Diana Simon at the University of Arizona James E. Rogers College of Law.
Nikki Lewis Simon, chief diversity, equity and inclusion officer at Greenberg Traurig, discusses best practices — and some pitfalls to avoid — for law firms looking to build programs aimed at driving inclusion in the workplace.
Former Minnesota Supreme Court Chief Justice Lorie Gildea, now at Greenberg Traurig, offers strategies on writing more effective appellate briefs from her time on the bench.
While involvement in internal firm initiatives can be rewarding both personally and professionally, associates' billable time requirements don’t leave much room for other work, meaning they must develop strategies to ensure they’re meeting all of their commitments while remaining balanced, says Melanie Webber at Fisher Phillips.
Amid a dip in corporate legal spending and client pushback on bills, Shireen Hilal at Maior Consultants highlights specific in-house counsel frustrations and explains how firms can provide customized legal advice with costs that are supported by undeniable value.
Like the ancient Spartans who held off a numerically superior Persian army at the Battle of Thermopylae, trial attorneys and clients faced with arbitration against an opponent with a bigger war chest can take a strategic approach to create a pass to victory, say Kostas Katsiris and Benjamin Argyle at Venable.
It is critical for general counsel to ensure that a legal operations leader is viewed not only as a peer, but as a strategic leader for the organization, and there are several actionable ways general counsel can not only become more involved, but help champion legal operations teams and set them up for success, says Mary O'Carroll at Ironclad.
A new ChatGPT feature that can remember user information across different conversations has broad implications for attorneys, whose most pressing questions for the AI tool are usually based on specific, and large, datasets, says legal tech adviser Eric Wall.
Legal organizations struggling to work out the right technology investment strategy may benefit from using a matrix for legal department efficiency that is based on an understanding of where workloads belong, according to the basic functions and priorities of a corporate legal team, says Sylvain Magdinier at Integreon.
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My Nonpracticing Law Job: RecruiterSelf-proclaimed "Lawyer Doula" Danielle Thompson at Major Lindsey shares how she went from Columbia Law School graduate and BigLaw employment associate to a career in legal recruiting — and discovered a passion for advocacy along the way.
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Ask A Mentor: How Do I Balance Social Activism With My Job?Corporate attorneys pursuing social justice causes outside of work should consider eight guidelines for finding equilibrium between their beliefs and their professional duties and reputation, say Diedrick Graham, Debra Friedman and Simeon Brier at Cozen O'Connor.
Mateusz Kulesza at McDonnell Boehnen looks at potential applications of personality testing based on machine learning techniques for law firms, and the implications this shift could have for lawyers, firms and judges, including how it could make the work of judges and other legal decision-makers much more difficult.
The future of lawyering is not about the wholesale replacement of attorneys by artificial intelligence, but as AI handles more of the routine legal work, the role of lawyers will evolve to be more strategic, requiring the development of competencies beyond traditional legal skills, says Colin Levy at Malbek.
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.