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In-House
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SEC Asks For $1.1M Insider Trading Penalty For Ex-Apple Atty
The U.S. Securities and Exchange Commission is again urging a New Jersey federal court to levy a roughly $1.1 million civil penalty on a former Apple Inc. senior attorney who already pled guilty and was sentenced for criminal charges related to a lucrative insider trading scheme.
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Uniswap Taps Coinbase Atty To Be CLO As SEC Fight Looms
The firm behind decentralized marketplace Uniswap has brought on a senior Coinbase attorney and seasoned litigator to helm its legal operations as it stares down a potential enforcement action from the U.S. Securities and Exchange Commission.
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Procopio Atty Who Worked At Oracle To Lead IP Litigation Team
Procopio Cory Hargreaves & Savitch LLP has named a Silicon Valley-based partner as leader of its intellectual property litigation team, whose 40 years of legal experience includes an in-house role at Oracle Corp.
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Dentons Hires Former In-House Compliance Chief In Indy
Dentons has brought on a seasoned corporate attorney with close to two decades of in-house and government experience as of counsel in the firm's Indianapolis office, focusing on transactional matters like contracts, corporate governance and securities law.
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Ga. Justices OK Remote Work For Attys Not Licensed In State
The Georgia Supreme Court unanimously put its stamp of approval Tuesday on an opinion stating that attorneys who reside in the Peach State but are not licensed there may provide legal services by remote means under certain circumstances.
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Law Firms Roll Back Summer Programs In Tight Legal Market
Law firms that can't find enough work for the deluge of prospective and newly minted attorneys already on their hands are tightening their pipelines for new talent this season, rolling back their summer associate positions for 2024, according to legal industry experts.
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What Are Summer Associates Saying?
Law360 Pulse asked prospective summer associates about how their top-choice firms distinguished themselves from their peers. Here are some of the ways.
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These Law Firms Are Where Summers Want To Work
Concerns and anxieties about future job prospects have continued to arise among law students as they find themselves facing reduced success in securing interviews for sought-after summer associateships this year, according to Law360 Pulse's 2024 Summer Associate Survey.
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In-House Legal Teams' AI Use Outpaces Law Firms
More corporate legal professionals are trusting of artificial intelligence and using the technology than law firm professionals, according to a report released Tuesday by contract management platform provider Ironclad.
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Debevoise Aims To Sink Cognizant Bribery Trial Subpoena
Debevoise & Plimpton LLP urged a New Jersey federal judge Monday to quash defendants' trial subpoena that would require a Debevoise partner to testify in an upcoming September criminal bribery trial against ex-Cognizant Technology Solutions's chief legal officer and another former executive, arguing that the testimony is subject to attorney-client privilege.
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Rutgers GC, Former NJ AG Tapped For State Supreme Court
John Jay Hoffman, general counsel at Rutgers University since 2016 and acting New Jersey attorney general under former Gov. Chris Christie, is Gov. Phil Murphy's latest pick for the state Supreme Court, the governor announced Monday.
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Attys Adopting Generative AI Tools As They Learn The Lingo
Law firms are full steam ahead on generative tools, although some attorneys are still learning the vocabulary associated with this new technology, a panel of experts said Monday.
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Seagate Hires Veteran Tech Atty As Legal Chief
Data storage company Seagate Technology Holdings announced Monday that the former general counsel at space technology company Maxar Technologies Inc. has joined Seagate as its new senior vice president, chief legal officer and corporate secretary.
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Tesla Investors Gearing Up For Thursday Vote On Musk Pay
Among several hot issues coming up at Thursday's annual meeting of Tesla Inc., investors are preparing for possible confrontation over CEO Elon Musk's pay package.
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Former Exelon Atty Starts New Chapter As Books-A-Million GC
Alabama-based book retailer Books-A-Million has announced that the former assistant general counsel of utility giant Exelon was named the company's new lead attorney.
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McKesson CLO Earned $8.8M In First 3 Months
McKesson Corp.'s new chief legal officer earned more than $8.8 million in the first few months of her current stint at the healthcare company.
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Live Urgent Care In-House Atty Axed For Pregnancy, Suit Says
A former in-house attorney and compliance officer for Live Urgent Care LLC alleged in New Jersey state court on Friday that she was fired in retaliation for asking to take maternity leave and demanding a bonus she claims was never paid.
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Justices To Hear Meta Investor Suit Over Risk Disclosures
The U.S. Supreme Court on Monday agreed to hear Meta Platforms' petition regarding the Ninth Circuit's decision to partially revive investors' claims over the Cambridge Analytica data abuse scandal, after the tech giant argued the appellate panel adopted "extreme outlier positions."
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'Fearless' Ex-Tech GC Opens Seattle Legal Services Office
When legal services company Latitude decided to open a new office in Seattle this month, it chose someone with a "brave and fearless" attitude to be the leader and founding partner of the new enterprise.
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Southwest Attys Get Pause On 'Punitive' Religious Training
In finding Friday that an order for several in-house Southwest Airlines attorneys to undergo "religious liberty training" should be permanently placed on hold while an appeal of a flight attendant's Title VII trial win is pending, the Fifth Circuit said the district court had likely exceeded "the scope of the court's civil-contempt authority."
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Legal Job Market Keeps Momentum With May Gains
Following April's increases, the U.S. legal sector saw marginal job growth in May, with an increase of 400 jobs compared to the previous month, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.
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Fla. Builder's Former In-House Atty Beats DQ Bid In Firing Suit
A Florida federal judge has rejected a development company's bid to disqualify the Boatman Ricci law firm from representing the company's former in-house counsel in his wrongful termination lawsuit.
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GC Cheat Sheet: The Hottest Corporate News Of The Week
A panel of women in the general counsel role gathered at the New York City Bar Association on Wednesday to share the challenges and opportunities they encounter in the in-house legal landscape, and a new survey identified the top three privacy risks for companies and their compliance professionals this year. These are among the stories in corporate legal news you may have missed in the past week.
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Ex-Paramount Exec To Lead Skydance Business, Legal Affairs
Skydance Media announced that an experienced entertainment executive who has held positions at Spotify, Paramount and film distributor A24 has been appointed the company's president of global business and legal affairs.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry began June with another action-packed week as BigLaw firms expanded their offerings and made new hires. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Expert Analysis
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Series
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.
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Personality Tests And Machine Learning Applications In Law
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.
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AI Is Reshaping Lawyering: What To Expect In 2024
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.
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Embrace Active Voice In Legal Writing — In Most Cases
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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Series
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.
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How AI Legal Research Tools Are Shifting Law Firm Processes
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.
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Data Source Proliferation Is A Growing E-Discovery Challenge
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.
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Bracing For A Generative AI Revolution In Law
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.
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Why I Use ChatGPT To Tell Me Things I Already Know
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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Series
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.
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Yada, Yada, Yada: The Magic Of 3 In Legal Writing
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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.
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How Firms Can Stop Playing Whack-A-Mole With Data Security
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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.
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5 Life Lessons From Making Partner As A Solo Parent
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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Series
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.
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How To Thrive As A New Legal Operations Manager
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.