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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.
As in-house legal departments see increases in work and demand while dealing with persistent budget constraints, general counsel are looking to invest in technology and delegate more work to the legal operations role, a new survey found.
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.
McGuireWoods LLP has hired the former in-house counsel of two Fortune 500 tech companies as a corporate technology and outsourcing team partner in New York, the firm said Thursday.
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.
Not even six months into leading the legal department at LegalBillReview.com, Brian Arbetter now understands misconceptions that law firm lawyers have about in-house counsel, and vice versa.
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.
Amsterdam-based Spanish infrastructure company Ferrovial has announced the hire of a former in-house attorney at biotech company Lumicks and Dutch conglomerate Philips as its new general counsel and secretary of the board of directors.
Opinion
We Must Continue DEI Efforts Despite High Court HeadwindsThough the U.S. Supreme Court recently struck down affirmative action in higher education, law firms and their clients must keep up the legal industry’s recent momentum advancing diversity, equity and inclusion in the profession in order to help achieve a just and prosperous society for all, says Angela Winfield at the Law School Admission Council.
Law firms that fail to consider their attorneys' online habits away from work are not using their best efforts to protect client information and are simplifying the job of plaintiffs attorneys in the case of a breach, say Mark Hurley and Carmine Cicalese at Digital Privacy and Protection.
Though effective writing is foundational to law, no state requires attorneys to take continuing legal education in this skill — something that must change if today's attorneys are to have the communication abilities they need to fulfill their professional and ethical duties to their clients, colleagues and courts, says Diana Simon at the University of Arizona.
In the most stressful times for attorneys, when several transactions for different partners and clients peak at the same time and the phone won’t stop buzzing, incremental lifestyle changes can truly make a difference, says Lindsey Hughes at Haynes Boone.
Corporate legal departments looking to implement new technology can avoid hiccups by taking steps to define the underlying business problem and to identify opportunities for process improvements before leaping to the automation stage, say Nadine Ezzie at Ezzie + Co., Kenneth Jones at Xerdict Group and Kathy Zhu at Streamline AI.
Series
Ask A Mentor: How Can I Support Gen Z Attorneys?Meredith Beuchaw at Lowenstein Sandler discusses how senior attorneys can assist the newest generation of attorneys by championing their pursuit of a healthy work-life balance and providing the hands-on mentorship opportunities they missed out on during the pandemic.
There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.
Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.
Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.
Corporate counsel often turn to third-party vendors to manage spending challenges, and navigating this selection process can be difficult for both counsel and the vendor, but there are several ways corporate legal departments can make the entire process easier and beneficial for all parties involved, says David Cochran at QuisLex.
Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.
To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.
Series
Ask A Mentor: How Can I Negotiate My Separation Agreement?Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.