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PayPal settled with the DOJ to end a probe into what the government agency said was a discriminatory investment program for Black- and minority-owned businesses. Meanwhile, Meta's global head of legal operations during a panel discussion predicted that the billable hour will be the exception — not the rule — in five years. These are among the stories in corporate legal news you may have missed in the past week.
The U.S. Securities and Exchange Commission recently put forth a plan that could allow publicly traded companies to move from a quarterly to a semiannual reporting schedule, but whether they choose to do so and how that could impact both the growth of the public markets and insider-trading plans for corporate leaders remains up for debate.
After years of leading the charge for tech giants like Microsoft and Spotify, Horacio Gutierrez, Disney's chief legal and compliance officer, now builds a legal fortress to protect Disney's legacy as well as its future.
Proskauer Rose LLP announced this week that it has added two partners to its New York office — a restructuring attorney who joins from Davis Polk & Wardwell LLP and a private funds attorney who comes from advisory-focused investment bank PJT Partners.
The legal industry marked mid-May with another busy week as BigLaw firms expanded their practices and presence across the country. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Nexstar Media Group Inc. has announced that it has appointed a longtime in-house attorney to once again serve as its general counsel to lead its legal department.
Plaid has reshuffled its legal team, including giving additional duties to a former top federal banking official who was appointed by the Trump administration, as the financial technology infrastructure firm's top lawyer transitions to a senior adviser role.
Meta's global head of legal operations predicts that the billable hour will be the exception, not the rule, in five years, telling a packed room of legal ops professionals at an annual conference this week that he is already asking law firms for fixed-fee agreements for their work.
UnidosUS, the largest Latino civil rights and advocacy organization in the United States, has hired the former deputy general counsel at the U.S. General Services Administration for a new top legal role the group created, according to a recent announcement.
Mining business Rio Tinto said Thursday it has appointed BP's deputy general counsel as its new chief legal officer for governance and corporate affairs.
The legal department of the European-based private debt firm Park Square Capital slashed review times and outside spending costs for certain documents in early 2026 by turning to an artificial intelligence tool.
As Nvidia Corp., which currently has the highest market valuation of any corporation at $5 trillion, boasted of its 65% revenue growth in fiscal year 2026, the man responsible for navigating its legal challenges saw his compensation drop by $5 million, according to a recent securities filing.
The chief legal and privacy officer for the commerce media platform Cardlytics Inc. is stepping down in early July with a $380,000 separation payment and an additional $70,000 lump sum payment on the way.
Legal operations leaders speaking at a national conference in Chicago said character and likability matter more than people think when it comes to vendors and outside counsel pitching products and services to corporate law departments.
Hilton's legal operations team recently did an artificial intelligence tour where it met with its top 10 law firms in terms of spending to learn more about how they are using AI, and one firm stood apart from the rest.
Patrick Zeller, the first general counsel of JetStream Security Inc., talks about his career path from prosecuting computer crimes to leading in-house privacy and cyber teams, to helping companies manage artificial intelligence.
Despite geopolitical uncertainties driven by an escalating Middle East conflict, surging energy prices and tariff concerns, law firms' first-quarter performance may be a positive harbinger for the legal industry, according to new survey results from Citi Global Wealth at Work Law Firm Group.
Following the merger of Corebridge Financial and Equitable Holdings Inc., Corebridge's legal leader will become the top attorney at the newly combined company, the companies announced Tuesday.
A former senior in-house attorney at Google and Endeavor Group Holdings has launched her own fractional general counsel and business strategy advisory practice in Georgia.
Invitation Homes said Mark Solls, the company's chief legal officer, agreed to remain in his position and take an additional compensation package, deferring his previous plan to retire by the end of the year.
The U.S. Supreme Court on Monday opened the door for Alabama to use electoral maps that the justices previously found unconstitutionally diluted Black residents' voting power, following the court's recent ruling limiting the Voting Rights Act's use in challenging racial discrimination in congressional redistricting.
Ohio Gov. Mike DeWine on Monday selected Andy Wilson, the head of the state's public safety department, to replace state Attorney General Dave Yost, who recently announced he will be stepping down next month to take a job with a conservative legal advocacy group.
A majority of legal leaders in a new global survey said artificial intelligence is becoming mainstream for their key legal processes, with about 35% saying they now use AI to automate data maintenance, for compliance tracking and for filings while another 26% said they are piloting AI tools for select processes.
BakerHostetler announced Monday it added two partners from Spencer Fane LLP to its litigation practice group, including the latter firm's Dallas office managing partner, to bolster its capacity to handle commercial disputes and other matters.
The chief legal officer of software company Okta Inc. earned more than $12 million last year, up from about $7.3 million the previous year, a recent securities filing shows.
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
Series
Ask A Mentor: How Do I Relay Shortcomings To Associates?
Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.
Series
Ask A Mentor: How Can New Partners Generate Business?
Christine Wong at MoFo discusses how newly elected partners can prioritize business development by creating a strategic plan with the firm's marketing team and strengthening relationships with professional and personal networks.
Hidden in the U.S. Supreme Court’s opinions from the last term are each justice’s talents for crafting choice turns of phrase, highlighting best practices for attorneys to jump-start their own writing, says Ross Guberman at BriefCatch.
As law firms embrace Web3 technologies by accepting cryptocurrency as payment for legal fees, investing in metaverse departments and more, lawyers should remember their ethical duties to warn clients of the benefits and risks of technology in a murky regulatory environment, says Heidi Frostestad Kuehl at Northern Illinois University College of Law.
New York's recently announced requirement that lawyers complete cybersecurity training as part of their continuing legal education is a reminder that securing client information is more complicated in an increasingly digital world, and that expectations around attorneys' technology competence are changing, says Jason Schwent at Clark Hill.
Opinion
Law Firms Stressing Work-Life Balance Are Missing The Mark
Law firms struggling to attract and retain lawyers are institutionalizing work-life balance through hybrid work models, but such balance is elusive in a client services and tech-dependent world, underscoring the need for firms to instead aim for attorney empowerment and true balance within — not outside — the workplace, says Joe Pack at Pack Law.
Summer associates are expected to establish a favorable reputation and develop genuine relationships in a few short weeks, but several time management, attitude and communication principles can help them make the most of their time and secure an offer for a full-time position, says Joseph Marciano, who was a 2022 summer associate at Reed Smith.
To avoid physical and emotional exhaustion, attorneys must respect their own and their colleagues' personal and professional boundaries, but law firms must also play a role in discouraging burnout culture — especially if they are struggling with attorney retention, say attorneys at Lowenstein Sandler.
Gibson Dunn's Debra Yang shares the bumps in her journey to becoming the first female Asian American U.S. attorney, a state judge and a senior partner in BigLaw, and how other women can face their self-doubts and blaze their own trails to success amid systemic obstacles.
Law firms that are considering creating an in-house alternative legal service provider should focus not on recapturing revenue otherwise lost to outside vendors, but instead consider how a captive ALSP will better fulfill the needs of their clients and partners, say Beatrice Seravello and Brad Blickstein at Baretz & Brunelle.