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Law360 Pulse covered the biggest legal news this week, including new reports on law firm attrition, gender parity in law firms' real estate practice groups, and first quarter law firm combinations. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Key congressional leaders announced a surprising deal on a national data privacy framework, and a Republican congressman said he plans to ask the U.S. Securities and Exchange Commission to push back the compliance timeline for controversial rules governing corporate climate disclosures. These are among the stories in corporate legal news you may have missed in the past week.
A trio of attorneys has joined Burns & Levinson LLP's private client group in Boston, the firm said in a recent statement.
Chevron Corp.'s general counsel R. Hewitt Pate earned about $7.3 million in compensation in 2023, down from roughly $8.1 million the year prior, a proxy statement filed with the U.S. Securities and Exchange Commission says.
The chief legal officer of American Airlines earned a total of $7.7 million in 2023, according to a proxy statement filed Thursday with the U.S. Securities and Exchange Commission.
Clark Hill PLC announced Wednesday that its lobbying arm Clark Hill Public Strategies has hired a former General Motors government relations director who will be splitting his work between Washington, D.C., and Michigan's capital city Lansing.
Metal 3D printing technology company Velo3D announced Thursday that it had brought aboard a new general counsel with more than 15 years of in-house corporate law experience to lead its in-house legal team amid a time of growth for the 6-year-old additive manufacturing business.
Amazon general counsel and longtime employee David Zapolsky saw his total reported compensation dip significantly — from about $18.2 million in 2022 to $371,600 in 2023 — due to the impact of stock awards, a Thursday securities filing shows.
Pinterest Inc.'s chief legal officer, who has previously held senior roles at Discover, PayPal and American Express, brought home more than $10 million in total compensation in 2023.
Healthcare-focused Frier Levitt has expanded its roster with a pair of experienced partners who most recently worked as a litigator at Mandelbaum Barrett PC and as general counsel for molecular diagnostics company Enzo Biochem Inc.
The longtime top legal officer for shipping and mailing technology company Pitney Bowes Inc. saw his compensation rise to over $1.7 million in 2023, continuing growth since 2021, a recent U.S. Securities and Exchange Commission filing showed.
Burr & Forman LLP has brought on an in-house pro with more than $60 billion of transaction experience to its office in Jacksonville, Florida, adding the former general counsel of public company Cannae Holdings Inc. in Las Vegas to its corporate and tax practice.
IBM has found as its next chief legal officer a seasoned in-house lawyer who has held senior posts at Vanguard, Citi and American Express, the technology giant said Thursday.
Spencer Fane LLP has added two new real estate partners to its Dallas office, including a former in-house general counsel at a marina company and a former Bradley Arant Boult Cummings LLP attorney.
The New York Stock Exchange's general counsel is leaving her role next month, for a new post as the chief legal officer for Broadridge Financial Solutions Inc., the group announced Thursday.
DuPont de Nemours Inc.'s senior vice president and general counsel Erik T. Hoover received roughly $2.5 million in total compensation for 2023, down about $300,000 from the prior year, a public filing says.
Nationwide injunctions have dramatically increased in recent years, particularly during the Trump administration, a trend that has politicized the judiciary and risks further politicization without reforms, according to a study published in the Harvard Law Review on Wednesday.
A former Reed Smith LLP attorney failed in her bid to have a New Jersey state judge disqualified from her gender discrimination suit against the firm, with the judge on Wednesday turning down her argument that he improperly reviewed a certification from the firm's general counsel.
A former in-house attorney at South Korean conglomerate Coupang told a Washington federal judge this week that his whistleblower claims against the company are valid according to the terms of his employment contract.
When interviewed about client service, corporate legal decision-makers praised a select few law firms, even as the overall satisfaction of corporate clients has fallen in recent years, according to a report released Wednesday by BTI Consulting Group.
General counsel Amy Wilson of Dow Inc., which operates through the wholly owned Dow Chemical Co., has prepared a proxy statement for the company's online annual meeting on Thursday morning that includes two shareholder proposals.
Womble Bond Dickinson has brought on the former general counsel of development firm Sixty West to its Atlanta office, strengthening its business litigation group with a former Greenberg Traurig LLP shareholder who co-chaired its business litigation team in Atlanta, the firm announced Wednesday.
A Massachusetts-based pet food company has tapped the former senior counsel for Keurig Dr. Pepper Inc. as its new vice president of legal, the company announced Wednesday.
The former general counsel of supply chain software company E2open Inc. has jumped aboard legal technology company Onit Inc., following in the footsteps of former E2open CEO Michael Farlekas, who made the leap in January.
Financial services firm TP ICAP said Wednesday that it has hired a top lawyer from Societe Generale in London to serve as its general counsel for Europe, the Middle East and Africa.
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
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.