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In-House
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Women In GC Roles Are Closing In On The Gender Pay Gap
Though the gender pay gap persists, the difference in compensation between women and men at the general counsel level is narrowing — from 4.9% in 2023 to 4.3% in 2024 — according to a report out Wednesday.
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Nvidia GC's Comp Climbed Past $11M Last Fiscal Year
Silicon Valley-based tech company Nvidia's general counsel earned more than $11 million in compensation during the last fiscal year, which marks a nearly $2 million increase from the previous one, according to a recent U.S. Securities and Exchange Commission filing.
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Eli Lilly In-House Atty To Retire; New Compliance Chief Sought
Pharmaceutical giant Eli Lilly and Co.'s chief ethics and compliance officer, who has been with the company for more than two decades, is retiring at the end of the year, the company said Wednesday.
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Senators Release 'Road Map' For Crafting Federal AI Policy
A bipartisan group of senators on Wednesday laid out a "road map" for artificial intelligence policy that calls for increased AI innovation funding, testing of potential harms posed by AI and consideration of the technology's workforce implications.
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5th Circ. Expresses Doubt On Nasdaq Board Diversity Rules
Lawyers for the U.S. Securities and Exchange Commission and Nasdaq Stock Market LLC faced a barrage of questions from the full Fifth Circuit on Tuesday, with judges wondering whether rules requiring corporations to disclose board diversity information would open the door to investor questions on religious practices, political beliefs or Taylor Swift fandom.
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Legal Insurers See 'All-Time High' In Price Tag Of Claims
Some of the nation's largest legal insurance companies are reporting an unprecedented rise in "claim severity," according to survey data released Tuesday, with 11 of 13 insurers reporting paying claims in excess of $100 million in the past two years.
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Drug Tech Co. Hires J&J Atty As Chief Strategy Officer
A former in-house counsel for Johnson & Johnson and Bristol-Myers Squibb Co. has taken a new role as chief strategy officer at analytics company Kalderos, which created a drug discount management platform, according to a Tuesday announcement.
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Judge Nixes In-House Atty's $7.5M Suit Against Client's Estate
A Connecticut federal judge has determined the $7.5 million vexatious litigation claims a onetime in-house counsel filed against the estate of a former client were served weeks too late, ending a nearly seven-year-old case.
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FINRA Promotes Ex-Rockefeller Financial GC To Exec VP Role
An experienced attorney who rejoined the Financial Industry Regulatory Authority in 2022 after serving as Rockefeller Financial LLC's general counsel has been promoted to serve as FINRA's executive vice president of examinations and membership application program.
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Former Clarion Capital Manager Returns As General Counsel
An attorney who previously worked at Clarion Capital Partners LLC has rejoined the New York-based investment manager as its general counsel.
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Perkins Coie Launches In London With PE Veteran
Perkins Coie LLP said Tuesday that it has launched in London with a team of six corporate lawyers led by a private equity veteran to serve European technology companies and investors from one location.
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Tesla Threatened To Fire Holland & Knight, Law Prof Says
Tesla tried to bully a law professor out of filing an amicus brief in investors' suit over Elon Musk's $56 billion compensation plan, in part by threatening to fire the company's longtime outside counsel at Holland & Knight LLP if the professor submitted his brief, according to a filing Monday in Delaware.
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50 Cent, GC Accused Of Federal Wiretap Violations
A liquor business consultant has told a New York state court that Curtis "50 Cent" Jackson and the rapper's general counsel violated federal and New Jersey wiretap statutes, after the court dismissed an earlier counterclaim lodged under the Illinois Eavesdropping Act.
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Binance Says Sullivan & Cromwell, FRA To Serve As Monitors
Crypto exchange Binance said Monday that the federal government has selected a Sullivan & Cromwell LLP partner and a Forensic Risk Alliance founding partner to serve as independent third-party monitors overseeing its compliance with the terms of its $4.3 billion settlement and guilty plea over money laundering, bank fraud and sanctions violations.
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Skanska Promotes GC To Lead USA Building Business Unit
Construction and development company Skanska said Monday it has promoted its general counsel and chief administrative officer to serve as president of Skanska USA Building Inc.
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Wireless Charging Co. Promotes General Counsel To CEO
WiTricity Corp., which sells wireless charging systems for electric vehicles, on Monday announced it has appointed its chief legal officer as the private company's next chief executive officer and a member of the board of directors.
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Akin Brings On Sidley Energy Pro In Houston
Akin Gump Strauss Hauer & Feld LLP announced Monday that it is continuing the expansion of its energy transactions practice in Houston with a partner who arrived from Sidley Austin LLP.
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Cleary Adds In-House Vet To Private Funds Practice In NY
Cleary Gottlieb Steen & Hamilton LLP announced Monday that it added an experienced attorney as a counsel in its New York office who has worked in a variety of executive roles at different hedge funds.
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FinTech Atty Moves From R3 To BakerHostetler In SF
BakerHostetler has added to its San Francisco office a former counsel and head of government relations at digital finance company R3, bolstering its business practice, its blockchain technologies and digital assets team and its financial services team, the firm announced Monday.
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Barnard College Alum Returns As General Counsel
Barnard College announced that a former student and the current deputy general counsel for the Office of the New York State Attorney General will join at the start of June as the women's college's new general counsel.
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Mining Co. Plans To Replace Exiting GC With A Familiar Face
Alpha Metallurgical Resources Inc. will soon welcome back as its general counsel an attorney who previously worked for the company for more than three years and has served in-house stints for other companies, including UPM Pharmaceuticals.
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Former DaVita Atty Gets Promotion At Litigation Funder
Litigation finance company Lex Ferenda announced Monday that it had promoted its managing director of underwriting and risk and hired one of its interns to another key job.
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MultiPlan Top Atty Announces June Resignation Plans
After nearly a decade spent serving as general counsel, the top lawyer at insurance billing contractor MultiPlan announced his intention to resign from the company at the end of June, according to a recent U.S. Securities and Exchange Commission filing.
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Tax Lien Association Hires Industry Pro As GC
The National Tax Lien Association has found its new general counsel in an experienced attorney less than four months after the death of its longtime top attorney.
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Atty Says Panoramic Fired Her For Raising Compliance Issues
Panoramic Health faces a wrongful termination suit filed Thursday in Colorado federal court by its former assistant general counsel who claims she was fired after raising concerns about its alleged noncompliance with federal anti-kickback statutes and regulations over its federally funded kidney care contracting program.
Expert Analysis
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A Scientific Path For Improving Diversity At Law Firms
Law firms could combine industrial organizational psychology and machine learning to study prospective hires' analytical thinking, stress response and similar attributes — which could lead to recruiting from a more diverse candidate pool, say Ali Shahidi and Bess Sully at Sheppard Mullin.
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Series
Ask A Mentor: How Can Associates Seek More Assignments?.jpg)
In the first installment of Law360 Pulse's career advice guest column, Meela Gill at Weil offers insights on how associates can ask for meaningful work opportunities at their firms without sounding like they are begging.
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Legal Sector Regulatory Reform Is Key To Closing Justice Gap
In order to improve access to justice for those who cannot afford a lawyer, states should consider regulatory innovations, such as allowing new forms of law firm ownership and permitting nonlawyers to provide certain legal services, says Patricia Lee Refo, president of the American Bar Association.