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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.
iHeartMedia general counsel Jordan Fasbender, who has been in the role since 2021, earned over $2.3 million in total compensation in 2023, a slight decrease from 2022's $2.5 million, according to a recent U.S. Securities and Exchange Commission filing.
An embattled Macy's Inc. gave its new chief legal officer an $840,000 signing bonus plus $630,000 in stock awards when she joined the iconic department store chain on Jan. 8, according to the company's proxy statement.
The longtime chief legal officer for financial information and data analytics service provider FactSet Research Systems Inc., Rachel Stern, will join the asset management firm Baron Capital as chief operating officer in June, the firm said Tuesday.
Orthofix Medical Inc. has hired a longtime in-house lawyer from Stryker Corp. to be its next chief legal officer, about seven months after the spine and orthopedics company ousted its top attorney and two other executives following an investigation into "repeated inappropriate and offensive conduct."
Well-known arbitrator Kenneth Feinberg, speaking at a conference on Monday, said that he doesn't automatically wrinkle his nose when he hears that a litigation funder is part of a complex legal matter that he is attempting to find a resolution to.
A Colorado federal court has narrowed a lawsuit by a former medical device company's in-house attorney against Loeb & Loeb LLP and an ex-firm attorney for pursuing claims on behalf of the business alleging that he stole its trade secrets.
With higher interest rates and fights over disclosure rules on the horizon, the litigation finance industry is in a tenuous place, but it's not slowing down, a series of experts said at the International Legal Finance Association 2024 Conference on Monday.
The legal chiefs at Microsoft and Walmart are among about a dozen leading corporate lawyers who soon will be recognized at the Burton Awards as "Legends in Law" for their track records of addressing complex matters and creativity in solving challenges.
An experienced BigLaw partner who worked at Simpson Thacher & Bartlett LLP and Skadden Arps Slate Meagher & Flom LLP has been named the general counsel of New York Community Bancorp Inc. alongside other executive appointments.
Littler Mendelson PC has rehired a former associate, who left the firm to join her alma mater as its associate general counsel more than a decade ago, the firm announced Monday.
The chief legal officer of biotechnology company 10x Genomics Inc. earned roughly $3.9 million in 2023, down from about $11.9 million the previous year, mostly because of reduced earnings from stock awards, according to a public filing.
An employee benefits and executive compensation attorney has moved to private practice at Ballard Spahr LLP after spending more than a decade in-house at Union Pacific Railroad.
Cognizant Technology Solutions Corp.'s legal head saw his overall compensation climb back up to roughly $4.1 million in 2023, after making about $3.3 million in 2022, the IT services giant disclosed Friday in a securities filing.
Bressler Amery & Ross PC has picked up a former in-house attorney for Citi who will serve as a principal in the firm's Fort Lauderdale, Florida, office.
W&T Offshore Inc. announced that an experienced in-house attorney who has served in general counsel roles with companies such as ExxonMobil and Comerica Bank has been appointed to its recently expanded board of directors.
Marshall Dennehey PC expanded its professional services team this week by adding an attorney who left his role as counsel for Liberty Mutual to lead the firm's professional development team.
The longtime top attorney for Mary Kay Inc. has returned to private practice at trial litigation firm Lynn Pinker Hurst & Schwegmann LLP in Dallas after more than two decades in-house, in what she calls a full circle moment bringing her back to her roots.
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.
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.