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Corporate compliance lessons were never far from the headlines in 2024, as regulatory challenges and headaches facing industries ranging from healthcare to aerospace played front and center, including TD Bank's historic $3.1 billion money laundering settlement that federal prosecutors billed as one for the risk-management textbooks.
Jurists weighed the benefits of partisan elections, praised innovations in telehearings and worried about the future of the profession in nearly a dozen interviews with Law360 this year.
A former general counsel and corporate secretary who once worked for suburban New York and Connecticut banks pled guilty on Friday to two counts connected to a nearly 10-year embezzlement scheme that topped $7.4 million before Webster Bank, based in Stamford, terminated his employment in February 2023, federal prosecutors said.
FisherBroyles LLP has hired a longtime Stein Sperling Bennett De Jong Driscoll PC attorney and a former Workday director and privacy counsel, who are joining the firm's teams in Washington, D.C., and Palo Alto, California, as partners, the firm has announced.
The general counsel of Polaris Industries will move into the same position at power management company Eaton Corp. PLC in January, and will be elevated to chief legal officer in April when the current legal chief retires.
LGBTQ+ advocacy group Lambda Legal has hired a new senior attorney focused on the organization's work defending the transgender community.
Electric aviation company Surf Air Mobility Inc. has appointed its former chief legal officer and the former general counsel for Elon Musk's rocket company SpaceX to its board of directors.
This was another action-packed week for the legal industry as law firms announced large associate bonuses, opened up new offices, and made notable hires. Test your legal news savvy here with Law360 Pulse's weekly quiz.
Bain Capital has asked a New Jersey state court to toss discrimination claims brought by a former in-house attorney for a chemicals company it had acquired, alleging she was unlawfully dismissed after she discussed taking leave to recover from a miscarriage.
An experienced in-house attorney who most recently served as general counsel of real estate developer MDC Holdings has joined Norton Rose Fulbright's Denver office as senior counsel in its corporate, mergers and acquisitions, and securities practice.
Marketing technology startup Banzai International Inc. announced that an experienced in-house attorney who most recently served as an executive with pharmaceutical company Novartis has joined the company as its new top legal officer.
Construction company EMCOR Group Inc. has expanded its board of directors with the Toro Co.'s former general counsel, the company said Thursday.
A number of legal ethics topics dominated the conversation in 2024, including artificial intelligence and the fallout of an undisclosed relationship between a Texas bankruptcy judge and an attorney whose firm appeared before him for years.
Billing rates for outside counsel continued to rise in 2024, with law firm associate rates experiencing the sharpest growth, increasing by 3.11% compared to the previous year, according to a recent report from Wolters Kluwer's ELM Solutions.
The Crypto Council for Innovation has announced that its chief legal and policy officer, who previously practiced at Willkie, will be elevated to the roles of president and acting CEO, following its current leader's decision to step down from the position in early January.
The International Association of Machinists and Aerospace Workers announced that the union's longtime director and counsel for human resources will be elevated to the role of associate general counsel at the start of 2025.
National firm Quarles & Brady LLP has added the former assistant general counsel of Ulta Beauty to bolster its real estate practice group and efforts to advise its commercial real estate industry clients.
Florida business law firm Gunster has picked up a pair of new shareholders for its Miami office, including a real estate attorney from Cozen O'Connor and a labor and employment attorney who was previously in-house at Costa Farms.
The Federalist Society has found its second president and chief executive officer in an attorney who most recently served as counsel at the retail giant Walmart.
Locke Lord LLP has hired the former general counsel for specialty property and casualty insurance company Everspan Group to bolster its regulatory and transactional insurance practice group.
Hunton Andrews Kurth LLP announced Monday that a longtime vice president and senior counsel at the National Retail Federation has joined the firm's Washington, D.C., office as a public policy and government relations partner.
The Tallahassee, Florida, office managing partner of Shutts & Bowen LLP has been tapped to serve as general counsel to the Republican National Lawyers Association, bringing experience representing government and political organizations, the firm announced Monday.
Constellation Energy Corp. announced Monday that a former co-chair of Jenner & Block LLP's energy practice has been appointed the Baltimore-based energy producer's new general counsel.
Xilio Therapeutics Inc. announced Monday that it has hired an attorney who previously worked in-house for Seres Therapeutics Inc. and as an associate at Latham & Watkins LLP to be its chief legal officer and help steer its legal strategy and operations.
The U.S. Securities and Exchange Commission announced Friday that the head of its Division of Corporation Finance, who oversaw the finalization of controversial new rules covering environmental disclosures and share repurchases, will leave the agency at the end of the year.
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.
By initiating planning and processes to evaluate personal retirement goals and firm value early, longtime solo practitioners and small-firm owners can unlock a range of possibilities and potential buyers, setting up for a profitable exit and a rewarding transition, says Brent Daub at Gilson Daub.
When crafting an appellate brief, the focus for most lawyers is the argument section, but other sections also offer strategic opportunities to shape the court's perception of the case and favorably frame the issues, say attorneys at Frost Brown.
Kate Driscoll at Morrison Foerster suggests six questions to help candidates evaluate whether a secondment will benefit their career.
Recent approaches to hiring chief marketing officers demonstrate how firms are reimagining their marketing and business development frameworks to stay competitive and responsive to evolving client needs, says Murray Coffey at M Coffey.
Sarah Kovit Hanna at Assurant discusses how she balances the demands of her in-house role and the support needs of her son, who was diagnosed with autism, as a single mom, and reflects on how the legal industry can better support caretakers of family members who have special needs.
Debbie Berman at Jenner & Block offers advice on how attorneys can make a meaningful impact on their communities through pro bono work while enhancing their professional development through strengthened client-facing skills, hands-on experience and more.
Series
My Nonpracticing Law Job: Law Firm MarketerLiz Bard Lindley at Jaffe PR shares how she went from a family law associate who helped write industry articles to a savvy legal public relations and marketing professional, and offers takeaways for any attorney who might not feel at home in their law practice and is considering alternative career paths.
In recent years, the deputy general counsel role has expanded and become increasingly vital in organizations across the globe, and companies should consider a few ways to retain this top talent, including by offering competitive compensation that reflects projected increases, says Heather Fine at Major Lindsey.
Life coach and author Wendy Tamis Robbins discusses why she left a career in BigLaw to work in the professional well-being space after finding freedom from anxiety, obsessive-compulsive disorder and substance use disorders, and highlights two changes the legal industry should implement to address attorneys' mental health.
With full-time offer rates at the lowest point since 2012, summer associates must do all they can to distinguish themselves, starting with a few fundamentals — from the importance of asking clarifying questions to being honest about mistakes, says James Argionis at Cozen O'Connor.
To meet the demands of an evolving legal market and changing client expectations, law firms must not only embrace innovation, but also find ways to accelerate adoption and mitigate risks in an industry historically resistant to change, says Shireen Hilal at Maior Strategic Consulting.
Sabina Lippman at CenterPeak discusses steps BigLaw partners can take when considering a move or announcing their departure to help navigate tricky compensation issues and remain on good terms with their current partners.
Jennifer Hoekstra at Aylstock Witkin shares the tough conversations about timing, goals, logistics and values involved in her family's decision that she would build her career as a litigator and law firm partner while her husband stepped back from his own litigation role to stay home with their children.