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General Counsel Pay Has Spiked 25% Since 2019
Total compensation for general counsel at a sample of the largest U.S. companies has increased by nearly 25%, or from $2.6 million in 2019 to $3.3 million in 2023, according to a report released Tuesday by data analyst Equilar Inc.
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What Summer Associates Learned From Working At Firms
We asked this year's cohort about the most valuable lessons they learned during their summer associateship. Here are some tips they have to pass on to the students who have yet to land a coveted spot or are ready to embark on a career in law.
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What Law Firms Really Look For In Summer Associates
More and more, law firms are bypassing the traditional schedule for on-campus interviews in their search for summer associates. Firm leaders who oversee recruiting for these programs spoke with Law360 Pulse about where they stand on timing and what law students can do to secure a summer placement that works best for their career.
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These Firms Were The Top For Their Summer Associates
BigLaw firms have again set the bar high with their summer associate programs this year, earning high praise from participants who cited the increased opportunities for courtroom experiences, pro bono work, and comprehensive mentorship and networking support.
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Barnes & Noble Education Unit's CLO Resigns
The legal head at Barnes & Noble Education Inc. has stepped down after more than seven years at the helm of the law department, the company said in a securities filing Monday.
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Do GCs Even Know Company's AI Use? Survey Raises Doubts
Top legal officers appear badly misaligned with other executives or are misinformed on the use of artificial intelligence at their companies, especially in the human resources area, according to a new survey released Tuesday.
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Coinbase Brings On Ex-Citadel Legal Chief With SEC Chops
Coinbase announced on Monday it has hired Ryan VanGrack to serve as its vice president of legal, where he will be overseeing civil litigation, regulatory probes, employment and intellectual property matters for the crypto exchange after spending seven years with Citadel Securities as general counsel.
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DOJ Adds AI Risk To Corporate Compliance Program
The U.S. Department of Justice's Criminal Division is now weighing how companies manage risk related to artificial intelligence and potentially stymie whistleblowers, one of several updates to the division's policies on evaluating corporate compliance programs announced by a senior official on Monday.
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Law Firm Rates Rise In 2023, But Mixed Outlook Ahead
Corporate legal departments continue to face rising hourly rates from law firms, but rate changes have varied across industries, and the first four months of 2024 present a snapshot of these varying average rate increases, according to a recent report from Wolters Kluwer's ELM Solutions.
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EBay Finds New Top Attorney In Former TriNet CLO
E-commerce giant eBay Inc. said Monday it has hired the former top attorney at human resources services company TriNet to take the reins of the legal department in October.
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Warner Bros. Atty Joins Free TV Networks As GC
Free TV Networks, an operator of digital over-the-air broadcast TV channels and ad-supported streaming platforms, has added a veteran attorney from Warner Bros. Discovery as its general counsel.
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Biotech Co. Precigen Announces IP Exec's Departure
Precigen Inc. announced Monday in a U.S. Securities and Exchange Commission filing that its senior vice president of intellectual property affairs will be leaving at the start of November after more than a decade with the biotechnology company.
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SC State Taps Law Firm Managing Partner As New GC
South Carolina State University announced that an experienced litigator who's spent nearly two decades working on a wide range of matters from product liability disputes to premises liability cases has joined the school as its new general counsel.
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Ex-Synaptics Atty Starts As Software Firm Silvaco's 1st GC
An in-house attorney who formerly worked at US Foods and Synaptics took the first-ever general counsel spot at Silvaco on Monday, she said in a recent LinkedIn post, just under five months since the electronic design automation software company went public.
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FEMA Looks To Escape Atty's Bias And Retaliation Suit
The U.S. government has asked a federal judge to toss a suit alleging two agencies pushed out an Asian American attorney following her complaints that a male colleague harassed her, arguing she failed to state a claim in her "behemoth," 190-page complaint.
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IMF Promotes Deputy General Counsel To Top Job
The International Monetary Fund has promoted from within to fill the general counsel position held by Rhoda Weeks-Brown since 2018.
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Ex-Healthcare Exec Can't Sue GC Over Probe Advice
A former Baxter International treasurer who was fired amid an investigation into improper foreign exchange transactions was correctly blocked from pursuing claims against the healthcare company and its general counsel over advice he received on navigating the probe, an Illinois appellate panel said Friday.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the end of summer with another action-packed week as BigLaw snagged new talent and lawmakers sought an increase in federal judgeships. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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Microsoft Accused Of Racial Bias By Ex-Diversity Professional
A former Microsoft employee tasked with helping advance diversity and inclusion efforts has filed a discrimination suit in Washington state court accusing the tech giant of an "ongoing campaign of intimidation, discrimination, and retaliation" against its Black female employees.
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Legal Industry Split On Regulating AI's Use In Profession
Nearly half of the participants in a survey examining the impact of artificial intelligence said they support regulation around the technology's use in the legal profession, according to a recently released report from the International Bar Association and the Center for AI and Digital Policy.
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Chevron's Demise May Not Bring Deluge Courts Had Feared
Though the death of Chevron deference has opened a door to attacking administrative decisions, the expected uptick in litigation probably won't threaten to clog federal courts, numerous administrative law experts told Law360.
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Embattled Warner Bros. Discovery Searching For New CLO
In the middle of two key legal battles at Warner Bros. Discovery Inc., CEO David Zaslav has announced the departure of the chief legal officer, a lawyer and close adviser that Zaslav brought with him when Discover merged with Warner in 2022.
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Law360's Legal Lions Of The Week
Covington & Burling LLP and Pisanelli Bice PLLC lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court rejected the Nevada Green Party's request to have Jill Stein's name reinstated on the state's presidential ballot Friday.
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Meruelo Group CLO Returns To Ballard Spahr As Partner
A longtime Ballard Spahr attorney who spent the past three years as chief legal officer at the Meruelo Group this week began his second stint as a partner at the law firm.
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15 Corp. Leaders Back $1.6M Pre-Seed For Legal AI Startup
An artificial intelligence platform for in-house counsel raised a $1.6 million pre-seed round with the financial support of 15 corporate executives, the startup confirmed to Law360 Pulse on Thursday.