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Law360 Pulse looked beyond bare financials to see how business sectors, law firms and schools could influence the pay of top-earning GCs in S&P 500 companies. Here’s what we found.
With the increasingly dynamic role of the top corporate lawyer playing out across sectors — as well as stock awards that far outpace the amounts they see in their salaries and bonuses — the pay packages for most general counsel and chief legal officers continue to stay strong.
Want to know which legal chief is earning the most at an S&P 500 company? How compensation compares across business sectors? Explore the ins and outs of general counsel compensation with our interactive graphic.
Steelcase's legal leader, who has made her career in-house at the U.S. furniture designer and manufacturer, plans to retire in December, according to a securities filing on Wednesday, and the company will soon begin a search for her replacement.
Despite the buzz around generative artificial intelligence replacing lawyers, one category of legal vendors faces a particularly high risk of being supplanted: alternative legal service providers, or ALSPs.
A former Rutgers Law School dean will serve as the university's interim senior vice president and general counsel following John J. Hoffman's confirmation to the New Jersey Supreme Court, Rutgers announced Tuesday.
Binance general counsel Eleanor Hughes says she inherited "probably one of the most stressful situations a lawyer can face" when she entered her role as the company negotiated a $4.3 billion settlement with U.S. authorities, but since then her focus has been on building the right team to guide the firm's compliance forward.
Lathrop GPM LLP and Silicon Valley firm Hopkins Carley have officially joined forces after announcing their planned combination in August, which includes a pair of new West Coast offices, the firm said Tuesday.
Legal department hires over the last month included high-profile appointments at Wynn Resorts, Amtrak and eBay. Here, Law360 Pulse looks at some of the top in-house announcements from September.
The U.S. Department of Homeland Security's former general counsel Jonathan Meyer has bounced between the agency and Sheppard Mullin Richter & Hampton LLP since 2016, and now after three years as DHS' top lawyer, the firm said Tuesday he's returning to lead its national security group in D.C.
New York white collar boutique Clayman Rosenberg Kirshner & Linder LLP has announced that the former chief of the New York State Attorney General Office's real estate enforcement unit joined the firm as a partner.
Energy delivery and construction services company MDU Resources Group Inc. has hired a longtime in-house attorney at Foot Locker to serve as its new chief legal officer.
New York City Mayor Eric Adams nominated a longtime public servant as his next corporation counsel and promoted a former WilmerHale attorney to City Hall chief counsel as the embattled Democrat faces federal corruption charges.
Nonequity partners make up one of the fastest-growing tiers of lawyers at major law firms — and that tier is the most discontented, according to Law360 Pulse's 2024 Law Firm Compensation Survey.
Lawyers in private practice are generally happy with their compensation, and BigLaw associates are particularly satisfied, thanks to openly competitive rates of pay. But equity partners at smaller firms are happiest, according to a new Law360 Pulse survey.
The legal industry may be known for its relatively high pay, but don't tell that to lawyers: Barely half of all attorneys feel satisfied or very satisfied with what they make, according to a new Law360 Pulse report.
Crypto exchange Bybit has added a Binance and ByteDance alum to head its legal and compliance operations, the firm announced Tuesday.
A former partner and general counsel for the credit arm of Apollo Global Management is now a partner in Paul Weiss Rifkind Wharton & Garrison LLP's corporate department, the firm said Tuesday.
Cyber insurance company Cowbell announced Tuesday that it has promoted to serve as its general counsel an attorney who has served as its vice president of legal for more than two years.
CoinShares International's general counsel stepped down Monday "to pursue other opportunities" beyond the European cryptocurrency asset manager, the firm said in a statement.
In her final days as general counsel at the International Monetary Fund, Rhoda Weeks-Brown looked back on her 33-year legal career, speaking to Law360 Pulse about the three major financial crises she has confronted, how she sees geopolitical fragmentation as a key economic threat, and what she plans to do with her future.
TXSE Group Inc. said Monday that two legal leaders who have counsel experience at organizations including the U.S. Securities and Exchange Commission, Charles Schwab & Co. and the Cincinnati Stock Exchange are among a slew of executive appointments at the trading company as it moves closer to launching a new securities exchange.
The top lawyer for fashion holding company Tapestry Inc., the parent of Coach, Kate Spade New York and Stuart Weitzman, saw his compensation rise by almost $500,000 to about $2.7 million in fiscal year 2024, according to the company's latest federal filing.
John Jay Hoffman was approved to be the newest New Jersey Supreme Court justice by the state Senate on Monday, marking a new high point in the career of the Rutgers general counsel and former New Jersey acting attorney general.
Solar equipment supplier Shoals Technologies Group Inc. announced Monday it appointed a Troutman Pepper Hamilton Sanders LLP partner as its interim chief legal officer.
Series
Ask A Mentor: How Do I Retire Without Creating Chaos?Retired attorney Vernon Winters explains how lawyers can thoughtfully transition into retirement while protecting their firms’ interests and allaying clients' fears, with varying approaches that turn on the nature of one's practice, client relationships and law firm management.
Narges Kakalia at Mintz recounts her journey from litigation partner to director of diversity, equity and inclusion at the firm, explaining how the challenges she faced as a female lawyer of color shaped her transition and why attorneys’ unique skill sets make them well suited for diversity leadership roles.
Navigating the legal world as an Asian American lawyer comes with unique challenges — from cultural stereotypes to a perceived lack of leadership skills — but finding good mentors and treating mentorship as a two-way street can help junior lawyers overcome some of the hurdles and excel, say attorneys at Paul Weiss.
As the need for pro bono services continues to grow in tandem with the pandemic, attorneys should assess their mental well-being and look for symptoms of secondary traumatic stress, while law firms must carefully manage their public service programs and provide robust mental health services to employees, says William Silverman at Proskauer.
As more law firms develop their own legal services centers to serve as both a source of flexible personnel and technological innovation, they can further enhance the effectiveness by fostering a consistent and cohesive team and allowing for experimentation with new technologies from an established baseline, say attorneys at Hogan Lovells.
Amid pandemic-era shifts in education, law schools and other stakeholders should consider the wide geographic and demographic reach of Juris Doctor programs with both online and in-person learning options, and educators should think through the various ways hybrid programs can be structured, says Stephen Burnett at All Campus.
BigLaw has the unique opportunity to hit refresh post-pandemic and enhance attorney satisfaction by adopting practices that smaller firms naturally employ — including work assignment policies that can provide junior attorneys steady professional development, says Michelle Genet Bernstein at Mark Migdal.
In order to attract and retain the rising millennial generation's star talent, law firms should break free of the annual review system and train lawyers of all seniority levels to solicit and share frequent and informal feedback, says Betsy Miller at Cohen Milstein.
Lawyers can take several steps to redress the lack of adequate LGBTQ representation on the bench and its devastating impact on litigants and counsel in the community, says Janice Grubin, co-chair of the Judiciary Committee at the LGBT Bar Association of Greater New York.
Krill Strategies’ Patrick Krill, who co-authored a new study that revealed alarming levels of stress, hazardous drinking and associated gender disparities among practicing attorneys, highlights how legal employers can confront the underlying risk factors as both warnings and opportunities in the post-COVID-19 era.
While international agreements for space law have remained relatively unchanged since their creation decades ago, the rapid pace of change in U.S. laws and policies is creating opportunities for both new and veteran lawyers looking to break into this exciting realm, in either the private sector or government, says Michael Dodge at the University of North Dakota.
Series
Ask A Mentor: What Makes A Successful Summer Associate?Navigating a few densely packed weeks at a law firm can be daunting for summer associates, but those who are prepared to seize opportunities and not afraid to ask questions will be set up for success, says Julie Crisp at Latham.
Law firms can attract the right summer associate candidates and help students see what makes a program unique by using carefully crafted messaging and choosing the best ambassadors to deliver it, says Tamara McClatchey, director of career services at the University of Chicago Law School.
Opinion
Judges Deserve Congress' Commitment To Their SafetyFollowing the tragic attack on U.S. District Judge Esther Salas' family last summer and amid rising threats against the judiciary, legislation protecting federal judges' personal information and enhancing security measures at courthouses is urgently needed, says U.S. District Judge Roslynn Mauskopf, director of the Administrative Office of the U.S. Courts.
Series
Ask A Mentor: How Can Recalcitrant Attys Use Social Media?Social media can be intimidating for reluctant lawyers but it can also be richly rewarding, as long as attorneys remember that professional accounts will always reflect on their firms and colleagues, and follow some best practices to avoid embarrassment, says Sean Marotta at Hogan Lovells.