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In-House
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NJ US Atty Says FCPA Case Delay Pauses Speedy Trial Clock
The adjournment of the government's Foreign Corrupt Practices Act case against two former Cognizant Technology Solutions Corp. executives should stop the Speedy Trial Act clock because the case needs a "fulsome review" in light of the pause in FCPA enforcement, New Jersey's freshly minted top federal prosecutor told a judge Wednesday.
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Elliott Names Board Candidates In Proxy Fight With Phillips 66
Activist investor Elliott Investment Management LP has nominated seven independent candidates, including the chief legal officer of Group 1 Automotive, to run for election to the board of directors at energy conglomerate Phillips 66.
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Owens Corning Expands GC Role To Cover Human Resources
Owens Corning has expanded its legal leader's responsibilities as the Ohio-based building products company's human resources chief departs.
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GrayRobinson Brings Back Aerospace Pro From GC Role
Florida law firm GrayRobinson PA has brought back the former general counsel of satellite communications company Satcom Direct, bolstering its business law section in Melbourne, Florida, with a former in-house leader in the aerospace and technology industry.
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Broadcom CLO's Pay Jumps To $29M, Nearly Doubling
Tech giant Broadcom Inc.'s chief legal officer took home almost $29 million in total compensation for 2024 — a figure nearly twice what he received the year before, and one that should put him at or near the top of the list of the most highly paid general counsel at U.S. public companies.
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Atlanta Braves CLO Could See $2.3M Total Pay This Year
The Atlanta Braves, the only Major League Baseball team that is publicly held, revealed that Executive Vice President and Chief Legal Officer Greg Heller could earn up to $2.35 million in total compensation if performance targets are met in 2025.
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Citizens Financial Taps Wells Fargo Regulatory Head As GC
Citizens Financial Group Inc. has found itself a new legal leader in Wells Fargo's global head of regulatory relations.
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Approach The Bench: Judge Christopher Burke On Efficiency
U.S. Magistrate Judge Christopher Burke uses innovative techniques to manage the glut of complex cases that come through Delaware's federal court.
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What Attorneys Really Think Of AI
More attorneys seem to be using generative AI tools and view it positively compared with last year, but lawyers are still concerned about legal ethics and client confidentiality when it comes to the technology, according to the latest survey from Law360 Pulse.
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These Attys Are AI 'Power Users' Reinventing Legal Work
A growing divide is emerging between lawyers who frequently use generative AI for legal tasks and those who engage in these tools more casually, Law360 Pulse's new survey has found.
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BigLaw Leaps Ahead In Generative AI Training
Large law firms are leading the pack in training their attorneys to use generative AI, eager to benefit from the technology and avoid associated risks like fake case citations in court filings.
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New US Atty Wants 6-Month Pause Of Cognizant Bribery Trial
A federal judge has ordered the parties in a long-running Foreign Corrupt Practices Act case to file their positions Wednesday about how a 180-day adjournment would affect the Speedy Trial Act clock after a newly anointed U.S. attorney for the District of New Jersey asked to delay the trial of two former Cognizant Technology Solutions Corp. executives.
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National Association Of Realtors Names New GC
The National Association of Realtors has tapped its vice president of political advocacy as its new general counsel in the trade group's Washington, D.C., office.
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SEC's Peirce Taps Ex-Willkie Partner For Crypto Task Force
The U.S. Securities and Exchange Commission has hired a former Willkie Farr & Gallagher LLP partner into a leadership role in its new task force created to transform the agency's approach toward the cryptocurrency industry.
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The Top In-House Hires Of February
Sports general counsel were a hot item in February, with the NBA players union, Texas Rangers and Seattle Mariners all naming new legal chiefs. So were goodbyes, as Bristol-Myers Squibb, AMC Entertainment Holdings Inc. and California berry producer Driscoll all saw longtime legal chiefs announce their retirements.
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Lennar GC Saw Comp Rise To $3.4M In 2024
For the second consecutive year, the general counsel of homebuilder Lennar Corp. saw an increase in overall compensation while the company's co-CEOs continued to see their earnings decrease, according to a recent U.S. Securities and Exchange Commission filing.
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Lexitas Adds CLO, President Of Legal Talent Outsourcing
Lexitas has made two key hires to its C-suite with the addition of a new chief legal officer and a president of legal talent outsourcing, the provider of technology-enabled legal support services said Monday.
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Legal Teams Turn To AI To Save Time On New Antitrust Regs
Faced with major compliance changes to antitrust reviews of mergers and acquisitions under the Hart-Scott-Rodino Act, corporate legal departments are turning toward generative artificial intelligence to potentially cut weeks off of the time it takes to complete the reviews.
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Blackstone Paid Kirkland $101.3M In 2024 Legal Fees
Private equity giant Blackstone paid Kirkland & Ellis LLP roughly $101.3 million in legal fees in 2024, according to its newly filed annual report.
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EnCore Energy Abruptly Appoints Legal Chief As Acting CEO
Uranium extraction company enCore Energy has promoted its chief legal officer to chief executive after its previous CEO stepped down after the company reported more than $60 million in losses for 2024, according to an announcement filed with the Securities & Exchange Commission.
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Ex-Obama, Biden White House Atty Joins Latham
An ex-White House counsel for both former Presidents Barack Obama and Joe Biden has joined Latham & Watkins LLP's Chicago and Washington, D.C., offices as a white collar partner, the firm announced Monday.
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Meet The Ex-Prosecutors Defending Former Cognizant Execs
Law360 Pulse took an in-depth look at the legal teams representing two former Cognizant executives whose long-awaited Foreign Corrupt Practices Act trial is scheduled to begin in New Jersey federal court next week.
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Carnival Legal Chief Cruises To Over $3M Pay Bump In 2024
Carnival Corp.'s top attorney saw his compensation spike by more than $3 million last year, more than doubling his pay from the year before, according to a Friday filing with the U.S. Securities and Exchange Commission.
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Florida Aviation Co. Hires New CLO Amid Biz Changes
More than a week after agreeing to sell its fleet business segment for $230 million, aviation parts and services provider VSE Corp. has made some changes to its leadership with the hiring of a new chief legal officer and the promotion of two executive team members.
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Atlanta-Based Genuine Parts GC Earned $1.8M In 2024
As it brought in more than $20 billion in sales and added 500 stores in 2024, Atlanta-based Genuine Parts Co. paid its general counsel more than $1.8 million in salary and other compensation in 2024, the company said Friday in a securities filing.
Expert Analysis
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Supporting Associates Amid Pandemic's Mental Health Toll
As junior associates increasingly report burnout, work-life conflict and loneliness during the pandemic, law firms should take tangible actions to reduce the stigma around seeking help, and to model desired well-being behaviors from the top down, say Stacey Whiteley at the New York State Bar Association and Robin Belleau at Kirkland.
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Series
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Mentoring a law student who is preparing for the bar exam without attending law school is an arduous process that is not for everyone, but there are also several benefits for law firms hosting apprenticeship programs, says Jessica Jackson, the lawyer guiding Kim Kardashian West's legal education.
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The Importance Of Client Engagement In Law Firm Innovation
As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.
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The Unique Challenges Facing Women-Owned Law Firms
In addition to establishing their brand from scratch, women who start their own law firms must overcome inherent bias against female lawyers and convince prospective clients to put aside big-firm preferences, says Joel Stern at the National Association of Minority and Women Owned Law Firms.
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The Pursuit Of Wellness In BigLaw: Lessons From My Journey
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Jane Jeong at Cooley shares how grueling BigLaw schedules and her own perfectionism emotionally bankrupted her, and why attorneys struggling with burnout should consider making small changes to everyday habits.
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Why We Must Recruit And Advance More Black Prosecutors
Black Americans make up a disproportionate percentage of the incarcerated population but are underrepresented among elected prosecutors, so the legal community — from law schools to prosecutor offices — must commit to addressing these disappointing demographics, says Erika Gilliam-Booker at the National Black Prosecutors Association.
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Series
Ask A Mentor: How Can Associates Deal With Overload?.jpg)
Young lawyers overwhelmed with a crushing workload must tackle the problem on two fronts — learning how to say no, and understanding how to break down projects into manageable parts, says Jay Harrington at Harrington Communications.
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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.