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In-House
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Firms Add Nonequity Partners, And Many Aren't Happy
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.
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Equity Partners At Smaller Firms Are Most Content With Pay
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.
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A Deep Dive Into Law Firm Pay
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.
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Bybit Adds Ex-Binance Atty As Legal And Compliance Chief
Crypto exchange Bybit has added a Binance and ByteDance alum to head its legal and compliance operations, the firm announced Tuesday.
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Paul Weiss Adds Former Apollo GC As NY Corporate Partner
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.
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Cyber Insurance Business Promotes Atty To General Counsel
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.
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CoinShares Group General Counsel Steps Down
CoinShares International's general counsel stepped down Monday "to pursue other opportunities" beyond the European cryptocurrency asset manager, the firm said in a statement.
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GC Went From Fleeing Violence To Helping Global Economies
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.
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Texas Stock Exchange Co. Adds Veteran Securities Attys
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.
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Tapestry's Top Atty Saw Comp Climb To $2.7M In 2024
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.
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NJ Senate Confirms Rutgers GC To Supreme Court Seat
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.
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Shoals Technologies Taps Troutman Pepper Atty As Interim CLO
Solar equipment supplier Shoals Technologies Group Inc. announced Monday it appointed a Troutman Pepper Hamilton Sanders LLP partner as its interim chief legal officer.
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Computer Networking Co.'s Top Atty Earned $2.7M In FY24
The chief legal, administrative and sustainability officer at California-based cloud network technology company Extreme Networks Inc. earned around $2.7 million in total compensation for fiscal year 2024, according to a recent U.S. Securities and Exchange Commission filing.
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Casino Giant's Legal Chief Elevated To President
Pennsylvania-based Gaming and Leisure Properties Inc. announced Monday that the casino-focused real estate company's chief operating officer and chief legal counsel has also been elevated to president.
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Wynn Resorts Replaces Retiring GC With Encore Boston Atty
The general counsel at Wynn Resorts Ltd., who joined the giant gambling company in 2018 during a regulatory nightmare, is set to retire early next year, with another in-house legal leader set to replace her, the company said Friday.
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Ballard Spahr Adds Former In-House Atty From Dayforce
Ballard Spahr LLP has added a veteran financial services regulatory attorney who most recently worked in-house at human resources software firm Dayforce, formerly known as Ceridian.
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GC Cheat Sheet: The Hottest Corporate News Of The Week
General counsel reported in a recent survey that their median total compensation has increased nearly 25% in the past five years, rising at a higher rate than CEO pay. And U.S. regulators continue to slap financial firms with millions in fines for letting employees use text messages and other forms of unapproved communications to conduct business.
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Fox Corp. Paid $36.5M To 2 Legal Leaders For Fiscal Year '24
Fox Corp.'s former chief legal and policy officer and his successor earned about $36.5 million in total compensation in fiscal year 2024, most of which went to departed top attorney Viet Dinh, who now serves in a special advisory role at the company, according to a public filing.
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San Antonio Water System Names CLO, Adds Compliance VP
The San Antonio Water System has made changes to its legal leadership with the hiring of a longtime Beveridge & Diamond PC principal to the role of vice president for environmental law and regulatory compliance, and the promotion of an experienced government attorney to the role of chief legal and ethics officer.
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Coty Legal Chief Sees Compensation Nearly Double To $6.4M
Coty Inc. paid its chief legal officer more than $6.4 million during the recent fiscal year, almost double the total she previously saw, largely due to nonequity incentive plan compensation and an increase in stock awards, according to a Thursday filing with the U.S. Securities and Exchange Commission.
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Law360's Legal Lions Of The Week
Kicking off this week's legal lions list are four law firms that secured a summary judgment win Tuesday for DoorDash Inc. and other food app delivery companies in their federal lawsuit challenging a New York City law requiring delivery services to provide restaurants with certain customer info.
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Ex-White House Counsel On His Return To Private Practice
Former U.S. Department of Veterans Affairs general counsel and White House special counsel Richard Sauber spoke with Law360 Pulse about his recent return to private practice at Kramer Levin Naftalis & Frankel LLP, as well as his time helping President Joe Biden navigate a congressional impeachment inquiry and a special counsel investigation.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry had another action-packed week as law firms promoted partners and federal prosecutors charged New York City Mayor Eric Adams with bribery and fraud. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
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Dish Network Litigation Director Rejoins Jackson Lewis
Employment firm Jackson Lewis PC is welcoming back a litigator who most recently was director of litigation with Dish Network as a principal in its Denver office, the firm announced Thursday.
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Transportation Biz GoTriangle's GC Takes Over As Acting CEO
North Carolina public transportation company GoTriangle announced that its general counsel has taken over as acting CEO and president after the resignation of its leader for the past four years.
Expert Analysis
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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.