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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.
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.
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.
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.
A year after the sudden departure of Norton Rose Fulbright's worldwide CEO, the firm announced a permanent reshuffling of its global management structure, formally putting regional managing partners in charge of coordinating the firm's international business.
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.
U.S. Bankruptcy Judge Marvin Isgur has asked a Texas federal court to investigate potential sanctions against Jackson Walker LLP for its failure to disclose a relationship between a firm partner and a federal judge, also telling the court he would recuse himself from any proceedings involving the ethics breach.
Alternative dispute resolution service JAMS is making changes at the top, announcing Monday that its longtime president will move up to become CEO and its current chief financial officer's duties will expand to include chief operating officer.
International law firm Dentons has attorneys in Europe testing a generative artificial intelligence tool for contract automation, the firm said Monday.
Winston & Strawn LLP announced Monday it has expanded its tax offerings with the addition of an experienced attorney from Squire Patton Boggs LLP in Texas.
Luminance Technologies Ltd. continued its push into the United States with the legal artificial intelligence company opening an office in Dallas on Monday.
Paul Hastings LLP announced Monday that it has continued its expansion in the Lone Star State with the addition of a financial restructuring partner in Dallas who came aboard from Sidley Austin LLP.
A Texas federal judge said Thursday that a funding company that lent $20 million to a law firm accused in a proposed class action of conspiring to deceptively solicit hurricane victims should be dropped as a defendant.
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.
A Houston judge declined to take up allegations that a government prosecutor participated in a case against a Texas surgeon while her law license was suspended, denying the doctor's show cause motion in a brief order Thursday.
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.
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.
Latham & Watkins LLP expanded its Houston office this week with an engineering, procurement and construction specialist with experience in energy and infrastructure joining as a partner from King & Spalding LLP.
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.
U.S. District Judge Lee H. Rosenthal of the Southern District of Texas and U.S. District Judge Lance Africk of the Eastern District of Louisiana announced this week that they are taking senior status in the coming months.
Baker Botts LLP's deep Texas roots allowed it to secure impressive courtroom and transactional wins over the last year, including successfully fighting off a more than $100 million trade secrets case against a Houston-based energy technology company and landing billions of dollars in transactional deals across the corporate and tax sectors.
Months after hiring former Baker Botts attorney Greg Dillard to lead its catastrophic accident response team, BakerHostetler has announced the hire of two more attorneys from the firm as counsel in Washington, D.C., and Houston.
A Texas surgeon facing criminal charges for giving patient data to a media outlet regarding gender-affirming care provided to minors accused the government's lead prosecutor of taking the case while she had a suspended law license, a blunder the attorney called an unintentional error on Thursday.
Beck Redden LLP has a powerful presence across all Texas courts, as demonstrated by its successful representation of Southwest Airlines in a pivotal case involving cyber insurance at the Fifth Circuit, and its ability to secure summary judgment for an ExxonMobil subsidiary in a breach-of-contract suit before the Southern District of Texas.
Faegre Drinker Biddle & Reath LLP has bulked up its litigation group with a partner in Dallas who previously served as head of commercial litigation at Katten Muchin Rosenman LLP.