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In-House
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Ousted Paramount GC Gets Over $6M In Severance
When Christa D'Alimonte leaves Paramount Global Inc. as its general counsel Friday amid a major cost-cutting initiative, she will take a severance package worth about $6 million, plus various medical and other benefits, recent security filings showed.
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Kansas State GC To Join Fordham University In August
The vice president of legal affairs and general counsel at Kansas State University will begin working at Fordham University as vice president and general counsel in mid-August, Kansas State announced Friday.
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Packers' Board Appoints GC As Team's CEO, Chair
The Green Bay Packers on Monday named the franchise's general counsel as its next chair, president and CEO, effective next summer.
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The Most Surprising Aspect For GCs So Far In 2024? AI
This month, Law360 Pulse asked general counsel what has surprised them so far in 2024. Artificial intelligence was front of mind for many attorneys heading into the year, with the technology's rapid growth and expanding influence forming a common thread among the responses.
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Legal Ops Co. Ruli Emerges From Stealth Mode With $2.2M
A new legal operations platform unveiled on Monday what it touts as the ultimate artificial intelligence tool for in-house legal teams and announced a $2.2 million pre-seed round.
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Biz Leaders, Attys Worry AI Regs Are Insufficient, Create Risk
Most corporate executives and top lawyers are concerned that current regulations on generative artificial intelligence are inadequate and leave them exposed to risk, according to a new report by Berkeley Research Group LLC.
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GC Cheat Sheet: The Hottest Corporate News Of The Week
Workers have filed a new suit accusing Tesla of failing to stop racist behavior and sexual harassment in two California factories, despite previous lawsuits. And the former head of AIG's Legal Operations Center has lost his appeal on his claim that he was fired in retaliation for pointing out alleged fraud. These are some of the stories in corporate legal news you may have missed in the past week.
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Insurance Biz Appoints GC As New Chief Operating Officer
Insurance company Mapfre USA announced Friday that its general counsel will take over as its chief operating officer on Aug. 1.
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Ex-Cognizant Execs Keep Pushing For Debevoise Testimony
Former Cognizant Technology Solutions executives have pushed back on Debevoise & Plimpton LLP's bid to quash a subpoena seeking testimony from a firm partner for their upcoming bribery trial in New Jersey federal court, saying that the testimony would be relevant and that any potential privilege arguments have already been waived.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry marked the end of spring with another busy week for courts, law firms and attorneys. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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SEC Official Seeks To Ease Concerns Over Cybersecurity Rule
The director of the U.S. Securities and Exchange Commission's corporation finance division reassured public companies on Thursday that the agency's recently adopted rule requiring them to make certain disclosures regarding material cybersecurity incidents does not prohibit them from sharing additional details with third parties.
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FordHarrison Adds Employment Attys In NJ, Nashville
Employment firm FordHarrison LLP announced that it hired a pair of experienced attorneys as partners in its offices in Nashville, Tennessee, and Berkeley Heights, New Jersey.
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Aspen Technology CLO To Resign; Deputy Taking Interim Gig
The top lawyer at Massachusetts-based software developer Aspen Technology announced Tuesday he will resign in late July after about a year and a half as chief legal officer there, with the company's associate general counsel taking over as interim CLO.
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2nd Circ. Affirms AIG's Win In Ex-Atty's Retaliation Suit
A former legal executive's retaliation lawsuit against American International Group Inc. has fizzled out as the Second Circuit on Thursday upheld an earlier ruling that found he was not fired for blowing the whistle on alleged fraud.
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After Merger Crash, Paramount GC Follows CEO Out The Door
Amid sweeping cost-cutting and reorganization, Paramount Global Inc. general counsel Christa D'Alimonte is leaving the company June 28 and being replaced by her deputy.
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In-House AI Startup Wordsmith Raises $5M Seed Round
Wordsmith, which developed an artificial intelligence workplace for in-house lawyers, secured a $5 million seed investment on Thursday.
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Organ Donor Network CLO Finds Meaning In Healthcare Space
Emy Trende has spent most of her career so far as a healthcare attorney, which she told Law360 Pulse is an “honorable responsibility.” But, she added, it’s also a challenge to compartmentalize the legal role from the emotion. Here, the top lawyer at the United Network for Organ Sharing talks about how being an attorney has helped her navigate the healthcare system in her personal life.
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Biotherapeutics Co. Hires Seasoned Atty As General Counsel
Boston-based biotherapeutics company Seaport Therapeutics announced Tuesday that a life sciences and corporate attorney with more than two decades of experience in-house and in private practice was named its new general counsel.
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Online Marketplace Artsy's General Counsel Promoted To CEO
Online art marketplace Artsy announced its chief financial officer and general counsel Jeffrey Yin has been elevated to chief executive officer following his predecessor's decision to leave the company this summer.
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Gene Therapy Co. Taps Experienced Bioscience Legal Chief
Kriya Therapeutics Inc., which develops gene therapies to address common diseases, said Tuesday it has chosen a veteran bioscience general counsel to be its chief legal officer.
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Cooley Adds Ex-Kirkland Global Fund Formation Atty In NY
Cooley LLP has expanded its fund formation practice with the addition of an experienced fund formation attorney who previously worked at Kirkland & Ellis LLP and founded a venture advisory group for asset managers.
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What Attorneys Really Think About Their Profession
Law360 Pulse asked respondents to our Lawyer Satisfaction Survey for their thoughts on misconceptions about being a lawyer, what the best parts of the job are and what they would tell newer lawyers. Here's what they said.
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Are Attorneys Happy On The Job?
The legal industry is notoriously high-pressure and competitive. But most attorneys report high levels of job satisfaction, even with pervasive stress in the profession, according to a new survey.
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Attys Aren't Loving Their Firms' Tech. AI Aims To Change That.
Lawyers' satisfaction with their firms' investment in technology has declined over the past year, a new Law360 Pulse survey shows, but new artificial intelligence tools could provide a solution.
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Collegiality Is Now The Norm At Law Firms
In books, television shows, and perhaps a few news articles, law firms are dens of treachery — places where, as one California federal judge recently put it, "partners stab each other in the back every day and move on to the next one." But reality for most lawyers does not reflect that cynical view, Law360 Pulse's new survey shows.
Expert Analysis
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Series
Ask A Mentor: How Do I Negotiate Long-Term Flex Work?
Though the pandemic has shown the value of remote work, many firms are still reluctant to embrace flexible working arrangements when offices reopen, so attorneys should use several negotiating tactics to secure a long-term remote or hybrid work setup that also protects their potential for career advancement, says Elaine Spector at Harrity & Harrity.
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What I Wish Law Schools Taught Women About Legal Careers
Instead of spending an entire semester on 19th century hunting rights, I wish law schools would facilitate honest discussions about what it’s like to navigate life as an attorney, woman and mother, and offer lessons on business marketing that transcend golf outings and social mixers, says Daphne Delvaux at Gruenberg Law.
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4 Ways To Break Down Barriers For Women Of Color In Law
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Female lawyers belonging to minority groups continue to be paid less and promoted less than their male counterparts, so law firms and corporate legal departments must stop treating women as a monolithic group and create initiatives that address the unique barriers women of color face, say Daphne Turpin Forbes at Microsoft and Linda Chanow at the Institute for Inclusion in the Legal Profession.
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Opinion
We Need More Professional Diversity In The Federal Judiciary
With the current overrepresentation of former corporate lawyers on the federal bench, the Biden administration must prioritize professional diversity in judicial nominations and consider lawyers who have represented workers, consumers and patients, says Navan Ward, president of the American Association for Justice.
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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.
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Why I Went From Litigator To Law Firm Diversity Officer
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.
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For Asian American Lawyers, Good Mentorship Is Crucial
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.
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Coping With Secondary Trauma From Pro Bono Work
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.
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How Firms Can Benefit From Creating Their Own ALSPs
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.
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Modernizing Legal Education Through Hybrid JD Programs
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.
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How BigLaw Can Mirror Small Firm Attorney Engagement
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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.
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Ditch The Annual Review To Boost Attorney Job Satisfaction
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.
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How Attorneys Can Narrow LGBTQ Gap In The Judiciary
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.
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Employers Must Heed Rising Attorney Stress And Alcohol Use
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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.
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Lawyers Can Get Ready For Space Law To Take Flight
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.