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In-House
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Interpublic GC Entitled To $11.8M Payment Amid Merger
The general counsel for advertising company The Interpublic Group of Cos. Inc. has been guaranteed a nearly $11.8 million golden parachute if he's terminated following the company's merger with marketing giant Omnicom Group Inc.
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What Lawyers Really Think About Working In-House
Law360 Pulse asked corporate counsel to identify some common misconceptions about working in-house and share their thoughts on the rewards and challenges of their jobs. Here's what they said.
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In-House Attorneys Have Saner Schedules, But Long Hours
It may once have been that the typical in-house lawyer worked a 40-hour week, but that no longer appears to be the case for many corporate counsel, with more than 40% reporting they exceed 50 hours at work each week in a recent survey by Law360 Pulse.
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How Happy Are In-House Attorneys At Work?
In-house attorneys report high job satisfaction when it comes to schedule flexibility, team collegiality, and compensation, but concerns linger about workload and career advancement, particularly for mid-level lawyers seeking to climb the career ladder, according to a new Law360 Pulse report.
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In-House Etiquette — Tips For Outside Counsel
While most in-house lawyers seem generally happy with their outside counsel, about 9% of participants in Law360 Pulse's first In-House Counsel Satisfaction Survey want more, saying they are fed up with being nickel-and-dimed while receiving low quality work and poor communication from their outside attorneys.
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MLB's Baltimore Orioles Bring On New Chief Legal Officer
Major League Baseball's Baltimore Orioles have grown their legal operations with a new top attorney from Monumental Sports & Entertainment, the owner of Washington, D.C.'s professional basketball and hockey franchises.
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SEC Sues Ex-Investment Firm Reps, GC Over 'Sham' Energy Co.
The U.S. Securities and Exchange Commission has accused former representatives of a wealth management firm of selling shares of a "sham" oil and gas company, and separately accused the firm's general counsel and chief compliance officer of playing an "active role" in the alleged misconduct by drawing up liability releases for the firm.
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Ex-Chemical Biz Atty Drops Claims Against Bain Capital
A former in-house attorney for chemicals company Arxada has agreed to remove Bain Capital as a defendant in her New Jersey state court suit alleging that she was unlawfully dismissed after she discussed taking leave to recover from a miscarriage.
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Troubled Crypto Exchange KuCoin Lifts Legal Chief To CEO
The giant crypto exchange KuCoin, which is under indictment in the U.S., said Monday it has promoted its chief legal officer to the role of CEO, citing its commitment to "global growth, innovation, and regulatory compliance."
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Ex-Hooters Legal Chief Moves To Church's Texas Chicken
National chicken restaurant chain Church's Texas Chicken recently changed up its leadership team with the addition of a new chief legal officer plucked from Hooters parent company HOA Brands.
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Weil Adds SEC's Asset Management Co-Chief To NY Group
A more-than 12-year veteran of the U.S. Securities and Exchange Commission, who most recently co-led the agency's Asset Management Unit, is joining Weil Gotshal & Manges LLP as the firm continues adding former regulators to begin the new year.
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What IP Attorneys Need To Know From Trump's First Days
Since the Trump administration took over on Monday, a new acting director for the U.S. Patent and Trademark Office has been sworn in, federal workers have been mandated to return to working in person and the Biden administration's artificial intelligence executive order has been rescinded. Here's what IP attorneys should know.
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Law360 Names Practice Groups Of The Year
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2024, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.
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Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 54 Practice Group of the Year awards among them, steering some of the largest deals of 2024 and securing high-profile litigation wins, including at the U.S. Supreme Court.
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GC Cheat Sheet: The Hottest Corporate News Of The Week
A report says the market is heating up for the hiring of general counsel and chief compliance officers. Meanwhile, Meta is having trouble hanging on to its lawyers, with its deputy general counsel for civil rights leaving, and an outside IP counsel quitting over the CEO's "toxic masculinity." These are some of the stories in corporate legal news you may have missed in the past week.
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Texas Rangers Begin Search For Team's New GC
The Texas Rangers are searching for a new senior vice president and general counsel, according to a posting this week on the professional baseball club's website.
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Sonos Legal Chief's Compensation Topped $3M In 2024
Audio equipment maker Sonos Inc. has disclosed that its head of legal affairs saw his compensation skyrocket in fiscal year 2024 compared to a year earlier, amid shifts in roles and upheaval in the company's executive team.
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Voir Dire: Law360 Pulse's Weekly Quiz
The legal industry had another busy week as law firms inked new deals, elevated attorneys and expanded practices. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
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O'Melveny Adds Ex-NBA Assistant GC As Partner
The National Basketball Association's former assistant general counsel, a key figure in the planning and carrying out of the "bubble" in which the league completed the COVID-19 pandemic-interrupted 2019-2020 season, has joined O'Melveny & Myers LLP as a partner.
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Trump Taps Williams & Connolly's Sarah Harris As Acting SG
Sarah M. Harris of Williams & Connolly LLP will serve as acting U.S. solicitor general for President-elect Donald Trump while his permanent pick undergoes the confirmation process.
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SEC's General Counsel Barbero To Exit As Trump Takes Office
The U.S. Securities and Exchange Commission announced Thursday that General Counsel Megan Barbero will depart the agency on the day of President-elect Donald Trump's inauguration, capping a nearly two-year run that saw the agency face setbacks to its regulatory powers before conservative courts, but also notch some important wins.
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ITC Commissioner Heading To WilmerHale In DC
One of the commissioners of the U.S. International Trade Commission, who had served as the agency's leader for a year and a half, has decided to leave and make the move to WilmerHale, according to the ITC.
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Increase In GC, CCO Hiring In 2025 Predicted
Executive search firm BarkerGilmore said Thursday that it is seeing a reinvigorated market outlook in 2025 for general counsel and chief compliance officer positions, driven by two key factors — the post-election business climate and a surge in retirements.
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Chamber Slams Opioid Judge's PBM Audit Privilege Ruling
The Sixth Circuit must step in to prevent a pharmacy benefit manager from being forced to turn over internal compliance audit documents, the U.S. Chamber of Commerce has said, arguing a lower court's decision threatens to undermine the existence of in-house counsel's attorney-client privilege.
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Ex-Direct Energy GC Joins Boutique Minn. Law Firm
Minneapolis business law boutique Avisen Legal PA has tapped a former general counsel at Direct Energy to join the firm as an energy lawyer, the firm announced this week.
Expert Analysis
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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.