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In-House
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Holland & Knight Adds Partner Who Was FBI General Counsel
The FBI has lost its general counsel, who has joined Holland & Knight LLP as a partner in its national security and defense industry group, the firm announced Thursday.
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NJ Judge Open To FCPA Trial Delay, But Unsure How Long
A federal judge said Thursday that he is inclined to allow the new Trump-appointed U.S. attorney for New Jersey some time to review the long-running criminal case against two ex-Cognizant Technology Solutions Corp. executives before going to trial, but ordered both sides to file detailed briefs by Monday to help him determine just how much time.
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Atlanta-Based Gray Media Elevates In-House Atty To GC
Atlanta-headquartered Gray Media Inc. has elevated its deputy general counsel to serve as its general counsel, promoting an attorney who served as the former general counsel of Raycom Media before it merged with Gray Media's predecessor in 2019.
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Honeywell GC's Pay Stalls Amid Move To Segregate Liabilities
Honeywell International Inc. has filed a preliminary proxy statement showing that its general counsel received nearly $7.5 million in 2024 in total compensation, as well as detailing how she and the company are planning to create new subsidiaries to absorb its asbestos and environmental financial liabilities.
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iHeartMedia Legal Chief To Take GC Post At Comcast Spinoff
iHeartMedia Inc.'s top lawyer, who was elevated to the role in November, has resigned to become general counsel at a new Comcast Corp. off-shoot called SpinCo., according to a memo obtained by Law360 Pulse Thursday.
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Which GCs Sold Stock In February? Netflix's Scored Big
Netflix Inc.'s David Hyman sold over $63 million worth of his company's stock in early February, surpassing the combined total for top lawyers at Live Nation Entertainment, Carlyle Group and Walmart Inc., who each earned between $8.1 million and $14.1 million in stock sales.
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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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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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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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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.