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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.
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.
Insurance company Mapfre USA announced Friday that its general counsel will take over as its chief operating officer on Aug. 1.
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.
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.
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.
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.
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.
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.
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.
Wordsmith, which developed an artificial intelligence workplace for in-house lawyers, secured a $5 million seed investment on Thursday.
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.
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.
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.
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.
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.
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.
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.
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.
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.
The general counsel for the State Bar of Georgia plans to retire in January after providing "stability and knowledge" as she oversaw the bar general counsel's office for nearly 15 years, ending a bar career that spanned 36 years.
A new general counsel and corporate secretary is taking the legal reins at the franchisor behind casual dining chains Perkins Restaurant & Bakery and Huddle House, departing his previous role as chief legal and people officer for Florida-based Pollo Tropical owner Fiesta Restaurant Group Inc.
An attorney with more than 20 years of experience advising business clients on commercial litigation has joined Blank Rome LLP's Pittsburgh office after nearly four years as an in-house counsel for a healthcare technology provider.
Cloud computing software company Nutanix Inc. has found its new top attorney in a veteran in-house attorney who most recently was general counsel to electric-vehicle battery maker Lyten Inc., Nutanix said Monday.
Bumble Inc., the parent company of the dating app Bumble, said Monday it had promoted its former assistant general counsel to chief legal officer.
Imposter syndrome is rampant in the legal profession, especially among lawyers from underrepresented backgrounds, leading to missed opportunities and mental health issues — but firms can provide support in numerous ways, and attorneys can use therapeutic strategies to quiet their inner critic, says Helen Pamely at Rosling King.
In 2022, partners considering lateral moves have new priorities, and firms that hope to recruit top talent will need to communicate their strategy for growth, engage on hot issues like origination credit and diversity initiatives, and tailor their integration plans toward expanding partners’ client base, says Gloria Sandrino at Lateral Link.
Lawyers are experiencing burnout on a massive, unprecedented scale due to the pandemic, but law firms and institutional players can and should make a difference by focusing on small, practical solutions that protect their attorneys’ most precious personal resource and professional commodity — time, says Chad Sarchio, president of the District of Columbia Bar.
Technological shifts during the pandemic and beyond should force firms to rethink how legal secretaries can not only better support timekeepers but also participate in elevating client service, bifurcating the role into an administrative support position and a more elevated practice support role, says Lauren Chung at HBR Consulting.
Series
Ask A Mentor: How Can I Ace My Upcoming Annual Review?Jennifer Rakstad at White & Case highlights how associates can emphasize achievements and seek support before, during and after their annual review, despite the pandemic’s negative effects on face time with colleagues and business development opportunities.
In order to be perceived as prestigious by clients and potential recruits, law firms should take their branding efforts beyond designing visual identities and address six key imperatives to differentiate themselves — from identifying intangible core strengths to delivering on promises at every interaction, says Howard Breindel at DeSantis Breindel.
Law firms looking to streamline matter management should consider tools that offer both employees and clients real-time access to documents, action items, task assignee information and more, overcoming many of the limitations of project communications via email, says Stephen Weyer at Stites & Harbison.
Series
Ask A Mentor: How Can I Successfully Switch Practices?Associates who pivot into new practice areas may find that along with the excitement of a fresh start comes some apprehension, but certain proactive steps can help tame anxiety and ensure attorneys successfully adapt to unfamiliar subjects, novel internal processes and different client deliverables, say Susan Berson and Hassan Shaikh at Mintz.
Amid demands from clients and prospective hires for greater sustainability efforts, law firms should think beyond reusable mugs and create programs that incorporate clear leadership structures, emission tracking and reduction goals, and frameworks for reporting results, says Gayatri Joshi at the Law Firm Sustainability Network.
Associates may hesitate to take on the added commitment of pro bono matters, but such work has tangible skill-building benefits, so firms should consider compensation and leadership strategies to encourage participation, says Rasmeet Chahil at Lowenstein Sandler.
The pandemic has likely exacerbated the prevalence of problem drinking in the legal profession, making it critical for lawyers and educators to address alcohol abuse and the associated stigma through issue-specific education, supportive assistance and alcohol-free professional events, says Erica Grigg at the Texas Lawyers' Assistance Program.
Opinion
Lawyers Have Duty To Push For Immigration Court ReformAttorneys must use their collective voice to urge federal lawmakers to create an Article I immigration court outside executive branch control, helping address the conflicts of interest, political influence and lack of adjudication consistency that prevent migrants from achieving true justice, say Elia Diaz-Yaeger and Carlos Bollar at the Hispanic National Bar Association.
Series
Ask A Mentor: How Can 1st-Year Attys Manage Remote Work?First-year associates can have a hard time building relationships with colleagues, setting boundaries and prioritizing work-life balance in a remote work environment, so they must be sure to lean on their firms' support systems and practice good time management, say Jenny Lee and Christopher Fernandez at Kirkland.
Attorney team leaders have a duty to attend to the mental well-being of their subordinates with intention, thought and candor — starting with ensuring their own mental health is in order, says Liam Montgomery at Williams & Connolly.
As law firms begin planning next year's summer associate events, they should carefully examine how choice of venue, activity, theme, attendees and formality can create feelings of exclusion for minority associates, and consider changing the status quo to create multiculturally inclusive events, says Sharon Jones at Jones Diversity.