In-House

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    'Barbie' Movie Helps Boost Mattel CLO's Pay Past $3M In 2023

    In a self-described banner year forĀ Mattel Inc., the toy and entertainment company's legal chief saw his 2023 compensation jump by more than $1 million over the previous year, thanks in part to the blockbuster "Barbie" movie, a recent securities filing showed.

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    Former NetApp, Xerox Lawyer Joins McGuireWoods In NY

    McGuireWoods LLP has hired the former in-house counsel of two Fortune 500 tech companies as a corporate technology and outsourcing team partner in New York, the firm said Thursday.

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    Smith Gambrell Hires Ex-Jacksonville, Fla., Deputy GC

    Smith Gambrell & Russell LLP has added a longtime deputy general counsel for the city of Jacksonville, Florida, as counsel within its real estate group and as the head of the Jacksonville office's government affairs practice.

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    GXO Logistics CLO's Compensation Tops $2.4M In 2023

    The top attorney for Connecticut-based GXO Logistics Inc. saw his salary package increase to over $2.4 million in 2023 as the company reported an all-time record in revenue, according to a recent securities filing.

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    Why Are More BigLaw Firms Falling Prey To Cybercriminals?

    BigLaw saw a significant uptick in reporting data breaches, while law firms of all sizes continue to be prime targets for cybercriminals, according to data compiled by Law360 Pulse via extensive public record requests.

  • BT Group Cuts Legal Panel From 15 Law Firms To 11

    BT Group said Thursday it had cut four law firms from its legal panel and added Clifford Chance LLP to the mix alongside fellow Magic Circle giants Freshfields Bruckhaus Deringer LLP and the soon-to-be A&O Shearman.

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    Lowe's CLO Pulled In $12M In Compensation Last Year

    The top lawyer at Lowe's saw a compensation package of more than $12.1 million in 2023, largely from stock awards and a bonus during her first year with the home improvement company, according to a securities filing on Thursday.

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    SEC Has Careful Eye On Disclosures Amid Israel-Hamas War

    Against the backdrop of protracted war, the U.S. securities watchdog is urging U.S.-listed Israeli companies to disclose more details describing how the Israel-Hamas conflict is affecting their operations in order to keep investors apprised of risks, lawyers say.

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    This Atty Spent Decades In BigLaw. Now He's A GC.

    Not even six months into leading the legal department at LegalBillReview.com, Brian Arbetter now understands misconceptions that law firm lawyers have about in-house counsel, and vice versa.

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    Proxy Snapshot: L3Harris Technologies Inc.

    Defense contractor L3Harris Technologies Inc. will hold a shareholder advisory vote Friday at its annual meeting on whether to offer greater transparency about its lobbying efforts.

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    Zoetis On The Hunt For New GC After Top Atty Departs

    Animal pharmaceutical giant Zoetis announced in a recent securities filing that longtime general counsel Heidi Chen will step down from her role after nearly 12 years as the company's legal chief.

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    BCBS Association Names Sidecar Health Atty As CLO

    The general counsel for insurance company Sidecar Health has joined the Blue Cross Blue Shield Association as its chief legal officer and general counsel, the company said Tuesday.

  • Tesla To Vote On Reviving Musk's $55B Pay, Moving To Texas

    Attorneys for Tesla Inc. notified Delaware's chancellor Wednesday that the company will seek stockholder approval June 13 for the same $55.8 billion Elon Musk compensation plan voided by Chancery Court on Jan. 30, along with reincorporation of Tesla as a Texas company.

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    IBM Privacy Head Says AI Needs Transparency To Be Trusted

    To combat artificial intelligence-generated deepfakes, disinformation and bias requires transparent, open-sourced AI models and swift regulations that protect elections, creators and the public, says IBM's Chief Privacy & Trust Officer Christina Montgomery.

  • Netflix's Legal Head Departs, Says 'Mission Has Been Fulfilled'

    Netflix's well-known director of legal operations and technology, Jenn McCarron, has left the company after five years, according to a post shared on LinkedIn on Monday, with McCarron commenting that her "mission has been fulfilled" at the entertainment company.

  • NJ Hospital GC Emails Doom $24M Verdict For Surgeons

    The New Jersey Supreme Court on Tuesday vacated a $24.3 million award to a group of neurosurgeons on their claim that a hospital didn't operate in good faith, finding the trial court's admission of emails from the hospital's general counsel and remarks made during closing arguments deprived the hospital of a fair trial.

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    Digital Sports League CLO Joins Spencer Fane In Texas

    Spencer Fane LLP is growing its business transactions practice, announcing Tuesday it is bringing in the chief legal officer of fantasy sports and gaming website SimWin Sports as of counsel in its Plano, Texas, office.

  • Binance.US Adds Ex-NY Fed Compliance Chief To Board

    Binance.US announced Tuesday that it had brought aboard a seasoned compliance and regulation expert to join its board of directors, three months after the cryptocurrency platform hired a new top compliance officer amid federal regulators' ongoing scrutiny of the platform.

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    Litigation Finance Becoming Commonplace In BigLaw

    When Michael Lackey first pitched others at Mayer Brown about using litigation funding for a matter, he got a less-than-positive response, he recalled.

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    Ex-Philips Atty Named Infrastructure Giant Ferrovial's New GC

    Amsterdam-based Spanish infrastructure company Ferrovial has announced the hire of a former in-house attorney at biotech company Lumicks and Dutch conglomerate Philips as its new general counsel and secretary of the board of directors.

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    IHeartMedia GC's Comp Remains Stable At $2.3M In '23

    iHeartMedia general counsel Jordan Fasbender, who has been in the role since 2021, earned over $2.3 million in total compensation in 2023, a slight decrease from 2022's $2.5 million, according to a recent U.S. Securities and Exchange Commission filing.

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    Macy's New CLO Earned $1.5M In First Month On The Job

    An embattled Macy's Inc. gave its new chief legal officer an $840,000 signing bonus plus $630,000 in stock awards when she joined the iconic department store chain on Jan. 8, according to the company's proxy statement.

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    FactSet CLO To Join Baron Capital As Chief Operating Officer

    The longtime chief legal officer for financial information and data analytics service provider FactSet Research Systems Inc., Rachel Stern, will join the asset management firm Baron Capital as chief operating officer in June, the firm said Tuesday.

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    Orthopedics Co. Recruits Stryker Atty As CLO After Probe

    Orthofix Medical Inc. has hired a longtime in-house lawyer from Stryker Corp. to be its next chief legal officer, about seven months after the spine and orthopedics company ousted its top attorney and two other executives following an investigation into "repeated inappropriate and offensive conduct."

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    Arbitrator Ken Feinberg Doesn't Shy From Litigation Funders

    Well-known arbitrator Kenneth Feinberg, speaking at a conference on Monday, said that he doesn't automatically wrinkle his nose when he hears that a litigation funder is part of a complex legal matter that he is attempting to find a resolution to.

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