In-House

  • Crypto Bank Anchorage Brings On Ex-SEC Atty As Legal Chief

    Crypto bank Anchorage Digital has hired a former U.S. Securities and Exchange Commission senior attorney and Bain Capital regulatory adviser to head its legal operations after the departure of its general counsel, the bank announced early Wednesday.

  • Eli Lilly GC's Pay Jumped To $7M In 2023 Amid Stock Boom

    Eli Lilly & Co. legal chief Anat Hakim's total pay package rose to $7 million last year, up 33% from 2022, according to Lilly's latest proxy statement, as the pharmaceutical giant has experienced booming drug sales and positive investor sentiment.

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    MGM Resorts' Top Atty Saw Comp Inch Up To $4.5M In 2023

    Spurred by an "extraordinary year" financially in 2023, MGM Resorts International raised the total compensation of its chief legal officer to $4.5 million last year, up from $4.37 million in 2022.

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    Huron Consulting GC Steps Down After 4 Years

    The legal chief of Huron Consulting Group Inc. will leave the management consulting firm effective Friday, and has been replaced by its deputy general counsel, according to a document filed with the U.S. Securities and Exchange Commission. 

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    LG Assistant GC Suspended In NJ For Side-Work Misconduct

    The New Jersey Supreme Court has handed a minimum three-month suspension to an in-house attorney for LG Electronics over misconduct he committed while operating a side practice, including commingling client funds and mishandling two estates.

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    MoneyGram Promotes In-House Atty To Serve As Its New GC

    MoneyGram International Inc. has promoted an in-house attorney who formerly worked for Bank of America to serve as its general counsel and another employee to be its chief regulatory and public affairs officer.

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    Sheppard Mullin Adds Ex-Latham & Watkins Atty In Chicago

    Sheppard Mullin Richter & Hampton LLP has hired as a partner in its Chicago office an attorney who formerly worked for accounting firm KPMG and also spent 18 years at Latham & Watkins LLP.

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    Estee Lauder GC Will Step Down For 'New Chapter'

    The general counsel at Estee Lauder, who took the helm of the legal team in 2019, is set to leave the luxury cosmetics company next month.

  • Conn. Judge Pick Takes Heat As Other Nominees Advance

    The Connecticut legislature's joint judiciary committee voted to issue favorable reports Monday on 21 of Gov. Ned Lamont's nominees for the state court bench, but several lawmakers raised concerns about one pick's reputation, with a Democratic leader saying that holding a vote on assistant state prosecutor Devant J. Joiner's nomination was "a real slap in the face" given questions about his temperament.

  • Whirlpool CLO Exits With Potential $3M Payout Amid Layoffs

    Whirlpool's Chief Legal Officer Ava A. Harter's position with the company has been eliminated, and she is set to receive a nearly $3 million payout if terms of her separation agreement are met, the company said in a public filing.

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    Robinhood Promotes Ex-SEC Attorney To General Counsel

    Financial services platform and fintech brokerage Robinhood has promoted an in-house counsel to the position of general counsel, expanding his duties to overseeing the entire legal department.

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    PulteGroup GC's Comp Fell For 2nd Straight Year To $2.6M

    The top legal leader for Atlanta-based PulteGroup saw his overall compensation decrease 15% last year, earning $2.6 million in 2023 compared to $3.1 million in 2022, as the homebuilder saw record home sales amid higher building costs and interest rates for buyers, according to a recent securities filing.

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    Accounting Oversight Board Trial Atty Joins King & Spalding

    The top trial attorney for the Public Company Accounting Oversight Board has joined King & Spalding LLP's special matters and government investigations group in Washington, D.C., as a partner, the firm announced Monday.

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    Bowflex's Top Atty To Step Down In Wake Of Ch. 11

    The top attorney for fitness equipment company Bowflex Inc. is leaving the company after it filed for bankruptcy earlier this month, recent regulatory filings show.

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    With Rising State AG Action, BigLaw Responds By Beefing Up

    This year Covington & Burling LLP formalized its government litigation practice group, following others in what appears to be a race by large law firms to formalize, market and grow their state attorney general practices as the nature of the office has shifted in recent years.

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    IBM's Retiring GC Saw Comp Top $8M Last Year

    IBM's longtime general counsel, whose upcoming retirement was announced earlier this year, earned just over $8.1 million in total compensation in 2023, up about $1.6 million from the previous year, according to a recent securities filing.

  • Connecticut Judge Nominees Vow To Avoid 'Robe-itis'

    A former Connecticut mayor, current and ex-partners at Halloran & Sage LLP, and the lieutenant governor's general counsel are among those who promised lawmakers Friday that they would not come down with "robe-itis" — a term used to describe an unprofessional temperament toward litigants and courthouse staff — if confirmed to the state bench, but each was encouraged to develop real systems of accountability.

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    Why GCs Shouldn't Sit On Complying With SEC Climate Rule

    Although the climate reporting standards recently adopted by the SEC will take time to implement — and likely face litigation that could slow down the timeline — it's risky for general counsel to take a wait-and-see approach, especially given similar legal frameworks popping up all over the world.

  • GC Cheat Sheet: The Hottest Corporate News Of The Week

    General counsel in a new survey perceive their highest risks to be increased regulatory demands, data privacy and ESG issues. And the former chief legal officer of Twitter, along with three other executives, detail in a new lawsuit how billionaire buyer Elon Musk manipulated their final moments at the company in hopes of avoiding payment of their severance packages.

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    Legal Industry Adds 2,700 Jobs In February

    Employment in the U.S. legal sector rebounded in February, showing a slight increase following a decline at the beginning of the year, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.

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    Class Suits Among Companies' Fastest-Growing Legal Costs

    An annual survey of more than 300 large companies shows that class action spending was up to a record high in 2023, with the percentage of companies facing class action lawsuits at the highest level since the survey began 13 years ago, and total expenditures reaching nearly $4 billion.

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    NJ Utility's Legal Chief's Comp Rose To $3.2M In 2023

    New Jersey utility provider Public Service Enterprise Group Inc.'s chief legal officer saw her total compensation jump to $3.2 million in 2023 from $2.7 million in 2022, according to a recent filing with the U.S. Securities and Exchange Commission.

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    Exelon CLO's Compensation Climbed To $4.1M In '23

    Compensation for the top attorney at power company Exelon Corp. rose by more than $500,000 in 2023 over the previous year, bringing her total earnings to just over $4.1 million.

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    Cybersecurity Co. Promotes Attys To GC, Chief People Officer

    Florida-based cybersecurity company ReliaQuest announced it has promoted two of its in-house attorneys to general counsel and chief people officer.

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    Scientific Games Makes Changes As CLO Set To Retire

    Scientific Games will soon say goodbye to its retiring chief legal officer amid moves by the lottery technology business to consolidate its legal and public policy departments, according to a company announcement.

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Expert Analysis

  • Law Firm Tips For Evaluating AI And Machine Learning Tools Author Photo

    Many legal technology vendors now sell artificial intelligence and machine learning tools at a premium price tag, but law firms must take the time to properly evaluate them as not all offerings generate process efficiencies or even use the technologies advertised, says Steven Magnuson at Ballard Spahr.

  • A Call For Personal Accountability On Diversity And Inclusion Author Photo

    While chief legal officers are increasingly involved in creating corporate diversity, inclusion and anti-bigotry policies, all lawyers have a responsibility to be discrimination busters and bias interrupters regardless of the title they hold, says Veta T. Richardson at the Association of Corporate Counsel.

  • Learning How To Code Can Unleash New Potential In Lawyers Author Photo

    Every lawyer can begin incorporating aspects of software development in their day-to-day practice with little to no changes in their existing tools or workflow, and legal organizations that take steps to encourage this exploration of programming can transform into tech incubators, says George Zalepa at Greenberg Traurig.

  • Supporting Associates Amid Pandemic's Mental Health Toll Author Photo

    As junior associates increasingly report burnout, work-life conflict and loneliness during the pandemic, law firms should take tangible actions to reduce the stigma around seeking help, and to model desired well-being behaviors from the top down, say Stacey Whiteley at the New York State Bar Association and Robin Belleau at Kirkland.

  • Series

    Ask A Mentor: Should My Law Firm Take On An Apprentice? Author Photo

    Mentoring a law student who is preparing for the bar exam without attending law school is an arduous process that is not for everyone, but there are also several benefits for law firms hosting apprenticeship programs, says Jessica Jackson, the lawyer guiding Kim Kardashian West's legal education.

  • The Importance Of Client Engagement In Law Firm Innovation Author Photo

    As clients increasingly want law firms to serve as innovation platforms, firms must understand that there is no one-size-fits-all approach — the key is a nimble innovation function focused on listening and knowledge sharing, says Mark Brennan at Hogan Lovells.

  • The Unique Challenges Facing Women-Owned Law Firms Author Photo

    In addition to establishing their brand from scratch, women who start their own law firms must overcome inherent bias against female lawyers and convince prospective clients to put aside big-firm preferences, says Joel Stern at the National Association of Minority and Women Owned Law Firms.

  • The Pursuit Of Wellness In BigLaw: Lessons From My Journey Author Photo

    Jane Jeong at Cooley shares how grueling BigLaw schedules and her own perfectionism emotionally bankrupted her, and why attorneys struggling with burnout should consider making small changes to everyday habits.

  • Why We Must Recruit And Advance More Black Prosecutors Author Photo

    Black Americans make up a disproportionate percentage of the incarcerated population but are underrepresented among elected prosecutors, so the legal community — from law schools to prosecutor offices — must commit to addressing these disappointing demographics, says Erika Gilliam-Booker at the National Black Prosecutors Association.

  • Series

    Ask A Mentor: How Can Associates Deal With Overload? Author Photo

    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.

  • A Scientific Path For Improving Diversity At Law Firms Author Photo

    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.

  • Series

    Ask A Mentor: How Can Associates Seek More Assignments? Author Photo

    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. 

  • Legal Sector Regulatory Reform Is Key To Closing Justice Gap Author Photo

    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.

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