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In arguing that the proposed class action against the business should be denied, online platform OnlyFans' parent company said that the decision to use AI to create mistake-riddled documents is severe misconduct. Meanwhile, the U.S. Department of Labor's employee benefits arm unveiled a new fee disclosure rule involving pharmacy benefit managers and plans to revisit retirement plan fiduciary investment advice regulations. These are some of the stories in corporate legal news you may have missed in the past week.
The longtime general counsel of Snap Inc. — who earned close to $9.4 million in 2023, nearly $5 million more than in the previous year — is set to depart Snapchat's parent company on amicable terms on Dec. 31.
The Executive Leadership Council, a nonprofit that advocates for Black executives, has found its new top attorney in a senior vice president from The Estée Lauder Companies.
U.S. legal industry jobs inched down by 200 positions last month, reflecting a loss for the first time in six months, according to preliminary data released Friday by the U.S. Bureau of Labor Statistics.
The legal industry kicked off September with another busy week as BigLaw firms made new hires and expanded practice areas. Test your legal news savvy here with Law360 Pulse's weekly quiz.
A Seventh Circuit panel on Thursday asked an attorney for Cushman & Wakefield's former general counsel, who has alleged a Law.com article about his departure was defamatory, if there was any reasonable interpretation of the story other than his claim that it linked his termination with his handling of the firm's involvement in an investigation into President Donald Trump.
Commercial broker Cushman & Wakefield said Thursday that it will hold a shareholder vote in October on a plan to change its place of incorporation from England to Bermuda.
General counsel Jeffrey W. Ferguson, who has been with the Carlyle Group for 26 years, cashed in some $19 million worth of stock in August.
Palo Alto, California-based legal artificial intelligence startup Eudia has launched a law firm in Arizona, but the company's CEO Omar Haroun says it is designed to reduce in-house counsel's reliance on law firms.
Vanguard announced Thursday that it has selected the former general counsel for Principal Financial Group to serve as the investment management company's top in-house attorney at its Pennsylvania headquarters.
Connecticut Gov. Ned Lamont has named Susan Hamilton, the general counsel of Connecticut's Department of Children and Families, as the agency's interim leader.
The legal AI startup Noxtua SE welcomed a renowned digital specialist as its first chief legal officer on Thursday.
On any day, Nil Loy might deal with litigation, employment law, contracts, governance or investigations. But the first chief legal officer at Feed the Children also must deal with the unexpected, and business continuity and crisis management are part of the regular mix of issues that cross her desk.
Delaware-based chemical manufacturing company Chemours has tapped the former CEO of Pillsbury Winthrop Shaw Pittman LLP to serve as chair of its board of directors.
Eversheds Sutherland has brought on a former top lawyer in the U.S. Department of Commerce to help lead its congressional investigations practice, the firm said Thursday.
Ropes & Gray LLP said an alumnus has rejoined the firm's New York office as counsel in its real estate investments and transactions group from GIC Pte. Ltd., a Singaporean sovereign wealth fund.
The former general counsel of TransDigm Group Inc., an aerospace parts manufacturer, has filed a complaint in Ohio state court alleging she was terminated in retaliation for reporting two instances of sexual harassment and antitrust compliance concerns.
Quinn Emanuel Urquhart & Sullivan partner Alex Spiro is set to chair the board of directors for a cleaning product company pivoting to a crypto strategy as it builds a $175 million treasury of Dogecoin, a crypto token favored by Spiro's client Elon Musk.
An attorney specializing in advising clients on real estate transactions has returned to private practice after nearly five years as an in-house attorney, joining Stradley Ronon Stevens & Young LLP in its Philadelphia office.
Red River announced Wednesday the technology company has found its new chief legal officer in an experienced in-house attorney who most recently worked at GE Aerospace as a general counsel.
An attorney with two decades of service on the in-house legal team for the Texas A&M University system has been elevated to the role of general counsel.
A former associate general counsel for global pharmaceutical company Indivior Inc. has returned to private practice at her former firm, McGuireWoods LLP.
As legal departments face mounting pressure to manage costs, increases in hourly billing rates from law firms appear to be moderating, with the first few months of 2025 presenting a snapshot of this reality, according to a recent report from Wolters Kluwer's ELM Solutions.
Legal department hires in the last month included high-profile appointments at the Association of Corporate Counsel, GE Vernova, and a California legal legend joining an AI startup named Anthropic. Here, Law360 Pulse looks at some of the top in-house announcements from the past few weeks.
Global real estate firm Hines announced Tuesday that it's hired a former executive managing director and general counsel for financial company Cantor Fitzgerald as its new general counsel, chief compliance officer and managing partner in its New York City office.
To ensure that lateral partners effectively integrate their books of business, firms should design a structured transition plan based on a few fundamentals, from tracking the right data to implementing meaningful incentives, says Lana Manganiello at Practice Growth Partner.
As law firms continue to wrestle with return-to-office policies, many are being pulled toward one or the other of two extremes: the rigidity of a five-day in-office schedule and the laissez-faire approach of a flexible three-day hybrid model — but a four-day in-office workweek may be the sweet spot, says Paul Manuele at PR Manuele Consulting.
As the legal world increasingly adopts generative artificial intelligence, lawyers and firms must develop and utilize strong prompting skills, keep a pulse on forthcoming tech evolutions, and remain steadfast to ethical obligations, say Michele Carney at Carney & Marchi and Marty Robles-Avila at BAL.
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Biz Development Tip Of The Month: Prioritize ConnectionsOne reason business development in the legal industry seems so mysterious is because human relationships are so complex, but lawyers can reorient their thinking in two important ways to drive the process of connecting with new colleagues and contacts, say Jamie Lawless and Angela Quinn at Husch Blackwell.
Successful private equity exits with strong returns have solidified India's buyout market as an increasingly attractive destination for future investments, offering compelling reasons for the U.S. legal community to overcome its caution on the country's markets, says Vaishali Movva at Eimer Stahl.
While firms are busy allocating resources and assessing client demand, individual attorneys should use the start of the year to slow down and create a personal business plan, which can be accomplished with a few steps, say Elizabeth Gooch, Teri Robshaw and Chris Newman at McDermott.
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Talking Mental Health: Caring For Everyone As A Firm LeaderReid Phillips at Brooks Pierce discusses how he manages the pressure of running a law firm, how sources of stress in the legal industry have changed over the past decade, and what firm leaders should do to help manage burnout and mental health issues among employees.
LinkedIn has several features law firms can use to showcase their capabilities and thought leadership to reach prospective and existing clients, including the Event and Live features, says Sofia Millar at Reputation Ink.
Nikki Hurtado at The Ferraro Law Firm discusses what motivates her to represent victims of catastrophic injuries, how she copes with the emotional toll of such cases, and what other attorneys taking on similar cases can do to protect their mental well-being.
Law firms are expected to continue consolidating in the year to come, and because these mergers require a different kind of playbook, firm leaders must carefully consider office culture nuances, professional services economics and talent retention strategy before any merger, say directors at FTI Consulting.
In a market where clients have more options, tighter budgets and higher expectations, firms must figure out how to differentiate themselves without discounting their rates, and several practical strategies for pitching, pricing and early-engagement communication can help, says Shireen Hilal at Maior Strategic Consulting.
Law firm revenue cycles are becoming more complex and time-consuming, but hiring dedicated revenue cycle personnel can help streamline the process and reduce the burden on attorneys, says Christine Indiano at Harbor Global.
By initiating planning and processes to evaluate personal retirement goals and firm value early, longtime solo practitioners and small-firm owners can unlock a range of possibilities and potential buyers, setting up for a profitable exit and a rewarding transition, says Brent Daub at Gilson Daub.
When crafting an appellate brief, the focus for most lawyers is the argument section, but other sections also offer strategic opportunities to shape the court's perception of the case and favorably frame the issues, say attorneys at Frost Brown.