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Munchkin Inc. says it had multiple legitimate reasons to terminate the baby company's general counsel for cause after he launched a "retaliatory and vindictive campaign" against another executive, calling him "unhinged" and slamming his suit against the company as "harassing," according to a filing in California state court.
Time USA LLC has promoted the head of business and legal affairs of its Time Studios division to serve as its new top attorney, the company announced Friday.
Texas-based Tesla on Friday proposed a pay package for CEO Elon Musk that could earn him a trillion dollars' worth of stock, if he meets certain corporate objectives over the next decade. It is believed to be the first trillion-dollar corporate compensation package in history.
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 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.
Series
Ask A Mentor: How Do I Negotiate Long-Term Flex Work?
Though the pandemic has shown the value of remote work, many firms are still reluctant to embrace flexible working arrangements when offices reopen, so attorneys should use several negotiating tactics to secure a long-term remote or hybrid work setup that also protects their potential for career advancement, says Elaine Spector at Harrity & Harrity.
Instead of spending an entire semester on 19th century hunting rights, I wish law schools would facilitate honest discussions about what it’s like to navigate life as an attorney, woman and mother, and offer lessons on business marketing that transcend golf outings and social mixers, says Daphne Delvaux at Gruenberg Law.
Female lawyers belonging to minority groups continue to be paid less and promoted less than their male counterparts, so law firms and corporate legal departments must stop treating women as a monolithic group and create initiatives that address the unique barriers women of color face, say Daphne Turpin Forbes at Microsoft and Linda Chanow at the Institute for Inclusion in the Legal Profession.
Opinion
We Need More Professional Diversity In The Federal Judiciary
With the current overrepresentation of former corporate lawyers on the federal bench, the Biden administration must prioritize professional diversity in judicial nominations and consider lawyers who have represented workers, consumers and patients, says Navan Ward, president of the American Association for Justice.
Series
Ask A Mentor: How Do I Retire Without Creating Chaos?
Retired attorney Vernon Winters explains how lawyers can thoughtfully transition into retirement while protecting their firms’ interests and allaying clients' fears, with varying approaches that turn on the nature of one's practice, client relationships and law firm management.
Narges Kakalia at Mintz recounts her journey from litigation partner to director of diversity, equity and inclusion at the firm, explaining how the challenges she faced as a female lawyer of color shaped her transition and why attorneys’ unique skill sets make them well suited for diversity leadership roles.
Navigating the legal world as an Asian American lawyer comes with unique challenges — from cultural stereotypes to a perceived lack of leadership skills — but finding good mentors and treating mentorship as a two-way street can help junior lawyers overcome some of the hurdles and excel, say attorneys at Paul Weiss.
As the need for pro bono services continues to grow in tandem with the pandemic, attorneys should assess their mental well-being and look for symptoms of secondary traumatic stress, while law firms must carefully manage their public service programs and provide robust mental health services to employees, says William Silverman at Proskauer.
As more law firms develop their own legal services centers to serve as both a source of flexible personnel and technological innovation, they can further enhance the effectiveness by fostering a consistent and cohesive team and allowing for experimentation with new technologies from an established baseline, say attorneys at Hogan Lovells.
Amid pandemic-era shifts in education, law schools and other stakeholders should consider the wide geographic and demographic reach of Juris Doctor programs with both online and in-person learning options, and educators should think through the various ways hybrid programs can be structured, says Stephen Burnett at All Campus.
BigLaw has the unique opportunity to hit refresh post-pandemic and enhance attorney satisfaction by adopting practices that smaller firms naturally employ — including work assignment policies that can provide junior attorneys steady professional development, says Michelle Genet Bernstein at Mark Migdal.
In order to attract and retain the rising millennial generation's star talent, law firms should break free of the annual review system and train lawyers of all seniority levels to solicit and share frequent and informal feedback, says Betsy Miller at Cohen Milstein.
Lawyers can take several steps to redress the lack of adequate LGBTQ representation on the bench and its devastating impact on litigants and counsel in the community, says Janice Grubin, co-chair of the Judiciary Committee at the LGBT Bar Association of Greater New York.
Krill Strategies’ Patrick Krill, who co-authored a new study that revealed alarming levels of stress, hazardous drinking and associated gender disparities among practicing attorneys, highlights how legal employers can confront the underlying risk factors as both warnings and opportunities in the post-COVID-19 era.