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In-House
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Hines Picks Ex-Cantor Fitzgerald Atty For GC Position
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.
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Longtime GC Of Seminole Tribe Leaves Outsize Impact In Fla.
The general counsel of the Seminole Tribe of Florida of more than four decades died over the weekend, leaving behind a legacy as a humble attorney who became the first lawyer in his tribe and went on to have far-reaching impacts on gaming in the Sunshine State.
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Ex-Target Legal Chief To See $3M In 'Income Continuation' Pay
Target's former chief legal and compliance officer, who left the retailer in June after less than a year, is set to receive just over $3 million in "income continuation" payments, according to a securities filing Friday.
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HHS Office Of Inspector General Leader Joins Arnold & Porter
A longtime attorney with the U.S. Department of Health and Human Services' Office of Inspector General, who was nominated to be inspector general of the U.S. Department of Commerce by former President Joe Biden, has joined Arnold & Porter Kaye Scholer LLP, the firm announced Tuesday.
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NY Medical Transport Co. Names General Counsel As Co-CEO
The company formerly known as Blade Air Mobility Inc. said in a securities filing that it had appointed its general counsel to serve as co-CEO.
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Federal Judge Blocks New Texas ESG Disclosure Law
A Texas federal judge temporarily blocked the state attorney general from enforcing a new state law that requires proxy advisory firms to disclose when their advice stems from factors such as diversity and inclusion, siding with the companies that argued the law breaches the First Amendment.
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Emory Healthcare Taps K&L Gates Partner As Legal Leader
Emory Healthcare tapped a K&L Gates LLP partner with more than 20 years of experience as a healthcare regulatory attorney as its next chief counsel for health affairs.
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GC Cheat Sheet: The Hottest Corporate News Of The Week
Is AI killing the billable hour — here's what general counsel need to know about how the use of artificial intelligence is affecting law firms' billing model. Anthropic has agreed to a deal to end copyright suits brought by authors who said their works were illegally used to train the company's large language model. These are some of the stories in corporate legal news you may have missed in the past week.​
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AO Smith Names New GC Amid Leadership Reshuffle
Water heater manufacturer A.O. Smith Corp. has announced its current general counsel will transition to a corporate development role, while its corporate development leader will become general counsel.
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PETA Foundation Taps Longtime CLO As Inaugural COO
The PETA Foundation announced Thursday that Jeffrey Kerr, a lawyer whom the group calls the "longest-serving chief legal officer of any animal protection organization," will become its first-ever chief operating officer at the start of September.
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Law360 Names Attys Who Moved Up The Firm Ranks In Q2
A promotion to partner or election to practice group chair means a slew of new responsibilities and also lots of well-deserved recognition. Law360 reveals the list of attorneys whose commitment to legal excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the second quarter of the year.
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Voir Dire: Law360 Pulse's Weekly Quiz
BigLaw firms announced a slew of new hires this week as the legal industry sees August recede in the rearview mirror. Test your legal news savvy here with Law360 Pulse's weekly quiz.
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In Their Words: Will AI Kill The Billable Hour?
The rising use of generative artificial intelligence tools that allow attorneys to get work done faster is creating tension with the traditional model of billable hours. Here, six legal leaders give their take on whether AI will eliminate the billable hour.
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GE Vernova Hires Chief Legal Officer From Howmet Aerospace
GE Vernova Inc. announced to investors Wednesday the hiring of a former executive at Howmet Aerospace Inc. as its latest chief legal officer, following the departure of its general counsel in May.
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FedArb Hires Ex-RTX Legal Chief As Commercial Mediator
California-based alternative dispute resolution service Federal Arbitration Inc., or FedArb, announced Wednesday the hiring of a former corporate vice president and chief litigation counsel at aerospace and defense conglomerate RTX Corp. as a Connecticut-based mediator and arbitrator focused on commercial matters.
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Recruitment Biz Hudson Global Names Post-Merger CLO
Following the completion of its merger with Star Equity Holdings Inc., recruitment company Hudson Global Inc. has named a new chief legal officer, a recent U.S. Securities and Exchange Commission filing shows.
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Labor Atty Rejoins McGuireWoods After Food Company Stint
McGuireWoods LLP announced Wednesday that it has welcomed an alumnus back to its labor and employment team following his stint as an associate general counsel for packaged meat company Smithfield Foods Inc.
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A Veteran In-House Counsel Switches To A Mother-Son Firm
After more than 40 years advising companies like Halliburton, Dell Technologies and Walmart on employee benefits and compensation matters, in-house counsel Lisa Cummings recently moved into private practice.
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From Phone Operator To C-Suite: TruLegal's New Rev Chief
TruLegal, which operates a talent network to help law firms and legal departments fill roles in areas such as e-discovery and data privacy, welcomed Tom Stephenson as its first chief revenue officer Thursday.
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New KPMG Legal Leader Focuses On Unifying Legal And Risk
As the new day-to-day leader of KPMG's U.S. in-house legal department, David Fine is focused on enabling artificial intelligence in the firm and the department as well as integrating the company's risk management functions with its legal, regulatory and compliance operations.
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In-House Counsel Group Names GE Appliances GC As CEO
The Association of Corporate Counsel, the largest in-house counsel advocacy association, has named the vice president and general counsel of GE Appliances as its next president and CEO, effective in November, according to a Tuesday announcement.
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Why This Small-Firm Lawyer Charges $3,000 Per Hour
As a solo or small firm attorney, would you charge $3,000 per hour? Meet one attorney who does — and learn how his story of ultra-high prices could help you set your own rates.
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Greenberg Traurig Adds Real Estate Pro From DR Horton
Greenberg Traurig LLP has added a real estate and construction pro, who joins the firm from an in-house role at homebuilding company D.R. Horton, to its real estate practice.
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Beyond Pay: How To Retain Your Rainmakers
U.S. law firms are working overtime to keep their top-billing attorneys, as growing profits and higher compensation increase lateral movement.
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With More Rainmakers On The Go, Firms Pay Them Millions
Amid a growing gap between the most profitable BigLaw shops and everyone else, top law firms can afford to pay a lot more to lure rainmakers and their practices.
Expert Analysis
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Tips For Attracting Stellar CLOs In A Competitive Landscape
Amid a rapidly changing regulatory environment and a fierce market for talent, companies hoping to attract the best chief legal officers must have a strong grasp of their roles’ biggest selling points, and any roadblocks that may prevent them from recruiting the strongest choice, says Heather Fine at Major Lindsey.
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'Golden Handcuffs' May Be A Double-Edge Sword For Firms
As law firms increasingly use certain financial incentives to retain partners in a fierce lateral market, managing partners should consider the pros and cons of various deferred compensation schemes, says Tom Hanlon at Buchanan Law.
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The 10-Min. Rule For Building A Business Development Habit
Many lawyers assume that becoming a rainmaker requires a significant investment of time and effort, but the truth is that building a consistent habit of business development can start with just 10 minutes of strategic outreach a day, says Paul Manuele at PR Manuele Consulting.
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5 Pointers For Firm Leaders Communicating Tough Decisions
Certain law firm decisions — such as whether to challenge an executive order — cannot be crowdsourced, but leadership can collaboratively communicate these choices using strategies that build trust, reinforce values and preserve cohesion, says John Hellerman at Hellerman Communications.
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Biz Development Tip Of The Month: Create A Succession Plan.jpg)
​​​​​​​Conversations around retirement and succession can be understandably difficult, but when attorneys make a plan for the transition early and effectively, they have the opportunity to not only keep work but also increase it, says Jillian McKenna at Verrill Dana.
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Looking Under The Hood Of The $3,000 Billable Hour
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In recent years, top-tier law firms have pushed hourly rates to unprecedented heights, with some partners commanding $3,000 per hour — but this eye-popping number doesn’t tell the full story, as there are numerous caveats and rigorous winnowing along the way, says Christopher Seck at Squire Patton.
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How Law Firms Can Keep Nonequity Partners Happy
Law firms that successfully manage two-tiered partnership do so by creating a culture that treats everyone with respect and by establishing financial incentives outside their base compensation to reward performance, says Carol Morganstern at Major Lindsey.
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Biz Development Tip Of The Month: Leverage Your Atty Bio
If maintained properly, your firm bio can help attract potential clients and create authentic connections, so it's crucial to take steps to write an updated attorney profile that goes beyond a list of credentials, says Raychel Lean at Reputation Ink.
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Ask A Mentor: How Can I Promote Thoughtful Use Of AI?
Eran Kahana at Maslon discusses how partners can encourage responsible use of artificial intelligence tools within their firms by learning to spot pitfalls common to AI-generated work product and championing firmwide procedures and trainings that address the risks of uncritically relying on this powerful but imperfect technology.
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Making Legal Cents: Firm Culture Is The New Game Plan
Law firm culture is often dismissed as a soft factor — merely platitudes on a website that seem disconnected from the bottom line — but by intentionally embedding a strong culture into day-to-day operations, law firms can achieve sustainable success, says Shireen Hilal at Maior Strategic Consulting.
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5 Questions Firms Must Ask For Successful Lateral Integration
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.
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Goldilocks Solution: Why The 4-Day Office Week Is Just Right
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.
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As Attys Adopt Generative AI, 3 Elements Should Be Cardinal
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.
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Rethinking 'No Comment' For Clients Facing Public Crises
“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 Connections
One 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.