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With the increasingly dynamic role of the top corporate lawyer playing out across sectors — as well as stock awards that far outpace the amounts they see in their salaries and bonuses — the pay packages for most general counsel and chief legal officers continue to stay strong.
Want to know which legal chief is earning the most at an S&P 500 company? How compensation compares across business sectors? Explore the ins and outs of general counsel compensation with our interactive graphic.
With a megamerger with Locke Lord LLP in the works for January, Troutman Pepper Hamilton Sanders LLP has announced the elevation to partner of 18 firm attorneys who hail from various offices around the country and a range of practice groups.
Dickinson Wright PLLC is expanding its West Coast presence, opening an office in San Diego that will largely focus on life sciences, patent and intellectual property matters.
Lathrop GPM LLP and Silicon Valley firm Hopkins Carley have officially joined forces after announcing their planned combination in August, which includes a pair of new West Coast offices, the firm said Tuesday.
WilmerHale has brought on a second former Latham & Watkins LLP partner this year to its life sciences practice in its Palo Alto, California, office, strengthening the firm with an attorney who helped lead the team that guided public biopharmaceutical company BridgeBio Pharma to raise up to $1.25 billion in capital in January.
Procopio Cory Hargreaves & Savitch LLP announced that the former managing partner of Lewis Brisbois Bisgaard & Smith LLP's Indian Wells, California, office and real estate co-chair joined the firm's San Diego office as a partner.
Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP has brought on as its first-ever chief revenue officer an experienced executive who worked for more than a decade at DLA Piper in various roles.
Covington & Burling LLP said Tuesday that it promoted 14 lawyers to partner in its Brussels, Los Angeles, London, New York and Washington offices.
Nonequity partners make up one of the fastest-growing tiers of lawyers at major law firms — and that tier is the most discontented, according to Law360 Pulse's 2024 Law Firm Compensation Survey.
Lawyers in private practice are generally happy with their compensation, and BigLaw associates are particularly satisfied, thanks to openly competitive rates of pay. But equity partners at smaller firms are happiest, according to a new Law360 Pulse survey.
The legal industry may be known for its relatively high pay, but don't tell that to lawyers: Barely half of all attorneys feel satisfied or very satisfied with what they make, according to a new Law360 Pulse report.
Gordon Rees Scully Mansukhani LLP, now known as GRSM50, has elevated 51 attorneys to partnership in 21 states across more than 10 practice groups in a broad range of legal areas.
Foley & Lardner LLP is expanding its business litigation team in Northern California, announcing Monday it has brought in two DLA Piper trade secrets experts as partners in its San Francisco office.
Cyber insurance company Cowbell announced Tuesday that it has promoted to serve as its general counsel an attorney who has served as its vice president of legal for more than two years.
Contract management platform Pramata announced Tuesday a new strategic alliance with Deloitte Transactions and Business Analytics LLP, a subsidiary of Deloitte LLP.
California Gov. Gavin Newsom has signed into law a bill enshrining intersectionality in the state's anti-discrimination laws, making California the first state in the country to explicitly recognize the concept, the governor's office announced over the weekend.
A California federal judge on Monday gave final approval to Alphabet's $350 million deal settling a Google data breach securities suit and awarded $66.5 million for attorney fees amid objections, calling the deal "an excellent result" and noting the 19% cut was below the benchmark for similar cases.
California Gov. Gavin Newsom elevated a former Jones Day partner on Monday to a leadership role on the state's Second District Court of Appeal as part of a slew of judicial picks that also include alums of Akin Gump Strauss Hauer & Feld LLP and Latham & Watkins LLP.
Cozen O'Connor's continuous steady growth over the last 12 years has prompted the firm's leadership to reelect its current chief executive for another three-year term.
Stoel Rives LLP is expanding its environmental practice group, bringing in a team of seven attorneys from Downey Brand LLP to join its Sacramento and San Francisco offices, it announced on Monday.
Sarah Harrington has dedicated almost her entire legal career to public service. But on Dec. 1, following 3½ years overseeing the U.S. Department of Justice's appellate staff in the Civil Division as deputy assistant attorney general, she'll return to private practice as the new co-leader of the appellate and Supreme Court practice at Covington & Burling LLP, the firm said Monday.
McDermott Will & Emery LLP has continued its investment in technology and innovation by creating a new role focused on artificial intelligence, the firm said Monday.
New York-based legal services provider Expert Institute has been sold to private equity firm Levine Leichtman Capital Partners from its previous owner Spectrum Equity, according to a Monday announcement.
Akin is redoubling its commitment to emerging technology and artificial intelligence with a new director of practice technology and AI innovation at its London office who most recently was at Bryan Cave and previously spent more than seven years with Akin.
Amid demands from clients and prospective hires for greater sustainability efforts, law firms should think beyond reusable mugs and create programs that incorporate clear leadership structures, emission tracking and reduction goals, and frameworks for reporting results, says Gayatri Joshi at the Law Firm Sustainability Network.
Associates may hesitate to take on the added commitment of pro bono matters, but such work has tangible skill-building benefits, so firms should consider compensation and leadership strategies to encourage participation, says Rasmeet Chahil at Lowenstein Sandler.
The pandemic has likely exacerbated the prevalence of problem drinking in the legal profession, making it critical for lawyers and educators to address alcohol abuse and the associated stigma through issue-specific education, supportive assistance and alcohol-free professional events, says Erica Grigg at the Texas Lawyers' Assistance Program.
Opinion
Lawyers Have Duty To Push For Immigration Court ReformAttorneys must use their collective voice to urge federal lawmakers to create an Article I immigration court outside executive branch control, helping address the conflicts of interest, political influence and lack of adjudication consistency that prevent migrants from achieving true justice, say Elia Diaz-Yaeger and Carlos Bollar at the Hispanic National Bar Association.
Series
Ask A Mentor: How Can 1st-Year Attys Manage Remote Work?First-year associates can have a hard time building relationships with colleagues, setting boundaries and prioritizing work-life balance in a remote work environment, so they must be sure to lean on their firms' support systems and practice good time management, say Jenny Lee and Christopher Fernandez at Kirkland.
Attorney team leaders have a duty to attend to the mental well-being of their subordinates with intention, thought and candor — starting with ensuring their own mental health is in order, says Liam Montgomery at Williams & Connolly.
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 JudiciaryWith 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.