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Law360 Pulse looked beyond bare financials to see how business sectors, law firms and schools could influence the pay of top-earning GCs in S&P 500 companies. Here’s what we found.
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.
A Connecticut federal judge has affirmed a ban on certain protests aimed at the Chapter 11 trustee overseeing the bankruptcy estate of Chinese dissident Miles Guo, also known as Ho Wan Kwok, after the trustee faced death threats because of his investigation and a failed $250 million settlement.
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.
Law360 Pulse asked lawyers about their compensation, pay structure transparency, billable hours and more. Find out how much they earn, how satisfied they are and where some of the problem areas lie with their pay.
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.
The Connecticut legislature's judiciary committee voted Monday to confirm state Supreme Court Justice Raheem L. Mullins as chief justice on an interim basis, elevating the 46-year-old career public servant after hearing his plans for a "drastic revamp" of courthouse technology and his promise to exercise judicial restraint.
The former police chief in Newington, Connecticut, dropped his demand for attorney fees after defamation claims against him were dropped and a state court judge ordered that, in order to collect, his lawyer may have to testify at an upcoming hearing.
A Connecticut personal injury firm's insurance company says it won't foot the bill for claims stemming from a hacker breaking into the firm's email system and stealing over $750,000 from a client, saying the firm's professional liability policy excluded "cyber security events."
Kicking off this week's legal lions list are four law firms that secured a summary judgment win Tuesday for DoorDash Inc. and other food app delivery companies in their federal lawsuit challenging a New York City law requiring delivery services to provide restaurants with certain customer info.
The legal industry had another action-packed week as law firms promoted partners and federal prosecutors charged New York City Mayor Eric Adams with bribery and fraud. Test your legal news savvy here with Law360 Pulse’s weekly quiz.
A Connecticut attorney's former client has effectively admitted that she is the one responsible for delays in responding to discovery requests in a fraudulent transfer suit that ultimately cost her $450,000, the attorney said in seeking summary judgment in a malpractice suit that she brought against him in state court.
The start of autumn brings changing leaves and growing law firms as offices big and small increase their footprints through the country. BigLaw firms, midsize shops and boutiques across the country all found room to grow in September.
A Connecticut state court has dismissed a solo practitioner's lawsuit that alleged a partner at Willkie and his wife abused the court process by suing him over his contribution to an unflattering New York Post story about the couple.
A veteran insurance attorney who previously worked in-house at insurance and reinsurance groups is beginning a new chapter in his career at Wiggin and Dana LLP.
Roughly 90% of law firms that recently relocated or renovated say the updated digs have been for the better regarding culture and "office energy," and such positive change has been most widely felt among firms that moved, according to a recent report from real estate brokerage firm Savills.
There has been a recent flurry of general counsel seeing promotions to chief legal officers within their organizations across industries, as companies put the top legal leader — someone they want as a strategic business partner — at the same level as other members of the C-suite.
Retired Connecticut Supreme Court Chief Justice Richard A. Robinson is beginning a new chapter by entering private practice for the first time at Day Pitney. Robinson talked with Law360 Pulse recently about his time on the bench, technology in the legal profession, and his new role.
As the days grow shorter and the scent of pumpkin spice lattes fills the air, the glimmer of hope that BigLaw firms would follow Milbank LLP in awarding associates special summer bonuses has floated away on the breeze like autumn leaves.
Citing an irretrievable breakdown in the attorney-client relationship, lawyers with the Connecticut firm Spears Manning & Martini LLC have moved for permission to stop representing an imprisoned former tech CEO in legal battles with the company he ripped off.
Cindy Zuniga-Sanchez, Dechert LLP’s new talent development manager, is also a self-taught expert on financial freedom. She is the author of a book that details how she was able to pay off $215,000 of law school and credit card debt six years early. Here, she gives away her key tips.
Total compensation for general counsel at a sample of the largest U.S. companies has increased by nearly 25%, or from $2.6 million in 2019 to $3.3 million in 2023, according to a report released Tuesday by data analyst Equilar Inc.
Law firms that fail to consider their attorneys' online habits away from work are not using their best efforts to protect client information and are simplifying the job of plaintiffs attorneys in the case of a breach, say Mark Hurley and Carmine Cicalese at Digital Privacy and Protection.
Though effective writing is foundational to law, no state requires attorneys to take continuing legal education in this skill — something that must change if today's attorneys are to have the communication abilities they need to fulfill their professional and ethical duties to their clients, colleagues and courts, says Diana Simon at the University of Arizona.
In the most stressful times for attorneys, when several transactions for different partners and clients peak at the same time and the phone won’t stop buzzing, incremental lifestyle changes can truly make a difference, says Lindsey Hughes at Haynes Boone.
Series
Ask A Mentor: How Can I Support Gen Z Attorneys?Meredith Beuchaw at Lowenstein Sandler discusses how senior attorneys can assist the newest generation of attorneys by championing their pursuit of a healthy work-life balance and providing the hands-on mentorship opportunities they missed out on during the pandemic.
A recent data leak at Proskauer via a cloud data storage platform demonstrates key reasons why law firms must pay attention to data safeguarding, including the increasing frequency of cloud-based data breaches and the consequences of breaking client confidentiality, says Robert Kraczek at One Identity.
There are a few communication tips that law students in summer associate programs should consider to put themselves in the best possible position to receive an offer, and firms can also take steps to support those to whom they are unable to make an offer, says Amy Mattock at Georgetown University Law Center.
Many attorneys are going to use artificial intelligence tools whether law firms like it or not, so firms should educate them on AI's benefits, limits and practical uses, such as drafting legal documents, to remain competitive in a rapidly evolving legal market, say Thomas Schultz and Eden Bernstein at Kellogg Hansen.
Dealing with the pressures associated with law school can prove difficult for many future lawyers, but there are steps students can take to manage stress — and schools can help too, say Ryan Zajic and Dr. Janani Krishnaswami at UWorld.
Amid ongoing disagreements on whether states should mandate implicit bias training as part of attorneys' continuing legal education requirements, Stephanie Wilson at Reed Smith looks at how unconscious attitudes or stereotypes adversely affect legal practice, and whether mandatory training programs can help.
To become more effective advocates, lawyers need to rethink the ridiculous, convoluted language they use in correspondence and write letters in a clear, concise and direct manner, says legal writing instructor Stuart Teicher.
Series
Ask A Mentor: How Can I Negotiate My Separation Agreement?Kate Reder Sheikh at Major Lindsey discusses how a law firm associate can navigate being laid off, what to look for in a separation agreement and why to be upfront about it with prospective employers.
Recent legal challenges against DoNotPay’s "robot lawyer” application highlight pressing questions about the degree to which artificial intelligence can be used for legal tasks while remaining on the right side of both consumer protection laws and prohibitions against the unauthorized practice of law, says Kristen Niven at Frankfurt Kurnit.
At some level, every practicing lawyer is experiencing the ever-increasing speed of change — and while some practice management processes have gotten more efficient, other things about the legal profession were better before supposed improvements were made, says Jay Silberblatt, president of the Pennsylvania Bar Association.
Law firms will be able to reap great long-term benefits if they adopt strategies to nurture four critical components of their employees' psychological wellness and performance — hope, efficacy, resilience and optimism, says Dennis Stolle at the American Psychological Association.
With caseloads and spending increasing, in-house counsel might find themselves called to opine on the risks and benefits of litigation more often, and they should look at five Sun Tzu maxims from the ancient Chinese classic "The Art of War" to inform their approach to any suit, says Jeff Golimowski at Womble Bond.