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Wells Fargo & Co. will pay $84 million to settle a proposed class action alleging the bank used dividends earned by its employee stock ownership plan, or ESOP, to meet its 401(k) matching obligations, according to the proposed deal filed Wednesday in Minnesota federal court.
From doing a governance audit on the organization to adding vendors and alternative service providers to its board, the Corporate Legal Operations Consortium is making major changes to move itself forward in 2026.
Top in-house attorneys for Bristol Myers Squibb, Docusign and GoDaddy are among the members of the newly announced general counsel advisory board for Theo Ai, a company using an artificial intelligence platform to predict outcomes in civil suits.
The general counsel of the U.S. Department of Energy during President Donald Trump's first term has joined Torridon Law PLLC, a Washington, D.C., boutique launched in 2022 by Trump's former Attorney General William Barr and former Facebook general counsel Ted Ullyot.
Savills announced Wednesday that it is elevating Julia Spivack, who has been associate general counsel at the real estate advisory firm for three years, to executive vice president and general counsel. In an interview with Law360, Spivack spoke about her priorities in her new role.
General Counsel AI Inc., a legal artificial intelligence platform for in-house counsel, announced on Wednesday a $60 million Series B funding round that values the company at $555 million.
Columbia Sportswear Co. has named its longtime general counsel as its co-president and promoted its chief human resources officer as its new legal leader, the company announced Wednesday.
The attorneys chosen as Law360's 2025 MVPs have distinguished themselves from their peers by securing significant achievements in high-stakes litigation, complex global matters and record-breaking deals.
Energy technology company Holtec International urged a New Jersey state court to reject motions to dismiss a lawsuit accusing its former general counsel and others of taking part in an embezzlement scheme, calling their efforts "misguided attempts" to attack its complaint.
Philadelphia-based credit card asset manager Fidem Financial has brought on a new in-house attorney to lead its legal department as part of the recent expansion of the company's executive team.
A former top legal counsel during President Donald Trump's first term is leaving her private practice at Keller Postman LLC to join the legal department at energy startup Base Power Inc.
Reed Smith LLP said Monday it has hired the general counsel of former Premier League champions Leicester City FC as a London-based partner in its entertainment and media practice.
The Walt Disney Company has extended its top lawyer's contract into 2028 and changed his title to senior executive vice president, chief legal and global affairs officer, according to a filing with the Securities and Exchange Commission.
The longtime general counsel of biopharmaceutical company Exelixis Inc. abruptly stepped down Friday and was replaced by the company's senior vice president for intellectual property & licensing, according to filings submitted to the U.S. Securities and Exchange Commission.
The federal judge overseeing Epic Games' antitrust suit against Google Inc. has doubts about their settlement deal and is asking for more evidence. And a Black McDonald's executive, who claimed he was fired for confronting his CEO over a racial comment, has lost his bias suit. These are some of the stories in corporate legal news you may have missed in the past week.
New Orleans-based energy company Entergy Corp. has begun making preparations following the announcement that its top in-house attorney will depart in the spring, elevating its current deputy general counsel to the position.
Axiom Space's new chief legal officer is an Austin, Texas, lawyer who previously served as an associate general counsel for Edwards Lifesciences and practiced at firms including Gibson Dunn & Crutcher LLP and Vinson & Elkins LLP, the company announced Friday.
Greenberg Traurig LLP announced Thursday that it had hired the managing director and head of state and local government affairs at Citi for its office in Albany, New York.
The Federal Aviation Administration on Friday cut hundreds of flights following an emergency order to slash air travel at 40 airports as the longest-running government shutdown in history drags on. Here, Law360 Pulse talks to attorneys who travel for work about how the air travel reduction is impacting them.
The legal industry kicked off November with another busy week as BigLaw firms launched new office attendance policies and expanded practices. Test your legal news savvy here with Law360 Pulse's weekly quiz.
In a landmark vote that turned corporate governance on its head, Tesla Inc. shareholders on Thursday thumbed their noses at both Delaware Chancery Court and top proxy advisers by awarding CEO Elon Musk an estimated $1 trillion compensation package, according to preliminary results.
Aviation expert and former U.S. Department of Transportation senior trial attorney Amna Arshad has joined Amazon as an associate general counsel in charge of the legal teams for its worldwide aviation business, after spending the last year and a half in the aviation and transportation practices at Crowell & Moring LLP.
Roku Inc. has found as its new top lawyer a former general counsel at Snap Inc. and longtime partner at Hogan Lovells, according to a Wednesday securities filing.
New Jersey Governor-elect Mikie Sherrill named former state court Judge Tim Lydon as her chief counsel Thursday, appointing a veteran of all three branches of state government to help steer her legal and policy agenda as she prepares to take office in January.
Healthcare and life science boutique Frier Levitt named the chair of its employment law practice group to serve as the 50-attorney, Pine Brook, New Jersey-based firm's general counsel this week.
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.
While international agreements for space law have remained relatively unchanged since their creation decades ago, the rapid pace of change in U.S. laws and policies is creating opportunities for both new and veteran lawyers looking to break into this exciting realm, in either the private sector or government, says Michael Dodge at the University of North Dakota.
Series
Ask A Mentor: What Makes A Successful Summer Associate?
Navigating a few densely packed weeks at a law firm can be daunting for summer associates, but those who are prepared to seize opportunities and not afraid to ask questions will be set up for success, says Julie Crisp at Latham.
Law firms can attract the right summer associate candidates and help students see what makes a program unique by using carefully crafted messaging and choosing the best ambassadors to deliver it, says Tamara McClatchey, director of career services at the University of Chicago Law School.