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In-House
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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.
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Georgia University Dad Returns To Campus As Legal Chief
Charles Norton Jr., the outgoing general counsel and corporate secretary for The Coca-Cola Bottlers' Association, joined Law360 Pulse to discuss becoming associate vice president and general counsel at Georgia College & State University, where he used to visit his daughter when she was an undergraduate student there.
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Ohio Package Co.'s GC To Retire And Deputy To Succeed Him
Greif Inc. announced on Tuesday that its lead attorney will retire after more than two decades working at the Ohio-based industrial packing company, and its deputy general counsel is set to succeed him.
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King & Spalding Hires Former CMS Litigation Leader In DC
The former deputy associate general counsel for litigation in the general counsel's office at the Centers for Medicare & Medicaid Services has joined King & Spalding LLP as a partner in Washington, D.C., the firm announced Tuesday.
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Mars Inc. Moves Pet Nutrition GC To Snack Business
Mars Inc. announced Tuesday that the general counsel for its pet nutrition arm will assume that role for its snacking business, which oversees iconic brands like M&M's and Snickers.
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Troutman Adds Ex-Medallion Midstream GC To Energy Team
Troutman Pepper Locke LLP has added the former general counsel of Medallion Midstream LLC — which was acquired for $2.6 billion last year — to its Dallas office, strengthening the firm's energy transactional practice with an energy attorney who has two decades of legal experience, the firm announced Monday.
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AI Startup Anthropic Picks Legal Legend As GC
Anthropic, a multibillion-dollar AI startup and public benefit corporation focused on safety, has hired a much-honored California attorney who was special counsel to former President Barack Obama, a corporate chief legal officer and a law clerk to late Supreme Court Chief Justice William Rehnquist.
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Construction Supplies Co. Hires Ex-Fannie Mae Atty As GC
White Cap has hired a former Fannie Mae deputy general counsel as its new general counsel in its Atlanta headquarters, the construction supplies and safety products company announced Monday.
Expert Analysis
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Biz Development Tip Of The Month: Be A Mentor Or Mentee
Mentorship is a powerful tool for business development when both mentors and mentees approach their relationships with strategic purpose, ensuring professional success while supporting broader business goals, say Angela Liu at Dechert and Jessica Lewis at WilmerHale.
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4 Biz Dev Steps For Attys Who Don't Know What They Want
Junior attorneys are increasingly expected to start building books of business while they are still figuring out their long-term career goals, but a few pointers can help young lawyers develop business even when they’re uncertain about their future direction, says Lana Manganiello at Practice Growth Partner.
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Protecting Client Funds From Cyberattacks
As cyberattacks on law firms continue to escalate, bar associations, law firms and individual lawyers must all take steps to protect client funds in attorney trust accounts — from imposing cyber hygiene mandates to reimagining malpractice coverage — because once that money is gone, it’s generally gone for good, says Michael Epstein at The Epstein Law Firm.
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Making Legal Cents: For Billing, Think Value, Not Time
Pricing strategy is one of the most consistently discussed but underleveraged tools in a firm's arsenal, and rather than keeping hourly billing because it's easy, firms should consider their differentiators when structuring more effective fee models, says Shireen Hilal at Maior Consultants.
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Achieving Organic Growth For A Legal Nonprofit
We started Law Rocks to promote music education for underprivileged youth and raise funds for local nonprofits, and our 15-year journey has shown that enthusiasm, persistence and a great network can lead to a surprising amount of organic growth, say Nick Child and Ted Scott at Secretariat.
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Biz Development Tip Of The Month: Engage With The Media
Business development is all about awareness — and by taking existing skills and adapting them to build media relationships and thereby address today's audiences, lawyers can expand their outreach and use thought leadership to build a more complete, compelling personal brand, says Michael Goodwin at Stanton PR.
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What GCs Value Most: 7 Habits Of Great Relationship Partners
When seeking outside legal advisers, general counsel want commercially savvy lawyers who cultivate relationships of trust with their in-house counterparts, back up the GC's authority and focus on actionable advice instead of abstract legal analysis, say Andrew Dick at The L Suite and Rob Morvillo at Olo.
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5 Ways In-House Counsel Can Stay Ahead Of New HSR Rules
Now that the Trump administration’s new Hart-Scott-Rodino Act rules have been in effect for several months, in-house counsel should consider several practice pointers that can help spearhead management of M&A-related antitrust risk, say attorneys at Squire Patton.
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Nonequity Partner Frustrations Reflect Erosion Of Opportunity
Nonequity partners report the lowest satisfaction, highest stress and poorest financial outlook of any group of lawyers, highlighting a growing structural disconnect that leaves attorneys at many firms feeling like the ladder has been pulled up behind those who already ascended, says Jake Carroll at Nelson Mullins.
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Learn Your Colleagues To Cross-Sell Their Services Fearlessly
Understanding where colleagues in other practice areas shine can help attorneys confidently cross-sell each other's services and bring in business to keep the firm afloat in hard times, says Joe Calve at Calve Communications.
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Biz Development Tip Of The Month: Advertise Ethically
Business development in the legal industry is about building authentic connections and showcasing expertise in a way that reflects reality, and, when done right, it can elevate a practice, establish credibility and bring in clients without risking an ethics violation, says Melody Jackson at Robinhood.
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Ask A Mentor: How Do I Help After Mental Health Leave?
Molly Ranns at the State Bar of Michigan suggests five ways to smooth a colleague's return to practice after short-term mental health leave, while creating a firm culture that protects employees’ emotional health.
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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.