In a recent professional update, Hogan Lovells has renewed Marie-Aimée de Dampierre’s term as their chair for another three years, initiating from May of next year. A litigator deeply embedded within the Hogan’s intellectual property, media, and technology practice, her responsibilities involve maintaining the firm’s quality standards and fostering its work environment. More about this can be found on Hogan Lovells’ official announcement.
AI adoption, in particular generative AI, is creating ripples in the academia and professional circles alike. According to a recent survey by Gartner, Inc., cited in this press release, 70 percent of the 179 legal, compliance, and top-tier privacy leaders view a fast-paced GenAI implementation as a significant concern for the next two years.
Law firm compensation discussions are vibrant following Sullivan & Cromwell’s decision to employ the Cravath scale for their associate compensation. Achieving in line with market trends, the bumped up remunerations are expected to reach associates via direct deposit on December 22, with bonuses standing as high as $115,000. Above the Law provides an in-depth look into this.
More professional transitions are underway with former Skadden antitrust lawyer, Michael Sosso, stepping into the position of BP’s new general counsel, following his time as the oil company’s senior vice president for legal. Sosso’s appointment is due to replace the retiring Eric Nitcher at the conclusion of this year. Read more on the story here.
Among recent key lateral hires, Audrey Pumariega returns to McDermott Will & Emery as a partner on the litigation front in Miami after her term with the Miami-Dade County Attorney’s Office. This report provides more details.
Down in Texas, Alfonso Chan joins King & Spalding as a partner from McKool Smith, enhancing the trial and global disputes practice group operating out of Austin. Find more about Chan’s move here.
Cathy Mulrow-Peattie shifted her allegiance from Loeb & Loeb to Hinshaw & Culbertson to join their New York office as a partner. This significant transition can be further read about in Bloomberg Law’s report.
Concluding this update, a particularly noteworthy recruitment is Scott A. Stengel’s stepping into Truist Financial Corporation as the senior executive vice president and chief legal officer from December 26 this year. Read more on the appointment here.