Increasing workloads, understaffed teams, and challenging company cultures are contributing to a rise in anxiety, fatigue, and stress experienced by in-house lawyers, according to a 2024 Mental Health Survey conducted by Law.com and ALM Intelligence. The survey, which garnered 79 responses from in-house counsel, a considerable increase from the previous year’s mere two dozen responders,…
The salaries of general counsel and other senior in-house attorneys have experienced an uptick, according to a recent in-house compensation report published by executive search firm BarkerGilmore. Within the legal workforce, in-house counsel saw a rise of 4.4% in their median compensation in 2024 compared with the previous year. Among the different roles, managing counsel…
The recent survey conducted by Bloomberg Law highlights a distinct disparity between in-house and outside lawyers’ views on the potential effects of the US Supreme Court overruling or modifying Chevron. Specifically, in-house counsel appears to anticipate a considerable transformation to their practices compared to law firm attorneys. Essentially, those working heavily in regulatory fields are…
In a 2022 survey conducted by Axiom, it was found that approximately 78% of in-house lawyers felt stressed or burned out within their roles. Our current times demand an increased focus on mental health, but legal professionals especially need self-reflecting strategies to manage their workload and well-being. Various tactics have been suggested for managing stress,…
Welcome to the daily rundown of top news for legal professionals. Within this digest, we relay versatile and impactful developments for lawyers, law firms, and in-house counsel across the globe. Today, we spotlight the city of St. Louis’s intense tax scrutiny of Bryan Cave Leighton Paisner. The city of St. Louis stated in January that…
Welcome to today’s legal news roundup, focusing on news that affects lawyers, law firms, and in-house counsel. We will be looking at the crusading FTC chair, the financial woes of the California State Bar, and the evolving landscape of law firms in Hong Kong. Leading the headlines is the Federal Trade Commission Chair Lina Khan….
The legal industry’s notable struggle with mental health issues has started to gain attention from high-ranking in-house leaders, whose influence can significantly impact the sector. Standout figures like Eric Greenberg, General Counsel of Cox Media Group, have joined the fight to address these critical issues plaguing legal firms. Through a process Greenberg calls “a leap…
Quinn Emanuel now offers its United Kingdom-based junior lawyers an annual pay of £180,000. This decision exemplifies a trend in top-tier law firms prioritizing compensation, signaling a potential shift in the broader legal landscape. These pay bumps may cause other firms to evaluate their compensation practices and make necessary changes to attract and retain top…
In the legal world, an apparent increase has been noted in the number of lawyers and clients who wish to enhance their knowledge about sustainable development practices. This trend not only showcases increased consciousness towards the environment but also reflects the shift in priorities among the legal fraternity and their clientele. Sustainable development refers to…
Navigating the nuanced dynamics of attorney-outsider relationships can indeed be a challenging task for in-house counsel. These relationships often require delicate management to ensure productive outcomes. With this task in mind, Google’s Senior Associate in Vendor Strategy and Governance Management, Matt Rubbelke, emphasizes the importance of effective problem-solving and clear communication. Addressing a congregation of…
The role of in-house counsel in corporate firms extends beyond addressing legal risks; it also involves serving as business advisors and counselors. This is crucial in navigating various risks, including reputational risk, while striving to achieve business objectives. The added value of in-house counsel is tied to their familiarity with the core values, culture, and…
Welcome to our daily rundown of the top news for lawyers, law firms, and in-house counsel across the globe. A severe incident caught our attention; the fatal shooting of an associate from the renowned Lewis Brisbois law firm. Jeffrey Limmer, part of the firm’s general liability practice, was shot and killed on May 4 outside…
The recent Post Office inquiry has put the challenging relationship between CEOs and General Counsels in the limelight, as leading General Counsels react to the evidence given by the former Post Office GC, Susan Crichton. This has led to a wider questioning of the predicaments facing in-house lawyers generally. However, some significant challenges have been…
Q2 is often a booming period for job hunting, particularly among corporate executives and in-house counsel. Overcoming the post-holiday blues, receiving end-of-year bonuses (nicknamed Flight 331), and seeing off the Q1 maelstrom, many find this an opportune time to eye a career move. Prior to accelerating the job search engine, however, it is essential to…
Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel. Among the major legal narratives of the day is the story of Susman Godfrey’s Justin Nelson and white-collar defender Danya Perry assisting former Donald Trump lawyer Michael Cohen in taking down a false One…
Renowned legal podcast Legal Speak made its mark yet again at a different venue – the riveting General Counsel Conference Midwest 2024, which took place in Chicago last week. The conference brought together a senior-level audience of in-house counsel from multinational companies based in the U.S. Legal Speak’s co-hosts, Cedra Mayfield and Patrick Smith, had…
Last week, a prominent gathering of legal minds took place at the General Counsel Conference Midwest 2024 in Chicago. Attendees were in-house counsel from various multinational companies based in the US. Legal Speak was present, with co-hosts Cedra Mayfield and Patrick Smith conducting insightful interviews with professionals from across the legal industry. The topics explored…
In a poignant reflection of courage and grit, noted workers’ compensation attorney Travis Jablonski narrates his daunting struggle with terminal cancer. With a fighting spirit, he stated, “I’ve never died before. I don’t know how to do it — and I’d like to do it well.” While the consistent focus on his legal profession has…
Welcome to another update of significant legal news. This roundup is relevant for lawyers, law firms, and in-house counsel. Detroit-based law firm Clark Hill and one of its attorneys are facing serious accusations of having wired $1.1 million to scammers. These individuals allegedly hacked into email accounts to intercept settlement funds. The lawsuit came from…
In a quantum sphere that is increasingly going digital, the cybersecurity aspects pertaining to the data that law firms and in-house counsels deal with, has become more significant than ever before. Despite the prevalence of multifaceted security measures like complex passwords, firewalls, and multi-factor authentication, there still exists a quite significant vector of risk –…
In the latest Bloomberg Law’s Wake Up Call, a highly curated selection of the day’s top legal news, the spotlight fell on one specific development: former Foley Partner, Chris Kise, taking a break from duties related to Donald Trump’s surgical procedures.Bloomberg Law’s Wake Up Call Chris Kise, the well-known attorney and former partner at the…
The Securities and Exchange Commission (SEC) is intensifying its investigative gaze into the financial industry’s use of private messaging applications such as WhatsApp, a service owned by Meta Platforms Inc.. This move highlights existing concerns regarding what types of records hedge funds are legally obliged to maintain. In a notable action, the SEC recently levied…
In this era of heightened scrutiny over antitrust concerns, it is increasingly crucial for in-house lawyers to be vigilant beyond the usual traps. A focus on education is paramount, with considerations around handling subpoenas and depositions becoming more important than ever. These concerns were raised by Erin Shencopp, a senior counsel at Boeing, in a…
Today’s top in-house counsels, be they General Counsel or Chief Legal Officers, are navigating a changing landscape. With roles differing substantially whether they manage a team of three or 300, there is common ground in one challenge: the escalating complexity of labor and employment issues due to the continuous addition of regulations.This report from Bloomberg…
At the recent General Counsel Conference Midwest 2024 in Chicago, Legal Speak held live on-location discussions with senior in-house counsel from multinational companies based in the United States. Conference participants shared key takeaways and successful approaches for leveraging C-Suite relationships, managing litigation crises, and optimizing resources. One of the conference’s notable guests was Carolyn Burbrink,…