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Crypto exchange Gemini Space Station Inc., led by the Winklevoss brothers, paid its now former chief legal officer $29.8 million in 2025, the same year it completed its initial public offering, compared to under $1.3 million in 2024, according to a new securities filing.
McDermott Will & Schulte announced Friday the firm has scaled up its restructuring practice with a new partner based in New York, who has come aboard from Ropes & Gray LLP.
Insights on 2026 law firm performance and BigLaw firm efforts to expand practice offerings made this another action-packed week for the legal industry. Test your legal news savvy here with Law360 Pulse's weekly quiz.
President Donald Trump is drawing from a pool of his own personal lawyers to fill some seats on the federal bench — a change in strategy from his first term that some experts say is unremarkable, but that others worry will undermine the legitimacy of the courts.
Six attorneys from Polsinelli PC have moved their consumer financial services practices to Hinshaw & Culbertson LLP, where they're helping the firm's clients in New York, Texas and Florida.
Mitchell Silberberg & Knupp LLP announced Wednesday that an experienced attorney who formerly worked at the National Labor Relations Board has joined the firm's New York office as a partner from Paul Hastings LLP.
Priya R. Aiyar, chief legal officer at Warner Bros. Discovery Inc., earned total compensation of nearly $23.3 million in 2025, her first year on the job as she helped the company prepare its upcoming split, according to a securities filing late Thursday.
Smith Gambrell & Russell LLP has hired three corporate partners in New York from Archer & Greiner PC who have worked together for more than a decade at their own boutique restructuring firm and in private practice.
An active April saw several law firms around the country expand their footprints into new markets and move their teams into new spaces.
The New York State Energy Research and Development Authority announced during a board meeting on Wednesday that it has tapped the deputy counsel for the Office of the New York State Comptroller to serve as its next general counsel.
Mound Cotton Wollan & Greengrass LLP selected CS Disco as its preferred provider for e-discovery technology, the mid-sized law firm confirmed exclusively to Law360 Pulse on Thursday.
A former New York tax preparer and insurance agent pled guilty to running a real estate Ponzi scheme that lasted more than three decades and allowed him to steal more than $50 million from nearly 1,000 investors, the state office of the attorney general announced Tuesday.
BigLaw firms had a strong first quarter of 2026, driven by ever-increasing billing rates and higher-than-expected demand for legal services, according to survey results released Wednesday.
A New York federal judge on Wednesday denied a bid from Nadine Menendez for bail while she appeals her conviction on a bribery scheme carried out with her ex-senator husband, ruling that her motion doesn't raise a substantial question of law.
In a splintered ruling Wednesday, the full Second Circuit refused to rehear President Donald Trump's appeal challenging an $83.3 million verdict for defaming writer E. Jean Carroll in his response to her sexual abuse allegations.
The former executive vice president and general counsel of Sphere Entertainment Inc. was paid $2.2 million in separation benefits in 2025, according to a Tuesday filing with the U.S. Securities and Exchange Commission.
Fenwick & West LLP announced Wednesday it has welcomed a team of five attorneys from Winston & Strawn LLP, saying their additions "[deepen] Fenwick's patent litigation work across telecommunications, hardware, software, and semiconductors."
Former BigLaw attorneys who are now practicing at boutiques are grateful for their experiences at those large law companies, but they are finding a small law arrangement gives them more control over their practices.
Law firm policies on in-office work are in flux and often require reading between the lines of office culture and leader preferences in order to fully comply, a reality that's driving a high degree of frustration in the industry, according to recruiters who work with lateral associate candidates.
The chief legal officer of IAC Inc. is stepping down as Chairman and Senior Executive Barry Diller shakes up the company with a name change, a merger into People Inc., employee layoffs, and a new focus on its publishing business and its investment in MGM Resorts International.
Nadine Menendez dug into her bid for bail while she appeals her conviction on a bribery scheme carried out with her ex-politician husband, telling a New York federal court that prosecutors refuse to own up to their handling of the "forced withdrawal" of her counsel.
New York investment company Cohen & Steers said its longtime general counsel will step down in the first quarter of next year after a 40-year career in the financial services industry.
Herbert Smith Freehills Kramer LLP on Tuesday announced the appointment of a partner who has been with the firm for over two decades as its new managing partner of digital legal delivery, its alternative legal services practice.
Former Manhattan federal prosecutor Maurene Comey can move forward with her lawsuit alleging that President Donald Trump's administration fired her because she is the daughter of ex-FBI director and Trump's perceived enemy James B. Comey, a federal judge ruled Tuesday.
A new study supports what some legal industry experts have been saying for months — an AI-driven legal operating model is taking over the contract management industry and has begun giving companies a real return on their investment.
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.
Not only can effective mentorship have a profound impact on women and people of color entering the legal field, but it also benefits mentors and the legal profession as a whole, creating a true win-win situation for all involved, says Natasha Cortes at Grossman Roth.
Generative AI applications like ChatGPT are unlikely to ever replace attorneys for a variety of practical reasons — but given their practice-enhancing capabilities, lawyers who fail to leverage these tools may be rendered obsolete, says Eran Kahana at Maslon.
The U.S. Patent and Trademark Office's recent elimination of a rule that partially counted pro bono work toward continuing legal education highlights the importance of volunteer work in intellectual property practice and its ties to CLE, and puts a valuable tool for hands-on attorney education in the hands of the states, say Lisa Holubar and Ariel Katz at Irwin.
Recommendations recently issued by a special committee of the Florida Bar represent a realistic, pragmatic approach to increasing the accessibility and affordability of legal services, at a time when the disconnect between the legal profession and the public at large has widened considerably, says Gary Lesser, president of the Florida Bar.
To assist Texas lawyers in effectively executing their duties, we should be working on succession planning, attorney wellness, and increasing understanding of the grievance system by both bar members and the public, says Laura Gibson, president of the State Bar of Texas.
Marjorie Peerce and Peter Jaslow at Ballard Spahr discuss the challenges of building a new law firm practice group from the ground up, and how sustained commitment, communication and collaboration are the key ingredients for success.
Series
Ask A Mentor: How Do I Relay Shortcomings To Associates?
Michael Cohen at Duane Morris discusses the best ways to articulate how an associate is not meeting expectations, and why documentation of performance management is crucial for their growth and protecting the firm from discrimination suits.
Several forces are reshaping partners’ expectations about profit-sharing, and as compensation structures evolve in response, firms should keep certain fundamentals in mind to build a successful partner reward system, say Michael Roch at MHPR Advisors and Ray D'Cruz at Performance Leader.
The legal profession faces challenges that urgently demand new solutions, and lawyers and firms can address this by leaning on other industries that have more experience practicing, teaching and incorporating innovation into their core business and service models, says Jennifer Leonard at the University of Pennsylvania.
The Americans with Disabilities Act and rules of professional conduct may help the legal profession promote lawyer well-being by focusing on mental conditions' actual impact, rather than on associated stereotypes, says Alex Long at the University of Tennessee College of Law.