Top Stories
Internal GC Hires Rebounded in '24, but Companies Still Drawn to Outside Candidates
Fortune 500 firms filled 68 legal chief openings and opted for an outside candidates 51% of the time, the recruiting firm BarkerGilmore reported.
Regulatory
See More StoriesCompliance With EU AI Act Lags Behind as First Provisions Take Effect
Despite organizations only just beginning to perform AI assessments, experts predict a slow ramp-up for enforcement of the EU AI Act's first provisions.
Moves
See More StoriesAdvance Auto Parts Hires GC Who Climbed From Bottom to Top of Lowe's Legal Department
Advance CEO Shane O'Kelly said that Jeff Vining's "experience in supporting successful business transformations and driving efficiencies is critical for the success of our strategic action plan."
Tech Industry
See More StoriesMicrosoft Becomes Latest Tech Company to Face Claims of Stealing Marketing Commissions From Influencers
Microsoft has been hit with at least three class actions in Washington federal court, becoming the latest tech company—after fintech giant PayPal and credit card company Capital One Financial—to field claims it stole marketing commissions from online influencers via its shopping browser extension.
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Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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Instant Insights
A National Conversation on Racism: the Legal Profession's Role in Driving Equality
March 08, 2023
To Improve DEI Outcomes, Firms Must Address Pitches and Work Allocation, Consultants Say
"We can't just be focused on events and activities, and we can't just be focused on changing hearts and minds," said Alexis Robertson, director of diversity, equity and inclusion at Foley & Lardner. "It has to be more of a systems-focused approach."
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Women, Influence & Power in Law (WIPL)
See More Stories'The Unheard of Superpower': How Women's Soft Skills Can Drive Success in Negotiations
"Sometimes, I find that men are very focused on, 'What is the win, and how do I win?' And I think women are focused on, 'How do I win, but how do I get there in a different way?'" said Deborah Solmor, general counsel of Gateway Foundation.
Surveys
See More StoriesLaw School Applications are Up Across the Country. Law Deans Aren't Sure Why
Several observers pointed to social factors, such as the 2024 election and a deepening appreciation for how law can impact everyday life; others highlighted changes to the LSAT as a contributing factor, and still others pointed to rising associate pay promising financial security to Gen Z applicants.
