The Latest
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Louisiana bill would require litigation funding disclosure
If passed, Louisiana would join New Jersey and Wisconsin in targeting the growing use of outside funding.
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C-suite leaders see AI boosting productivity: KPMG
More than 60% said generative AI also could end up encouraging innovation and help create more products and services.
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Generative AI is creating advisory work for legal teams
Some in-house departments have created AI working groups and others are helping to educate customers about the emerging technology, legal chiefs said.
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SEC enforcement not ‘a game of gotcha,’ Grewal says
The SEC will press on with aggressive enforcement while seeking to collaborate with companies under scrutiny, the agency’s enforcement director said.
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Young female employees harassed at multiple San Diego restaurant locations, EEOC alleges
A suit filed May 17 involves nine locations of Swami’s Café and Honey’s Bistro.
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Meta CLO: $1.3B EU data-transfer fine bodes ill for other U.S. companies
The problem the company faces is something that could become widespread if the U.S. and EU can’t come to a privacy agreement.
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First Citizens sues HSBC over departure of SVB bankers
The North Carolina bank accused a former SVB executive of helping HSBC, his new employer, incite a mass migration of talent and trade-secret information.
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Courtesy of Intel
Quick win can boost legal team buy-in of metrics program
Over time, data-based tools can help the GC serve a more valuable executive-team role and save money, Intel’s legal metrics leader says.
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Tonkean launches suite of legal tools powered by generative AI
The products are designed to assist in-house departments with intake and automate common legal processes, such as NDA creation.
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OpinionWhy it’s imperative lawyers adopt a ‘legal copilot’ model with AI
By combining AI and human capabilities, organizations can leverage the strengths of both to improve decision-making and achieve better outcomes.
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Employers can’t cut pay to limit overtime costs, 11th Cir. opinion shows
An employee plausibly alleged his employer used “prohibited arithmetic” to calculate overtime pay, in violation of the FLSA, the appeals court said.
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With generative AI, in-house lawyers will be more business-oriented
Even before this latest technology hit the headlines, the legal function was becoming more of a partner with other departments, Evisort CEO Jerry Ting says.
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Using tech to track all of the in-house legal team’s work
LinkSquares says it can help general counsel measure the legal department's contribution to the broader business by channeling requests into an intake tool.
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How OpenAI’s associate GC is using ChatGPT for legal work
The generative AI chatbot can be a helpful starting point for legal writing and research tasks, said Ashley Pantuliano.
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Ryan Golden/Legal Dive
EEOC issues guide to auditing AI for discrimination
The document cautions employers that they may be responsible for such tools even if designed and administered by a vendor.
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Generating outside counsel savings from disallowed costs
Billing discipline can drop as law firms work on long-term engagements. Using a billing tool with clear guidelines can get that discipline back on track.
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Third party risk management is a key priority for compliance leaders
Many compliance and legal decision-makers also hope to update their technology, particularly in the realm of reporting and dashboarding.
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Ryan Golden/Legal Dive
No end of COVID accommodations from end of public health emergency: EEOC
The agency cautioned employers against revoking COVID-related ADA accommodations without an individualized assessment.
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Industry Dive/Legal Dive, data from ID
New legal tech tools showcased at CLOC 2023
Innovations include a better way to evaluate law firm proposals, centralize all in-house legal requests in a single intake function and analyze contracts.
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Hiring roundup: Workbox names Kristen Benson its first GC
Invariant, iPipeline, Sabre and Cordance also announced new legal department leaders.
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Brian Tucker / BioPharma Dive
FTC sues to block Amgen’s $27.8B deal for Horizon
The regulator’s challenge will test a more expansive view of how pharmaceutical mergers could harm consumers. Amgen remains confident it can complete the deal, however.
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How DocuSign gets the most from its billing guidelines
The legal team OKs exceptions on a case-by-case basis but doesn’t revisit engagement terms for any firm, says the company’s legal ops chief.
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OpinionBalancing generative AI’s benefits for contracts with data privacy risks
When it comes to contract management use cases of generative AI, data privacy looms large. No contract attorney wants to make headlines by disclosing proprietary code.
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Using litigation funding for ESG credit
In-house legal teams are tapping Burford Capital’s Equity Project to finance legal matters and at the same time help their company get ESG credit.
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NDAs are a major point for private markets professionals
The slow negotiation of non-disclosure agreements is negatively impacting the ability of companies to close deals.
