Emerging Issues: Page 15
-
Appetite for M&A deals is strong, but obstacles remain
The anticipated increase in M&A activity follows a period in which the economic climate has slowed dealmaking and regulators have applied close scrutiny.
By Lyle Moran • June 20, 2023 -
SCOTUS decision could leave more whistleblowers dangling
DOJ can dismiss a False Claims Act suit no matter when it takes over the case, but whether whistleblowers should be allowed to keep bringing cases on behalf of the government is an open question.
By Robert Freedman • June 20, 2023 -
Opinion
How legal professionals should really use generative AI
Generative AI can and will transform your job for the better—eliminating rote work and letting you focus on higher value.
By Gaurav Oberoi and Jessica Nguyen • June 15, 2023 -
Deep Dive
Companies hit back by trying to unmask patent troll funders
Defendants such as Shopify try to use discovery to hammer plaintiffs who rely on financial backers to drive patent infringement lawsuits.
By Robert Freedman • June 13, 2023 -
Issues beyond ChatGPT use were at play in fake cases scandal
Attorney Steven A. Schwartz was not familiar with bankruptcy-related matters and his firm had limited legal research tools available.
By Lyle Moran • June 12, 2023 -
Companies find their names appropriated as text scams mount
Consumers lost $330 million last year to text scams, many of them based on the fraudulent use of company identities, the Federal Trade Commission says.
By Robert Freedman • June 9, 2023 -
FTX’s legal team has its hands full
The bankrupt crypto exchange is fighting court battles on multiple fronts, and former CEO Sam Bankman-Fried’s attorneys say the U.S. government is overdue to supply electronic discovery in its case against him.
By Gabrielle Saulsbery • June 8, 2023 -
Binance court filings shed light on relationship with failed banks, Gensler
The now-SEC chief offered to serve as a Binance advisor in 2019, Binance's legal team alleges. The filing also details billions of the exchange’s dollars funneled through Silvergate and Signature.
By Gabrielle Saulsbery • June 8, 2023 -
Carol Highsmith. (2005). "The Apex Building" [Photo]. Retrieved from Wikimedia Commons.
From FTC to SCOTUS, Amgen’s woes are potential ‘game changers’ for the industry
The two institutional battles offer a glimpse into the tension between pharma innovation and regulation that could reverberate across the industry.
By Michael Gibney • June 6, 2023 -
SEC sues Coinbase as federal crackdown on crypto continues
Coinbase is accused of operating an unregistered national securities exchange, broker and clearing agency. The SEC also took aim at its staking-as-a-service program.
By Gabrielle Saulsbery • June 6, 2023 -
Deep Dive
‘Wave’ of litigation expected as schools fight social media companies
Districts are joining a complaint against Meta, Snapchat, TikTok and YouTube, but some doubt the firms can be blamed for teens’ mental health struggles.
By Kara Arundel • June 1, 2023 -
Federal judge seeks to prevent generative AI mistakes in briefs
The Texas jurist’s mandatory certification regarding AI use highlights that the latest technology can “make stuff up” and introduce bias.
By Lyle Moran • June 1, 2023 -
NLRB joins fight to limit employers’ use of noncompetes
While the labor board GC’s memo has broad reach, attorneys say there are several important caveats for businesses to keep in mind.
By Lyle Moran • May 31, 2023 -
Lawyer cites fake cases generated by ChatGPT in legal brief
The high-profile incident in a federal case highlights the need for lawyers to verify the legal insights generated by AI-powered tools.
By Lyle Moran • May 30, 2023 -
Deep Dive
Payments fraud climbs as banks reach for joint response
Financial institutions and payments players are seeking to coalesce around new efforts to battle skyrocketing payments fraud.
By Lynne Marek • May 30, 2023 -
Fox legal chief said to have misread defamation case
Viet Dinh expected the company to prevail against Dominion on First Amendment grounds even if it had to go to the Supreme Court.
By Robert Freedman • May 30, 2023 -
SCOTUS hands development interests a wetlands win
The court unanimously sided with a household to build a house but a dissent points to concern that a more stringent definition of “waters” under the Clean Water Act could leave too many wetlands at risk.
By Robert Freedman • May 26, 2023 -
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.
By Alexei Alexis • May 25, 2023 -
Lessen the chance WhatsApp brings you down with a readiness assessment
Regulators don’t expect every company’s communication retention policy to look the same, but they want you to have a rationale for the approach you take.
By Robert Freedman • May 25, 2023 -
Louisiana bill would require litigation funding disclosure
If passed, Louisiana would join New Jersey and Wisconsin in targeting the growing use of outside funding.
By Robert Freedman • May 24, 2023 -
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.
By Dan Ennis • May 23, 2023 -
Generative AI is creating advisory work for legal teams
Some in-house departments have created AI working groups and others are helping educate customers about the emerging tech, the legal chiefs at Instacart and GitHub said.
By Lyle Moran • May 23, 2023 -
Opinion
Why 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.
By Johannes (Jan) Scholtes and Geoffrey Vance • May 19, 2023 -
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.
By Kate Tornone • May 18, 2023 -
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, but lawyers must remember it can produce inaccurate information.
By Lyle Moran • May 18, 2023