The Latest

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  CVS settles lawsuit alleging it used AI ‘lie detector’ in interviews

  The settlement is the latest in an ongoing saga of legal scrutiny for AI-based tools in the hiring process.

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  Column

  FTC’s ‘surveillance pricing’ probe is a rare bipartisan effort

  The two Republican-appointed commissioners don’t like the negative gloss of “surveillance” in the name of the probe but see value in studying this growing use of data.

  Emerging Issues

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  How big firms are trying to keep lawyers from burning out

  Resource management efforts seek to match lawyers’ skills with legal matters and divide work more equitably, while treating career development as a crucial DEI element.

  Hiring/Talent

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  Visa CEO ‘strongly’ disagrees with class settlement ruling

  The card network giant expects the parties to negotiate a new settlement following a judge’s rejection of an agreement reached earlier this year. 

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  Deep Dive

  Why in-house counsel and law firms are warming up to litigation funders

  The dispute-financing industry is poised for growth as legal departments seek to evolve their reputation as pure cost centers.

  Lawsuits and Litigation

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  Questions over AI claims likely mean a lawsuit is coming, D&O specialist says

  If investors suspect a company is being disingenuous about its use of the new technology, don’t be surprised if their next step is a securities claim, the head of an insurance intermediary says.

  Lawsuits and Litigation

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  Legal tech firm Clio nabs $3 billion valuation with new funding

  The $900 million injection is a record for cloud-based legal technology, and will enable global expansion, the software maker said.

  Legal Technology

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  Buyers advised not to oversell help to a seller facing earn-out goals

  Even if the promises aren’t formalized in the purchase agreement, they can come back to bite you, attorneys say in an analysis of a contractual case.

  Lawsuits and Litigation

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  Judge deals major blow to SEC’s cybersecurity enforcement stance

  “The decision substantially limits the SEC’s authority to challenge a company’s cybersecurity program,” attorney Mark Schonfeld said.

  Lawsuits and Litigation

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  Challenge to Labor Dept. ESG rule kicked back to lower court

  A U.S. Appeals Court vacated a prior ruling, which relied on the overturned Chevron doctrine, and sent it back to Texas’ Northern District “given the upended legal landscape.”

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  Citi COO intended to deceive OCC, ex-employee says

  In an amended lawsuit, former Citi data executive Kathleen Martin claims Anand Selva suggested twice that she fudge data to the bank’s primary regulator. She declined and lost her job two weeks later, she says.

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  CFPB to apply lending laws to earned wage access companies

  The federal agency weighed in Thursday with a proposed rule to oversee the burgeoning earned wage access industry.

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  Even simple GenAI uses can create efficiencies, legal specialists say

  For basic idea generation, ChatGPT can be useful to the extent its output gets the ball rolling on a matter that would otherwise have taken a lot of time.

  Legal Technology

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  Green Dot execs misled shareholders about declining business, lawsuit says

  A former Green Dot employee alleged Monday that company leaders misrepresented how an important line of business was performing while also knowing about issues that would lead to an expensive Fed consent order.

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  Majority of SEC civil fraud case against SolarWinds dismissed, but core remains

  The court ruling related to claims leading up to and immediately following the 2020 Sunburst supply chain hack.

  Lawsuits and Litigation

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  Lawsuit accuses Patagonia’s customer support of violating privacy rights

  The class-action suit alleged Patagonia failed to disclose that it shares call recordings with third-party vendor Talkdesk for analysis.

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  Companies turn to AI contract tools to reduce external risks

  Executives often overlook the importance of shrewd third-party contracting when managing their risk profiles, according to a legal tech panel.

  Contracts

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  Deep Dive

  What employers can expect following the end of Chevron deference

  For one thing, the U.S. Department of Labor’s regulations may not fare well under federal courts’ scrutiny post-Chevron, a former DOL official told HR Dive.

  Compliance

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  Compliance experts: ‘Start preparing now’ for SEC climate rule, other disclosure regulations

  Despite the SEC rule’s temporary stay, sustainability experts said companies should not wait for the court’s ruling to begin preparing for compliance.

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  Reduced shareholder lawsuit risk doesn’t mean more ESG reporting: study

  The lower risk of being sued means companies don’t need the social credibility that comes with the reports, a study finds.

  Emerging Issues

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  How GCs can use data to demonstrate their teams’ value

  Understanding your legal staff’s work patterns at a more detailed level can offer insights that help change perceptions of legal as purely a cost center.

  Legal Operations

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  Slowing a rise in costs is enough for this legal chief

  The head of a big in-house legal team is waiting to see if his investment in technology and operations staff will give him the results he’s looking for.

  Legal Operations

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  OpenAI NDAs violate whistleblower laws, attorneys tell SEC

  Even if the company has cleaned up its act, its past effort to keep insiders from talking about generative AI risks needs investigating, the attorneys say.

  Emerging Issues

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  UK regulators scrutinize Microsoft’s hiring of Inflection CEO, staff

  An inquiry will assess whether the vendor's move to hire Inflection's leaders and staff impacts market competitiveness.

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  Beastie Boys sue Chili’s parent Brinker over ‘Sabotage’ video

  The rappers contend that the restaurant chain appropriated their 1994 hit and music video for social media use without permission.

  Lawsuits and Litigation

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