What Legal Learned About Gen AI This Year: The Morning Minute
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December 08, 2023 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
MACHINE LEARNINGS - First, generative AI was exciting, then it was frightening, now it's a little bit of both—but there's evidence that we're getting beyond the hype. It was a roller coaster year for technology and innovation, but, as Law.com's Stephanie Wilkins writes in this week's Barometer newsletter, the legal industry has come out on the other end wiser for the experience and ready to embrace generative AI in a thoughtful, meaningful way to improve the profession. And we're only just getting started. "Much of the past year's developments were dominated by OpenAI, but now there are a number of competitors who are catching up and are poised to create significant disruption," Wilkins writes. "And with the recent release of Google's long-anticipated Gemini AI model, the game will potentially be turned on its head yet again."
GUILTY BY ASSOCIATION? - Companies that use social media influencers to review their products or services felt the heat when the FTC issued revised compliance guidelines for endorsements. But, as Law.com's Chris O'Malley reports, there are now at least 50 more regulators ready to smash that "Dislike" button on companies and their influencers. "I would expect [state attorneys general] to generally take the position that their unfair and deceptive acts and practices laws already prohibit influencers from misrepresenting the reasons they are promoting a product," said Paul Singer, a partner at Kelley Drye & Warren. "Moreover, states are increasingly signaling a renewed focus on fake reviews and testimonials," said Singer, former chief of the Consumer Protection Division of the Texas Office of Attorney General.
ON THE RADAR - Ooredoo Group, Mobile Telecommunications Co. KSPC and TASC Towers Holding announced a $2.2 billion partnership Tuesday in a deal guided by a bevy of law firms. Doha, Qatar-based Ooredoo Group was advised by DLA Piper partners Mike Conradi, Ehab Elsonbaty, Ben Forgiel-Jenkins, Michael Hazzard and Duncan Pickering. Mobile Telecommunications, which is based in Kuwait City, was represented by Herbert Smith Freehills; and Norton Rose Fulbright. Shearman & Sterling counseled Digital Infrastructure Assets. Stay up on the latest state and federal litigation, as well as the latest corporate deals, with Law.com Radar.
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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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