New York Law Journal | Analysis
By Michael P. Robotti and Lauren Engelmyer | February 9, 2024
This article examines Supreme Court precedent requiring a warrant to search a cell phone, and what lawyers should consider when counseling clients on whether they should turn over text messages in response to a government subpoena.
New York Law Journal | Analysis
By David Perla | February 2, 2024
In this article, David Perla of Burford Capital examines how AI is being used and can potentially be used in legal finance—the practice of providing financial resources and funding for litigation and arbitration claims. Specifically, he examines the role of AI in sourcing investments, making investment decisions and predicting outcomes once investments are established.
New York Law Journal | Analysis
By Anna Mercado Clark and Paula P. Plaza | February 2, 2024
This article provides an overview of the EU's Artificial Intelligence Act, a landmark regulation aimed at governing the development and use of AI in EU member states and other countries under specific circumstances. It will also examine the potential impact and interaction of the AI Act with the General Data Protection Regulation (GDPR), among other laws, rules and regulations.
New York Law Journal | Analysis
By Lavinia Calvert, Guy Adams and Sharon Scenna | February 2, 2024
This article discusses the ultimate game-changer to the business of law: rapid developments in artificial intelligence. While AI may threaten the way firms have operated for more than a century, clients the authors of this article speak with are optimistic about the technology and are forcing the conversation.
New York Law Journal | Analysis
By Amy Jane Longo, Isaac Sommers and Emily Cobb | February 2, 2024
From automating and enhancing research, to streamlining the process of document review, and even drafting documents, generative AI holds great potential to transform the legal industry. However, this transformative power comes with its own set of challenges.
New York Law Journal | Analysis
By Kritika Bharadwaj and Colton Kopcik | February 2, 2024
This article evaluates the regulatory trends that address issues of algorithmic data bias and data privacy and security that are inherent to the deployment of GenAI systems in health care.
New York Law Journal | Analysis
By Joseph T. La Ferlita and Nicholas G. Moneta | January 26, 2024
On Dec. 29, 2023, the Office of the Chief Counsel of the IRS released Chief Counsel Advice Memorandum 202352018 (the CCAM). Although some have commented on the CCAM's impact on trust modifications, a further question is what impact, if any, will the CCAM have on trust decantings in New York?
New York Law Journal | Analysis
By Jeffrey A. Galant | January 26, 2024
In the annals of family business succession planning, this article discusses some clever, albeit flawed, attempts to transfer ownership interests in a mature enterprise to family members while avoiding the transfer tax toll.
New York Law Journal | Analysis
By Sharon L. Klein | January 26, 2024
In this article, Sharon L. Klein highlights the top 10 developments, lessons and reminders out of the trusts and estates field from the previous year.
New York Law Journal | Analysis
By Juliya L. Ismailov | January 26, 2024
This article discusses the background of the Corporate Transparency Act, its legislative framework and definitions, and—specific to the trusts and estates arena—what issues might arise with respect to reporting an ownership interest held in a trust.
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