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September 07, 2023 | Law.com

Forget ChatGPT—Law Firms Are Launching Their Own Gen AI Chatbots

What a growing number of law firms have realized is that they can safely allow their lawyers to experiment with the underlying generative AI models—so long as it is through their own proprietary chatbots.
9 minute read
September 07, 2023 | Connecticut Law Tribune

Readers' Poll Results: Law Firm Pros Expect More Layoffs, but Caution Against 'Overcorrecting'

"Firm is saying we have too much headcount, but we all know this is to ensure partner comp remains unaffected," one respondent said.
6 minute read
September 07, 2023 | The Legal Intelligencer

Second Circuit Finds Syndicated Loan Notes Are Not Securities

The court affirmed the U.S. District Court for the Southern District of New York's decision that notes issued from the syndicated loan transaction were not securities under the application of the test set forth in the U.S. Supreme Court's decision in Reves v. Ernst & Young.
8 minute read
September 06, 2023 | Legaltech News

For Law Firms, Launching Generative AI Chatbots Requires More Than Just Novel Technology

Several law firms have consulted with their insurance providers and updated their trainings and policies to support launching generative AI powered chatbots internally. But it is still early days, and more changes may be needed ahead.
5 minute read
September 05, 2023 | Law.com

Readers' Poll Results: Lawyers and Staff Foresee More Law Firm Layoffs, but Caution Against 'Overcorrecting'

"Firm is saying we have too much headcount, but we all know this is to ensure partner comp remains unaffected," one respondent said.
6 minute read
September 05, 2023 | Daily Report Online

On the Move: Greenberg Expands Atlanta IP Practice; Taylor English Partner Heads to Townsend & Lockett

Trenton Ward's addition to the Atlanta office is part of "our ongoing vision" of building the IP practice across Greenberg Traurig, said the chair of the Atlanta IP and technology practice.
5 minute read
September 01, 2023 | Legaltech News

5 Ways Legal Is Mitigating Generative AI Risks

As some of the risks of using generative AI have come to light, legal tech providers and law firms are accessing and using the technology in new ways.
1 minute read
August 29, 2023 | National Law Journal

EPA Narrows 'Waters of the US' Definition to Align With Supreme Court Decision

"This is going to result in the narrowest Clean Water Act jurisdiction in at least 30 years," said environmental law attorney Jeffrey Porter.
4 minute read
August 28, 2023 | The Legal Intelligencer

Continued Challenges Arising From SPAC-Related Litigation

Recent decisions by the Delaware Court of Chancery demonstrate that when a SPAC transaction and the disclosures surrounding it are challenged, defendants may face an uphill battle to prevail on a motion to dismiss, especially where breach of fiduciary duty claims have been asserted.
7 minute read
August 23, 2023 | Legaltech News

Troutman Pepper Rolls Out Proprietary Gen AI Chatbot 'Athena' With Painstaking Care

With its new chatbot Athena, powered by OpenAI's GPT-3.5, the firm is drawing an unequivocal line when it comes to certain use cases—and keeping a watchful eye.
3 minute read

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