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January 06, 2025 | Corporate Counsel

Best Practices for Adopting and Adapting to AI: Mitigating Risk in Light of Increasing Regulatory and Shareholder Scrutiny

Public companies have now started to include AI-specific risk disclosures in their routine SEC filings, and many have issued other public statements about how they utilize AI. The explosion of interest in AI has also spurred the attention of the SEC and private shareholder plaintiffs. In the past year alone, the SEC brought several enforcement actions and shareholder plaintiffs filed numerous securities class actions focusing on AI-related statements and disclosures.
7 minute read
January 06, 2025 | Corporate Counsel

FOMO Run Amok? Resolve of Firms Chasing AI Dreams Tested by Sky-High Costs

“The question now is which investments will deliver lasting value and which ones may fade as AI hype moderates," Goodwin Procter wrote in a client note last week.
4 minute read
January 06, 2025 | The American Lawyer

Sam Butler, Longtime Cravath Presiding Partner, Dies at 94

Butler was Cravath’s presiding partner between 1980 and 1998.
3 minute read
January 06, 2025 | Connecticut Law Tribune

French Rape Case Highlights Need for Vigilance, Education

There is still much work to be done in educating the public about sexual assault and the definition of consent.
5 minute read
January 06, 2025 | The Legal Intelligencer

Are We Ready for AI Mediation?

While AI can make dispute resolution faster, cheaper, and more accessible, we must address key concerns about trust, confidentiality, and bias before fully embracing this technology for mediation.
3 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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January 06, 2025 | Legaltech News

Elite Acquires Payment Platform Tranch to Boost Law Firm Financial Management Capabilities

Tranch provides law firms and other enterprises a variety of payment options to streamline financial management.
2 minute read
January 06, 2025 | The Recorder

Lawsuit alleges Fox Sports ex-host harassed hairstylist and offered her $1.5M for sex

A lawsuit filed in Los Angeles Superior Court alleges a former host at Fox Sports repeatedly harassed a woman who worked as a hairstylist at the network. The suit alleges Fox executives fostered a hostile work environment.
3 minute read
January 06, 2025 | Daily Report Online

Managing Risk in a Risky World in Mediation

By defining the objective, identifying the hazards and attempting to assess the probabilities using the highest and best data available. At mediation, the neutral can assist the well-prepared mediation participants in understanding the consequences of taking on risk.
9 minute read
January 06, 2025 | The Legal Intelligencer

No Pa. Case Has Ever Adjudicated a Claim to Enforce an Environmental Covenant Imposed Under 'Act 2'—Does That Matter?

Act 2 has been on the books since 1995. UECA was adopted in Pennsylvania at the end of 2007. More than a few UECA covenants have been recorded as parts of Act 2 cleanups. Nevertheless, research has not revealed any decision of any Pennsylvania state or federal court or of the Environmental Hearing Board deciding whether a UECA covenant should be enforced or interpreting its terms.
7 minute read
January 06, 2025 | Legaltech News

KPMG Law US Seeks Alternative Business License, Shaking Up Legal Status Quo

The Big Four firm is applying for a license under Arizona rules that allow lawyers and non-lawyers to co-own law firms. 
3 minute read

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