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Corporate Counsel

SEC 'AI Washing' Crackdown Yields Charges Against Founder of Recruiting Firm

"It is critical for investors to beware of companies exploiting the fanfare around artificial intelligence to raise funds," SEC enforcement division director Gurbir Grewal said.
5 minute read

Legaltech News

AAA Launches ClauseBuilder AI to Simplify Drafting of Arbitration and Mediation Agreements

The new tool, powered by OpenAI's GPT-4o model, offers more than 500 curated clauses intended to streamline the drafting of clear and effective alternative dispute resolution agreements across industries.
3 minute read

New Jersey Law Journal

Calling It Unconstitutional, Companies Sued Over Daniel's Law Want It Struck Down

"[T]the statute imposes 'liquidated damages' triggered by a short and arbitrary compliance deadline, without any consideration of fault or extenuating circumstances," the motion to dismiss states.
5 minute read

Legaltech News

CARET Sells Flagship Product HotDocs to Mitratech

CARET, formerly known as AbacusNext, sees the strategic sale of its HotDocs product to Mitratech as an opportunity to focus on serving the needs of midsize law firms.
2 minute read

Corporate Counsel

Seagate Technology Hires Former Senior Aramark Attorney as Legal Chief

The data storage giant is the third tech company where Jim Lee has been the top lawyer.
2 minute read

Corporate Counsel

Netflix Shareholders Give New Exec Pay Plan Thumb's Up After Panning Prior Version

"It is a positive step, but probably falls under the category of 'too little too late,'" former activist investor Rosanna Landis Weaver said.
4 minute read

The Recorder

Netflix Sued for Copyright Infringement Over Clips in 'You Are What You Eat' Series

A Scottish videographer claims that Netflix and the Oceanic Preservation Society used his still photographs and video clips about open-cage salmon farming in a documentary series.
3 minute read

Legaltech News

The Sedona Conference Mourns the Death of Executive Director Craig Weinlein, 68

Weinlein succeeded founder Richard Braman as Sedona's executive director in 2014, but his involvement dated back to the organization's very beginnings, serving on the faculty of Sedona's first Conference on Patent Litigation in 2000.
4 minute read

Corporate Counsel

In Unredacted Filing, Former Twitter CLO Alleges Musk Bullied Board Ahead of Sale

A newly unredacted copy of a complaint against Musk claims his attorney Alex Spiro threatened Twitter's board on Musk's behalf "stating that Musk would pursue the directors until the end of time and would put into his will that his heirs should do the same if the board did not agree to reduce the deal price" for Twitter.
6 minute read

The Recorder

Coinbase Hit With New Securities Class Action Amid Battle With SEC

A proposed class action, filed by Rosen Law Firm, accuses the crypto exchange company Coinbase of selling unregistered digital asset securities on its platform and failing to register the company as a broker-dealer with the SEC and state regulators.
3 minute read

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