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October 19, 2023 | Legaltech News

Decoding AI Audits: A Guide to Breadth and Depth

A key aspect of governance is determining the appropriate breadth (scope) and depth (detail) of an AI audit. This involves deciding which areas, functions, or components of an AI system to examine and the level of detail or thoroughness with which each area should be assessed.
9 minute read
October 18, 2023 | Legaltech News

With Legal Tech Blockchain Experimentation, US Is Lagging Behind

Blockchain technology could speed up some legal processes and update older financial systems. However, an NYSBA panel noted that some regulatory compliance regimes might be too rigid to accommodate the novel technology.
4 minute read
October 18, 2023 | Legaltech News

Navigating the Pros and Cons of AI Audits in the Legal Sector

Integrating AI into legal processes raises concerns about appropriateness, transparency, and compliance with laws and regulations. AI audits assess AI systems against specific standards to address these concerns.
8 minute read
October 17, 2023 | Legaltech News

Building Trust in Legal AI Systems Through Audits

As more sophisticated AI systems integrate into legal practices, the need for oversight grows to ensure these systems operate fairly and transparently and comply with all relevant laws and regulations. This is where AI audits come into play.
7 minute read
October 02, 2023 | New York Law Journal

Rising Star: Randall Adams

Randall T. Adams is a partner at Schulte Roth & Zabel. He focuses his practice on commercial and business disputes, shareholder activism litigation and securities class actions.
2 minute read
September 28, 2023 | Legaltech News

The New Frontier: AI in Arbitral Decision Making

As AI technology evolves at a rapid pace, so do the opportunities that it will present to substitute human decision-making. As we approach this threshold, we must carefully consider and determine whether the lack of a human element in decision-making is acceptable to all those involved and whether AI might undermine trust in the process.
6 minute read
September 25, 2023 | New York Law Journal

Crypto, the SEC and a Tale of Two Judges

What if you had been waiting years to get judicial clarity on a legal issue, only to receive contradictory rulings from two different judges in the same court just weeks apart? This ironic outcome is what befell the crypto industry in two high-profile challenges to SEC enforcement actions regarding sales of crypto tokens.
22 minute read
September 21, 2023 | Legaltech News

Generative AI Captured Lawyers' Attention. But What Ever Happened to Blockchain?

While blockchain-related law firm practices are still expanding, blockchain may have lost some of its development potential in the eyes of some lawyers.
4 minute read
September 21, 2023 | Litigation Daily

Preparing a Positive Message About DeFi for Judges and Juries

Baker McKenzie's Bradford Newman says with U.S. courts acting as de facto regulators on issues relating to decentralized finance, or DeFi, defense lawyers need to gear their approach to telling the industry's story to judges and juries.
10 minute read
September 18, 2023 | New York Law Journal

New York Financial Regulator Aims to Bolster Criteria for Coin-Listing, Delisting

Department of Financial Services Superintendent Adrienne A. Harris said the guidance would make clear the regulator's expectations of entities in the cryptocurrency space.
3 minute read

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