By Maydeen Merino | March 28, 2024
"As access to advanced AI tools becomes more widespread, it is likely that, at least initially, cyberthreat actors utilizing emerging AI tools will have the advantage," the department reported.
By Isha Marathe | March 28, 2024
Vendor supply chains are some of the biggest cybersecurity risks for law firms, and are all too often neglected.
By Rhys Dipshan | March 28, 2024
With AI Data Pipeline, Onna is aiming to make it easier for corporate legal teams to use retrieval augmented generation, a process that can reduce the amount of errors a LLM makes.
By Cassandre Coyer | March 28, 2024
The U.S.' lead with generative AI models and the EU's broad regulation of the technology may eventually set the stage for two potentially different AI markets.
By Isha Marathe | March 28, 2024
Reed Smith is expanding its Innovation Lab and Intelligence Center of Excellence. Firm CINO David Cunningham said the venture involves new hires, outside-the-box thinking and fewer inter-departmental communication gaps.
By D. Casey Flaherty, LexFusion | March 28, 2024
Generative AI will not eliminate lawyers, but will increase the demand for lawyers who are well-trained to work with these systems. The question is: How do law firms adequately provide that training when traditional methods no longer cut it in a modern world?
Corporate Counsel | Expert Opinion
By Catherine J. Moynihan | March 28, 2024
GCs operating in today's competitive and challenged business environment must keep on top of AI developments and be able to report to their boards on whether and how GenAI and other cutting-edge technologies can help the legal department improve its contribution to the business.
By Jane Wester | March 28, 2024
Bankman-Fried, 32, was also ordered to forfeit more than $11 billion. His attorneys at Mukasey Young, led by Marc Mukasey, have said he will appeal.
By D. Casey Flaherty, LexFusion | March 28, 2024
At a time when the rise of generative AI has the profession questioning if new lawyers are doomed to be underprepared, the inaugural ABA Business Law Section M&A Committee National Invitational proved otherwise, at least with respect to negotiation.
By Maydeen Merino | March 28, 2024
Agencies must publish an annual list of their AI systems, an assessment of the risks those systems may pose and how the risks are being managed. Agencies must also designate a chief AI officer to oversee their AI usage.
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/