New York Law Journal | Analysis
By Gregory R. Bruno and Alfred W.J. Marks | February 9, 2024
This article discusses the implications of the 'Samuel' case, especially for Surrogate's Court practitioners. As the use of generative AI tools becomes more prevalent, this decision serves as an important reminder of the age-old adage: don't believe everything you read on the internet.
New York Law Journal | Analysis
By Michael P. Robotti and Lauren Engelmyer | February 9, 2024
This article examines Supreme Court precedent requiring a warrant to search a cell phone, and what lawyers should consider when counseling clients on whether they should turn over text messages in response to a government subpoena.
New York Law Journal | Analysis
By David Perla | February 2, 2024
In this article, David Perla of Burford Capital examines how AI is being used and can potentially be used in legal finance—the practice of providing financial resources and funding for litigation and arbitration claims. Specifically, he examines the role of AI in sourcing investments, making investment decisions and predicting outcomes once investments are established.
New York Law Journal | Analysis
By Anna Mercado Clark and Paula P. Plaza | February 2, 2024
This article provides an overview of the EU's Artificial Intelligence Act, a landmark regulation aimed at governing the development and use of AI in EU member states and other countries under specific circumstances. It will also examine the potential impact and interaction of the AI Act with the General Data Protection Regulation (GDPR), among other laws, rules and regulations.
New York Law Journal | Analysis
By Lavinia Calvert, Guy Adams and Sharon Scenna | February 2, 2024
This article discusses the ultimate game-changer to the business of law: rapid developments in artificial intelligence. While AI may threaten the way firms have operated for more than a century, clients the authors of this article speak with are optimistic about the technology and are forcing the conversation.
New York Law Journal | Analysis
By Amy Jane Longo, Isaac Sommers and Emily Cobb | February 2, 2024
From automating and enhancing research, to streamlining the process of document review, and even drafting documents, generative AI holds great potential to transform the legal industry. However, this transformative power comes with its own set of challenges.
New York Law Journal | Analysis
By Kritika Bharadwaj and Colton Kopcik | February 2, 2024
This article evaluates the regulatory trends that address issues of algorithmic data bias and data privacy and security that are inherent to the deployment of GenAI systems in health care.
New York Law Journal | Analysis
By Joseph T. La Ferlita and Nicholas G. Moneta | January 26, 2024
On Dec. 29, 2023, the Office of the Chief Counsel of the IRS released Chief Counsel Advice Memorandum 202352018 (the CCAM). Although some have commented on the CCAM's impact on trust modifications, a further question is what impact, if any, will the CCAM have on trust decantings in New York?
New York Law Journal | Analysis
By Jeffrey A. Galant | January 26, 2024
In the annals of family business succession planning, this article discusses some clever, albeit flawed, attempts to transfer ownership interests in a mature enterprise to family members while avoiding the transfer tax toll.
New York Law Journal | Analysis
By Sharon L. Klein | January 26, 2024
In this article, Sharon L. Klein highlights the top 10 developments, lessons and reminders out of the trusts and estates field from the previous year.
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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/