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April 03, 2024 | Corporate Counsel

Meta Transfers AI-Related Patents to Midjourney to Thwart Patent Trolls

"Sharing these assets makes our ecosystem stronger by allowing other operating companies to acquire patents that they can use to protect their innovation," said Jeremiah Chan, Meta's head of patents, licensing and open source.
5 minute read
April 03, 2024 | The Recorder

Meta Transfers AI-Related Patents to Midjourney to Thwart Patent Trolls

"Sharing these assets makes our ecosystem stronger by allowing other operating companies to acquire patents that they can use to protect their innovation," said Jeremiah Chan, Meta's head of patents, licensing and open source.
5 minute read
March 28, 2024 | The American Lawyer

Revenue Rises Again at Sheppard Mullin, Along With Demand in Countercyclical Practices

Marking 32 years straight of higher revenue, rising 6.5% in 2023, Sheppard, Mullin, Richter & Hampton also saw even healthier increases in net income and profits per equity partner.
5 minute read
March 22, 2024 | New York Law Journal

Copyrightability of Works Created with Generative AI and Human Authorship

Creators using generative AI without meaningful human contributions should presume that the resulting content will not be protected by copyright, apart from potential compilation protection. The prospect of Congress legislating in this area in the near- to mid-term future is low.
8 minute read
March 14, 2024 | The Legal Intelligencer

Data Breach: Setting Yourself Up for a Successful Review

Effective planning and communication among the various stakeholders will drive efficiencies, reduce costs, and lead to successful completion of the review.
8 minute read
March 12, 2024 | Legaltech News

Legal Tech Rundown: BCLP Launches AI Bill Tracker, Reveal Expands Its Partner Program, and More

An update on the legal tech market's past few weeks, from product launches to new partnerships.
6 minute read
March 12, 2024 | New Jersey Law Journal

Lawyer-Lobbyist Receipts Continue to Outpace Overall Expenditures on State Lobbying

"My impression, overall, is that the utilization of law firms to take on government affairs projects and clients is increasing, which is really positive," David Pascrell, chair of Gibbons' government and regulatory affairs group, said.
8 minute read
March 12, 2024 | Corporate Counsel

IBM's Soon-to-Depart General Counsel Saw Her Pay Spike 24% in 2023

IBM's compensation committee praised Michelle Browdy's work advancing the company's AI business strategy as well as enhancing its "AI ethics posture."
2 minute read
March 08, 2024 | The Legal Intelligencer

Navigating the AI Frontier: The Crucial Role of Corporate Governance in Artificial Intelligence

While broad governance concepts regarding AI have been the talk of various government agencies and commissions, no sweeping legislation yet exists in the area of AI and none is expected soon. Therefore, businesses using AI must craft and implement their own self-governance policies and procedures that address these risks head-on.
8 minute read
March 06, 2024 | Corporate Counsel

Global Patent Trends Report: Asia Leading the World in Patent Publication

MaxVal recently released its annual report on global patent publication trends which revealed several interesting currents. The resulting data, which spans the past five years, helps unravel the complex tapestry of innovation, technological shifts and the driving forces shaping the intellectual property landscape.
9 minute read

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