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News, analysis and expert insights on managing the legal issues presented by evolving AI technology, from machine learning and neural networks to autonomous systems, smart contracts and predictive modeling.
By Cassandre Coyer | February 5, 2024
An update on the legal tech market changes, from product launches to new acquisitions announced during and after Legalweek 2024.
6 minute read
By Jane Wester | February 5, 2024
Plaintiffs argue that OpenAI's large language models "endanger authors' ability to make a living, in that the LLMs allow anyone to generate—automatically and freely (or very cheaply)—texts that they would otherwise pay writers to create."
2 minute read
By Amanda O'Brien | February 5, 2024
Amy Mushahwar has also spent time at Holland & Knight, Reed Smith, Ballard Spahr and Davis Wright Tremaine.
4 minute read
By Zack Needles | Alaina Lancaster | February 5, 2024
Last week, Legal Speak was live on location at Legalweek 2024 in New York City, where we interviewed professionals from across the legal industry about everything from the practical applications of generative AI to the benefits of sharing ideas and advice with both colleagues and competitors.
1 minute read
By Justin Henry | February 5, 2024
Given the cost and technical expertise required to develop large language models, it's not surprising the majority of firms interviewed by The American Lawyer are relying on tech vendors with pre-existing clout in the industry.
10 minute read
By Dan Roe | February 4, 2024
Most law firms aren't feeding client data into generative AI tools, but a handful have begun testing the technology on closed systems with client permission.
6 minute read
By Rhys Dipshan | February 2, 2024
From harnessing AI to supporting ESG and DE&I programs, collecting and being able to interpret data has fast become the foundational building block to the legal market's evolution.
4 minute read
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.
7 minute read
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.
8 minute read
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.
8 minute read
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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/