ALM teamed up with AI legal experts at McDermott Will & Emery to create a comprehensive treatise on all things AI and the law, covering the gamut of legal areas that AI touches, from the history of AI to its impact on intellectual property, employment law, data privacy, ethics, contracts, torts, risk mitigation, as well as gather all of the U.S. federal and state laws on AI as well as international laws and industry standards in one place.
Ai Law and Business
Artificial intelligence (AI) has been in the public eye since November 2022 when OpenAI made ChatGPT available. Since then, AI has advanced from party tricks to tools capable of acing professional exams and assisting with sophisticated knowledge work.
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The Copyright Royalty Board (CRB), which works under the umbrella of the Librarian of Congress, sets statutory-license royalty terms and rates. The U.S. Courts of Appeals for the D.C. Circuit recently issued two notable decisions about the CRB.
As quantum machines become more powerful, today’s uncrackable encryption schemes may become trivial to break. Opinions vary as to how soon that moment, so-called “Q Day,” will arrive, but the threat is real.
How do you communicate when you know the harm before you know its cause? For law firms, it comes up both when advising a client and when explaining an incident of their own.
The gap between what a firm bills and what it collects is not a collections failure. It is a design flaw in how the whole revenue cycle is wired, and clients armed with AI are now exploiting it faster than firms can respond.
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