Features

AI Trainers Exposed to ‘Deeply Unsettling’ Content File Suit for Unsafe Working Conditions
Contract workers who say they suffered severe psychological harm by being exposed to “deeply unsettling” and traumatic scenarios used to train generative artificial intelligence models filed a class action complaint on January 17 against three Bay Area firms for alleged negligence and unsafe working conditions.
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In-House Lawyers Are Focused on Employment and Cybersecurity Disputes, But Looking Out for Conflict Over AI
Employment and labor and cybersecurity, data protection and data privacy remain top of mind for in-house lawyers focused on litigation. Still, there’s mounting concern about the threat of large damages verdicts.
Features

Trump Looks to Sell Fed Offices to Private Sector While Demanding Full RTO
The Trump administration wants to sell two-thirds of the government’s office stock to the private sector. The actions could have a significant impact on the DC property market. Many landlords depend on the government as an anchor tenant. If the space is suddenly cut loose, it could fall in value and leave owners without many options.
Columns & Departments
Players On the Move
A look at moves among attorneys, law firms, companies and other players in entertainment law.
Features

Third Circuit Orders SEC to Clarify How Securities Regs Apply to Digital Assets
In a 72-page opinion, the U.S. Court of Appeals for the Third Circuit directed the Securities and Exchange Commission (SEC) to clarify for Coinbase Global Inc. “how and when the federal securities laws apply to digital assets” like cryptocurrencies and tokens.
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Amazon-Backed AI Company Agrees to ‘Guardrails’ On Using Copyrighted Lyrics to Train Claude AI Product
Music publishers have reached a partial agreement with Anthropic that requires the Amazon-backed artificial intelligence company to implement “guardrails” around its use of copyrighted song lyrics to train its flagship product, Claude.
Features

New York Bankruptcy Judge Allows Case Against Crypto CEO to Move Forward
U.S. Bankruptcy Judge Martin Glenn of the U.S. District Court for the Southern District of New York ruled that a lawsuit, in which the plaintiff alleged that Alex Mashinsky, the founder and ex-CEO of Celsius Network, caused the insolvent crypto lender to incur billions of dollars in damages, can move forward because the terms of the agreement to stay stated that it would be lifted when the litigant’s criminal trial ended.
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Growth of ‘Income Partners’ Complicates Setting Pay for Nonequity Partners
Often, pay for nonequity partners can approach or overlap with compensation of senior associates, counsel as well as some equity partners, firm leaders and consultants say. The increasingly blurry pay lines between the lawyer ranks are causing some conflicts.
Features

Five Critical Talent Trends and How They Will Impact the Future of the Law Firm
A confluence of macroeconomic forces — including generative AI adoption, political shifts and evolving generational expectations — are intersecting with industry-specific dynamics like changing leverage models, consolidation, and record-high compensation levels. These combined trends are reshaping the legal workplace and redefining the types of opportunities and demands firms will face in 2025 and beyond.
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MLF BONUS CONTENT: Marketing Predictions and Trends In 2025
Our friends at Edge Marketing are ending the year by sharing their predictions for 2025. From the continued evolution of generative AI and its many uses to an increase in multimedia and hypertargeting, these are some of the key factors that will guide legal marketing strategies in the new year.
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- Private Equity Valuation: A Significant DecisionInsiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.Read More ›
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