How New York Times' Lawsuit Over AI Software Copying Differs From Prior Copyright Complaints
February 01, 2024
The New York Times' copyright infringement lawsuit against OpenAI and Microsoft is said to be AI's "Napster Moment." But observers are torn about the case's legal merits, citing differing views around how exactly AI "Large Language Models" are trained.
Could Mass Tort Bankruptcies Fall Apart in 2024?
February 01, 2024
Mass tort bankruptcies took some big hits in 2023, with two of them dismissed outright, and two more potentially hanging in the balance.
SEC Revises Beneficial Ownership Reporting Rules
February 01, 2024
This article identifies certain information asymmetries in the SEC's beneficial ownership reporting rules, discusses the extent to which those information asymmetries are addressed (or not) under the SEC's recent rule amendments, and considers whether additional rule amendments or SEC guidance continue to be necessary.
All the News That's Fit to Pinch: NYT v. OpenAI Could Be Most Troublesome of AI Copyright Cases
February 01, 2024
The emerging cases by authors and copyright owners challenging various generative AI programs for using copyrighted materials are certain to create new troubles for the courts being asked to apply the fair use doctrine to this important new technology.
Interest Rates Are 2024's Biggest Unknown
February 01, 2024
The Federal Reserve stands at a pivotal juncture as it deliberates on its interest rate policy for 2024. In the wake of tumultuous economic shifts brought about by the pandemic, the Fed faces the delicate task of balancing robust economic recovery against inflationary pressures that appear to be subsiding.
Five Trends that Promise to Impact the Legal Workplace In 2024
February 01, 2024
Talent is the single most valued asset within a law firm. And, the role and influence of talent in law firms is on the rise. How law firms engage with, respond to and anticipate changing talent needs has the power to transform the legal landscape and dictate which firms come out ahead.
SCOTUS Looks for Remedy to Its Bankruptcy Fee Congressional Overstep Ruling
February 01, 2024
The U.S. Supreme Court on January 9 debated the proper remedy for its 2022 ruling that Congress violated the Constitution when it imposed steep bankruptcy fee hikes on large debtors in some districts but not others.
SEC Chief Warns Against 'AI Washing'
February 01, 2024
Artificial intelligence could drive greater efficiency and lower costs in the finance sector but U.S. Securities and Exchange Commission Chair Gary Gensler warned last month about companies potentially making false claims about using the technology, a nefarious practice known as "AI washing."
Pace of Law Firm Leasing Picked Up At End of 2023, But Many Firms Shed Space
February 01, 2024
As Big Law firms push a return to the office, law firms continue downsizing their physical footprints, in line with a trend of fitting lawyers and staff into less space.
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