A New York lawyer cited fake cases generated by ChatGPT in a legal brief filed in federal court and may face sanctions as a result, according to news reports. The incident involving OpenAI’s chatbot ...

Setting limits on employees’ hot-button social media posts Employers have leeway to fire people for what they say on social media but doing so isn’t always the best approach, specialists say.

DOJ’s Visa suit is unfounded The government acknowledges payment volumes are rising, in part because of fintech growth. This competition wouldn’t be happening if a single entity, like Visa, controlled ...

Largest law firms charge nearly $1,000 an hour, report finds The 4.8% rate increase through Q3 2023 was more than triple the bump last year among the Am Law 100, according to a Brightflag report.

Why smart firms are rethinking the billable hour using new AI tools As more legal work is automated, forward-thinking law firms will focus on self-service and new billing methods, the chief revenue ...

Nvidia, OpenAI face YouTube creator lawsuits for using online videos A video creator alleges that the companies scraped his videos, and millions of others, without permission to help train their ...

6 in-house legal trends to watch in 2025 AI adoption and ROI, interstate litigation and increased settlements in M&A approvals are among the topics in-house counsel can expect to feature prominently ...

A senior executive with ContractPodAi discusses how legal AI poses economic benefits for in-house departments and disruption risks for law firm billing models.

SVB had no risk chief through much of 2022, proxy statement shows Last year, Silicon Valley Bank’s risk committee doubled the number of meetings it held, suggesting board-level concern over the bank’s ...

Dive Brief: In the absence of a federal law regulating companies’ use of artificial intelligence, states have stepped in with their own laws, most of them to curb profiling — the use of the technology ...

One in four companies bans GenAI The research by Cisco found that generative artificial intelligence tools are putting many companies’ sensitive data at increased risk of public exposure.

Few mergers emerge unscathed from FTC, DOJ second requests Although antitrust enforcers seek detailed reviews in only a fraction of proposed deals, those transactions that are subject to them are ...