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AI Legal News

The cases, policies and practice changes influencing how attorneys, in-house teams and agencies approach AI

CEO Cops To Conspiracy In BigLaw Insider Trading Case

By Sydney Price

A Dubai-based CEO and trader has pled guilty in Massachusetts federal court to charges that he worked with a former BigLaw associate and others to carry out a far-reaching insider trading scheme.

AI Notetakers For Doctors Raise 'Bycatching' Liability Risks

By Mark Payne

Busy doctors have embraced AI-powered devices that record patient conversations and generate visit notes. The expansion of ambient notetakers may also be exposing them to unexpected legal risks, including through inadvertent "bycatching" of conversations with sensitive information.

ChatGPT Edits Weren't 'Knowing' Errors, Conn. Justices Told

By Aaron Keller

A GLG Law LLC lawyer who blamed ChatGPT for misquotes and citation errors in three filings told the Connecticut Supreme Court on Tuesday he did not violate an ethics rule requiring candor to the tribunal because his briefs, though inaccurate, contained correct assertions about the law.

Norm Ai Raises $120M Series C At $1.2B Valuation

By Matt Perez

Legal and compliance startup Norm Ai announced Tuesday the raising of $120 million in a Series C funding round that valued the company at $1.2 billion.

How Gibson Dunn Helped SpaceX Pull Off Its $75B Global IPO

By Al Barbarino

When SpaceX completed its record-breaking $75 billion initial public offering last month, the transaction was notable not only for its size — the largest IPO ever — but also for breaking new ground in how public offerings can be structured to reach retail investors around the world.

EU Watchdogs Warn New AI Models Fuel Financial Cyber Risk

By Eddie Beaver

European financial authorities warned Tuesday that the latest generation of artificial intelligence poses "a paradigm shift for cybersecurity" as the technology could enable bad actors to launch faster, cheaper and more sophisticated attacks on the financial market.

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