“It has the potential to perpetuate the very best in us and the very worst of us,” Justice Sonia Sotomayor said of artificial intelligence during a law school appearance Thursday. “For every student … do not graduate this institution without learning how to master AI as a tool.”
Continue Reading Justice Sotomayor Says AI Can Be 'Very Dangerous' But Tells Law Students to Master It

The proposal would define stablecoin issuers as financial institutions subject to Bank Secrecy Act anti-money laundering obligations and require issuers to adopt and maintain an effective sanctions compliance program.
Continue Reading Treasury Proposes AML, Sanctions Rules for Stablecoin Issuers

Reg Monitor automatically scans for applicable rule changes and provides users with AI-generated summaries of regulatory updates.
Continue Reading Regulatory Software Company ViClarity Launches AI-Powered Regulation Tracker

Harris Tilevitz recently stepped away from his role as Skadden’s chief AI and technology officer to advise Harvey. He and former Skadden CEO Eric Friedman—now an adviser to Ironclad and Litera—discussed how law firms can balance security and innovation.
Continue Reading Skadden Execs Turned Legal Tech Advisers Talk Navigating Client Tech Demands

Defense attorneys are not losing sleep over ‘Heppner.’ They are sharpening discovery requests.
Continue Reading Your Client Is Talking to ChatGPT About Their Case. After 'Heppner,' That's a Discovery Problem.

The funding will be used to help the startup expand its presence in Asia and provide its AI patent technology to a range of industries including life sciences.
Continue Reading Patlytics Secures $40M in Series B Funding With Contribution From Relativity

Scout is designed to help in-house teams scope work, identify possible outside counsel providers, draft RFPs and evaluate responses.
Continue Reading Outside Counsel Selection Platform Priori Adds Agentic AI Features to RFP Offering

Attorneys weigh in on litigating products liability and wrongful death amid a planned lawsuit against OpenAI over claims ChatGPT provided advice to the alleged Florida State University gunman.
Continue Reading Death Bot? Lawyers Question Privilege and Foreseeability Amid Rising ChatGPT Litigation

Research Suite by Stretto is built to surface and compare bankruptcy documents across jurisdictions and inform case strategy.
Continue Reading Bankruptcy and Restructuring Company Stretto Launches New Research Platform

The startup plans to use the funding to advance its platform’s capabilities and continue to ensure the accuracy of its automation.
Continue Reading Parrot Founder Launches AI Workflow Platform Felix, Raises $1.7M Pre-Seed Round

The landmark verdicts holding Meta and YouTube liable for failure to protect children from the harmful effects of social media could serve as a blueprint for Nippon’s case against OpenAI, some legal observers say.
Continue Reading UPL Claim Against ChatGPT Faces Hurdles, but Social Media Addiction Verdicts May Bolster Liability

Some judges have issued sharp reprimands, while others are still weighing how to balance accountability with evolving technology and modern practice.
Continue Reading 'Figuring Out How to Deal With This': How Are Courts Grappling With Disciplining AI Hallucinations?

“As AI incidents surge and insurers increasingly add AI exclusions to traditional policies, companies face growing exposure to legal, financial and regulatory fallout from algorithmic failures,” said Alissa Lugo, a senior director analyst at Gartner.
Continue Reading Specialty AI Insurance Emerges as Key Tool to Tamp Down Risk