Meta, Adobe, and Airbnb warn investors about compliance costs and legal risks under the EU AI Act, which imposes strict regulations on AI systems with hefty fines for violations.
IBM completes its $6.4 billion acquisition of HashiCorp, strengthening its hybrid cloud and AI capabilities. The deal follows regulatory approvals from the FTC and UK's CMA.
KPMG has received approval from the Arizona Supreme Court to establish KPMG Law US, marking the first instance of a Big Four accounting firm practicing law in the United States.
The American Bar Association's Task Force on Law and Artificial Intelligence has released new guidelines to help courts integrate AI while maintaining judicial integrity.
Non-equity partners are reshaping Big Law, with firms like Paul Weiss and Kirkland embracing this model. Bloomberg Law explores its growth, impact, and what it means for the industry.
The NLRB's acting general counsel has withdrawn a memo challenging non-compete agreements, signaling a rollback of federal efforts to regulate such contracts.
AI adoption in legal work has doubled, with 40% of legal professionals using enterprise AI solutions and rising confidence in AI's benefits while job displacement concerns decline.
Legal tech funding in the U.S. is off to a strong start in 2025, with total investments reaching new highs in February, according to Crunchbase data analyzed by Legal.io.
The company appointed Cari Gallman as the new Executive Vice President, GC, and Chief Policy Officer following the impending retirement of veteran Sandra Leung.
