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

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 ...

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 ...

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.

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 ...

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.

Judge in ChatGPT case most troubled by attorneys’ lack of candor The lawyers might have been able to avoid Rule 11 sanctions if they had quickly admitted to a federal judge that one of them used the ...

SCOTUS finds transportation workers exempt from Federal Arbitration Act By refusing to compel arbitration for drivers in Bissonnette v. LePage Bakeries, the Supreme Court clarified that job duties are ...

Tesla board will return more than $900M in shareholder settlement A Delaware court approved the deal to settle a complaint accusing the automaker’s directors of overpaying themselves for several years ...

JD Vance’s regulatory romance with the Biden FTC Antitrust policy has split Republicans philosophically, leaving executives curious how a second Trump term might affect the commission’s approach.

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 ...

The fintech CEO who is becoming a frequent flier with SpaceX On Jared Isaacman’s second trip to space, the billionaire plans to become the first private spacewalker. Shift4 investors will need to ...