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May 02, 2024 | Law.com

Legal Rushes to Address AI Risk, But Some Efforts Come up Short

Though there is a strong desire to rapidly tap into the benefits of generative AI, it's clear that, at least in the legal industry, there is much more work to do to tame this technology.
7 minute read
May 02, 2024 | Connecticut Law Tribune

High Court Affirms Broader Test for Special Defenses, Counterclaims

The case law "[examining] the contours of the making, validity, or enforcement test" in foreclosure cases is fairly new, according to the Connecticut Supreme Court.
4 minute read
May 02, 2024 | New Jersey Law Journal

Drinks for Everyone: Inside the Mind of a Serial Plaintiff

Since 2020, Omar Khouri has amassed more than $120,000 in claims against telemarketers who call him. In 2022, he used part of the proceeds to buy a bar in his hometown of Winston-Salem, North Carolina, which he named "The Wrong Number." The menu features drinks called "Debt Relief," "Student Loan" and "Car Warranty."
7 minute read
May 02, 2024 | Legaltech News

LTN Startup Spotlight: Clearlaw Founder on Building Customer Trust in Generative AI

Legaltech News caught up with Clearlaw CEO and founder Jordan Ritenour and Chief Revenue Officer Brendan Raybuck to discuss how partnerships have become central to their business—and how they pick the right partners.
8 minute read
May 02, 2024 | Daily Business Review

The Uncertainty in Fla. Circuit Courts Concerning Section 553.84 Causes of Action Against Design Professionals

As most construction litigation practitioners are aware, the vast majority of construction defect cases settle before trial and even those that proceed…
5 minute read
May 02, 2024 | New York Law Journal

Primer on Commercial Real Estate Loan Workouts and Right-Sizing, Part I

Today's commercial real estate market is in distress and has been, across a variety of asset classes, for several years. The reasons are well-known. Less well known is possibly the surest solution in this down cycle. This is a method to right-size commercial real estate loans where the value of the underlying real estate is so much lower than it was only a few years ago.
12 minute read
May 01, 2024 | National Law Journal

Republicans Urge US Banking Agencies to Provide Clarity in Merger Review Process

"Clear expectations and timeliness surrounding merger reviews are critical so banks can make informed decisions about whether to pursue a merger when approval is likely or withdraw an application when it is not," said Rep. Andy Barr, R-Kentucky.
4 minute read
May 01, 2024 | National Law Journal

Judges Hear 1st Challenge to Medicare Drug Price Program to Hit Federal Appeals Court

The challenge to the program seems to be a part of a larger legal strategy to create a circuit split, thus increasing chances of U.S. Supreme Court review, said Andrew Twinamatsiko, director of the Health Policy and the Law Initiative at the O'Neill Institute.
5 minute read
May 01, 2024 | The American Lawyer

Billing Rate Increases, Demand Gains Help Law Firms Double Their Revenue Growth in Q1

Billing rate growth "continues to be the primary contributor to revenue growth," with standard rates increasing 9% in Q1 2024, Wells Fargo said.
4 minute read
May 01, 2024 | New York Law Journal

Our Votes Shape The 'Very Heart of the Democracy': New York Celebrates Law Day 2024

Leaders of the bench and bar discuss civic engagement and what lawyers can do to promote and protect democracy.
4 minute read

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