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 ...

How IP attorneys can use AI to boost their careers Both in-house attorneys and outside counsel have reason to embrace generative AI but its impact on their work will be different.

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 ...

Wells Fargo faces lawsuit for alleged sham DEI hiring effort The bank is said to have interviewed diverse candidates for jobs that were already filled or for which they weren’t qualified to polish its ...

Few mergers emerge unscathed from FTC, DOJ second requests Although antitrust enforcers seek detailed reviews in only a fraction of proposed deals, those transactions that are subject to them are ...

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 ...

Amazon, Google sue over fake online reviews The dual complaints in federal court target sellers of fake reviews for retailers and local businesses that market on the web giants.

A private right to action and five-year statute of limitations are fueling a boom in class action lawsuits under the Illinois biometric privacy statute, a law protecting Illinois consumers and ...

DOJ’s Visa suit is unfounded The government acknowledges payment volumes are rising, in part because of fintech growth. This competition wouldn’t be happening if a single entity, like Visa, controlled ...

How companies use in-house legal to boost business Liberty Mutual and Wayfair have leveraged investments by their legal departments to help the company attract and keep more customers.

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.