Browsing: legal

Harvey AI Corp., a provider of artificial intelligence software for attorneys, is reportedly seeking at least $500 million in new funding.

For anti-money laundering (AML) teams, pressure rarely comes from a single direction. Alert volumes continue to climb, sanctions regimes evolve constantly, and regulators expect faster, better-documented decisions — even as compliance teams are asked to do more with the same resources.

Return-to-office mandates are significantly affecting compensation expectations, hiring decisions and perceptions of productivity in law firms, according to a recent study from alternative legal services provider Paragon Legal. (Photo illustration by Sara Wadford/ABA Journal)

On a Monday morning, the shared inbox at a 12-person legal department holds 41 open requests. Nine of them ask whether a supplier’s standard terms are acceptable. Six ask for a nondisclosure agreement. Four ask about a clause the team answered last quarter, and twice the quarter before. The last two involve questions nobody on…

Palo Alto-based law firm Cooley built a platform that intends to help startups make legal decisions without a lawyer. Users can ask it to analyze nondisclosure and contractor agreements, locate proper business forms, and ask legal questions about company documents. Built with legal AI startup Legora…

Bitcoin treasury firm Strategy is facing renewed market and legal pressure after Rosen Law Firm announced an investigation into potential securities claims involving the company and its public disclosures to investors. The investor rights law firm said it is reviewing allegations that Strategy may h…

The new rules of AI marketing: Inside OpenAI’s legal crackdown on automated ads Generative artificial intelligence has officially graduated from a sandbox experiment into a frontline media strategy. In a move that establishes a massive legal precedent for automated marketing, OpenAI has released i…