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AI: How Lawyers Are Using It And The Challenges Ahead

SEC To Review Compliance With New Data Breach Rule

By Jessica Corso

The U.S. Securities and Exchange Commission announced Monday it will begin examining broker-dealers and investment advisers for compliance with a new rule requiring them to report data breaches to their customers.

AI Use Has Spiked In Tax Agencies Globally, OECD Says

By Natalie Olivo

The use of artificial intelligence has skyrocketed in tax administrations around the world, leading to increased efficiency but also increased risks of data quality issues, according to an Organization for Economic Cooperation and Development report released Monday.

EDF, OpCore Plan $4.6B Data Center To Boost AI In France

By Charlie Innis

French government-owned energy giant EDF and OpCore — a joint venture between telecommunications company Iliad Group and private equity shop InfraVia Capital Partners — plan to redevelop a former power plant in the Paris metropolitan area into a €4 billion ($4.6 billion) data center, they said Monday.

Wolters Kluwer To Buy Legal AI Assistant Biz For €90M

By Dawood Fakhir

Dutch information services giant Wolters Kluwer NV said Friday it will acquire German legal tech company Libra Technology GmbH for up to €90 million ($105 million) to provide products aimed at helping law firms with their research and document analysis.

Legal Tech Giant Harvey And Vocal AI Co. ElevenLabs Partner

By Matt Perez

Legal generative artificial intelligence platform Harvey has announced a new partnership with ElevenLabs, which will see the latter's text-to-speech and speech-to-text software used to deliver multilingual communication for legal professionals.

Buchalter Won't Be Sanctioned For 'Hallucinated' AI Citations

By Rose Krebs

An Oregon federal judge has decided not to sanction Buchalter PC and other counsel representing an environmental nonprofit in a trademark infringement dispute for submitting "hallucinated" case citations generated by an artificial intelligence tool, saying he is satisfied with "remedial actions" already done or to be taken.

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