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US lawmakers demand federal probe into ties between China and consulting firm McKinsey

JURIST

They raised serious concerns about McKinsey’s ties to the Chinese government and state-owned enterprises and questioned whether the firm should continue to be eligible for Department of Defense contracts. This push for scrutiny comes as McKinsey is reportedly restructuring its operations in China to minimize potential risks.

Contract 211
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How Smart Contracts are Changing Legal Contracts

LawTechnologyToday

While a world free of lawyers will most likely never come to fruition (to many parties’ chagrin), new technology in the form of smart contracts is changing how legal matters are drafted. This data then informs the automated terms of a contract by posting results and accompanying proof to the blocks.

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Generative AI Versus Agentic AI: Navigating The AI Frontier For In-House Counsel

Above The Law

Imagine drafting a contract and, instead of starting from scratch, a tool like ChatGPT generates a well-structured template in seconds. Generative AI might generate a flawed contract template or plagiarize a snippet of code, and accountability is typically straightforward. Agentic AI, on the other hand, raises thornier issues.

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Time to Seek an Alternative Career?

The Estrin Report

Alternative Careers Requiring a Legal Background These roles capitalize on your specific legal expertise, making the most of your education and experience in the field. Alternative Careers Requiring a Legal Background These roles capitalize on your specific legal expertise, making the most of your education and experience in the field.

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Russia Duma tightens domestic economic controls to support war operations

JURIST

Russia’s State Duma Wednesday adopted two bills that would allow the government to introduce “special measures in the economic sphere” to support Russia’s ongoing invasion of Ukraine, including mandating businesses to carry out assigned government contracts. ” .

Contract 196
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LegalOn Expands from Contract Review to Drafting with Addition of 100+ Lawyer-Drafted Contract Templates

LawSites

LegalOn , a company that was already one of Japan’s largest providers of AI contract review technology when it launched into the U.S. Even for companies that already have their own collections of contract templates, LegalOn’s templates address nuances that their own may not, Lewis said. ”

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Agents Vs. Agentic AI: What In-House Counsel Need To Know About These 2 AI Frontiers

Above The Law

While both terms describe AI applications, their distinctions are critical when crafting governance, compliance, and liability strategies. Actionable Steps For In-House Counsel To effectively manage AIs legal and ethical challenges, consider the following: Develop Tailored Contracts. Implement Governance Policies.

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