Artificial intelligence (AI), large language models, and generative AI stand at the forefront of a new frontier, pushing the boundaries of what is possible in technology and innovation. The AI and generative AI revolution continues to accelerate, and its global growth shows no sign of slowing. It is fundamentally changing the way businesses operate, and its development and deployment raise complex global legal and business issues. As our clients navigate this new frontier, we provide timely, practical, and comprehensive advice in the adoption/licensure of an artificial intelligence solution and the implementation of its use internally for operations or externally for client interactions.
AI and generative AI will impact a number of legal regulations that currently exist and are expected to be enacted shortly. Further, AI and generative AI will stretch the boundaries of environmental, social, and governance thinking. We see a number of laws and regulations immediately being impacted by AI and generative AI including those relating to data privacy, security, intellectual property, financial services, employment, antitrust, and consumer protection. We have skilled lawyers in all of these areas who are ready to assist clients in navigating this game-changing technology.
As a firm, we are uniquely positioned to assist clients worldwide as we have seen this coming for some time now. We have been at the forefront of cutting-edge developments surrounding AI having endowed the K&L Gates Professor of Ethics and Computational Technologies at Carnegie Mellon University in 2016. We have advised and provided legal services to clients in this space for a number of years and count some of the current industry leaders in generative AI as our valued clients. Further, with one of the largest and most respected public policy practices globally, we have the experience needed to shape the law and its practical application.
As AI technologies continue to evolve, laws and strategies will be implemented by governments around the world to address ethical and legal considerations. This series page is designed to keep you informed. Here, you will find the latest alerts, webinars, and other tools to help you stay abreast of these developments. No matter where you are across the globe, our team of lawyers and policy professionals can help. Visit this page regularly for new and updated information or SUBSCRIBE to our email list to receive the latest updates.
On 28 June 2024, the US Supreme Court in Loper Bright Enterprises v. Raimondo overturned the 40-year-old Chevron doctrine, which required courts to defer to federal agencies’ reasonable interpretations of ambiguous statues.
On 22 December 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments (the final rule) to Rule 206(4)-1 under the Investment Advisers Act of 1940 (the Advisers Act) to modernize the regulation of investment adviser advertising and solicitation practices.
While most of the attention surrounding the Supreme Court’s (the Court) decision in Loper Bright v. Raimondo (Loper), overturning the longstanding Chevron doctrine, has focused on the increased potential for successful challenges against agency actions, the decision will impact all stages of the public policy lifecycle—legislation, regulation, and only then litigation.
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