Artificial intelligence (AI) has been one of the most rapidly expanding sectors in recent years, and its global growth shows no sign of slowing. Its development and deployment raise legal issues that do not fit neatly into one traditional bucket. Our firmwide cross-disciplinary AI initiative meets this challenge, advising and supporting businesses currently employing AI and those planning to incorporate technology into their operations and products.
Our AI initiative harnesses the global experience of our lawyers in diverse practices and enables the firm to help clients capitalize on a broad array of technologies and applications, from process optimization, custom controls, and automation to robotics, machine learning, predictive analytics, computer vision, and Internet of Things (IoT) in such areas as smart-cars and autonomous vehicles, home and service robots, unmanned aircraft, and intelligent tutoring and online learning systems.
We counsel a range of clients using or exploring AI technology to enhance their business. They use or invest in drone technology, aerial filming, and data analytics in the education, energy, entertainment and government sectors. We are experienced in both cross-border and national transactions and have managed complex and routine cases covering a wide range of technologies and industries. We are positioned to provide intellectual property (IP) counsel throughout the United States, Europe, United Kingdom, and Asia Pacific.
Our team comprises lawyers from across our global platform, including those in the intellectual property, policy and regulatory, financial services, corporate/M&A, emerging growth, and insurance coverage practices, among others. Additionally, we have a partner who was the former chairman of the U.S. House of Representatives Science Committee, which has jurisdiction over most of the agencies that fund research or help develop standards for technology and AI.
As part of our firm’s commitment to our AI initiatives, we established the K&L Gates Endowment for Ethics and Computational Technologies, a $10 million gift to Carnegie Mellon University to support the study of ethical issues posed by artificial intelligence. The gift created new faculty chairs, a number of doctoral student Presidential Fellowships, and a biennial conference in the area of computational technologies as well as an undergraduate scholarship.
U.S. Department of Justice (DOJ) Deputy Attorney General Lisa Monaco presented a new policy at a Securities Industry and Financial Markets Association event that requires chief compliance officers (CCO) to certify that compliance programs have been “reasonably designed to prevent anti-corruption violations.”
The Victorian Government's proposed Occupational Health and Safety Amendment (Psychological Health) Regulations (Vic) (the Proposed Regulations) are expected to commence on 1 July 2022.
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.
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