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When Efficiency Meets the Duty to Verify: Reflections on The Verification-Value Paradox Image

When Efficiency Meets the Duty to Verify: Reflections on The Verification-Value Paradox

Leigh Vickery

The Verification-Value Paradox states that increases in efficiency from AI use “will be met by a correspondingly greater imperative to manually verify” the outputs. The result is that the net value of AI in many legal contexts may be negligible once verification is honestly accounted for. For low-stakes tasks, verification costs are light. For core legal work, verification costs are heavy. That’s the tension.

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The Business of Legal Spend: How Finance Professionals Can Drive Smarter Outside Counsel Management Image

The Business of Legal Spend: How Finance Professionals Can Drive Smarter Outside Counsel Management

Suzanne Ganier

Legal spend has become a core business issue that now shapes financial planning, operational decision making and risk management. What once lived primarily in the legal department has become a shared responsibility across client legal, finance, and operations teams and their outside counsel.

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“Shadow AI”: The Hidden AI You Already Have Image

“Shadow AI”: The Hidden AI You Already Have

Robert Padilla

Many law firm leaders insist that artificial intelligence has no place in their businesses; however, common applications employed daily may be using AI without them knowing. This phenomenon, often referred to as “shadow AI,” highlights a growing risk for firms that have yet to develop comprehensive governance strategies for artificial intelligence.

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DOJ and SEC Cross-Border Priorities Require Increased Vigilance for Multinational Organizations and Their Advisors Image

DOJ and SEC Cross-Border Priorities Require Increased Vigilance for Multinational Organizations and Their Advisors

Jonathan New & Patrick Campbell & Alaina Ciccone

Both federal agencies are aligning their enforcement priorities with the Administration’s foreign policy goals, signaling heightened scrutiny of cross-border misconduct and increased compliance expectations for multinational organizations and their auditors and advisers.

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Fifth Circuit Trashes Bankruptcy Jurisdictional Overreach Image

Fifth Circuit Trashes Bankruptcy Jurisdictional Overreach

Michael L. Cook

Sanchez shows the limits of bankruptcy jurisdiction in concrete terms. In the court’s hard-hitting analysis, the decision should at least convince bankruptcy courts to avoid hearing most post-confirmation and unrelated third-party disputes.

Features

Courts Carve Out Boundaries for What Are Viable Legal Claims Under Federal Digital Music Statutes Image

Courts Carve Out Boundaries for What Are Viable Legal Claims Under Federal Digital Music Statutes

Stan Soocher

There are two key federally created entities whose mission it is to issue licenses and collect royalties on behalf of rights holders for digital transmissions of music: SoundExchange and the Mechanical Licensing Collective (MLC). This article reports on recent court rulings over whether the plaintiffs had viable causes of action related to SoundExchange and MLC royalty payments.

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Disney-OpenAI’s Sora Deal Signals for IP, Licensing and Responsible AI Image

Disney-OpenAI’s Sora Deal Signals for IP, Licensing and Responsible AI

Reber “Mitch” Boult & Joshua Rojas

For rights holders, platforms and brands, the Disney-Open AI licensing deal illustrates an emerging blueprint for commercializing iconic IP in AI-native formats while attempting to manage legal, regulatory, and reputational risk.

Features

Court of Appeals Rules on 'Good Guy' Guarantees Image

Court of Appeals Rules on 'Good Guy' Guarantees

Thomas C. Lambert & Steven Shackman

The Court of Appeals reversed a line of lower court cases which had upended the expectations of innumerable contracting parties who bargained for limited “good guy” guaranties.

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The Expansion of Expensing Depreciable Property Under the OBBBA Image

The Expansion of Expensing Depreciable Property Under the OBBBA

Ezra Dyckman & Charles S. Nelson

The so-called One Big Beautiful Bill Act made a number of significant changes to the tax law. Among these was the expansion of rules governing the upfront expensing of certain depreciable property. While the changes are largely favorable to taxpayers, there are several potential traps for the unwary.

Features

"Shadow AI": The Hidden AI Already In Your Law Firm Image

"Shadow AI": The Hidden AI Already In Your Law Firm

Robert Padilla

“Shadow AI” highlights a growing risk for firms that have yet to develop comprehensive governance strategies for artificial intelligence. In today’s rapidly evolving digital landscape, the question is not whether AI is present in your organization, but whether it is being managed responsibly.

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