Legal Tech
Legal technology products, platforms, tools, and vendor/market developments
ASIC, Global Regulators Crack Down on Unlawful 'Finfluencers'
ASIC and 16 global regulators launch a coordinated crackdown on unlawful financial influencers, signaling tougher enforcement for financial firms and advisers worldwide.
FTC, Maryland AG Secure $75M Refunds in Lindsay Auto Group Settlement
FTC and Maryland AG secure settlement with Lindsay Automotive Group: $75M in consumer refunds and a $3.1M penalty over deceptive car pricing and add-on fees.
Roundup Preemption Fight Takes New Turn After Loper Bright Ruling
A novel legal approach emerges in the Roundup litigation as courts grapple with federal preemption following the Supreme Court's decision ending Chevron deference.
OpenAI and Microsoft Unveil Next-Gen AI Agents for Legal Workflows
OpenAI and Microsoft launched new AI workspace and hosted agents, accelerating automation in legal tech and corporate workflows. Here’s how these tools reshape legal operations.
Fifth Circuit Considers If Spin-Off Share Swaps Are 'Sales' Under SEC Rules
The Fifth Circuit reviews whether exchanging shares in a corporate spin-off counts as a 'sale' under the Securities Act of 1933—a decision that could reshape compliance in restructurings.
FTC: $2.1B Lost to Social Media Scams in 2025, Up 8x Since 2020
FTC data reveals U.S. consumers lost $2.1 billion to social media scams in 2025—a surge highlighting urgent regulatory and compliance risks on platforms like Facebook and Instagram.
CFTC Files First Insider Trading Case Over Crypto Prediction Market
CFTC and DOJ charge U.S. Army sergeant with insider trading on Polymarket, marking the first case involving prediction markets, classified intelligence, and crypto.
Legal Discovery Zeroes In on AI Prompts as Courts Compel Production
US courts are requiring production of AI prompt logs in litigation, raising new challenges for legal discovery and privilege strategies as AI outputs are treated as ESI.
Law Firms Face Ethics Tests as AI Filing Errors Trigger Sanctions
Law firms are under scrutiny as AI-driven filing errors lead to sanctions and fines, raising new ethical challenges for attorneys. Experts warn traditional rules are harder to follow with AI.
Clio Adds SEC Filing Search to Vincent AI for Corporate Legal Teams
Clio integrates SEC EDGAR filings into its Vincent AI platform, offering law firms new tools for corporate legal research. The update broadens access to 30+ years of searchable disclosures.
Manhattan Judge Denies Comedy Club's Bid to Block Allegation Posts
A Manhattan judge denied an injunction to stop social media claims of assault and discrimination at Rodney's Comedy Club, reinforcing strong First Amendment protections.
Maine Governor Vetoes Bill on Automatic Criminal Record Sealing
Governor Janet Mills vetoed L.D. 1911, halting Maine’s proposed automatic sealing of some criminal records and underscoring policy and legal concerns that matter for reform advocates.
NYC Proposes 'Click-to-Cancel' Mandate for Subscription Services
NYC's proposed 'Click-to-Cancel' rule would require businesses to offer simple cancellation for subscriptions, mirroring ease of signup and adding local enforcement.
Ninth Circuit Ruling Heightens FCA Risks for Mortgage Lenders
The latest Ninth Circuit decisions in Thrower v. Academy Mortgage highlight increased FCA liability risks for mortgage lenders and set precedents on fee awards and postjudgment interest.
Kuwaiti Court Acquits US-Kuwaiti Journalist Ahmed Shihab-Eldin After 52 Days
Kuwait acquits US-Kuwaiti journalist Ahmed Shihab-Eldin after 52 days in detention, spotlighting press freedom risks tied to new national security laws.
FAR Council Rolls Out New Contractor DEI Restrictions for Federal Contracts
Federal contractors face new compliance obligations as the FAR Council implements Executive Order 14398, requiring strict limits on DEI practices and reporting requirements.
Ex-KPMG Tech Chief Ushers in AI Automation at Three Points Law
Usman Wahid, former KPMG tech legal head, joins Three Points Law as partner and launches AI automation. The move signals Big Four digital expertise driving law firm innovation.
FCA Targets IPO Information Flow in New Consultation Paper
The FCA's CP26/14 proposes changes to UK IPO information disclosure, raising new compliance duties for law firms and capital markets teams. Legal advisors must review evolving FCA rules.
SEC Halves Minimum Tender Offer Period for Certain Equity Deals
The SEC now allows some equity tender offers to close after 10, not 20, business days. The change accelerates transaction timelines and impacts deal structuring for legal professionals.
DOJ Ethics Rule Faces State AG Pushback; California Ups Attorney Standards
DOJ’s bid to limit state bar oversight of federal lawyers faces opposition from 22 attorneys general, as California introduces new rules on attorney oaths, endorsements, and AI sanctions.