News
Legal and legal technology news, distilled daily.
Fried Frank Launches FundAssist AI for Asset Management Tasks
Fried Frank debuts FundAssist, a proprietary AI platform using OpenAI models to streamline asset management with client-specific tools and secure cloud deployment.
FDIC Proposes AML and Sanctions Rules for Stablecoin Issuers
FDIC sets new anti-money laundering and sanctions compliance standards for stablecoin issuers, impacting fintech and crypto compliance teams.
Google Engineer Charged with $1.2M Insider Trading via Prediction Market
DOJ and CFTC charge Google software engineer Michele Spagnuolo with insider trading on Polymarket, marking key regulatory enforcement in prediction markets.
Supreme Court Expands Arbitration Exemption to More Transportation Workers
The Supreme Court clarified that FAA arbitration exemptions include transportation workers even outside traditional transport firms, impacting employment disputes.
Class Action Challenges Boulder Police's Use of Flock Cameras for Warrantless Tracking
Two Boulder residents sue city over use of 31 Flock Safety cameras for warrantless surveillance shared with immigration authorities, raising privacy concerns.
Sports Influencer Marves Fairley Pleads Guilty to NCAA Bribery Scheme
Marves Fairley admitted to bribing NCAA basketball players to fix games in late 2022 to early 2023, highlighting compliance risks in sports betting.
Mexico’s Antimonopoly Commission Unveils Draft 2026-2030 Enforcement Plan
Mexico's National Antimonopoly Commission releases a draft institutional program focusing on priority sectors for antitrust enforcement from 2026 to 2030.
Amnesty Flags Unlawful Data Scraping by Big Tech for AI Training
Amnesty International reports major tech firms use unlawful data scraping violating privacy for generative AI training, raising legal and regulatory concerns.
Law Firm MSOs Boost Efficiency and Access to Investment Capital
MSOs help law firms streamline operations and access investment while complying with ethical rules, reshaping legal business models for growth.
DOJ Probes E. Jean Carroll for Alleged Perjury on Funding Statements
DOJ investigates E. Jean Carroll for alleged perjury regarding third-party funding in deposition, raising legal ethics and accountability concerns.
Supreme Court to Review Alabama's Controversial GOP-Backed Map
Alabama appeals to Supreme Court over redistricting map accused of diluting Black votes, with major Voting Rights Act implications.
Judge Nichols Lets Trump Order on Mail-In Voting Restrictions Stand
Judge Nichols declined to block Trump's 2026 executive order restricting mail-in voting, affecting election law litigation and compliance risks.
France Repeals 'Code Noir' Slavery Law After 341 Years
On May 28, 2026, France formally repealed the centuries-old 'Code Noir' slavery law, addressing its colonial legacy with symbolic impact.
Supreme Court Strikes Down Racial Bias in Mississippi Jury Selection
The Supreme Court ruled 5-4 for Terry Pitchford, ending racial discrimination in Mississippi jury picks and setting a key precedent.
R&W Insurance Strengthens M&A Deals but Demands Skilled Legal Oversight
Representations and warranties insurance boosts M&A deal security by shifting risks to insurers, but legal expertise is essential for effective use.
New Jersey Finalizes ABC Test Rules for Worker Status from Oct 2026
New Jersey's Department of Labor adopts clear ABC test regulations effective Oct 1, 2026, redefining employee vs. contractor classification.
Ramaphosa Challenges Farmgate Panel Report in Western Cape Court
South African President Ramaphosa files court challenge disputing Farmgate scandal report, affecting impeachment and constitutional law.
US CEO Confidence Drops to Lowest Since Early 2025, Impacting Legal Budgets
US CEO Confidence Index falls sharply in Q2 2026, signaling potential cuts in legal spending and changes in compliance priorities for corporate legal teams.
Federal Judge Upholds Free Speech in International Student Visa Case
A federal judge allows Stanford Daily lawsuit to proceed, protecting free speech for international students facing visa revocation or deportation.
Canada’s Bill C-22 Faces Strong Pushback Over Privacy Concerns
Canada's Bill C-22 sparks opposition from Privacy Commissioner and tech giants over encryption and data retention demands, shaping global privacy debates.