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What can legal learn from medical when it comes to ethical AI?

Open Law Lab

Are you interested in learning more about ethical AI in healthcare, and how it might be used in other fields like legal services? Check out these upcoming events and online courses: There is a new Coursera course, Evaluations of AI Applications in Healthcare : [link] This starts on Jan.

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HSR Transactions Reach 218 in August 2024: What It Means for eDiscovery

Complex Discovery

This growth in M&A activity points to an increasing demand for legal services, particularly in compliance, regulatory reviews, and eDiscovery. As transaction volumes rise, so does the complexity of deal-making, requiring more sophisticated document management and regulatory solutions to meet the demands of legal scrutiny.

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5 Best Cities for Attorneys to Join or Start a Practice

Lawmatics

Here are some of the most compelling reasons why selecting the right city is incredibly important: Opportunities For Specialization The market for legal services varies greatly depending on where you are. Some locations boast plenty of opportunities for your legal sector, while others may be more limited.

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Understanding September and October Economic Reports: M&A and eDiscovery Impacts

Complex Discovery

These tools help legal teams manage data efficiently during mergers, second requests, and other regulatory investigations. Sector-Specific Readiness : Industries with high M&A activity—such as healthcare, technology, and finance—are likely to face ongoing scrutiny.

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How to Prepare a 1099 for Attorney Fees and Settlements

MyCase

Research and consulting fees: Payments to individuals or firms for research or consulting services connected to legal cases. This includes payments such as rent, royalties, prizes, awards, and certain types of medical and healthcare payments. This also applies to LLCs that have elected to be taxed as S Corporations.

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July 2024 HSR Transactions: What GDP Growth and Economic Trends Mean for eDiscovery

Complex Discovery

Higher consumer spending generally leads to increased corporate revenues, which can boost legal budgets and, by extension, eDiscovery investments. Legal departments may need to adopt more cost-effective strategies, such as optimizing workflows and negotiating better vendor terms, to manage rising costs.

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AI Oversight in Virginia: Understanding the High-Risk AI Developer and Deployer Act

Complex Discovery

If signed into law, HB 2094 would introduce stringent requirements for AI system developers and deployers, aiming to mitigate algorithmic discrimination and enhance transparency in sectors such as employment, finance, healthcare, and legal services.