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September 2024 Developments Under President Biden’s Cybersecurity Executive Order and National Cybersecurity Strategy
This is part of a series of Covington blogs on implementation of Executive Order 14028, “Improving the Nation’s Cybersecurity,” issued by President Biden on May 12, 2021 (the “Cyber EO”). The first blog summarized the Cyber EO’s key provisions and timelines, and the subsequent blogs described the actions taken by various government agencies to implement…
Where Innovation Outpaces Regulation
As investors, entrepreneurs, and engineers supercharge the development of artificial intelligence (AI) to the tune of US$184 billion in 2024, this new era will create both winners and losers. But avoiding the bleeding edge of technology is no easy task, especially where innovation outpaces regulation.Welcome to The Fast Follower’s Guide to Recent AI Law, a…
September 2024 Developments Under President Biden’s AI Executive Order
This is part of an ongoing series of Covington blogs on the implementation of Executive Order No. 14110 on the “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence” (the “AI EO”), issued by President Biden on October 30, 2023. The first blog summarized the AI EO’s key provisions and related Office of Management and…
AI And Illinois Legal Help
AI and Illinois lawyers. Can you use AI for legal research or to represent yourself?…
The Next Frontier for Artificial Intelligence in 2025
This article by Louis Lehot originally appeared on FOLEY on October 04, 2024: The Next Frontier for Artificial Intelligence in 2025Everyone is closely watching developments in the artificial intelligence (AI) space in terms of advancements, regulations, and investment. As we go to print on this post, SoftBank’s Vision Fund has just announced its agreement to…
Putting the “AI” in Compliance—DOJ Updates its Corporate Compliance Program Guidance to Address Emerging AI Risks and Leveraging Data
On Monday, September 23, 2024, the Department of Justice (DOJ), released an update to its Evaluation of Corporate Compliance Programs (ECCP) guidance. The ECCP guidance was last revised in March 2023, which brought a number of significant changes, including a focus on compensation and incentive structures (e.g., clawbacks), and third party messaging applications. This…
Percipient.ai, Inc. v. U.S.: Government Requests Reconsideration of Federal Circuit’s Decision on Bid Protest Jurisdiction and Standing
As previously discussed on this blog, the Federal Circuit issued a major decision in June 2024 addressing bid protest jurisdiction and standing at the Court of Federal Claims (“COFC”): Percipient.ai, Inc. v. United States.
On September 5, 2024, the United States filed a petition for rehearing of that case — requesting that the…
The Outlook for M&A Activity in Q4 2024
This article by Louis Lehot originally appeared on FOLEY on September 26, 2024: The Outlook for M&A Activity in Q4 2024In a highly anticipated move, the Federal Reserve announced an interest rate cut on September 18, reducing rates by 50 basis points to a range of 4.75–5%. This is the first rate cut in four…
Don’t Miss the Fifth Annual Federal Contracts Symposium October 21-22
Join us in Washington, DC for our fifth annual Federal Contracts Symposium October 21 – 22, 2024 at the Willard InterContinental. We have a great lineup this year, featuring insightful panels and strategic networking with industry leaders and government representatives. The Symposium will open with a cocktail reception from 6 – 8 pm on October…