I am not familiar with the 404 Media podcast, but their feature 18 Lawyers Caught Using AI Explain Why They Did It is worth a read. We have certainly well past that time where perhaps judges were unfamiliar with the AI and would give early adopting lawyers some benefit of the doubt for errors. But
Administrative
Order Up – The First FASCSA Order Has Been Issued by ODNI
The wait is over – on September 18, 2025, almost 2 years after implementing the Interim Rule, the Office of the Director of National Intelligence (“ODNI”) issued a Federal Acquisition Supply Chain Security Act (“FASCSA”) order to remove and exclude products and services from Acronis AG, a Swiss cybersecurity and data protection company. Although the…
The Artificial Intelligence Agenda from Capitol Hill to State Capitals: Where We Are and Where We Are (Probably) Going
Click here to register for Crowell & Moring’s webinar on the shifting landscape of AI governance and regulation. Following the release of the White House’s “America’s AI Action Plan” in July 2025 and the President’s signing of related Executive Orders, the White House has emphasized (at least rhetorically) a preference for innovation, adoption, and deregulation.…
En Banc Decision in Percipient.ai, Inc. v. United States: Federal Circuit Holds That Only Actual or Prospective Bidders or Offerors Have Bid Protest Standing Under Tucker Act
This blog previously covered the Federal Circuit’s decision in Percipient.ai, Inc. v. United States, which addressed bid protest jurisdiction and standing at the Court of Federal Claims (“COFC”), and seemed to potentially open the door to a new category of protests. Now, in an en banc ruling, the Federal Circuit vacated that decision and reached…
Signals of TEDAI San Francisco & Foley & Lardner LLP

✨ Fueling the Next Wave: From First Raise to Secondaries and Exits💡 Conversation 2: For Investors & OperatorsGain perspective from leading funds backing the next wave of AI innovation — plus insights on secondary markets and exits.Featuring• Lu Zhang — Founder & Managing Partner, Fusion Fund• Sharon S. Huang — Vice President, Tau Ventures• Praveen Akkiraju — Managing Director, Insight Partners👉 Moderated by Louis Lehot, Partner,…
Fueling the Next Wave of AI: From First Raise to Secondaries and Exits

Next week, on September 17th, Foley & Lardner LLP is proud to be co-hosting the next Signals of TEDAI salon in partnership with Obvious Ventures and Canopy! Our theme? — “Fueling the Next Wave: From First Raise, to Secondaries and Exits.”This intimate gathering will bring together founders building AI-native companies, investors fueling the next wave of innovation, and…
Value Billing in an Age of Artificial Intelligence
The September 2025 issue of ABA Law Practice Magazine has a finance theme. Mark Robertson and I wrote the lead story for it, Value Billing in an Age of Artificial Intelligence. Since AI specifically, and office automation tools generally, impact many aspects of the future of billing for legal services, I’m going to immodestly…
Next Signals of TEDAI SF: Capital Raising, Secondaries & Exits

Excited to be co-hosting the next Signals of TEDAI salon in partnership with Obvious Ventures and Canopy on September 17th!Our theme this time around is: “Fueling the Next Wave: From First Raise, to Secondaries and Exits.”This intimate gathering will bring together founders building AI-native companies, investors fueling the next wave of innovation, and operators scaling teams…
Business & Legal Developments | September 2025

Friends,In last month’s newsletter, we explored how recent policy shifts and strategic market activity were beginning to restore momentum across the venture landscape, offering early signs of recovery in the innovation economy.This month, we examine two forces testing the boundaries of venture capital (VC): the fundraising challenges facing emerging managers and the growing enthusiasm…
State AG News: Consumer Protection, Fraud, AI August 14-20, 2025
Each week, Crowell & Moring’s State Attorneys General team highlights significant actions that State AGs have taken. See our State Attorneys General page for more insights. Below are the updates from August 14-20, 2025:
Illinois
- Attorney General Raoul filed a lawsuit to prevent unlawful federal funding cuts that threaten Illinois’ state energy programs. The litigation
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