The 2024 proxy season was characterized by a high volume of shareholder proposals submitted to companies, including proposals relating to topical issues such as artificial intelligence (“AI”) and political lobbying and spending. In addition, the number of no-action requests submitted to the Securities and Exchange Commission (the “SEC”) increased compared to 2023. Based on our
Law School Blogs
Lawyers Weekly – Can GenAI outperform Australian law students?
LW write An NSW-based law lecturer recently undertook an experiment, pitting his criminal law cohort against 10 separate AI-generated responses for an end-of-semester exam. The results might surprise you. In the wake of its still-recent explosion into mainstream consciousness, much has been made of the capacity for generative AI (GenAI) to perform the duties of…
Gibson Dunn Offers Securities Litigation 2024 Mid-Year Update
This update provides an overview of the major developments in federal and state securities litigation since our Securities Litigation 2023 Year-End Update. A recent NERA Economic Consulting (NERA) study provides an overview of recent developments in filings. This section highlights several notable trends.
Filing Trends
Figure 1 below reflects the federal filing rates from…
The Law Bytes Podcast, Episode 212: Matt Hatfield on the State of Canadian Digital Policy as Politicians Return from the Summer Recess
Parliament resumes after a summer break today. While digital policies receded into the background over the past few months, the political intrigue of by-elections and a minority government without an NDP deal will be accompanied by questions about what happens to Bill C-63, Canada’s online harms bill, Bill C-27, the privacy and AI reform bill,…
Will Large Language Models Propel Financial Statement Analysis Into a New Era?
Since the introduction of ChatGPT, large language models (LLMs) have completed a variety of tasks with impressive results, from summarizing complex documents to conducting sentiment analysis to extracting relevant information. But are LLMs up to even greater challenges like, say, making informed financial decisions?
In a new paper, we explore whether LLMs can handle financial…
How Board Networks Reinforce Corporate Innovation
In recent years, technological advances and structural shifts have catalyzed a surge in corporate investments in research and development (R&D), intellectual property, and other intangible assets. These developments reflect the growing importance of innovation-driven growth in the modern economy. In this context, R&D investments, by their nature, generate ideas that are “non-rival,” meaning that their…
Wachtell Lipton Offers Summer Takeaways in SEC Enforcement
With the Labor Day holiday now behind us, it is a good time to review the SEC’s active enforcement docket and to look ahead to likely areas of continuing enforcement attention as we head into the fall. The record over the past few months reflects a continuing emphasis on certain major program areas, along with…
The Promise and Perils of Using AI at Law Reviews
The legal world is no stranger to technological advancements, but the surge in artificial intelligence (AI) capabilities has sparked a movement that is reaching even law reviews. Every submission cycle, Scholastica – the largest platform for law-review submissions – releases advice from outgoing student editors, and the latest insights reveal a startling trend: law review…
AI, New Technologies, and Corporate Governance
Business has always had to adapt to new technologies, from the steam engine to the automobile to personal computers. Today, artificial intelligence (AI) and closely related developments like Big Data analytics and machine learning are the technologies transforming business, along with more established advances such as cloud computing and mobile connectivity. Together, these technologies raise…
Skadden Discusses New UK Government’s AI and Cybersecurity Reforms
Last month the new Labour government in the UK announced in the King’s Speech that it will introduce new artificial intelligence (AI) rules alongside cybersecurity and digital information bills. A brief overview of these developments is set out below.
Artificial Intelligencehttps://clsbluesky.law.columbia.edu/wp-admin/post-new.php
To date, the UK has taken a principles-based, “pro-innovation” approach to AI that relied…