Legal Tech
Legal technology products, platforms, tools, and vendor/market developments
US Bankruptcy Filings Rose 12% in First Half of 2026
Bankruptcy filings in the US increased 12% through mid-2026, including big rises in business and small business cases.
Senator Sanders Demands AI Industry Pause Development Now
Senator Bernie Sanders urges AI CEOs to halt progress or face legislative action, highlighting rising political pressure on AI safety.
Zuckerberg's 6,500-Word Manifesto Warns Against AI Monopoly Risks
Mark Zuckerberg defends AI innovation and warns that concentrated power in AI is the biggest risk, impacting AI governance debates and legal tech.
Developers Demand Default Security in AI Coding Tools from Anthropic, OpenAI
New research reveals developers want stronger security and privacy by default in AI coding tools like those from Anthropic and OpenAI.
California Eyes $5K Fines for Influencers Skipping Paid Political Disclosures
California proposes legislation to fine content creators up to $5,000 for nondisclosure of paid political posts, increasing compliance duties.
Hawaii Supreme Court Lets Booking.com Challenge Online Booking Tax
The Hawaii Supreme Court ruled that Booking.com can challenge the state's online rental booking tax, a key win for out-of-state defendants and e-commerce law.
OpenAI Pauses Astra AI Model Over Security Flaws Exposed in May
OpenAI halts Astra AI development after internal tests revealed cybersecurity risks, highlighting security challenges for legal AI tools amid growing regulatory focus.
Kalshi Asks Court to Block Iowa Regulation, Citing Federal Preemption
Kalshi moves to stop Iowa regulation, citing exclusive Commodity Exchange Act jurisdiction, impacting fintech legal and regulatory strategies.
E-discovery Cuts Litigation Costs Up to 38%, Speeds Case Resolution
E-discovery consumes up to 35% of litigation budgets; new managed services reduce costs by 38% and limit delays through proportional discovery.
Trump’s 2026 AI Review Framework Copies Biden, Limits Transparency
Trump’s 2026 AI Executive Order sets a voluntary AI review framework with less transparency than Biden’s 2023 plan, raising compliance challenges.
Senate Nears Bill Granting Trump Broad Tariff Powers on Russian Imports
The Lindsey O. Graham Sanctioning Russia Act would give the president authority to impose up to 100% tariffs on Russian energy importers, reshaping US trade law.
Senate GOP Eyes Crypto, Hemp & College Sports Bills Before August Break
Senate Republicans are advancing key crypto, hemp, and college sports bills before August recess, impacting compliance for legal teams.
Meta Invokes Section 230 Immunity in Fake Investment Ad Lawsuit
Meta claims Section 230 immunity in a lawsuit over fake investment ads, amidst growing judicial challenges to online platform protections.
New Fannie Mae, Freddie Mac Lending Rules Take Effect Jan 1, 2026
Fannie Mae and Freddie Mac update lending guidelines with higher loan limits and credit score models, impacting mortgage financing nationwide beginning 2026.
Willkie Partners With OpenAI in Growing Law Firm-Tech Collaborations
Willkie Farr & Gallagher partners with OpenAI to develop AI tools, reflecting a trend of law firms working with tech companies to innovate legal services.
OpenAI Seeks Dismissal of Apple Trade Secrets Lawsuit Citing Security Flaws
OpenAI moves to dismiss Apple's 2026 trade secrets lawsuit, challenging security and offboarding gaps amid employee transfers.
Akerman Names Michael Adler to Lead AI Governance Practice
Akerman LLP appoints Michael Adler, ex-Amazon counsel, to head AI governance amid rising regulatory demands and industry focus on AI risk management.
Christopher Kercher Launches LitiAI, an AI-Driven Litigation Firm
Christopher Kercher launches LitiAI, a litigation firm integrating AI to streamline workflows and improve client outcomes in legal disputes.
Second Circuit Strikes Down NYC Law Forcing Food Apps to Share Customer Data
The Second Circuit ruled NYC's food delivery app data-sharing law unconstitutional over First Amendment concerns, affecting gig economy regulations.
FCA Sets New UK Rules for Transaction Reporting by Late 2026
The FCA finalizes UK transaction reporting reforms harmonizing MiFIR, EMIR, and SFTR regimes, impacting legal and compliance teams.