AI Startup Unicorns Cerebras and Glean Hire New Legal Chiefs
Cerebras Systems Inc. and Glean Technologies Inc., a pair of prominent startups in the generative artificial intelligence space, have enlisted new human legal executives as they expand operations.
Baker McKenzie acts for sole sponsor and sole overall coordinator and underwriters in BaTeLab’s Global Offering and Hong Kong IPO

Leading global law firm Baker McKenzie advises ZCCM Investments Holdings Plc on its signing of an investment agreement with Abu Dhabi’s mining champion International Resources Holding RSC Limited (IRH) under which IRH commits to invest USD $1.1 billion into Mopani Copper Mines Plc (Mopani), one of Zambia’s most important copper mining operations (the Transaction).
Legal department priorities from TRI annual report

Corporate legal priorities are shifting around the globe. The Thomson Reuters Institute spoke with over 1,500 corporate legal professionals from companies with over $1 billion in global revenue to learn about changing law department priorities and outlooks.
EU tech rules will create clicks, not competition

European Union watchdogs are so frustrated with Big Tech dominance they have turned their traditional approach to regulation on its head.
The BigLaw Firms Using AI LegalTech to Redefine Legal Practices

Allen & Overy and other biglaw firms are using AI LegalTech Tools and related law technology tools to push a technological revolution in the legal profession that will transform how legal services are prepared and delivered.
The Times Sues OpenAI and Microsoft Over A.I. Use of Copyrighted Work

Millions of articles from The New York Times were used to train chatbots that now compete with it, the lawsuit said.
Allen & Overy advises Edmond de Rothschild on a strategic agreement with Apex Group

Allen & Overy has advised Edmond de Rothschild on the sale of their third party asset servicing activities based in Luxembourg to Apex Group Ltd, a global financial services provider.
5 Opportunities In Legal Tech For Innovative Startups
The legal tech landscape is experiencing unprecedented growth, with the global legal tech market measured at USD 24.62 Billion in 2022 according to Spherical Insights & Consulting. Thanks to the disruptive analytical, predictive, and generative power of AI in informationally complex fields such as law, this number is very likely to grow exponentially in the next decade.
Disney announces Horacio Gutierrez as Chief Legal Officer

Walt Disney Co. extended the employment agreement of its top lawyer, Horacio Gutierrez, two years after hiring him away from Spotify Technology SA.
Nearly 90% of in-house lawyers are dissatisfied with their jobs, survey finds

A growing percentage of in-house attorneys also are seeking new roles, including at law firms, according to a report from legal talent provider Axiom.