History doesn’t repeat itself, but it does rhyme. While the US has reached deals with Japan, the EU, and other countries, the US-China Trade War is still very much ongoing. The US and China held “constructive” talks on Tuesday in Stockholm, but failed to reach a trade deal. There is now a possibility of US […]
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Half a loaf is better than none, as the saying goes. That’s the lesson companies can take away from the recently-announced US-EU trade deal. While it might be nice to get back to a world of zero or near-zero tariffs, the “Massive Trade Deal” (officially, the “Cooperation Agreement on Reciprocal, Fair and Balanced Trade”) provided
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Why many non-disclosure agreements fail and what you can do about it. “All that plowin’ just to watch the crop wash away.” Not an expression any startup founder wants to hear. You’ve come up with a great business idea. You’ve worked hard to build a product and developed proprietary technology. You’ve even taken the trouble
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What businesses need to know about standard contractual clauses, privacy shields, and legal workarounds. Businesses with cross-border data transfers have had the rug pulled out from under them—again. Following the European Commission (EC)’s approval of the EU–US Privacy Shield (Shield) on July 12, 2016, many companies relied on standard contractual clauses to facilitate storage of
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John Lennon wrote that “life is what happens to you while you’re busy making other plans.” This is the story of many companies’ European Union (EU) digital compliance policies. Just as firms were getting used to GDPR, the EU passed both the Digital Markets Act and Digital Services Act. The Digital Markets Act (DMA) in
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As Bob Dylan said, “the times they are a-changin’.” The United States–Korea Free Trade Agreement (KORUS), finalized in April 2007, was hailed as a hallmark of free trade and globalization. KORUS aimed to eliminate 95% of tariffs between the United States and South Korea within five years of its ratification. The consensus in Washington was that,
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Who is responsible when AI makes a decision? Emerging doctrines and evolving regulatory frameworks. Introduction AI is already seriously shaking up the legal landscape. Given the plethora of contracts on the internet, large language models (LLMs) are particularly well-suited for generating both individual clauses and entire contracts. The ease of finding and generating contract content
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The public sector has a reputation of being behind the curve on new technology. The Department of Government Efficiency (DOGE) was created in part to correct government’s perceived backwardness. Enter AI and legal research. Artificial intelligence (AI) is already transforming legal research in the private sector. Less well understood, however, is how AI will transform
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