Legalist closed a $415 million fund dedicated to backing lawsuits, the tech-powered litigation funder said Tuesday.

Kannon Shanmugam, in launching a Big Law Supreme Court practice for the second time in less than a decade, said taking care of clients long before they file an appeal is critical.

Protecting intellectual property has never been easy, but artificial intelligence has turned the practice into a high-tech, complex fight. IP attorneys are at the forefront of this, helping clients secure and preserve the rights over their inventions and ideas when AI tools and models are involved in the creative process.

Private equity investment can accelerate an accounting firm’s growth, but it can’t replace focus, alignment, or execution, Lotis Blue Consulting’s Mark Masson says.

Patrick Morgan’s James O’Dowd says KPMG’s rollout of advanced artificial intelligence agents is the start of something structurally significant: a “K-shaped” reshaping of professional services, in which the top accelerates, the bottom collapses, and the distance between them becomes the competitive question.

As part of a Bloomberg Law Insights series about the tension between intellectual property and artificial intelligence, Venable attorneys discuss why trade secret dissemination may be nearly impossible to undo once confidential information enters an AI model.

Centene Corp.’s first-quarter profit exceeded Wall Street expectations and the company raised its outlook for the year in the latest sign of recovery for a US health insurance sector coming off a terrible year.

The Trump administration’s proposal to consolidate the Labor Department’s remaining contractor antibias functions and some whistleblower enforcement under a new office risks efficiency and practicality issues for the agency, employers, and workers seeking remedies.

As part of a Bloomberg Law Insights series about the tension between intellectual property and artificial intelligence, Venable attorneys discuss why trade secret dissemination may be nearly impossible to undo once confidential information enters an AI model.

As AI use becomes more frequent in the invention of new drugs, it’s important to determine how it affects who’s credited in patentable inventions, say Womble Bond Dickinson’s Ben Bourke, Daniel Kremer, and Susan Krumplitsch.

The most common mistake for law firms regarding geopolitical risk is simple: They don’t see themselves as exposed. They’re highly attuned to client risk but fail to apply that same lens internally, assuming they’re removed from volatility because they’re not the principal actor, writes Shafi Saiduddin from Legalis Intelligence Advisors.

The Trump administration withdrew its pick of Carter Crow, a Norton Rose Fulbright partner, to serve as the EEOC’s top attorney.

The UK tax authority is preparing rules to clarify which financial services firms need to register as tax advisers under a new regulatory regime.

The revised global minimum tax agreement puts EU companies at a competitive disadvantage compared to US firms, a key European parliamentary committee says.

European Union states have committed over €10 billion ($11.7 billion) to shield consumers and businesses as the Iran war drives up energy prices, according to the Bruegel think tank.

In March, Washington state passed the first income tax in the state’s history, a 9.9% levy on personal income exceeding $1 million annually. Washington is one of five states led by a Democratic governor that have increased income taxes on the wealthy in the past five years. Several more are considering following suit.

UK infrastructure developers risk losing out on tax deductions they were counting on for some early-stage project costs after a recent Supreme Court ruling against Danish energy company Orsted.

Private equity investment can accelerate an accounting firm’s growth, but it can’t replace focus, alignment, or execution, Lotis Blue Consulting’s Mark Masson says.

General Motors Co. raised its profit outlook for the year by $500 million, saying its pickups and sport utility vehicles continue to sell even as gasoline prices soar due to the war in Iran.

Retail investors desperate for exposure to companies like SpaceX, OpenAIand Anthropic PBC are manically snapping up shares in a group of funds that have exposure to the hottest names in private markets.

Commonwealth Fusion Systems, a company backed by Bill Gates and venture capitalist John Doerr, is seeking permission to connect what may be the world’s first commercial fusion power plant to the biggest US electric grid.

In March, Washington state passed the first income tax in the state’s history, a 9.9% levy on personal income exceeding $1 million annually. Washington is one of five states led by a Democratic governor that have increased income taxes on the wealthy in the past five years. Several more are considering following suit.

As AI use becomes more frequent in the invention of new drugs, it’s important to determine how it affects who’s credited in patentable inventions, say Womble Bond Dickinson’s Ben Bourke, Daniel Kremer, and Susan Krumplitsch.

The US Supreme Court gave Bayer AG a mixed reception on its bid to stop tens of thousands of lawsuits claiming its Roundup herbicide should have been labeled as a cancer risk.