Key Takeaways Proprietary legal data is a valuable AI asset—but only after refinement. Law firms and legal functions maintain deep reserves of precedents, work product, and institutional knowledge, but raw legal data is often duplicative, outdated, client-specific, or otherwise unsuitable for direct AI use. Human legal judgment is the critical ingredient that turns legal data into trusted AI inputs. AI…
On July 16, 2026, the Federal Reserve Board, the Federal Deposit Insurance Corporation (“FDIC”) and the Office of the Comptroller of the Currency (“OCC”) issued a joint statement and press release announcing a new, coordinated approach to handling highly sensitive information during examinations of supervised banks (the “Joint Statement”). This is a welcome step, as financial services institutions seek greater…
If cybersecurity professionals have been dreaming of “hacking back” and going after the cybercriminals, a new program may appear to offer the solution. It might even feel like a throwback to old western movies where the sheriff slaps a badge on members of the general public and deputizes them. But the devil is in the details, and those details may…
Debevoise & Plimpton LLP was featured in Bloomberg Law for its approach to developing client-facing AI tools, highlighting the firm’s Suite of Tools for Assessing AI Risk (STAAR) and its strategy for leveraging curated legal knowledge to help clients navigate the rapidly evolving AI landscape. Read the article here. The article examines how Debevoise is building AI platforms that provide…
On 2 August 2026, the third major wave of requirements under the EU AI Act (the “Act”) entered into force. For many businesses, the most relevant changes fall into two key areas: (1) the AI transparency requirements under Article 50; and (2) the Act’s now-operational market surveillance and regulatory enforcement regime. This wave of requirements is, however, narrower than originally…