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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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Articles

The march to regulatory change for artificial intelligence: the commonalities between the EU and US (Eversheds Sutherland)

By Eversheds Sutherland

The EU AI Act is hotly anticipated as being a benchmark AI law that other jurisdictions might look towards when developing their own laws (much like GDPR has become a standard upon which some other countries’ own laws are based). First, much like the GDPR in terms of impact, the EU AI Act will have an extra-territorial scope, extending to providers and users of AI outside the EU where the output is used in the EU. Secondly, the Act does lay down fixed penalties for certain infringements of the Act, the highest fine being 30,000,000 EUR or 6% of a company’s total worldwide annual turnover (3% in the case of an SME or start-up) for non-compliance with the prohibitions of AI practices.

Articles

Retraining the Acquisition Model: How to Approach the Risks and Rewards of Deals With Artificial Intelligence Targets

By Natasha Allen, David W. Kantaros, Shabbi S. Khan, Avi B. Ginsberg, Graham P. MacEwan

In recent years, companies specializing in artificial intelligence (AI) technologies have been increasingly coveted acquisition targets. Foley & Lardner have provided insight into the AI field transforming our approaches to key issues. Accordingly, it is no surprise that AI has emerged as a prime sector for M&A activity. This guide helps breakdown how to approach risks and rewards in dealing with the rising importance of Artificial Intelligence.

Articles

Potential Pitfalls and Best Practices In Using AI Tools to Generate Code

By Dr. Christian E. Mammen, Fabio E. Marino, Daniel M. Grigore

Artificial Intelligence (AI) has become an even hotter topic since the introduction of generative AI tools like ChatGPT, a chatbot developed by OpenAI, as well as tools like Copilot and OpenAI Codex, which use generative AI to write computer code. This resource from Womble Bond Dickinson discusses the best practices in using Artificial Intelligence to generate code. 

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ACC Legal Operations Privacy Capability Maturity Model

By Contoural Inc.

This Privacy Capability Maturity Model provides a detailed maturity model for all aspects of an organization’s privacy program, including its use of Artificial Intelligence (AI) and Machine Learning (ML) using personal information.

It seeks to gauge program capability across a variety of program elements, taking a “big picture” view on an organization’s readiness to comply with these requirements.

Articles

Legal Issues in the Metaverse (CMS)

By Dóra Petrányi, Partner, CEE Managing Director, Global Co-Head of the Technology, Media and Communications Group, CMS; Katalin Horváth, Senior Counsel, CMS; Márton Domokos, Co-ordinator of the CEE Data Protection Practice, CMNO, CMS

Learn about the metaverse and related legal issues.

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