Practices

President Trump Orders Temporary Halt on Enforcement of U.S. Foreign Bribery Laws, Stirring Debate on Global Business Practices

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WASHINGTON — In a significant shift in U.S. policy, President Donald Trump this week issued an executive order to temporarily halt enforcement of the Foreign Corrupt Practices Act (FCPA), a law that has been instrumental in fighting corruption globally by prohibiting American firms and their foreign affiliates from bribing foreign officials to gain business advantages. Critics of the FCPA, including Trump, have argued that the law impedes U.S. businesses by putting them at a disadvantage in international markets where bribery is often seen as a customary practice. During the signing at the Oval Office, Trump … Read more

Missouri Supreme Court Reviews Legal Fee Practices, Evaluates Attorney Discipline in Bifurcation Cases

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JEFFERSON CITY, Mo. — The Missouri Supreme Court recently scrutinized the practices of two attorneys who partnered with an Arizona-based attorney financing firm, challenging their methods in offering bankruptcy services through unusual fee arrangements. The cases, held on Feb. 11, spotlight broader concerns about transparency and potential exploitation in legal billing practices. The first case reviewed Jennifer Benedict Raines, an Independence-based solo practitioner specializing in bankruptcy, family law, and personal injury. Represented by Anthony Rupp of Foulston Siefkin, Raines faced questions over her collaboration with Fresh Start Funding, which provides financial services to law firms … Read more

Thomson Reuters CEO Discusses the Transformative Impact of AI on Legal Practices

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New York – At the intersection of technology and legal practice, artificial intelligence is poised to redefine the traditional workings of law firms, according to Thomson Reuters CEO Steve Hasker. Speaking at a recent law tech conference, Hasker highlighted the transformative potential of AI in revolutionizing data management and legal operations, predicting a significant shift in how legal professionals navigate their daily tasks. AI technologies, which include machine learning and natural language processing, are expected to streamline the voluminous data analysis involved in legal work. This will not only enhance accuracy but also significantly reduce … Read more

Revolutionizing the Courtroom: Agentic AI’s Role in Transforming Legal Practices and Decision-Making

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LONDON — The once conservative domain of law is undergoing a rapid transformation as artificial intelligence technologies move from experimental applications to mainstream tools reshaping the profession. As the legal field experiences this seismic shift, the role of AI has pivoted from speculative to practical, with real-time impacts on legal operations and processes. In just one year, the adoption of AI in the legal industry has soared. Data shows an increase from 19% utilization in 2023 to an astounding 79% in 2024. Specifically in the UK, the number of legal professionals leveraging AI has jumped … Read more