#74 Law Basics 101 #74

  IP Dispute Risk in LLM Co-Training with Private Contract Data If you've ever been the one nervously redacting a 47-page SaaS contract at midnight, you know how much valuable insight those legal documents hold. I've been there—shuffling through clauses like "mutual indemnification" and thinking, "This belongs in a machine's brain." That’s how the idea starts. You think, “Why not train an LLM on all this contract gold?” And then, just as you're ready to hit ‘fine-tune’, your legal instincts kick in like a brake pedal. Wait. Whose IP is this? Law firms, SaaS vendors, and legal tech startups all dream of proprietary fine-tuning—an edge that makes their AI smarter, faster, and eerily persuasive in drafting NDAs or predicting indemnity clauses. But here’s the catch: co-training an LLM on client contracts, license agreements, or internal legal docs could be a legal minefield, especially if the IP rights aren't air-tight. In this post, ...

  Cybersecurity Insurance Exclusions: Legal Trends 2025 The digital risk landscape in 2025 is nothing short of a minefield. As businesses tighten their cybersecurity budgets while leaning into AI, IoT, and hybrid workforces, insurance policies are evolving—sometimes in ways that don’t favor the insured. Cybersecurity insurance is no longer a guaranteed safety net. In fact, many companies are finding that fine-print exclusions can leave them exposed exactly when a breach occurs. Let’s dive into the legal terrain of 2025 and unpack what your policy might not be telling you. 📌 Table of Contents What Is Typically Excluded in Cyber Insurance? Emerging Exclusion Trends in 2025 Recent Litigation and Policyholder Wins Regulatory Scrutiny and Compliance Risks Best Practices to Avoid Claim Denial Before we dive deeper, here’s a quick resource for those comparing different cyber policies in today’s market. 🔍 What Is Typically Excluded in Cyber Insurance...

  Crypto Custody Compliance for Trust Attorneys As cryptocurrency becomes a recognized asset class in estate planning and fiduciary management, trust attorneys are facing new compliance challenges. From private key custody to tax reporting, handling crypto assets like Bitcoin, Ethereum, and stablecoins involves a distinct legal framework. Failure to implement proper custody protocols may expose attorneys to fiduciary liability, IRS scrutiny, or even cybercrime risk. 📌 Table of Contents (Click to Navigate) What Makes Crypto Custody Unique? Regulatory Guidance and Compliance Duties Custody Options for Trustees and Executors Best Practices to Mitigate Legal Risk What Makes Crypto Custody Unique? Cryptocurrency is not held by a bank, brokerage, or central custodian. Instead, access is controlled by cryptographic private keys, which can be stored in hot wallets (online), cold wallets (offline), or hardware devices. If a key is lost or mismanaged, the ass...

  Legal Issues in Livestreaming Professional Board Exams In an age of digital transparency and online content creation, some test-takers have attempted to livestream or record their experiences during professional board exams. While this may seem like a form of real-time vlogging or social engagement, it can quickly cross into serious legal and ethical violations. This post outlines the legal implications of livestreaming professional exams—such as medical boards, bar exams, or CPA licensure tests—and what content creators need to know before hitting "Go Live." 📌 Table of Contents 1. Copyright Protection of Exam Content 2. Privacy Violations and Surveillance Laws 3. Exam Security Breaches and Criminal Exposure 4. Institutional Penalties and Score Cancellation 5. Are There Any Legal Exceptions? 📚 Copyright Protection of Exam Content Most professional board exams are protected under U.S. Copyright Law as "literary works." Organizat...

  AI-Powered Due Diligence for Legal Cannabis M&A Mergers and acquisitions (M&A) in the cannabis sector are heating up, driven by legalization, consolidation, and investor interest. But cannabis M&A isn’t simple—it’s a minefield of regulatory complexity, inconsistent state laws, and hidden compliance risks. Enter AI-powered due diligence tools. These technologies help investors and legal teams identify red flags, verify licenses, and uncover operational liabilities faster than traditional manual reviews. 📌 Table of Contents Why Due Diligence Is Crucial in Cannabis M&A How AI Improves the M&A Process AI Capabilities in Cannabis Deal Vetting Limitations of AI Tools in This Industry The Future of Smart Cannabis Transactions Why Due Diligence Is Crucial in Cannabis M&A Even small cannabis businesses are bound by intense compliance, tax reporting, and licensing regulations. Buyers must confirm that the target entity: ✅ Has val...