AI has fundamentally changed how businesses operate. It can summarize documents in seconds, generate first drafts of nearly anything, and make complex information feel accessible. We use AI ourselves, and we believe every business owner should explore it.
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In Before You Use AI, Read the Fine Print, we discussed how vendor terms can leave you exposed to privacy and liability risks. In this follow-up to our AI Landmines post, we focus on another potential problem: treating AI “system cards” as if they provide a complete view of the technology.
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You do not need to be an AI expert to face legal or regulatory problems caused by vague or outdated contract language. Artificial intelligence is now built into CRMs, HR tools, marketing platforms, analytics dashboards, and many other services.
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Employees are increasingly using generative AI tools, such as ChatGPT, Gemini, and Copilot, without authorization or oversight. This unsanctioned usage, often referred to as Shadow AI, creates substantial legal and compliance risks.
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Artificial intelligence is no longer a futuristic buzzword or a side project for tech giants. From hiring and healthcare to marketing and customer service, AI is embedded in the operations of businesses across the country.
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If you are unsure if your business still needs to comply with CTA/BOI Reporting, consult with legal counsel.
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Artificial intelligence tools are revolutionizing business operations, offering powerful capabilities in content generation, customer service, data analysis, and more. However, before integrating AI into your company’s workflow, it’s critical to scrutinize the terms and conditions of the tools you plan to use.
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In an era where data privacy is increasingly important, many states are considering or have recently passed data privacy laws. Minnesota joins Maryland, Vermont and several other states currently enacting data privacy legislation that take effect between July 1, 2024 and July 2026.
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As the new year has begun, so have the reporting requirements of the Corporate Transparency Act. As a follow up to our September 14, 2022 article “An Introduction to the Corporate Transparency Act,” and our December 23, 2023 article “Basic Overview of the Corporate Transparency Act (CTA),
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As a buyer, understanding the industry of a target company is key to completing a thorough due diligence process. Knowing the ins and outs of an industry can help identify specific or unique due diligence matters which can raise concerns or other red flags that wouldn’t otherwise arise in another context.
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March 1st is an annual date corporations incorporated in the State of Delaware should keep in mind because that is the due date for the Delaware annual report and franchise tax payment.
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