OpenAI has banned ChatGPT from giving legal advice, a move seen as a pre-emptive strike to limit liability and redirect users to licensed professionals. The policy bans “tailored advice that requires a licence,” steering legal queries toward AI law platforms like Harvey, Legora and CoCounsel: Point Blank
Mayne Pharma: has asked the Takeovers Panel to order Cosette Pharmaceuticals to meet with Treasurer Jim Chalmers and FIRB to discuss what undertakings may secure approval for their $672m takeover. The move follows Chalmers’ preliminary decision to block the deal on sovereign capability grounds after Cosette threatened to close the plant. Mayne argues Cosette is using FIRB’s discomfort over job losses to derail the buyout and has requested to extend the scheme deadline to 19 December. G+T is acting for Mayne & Corrs is acting for Cosette: Capital Brief, Point Blank
A former Slaughter and May associate has been struck off after lying in his pupillage application about getting a double-starred first from Cambridge. The SRA found his deception “premeditated” and “sustained,” rejecting claims it stemmed from stress. He’d actually earned a 2:1 and was fined £6.1k after resigning from Slaughters: Legal Cheek
It’s the $30m lawyer club. Corporate legal chiefs are cashing in as “hybrid executives” take over the C-suite. Alphabet’s Kent Walker tops the list with US$30.2m, followed by Broadcom’s Mark Brazeal and Apple’s Katherine Adams. Recruiters say GCs are now expected to juggle law, strategy and reputation, with top in-house roles paying far more than BigLaw partners: BloombergLaw
US firm Ropes & Gray has launched a first-of-its-kind program letting first-year lawyers spend 20% of billable hours on AI training instead of client work. Dubbed “TrAIlblazers,” the initiative gives juniors nearly 400 hours to experiment with AI tools and workflows. The firm calls it a “deliberate investment” in future skills as AI becomes mandatory across BigLaw: Reuters