(800) 594-4480

Keep it Legal Blog

AI and Copyright Law

Artificial Intelligence (AI) is having a profound impact on a variety of industries, but it also brings about complex legal questions that are not fully answered by existing copyright laws. Among these are questions surrounding the training of large language models (LLMs) by AI companies. Many of these LLMs are trained on an extensive range of text data that may include copyrighted material. The use of such content raises pressing concerns about the infringement of intellectual property rights. This blog post aims to delve deeper into this complicated legal issue, explore the challenges businesses face, and understand why it is…

Read More

Concerns About AI and Non-Disclosure Agreements

This post marries two concepts: Non-Disclosure Agreements (NDAs) and Artificial Intelligence (AI). They may seem unrelated, but I’ve noticed an issue coming up lately that may have escaped the notice of many business owners. The bottom line is that your business’ existing NDAs (and any contracts that include confidentiality provisions) may need to be revised to account for new developments in technology. Imagine you own a marketing agency that provides tailored advertising solutions for your clients. You sign an NDA with a big client to work on a campaign for a new product launch. The NDA is standard and has…

Read More

What are MSAs and SOWs?

Clients often ask me to review, draft, or negotiate MSAs and SOWs. These are types of contracts that are important to many types of businesses. Let’s take a look at what they are and how they work together. Let’s say two businesses want to work together on a variety of different projects over time. They will have some terms that always stay the same, so they don’t want to have to review, draft, and negotiate a whole new contract every time they work together. But the details of each specific project will vary. This is the perfect situation for a…

Read More

How to Determine the Fair Market Value of a Small Business

Clients often ask how to determine the fair market value (FMV) of a small business. On one level, the goal is to establish a price that a willing buyer and a willing seller would agree to in an open and unrestricted market. There are a variety of ways to establish FMV, and the choice of valuation method depends on the business and the reason for the valuation. For example, let’s say you’re in a two person company and your partner wants to leave. They’ve offered to let you buy them out of their share, with the price being based on…

Read More

Want to receive all the latest updates? Contact me today

Click Here

Receive updates from the Keep it Legal blog

I’m glad you enjoy the blog, and I’d love to keep you updated with all the latest legal tips and business law strategy news.

Enter your name and email below, and we’ll be in touch!