United States | Publication | January 2024
Norton Rose Fulbright’s 2024 Annual Litigation Trends Survey indicates that artificial intelligence (AI) poses cyber and intellectual property (IP) risks.
AI is a leading contributor to both cybersecurity exposure and IP vulnerabilities, with roughly half of respondents saying that the increased use of AI technology will grow their exposure in both areas in 2024.
At the same time, the potential downsides may not outweigh the technology’s benefits, as more than a third of respondents support the use of generative AI by their outside counsel.
Download the 2024 Annual Litigation Trends Survey for more details.
Publication
On March 11, 2025, the VAT in the Digital Age (VIDA) package was finally adopted by the EU Council. The legislation was officially published in the EU Official Journal on March 25, 2025.
Publication
On 16 January 2025, the USTR published a notice of determination that China’s targeting of the maritime, logistics and shipbuilding sectors for dominance is actionable under Section 301 of the US Trade Act of 1974. Section 301 grants the USTR the authority to investigate and remediate, including through the imposition of tariffs or other import restrictions, foreign trade practices that it determines (1) are unreasonable or discriminatory, and (2) burdens or restricts US commerce.
Publication
The OECD Pillar Two rules (also known as the Global Minimum Tax), where implemented by a national jurisdiction, require multinational enterprises (MNEs) with a consolidated group turnover of more than €750 million to calculate the effective tax rate in each jurisdiction in which it operates.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2025
