Law.com

Canadian law firms are expecting an increase in European business as Ottawa and Brussels explore a form of 'associate membership' for Canada in the European Union. Law.com reports that firms see potential new work advising clients on trade, regulatory and cross-border matters if the negotiations advance. The talks signal a deepening of Canada-EU economic and political relations, though the exact scope and feasibility of associate membership remain to be defined.

Ohio has moved to restrict third-party litigation funding by barring investment from international funders, according to Law.com. The crackdown limits foreign money in lawsuits where funders back plaintiffs in exchange for a share of settlements or judgments. The move is drawing attention from legal finance firms and defense bar observers watching how other states may respond to similar restrictions on litigation funding.

Law firm Fasken has announced new leadership appointments in South Africa and the return of a finance partner, according to Law.com. The moves signal the firm's continued investment in its African operations, though further details on the named individuals and their roles were not provided.

Law.com has published a piece arguing that legal technology is moving past the hype stage of artificial intelligence and into a phase focused on delivering measurable business value. The discussion centers on how law firms and legal departments will judge AI tools by real returns rather than novelty, shaping the next chapter of legal tech adoption.

The Securities and Exchange Commission is considering proposals that would give retail investors wider access to private markets, an area long reserved mainly for institutions and wealthy individuals. The plans, reported by Law.com, could reshape how ordinary investors participate in privately held companies and funds, drawing attention from both the asset management industry and investor-protection advocates.

Law.com profiles two Morgan Lewis trial lawyers with military backgrounds, examining how their service shaped their leadership styles in private practice. The piece explores which habits from the military translated well to running trial teams and litigation practice, and which they had to abandon. It adds to ongoing coverage of veterans moving into senior roles at major law firms.