Keep pulling the thread on Kate Barton.
A potential tipping point for a mass exodus of business from the Middle East would be an attack on critical infrastructure or the compromising of the water supply.
The legal industry's business model may shift towards success fees, similar to Wachtell, rather than the billable hour model, due to AI's impact on legal work.
AI technology enables the creation of very convincing deepfake videos of individuals, such as those in Hollywood, saying things they never said.
U.S. policy and the actions of the U.S. administration are a primary determinant of the business environment and corporate decision-making.
The conflict in Iran is beginning to have second and third-order impacts on financial markets and the movement of goods.
Dentons is advising numerous clients on reviewing force majeure contract provisions, insurance policies, and supply chain disruption plans in response to the conflict in the Middle East.
Due to the conflict involving the U.S. and Iran, major events such as Formula 1 races and financial forums in the region have been cancelled.
The CEO of Kroll believes the Middle East is still a ways away from a tipping point that would cause a mass flight of business from the region.
Valuing companies in or exposed to the Middle East has become difficult because the cost of insurance has risen dramatically and the cost of energy as an input is impossible to determine.
John Waldron of Goldman Sachs described the M&A deals of the previous year as 'once in a generation, once in a lifetime deals' involving highly regulated sectors like railroads and movie studios.
The CEO of Kroll believes that clients hire firms like his primarily for the human judgment applied to problems, a value proposition he does not see being replaced by AI.
Kroll is deploying AI to support its workflows and improve efficiency in areas where human judgment is not the most critical component, but not to replace its end product.