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Compliance & Securities

The Legal Risks and Rewards of AI-Generated Contracts for Los Angeles Businesses
Jul 11 2025
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The Legal Risks and Rewards of AI-Generated Contracts for Los Angeles Businesses

Posted by Posted in Compliance & Securities, Intellectual Property & Technology
It is reasonable to say that artificial intelligence is revolutionizing how businesses, including businesses based in Los Angeles, approach contract creation. The utilization of contract-specific AI tools and applications offer businesses the opportunity to take advantage of unprecedented speed and efficiency in the contract drafting process. As AI tools and applications become more sophisticated, businesses will likely continue to turn to automated contract generation to streamline their contract protocols. However, this technological advancement brings both…
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"AI Washing" and SEC Crackdowns: What Los Angeles Startups Need to Know
Jun 19 2025
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“AI Washing” and SEC Crackdowns: What Los Angeles Startups Need to Know

Posted by Posted in Compliance & Securities, Startup & Emerging Companies
The use of artificial intelligence ("AI") has exploded in popularity and impacted nearly every sector of the economy. The transformative nature of AI has prompted many public companies to try and capitalize on the vast capabilities associated with AI tools and applications. It is becoming increasingly common for companies, during investor conference calls, to proclaim their use of AI. Such declarations have resulted in sharp stock price increases driven by the promise of rapid growth.…
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Apr 10 2025
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Navigating Regulatory Compliance for Tech Startups in 2025

Posted by Posted in Compliance & Securities, Startup & Emerging Companies
Despite many startups serving as budding businesses working with limited resources, they must nevertheless comply with an array of legal obligations and regulatory requirements. Why? Because failing to comply with these legal requirements will expose the startup to adverse consequences such as legal penalties, loss of investor confidence, and security breaches.  In addition, in the age of business interdependence, compliance for startups and smaller companies can help them gain a competitive edge in opportunities for…
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Feb 10 2025
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How AI is Transforming Legal Risks for Businesses in Los Angeles

Posted by Posted in Compliance & Securities, Intellectual Property & Technology, Risk & Asset Protection
Los Angeles is home to an array of tech-driven business enterprises, including companies that are at the forefront of Artificial Intelligence (AI) development and innovation. The recent advent of AI tools and applications is both exciting and concerning. Why concerning? Because AI is creating potentially new legal risks and/or revealing existing legal risks that need to be addressed by LA business owners. Legal Implications of AI for Los Angeles Business Owners AI tools and systems…
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AI Regulations Under Consideration in California - Hakim Law Group
Aug 29 2024
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AI Regulations Under Consideration in California

Posted by Posted in Compliance & Securities
California lawmakers recently voted to advance legislation that would require artificial intelligence companies to test their systems and add safety measures to prevent them from being potentially manipulated to wipe out the state’s electric grid or help build chemical weapons — scenarios that experts say could be possible in the future as technology evolves at warp speed, according to the Associated Press. The bill, SB 1047, specifically requires developers of large AI models to conduct…
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Business Lawyers in los Angeles
Jan 21 2024
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California Consumers and The Use of Artificial Intelligence

Posted by Posted in Compliance & Securities
California’s Privacy Protection Agency (CPPA) introduced proposed regulations this past November to further protect consumers when their personal information is used in automated profiling. These proposed regulations will facilitate public comment; none of these are in effect. The attempts by the CPPA to regulate artificial intelligence (AI) and other automated decision-making technologies (ADMT) will have consequential effects on the businesses that use AI to process job and credit applications, compensation decisions, and profiling. The business…
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Business Attorneys in Los Angeles
Jan 13 2023
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The California Privacy Rights Act is in Full Effect– Is Your Business Ready?

Posted by Posted in Compliance & Securities
If you conduct business in California, it is important to take steps necessary to ensure compliance with the California Privacy Rights Act (CPRA). Why? Because the CPRA went into full effect on January 1, 2023. At that point, all covered businesses will be subject to a set of rigorous requirements related to the collection, retention and use of consumer information. In addition, covered companies will be required to do the following: publish privacy policies applicable…
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Business lawyer los angeles
Dec 13 2022
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Proposed Regulations for Charitable Crowd funding

Posted by Posted in Compliance & Securities
In October 2021, California became the first state to regulate fundraising platforms used by charities. These platforms are used by charities to support their cause through monetary donations and other activities. These platforms existed without the full regulation of California’s fundraising laws. As business lawyers in Los Angeles, the professionals at The Hakim Law Group want the public and charitable organizations to be aware of the new regulations coming into effect on January 1, 2023,…
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Business attorney los Angeles
Feb 14 2022
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California Legislature Debating the Passage of Yet Another Major Privacy Law

Posted by Posted in Compliance & Securities
The California legislature is continuing its focus on amending, enacting, and overhauling various privacy laws. This effort began with the passage of the California Consumer Privacy Act followed shortly thereafter by the passage of the California Privacy Rights Act. Both laws have significantly expanded the administrative obligations for many California employers who receive and/or access consumer data and personally identifying information. The newest effort is to overhaul the laws that are designed to protect children,…
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