By Michele Gorman (June 28, 2024, 4:22 PM EDT) — The U.S. Supreme Court on Friday overturned a decades-old precedent that instructed judges about when they could defer to federal agencies’ interpretations of law in rulemaking. This significant decision changes the landscape for corporate legal advisors who routinely deal with regulatory compliance.
In other notable news, the Conference Board issued a new report urging the country’s leaders to adopt a national artificial intelligence framework. This recommendation aims to standardize best practices and regulations surrounding the rapidly evolving AI technologies that are increasingly being integrated into various sectors.
For more details, you can read the original summary by Michele Gorman on Law360 here.