More businesses are attempting to use AI to perform a variety of tasks that legal counsel would typically perform, including: draft contracts, review and summarize documents, conduct legal research. The reality is that while AI can do great things, there are tremendous risks and pitfalls in using AI to perform such legal services, the results…
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Q&A: How To Make Your SPE Boring
What Is A Special Purpose Entity? Richard Colosimo: Mike, thanks for joining us today. In your career, you’ve been a consultant and a CFO and an M&A professional, and an investor and founder. Today, I’m hoping you can give us some advice for people entering into small investment partnerships, which typically take the form of…
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Fast Money, Slow Death: A Former CFO Explains the Real Cost of Merchant Cash Advances
The Hidden Danger of Fast Capital Rick Colosimo: Mike, you've worked as a CFO and led M&A for major companies. Now, you advise small business owners on financial and growth strategy. What’s one of the biggest mistakes you see when companies are under cash pressure? Mike Princi: One of the riskiest decisions I see is…
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ARTIFICIAL INTELLIGENCE: KEEPING SECRETS IN THE AGE OF AI
Artificial Intelligence (AI) is transforming businesses across all sectors, offering enhanced efficiency, analytics, and decision-making capabilities. However, alongside these benefits come considerable risks, particularly when sensitive and confidential business information becomes unintentionally public. Companies must understand these risks and adopt clear, legally robust AI policies and procedures to mitigate them effectively. Understanding AI Risks and…
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