Cooley LLP

Cooley held its inaugural DEI Summit: Embracing New Horizons event in San Diego last week. The three-day program brought together leaders from across the firm to connect, build community and put their heads together to create an even more diverse, equitable and inclusive future at Cooley and beyond. Thank you to all who attended and contributed to such an impactful summit, and here’s to a bright future. 📷 Check out some snapshots of the summit below. Learn more about Cooley’s commitment to DEI: https://bit.ly/3ObVNIU #DEI #connection #leadership #professionaldevelopment #TeamCooley

Today marks the 34th anniversary of the Americans With Disabilities Act (ADA), signed into law on July 26, 1990, prohibiting discrimination against individuals with disabilities in all areas of public life. This landmark legislation opened the doors to opportunity and independence for people with disabilities – though, more work still needs to be done. To raise awareness and celebrate Disability Pride Month, Cooley proudly welcomed Haley Moss, Esq., a lawyer, neurodiversity expert and author, to deliver a firmwide keynote presentation on "Rethinking Neurodiversity in the Legal Industry." Diagnosed with autism spectrum disorder at the age of 3, she is the first openly autistic lawyer in Florida. She is also the author of four books that guide neurodivergent individuals through professional and personal challenges, including “Great Minds Think Differently: Neurodiversity for Lawyers and Other Professionals.” https://bit.ly/4c39zWO Thank you to Haley for sharing her experiences and for unpacking the nuances of navigating disability disclosure, advocating for ourselves and others, and inspiring us to make our communities more accessible and inclusive for people with disabilities. #DisabilityPride #ADA34 #Neurodiversity

The Digital Markets, Competition and Consumers Act (DMCC) represents a major shift in UK digital competition and consumer regulation. In the third installment of a trilogy series on the DMCC, Cooley's UK team sets out the key consumer protection enhancements, particularly in relation to online activities. Read the details here: https://bit.ly/3WdAnOo #consumerprotection #products #antitrust #CooleyREG

Cooley advised Harvey, a legal artificial intelligence platform, on its $100 million Series C financing at a $1.5 billion valuation. Proceeds from the financing will enable Harvey to continue scaling and improving its AI-powered technology across business functions and geographies. Congratulations to Harvey and the Cooley team led by Matthew Bartus and Rachel Proffitt. Read more: https://bit.ly/3ykyaIU For more AI resources and to see the team's full capabilities in this evolving space, visit our #CooleyAI page here: https://bit.ly/3sYUWnf #AI #artificialintelligence #privatecompanies #SeriesC #venturecapital

We are thrilled that David Wang will join Cooley as our chief innovation officer. He will be responsible for helping to shape and advance our global innovation strategy alongside firm leadership as we continue to innovate and evolve to meet the needs of our clients and our people. A thought leader on the future of technology and business transformation, David will be a tremendous asset to our global teams. Learn more: https://bit.ly/3A8T3as #talent #legaltech #innovation

US securities law compliance gets trickier as the valuation of your company increases – and as the frequency, size and strike price of your equity grant packages to US recipients grow. This is where Rule 701 comes into play. Head to Cooley GO to learn more about the rule in an article from associate Amanda Gonzalez Burton, with contribution from partner Calise Cheng: https://bit.ly/3A4KKMU #privatecompanies #CooleyGO #Rule701 #securitieslaw

With the extraordinary political events of the weekend and Congress on a break last week, you might have missed the release of the House Financial Services Committee's Bipartisan AI Working Group Staff Report https://lnkd.in/eujwN5Et. The Report comes after several roundtable discussions with an array of stakeholders. The recommendations included in the report are: - Given the critical role of the financial and housing markets, the Committee should play a leading role in overseeing the adoption of AI in the financial services and housing industries. - The Committee must ensure regulators apply and enforce existing laws, including anti-discrimination laws, and assess regulatory gaps as market participants adopt AI. - The Committee should ensure the financial regulators have the appropriate focus and tools to oversee new products and services. - The Committee should continue to consider how to reform data privacy laws given the importance of data, especially consumer data, to AI. -The Committee should work with financial regulators to understand AI’s impact on the workforce. -The Committee should ensure U.S. global leadership on AI development and use Not much time left this year for the Committee or Congress to act on these recommendations, but the bipartisan nature of the recommendations could portend future legislative outcomes. We'll be watching and reporting. #CooleyAI

A Cooley team led by Miguel Vega, Barbara Borden, Heather Harrington and Rachel Katz advised Mott Corporation, a microfiltration business, and its subsidiaries on its definitive agreement to sell to IDEX Corporation for cash consideration of $1 billion. Congratulations, all! Read more about the Mott Corporation and the transaction: https://bit.ly/3YiNBw6 #deals #mergersandacquisitions #publiccompanies

How can you capture the hearts of our lawyers? Try recommending a good book, sharing a meal or spreading positivity! Watch below to discover more about our 2024 partner class. 🎥 View the full video here: https://bit.ly/3We7djk #talent #lawyers #legaltalent #TeamCooley

On July 18, 2024, a federal court issued a detailed 107-page opinion and order dismissing most of a US Security and Exchange Commission (SEC) case against SolarWinds and its chief information security officer (CISO), rejecting a novel theory from the SEC that its authority extended to regulating internal and external cybersecurity controls – a significant victory for companies, their CISOs and cybersecurity. The claims surviving the motion to dismiss are based in large part on alleged inconsistencies between the internal communications of SolarWinds’ CISO and security team, and the content of the company’s security statement. 💡 Read Cooley’s detailed summary and practical guidance for companies and cybersecurity professionals: https://bit.ly/3WhUkDR