This post outlines some of the key limitations of using Artificial Intelligence programs such as ChatGPT and sets out guidelines that attorneys and staff should follow when using such programs. These best practices help ensure that lawyers will not violate any ethics rules and properly understand the limitations of these technologies.

Congress’s January 1, 2021 passage of the National Defense Authorization Act for Fiscal Year 2021 included passage of the Corporate Transparency Act (“CTA”), and in doing so established reporting requirements for many U.S. businesses with the intent of creating a database of beneficial ownership controlled by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”).

As the new year starts, let’s help Latin founders save thousands of dollars (and lots of time) on needless legal analysis.