Contracts

Contracts

8 entries in Corporate Counsel Tracker

The Spiraling Cost of Making AI

Core event: OpenAI and Anthropic are projected to spend nearly $65 billion combined in 2026 on training and operating AI models, exemplifying the spiraling costs of AI development amid explosive infrastructure demands.[8] This ties into Anthropic's April 6-7 announcements of expanded deals with Broadcom and Google, securing 3.5 gigawatts of TPU-based compute capacity starting 2027 to fuel growth, plus Broadcom's long-term supply of custom AI chips to Google through 2031.[3][5]

3 things to consider when choosing a software development partner

Dreamix CTO Denis Danov published an article on April 6, 2026, outlining three key mistakes clients make when selecting software development partners: (1) prescribing team composition before scoping the problem, (2) assuming AI is the solution without validation, and (3) leaving business outcomes undefined at kickoff. The piece draws from Dreamix's client experiences, including a case where a client-mandated senior team led to engineer demotivation, project delays, and knowledge loss; AI misapplications where rule-based workflows sufficed; and over-engineering beyond business needs, as when 90% accuracy exceeded a prior 80% baseline.[headline summary]

7
Score

Ben Cohen is fighting to free Ben & Jerry’s

Core event: Ben & Jerry’s cofounder Ben Cohen is leading the "Free Ben & Jerry’s" campaign to pressure the Magnum Ice Cream Company to sell the brand to values-aligned investors, amid an ongoing lawsuit where Ben & Jerry’s independent board accuses Magnum of breaching the 2000 merger agreement by dismantling the board’s authority over the company’s social mission.[1][2][3][5]

Employer’s Roll Out of Arbitration Agreement During Class Action Litigation Was Ineffective

In Avery v. TEKsystems, Inc., the Ninth Circuit affirmed a district court's denial of TEKsystems' motion to compel arbitration, ruling that the company's rollout of a mandatory arbitration agreement during ongoing class action litigation was ineffective due to misleading communications and subversion of Federal Rule of Civil Procedure (FRCP) 23.[1][2][3][4][5][9]

6
Score

Ohio Warns Nonlawyers Against Drafting Construction Contracts

Ohio has established a strict rule prohibiting nonlawyers, such as architects, construction managers, or owners' representatives, from drafting or revising construction contracts or procurement documents, deeming it the unauthorized practice of law.[2] This "bright-line" guidance, issued by Bricker Graydon Wyatt LLP on April 6, 2026, cites Ohio Supreme Court precedents like Ohio State Bar Ass'n v. Burdzinski (2006) and Ohio State Bar Ass'n v. Miller (2014), which confirm that preparing legally binding instruments—even from standard AIA forms—constitutes unauthorized practice.[2]

5
Score

ICC Approves New Arbitration Rules Effective June 1, 2026

The International Chamber of Commerce (ICC) Executive Committee approved revised ICC Arbitration Rules on March 23, 2026, set to enter into force on June 1, 2026, applying automatically to all new arbitration requests filed from that date.[1][2] Key changes include making Terms of Reference optional (previously mandatory except in expedited cases), barring new claims after the first Case Management Conference without tribunal approval, introducing "Highly Expedited" opt-in proceedings (three-month duration with front-loaded submissions and no joinder/consolidation), enhanced Secretary-General oversight on fees/costs, and a new Schedule of Fees.[1] Additional updates to the ICC Schedule of Costs, Appointing Authority Rules, Mediation Rules, and Expert Rules are planned for launch in April-May 2026.[1]

Don't Bet on Appeal: Challenging Final Arbitration Awards is an Uphill Battle

Akerman LLP published an article on April 6, 2026, titled "Don't Bet on Appeal: Challenging Final Arbitration Awards is an Uphill Battle," explaining the narrow grounds for contesting final arbitration awards under the Federal Arbitration Act (FAA). [1] The core event is this legal analysis publication, which debunks misconceptions that such awards are easily overturned, emphasizing their finality.[1]

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