Insights
At SMB, we are putting our expertise at your service, from the latest in legal updates to what’s happening in your industry.
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29th January 2025This is Family Mediation Week – So what is Mediation?
Family Mediation Week is an annual event where family lawyers come together to raise awareness of family mediation and the benefits it can bring to separating families.
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22nd January 2025Winter Immigration Update
Below is SMB's Winter newsletter, highlighting important updates to immigration policy in the UK and worldwide
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20th January 2025Pioneering the Future: How the UK’s AI Opportunities Action Plan Aims to Harness the Power of Artificial Intelligence
AI has the potential to reshape industries, enhance productivity and transform public services on a global scale. Recognising the profound potential of this technology, the UK government has launched its AI Opportunities Action Plan (“Plan”) to position the UK as a global leader in AI innovation.
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16th January 2025The CMA granted significant fining and enforcement powers for breaches of consumer law
The UK Digital Markets, Competition and Consumers Act (the “Act”) received Royal Assent on 24 May 2024, and expands the protections afforded to consumers, in particular by overhauling and expanding the list of unfair commercial practices, and by introducing much more regulation around subscription contracts.
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9th January 2025LLMs – The Great Data Heist
Large Language Models (LLMs) are a type of artificial intelligence (AI) that use deep learning algorithms to understand and generate text, images and videos in a way that mimics similar outputs created by humans, basing its responses on the vast quantities of data they are trained on. While LLMs can generate creative text formats, legal documents, or summarise information, they are not designed to be inherently truthful or unbiased and can generate inaccurate or misleading content
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28th November 2024Advanced Subscription Agreements
An Advance Subscription Agreement (ASA) is a financial arrangement between an investor and a company, often a startup or early-stage business. Under this agreement, the investor pays in advance for shares that will be issued at a later date, typically during the company's next funding round.
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26th November 2024Protecting Your Business’s Value: Why Change of Control Provisions Matter for Founders
For many founders, securing a strong customer base is central to their company’s long-term value. But what happens when the business is sold, and a key contract allows customers to walk away? This is where Change of Control provisions come into play. Too often overlooked during negotiations, these clauses can have serious ramifications for both your company's valuation and your future business prospects. Here's why founders should carefully consider these provisions.
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21st November 2024Limitation of Liability – Managing Risk and Exposure
In this article, we are considering negotiated contracts rather than those which one party imposes on another by way of clickwrap or similar methodologies.
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20th November 2024Digital Markets Competition and Consumer Act 2024 Overview
The Digital Markets Competition and Consumer Act (the Act) is a new Act that received Royal Assent in the twilight hours of the last Government. The scope of the Act is wide but the coming into effect is staggered over the coming months depending on the subject area.
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