Whichever way you slice and dice it, these are challenging economic times around the world, and yet one trade relationship is holding up well. The UK-Israel trade relationship continues to show some strong numbers. Worth around £7 billion, there are more than 400 Israeli tech firms operating in the UK, while Israeli investment into the UK has added around £1 billion gross value to the UK economy and created about 16,000 jobs in the last 8 years, according to UK Foreign Secretary, James Cleverly. We speak to lawyers in the UK and Israel - from White & Case, Dechert, Bird & Bird, Charles Russell Speechlys, and Epstein Rosenblum Maoz – about this relationship. In our other main feature, we dive deeply into the impact of AI on law firms and General Counsel, especially since the November 2022 launch of ChatGPT. Together with other AI-powered tools, they have transformed the business landscape and firmly driven the technological fox into the corporate henhouse, raising many concerns for business leaders, including data protection, privacy, and IP infringement. Experts from Arnon, Tadmor-Levy, Shibolet, Lipa Meir & Co., The Luzzatto Group, Dechert, and Penteris share their latest views on the opportunities, challenges, and regulatory hurdles that continue to surface in this rapidly developing field. Lawyers in the know also weigh in on recent trends in both capital markets (lawyers from Bird & Bird, Mayer Brown, and Carter Ledyard) and real estate (Herrick, Asserson, Aird & Berlis of Canada, Taylor Wessing, Charles Russell Speechlys). Benjamini & Co. discusses a Bill proposing new definitions around Israeli residency for taxpayers, Yossi Ben-Dror examines the legal aspects of Smart Contracts, and the Luzzatto Group explores the Israeli IP attracting investors. Follow us and if you wish to know more and contribute to our bi-monthly IsraelDesks magazine, reach out. We would love to hear from you. Lee Saunders, Editor IsraelDesks
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