Cross-Border M&A Shows AI Compresses Diligence but Raises Judgment Value
Foley's Legaltech News reprint argues that legal AI can make the middle of diligence nearly free by reading large data rooms quickly, but it does not remove the scoping and remediation work at the beginning and end of the process.
BY TRANSATLANTIC DESK · JUNE 10, 2026 · 2 MIN READ
Foley's Legaltech News reprint argues that legal AI can make the middle of diligence nearly free by reading large data rooms quickly, but it does not remove the scoping and remediation work at the beginning and end of the process. Cross-border deals still require lawyers to decide what to examine, which jurisdictions matter, which findings threaten the deal, and what insurers, lenders or regulators will require. The piece is a useful antidote to automation-only ROI claims. AI changes matter economics by compressing review time, but it also increases the premium on front-end architecture, risk triage, remediation strategy and cross-border legal judgment.
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Source References
- USA: Colorado Makes AI Competence Explicit in Lawyer Conduct Rules — Colorado Bar Association, May/June 2026
- USA: Ninth Circuit Turns Hallucinated Citations Into a Discipline Warning — Reason, 2026-06-03
- USA: Colorado Replaces Its Broad AI Act With a Narrower ADMT Regime — Seyfarth Shaw, 2026-05-22
- Canada: CoCounsel Legal Canada Launches Around Westlaw, Practical Law and Verification — Thomson Reuters, 2026-06-01
- Canada: Canadian Rights-Based AI Debate Moves Back Toward EU-Style Risk Classification — Canadian Internet Policy and Public Interest Clinic, 2026-06-03
- Canada: Yukon Court Directive Extends AI Citation Controls in Canada — Law360 Canada, 2026-06-05
- UK: UK Selects Legal Services as the First AI Growth Lab Sector — UK Government, 2026-06-08
- UK: AI Legal Assistants in Crown Courts Trigger Access-to-Justice Safeguard Debate — The Guardian, 2026-06-08
- UK: Legal Geek 2026 Marks the Shift From AI Hype to Work Redesign — Above the Law, 2026-06-09
- Europe: European Commission Opens High-Risk AI Classification Feedback Until 23 June — European Commission, 2026-05-19
- Europe: AI Act Deadline Extensions Do Not Remove the Classification Work — National Law Review, 2026-06-09
- Europe: Legora Plans Madrid, Milan, Paris Offices and a London Engineering Hub — The Next Web, 2026-06-09
- Cross-Border / Vendor Moves: Datasite Brings Live Deal-Room Data Into Harvey Workflows — Datasite, 2026-06-09
- Cross-Border / Vendor Moves: Legora Adds Wolters Kluwer US Statutory and Regulatory Law — Legora, 2026-06-09
- Cross-Border / Vendor Moves: Harvey Publishes Lawyer AI Workflow and Governance Playbook — Harvey, 2026-06-08
- Cross-Border / Vendor Moves: Cross-Border M&A Shows AI Compresses Diligence but Raises Judgment Value — Foley & Lardner, 2026-06-08