Of course, year-end predictions are best when they’re shared, so I also reached out to some of the smartest legal minds in my rolodex—litigators, dealmakers, and rainmakers alike—to collect their prognostications for 2023. Herewith, the collective wisdom of the bar:
Orin Snyder, partner at Gibson Dunn:
“In times of financial distress, the wheels often come off the bus. In 2023, we will see a steady wave of bankruptcies, a continued increase in consumer and antitrust class actions, increased criminal and regulatory focus on broken companies and markets, and an overall explosion in litigation seeking to undo or re-configure deals that have gone bad. On the corporate front, it’s too soon to predict whether a capital markets revival will take place in the second half of 2023 or not.”
Ben Sheffner, senior vice president and associate general counsel, Motion Picture Association:
“I keep hearing predictions that the Supreme Court’s forthcoming opinion in Andy Warhol Foundation v. Goldsmith will bring ‘much needed clarity’ to the law of fair use. Wishful thinking. I predict that no matter how the Supreme Court rules, fair use is going to remain a muddle, and we’re going to keep having the same arguments we’ve always had, though perhaps using a word other than ‘transformative.’”
Blair Berk, founding partner at Berk Brettler:
“I think many more states will be passing laws that will effectively abolish statutes of limitations for sexual assault claims, or open up windows to sue like the New York and California statutes have done. I anticipate an influx of these cases, which not only will further burden the trial courts, but will also give rise to significant, costly and time consuming appeals that will affect the rights, remedies, and defenses for litigants nationwide.”
Dan Novack, Novack Media Law:
“Fox News will settle with Smartmatic and Dominion for hundreds of millions, and then continue doing business as if nothing happened.”
Makan Delrahim, partner at Latham & Watkins:
“I think we will see some consolidation of streaming services and some alliances to combine some streamers. The current system is just not sustainable as it is getting more expensive than the MVPD [cable operator] bundles of the past.”
Mathew Rosengart, shareholder at Greenberg Traurig:
“Donald Trump made a miscalculation in believing his recent announcement as a 2024 candidate would inoculate him and cause Attorney General Merrick Garland to back down from prosecuting him because any such prosecution would be deemed too ‘political.’ Instead, the move may well have backfired on Trump, as it provided a predicate for Garland to appoint Special Counsel Jack Smith, a rigorous career professional who will follow the rule of law and likely give no quarter, leading to charges against Trump and others resulting from the insurrection, including obstruction and potentially sedition.”
Mark Geragos, managing partner at Geragos & Geragos:
“There will be a Supreme Court vacancy and a new Supreme Court Justice appointed and confirmed in 2023.”
Elizabeth McNamara, partner at Davis Wright Tremaine:
“After its much heralded demise, ‘actual malice’ survives when it becomes evident to the originalist crowd that the defense is actually handy when defending their virulent and false attacks on ‘woke’ Americans.”
Matthew Ferraro, Counsel at WilmerHale:
“I expect in 2023 that we will see more claims that courtroom evidence has been manipulated by artificial intelligence. We’ve seen this phenomenon emerge in several recent high-profile trials, including cases involving January 6 defendants. There, defense counsel raised the prospect that incriminating videos showing the defendants in and around the Capitol were deepfakes and untrustworthy. As generative A.I. gets better and more widely accessible, I expect we will witness more explicit challenges to the authenticity of evidence in court, even if there’s no credible basis for the skepticism. Attorneys on both sides of the v. will need to be ready.”
Aaron Moss, partner at Greenberg Glusker:
“For 2023, I predict that a pop song by a young first-time artist will crack Billboard’s Top 40, generating industry-wide buzz about the performer. But excitement will soon turn to consternation when it’s discovered that both the song and the artist were entirely A.I.-generated.”
Cliff Gilbert-Lurie, senior partner at Ziffren Brittenham:
“I believe 2023 will be a turning point in statutory, regulatory, guild, and private action litigation and attention about deep fakes, synthesbians, generative A.I., data mining, and data privacy and security, which will impact the motion picture, TV/streaming, and game industries.”
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