Tech & Sourcing @ Morgan Lewis

We invite you to join us for the next presentation of our Tech & Sourcing webinar series Navigating the Global Landscape Through Innovation on Thursday, December 11, 2025 at 12:00 pm ET, focused on global capability centers.

As the use of generative artificial intelligence (GenAI) proliferates, customers and vendors face unique challenges in contract negotiations. This post discusses these challenges, offering viewpoints from both perspectives.

Please join us for a webinar co-hosted with local Indian counsel examining the key issues impacting deployment and use of technology in India.

As our colleagues Brad Nes and Sergio Oehninger discussed in a recent Insight, upcoming events such as the 2026 Men’s World Cup and Winter Olympics serve as a timely reminder to businesses involved in live events to consider and revisit the importance of insurance in minimizing unanticipated financial losses.

The Maryland Online Data Privacy Act (MODPA or the Act) took effect on October 1, 2025, making Maryland the most recent state to join the nationwide network of states with legislation protecting consumer data privacy. As part of our Spotlight series, Ezra Church, the leader of our privacy and cybersecurity litigation practice shares his insights into the MODPA requirements and nuances that companies should know.

Artificial intelligence tools designed to perform a specific autonomous function with limited human interaction (commonly referred to as “agentic AI”) are changing the operation of myriad business processes, accelerating the rate at which organizations can handle data workflows and complex decision making. As AI agents transform into full-fledged virtual assistants, organizations are finding new ways to drive value by redesigning their enterprise’s digital landscape to accommodate and augment agentic AI. However, consumers and customers have increasingly been employing agentic AI to interact with companies of all sizes, highlighting that the use of agentic AI may no longer be a one-way road from businesses to customers.

On October 29, Morgan Lewis will be hosting the annual Tech & Sourcing Summit in New York. This full-day event will bring together our lawyers and industry leaders, focusing on this year’s theme: Navigating the Global Landscape through Innovation. A reception will follow the substantive portion of the program.

On October 3, 2025, California Governor Gavin Newsom signed Assembly Bill 940 into law, with the announcement of new funding in an effort to establish a unified strategy in the state to help continue growing the quantum technology industry. AB 940 seeks to build on the state’s established presence in the sector: California is home to both National Science Foundation and US Department of Energy quantum federal research centers. Faster-than-expected innovation could see a surge in the quantum technology economy not just in California but the global economy overall.

From routine commercial contracts to complex technology transactions and global outsourcing arrangements, terms relating to artificial intelligence remain a key point of negotiation in agreements of all sizes and across the full spectrum of subject matter.

According to a 2025 report on cyber insurance trends published by Munich Re, the global cyber insurance market totaled $15.3 billion in 2024, and is expected to reach $16.3 billion by the end of 2025. Although these amounts are substantial in an absolute sense, the 2024 market valuation represents less than 1% of the global premium volume for property and casualty insurance in 2024. Cybersecurity’s comparative lack of representation in the global insurance premium market may stem from slower growth in the cybersecurity insurance market in the past few years. However, likely as a result of continued increases in digitization, cyber events occurring more frequently, and the regulatory framework evolving, cybersecurity insurance appears poised to grow at a more sustained pace, with Munich Re predicting the global premium volume for cybersecurity to average an annual growth rate of 10% per year through 2030.