{"id":1009238,"date":"2026-05-22T09:48:17","date_gmt":"2026-05-22T04:18:17","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1009238"},"modified":"2026-05-22T10:02:48","modified_gmt":"2026-05-22T04:32:48","slug":"openai-grows-stable-of-law-firms-for-high-stakes-lawsuits-deals","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/22\/openai-grows-stable-of-law-firms-for-high-stakes-lawsuits-deals\/","title":{"rendered":"OpenAI grows stable of law firms for high-stakes lawsuits, deals"},"content":{"rendered":"<p>AI startup OpenAI, most recently valued at $852 billion, has grown its constellation of outside counsel to include more than a dozen of the largest U.S. law firms as it contends with myriad lawsuits and a looming expected IPO. <\/p>\n<p>The company, its CEO Sam Altman and their lawyers at Wachtell Lipton Rosen &amp; Katz and Morrison &amp; Foerster on Monday scored a major victory in defeating a lawsuit by Elon Musk, who alleged OpenAI strayed from its original nonprofit mission. The win cleared a potential \u200churdle to an \u2060OpenAI IPO \u2060that sources have told Reuters could come.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AI startup OpenAI, most recently valued at $852 billion, has grown its constellation of outside counsel to include more than a dozen of the largest U.S. law firms as it contends with myriad lawsuits and a looming expected IPO. The company, its CEO Sam Altman and their lawyers at Wachtell Lipton Rosen &amp; Katz and Morrison &amp; Foerster on Monday scored a major victory in defeating a lawsuit by Elon Musk, who alleged OpenAI strayed from its original nonprofit mission. The win cleared a potential \u200churdle to an \u2060OpenAI IPO \u2060that sources have told Reuters could come.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1009238","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1009238"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009238\/revisions"}],"predecessor-version":[{"id":1009260,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009238\/revisions\/1009260"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1009238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1009238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1009238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}