Artificial intelligence (AI) is making inroads into the law – not in the sense that machines are making legal decisions, but as a useful tool to assist with processes like contract automation and document reviews.
So, what are the future rules and regulations of AI implementation? Is this an area of new law? How secure are the platforms handling the data?
Nathan Evans, one of HCR’s technology and IT experts, says that while this will become clearer in the coming months as we await white papers from the government, firms should think now about how they can use AI and move forward with technology. He joins the Future of Finance as a guest panellist to discuss why the legal world is such a compelling use case for AI, how firms are deploying AI and the investment and technical challenges they must overcome.