August 16, 2023

Risk Management: Data Analytics & Intelligence ＞ AI Adoption

27 minutes

How are firms adopting Artificial Intelligence in the Risk Management space? Given the fast-paced and highly publicized technology trends involving AI, what are the biggest challenges organizations face today with adopting AI technologies and in particular maintaining security and compliance around client, firm, and personnel data.

Questions the moderator will ask the speakers:

Where do AI capabilities exist in the Risk Space? Reporting, Terms of Engagement, Conflicts Searching, Data Analytics, Records, etc.

Data captured at client/matter inception is used throughout an organization, would you tell me what key factors join teams together and how organizations maintain consistency especially with AI “running in the background”?

How do firms control the information and the learning?

How or when does an organization begin to trust its AI?

What are the fears/blocks an organization will address prior to deciding to implement AI technology?

As the industry patterns dictate and pressure increases, how can organizations assess security concerns in a timely and thorough manner?

How do an organizations’ client(s) fit into the mix? If an organization’s client(s) oppose the use of AI technologies with their data, how does the firm comply?

What are the specific steps an organization can take to ensure a successful adoption of AI technologies?

Confirmed Moderator:

Elizabeth Suehr, Director of Legal Risk Systems and Strategy, Jenner & Block

Confirmed Speakers:

-Aaron Rangel, Director of Product Management, iManage

-Bennett Borden, Partner, DLA Piper

Recorded on 08-16-2023

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By ILTA - International Legal Technology Association

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