Legal Tech’s Predictions for KM, Data Governance & AI Usage in 2024
As generative AI fully entrenched itself in the legal industry last year, it directed a harsh spotlight on a long-running issue: the industry has a data problem. Data volumes have grown exponentially in recent years, and information governance initiatives are now trying to catch up, focusing heavily on data management and hygiene. Wrangling data will be at the top of nearly every organization’s to-do list in the coming year.
[...]
The following is a collection of predictions from experts in the legal industry on what we can expect for data governance, KM and AI usage in 2024.
...
Sharon Klein, Partner and Chair of the Privacy, Security & Data Protection Practice, Blank Rome: “Artificial Intelligence is subject to Real Regulation. Companies must set guiderails to allow employees to innovate using AI safely and responsibly. Before AI is used on the job, employees should first analyze whether AI is the right tool for the project given accompanying risks related to privacy, copyright and algorithmic discrimination.”
To read the full article, please click here.
"Legal Tech’s Predictions for KM, Data Governance & AI Usage in 2024," by Stephanie Wilkins was published in Legaltech News on January 16, 2024.