Halsey G. Knapp, Jr. led multiple round table discussions at the ACC annual meeting in San Antonio, Texas, emphasizing the role of artificial intelligence tools to simplify arbitration and litigation. The discussion extended to litigation and arbitration in an increasingly global environment and the challenges this may face. This fascinating discussion covered the following points and more:
- Real-time Risk Assessment: Utilizing AI to analyze contracts and identify potential litigation issues, including non-compliance, legal ambiguity, and unfavorable terms, both pre and during litigation.
- The ethical and professional challenges that AI creates for lawyers and how to adapt your engagement letter to derisk those challenges.
- Cultural and Language Differences: Cultural and language barriers can affect communication and understanding between parties, arbitrators, and witnesses. Misinterpretations or miscommunications can impact the proceedings and the outcomes.
The ACC annual meeting was a fantastic platform to exchange ideas and insights on how AI is reshaping the legal landscape with in-house counsel. It’s an exciting time to be at the intersection of law and technology, and we look forward to seeing how we can harness the full potential of AI to better serve our clients and the legal community.