Artificial Intelligence (AI) has huge transformative potential. It also has a wide range of applications and offers huge benefits for businesses across all practice sectors. The development and use of AI also needs to navigate a number of risks and practical challenges, including data governance, IP and ownership, AI liability, as well as the multi-layered and quickly evolving regulatory landscape.
Rapid advances in AI are having a significant impact on business models, growth strategies and the day-to-day decision making process. As a firm, we examine the questions that arise in AI deployment, and we provide a holistic and pragmatic approach in order to help our clients strategically manage risk as they explore AI opportunities.
Areas that we advise clients include:
AI strategy and corporate governance
- Board engagement
- AI principles
- Governance bodies and structures
- Risk approach
- Policy advocacy and stakeholder engagement
- Skilled workforce planning, including AI literacy and recruitment
AI compliance and risk management
- Risk management and control frameworks, compliance programs, policies and processes
- Targeted risk management strategies
- Product feasibility studies
- Legal and policy horizon scanning
- Business and legal team training
AI contracting and supply chain
- Template AI contracts / provisions, guidance and playbooks
- Agreement review and repapering
- Supplier risk management
AI investments and collaborations
- AI-focused M&A and investments, including due diligence
- AI-focused joint ventures and collaboration agreements
AI litigation and enforcement
- Litigation and disputes including IP, product liability, antitrust, employment and contracts
- Proactive and reactive regulatory engagement
- Incident response including data breaches and system malfunctions
- Internal investigations
- Crisis and reputation management
