AI in Corporate Law and Practice

A GLOBAL ONLINE SEMINAR SERIES FROM THE EDITORS OF THE ECGI WORKING PAPER SERIES

AI in Corporate Law and Practice

  • 12 April 2021
  • Online Seminar

The livestream for this event is available at: 

https://www.youtube.com/watch?v=NUA0nMlHJU0

 

The fifth seminar in the ECGI Spotlight Series was held on Monday, 12 April 2021 at 16:00 CEST (10:00 EST).

The seminar focused on two research papers from the ECGI Working Paper Series:

Armour, John and Parnham, Richard and Sako, Mari, Augmented Lawyering (August 21, 2020)

Armour, John and Eidenmueller, Horst G. M., Self-Driving Corporations? (August 25, 2019)

 

ABOUT THIS EVENT

Artificial intelligence (AI) involves the use of computer systems to perform tasks for which humans would ordinarily use their brains. Dramatic recent advances in computer science have triggered considerable interest in the impact AI will have on a range of white-collar contexts. This Spotlight seminar will explore two of these: legal services and corporate boardrooms.
 
The technology underpinning many recent advances in AI is machine learning, which works best when trained by large volumes of data. This helps map the likely use-cases in the foreseeable future: tasks for which there are multiple prior examples that can be used to train a system. It implies a negative claim: neither strategic corporate board decisions, nor bespoke legal services, will cease to be done by humans any time soon.
 
Nevertheless, AI will impact considerably on corporate activities and legal work that are frequently repeated and for which data can be aggregated. This in turn implies that many organisations will face competitive pressure to restructure themselves in order to maximise the benefits of adoption of AI. The deployment of AI systems will be supported by complementary new human roles, involving domain experts and technical experts working together in multidisciplinary teams. Embedding these teams in organisations will be a challenge that corporations—with their hierarchical management structure—will be better placed to deliver than professional services partnerships. Nevertheless, even within corporations, such deployment will entail important strategic questions along with major new ethical and compliance responsibilities. The oversight of these will be an important new work agenda for corporate boards, with implications for their job descriptions and legal duties.

 

The ECGI Spotlight Series is a global online seminar programme highlighting chosen papers from the ECGI Working Paper Series.

Spotlight Team:
Mike Burkart (Editor) | Miriam Schwartz-Ziv | Amir Licht (Editor) | Geeyoung Min
Contact: Spotlight@ecgi.org

Supported by

            

Monday, 12 April 2021 | 16:00 CEST (10:00 EST)

16:05
- 16:30

AI in Corporate Law and Practice

Speakers:
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AI in Corporate Law and Practice

Time:
16:05h
- 16:30h

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Conference Documents

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Panel Discussion

Time:
16:30h
- 16:45h

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16:45
- 16:55

Q&A

16:55
- 17:00

Concluding Comments

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Presentations

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Introductory Remarks

Time:
16:00h
- 16:05h

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AI in Corporate Law and Practice

Time:
16:05h
- 16:30h

Speakers

Conference Documents

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Panel Discussion

Time:
16:30h
- 16:45h

Speakers

Q&A

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Q&A

Time:
16:45h
- 16:55h

Speakers

Concluding Comments

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Concluding Comments

Time:
16:55h
- 17:00h

Speakers