Compliance and artificial intelligence as law firms’ priority

Nearly 70 lawyers from 27 jurisdictions have gathered in Warsaw as part of the annual, two-day spring conference of the Trans European Law Firm Alliance – a European network of independent law firms – to explore and discuss issues in the area of ​​compliance and artificial intelligence used in lawyers’ work.

Speaker in the debate on artificial intelligence used in the work of lawyers, Marcin Zręda, Strategic Director of the Legal Services Market and Enterprises inWolters Kluwer, made a short summary of the second day of the conference:

Issued touched upon on the second day of the conference concerned the use of artificial intelligence in compliance management. Marcin Zręda, Strategic Director of the Legal Services and Enterprises Market in Wolters Kluwer Polska, was one of the panel participants. He pointed to a great need for transparency in compliance management in companies.

– In the debate, we put at least a few open questions, for which there are still no good answers today and therefore they are worth discussing. We wondered to what extent the artificial intelligence is just a slogan that causes a faster heartbeat for a potential investor and by how much it will be an actuall element of the lawyer's work environment in just a moment – explains Zręda. He adds that according to recent studies only 60 percent of start-ups in the European Union declaring themselves to be using artificial intelligence actually do. – Once again, we tried to bust the myth of replacing a lawyer by a robot – here, a fragment of the discussion covered the concept of bias of artificial intelligence, to what extent is it threatening, if and how we can minimize it. The last of the interesting topics discussed during the panel was the so-called blackbox problem; what if we want to learn about the ‘thinking’ of a machine, which has made a specific decision, whether we can look ‘under its hood’ and understand something – says Zręda.

The article is available at: https://www.prawo.pl/prawnicy-sady/compliance-w-firmach-konferencja-telfa-warszawa-2019,435683.html