Michael Pastor. Courtesy photo How Artificial Intelligence Can Be Properly Used by In-House Counsel
With all of AI's potential benefits, and there will likely be more down the line unknown to us, it's imperative to understand the risks inherent in using these tools, a Law Journal guest columnist writes.
April 03, 2024 at 07:07 PM
4 minute read
The use of artificial intelligence by law firms has garnered significant scrutiny over the past year. But the potential benefits and risks of the use of AI tools by in-house lawyers and legal department staff warrant similar reflection. And given the pace of development in the AI space, the time for that reflection is now.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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