Asia Legal is excited to share the Chartered Institute of Arbitrators’ latest guideline on the use of Artificial Intelligence (AI) in arbitration. This document addresses the integration of AI tools in arbitration, highlighting both the benefits and potential risks.
Key highlights include:
1- Efficiency and Quality: AI tools may streamline legal research, data analysis, text generation, evidence collection, translation, transcription, and case outcome prediction, potentially increasing the overall effectiveness and predictability of arbitration.
2- Risks and Challenges: The guideline underscores critical concerns such as confidentiality breaches, data security vulnerabilities, algorithmic bias, due process implications, the “black box” nature of AI decision-making, and the enforceability of arbitral awards in light of evolving legal frameworks.
3- General Recommendations: Parties and arbitrators are encouraged to conduct thorough due diligence on AI tools, balancing their benefits against procedural, ethical, and environmental risks.
4- Arbitrators’ Powers: Guidance on arbitrators’ authority to regulate AI use and ensure the integrity of proceedings.
5- Templates: Includes templates for agreements and procedural orders on AI use in arbitration.
This landmark publication aims to empower arbitration practitioners to harness AI responsibly, safeguarding the integrity, fairness, and legitimacy of dispute resolution in a rapidly evolving technological landscape.
Asia Legal is committed to keeping you informed on pivotal developments shaping the future of arbitration and legal technology.
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Asia Legal – Business Law Firm
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