Artificial Intelligence (AI) has the potential to automate repetitive tasks, increase efficiencies, and reduce costs, making it an attractive option to make lawyers and legal staff more productive, and create new roles.

However, AI also challenges our notions of fairness and due process, which are the cornerstones of the rule of law, and essential aspects of international arbitration. In particular, the issue of bias in AI and the lack of transparency and explainability in AI models could affect the validity and reliability of evidence obtained through AI.

Read full article here.

With AI tools about to change the way many lawyers practice, it's only a matter of time until many of their most tedious and time-consuming tasks — such as writing first drafts of legal briefs and conducting legal research — will be done by a bot supervised by an associate, rather than a team of associates.

Read full article here

In a landmark decision, the English courts have taken a firm stance on the enforcement of an arbitration award connected to a crypto-assets dispute, marking a relatively rare occurrence where such enforcement has been denied on the grounds of conflict with UK public policy. This case adds a significant chapter to the burgeoning body of case law in the realm of cryptocurrency disputes, prompting a reevaluation of how the enforcement of arbitration awards intersects with public policy considerations in the financial sector.

This case is noteworthy for its exploration of the regulatory frameworks surrounding crypto-assets and their trading platforms, setting a precedent for how similar disputes might be approached in the future. It underscores the English courts' careful consideration of public policy in the rapidly evolving landscape of cryptocurrency trading and arbitration, highlighting the legal complexities and challenges that come with the territory.

Read full article here