Applied AI & LegalTech Institute, innovation and adaptation in the legal field

Applied AI & LegalTech Institute, innovation and adaptation in the legal field
Applied AI & LegalTech Institute, innovation and adaptation in the legal field

By E&N Brand Lab for AI & LegalTech Institute

Artificial Intelligence (AI) represents a new challenge for business activity. Along with the great opportunities that its different applications bring, new challenges are also generated, some of them in the legal field. Paul Handal, CEO of Applied AI & LegalTech Institute, believes that generative AI presents significant challenges in the legal sector, mainly related to authorship and intellectual property, as well as ethical and legal responsibility in the generation of content.

“Outside of the more well-known applications like ChatGPT and image generators, there are several legal risks associated with the use of AI. One of the main ones is privacy and data protection,” he says. The expert adds that AI systems can collect, store and process large amounts of personal information, which raises concerns about the handling of data and who has access to it, such as the use of AI in healthcare, where sensitive patient data may be at risk if adequate safeguards are not implemented.

LEGALTECH, THE NEW ENVIRONMENT

Handal acknowledges that the legal sector must adequately prepare for the technological leap and that the key is learning and adaptation. “We cannot just stick to what we learned at university, that is clear. First, it is essential to become familiar with new technologies, especially those that are transforming the legal sector, such as AI,” he said. In that sense, seminars, webinars and conferences on legaltech are a good starting point, but he highlights more articulated alternatives such as Applied AI & LegalTech Institute, which has a platform where you can learn from the best in the field.

The expert adds that entities such as the Technological University of Honduras (UTH) already collaborate with the Applied AI & Legaltech Institute. “They have realized that the world is changing rapidly, and legal education cannot be left behind. Therefore, they have decided to lead this initiative in Honduras, effectively integrating legaltech and AI into their academic programs,” he said.

He adds that they are investing in technological laboratories and platforms so that their students can have practical experiences with the tools they will use in their professional lives.

OPPORTUNITIES AT THE DOOR

Handal said that in countries like Honduras there are already law firms and legal departments that analyze in detail the risks and opportunities of AI beyond the noise caused by the novelty of the tools.

“A notable example at an international level is Repsol, in Spain, which announced the incorporation of AI in its legal department. The results they have achieved are surprising: they have managed to automate complex processes, improve efficiency and reduce human errors. These types of cases show that, when implemented correctly, AI can be a powerful ally,” he concludes.

If you wish to attend the webinar “The digital transformation of the legal sector in Latin America”, to be held on July 11, you can register here: https://www.appliedlegaltech.com/details-and-registration/the-digital-transformation-process-of-the-legal-sector-in-latin-america

 
For Latest Updates Follow us on Google News
 

-

PREV Archaeologists found a chest that could reveal centuries of mysteries of human history – Teach me about Science
NEXT La Rioja approved a constitutional reform: what are the main changes?