The Human Touch - AI's Role In Commerce - The Visionaries

The Productivity Paradox: Does more technology mean less growth?

Is there scope to use AI in commercial contracts? Will it save time, or ultimately cost more time in review and pose greater risk?

Based on current AI models, the conceptual difference is marginal between using a template from an online precedent library and asking a junior associate to insert some of the basic information for review by a partner vs letting AI do that work.

Both require senior legal review.

Is technology making due diligence easier or harder? Is the volume of available data overwhelming or useful?

• Technology can make due diligence easier in terms of cataloguing documents in a coherent manner at speed.