Responsible AI Maximizes Potential and Minimizes Risks For Legal Operations

Responsible AI refers to the ethical and fair use of AI technologies. According to LawVu’s Sarah Barker, legal teams who leverage responsible AI maximize its potential and mitigate risks like bias, transparency, and privacy

The responsible use of AI offers several key benefits that are sustainable in the long term. First, it helps manage risk by preventing harmful use and reducing regulatory liability. It also builds trust with stakeholders by demonstrating that AI investments are safe, secure, and reliable. Responsible AI offers a competitive advantage, as companies that adopt AI responsibly see significant revenue growth. Finally, it fosters knowledge sharing across departments, enhancing the overall value of tech investments.

When choosing a vendor for AI-powered legal tech, key factors to look for are accountability, transparency, bias mitigation, security and privacy, and reliability. Vendors should be able to provide AI-specific certifications, policies, and governance documentation on how their AI systems function and safeguard data. 

Internally, legal teams should build a culture of responsible AI use, develop governance policies, and provide ongoing education. They should also identify low-risk AI use cases, such as automating manual tasks, and continuously monitor AI tools to ensure responsible deployment.

Legal teams need to adopt AI tools in alignment with legal, ethical, and organizational standards to ensure that responsible AI maximizes AI’s potential and mitigates risks. By prioritizing responsible AI practices, in-house legal teams can make informed decisions, gain competitive advantages, and ensure the sustainable use of AI in their legal operations.