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ABA Panel: AI and Metaverse Reshape Legal Landscape with Opportunities and Challenges

February 28, 2024

At the ABA Future Panel on February 22nd, Kathleen Lauster, Senior Managing Director at Ankura Capital Advisors, and fellow panelists analyzed the impact of artificial intelligence (AI) and the metaverse on legal research and insolvency. They discussed how these technologies are revolutionizing case management, research, and insolvency processes through enhanced efficiency and accuracy. The panel highlighted the integration of AI and virtual environments to foster innovative approaches in the legal and financial services industries.

The panel also tackled the challenges and ethical concerns associated with AI and the metaverse, such as data security, work product accuracy, and privacy. Kathleen and her peers stressed the need for professionals to stay informed on recent developments and trends in these technologies to utilize their advantages while remaining cognizant and cautious of the potential risks and ethical concerns regarding commercial applications of AI.

© Copyright 2024. The views expressed herein are those of the author(s) and not necessarily the views of Ankura Consulting Group, LLC., its management, its subsidiaries, its affiliates, or its other professionals. Ankura is not a law firm and cannot provide legal advice.