Imagine it’s the year 2040. Corporate disputes are no longer
resolved by lawyers. Instead, artificial intelligence (AI) records
the facts from available data, automatically prepares the
necessary legal documents, and sends them to the opposing
party and the court. The general counsels of the companies
involved in the dispute are disappointed that human judges
still decide their cases, which slows down resolution and
unnecessarily increases costs. However, soon AI will also be
permitted to deliver judgments.
Such a future is not impossible. AI is changing the world
and the way we work. Its influence on dispute resolution is
constantly growing. Although we are still far from the scenario
described above, using or not using AI is already significantly
impacting how dispute resolution is carried out, affecting
factors such as efficiency and costs.
This article was first published in Reuters Legal News and is reproduced with the permission of the publishers.
