Last week, Accuracy had the privilege of sponsoring the 5th Global Conference of the Co-Chairs’ Circle – The Future of International Arbitration – hosted by DIS40.
Our director Maren Burtoft had the opportunity to co-moderate two workshop sessions with Markus Altenkirch around the impact of AI on arbitration. Will AI make fact finding, legal assessments and quantum analysis better or obsolete? For Maren, the debate on the topic was very lively, clearly igniting many passions: “The consenus was that AI is already affecting the way we work, and it will continue to bring efficiency gains in the near future, for example in the field of document summary/review, drafting standard documents, automatic transcripts and live translation. At the same time, given that a dispute primarily centres on human relationships and trust, there were few concerns among the workshop participants that the work of arbitration practitioners will be replaced by AI in the more distant future.” We would like to thank the CCC24 committee for organising this spectacular conference, which combined insightful discussions on the future of international arbitration with a wonderful networking opportunity.