The legal realm has always been one that adapts to encompass the latest technological advancements, and the latest group to acknowledge this truth is the international arbitration community. This year, the Bryan Cave Leighton Paisner (BCLP) Arbitration Survey 2023 presents a fascinating look into how artificial intelligence (AI) and machine learning are infiltrating the sphere of international arbitration.
AI in international arbitration is a broad term that can entail numerous applications, such as document review tools, predictive analytics, and intelligent chatbots. However, nowhere is it felt more profoundly than in the emergent role played by machine learning algorithms in predicting case outcomes and shaping effective dispute resolution strategies.
This year’s arbitration survey maximizes the use of AI in a groundbreaking manner: a generative AI tool was tasked to compose the introductory paragraph of the survey report itself. A move such as this only underlines the profound potential of AI, not just in the realm of international arbitration, but in the wider legal sphere too.
To delve deeper into what the survey reveals, we encourage you to take a closer look at the Full Publication. By examining the entirety of its contents, you will gain a more thorough understanding of AI applications in international arbitration and how it might influence legal practices moving forward.