Bristol-headquartered national law firm TLT has launched a digital tool designed to help organisations better understand how they can harness the power of artificial intelligence (AI).
TLT AI Navigator is designed to guide organisations through the complexities of AI adoption, governance and compliance while allowing them to gain deeper insight into AI best legal practice and get recommendations tailored to the relevant stage of their AI journey.
It will also give in-house legal teams, data protection officers, chief procurement officers, privacy teams and other leadership roles an indication of how effectively they are navigating the regulatory and ethical challenges of AI adoption and integration.
TLT said the tool aims to evaluate an organisation’s AI readiness from a best practice and legal perspective across six critical areas – governance, data and ethics, intellectual property, vendor management, strategy and talent.
TLT technology, IP and data team partner Michelle Sally, pictured, said: “TLT AI Navigator will support organisations on their AI journey, helping them take a more strategic approach to AI adoption – painting a clear picture of the critical areas to focus on, breaking them down into specific actions and helping them to make informed decisions.
“We believe it will provide valuable support for any business that is using or is thinking of using AI technology, helping to mitigate risks, navigate the legislative and regulatory hurdles ahead and use it to their advantage.”
TLT said the tool was a central part of its strategy to focus on anticipating and delivering against future client needs and prioritises, transforming the way the firm delivers for clients.
TLT data privacy and cybersecurity team head Gareth Oldale said the widespread adoption of AI technology was moving faster than governance frameworks, policies, procedures and training and the law, leaving employers open to risk.
“To reap the well-documented benefits of AI, it’s important organisations take a strategic approach to how and when it is implemented, to be respectful of the law and mindful of their legal and non-legal ESG commitments.
“Our expert insight into the frameworks surrounding AI technology, borne from our work with regulators, policy makers, tech vendors and in-house legal teams, enables us to take a bird’s eye view on AI implementation and to offer strategic guidance on best practice when it comes to adopting AI technology.”
TLT has more than 160 partners and employs around 1,600 people across its offices in Bristol, London, Manchester, Birmingham, Glasgow, Edinburgh and Belfast, as well as a specialist ship finance team in Piraeus, Greece.