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Vendors warn that the days of lax AI rules for legal tech are fleeting—and some in the industry aren't prepared for stiffer requirements.
May 13, 2021 at 01:00 PM
1 minute read
The original version of this story was published on Legaltech News
Legal tech providers should be relieved that the European Union’s proposed high-risk artificial intelligence regulation doesn’t largely apply to their sector. However, the days of loose legal tech regulation are likely numbered.
Legal tech companies noted the EU’s document hints to an evolving AI regulatory approach that will eventually regulate their industry and bring with it increased costs and potential privacy risks.
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