Council Post: How AI Can Help Corporate Legal Departments Survive The Economic Downturn

Eleanor Lightbody is CEO of Luminance, a leading provider of AI technology for document review and legal process automation. As I look ahead to 2023, it feels in many ways that we are entering the year with a similar sense of uncertainty to the one before. Soaring inflation, along with the ongoing conflict in Ukraine and supply chain insecurity, has left the global economy on the precipice of a recession. And as these stresses combine, businesses--and the legal teams that sit at the heart of them--are finding themselves on the front lines of dealing with the growing ramifications. Economic uncertainty is creating an environment of enhanced commercial risk and concern around existing liabilities.