24 March 2021, 16:00 - 18:00
At this event, Dr Felix Steffek explores the impact of artificial intelligence on the way disputes are solved in court or between parties.
He will report on the first ever competition between an artificial intelligence and commercial lawyers to predict the outcome of real disputes. Use cases for artificial intelligence in dispute resolution will be explored against the background of recent research applying machine learning to legal problems.
The presentation will also critically examine new challenges. How shall we deal with the risk that artificial intelligence may be biased? Are there solutions to the ‘black box problem’, i.e. the difficulty to determine the factors advanced algorithms use to determine results? Finally, an ethical perspective will be taken to discuss the advantages and identify the risks artificial intelligence creates for conflict solution.
Felix is a University Senior Lecturer at the Faculty of Law of the University of Cambridge and a Director of Studies at Newnham College. He serves as Co-Director of the Centre for Corporate and Commercial Law (3CL) and has been awarded a JM Keynes Fellowship in Financial Economics by the University of Cambridge. Hisresearch interests cover corporate law, insolvency law, commercial law, dispute resolution and technology & law.
Felix is a Member of the Editorial Board of the Journal of Corporate Law Studies, the Cambridge Yearbook of European Legal Studies and other academic journals. He is a Member of the Education Taskforce of the UK LawTech Delivery Panel and a Co-investigator of a UK-Japanese research project on Artificial Intelligence and Legal Systems. He has acted as policy advisor and expert for the European Commission, the European Parliament, the World Bank, the OECD, national governments, courts, parliaments and LawTech start-ups. He received his education at Cambridge (LLM), Heidelberg (PhD, undergraduate) and Hamburg (Habilitation, court clerkship).