Artificial Intelligence (AI)

Businesses are facing fundamental changes to the way they operate and how they’re regulated, but AI also offers new prospects for growth. Machine learning can automate and optimize the way companies do business. Our team is adept at helping clients realize these advantages while minimizing risks by designing governance frameworks for addressing intellectual property, data privacy, HR, compliance and liability issues. Strong cross-practice and multi-jurisdictional collaboration allow us to tailor comprehensive strategies to address each client’s specific AI goals.

Many members of our team lead industry organizations at the forefront of developing best practices and working with governmental agencies as AI regulations take shape. And on these high-profile issues where every legal decision sets precedence, we keep a close eye on the courts to counsel clients on proactive efforts they may need to make in light of certain rulings.

Phelps is well-versed in AI implementation considerations for its own business as well. We utilize machine learning tools to develop innovative solutions to enhance our client service. The Phelps Analytics Lab (PAL) develops software tools that can enhance and shape the firm’s operational, staffing and strategic decisions to best meet client needs as they evolve. Our data analysts can efficiently identify patterns and relationships to help drive business and legal decisions.