Author(s): Mayuri Y Chude and SU Shyam Kumar

Abstract: The usage of AI in the field of arbitration is an evolving field of law. Different AI tools are now used in arbitration and AI seems to be helpful in arbitration process. Results of the present study shows that AI can result in best arbitration award and it can reduce the time period of arbitration process. The study also reveals that arbitration is presumed to be accurate by engaging the AI tools. Certain sect of legal professionals are of the opinion that using AI in arbitration has got certain risk factors associated with it and employing AI in arbitration may compromise the ethical values of the society if not monitored properly. This study also opines that adequate training of the legal fraternity is necessary to get them equipped with the application of AI tools for its effective implementation in the field of arbitration.

Pages: 09-12 | Views: 127 | Downloads: 72

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