On July 22, 2025, Law360 published an article titled “Debevoise Builds Tool to Help In-House Attys Assess AI Risk” that discusses our Suite of Tools for Assessing AI Risk (STAAR), which is designed to help Debevoise clients fast-track their AI adoption. STAAR is a monthly subscription-based platform containing continuously updated AI legal resources, including policies and training materials, governance lessons,…
No one really knows how the large language models (“LLMs”) that power generative AI (“GenAI”) tools like ChatGPT actually come up with their answers to our queries. This is referred to as the “black box” or the “explainability” problem, and it is often given as a reason why GenAI should not be used for making certain kinds of decisions like…
Using AI to make important decisions about individuals carries a risk of bias, especially for underwriting, credit, employment, and educational admission decisions. In this Debevoise Data Blog post, we discuss how a recent settlement by the Massachusetts Attorney General’s Office highlights the risks that can arise in AI-powered lending decisions and ways to reduce those risks. AI Bias and Group…
In a recent Debevoise Data Blog post, we provided a quick guide on selecting the appropriate OpenAI models offered through GPT Enterprise for various legal tasks (e.g., o3 for research, GPT-4.5 for writing, and GPT-4o for image generation). In this follow-up post, we provide a broad overview of the various tools and features that are also available in ChatGPT Enterprise and…
Asset managers are increasingly incorporating AI into critical operations, such as investment, trading, valuation, reporting, and risk management, either through vendor solutions or in their own processes. As with any dependency, asset managers must assess and prepare for potential failures that could result in the need for business and operational responses, as well as potential regulatory notification obligations. Form PF…