A tidal wave of groundbreaking, emerging technologies is transforming all aspects of business, including data analytics, machine learning, natural language processing and other types of artificial intelligence (AI); smart contracts; the Internet of Things (IoT); digital media; and blockchain. These technologies present client opportunities and challenges that, in turn, require rigorous analysis and careful evaluation of practical uses and the accompanying range of potential legal risks.
Our multifaceted approach to the use of emerging technologies by and for our clients utilizes tech-savvy attorneys and technologists and our innovative IncuBaker R&D team. BakerHostetler is among the nation’s leaders in considering these technological changes and their effects on business and legal practices. Our approach specifically addresses clients’ legal needs and also underpins the BakerHostetler attorneys and professionals who use some of the same emerging technologies for client work and in support of the practice of law.
Few firms have invested as much time and resources into evaluating emerging technologies available to corporate legal departments and their respective businesses. Our investments allow us to maintain a deep understanding of respective technology marketplaces, act as a voice of reason, and partner with our clients to optimize their operations, avoid emerging challenges and help them build businesses with digital foundations.