AI
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Valuation and Treatment of Business Interests on Divorce in England and Australia
The definition of ‘value’ is the present value of expected future net economic benefits to be generated by an asset. This definition alone gives an indication as to the complexities in arriving at a reasonable value of an asset. The complexities when seeking to determine the value of an asset where there is no sale/purchase negotiation underway increase exponentially.
- Journal
- SeparateSpace
- Tech Corner
- Access to Justice
- AI
- Legal Tech
- Innovation
!22/11/2024 06:00
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AI and Family Law
AI has the real likelihood of transforming the practice of family law solicitors more than the major conceptual changes from the Children Act, the seismic shift from White or the speed of response needed from lis pendens of EU law – a transformation which will happen fast even in the slow-moving, conservative legal profession.
- Blog
- AI
!14/10/2024 13:05
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Tech Corner: Ethical AI for Family Lawyers
A conversation between Kay Firth-Butterfield and Rhys Taylor.
- Journal
- Tech Corner
- AI
- Professional Ethics
!01/07/2024 07:00
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Fabricated Judicial Decisions and ‘Hallucinations’ – a Salutary Tale on the Use of AI
The Information Commissioner’s Office defines Artificial Intelligence (AI) as ‘an umbrella term for a range of algorithm-based technologies that solve complex tasks by carrying out functions that previously required human thinking’. There can be no doubt that the use of AI within the legal market is growing rapidly.
- Blog
- AI
!21/03/2024 05:54
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Are You There ChatGPT? It’s Me, Charlotte – ChatGPT, Generative AI and the Law
Readers will probably have heard by now of OpenAI’s ChatGPT. Many of you will have experimented with it, or one of the other available generative artificial intelligence (AI) models such as Microsoft’s Bing. If you have not yet utilised any of these new technologies, you will very likely have read about them. This article is based on my experience with this novel technology, chiefly ChatGPT.
- Journal
- AI
!16/05/2023 12:57
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Mltpl: A New Business Valuation Tool
Business valuations are often associated with high costs, long delays and, in many instances, subjective analysis and unsupported conclusions. Inevitably, questions arise as to their utility, given their inherent fragility.
- Journal
- AI
- Experts
- Automation
- Valuations
- Forensic Accountants
!06/07/2022 07:12