A Recap from the 40th IBA International Financial Law Conference
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Navigating the future of legal AI. At this year’s 40th International Financial Law Conference, hosted by the International Bar Association in Oslo, Saga’s Mille Garmann joined a panel of legal and technology professionals to explore the evolving role of AI in financial legal practice. The session, “From Clerking to Coding: The AI Revolution in Legal Practice”, was part of the Young Lawyers’ Programme and brought together perspectives from law firms, financial institutions, and AI providers including Harvey.
Held at Advokatfirmaet BAHR, the panel focused on how AI is currently being used in practice, particularly within banking, capital markets, and securities law. Topics ranged from onboarding and training strategies to the broader implications of explainability, ethics, and human oversight in a regulated context. As the conversation turned to adoption and trust, Mille emphasized the importance of building systems that lawyers can engage with meaningfully:
If lawyers are expected to rely on AI in high-stakes settings, the tools need to be transparent. It’s not enough to avoid a ‘black box’ - we need a glass box, where users understand how outputs are generated and where they come from. That’s what builds trust. But even the most transparent tool is only useful if it’s actually adopted. Structured, ongoing training is what makes that possible.
The panel also examined how young lawyers are uniquely positioned to support responsible adoption. Often more comfortable with digital tools, younger professionals are helping firms identify use cases, raise internal questions, and promote new workflows. But panelists agreed that top-down support remains critical: without a culture that encourages experimentation and continuous learning, meaningful adoption can stall.Legal AI continues to evolve rapidly, and the session underscored that the conversation is no longer about if these tools will be used, but how they will be implemented responsibly and effectively. Knowledge-sharing forums like this one are essential to navigating that path.Saga thanks the International Bar Association, the organizers, and fellow panelists for facilitating such a timely and collaborative discussion. Sharing perspectives across roles and jurisdictions remains key to ensuring AI strengthens - not fragments - the legal profession.
