AI presents an important governance challenge for boards, with directors increasingly required to oversee its adoption and use across their organisations. AI does not create new duties or alter existing ones in the UK or the US, but it does change the context in which directors exercise those duties and how they are discharged in practice.
What we will cover
- How the Companies Act 2006 duties apply to AI, particularly promoting the success of the company, independent judgment and reasonable care, skill and diligence.
- Why directors need a working understanding of material AI deployments, and the risks of uncritical reliance on AI outputs, including at board level.
- How risks differ across machine learning, generative AI and agentic AI, and how they evolve and spread across the business.
- The key contrasts between the UK and US approaches.
What you will take away
Practical steps for directors in the UK and the US covering accountability and governance, risk assessment, monitoring, testing and audit, human oversight and documentation.
*CLE credit is not available for those who watch a recording of the webinar.
WilmerHale has been accredited by the New York State and California State Continuing Legal Education Boards as a provider of continuing legal education. This program is being planned with the intention to offer CLE credit in California and non-transitional credit in New York. This program, therefore, is being planned with the intention to offer CLE credit for experienced New York attorneys only. Attendees of this program may be able to claim England & Wales CPD. WilmerHale has been approved as a Colorado Certified Provider, as recognized by the Colorado Supreme Court Continuing Legal and Judicial Education Committee. We will apply for Colorado CLE (after the program) if requested. The type and amount of credit awarded will be determined solely by the Colorado Supreme Court. New Jersey grants reciprocal credit for programs that are approved in New York. We can also issue Connecticut credit. All attendees, regardless of jurisdiction, will receive a uniform certificate of attendance that shows the states in which the program was approved. Attendees who need credit in another jurisdiction can use the uniform certificate of attendance to self-apply. CLE credit is not available for on-demand webinar recordings.