Partners Jessica Lewis and Josh Geltzer evaluate how Boards of Directors can approach artificial intelligence governance as a core oversight responsibility and a potential competitive advantage. As AI becomes increasingly embedded across business operations and regulatory scrutiny intensifies, the playbook explores how Boards can make timely, appropriately scoped investments in governance to reduce risk, strengthen oversight and position their organizations to innovate with confidence.
Excerpt: “Boards have a legal duty to oversee mission‑critical compliance risks, and artificial intelligence presents a rapidly evolving category of risk that cuts across legal, regulatory, reputational, and strategic considerations. While governing AI can appear complex and burdensome, it also presents a significant opportunity. Boards that make a good‑faith effort to understand how AI is deployed, establish governance structures to identify and escalate risk, and monitor emerging regulatory and peer practices will be better positioned to reduce liability, build trust, and enable responsible AI deployment at scale. When approached correctly, AI self‑governance is not merely a defensive exercise—it becomes a foundation for long‑term growth, innovation, and value creation.”