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3. Why Is Technological Competence in Arbitration Important from a Legal and Financial Point of View?

  • 2023
  • OriginalPaper
  • Chapter
Published in:
Author
Katia Fach Gómez
Published in
The Technological Competence of Arbitrators
Publisher
Springer International Publishing

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Abstract

The chapter delves into the significance of technological competence in arbitration, emphasizing how it aligns with the goals of fairness, rapidity, and economy in legal proceedings. It highlights the benefits of technology in improving legal productivity, enhancing efficiency, and minimizing errors. The text also discusses the growing reliance on technology in legal research and decision-making, as well as the potential challenges and ethical considerations that arise from its use. The chapter concludes by exploring the future implications of advanced technologies like AI in arbitration, including both the opportunities and the risks they present.
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previous chapter What Is Technological Competence in the Current Arbitration World?
next chapter Who Has to Be Technologically Competent in Arbitration?
Title
Why Is Technological Competence in Arbitration Important from a Legal and Financial Point of View?
Author
Katia Fach Gómez
Copyright Year
2023
Book
The Technological Competence of Arbitrators

Print ISBN: 978-3-031-11680-3

Electronic ISBN: 978-3-031-11681-0

Copyright Year: 2023

DOI
https://doi.org/10.1007/978-3-031-11681-0_3
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