Unreliable data could turn AI dreams into costly nightmares
With the hype around artificial intelligence and despite its high-profile failures and misuses, it’s clear the global financial sector has plenty of interest in AI, especially in hopes of finding yet another way to outsource low-complexity work. Many large financial firms have set up special departments to explore and lead the introduction of the technology in its various product offerings.
Simone Schmitt appointed as counsel at Clifford Chance
Law firm Clifford Chance has appointed Simone Schmitt as counsel in its corporate practice in Luxembourg. Schmitt joins the firm from Linklaters, where she had been for more than seven years.
Schmitt is a qualified lawyer in Luxembourg and has extensive experience in advising multinational clients on acquisitions, restructurings and joint ventures. She is an expert in managing transactions for private equity players in Europe and the United States, the firm said.