HR + Technology Law Hotline: Using AI Tools To Manage Intellectual Capital – Legal and ethical considerations

As Artificial Intelligence (AI) pervades the Human Resources (HR) system, how prepared are organisations and the HR function itself? A growing number of first-mover companies are deploying AI-based tools, largely in talent recruitment, performance management, development and compensation. While this augurs fascinating opportunities for the HR function to raise its efficacy, impact, agility and effectiveness, it will need a strong foundation based on legal and ethical considerations, apart from a robust framework for strategic, functional and transformation management.

In the cover feature of HR.com’s HCM Excellence Magazine (APAC & Middle East, November 2020), NDA’s Aaron Kamath, Nanda Majumdar and Vikram Shroff expound on ‘Using AI Tools to Manage Intellectual Capital - Legal and Ethical Considerations’. The article examines Legal Aspects around talent, including determining liability, privacy and data protection, IP and employee benefits, as well as Ethical and HR strategies that companies need to take cognizance of if they are to reap the best benefits.

Clearly, adoption of AI in Human Capital management will involve a complex transition. So, a learning and evolutionary mindset is essential to steer this into perfect form and substance.

A must-read for the HR Leaders and Managers, C-Suites, and Technology experts, besides Legal professionals, seeking a well-integrated path to AI-driven excellence in People management.

(The article can be accessed at the link below)

Benchmark Litigation Asia-Pacific: Tier 1 for Government & Regulatory and Tax
2020, 2019, 2018

Legal500 Asia-Pacific: Tier 1 for Tax, Investment Funds, Labour & Employment and TMT
2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012

Chambers and Partners Asia-Pacific: Band 1 for Employment, Lifesciences, Tax and TMT
2020, 2019, 2018, 2017, 2016, 2015

IFLR1000: Tier 1 for Private Equity and Project Development: Telecommunications Networks.
2020, 2019, 2018, 2017, 2014

AsiaLaw Asia-Pacific Guide 2020: Ranked ‘Outstanding’ for TMT, Labour & Employment, Private Equity, Regulatory and Tax

FT Innovative Lawyers Asia Pacific 2019 Awards: NDA ranked 2nd in the Most Innovative Law Firm category (Asia-Pacific Headquartered)

RSG-Financial Times: India’s Most Innovative Law Firm
2019, 2017, 2016, 2015, 2014

Who’s Who Legal 2019:
Nishith Desai, Corporate Tax and Private Funds – Thought Leader
Vikram Shroff, HR and Employment Law- Global Thought Leader
Vaibhav Parikh, Data Practices – Thought Leader (India)
Dr. Milind Antani, Pharma & Healthcare – only Indian Lawyer to be recognized for ‘Life sciences – Regulatory,’ for 5 years consecutively

Merger Market 2018:Fastest growing M&A Law Firm in India