Closing the AI Governance Gap: Exploring Chief LegalX Panel Insights

Venturelegal32

Organizations are moving at breakneck speed to adopt AI yet the governance is having to play catch-up. This is often the case in the public sector but we’re seeing this in the private sector as well.

The data on the state of AI governance speaks for itself.

“As data breaches grow costlier, ungoverned AI creates new risks,” wrote Cybersecurity Dive in July, citing data that the vast majority (92%) of organizations that suffered attacks on their AI models failed to properly control access to those tools.

Likewise, the 2026 State of AI Governance Report from Schellman found that while many organizations have built the foundations needed for AI governance, they are still struggling to operationalize policies, as 90% of organizations were found to have allocated funding for AI governance, yet only 27% describe their governance programs as fully mature.

While ungoverned AI is creating new risks, and as organizations are lacking mature governance programs,  at the same time, organizations are under continued pressure to keep moving fast with AI adoption.

Read the full story

  • Meet Your New AI Assistant

    By Monica Zent | March 25, 2025

    Earlier this year, I wrote here on LinkedIn about the power of agentic AI, predicting that in 2025 the workplace would need to adjust to a whole new kind of worker: Generation AI Agent, as agentic AI continues to transform industries. When PUMA Group released an advertisement created entirely by AI agents. This rapid transformation is…

  • Welcome to Venture Legal: Where Capital Meets Legal Innovation

    By Monica Zent | March 5, 2025

    PitchBook reported in January that “One out of every three VC dollars invested globally in 2024 went to an AI startup.” We are at a pivotal moment, as AI continues to transform industries, including the legal sector, regulatory frameworks, and the broader ecosystem for legal tech innovation. Venture capital is playing a key role in driving…