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David Wakeling

Partner

Email

david.wakeling@aoshearman.com

Phone

+44 20 3088 3251

Offices

London

V-CARD
David is Global Head of Markets Innovation Group (MIG), a group of lawyers and developers who are focused on the creation of innovative solutions for clients to meet large-scale legal and regulatory challenges.

David advises some of the largest companies in the world on the safe deployment of AI in their businesses and is regarded as one of the leading AI lawyers in the world.
 
He is also leading A&O Shearman in the development of its AI strategy and chairs the AI Steering Committee, playing a pivotal role in the firm's deployment of generative AI.
 
Under David's leadership, ContractMatrix was developed by the firm, a system that uses AI to enhance contract drafting, review and analysis. This involved the first ever collaboration to develop a software product between a law firm and Microsoft. This system is used extensively within A&O Shearman and also by clients. The firm also became the first law firm in the world to deploy generative AI via Harvey.
 
These innovations received widescale coverage in press, including the Financial Times and other leading international publications.
 
David co-chairs A&O Shearman's Race and Ethnicity Committee.

Experience

Representative matters

Various leading global institutions on the transition to new rates (LIBOR).

Devised BrexitMatrix, a system designed to implement a large financial institution’s Brexit strategy, covering core areas of a business, including lending, derivatives, stock lending, clearing and repos.

Devised Margin Xchange, a collaboration between A&O, IHS Markit™ and SmartDX™. Margin Xchange™ delivers an online platform to the derivatives market to aid with compliance with Initial Margin regulations. The platform drives greater cost and time efficiency in the process for agreeing documents and treats derivative documents as data, by using a document format that is human and machine readable.

Various leading global financial institutions on the regulation of derivatives (EMIR Regulation). 

Pro bono

David is a founder and trustee of Alice’s Arc, a children’s cancer charity and has advised on its incorporation, its governance and on certain areas of EU law relating to drug trials.

Published Work

  •  “Generative AI and Legal Risk” as a chapter of “Cyber Security: Law and Guidance (2nd Edition)”, London: Bloomsbury, publication end 2024

Speaking Engagements

  • Media interview, The Economist, Don't fear an AI-induced jobs apocalypse just yet, March 2023
  • Media interview, The Wall Street Journal, How Can Companies Use Generative AI? Here’s an Early Adopter, May 2023
  • Media interview, Politico, How Lawyers Use AI, May 2023
  • Media interview, Wired magazine, Generative AI is coming for the lawyers, February 2023
Recognition
“David was shortlisted as one of the most Innovative Lawyers in Europe by the Financial Times.”
“He was picked as a "Rising Star" of up-and-coming executives under 40 in finance by Financial News, a Dow Jones publication.”

Qualifications

Admissions

Admitted as solicitor, England and Wales, 2003

Academic

Oxford University AI Artificial Intelligence Programme, 2023
BA (Hons), Law, University of Southampton, 1999
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.