This article explores how the legal and compliance community must assess artificial intelligence systems that are often opaque, rapidly evolving, and deployed across multiple jurisdictions. It analyses key risks – privacy, bias, accountability, intellectual property, and regulatory uncertainty – while highlighting the demonstrable value AI brings to e-Discovery, compliance and governance functions. Practical frameworks for risk-based governance, transparency, and human oversight are provided, alongside insights into the specific risks and benefits of AI in eDiscovery, emphasizing the need for proactive and accountable stewardship to align innovation with justice and the rule of law.