Most companies think they have a handle on AI. Most don’t.

Compliance attorney Michael Volkov has sat across the table from Fortune 500 compliance teams, major law firms, and Berkshire Hathaway subsidiaries — and what he keeps finding is “shadow AI”: people using AI at work that leadership has no idea about. In this conversation with host Collin McKee, he breaks down where the real legal risk lives, how to protect your business, and why the smart move isn’t to slow down — it’s to deploy AI the right way.

We get into:

“Shadow AI” — why your team is already using it and what it exposes you to

The vendor due-diligence checklist before you sign with any AI provider

Why AI hallucinations are a liability you can be sued over

HR, hiring bias, and high-risk algorithmic decisions

Writing an AI acceptable-use policy that protects you without slowing you down

The EU AI Act, litigation risk, and AI insurance

Why you won’t be replaced by AI — but by people who know how to use it

A practical playbook for any business adopting AI, especially law firms and regulated industries.

Chapters

0:00 Why most companies don’t actually have a handle on AI

0:38 The CEO email that shows how NOT to deploy AI

4:09 Shadow AI: a Fortune 100 example

6:42 The real risk — hiring, HR & algorithmic decisions

9:34 Why AI hallucinations are a legal liability

10:03 The vendor due-diligence checklist before you sign

12:50 Why companies still won’t write an AI use policy

16:24 The “double-checking wastes my time” trap

18:39 The EU AI Act, litigation & AI insurance

19:27 What small & mid-size businesses actually need

23:39 You won’t be replaced by AI — but by people who use it

26:19 AI as a force multiplier, not a headcount cut

28:04 Where to find Michael Volkov

About the guest — Michael Volkov

Compliance attorney and AI governance expert. Founder of The Volkov Law Group.

YouTube:    / @volkovlawtv  

Blog & podcast (Corruption, Crime & Compliance): https://blog.volkovlaw.com/

LinkedIn:   / michael-volkov-9716b45  

About Endeavor’s AI

If this episode hit home and your company needs help with implementation, automations, workflows, and the AI infrastructure to do this right — that’s what we do.

Website: https://www.endeavorsai.com/

Instagram:   / endeavorsai  

LinkedIn:   / endeavors-ai