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Risk Taxonomy 2026

DEFINITION

The canonical nine-class AI risk classification system for legal functions, versioned at 2026.1. The nine classes are: (1) Hallucination, (2) Data leakage, (3) Model drift, (4) Vendor lock-in, (5) Regulatory non-compliance, (6) Professional conduct exposure, (7) Client confidentiality breach, (8) Shadow AI proliferation, and (9) Accountability dilution. Every AI use case in the legal function is assessed and registered against this taxonomy; every Risk Register entry maps to one of the nine classes. 'Risk framework', 'Risk model', and 'Risk register taxonomy' are forbidden synonyms.

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