Thursday, January 26, 2023
AI Contract Drafting
I feel like I have to revisit this story anew every couple of years. Over a decade ago, companies were offering AI solutions to contracts drafting problems. Software has long been available to help attorneys draft often very specific types of contracts. Now, a company (or product) called Spellbook is offering to do so using GPT technology. I imagine the technology is only getting better.
It seems pretty impressive. I think I will let them tell their own story. One thing I like about this video is that it is clear (or at least it should be) that this is a tool for attorneys. It offers language, but only an attorney or extremely knowledgeable business person would know whether the language was any good.
Hat tip to Elizabeth Winston.
https://lawprofessors.typepad.com/contractsprof_blog/2023/01/ai-contract-drafting.html
Wow. How do professors of contract drafting acknowledge this phenomenon? This seems to portend widespread obsolescence of a major attorney function, reducing it to editing and revision.
Posted by: Sidney DeLong | Jan 26, 2023 12:28:21 PM