Source: Above The Law
“ChatGPT did a great job reviewing my software contract. It will save me so much on legal fees from now on!” a business professional, John, recently told me.
John had run a contract between his company and an AI-powered software vendor through ChatGPT and asked it to pull out the top three areas of concern. He then sent everything to his lawyer for review.
“My lawyer agreed with ChatGPT’s conclusions on two issues. She then explained that the third issue was a judgment call,” John said. “Sure, she added a few things, but I think with ChatGPT, I can handle software contracts myself now.”
“Are you worried about the privacy of your agreement? Or liability issues?” I asked…
Read full article: https://abovethelaw.com/2023/08/7-key-considerations-for-lawyers-negotiating-contracts-for-ai-services/
