Source: Dentons
Dentons has leveraged generative AI to simplify contract automation. The Firm has trained LLM (Large Language Model) to understand the coding language of Contract Express and created a bot that can automate coded templates with a natural language prompt.
The bot is being piloted in Continental Europe, where a group of Dentons lawyers has access to the prototype so that they can automate documents themselves with no programming or technical skills and minimal training. Using a single prompt, the bot generates a coded template which is compatible with Contract Express, which in turn produces a formatted first draft and provides suggested questions to be asked in the questionnaire. The output then needs to be exported to Word to be reviewed and quality controlled by the lawyer.
Břetislav Šimral, Director of Innovation and Intelligence, commented, “To enable Contract Express to automate documents, it is first necessary to create the template. Traditionally this template development was done by a member of our Innovation team or a specially trained practice development lawyer and could take up to a day or two to create. By combining Contract Express with the AI capabilities of our new bot, we can decentralize document creation and empower any lawyer to create templates in a matter of minutes.”
Read the full article: https://www.dentons.com/en/about-dentons/news-events-and-awards/news/2024/september/dentons-launches-ai-powered-contract-automation-bot
