Contracts
topic on 9 shows · 11 statements across 11 episodes
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11 statements about Contracts, every show
Brown: The legal profession intentionally obscures concepts that are simple English
“And part of that profession is built on intentionally creating confusing, obscuring what things actually mean. Whenever you boil down what's happening within most contracts and most of the law, it's just English. Like you can get to a point where it's pretty s…”
Lauritsen: Lawyers will shift from contract drafting to high-level risk strategy
“Eventually, lawyers will not be nitty gritty about the language of the contracts. They will work a level above, which is maybe like, What's our negotiation stance? Like what risks are we okay? Which ones are we not okay taking? And not sit and type into word.”
Levie: AI slop in legal contracts creates risks code slop never introduced
“If I have an AI model go generate a contract, and I generate a contract 20 times, and, you know, all 20 times, it's just three percent different. And, like, that, I, that, that kind of slop introduces all new kinds of risk for my organization that the code ver…”
Modon: Unlimited Industries prohibits change orders in its contracts
“We literally put, like, no change orders in our contracts.”
Gilbert: All IPL player contracts are standardized three-year contracts
“All contracts are three-year contracts, which really reduces the gaming.”
Doppel converted four LOIs into contracts after hospital prototype tests
“Since starting our company two years ago, we've tested our prototype
In multiple hospitals, we've turned four LOIs into contracts”
Aris Verne: Alfinder generated $150,000 in pilot contract revenue
“We've had contracts. Those contracts total about 150,000 dollars in nine months.”
Bijapur: Legal customers want faster turnaround, not automated contract analysis
“What we realized today is people don't want a system that can read your contracts and tell you What is the good, bad, and ugly? What they really wanted was faster turnaround time on their contracts.”
Boehmig: Legal contracts are the most important business technology ever invented
“So the contract is, I would say, the most important piece of business technology ever invented.”