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by traceroute66
1265 days ago
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I'm sorry, but in the nicest possible way, this is bullshit. Anybody who has been in business-roles that involve reviewing legal documents will tell you that. TL;DR three things: 1. The AI will NOT tell you if it is the right document for the context, only a lawyer will do that
2. The AI is unlikely to correctly analyse the document, clauses in a legal document have inter-relation with each other and with the general context (perhaps even with other legal documents you have previously signed). That sort of analysis is only something a lawyer can do.
3. Perhaps MOST IMPORTANTLY ... with legal documents, often the important thing is not what is IN the document, but what is NOT IN there. Only a lawyer can tell you what is missing in a legal document AND help you get that missing stuff negotiated into it.
Really, I'd run away from something like this as fast as you can. |
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Meanwhile, specifics of the deal and the broader context can also matter, sometime more than the abstractions legal forms tend to deal in. A lawyer may or may not notice those and reason through them.
Paving an AI path over ill-fitting or over-standardized legal terms isn't great for the industry. Neither is reinforcing lawyer monopoly over business knowledge.