Alex Hamilton created Radiant Law in 2009 to challenge the legal industry in two key ways:
He also wrote the book "Sign Here" (https://www.radiantlaw.com/book), where he explains how he accomplished these goals.
In this episode, we dive deep into the current utilization of AI in the contracting process and explore the key additions in the second edition of his book. Alex emphasizes the importance of focusing on relationships rather than just the contract itself and highlights the need for a repeatable contracting process, automation, and continuous improvement. He shares how he was able to achieve this in his company.
We discuss how AI is being used in the contracting process for tasks like extracting information from contracts and reviewing the other party's paper. We debate how to balance AI and traditional contracting methods and the role of behavior in contracting. Alex shares a three-step process for improving contracting: making the process repeatable, adding automation, and continuous improvement. Finally, we talk about the future of contracting with AI, focusing on simplifying processes, reducing negotiations, and creating more value for all parties involved.
Main takeaways:
Timestamps:
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