Topic

AI in your contracts

Using AI in your service, selling AI to clients, and who is liable for what it does.

Blog

7 Vital AI-Specific Contract Provisions for Managed Services Providers

As the landscape of business services continues to evolve, the integration of Artificial Intelligence (AI) into managed services is becoming increasingly prevalent. With this integration comes a unique set of challenges and considerations that both service providers and their clients must address in their contractual agreements. In this article, we’ll delve into seven crucial AI-specific [ ]

Rob Scott Apr 9, 2024
Podcast

AI Expert: Legal Profession Needs Guidelines and Training to Use AI Properly

Robert Scott highlighted the importance of having rules and thorough education when using AI in the legal industry. Listen to the discussion at statebroadcastnews.com.

AI Expert: Legal Profession Needs Guidelines and Training to Use AI Properly Mar 12, 2024
Blog

A Transformative Landscape in Legal Technology: From the Past to AI-Powered Future

The modern digital era, ripe with unparalleled technological evolutions, is remolding our perceptions and expectations at a pace once thought inconceivable. Among all the sectors witnessing this metamorphosis, the legal sector, long viewed as the stronghold of traditionalism, is both an architect and subject of these groundbreaking shifts. Read Robert Scott’s Article in the March [ ]

Rob Scott Mar 1, 2024
Blog

How SaaS-Enabled, AI-Powered Platforms Are Transforming Legal Services

Discover how innovative AI tools and SaaS-enabled platforms transform the legal services industry. Robert Scott, co-founder and chief innovator of Monjur, writes about how businesses are embracing digital transformation. The legal service industry is not exempt; AI is now driving changes and introducing new solutions with significant implications. Read full article at spiceworks.com.

Rob Scott Jan 25, 2024
Podcast

The Future of Law: Why You Need to Embrace AI in Your Legal Practice | Robert Scott

Robert Scott, founder of Monjur, joins the Mentors Collective podcast to make the case that contracts are not optional for IT and software businesses. He walks through a real data-loss case involving a RAID failure that wiped out tax returns for three CPA firms, explaining how a limitation-of-liability clause capped damages that otherwise could have shuttered the provider. He also covers why generic templates and DIY ChatGPT contracts are dangerous without legal expertise to catch errors. Scott explains how Monjur's contracts-as-a-service model delivers attorney-curated, dynamically updated agreements at a fraction of traditional legal costs by spreading fees over three years and using AI to accelerate review and redlining. He argues AI will democratize legal services but only when paired with experienced lawyers who know when the output is wrong.

The Future of Law: Why You Need to Embrace AI in Your Legal Practice Oct 24, 2023