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E7 - How Lawyers Are Going to Make Money From AI: TermScout CEO Otto Hanson

Zach Abramowitz is Legally Disrupted

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Revolutionizing Technology Contract Analysis with AI

The chapter explores how TermScout leverages AI to benchmark and certify technology contracts, revolutionizing the negotiation process for B2B, SaaS companies. It delves into the complexity of technology contracts and the challenges in expanding AI capabilities to cover various business contracts, leading to the development of a collaborative platform for global experts. The conversation also emphasizes the shift towards creating AI-operated books for contracts, enabling legal experts to generate passive income and adapt to a subscription revenue model in the legal industry.

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