Reimagining Contracts for the AI Era: Inside SpotDraft’s Playbook | Inside the Engine Room

Contracts are the backbone of every business, every dollar in or out is tied to one. Yet, they remain one of the most antiquated, slow, and expensive parts of how companies operate. Legal workflows still rely on copy-paste, track changes, and armies of lawyers billing by the hour. SpotDraft is rewriting this story. By treating contracts as the hardest language problem for AI, one that demands accuracy, trust, and reliability, the company has built a Contract Lifecycle Management platform purpose-built for the AI era. From creating dummy datasets to designing proprietary editors, workflows, and repositories, SpotDraft has reimagined how businesses negotiate, execute, and manage contracts at scale. In this episode, Co-founder & CEO Shashank Bijapur, along with Goutam Kurumella, Head of Startup Solutions Architecture at AWS, takes us inside the journey: why contracts are a unique challenge for AI, how SpotDraft combines general-purpose LLMs with its own specialized layers to cut through hallucinations, and the tough trade-offs of prioritizing long-term product over short-term revenue.