Pain Points and New Demands in AI Contracts

As AI has become a must-have business tool, attention to contract terms is an essential part of managing its risks. Navigating provisions around rights and responsibilities in AI contracts, however, can be tricky given developing and unsettled variables. This article examines five sticking points in AI contracts, key negotiating positions that are emerging and ways to surmount the challenges, with commentary from experts at Baker McKenzie and Orrick, and panelists from Wolters Kluwer and Gilead Sciences who spoke at the recent Privacy+Security Academy conference. See “Key Legal and Business Issues in AI-Related Contracts” (Aug. 9, 2023).

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