"Have you ever received a long and complex document that you needed to sign via Docusign? Did you take the time to read and understand all the finer legal points? No? I didn't think so. Often such documents are steeped in complicated and confusing legalese, challenging us to interpret them. Now, Docusign has a new AI-powered feature that strives to help."
"Launched on Tuesday, DocuSign's new contract-specific AI aims to cut through the legal jargon in contracts, forms, and other documents so you can better understand what you're signing before you sign it. With this goal in mind, the AI in the latest version of eSignature serves up a simple summary of the agreement with all the key terms used throughout. You can also ask the AI specific questions, such as "What happens if I need to cancel the agreement?" or "When does this contract expire?""
"And there's more. Beyond assisting document signers, the AI is also there to help document creators. Endeavoring to put together all the text, the fields, the formatting, and the other parts of a form can be challenging. Here, the AI tries to automate the process by identifying different types of agreements, confirming the recipient details, and putting the signature and information fields into the right places."
DocuSign introduced a contract-specific AI within eSignature that generates plain-language summaries of agreements and highlights key terms to help signers understand what they are signing. The AI accepts natural-language queries about specific contract points, such as cancellation procedures and expiry dates. The tool also assists creators by automating form preparation: identifying agreement types, confirming recipient details, and placing signature and information fields correctly. The goal is to reduce manual agreement preparation time and minimize signer confusion and delays. Users are advised to verify AI-generated information before relying on it for legal decisions.
Read at ZDNET
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