Digital Technology, Future Lawyers and the Computable Contract Designer of Tomorrow

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This article explores the shifting character of contract design in the digital revolution, focusing on how emerging technologies are providing the contracting community with innovative new digital tools and resources that facilitate the creation of more user-friendly contracts. We identify emerging technologies that strive to deliver a smoother experience for both the creators and users of contracts. As a result of these technologies, we can imagine a future where contracts will not only be legally and operationally functional, but also code-based, interoperable across platforms, and built from library-stored modular components that utilize no- or low-code functionality. To remain relevant in this new environment, contract lawyers must operate as ‘relationship engineers’ who facilitate collaboration between different stakeholders with diverse expertise in multi-disciplinary teams comprising technology, business, and legal perspectives. The ‘computable contract designer’ of the future will be a key player leveraging the opportunities of digital technology to deliver the user-friendly contracts of tomorrow.
Original languageEnglish
Title of host publicationResearch Handbook on Contract Design
Number of pages23
Place of PublicationCheltenham
PublisherEdward Elgar Publishing
Publication date2022
ISBN (Print)1839102276
ISBN (Electronic)9781839102271
Publication statusPublished - 2022

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