- Rockin’ Patent Application: US Patent Application 2022/0229860 A1
- Filed: 25 October 2021
- In the name of: Creative Intell Inc
- Title: Method Of Guided Contract Drafting Using An Interactive Chatbot And Virtual Assistant
- What’s claimed: “A method of providing a virtual assistant in aiding collaborative digital contract drafting comprising: initiating, in response to an input at a client device, a collaborative digital contract drafting process aided by a virtual assistant, wherein a finalized digital contract comprises a plurality of clauses that is digitally executed by at least two user accounts; when the collaborative digital contract drafting process is in a drafting phase: sending, via the virtual assistant, a prompt from a process database to the client device; receiving, via the virtual assistant, a response and initiating a user command based on the response; and sending, via the virtual assistant, the response to a drafting module, when the response selects a template from a contract database or modifies a clause of a digital contract; when the drafting phase is complete and the collaborative digital contract drafting process is in a negotiation phase: sending, via the virtual assistant, the digital contract to the at least two user accounts; receiving, via the virtual assistant, revisions from the at least two user accounts via the virtual assistant; and updating the digital contract based on the revisions; and saving a finalized executed copy of the updated digital contract digitally executed by the at least two user accounts.”
- Why this patent application rocks: This patent application appears to relate to a method for AI-powered contract drafting, which may be involved in music tech startup Creative Intell Inc’s development of legal solutions and education for musicians. Steven Ship, the co-founder, says that “everything in music has been democratized except for the legal process…for too long, artists have been left in the dark about how their deals are structured and function.” Backing the startup, entertainment lawyer Mac Reynolds explains that “by combining access to concise teaching tools with powerful, intuitive contract-creating software, Creative Intell empowers artists to avoid bad deals and, more importantly, take control of their future. Gone are the days of keeping artists in the dark about their rights and options.” For more information, see here.
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The information above is for general interest and information only and does not constitute legal advice.
