Join the growing list of companies transforming their contract training with us
Become your team's go-to expert for AI product contracts
AI Contract Essentials is a 2-hour course taught by Laura Frederick and designed to help lawyers and professionals understand how to draft and negotiate AI product contracts. You'll learn how to spot risks specific to AI products and advise your team or client on operational strategies. If you've been feeling intimidated about how to negotiate the new wave of contracts, this is the course for you.
Here's what you'll learn in this FREE course created and taught by Laura Frederick
Lesson 1
What's Different About AI Contracts?
Learn how probabilistic AI tools require different contract strategies, including performance standards, risk allocation, SLA categories, and handling updates.
Lesson 2
Customer Data
Explore the five data types in AI contracts, managing your permissions for training use, and matching data restrictions to the data type and use case.
Lesson 3
Intellectual Property
Dive into IP ownership versus licensing rights, protecting customer inputs and prompts, avoiding hidden IP traps in boilerplate, and preventing model lock-in rights.
Lesson 4
Compliance and Governance
Learn to assess AI compliance obligations, establish governance roles, manage regulatory risk through audit rights, and align compliance structures with business impact.
Lesson 5
Data Security
Navigate data security for different systems and data types, restrict model reuse, implement encryption and access controls, and create breach response plans.
Lesson 6
Support and Operations
Go beyond traditional SLAs to manage model degradation, define shared responsibilities, and handle prompt design, drift, and technical documentation.
Lesson 7
Indemnity, LOL, and Warranties
Navigate warranty limitations for unpredictable outputs, address indemnification gaps in AI contracts, structure liability caps, and coordinate risk allocation for AI product deals.
Lesson 8
Customer-Facing Terms
Learn how to draft customer-facing AI documents, addressing DPA updates, terms of service modifications, and acceptable use policy expansions for AI-specific risks.
Meet Laura Frederick, the creator of AI Contract Essentials
She's a contract expert whom lawyers & professionals turn to for real-world training
Laura spent more than 25 years practicing law around the world, leading commercial deals at Fortune 500 companies like Tesla and international law firms like Morrison Foerster. Since launching How to Contract in 2021, she's delivered hundreds of hours of training to thousands of lawyers and professionals worldwide. Over that same time, she went from 800 to over 53,000 followers on LinkedIn, due to her insightful real-world contract content. Her best-selling book, Practical Tips on How to Contract, has sold over 9,000 copies.
Laura has a unique gift for taking complex contracting concepts and making them not just understandable, but genuinely enjoyable to learn. Her infectious enthusiasm for contracts has made How to Contract the go-to training solution for lawyers and professionals who want practical skills they can apply immediately in their job.
About our Sponsor
Spellbook is the AI contract solution trusted by 3,000+ legal teams
Spellbook is the leading AI-powered contract drafting and review platform built specifically for legal professionals. It is also one of the four legal AI tools given early access to integrate OpenAI's GPT-5, which it uses along with other advanced language models.
Spellbook works directly in Microsoft Word to help lawyers draft, review, and redline contracts 10x faster. Trained on billions of lines of legal text, including case databases, statutes, and form libraries, Spellbook understands the nuances of contract drafting and provides precise, contextual suggestions right where lawyers work.
Spellbook's mission is to empower legal professionals with AI that enhances expertise rather than replacing it, making complex contract work faster, more accurate, and more strategic. Serving legal teams in over 80 countries, Spellbook ensures complete data privacy with Zero Data Retention agreements and compliance with GDPR, CCPA, and other privacy regulations.
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