Klarna Lawyers Told to Use ChatGPT To Save Time Drafting Contracts
Lawyers at Swedish fintech company Klarna have been encouraged by their CEO to use ChatGPT in order to save time drafting contracts, with adoption rates within the legal team nearing at 90%. Klarna announced in a statement earlier this week that its lawyers were now routinely turning to ChatGPT Enterprise to create the first draft of common types of contracts.
The fintech company's CEO has told staff to "test, test, test and explore”, with 86% of the legal function now making use of generative-AI models in their day-to-day work.
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