Stefanie Yuen Thio quoted in The Business Times: “Small-business owners warm to AI-written contracts; lawyers warn of costly mistakes”

Stefanie was quoted in The Business Times by Renald Yeo, in his article on small-business owners adopting AI for written contracts.

The article included Stefanie’s comments that existing templates for simple contracts are already available for free online, and that for complex or nuanced work, however, a lawyer should still be roped in. Stefanie shared that companies should also note that the generative AI bot may be mining the information these companies input into the application, and consider if confidential or sensitive information is being “shared”, as not all clients may like the idea due to confidentiality concerns.

The article was also picked up by Singapore Law Watch.

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