Feras Alhlou points out that AI can draft complex B2B contracts in minutes instead of weeks, but law firms still review them using outdated processes that take weeks anyway. The speed gain disappears in the queue.
In the past, it might have taken 2 weeks to generate an analysis of a contract or maybe even produce a contract, a 30-page contract on a B2B enterprise-wide system, 6-figure contract or 7-figure contract. Today, you can generate this contract in minutes, in an hour, but if it still has to wait in line for 2 weeks to be reviewed by an attorney, then all the efficiency that we have gained from producing a contract in minutes, those efficiencies are underutilized or underleveraged, and they're wasted because now the process of reviewing documents hasn't changed. So you can't use a workflow that was produced 5 years ago with a cutting-edge technology.
