June 24, 2026
Generative AI for Business Transactions
I am teaching an online course with Robert MacKenzie on July 9th about Generative AI for Business Transactions: Practical Applications for Professionals through eCornell. The Workshop Overview reads,
Generative AI is transforming how business transactions are conducted, from drafting and reviewing contracts, to summarizing due diligence materials, to benchmarking contract terms across industries. Many professionals, however, lack a practical framework for integrating these tools responsibly into their workflows.
This Workshop offers a hands-on introduction to applying AI in real-world transactional work. Participants will draft and refine communications, review and benchmark contract terms, and build compliance checklists and workflow playbooks, all while comparing outputs across AI tools to understand strengths, limitations, and potential errors.
Throughout the session, we focus on ethical, legal, and practical considerations, helping participants use AI as a complement to professional judgment rather than a substitute. By the end, participants will leave with reusable workflows, practical experience, and a clear approach to integrating AI responsibly into business transaction processes.
The Key Workshop Takeaways include,
- Apply AI to core transactional workflows, including contract drafting, precedent comparison, and due diligence summaries
- Evaluate outputs across multiple AI tools to understand their strengths, limitations, and differences
- Manage key risks of AI use, such as hallucinations, confidentiality exposure, and overreliance, while integrating AI responsibly
- Build workflow templates and checklists to structure AI-assisted tasks for consistent, reliable outcomes
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