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Back To Schedule
Friday, May 21 • 3:25pm - 4:25pm
Does Artificial Intelligence (AI) Have a Role in E-Resources Licensing?

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Many Electronic Resource Librarians (ERL) review and negotiate contracts and must balance this work with other time-sensitive activities. Electronic resource license review and negotiation is a complex undertaking due to the concurrent demands of an expedient initial review and the negotiation process itself that can take several months to complete. In addition, developing adeptness in understanding legal concepts and contract language is a long-term commitment as license content continues to change. The main challenge in many libraries arises from the high volume of contracts that often bear little resemblance to one another. There are some popular approaches to contract review that involve iterations of checklists, but is there s more efficient way to review these documents? Can AI contract review software help expedite the review process for libraries? If so, how accurate is the review? Since 2019, The Florida Virtual Campus/Florida Academic Library Services Cooperative began a three-year pilot using AI software (LegalSifter) to review agreements. This presentation will cover to what extent has the software influenced the content of the contract to include favorable terms; how problematic terms are flagged in agreements; and how consistent are these executed agreements. We will also explore the efficacy of using the software to train those new to reviewing and negotiating electronic resource licenses. Limitations of using AI contract review software will also be discussed.

Speakers
RE

Rachel Erb

Direct of E-Resources, Florida Virtual Campus/Florida Academic Library Services Cooperative


Friday May 21, 2021 3:25pm - 4:25pm EDT
Zoom Room #2