Allan Oziel and Thassiane Gossler
Oziel Law recently joined Counselwell for a working session with in-house counsel from financial services companies, focused on how legal teams can approach AI contracting with clarity and confidence.
AI contracting has become a core issue for in-house legal teams, particularly in regulated industries where the use case, the data, the vendor architecture and the potential consequences of error can materially change the legal analysis.
Allan Oziel and Thassiane Gossler led a discussion on how AI reshapes the traditional technology contracting exercise. They walked through assessing the specific use case and level of risk, conducting AI-specific vendor diligence, and translating those findings into contractual protections that hold up in practice.
The session covered data use and training, third-party models, outputs and IP, accuracy and performance, human oversight, model changes, liability and exit planning.
A central theme was that there is no single set of “AI terms” that works for every deployment. The right contracting approach follows the actual use case: the data involved, the level of reliance on the output, the degree of autonomy and the consequences if something goes wrong.