Customer-centered legaltech: Automated analysis of standard form contracts

Daniel Braun, Elena Scepankova, Patrick Holl, Florian Matthes

Research output: Contribution to journalArticlepeer-review

Abstract

Customers are regularly confronted with complex standard form contracts, especially online. Most of the time, customers do not read these contracts at all and even if they try, they are not always able to understand them. In this paper, we present a technological approach to address this imbalance of powers between customers and companies and a prototypically implementation which analyses, assesses, and summarizes terms of services from German web shops.

Original languageEnglish
JournalJusletter IT
Issue numberFebruary
StatePublished - 2018

Keywords

  • Legaltech
  • Standard form contracts
  • Terms of services
  • Text analysis
  • Text summarization

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