Associate Professor organized a first-of-its-kind workshop on computable contracts last month. Held Sept. 8-9 at Stanford Law School, the two-day workshop focused on designing and implementing a system of contractual obligations that computers can automatically process, understand, and assess compliance. This concept is based on a 2012 law review article by Surden.
The workshop, "," aimed to bring stakeholders together to form a Legal Specification Protocol鈥�"a coordinated, interoperable standard for embodying contracts and other legal formulations as executable computer code." The event's purpose and goals appear below.
Purpose: The goal of this working meeting is to gather a number of stakeholders ranging from entrepreneurial business leaders to legal service providers, technology companies, academics, and government agencies to begin a process that will lead to the promulgation of a coordinated, interoperable standard for embodying contracts and other legal formulations as executable computer code: a Legal Specification Protocol (LSP).
Outcome Goals:
- The development of a working understanding of the 鈥渟tack鈥� of elements in the LSP, particularly as appropriate for computable contracting;
- The development of a working understanding of the elements in the data/event specification that will suit it for legal process automation;
- The development of targets for implementation in software applications;
- The organization of working groups that will tackle the elements of the stack and the targeted applications;
- Agreement on a framework for the standard-setting process going forward;
- The setting of next gathering(s) of the process;
- The recruitment and commitment of additional leaders for work, funding, and convening.
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Surden鈥檚 scholarly work revolves around legal informatics, artificial intelligence, and law such as machine and learning law, legal automation, and self-driving/autonomous vehicle issues. He also studies intellectual property law, and in particular patents and copyright as well as information privacy law. He teaches Torts, Patent Law, and Introduction to Intellectual Property Law.