MIT Legal Forum 2017: Lawyers Outsmarting their Smart Contacts

A smart contract is an automatically executing document that allows the exchange of goods, services, or currency without the use of a middleman. Many lawyers are concerned that this is one of the technologies that will take the job of lawyers. In this report from On The Road, host Jonathan Askin talks to Casey Kuhlman about what smart contracts really are, how they work, and how dual integration can maintain the role of lawyers within the process. They also discuss the greatest opportunities for both seasoned and young lawyers in a tech-enabled legal industry and share tools for those who consider themselves “tech-weary.” Casey Kuhlman is the CEO of Monax which is building a platform for smart contracts and legal applications of blockchain technology. Learn more about your ad choices. Visit megaphone.fm/adchoices