Allocating AI Risk – Negotiating AI Tool Terms and Conditions (On-Demand)
Recorded On: 06/30/2026
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Negotiating AI Vendor Agreements: Contracting for a Moving Target
AI tools promise speed and better decision-making — but they come with contracting challenges unlike anything in your standard vendor playbook. Models update constantly, third-party components are baked into the stack, and vendors often push for broad rights over your inputs and usage data. Get the terms wrong, and you could be signing away control of your IP, your confidential information, or your data before you even realize it.
This session walks through the key terms every AI vendor agreement needs and delivers practical strategies for managing risk in a landscape that's evolving faster than most contracts can keep up with.
You'll walk away with:
- A clear checklist of must-have terms for AI vendor agreements
- Strategies for negotiating IP ownership and usage rights over your data and inputs
- Practical guardrails around confidentiality and data deletion
- An understanding of the risks posed by frequent model updates and third-party components
- Approaches for future-proofing contracts against rapidly evolving AI capabilities
Who should attend:
- In-house counsel negotiating vendor and technology agreements
- Procurement and contracts professionals
- Chief privacy officers and data protection leads
- Risk and compliance professionals evaluating AI vendors
- General counsel overseeing technology partnerships
Generously Sponsored by Blank Rome LLP
This session is part of the 2026 Contracts & Negotiations Master Class Series.
Click Here to view all sessions and register for the full series.
Sharon Klein
Partner
Blank Rome
Sharon advises businesses on assessing and mitigating risks related to the privacy and security of personal data, ownership, and commercialization of data artificial intelligence; planning, drafting, and implementing privacy, security, and data protection policies and “best practices”; compliance with global, federal, and state privacy and security laws, regulations, and rules; data governance; and breach response, crisis management, and remedies for non-compliance. She is certified as an information privacy professional by the International Association of Privacy Professionals.
Sharon has deep experience in negotiating and drafting complex technology and cloud transactions, licensing, and strategic IT and commercial agreements. She is active in many organizations involved in technology, data privacy and security, and health information. For example, Sharon is a member of a U.S. Department of Health and Human Services task force that is addressing aligning healthcare industry security approaches to responding to cybersecurity threats under the Cybersecurity Information Sharing Act of 2015. She also is a commissioner of the Electronic Healthcare Network Accreditation Commission, a voluntary, self-governing standards development organization established to develop standard criteria and accredit organizations that electronically exchange health care data.
Sharon brings more than 35 years’ experience to Blank Rome, advising clients on data privacy, cybersecurity, and complex technology transactions. Her acumen in data privacy stems from her significant experience executing outsourcing and technology contracts, but also from the 12 years she spent as associate general counsel at Siemens Medical Solutions USA where she notably focused on operationalizing healthcare and life science regulations, including HIPAA/HITECH and the Common Rule in research.
Outside the Firm
Sharon enjoys dinners with her historian husband and her high-school age son. The two cats sometimes make an appearance.
Alex Nisenbaum
Partner
Blank Rome
Alex advises clients on data privacy and information security laws and regulations, including compliance with HIPAA/HITECH; Gramm-Leach-Bliley; the California Consumer Privacy Act; cross-border data transfer; and state privacy, data protection, and breach notification requirements. Alex is able to synthesize the patchwork of state and federal legal requirements to assist clients in bringing innovative products to market and operationalize compliance programs that are in line with their business goals. He is certified as an information privacy professional by the International Association of Privacy Professionals.
He handles technology and data privacy and security matters in a variety of industries, including healthcare, FinTech, financial services, pharmaceutical, medical device, consumer goods, e-commerce, and manufacturing. He also regularly handles strategic information technology (“IT”) transactions covering diverse critical business functions, including agreements involving cloud services and software licensing, software and mobile application development, IT and business process outsourcing, hardware acquisition, telecommunications, data licensing, and professional services.
Janie Trice
Head of Legal
WittKieffer
I'm Head of Legal for Witt/Kieffer Inc. We are an executive recruitment, interim and leadership advisory professional services firm.
Prior to this I served as General Counsel for the Wynden Stark Group, and one of their companies, Nebula.io, sells recruitment matching technologies with advanced AI bult in, so I've been negotiating on both sides of AI-tools since 2020. I've done several agreements around AI-tools (development and professional services), agreements with AI as part of the built in or additional services offerings, and amendments to add on AI-tools to existing software. This work includes cross-boarder contracting considerations with European countries.
Key:
This program originally aired on June 30, 2026. Please note that the on-demand format of this program is NOT eligible for CLE/CPD credit.