Abstract: A method of guided collaborative digital contract drafting and negotiations using a chatbot and/or virtual assistant to guide a user through developing a digital contract. The chatbot provides a user with an interactive guided process through a collaborative digital contract drafting process by allowing a natural language interaction. The chatbot can provide education to the user, explain the process and different portions of the digital contract, and offer suggestions for substitute clauses. Furthermore, the user can interact with the chatbot to navigate through the process as well. Additionally, depending on the industry and the purpose of the digital contract, the chatbot can suggest other parties to involve and coordinate communications.

Abstract: The system and method for providing clause-based tailored editing in a collaborative digital contract drafting system. The collaborative digital contract drafting system allows multiple users from different parties to collaborate on the digital drafting, editing, and virtual negotiation of a digital contract. The system allows users to collaborate in real time during the drafting process and provides version control of the digital contract that is siloed between clauses and stored and tracked separately in a tracking database. Siloing the version control between clauses allows toggling between different versions of different clauses independent of one another.