Challenge: A Slow, Skilled Slog
- Analyzing legal contracts has historically been a manual process requiring skilled specialists.
- Companies lack resources to understand and manage their contracts.
Solution: Natural Language Processing
- Use natural language processing to evaluate contracts quickly and efficiently.
- Classify contracts by type (MSA, SOW, NDA, etc.).
- Identify key information and analyze specific clauses.
Impact: Millions in Savings
- Human analysts can process contracts faster and in greater amounts.
- Companies get improved insight into their corpus of contracts.
- Greater insight allows companies to make faster, smarter decisions.
Infinia ML can help you automate document analysis.
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For one legal services company, Infinia ML:
- Extracted relevant data from the text with ML-based data acquisition solutions.
- Developed models with cutting-edge techniques like word embeddings and temporal convolutional neural networks.
- Created the ability for analysts to process contracts with greater efficiency.