Challenges
- The client, a legal company, wanted to be able to search documents for lease review and due diligence.
- The system needed to be able to identify the key parameters defined by the legal expert and provide key insights.
- Automated summaries had to be prepared using parameters such as contract terms, party details, and compensation and liability clauses.
Xpertnest’s Solutions
- Xpertnest used Natural Language Processing (NLP) and Artificial Intelligence (AI) to train a model on the key parameters to be identified in the document
- Data was annotated for module training.
- A solution was implemented to generate summaries of each contract.
Value Delivered
- Accurate summaries of contract information.
- Minimal human intervention.
- Improved overall efficiency for document processing, saving time and costs.
